All Retail Week articles in May 2022 – Page 3
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News
Kingfisher sales beat pre-pandemic levels but lockdown DIY boom slows
DIY giant Kingfisher’s sales declined against strong comparables in the last two years.
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News
Moonpig expands range with Buyagift acquisition
Moonpig has made moves to grow its gifting offer with the proposed acquisition of Buyagift.
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News
The Very Group owners revive plans for £4bn listing
The Very Group owners the Barclay family have brought back plans to float the online retailer to the tune of £4bn.
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Opinion
‘A new kind of leadership can help retailers thrive through the challenges ahead’
In the face of mounting challenges, retail leaders can succeed by hiring and developing the right people, adopting a constructive approach to all stakeholders and fostering a culture of innovation, writes Sally Elliott.
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News
Iceland cuts food prices for over-60s shoppers in bid to ease soaring living costs
Iceland and Food Warehouse have unveiled plans to reduce the cost of their products by 10% on a weekly basis for shoppers aged 60 and over in its latest bid to ease the cost of living crisis for customers.
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News
Retail sales decline as stretched shoppers rein in non-food spending
In April, retail sales registered a substantial decline in the volume of products bought year-on-year.
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News
Tesco axes multi-buy junk food deals despite HFSS delay
Tesco has said it will press ahead with plans to remove BOGOF deals on unhealthy items despite the government announcing that the regulations would be delayed for a year.
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Data
Consumer confidence plummets to lowest-ever levels as cost-of-living crisis escalates
Consumer confidence has reached an all-time low since records began in 1974.
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Opinion
‘Asos’ chair has taken on a second retail giant, but when will it find its new CEO?’
Asos and Asda’s difficulties in finding new chief executives reflect a bigger problem in retail’s battle to secure top talent, writes Rosie Shepard
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News
John Lewis Partnership drafts in new people boss from Post Office
John Lewis Partnership has appointed Lisa Cherry as executive director for people.
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News
Love Island partners with eBay to bring sustainable fashion to TV screens
eBay will act as reality TV show Love Island’s fashion partner, with contestants all wearing second-hand outfits.
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News
Currys turns to Asos to hire new chair
Currys has appointed Ian Dyson, at present the chair of Asos, as its new chair.
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News
Online sales tax will ‘damage shops and high streets’, Marks & Spencer warns
Marks & Spencer has written to chancellor Rishi Sunak setting out its opposition to an online sales tax.
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News
Exclusive: French Connection partners with Hirestreet to launch rental service
French Connection has launched an on-demand rental service on its own site, powered by Hirestreet’s sister platform Zoa.
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Analysis
In pictures: Platinum jubilee – a look back at 70 years of seismic change in retail
As the nation celebrates the Queen’s platinum jubilee, we take a look at how retail has been transformed during her reign, from the rise of self-service to the emergence of consumer culture.
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News
Inflation balloons to highest rate for 40 years as recession fears mount
Inflation has hit its highest rate in 40 years as soaring energy bills pile further pressure on consumers.
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News
Morrisons rescue deal for McColl’s cost £182m
Morrisons shelled out the equivalent of £182m to rescue the collapsed convenience chain McColl’s, administrators’ documents have revealed.
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News
Burberry posts profit uplift but cautions on China recovery
Burberry has posted a rise in full-year profit but cautioned that its outlook for future trading is dependent on the rate of the recovery in its key Chinese market.
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Retail Voice
How serving stakeholders can have a powerful purpose
A bright and secure future for a business is balanced on all key stakeholders being happy. Spencer Stuart’s Sally Elliott and Susan Hart focus on how retailers can serve all key parties and keep the outlook optimistic.
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Video
Watch: Boots CIO – a ‘meaningful difference’ in customer messaging forges a more human connection
Join Boots and Cognizant as they discuss why connecting with customers, especially younger, digital-native consumers, is becoming increasingly complex.