All Retail Week articles in May 2023 – Page 3
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Analysis
Temu: The value-led ecommerce app with Shein and Amazon in its sights
Chinese-owned marketplace Temu has taken the ecommerce world by storm since launching last year but what do we know about the platform? As Temu finds its feet in the UK, Retail Week explores how it has been achieving rapid global growth
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Data
One in four online baskets abandoned at checkout costing retailers £32bn
One in four online transactions is being abandoned by customers at checkout amounting to £32bn in the last 12 months, according to the latest research from GFS and Retail Economics.
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Interview
Q&A: Zero-waste beauty brand SBTRCT founder Ben Grace on why less is more
After spending 10 years as the managing director of men’s skincare brand Bulldog, Ben Grace launched SBTRCT in August 2020 with “a mission to create the highest-performing skincare products with the lowest environmental impact”.
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News
Next store staff win ‘crucial’ stage of equal pay battle
Approximately 2,000 Next staff have won a “crucial stage” of their legal dispute to win equal pay with their counterparts in warehouses in a legal first.
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News
Grocery price inflation at third-highest level since 2008
Grocery prices have fallen for the second month in a row, but inflation is still at the third-highest rate since records began in 2008.
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News
Lidl eyes share of Tesco Clubcard profits after winning trademark battle
Lidl may seek a share of profits made by Tesco from its Clubcard scheme after the discounter won a trademark battle over the use of a circular yellow logo on a blue background.
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News
Asos launches first-ever rental collection in partnership with Hirestreet
Pureplay fashion brand Asos has launched its “first-ever rental edit” in partnership with rental marketplace Hirestreet.
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News
Topps Tiles delivers record sales driven by omnichannel model
Topps Tiles has delivered record results as average sales per store increased by 30% compared with 2019, driven by “nationwide store coverage, world-class customer service and strong omnichannel capability”.
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News
Robert Dyas launches new loyalty scheme
Robert Dyas has launched a new loyalty scheme, MyDyas, to help customers as the cost-of-living crisis continues.
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Opinion
‘As a virgin to supermarket supply, I was shocked at the casual, abusive arrogance’
The best supply chains temper aggressive, short-term competition on price with efficient communication and trustworthy behaviour, argues organic veg specialist Riverford’s founder Guy Singh-Watson
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Retail Voice
Together we can create a happier and healthier retail industry
Our wellbeing festival proves that retail is not just an industry but a community that is stronger together, says Retail Trust’s Chris Brook-Carter
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News
Marks & Spencer launches ‘industry-leading’ neonatal leave scheme
Marks & Spencer is offering up to 12 weeks of paid leave for staff whose babies need specialist neonatal care, in what it described as an industry-leading scheme.
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Analysis
Digital-first operating model: Why you need it and how to build one
Globally, the retail industry invested $181bn (£145bn) in retail tech and digital improvements last year, but most retailers don’t feel like they’re getting bang for their buck
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News
Brompton Bikes makes John Lewis its first department store retail partner
Brompton Bikes will sell online with John Lewis as it targets expansion from being a direct-to-consumer business with its first partnership with a retailer since it was founded in 1975.
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News
Wilko considers CVA among turnaround options
Variety retailer Wilko is pondering the possibility of a CVA among a range of options as new chief executive Mark Jackson seeks to turn around the business.
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News
Nobody’s Child pop-up stores are ‘huge step’ in bricks-and-mortar strategy
Fashion retailer Nobody’s Child has announced the launch of three new pop-up stores across London this summer, as a continuation of its “significant growth into physical retail”.
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News
Exclusive: Percival shuffles board as it gears up for international growth
Percival has announced the appointment of Cheryl Calegari as its new non-executive chair, joining its investment group VGC Partners’ board to “lead brand strategy and business growth” for the British menswear retailer.
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News
Sainsbury’s prepares to launch online fashion marketplace
Sainsbury’s is gearing up to launch its own online fashion marketplace as it seeks to leverage the web traffic it draws.
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Innovation of the Week
Innovation of the Week: Selfridges opens sustainable fashion ‘stock market’
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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Opinion
‘Larger retailers can learn plenty from innovative independents’
The creativity and innovation that independents bring to the high street and the industry offer valuable lessons to all retailers, believes PwC’s Lisa Hooker