All articles by Megan Robinson – Page 44
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AnalysisWill ex-Morrisons men make Poundstretcher another shrewd buy for Fortress?
Last week, it was announced that Majestic Wine and Punch Pubs owner Fortress had acquired discount retailer Poundstretcher, along with a new leadership team made up of ex-Morrisons staff.
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AnalysisIs Amazon’s latest tech investment the answer to its workforce woes?
As Amazon continues to see growing strike action in the UK and abroad, Retail Week visited the Amazon Operations Innovation Lab in Vercelli, Italy, to see what it is investing in to improve its operations and the workforce.
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InterviewNWEC boss Dee Corsi on why Oxford Street is still ‘the nation’s high street’
As Oxford Street and its surrounds embark on a £90m transformation this autumn, Retail Week sat down with New West End Company chief executive Dee Corsi to discuss how Britain’s most famous shopping street is changing for the better
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NewsAmazon to invest £600m in European robotics and AI over five years
Amazon has announced it will invest €700m (£600m) across its European fulfilment centre network between 2019 and 2024 to enable robotics and AI-powered technologies.
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AnalysisWhat does the future hold for The Very Group under a new CEO?
The Very Group has just promoted its retail managing director Robbie Feather to group CEO with current chief executive Lionel Desclée departing on April 26 to “pursue new opportunities”.
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NewsHome Bargains owner targets 1,000 stores after profit boost
TJ Morris, owner of discount retailer Home Bargains, has posted a rise in sales and profit as it looks to open more stores.
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NewsThe Very Group appoints Robbie Feather as new CEO
The Very Group has promoted retail managing director Robbie Feather to the new role of group CEO.
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NewsProCook ups profit guidance due to 'growing momentum'
ProCook has boosted its profit guidance in the wake of improvements to trading momentum and a growing market share.
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NewsEid festival to return to Westfield following ‘record’ footfall last year
Unibail-Rodamco-Westfield (URW) has announced the return of the Eid festival following the huge success at Westfield London last year.
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NewsCyberattacks and fraud cost UK retail sector £11bn in 2023
The UK retail sector lost £11.3bn to fraudulent activity in 2023, according to global financial technology platform Adyen.
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NewsB&M takes aim at grocery loyalty schemes with new food campaign
B&M has introduced a new food campaign in stores and online, which seemingly hits out at supermarket loyalty schemes.
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NewsThe Works shareholders vote to move to AIM
The Works shareholders have voted to move the specialist retailer’s shares from the main market of London’s Stock Exchange to its sub-market AIM.
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NewsAmazon to axe hundreds of jobs across AWS
Amazon is slashing hundreds of jobs across its Amazon Web Services (AWS) division.
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NewsRetail footfall sees ‘modest’ rise boosted by Easter weekend
Retail footfall in March increased across all destinations as the Easter weekend helped boost footfall.
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NewsNot scrapping tourist tax is ‘missed opportunity’, warns New West End Company boss
New West End Company chief executive Dee Corsi has said not eliminating the tourist tax is a “missed opportunity” to bring money to the UK economy.
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NewsTopps Tiles posts fall in sales
Topps Tiles has posted a decline in sales and profit which the retailer says has been affected by a “weaker market”.
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NewsGreetings card retailers urge Ofcom to keep Saturday deliveries
Greetings card retailers have suggested to Ofcom that if it has to reduce Royal Mail letter services then a midweek delivery day should be axed instead of Saturday.
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AnalysisWhat does Currys’ and AO’s raised profit guidance tell us about the struggling electricals sector?
Both AO and Currys have posted impromptu profit upgrades ahead of their full-year updates this spring. Given that the electricals market has been floundering, what do the recent profit announcements tell us about the future of the sector?
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NewsAO boss calls on UK government to fix ‘broken’ youth services
AO founder and chief executive John Roberts has called on the government to fix the UK’s “broken” youth services by spending £1bn a year on youth provision over the next decade.
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NewsWilko launches new online tools and equipment rental service
Wilko has introduced a new online tool and equipment rental service for customers and DIYers.