More finance – Page 10
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AnalysisThat’s a wrap: Have Black Friday and Cyber Monday been boom or bust for UK retail this year?
After a depressingly slow November, retailers could have been forgiven for thinking that Christmas spending might never come. With the promotions coming to an end, did Black Friday and Cyber Monday actually deliver?
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Opinion‘The Lords committee believes high streets can flourish again – this is why’
The challenges faced by high streets are surmountable if change is embraced, believes Lord Moylan, chair of the House of Lords’ Built Environment Committee, as he publishes the findings of a committee inquiry on the subject
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FeatureInditex: how Zara’s parent company is thriving while other high street brands are barely surviving
From a small family-run business to a global fashion phenomenon, Inditex is dominating the high-street fashion space and has established itself as a firm favourite among a broad range of shoppers. But while it remains under the radar, staying out of the headlines for all the right reasons, Retail Week looks at how the Zara owner reached its royalty status
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Opinion‘Retailers are heading into a challenging period of adjustment post-Budget’
To make the numbers work post-Budget, retailers face tough choices to balance spiralling costs with the need to invest in productivity-enhancing areas such as technology. There is some action they can take though, points out Alvarez & Marsal’s Erin Brookes
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DataRapid delivery: is it still all to play for?
Thanks to data collected exclusively for Retail Week by CACI, we can reveal the picture of spend in the rapid delivery market, how Getir managed to crash out of a service that’s in such high demand and the demographic groups it attracted that are now up for grabs.
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AnalysisAre job cuts, store closures and inflation really inevitable after Labour’s Budget retail ram raid?
From “disappointing” to “clobbered”, the retail backlash to last month’s Budget has only grown with every passing day. The next question is what the sector will do in response?
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FeatureSecond chances: will hiring ex-offenders ever be mainstream in retail?
Multiple high street retailers are scaling up recruitment programmes that proactively recruit from the pool of 14 million people in the UK with a criminal record.
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AnalysisBudget backlash: Sainsbury’s boss warns tax rises will lead to higher prices
Despite posting surging profits and sales at the half year, Sainsbury’s boss Simon Roberts became the latest retail boss to warn that Labour’s all stick and no carrot approach to business will lead to higher prices.
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AnalysisWhy Marks & Spencer is confident on growth despite £60m Budget ‘double whammy’
After smashing interim results expectations, Marks & Spencer chief executive Stuart Machin sees plenty of opportunity to keep up momentum across the board – despite unwelcome extra costs following the recent Budget.
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DataRanking: The top 25 fastest-growing retailers show how we shop the ‘new normal’
Thanks to the Interpath Retail Index 2024, Retail Week can reveal the top 25 fastest-growing retailers and what they tell us about how shoppers behave in the ‘new normal’. To read the full report and see the full list of fastest-growing retailers which goes up to 100, click here.
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Opinion‘How retailers operate will change post-Budget as they confront new economic reality’
‘Last week’s Budget is likely to prompt changes to the operating models of retailers as they seek to adapt to new economic realities, believes BRC chief executive Helen Dickinson
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AnalysisNational Insurance contributions, business rates and crime – what the Budget means for retail
Chancellor Rachel Reeves today delivered Labour’s first Budget in nearly 15 years. But what was in there for retail, and how has the sector reacted?
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Opinion‘Next’s membership of retail’s billion club is likely to be longer-lived than some’
Big-name retailers have made profits of £1bn only to fade afterward. Next looks likely to beat that trend, argues George MacDonald
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FeatureHoist the sales: Could cruise ships be the next big opportunity for retailers to climb aboard?
Although evolving rapidly, the retail offer on many cruise ships hasn’t caught up with the expectations of its increasingly youthful clientele. To find out what it might look like in an ideal world, with no budget constraints or pesky stakeholders, we asked creative agency Household to dream up what the world’s best cruise ship shopping might look like.
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Innovation of the WeekPets at Home has partnered with Microsoft to implement AI for profit protection
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team.
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AnalysisShareholder shootout: the key players in the looming battle for control of Boohoo
As the behind the scenes boardroom battle for control of fallen fast fashion giant Boohoo breaks out into the open, Retail Week looks at the major shareholders and how they may decide the fate of the retailer
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Opinion‘Consumer sentiment is low but some retailers can still be optimistic about golden quarter’
Retailers that can make consumers feel like their purchase is essential or make products feel like an affordable treat are likely to have the greatest success this Christmas, maintains PwC’s Lisa Hooker
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Opinion‘As Mike Ashley steps back into the ring, why is he set on Boohoo for his comeback fight?’
The sector held its breath this morning as one of retail’s last great heavyweights stepped back into the ring. But why now, for Mike Ashley? And, more importantly, why Boohoo? Asks news editor Hugh Radojev
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Opinion‘It will take more than delisting and taking the business private to transform N Brown’
N Brown is the latest retailer to go private. Whether it could have pursued a successful strategy as a public company may be a moot point, but changing the ownership structure alone won’t be enough to save it, says George MacDonald
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Opinion‘Despite the consumer gloom, retailers still need to prepare for a hyper-competitve Black Friday’
While consumers are still price concious after the cost-of-living crisis, the coming Black Friday and Cyber Monday sales events still promise to be super lucrative for UK retailers – provided they can seize the opportunities writes YouGov’s UK head of consumer insights Sarika Rana.