More finance – Page 25
-
DataConsumer confidence drops to record low as economic gloom spreads
Consumer confidence has taken another blow in June as the cost-of-living crisis worsens.
-
AnalysisAnalysis: Five things you need to know about value giant B&M
Value giant B&M has reported a group revenue fall of 2.2% in its latest quarter, but there was also ”an improving trend” over the period.
-
AnalysisRevealed: Where 50 leading retailers are targeting their tech spend
Retail’s tech elite are heavily investing in personalisation and digital payment technologies, a new Retail Week report launched today reveals.
-
Report StoreThe Digital Spend Report
How 50 retail leaders are investing in frictionless tech futures
-
Opinion‘Is UK retail’s £2.8bn excess stock timebomb set to be the sector’s next big crisis?’
UK retail is facing a perfect storm of rising costs and plummeting consumer confidence. Could an excess of stock be the final nail in the coffin for many in the squeezed mid-market?
-
AnalysisAnalysis: Basket sizes shrink and customers trade down at Tesco as cost-of-living crisis worsens
While Tesco delivered a steady set of first-quarter results, boss Ken Murphy is braced for worse to come this year as he outlined changing customer behaviour in response to soaring costs.
-
Opinion‘Cost-of-living tsar appointment smacks more of spin than substance’
As the punishing weight of inflation dominates daily life – and looks as if it will continue to for a long time yet – the government’s latest attempt to address the issue is the appointment of a cost-of-living tsar.
-
Opinion‘Only with economically unsustainable competition removed can the economy reset’
The fiscal stimulus in response to Covid lowered the cost of capital, flooding business models that didn’t deserve funding with valuations that were, at times, eye-watering. The upshot of excess stimulus is the inflation every business is now faced with, says True co-founder Matt Truman.
-
AnalysisAnalysis: As DFS and ProCook warn on profits, has the homewares sector lost its spring?
The homewares sector has enjoyed a boom over the past two years but, with DFS and ProCook issuing the latest in a string of profit warnings, has the pandemic bubble burst?
-
AnalysisAnalysis: Five things you need to know about Beauty Pie
Arriving on the scene in 2016, Beauty Pie was founded on the premise that beauty should be affordable without compromising on quality. With recent investment off the back of a year when sales grew 140%, can it change the landscape of beauty retail?
-
AnalysisRetail Horizon 2022: Navigating cost of living, sustainability and ‘blended retail’
From Brexit to Covid-19, Russia’s invasion of Ukraine to supply chain issues and soaring inflation, the power of external influences to challenge the retail industry has been relentless in recent months.
-
Opinion‘CMA will act to protect shoppers from price fixing’
The Competition and Markets Authority receives more complaints about price fixing than any other infringement of competition law, says its senior director of antitrust Ann Pope – and it will not hesitate to clamp down on offenders
-
InterviewThe Amazon of washing machines: How Marks Electrical is taking on the titans
In a volatile and inflationary electricals market, Marks Electrical has bucked sector trends by growing both sales and market share. Retail Week speaks to chief executive Mark Smithson about how his business is outcompeting its more established rivals
-
DataData: New ranking reveals top 30 UK retailers by store growth
Retail Week’s latest report features new analysis of the retailers that expanded their store footprint the most from January 2019 to March 2022. It also features data from Local Data Company to show the sectors that are driving store growth and where the opportunities lie.
-
AnalysisRetail Horizon 2022: Navigating cost of living, sustainability and ‘blended retail’
From Brexit to Covid-19, Russia’s invasion of Ukraine to supply chain issues and soaring inflation, the power of external influences to challenge the retail industry has been relentless in recent months.
-
Opinion‘JD Sports must call on bench strength to stay top of the league’
For about as long as anyone can remember, JD Sports has stood proudly on the top of the podium in its field, but it is looks as if the retailer has lost its form, writes George MacDonald
-
AnalysisMissguided acquisition: Is Murray’s first Frasers move a misstep or masterful?
After months of twists and turns, Frasers Group and its chief executive Michael Murray swooped in to snap up Missguided out of administration. With his first move to reappoint founder and chief executive Nitin Passi, can this new dream team turn things around?
-
AnalysisAlex Russo: The man stepping into some of retail’s biggest shoes as B&M boss
Taking the helm of a business from an entrepreneurial founder is often a challenge. On top of that, new B&M chief executive Alex Russo is facing volatile market conditions that already mean profits this year are likely to be below last.
-
AnalysisThe state of fashion: Where do rising costs and returns leave the sector?
Fashion retailers might have been benefiting from the return to the office – and the revival of events such as festivals and weddings – but many businesses have flagged ongoing headwinds that are likely to dampen progress.
-
OpinionIn pictures: ‘A tribute to a remarkable man and a social history of local retailing’
On Christmas Eve 2019, Maurice Dorfman flipped the sign on his haberdashery shop door to ‘closed’, just as he, and before him, his parents, had on 60 previous Christmas Eves. This time he would never flip it back. He died two months later, at the age of 87.