More finance – Page 6
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AnalysisTjeerd Jegen: The globetrotting retail journeyman tasked with turning B&M around
Nearly two weeks ago, struggling value giant B&M announced it had appointed Tjeerd Jegen as its next chief executive.
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FeatureConnected stores: Is this the future of physical retail?
Most online shopping experiences aim to be seamless and convenient with as little faff as possible, so it makes sense that the same would be asked of brick-and-mortar stores
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InterviewThe Works boss Gavin Peck on new strategies, cyber security and rising crime
On the day that The Works upped its profit guidance off the back of strong trading results, chief executive Gavin Peck spoke to Retail Week about turning the business around, cyber security, and dealing with rising incidents of crime.
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AnalysisMarks & Spencer boss Machin on cyber attack experience, lessons and action
M&S has just reported a stellar year but hit turbulence after being targeted by cyber-criminals. Chief executive Stuart Machin explains what happened and how he aims to turn disruption to opportunity
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AnalysisWhy things might be looking up again for Greggs and Topps Tiles
While not usually two businesses analysed together, updates from both food-to-go giant Greggs and the homewares retailer Topps Tiles point to possibly more optimistic times ahead for retail.
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Opinion‘No growth strategy, tech investment or innovation can compensate for poor human interaction’
As the biggest private sector employer in the UK, retailers should be applauded for their stellar efforts in making retail a great place to work and build your career, says Retail Week editor-in-chief Charlotte Hardie.
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Chart of the WeekMarks & Spencer cyber attack could have £40m weekly sales impact
A new estimate from the Bank of America (BofA) suggests the cyber-attack could be costing the retailer over £40m per week.
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InterviewQ&A: B&Q’s Andy Moat on pay, culture and the end of minimum wage in retail
B&Q people director Andy Moat talks about today’s competitive pay landscape, increasing expectations for staff on the shop floor and why retailers should be more transparent about their employees’ pay.
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DataData: Consumers plan spending cuts on almost all categories bar grocery
Falling consumer sentiment suggests consumers will focus their spending on supermarket shops over the next 12 months.
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Opinion‘Hoping for a retail leadership role? Here are some things you should know’
To understand the DNA of a successful chief executive it pays to listen to a wide range of voices, and getting to the top today takes more than personal ambition. Headhunter Spencer Stuart’s Sally Elliott shares some observations for those keen to make the grade
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Opinion‘Will UK consumer confidence follow in the same direction as the US?’
Consumers are concerned about their finances and geopolitics. PwC retail specialist Lisa Hooker considers whether the UK may nevertheless prove resilient
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Opinion‘After M&S’ cyber attack, these are the security questions retailers must ask themselves’
It’s a question of when, not if, there are more attempts to breach retailers’ cybersecurity. AlixPartners experts Brian Kalms and Edd Hardy look at how businesses can best protect themselves
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FeatureThe secrets of successful staff suggestion schemes
Initiatives such as M&S’ Straight to Stuart suggestion scheme can help unlock smart business ideas from retail’s frontline. George MacDonald looks at how they can be used most effectively.
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FeatureDrag queens and meatballs: First look inside Ikea’s Oxford Street store
Ikea is primed to open the doors to its highly anticipated Oxford Street store this week, ahead of what is set to be a bumper bank holiday shopping weekend. Retail Week speaks to Ikea market manager, London City, Matt Gould and tours the new store before it opens to the public
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Opinion‘Can a new entrant controlled by a global giant disrupt UK grocery?’
The soft launch of Joybuy represents a play by Chinese powerhouse JD.com to snap up share of the food retail market, but established grocers won’t be quaking in their boots just yet, says George MacDonald
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AnalysisWhile a win for retail, could Reeves’ ‘de minimis’ review lead to consumer backlash?
While the chancellor’s promise to review the UK’s de minimis rules was welcomed by retailers, could it be a double-edged sword for consumers?
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AnalysisTariffs, Topshop and loyalty: Why Asos’ boss is looking ahead despite the turmoil
After Asos showed the “strongest sign yet” of its transformation strategy paying off, Retail Week explores the opportunities and challenges ahead for the fashion retailer
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Opinion‘This grocery ‘price war’ is less battle, more ballet’
The price war narrative misses the mark. What’s actually happening is a repositioning from blunt price matching to smart price signalling, observes OC&C’s Matt Coode
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Opinion‘De minimis advantage – the elephant in the room for Shein, pre-IPO?’
UK retailers would benefit from the abolition of de minimis rules, which have given Shein’s business model an advantage, believes fashion analyst Maureen Hinton
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Opinion‘Job security jitters may rise — and constrain consumer spend’
Consumer sentiment has been helped by a strong labour market, but nervousness on the jobs front means weak demand for discretionary goods may build, cautions Shore Capital director Clive Black