More finance – Page 11
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Data
Walmart issues profit warning as costs soar and inflation bites
US retail giant Walmart has warned on profits for the second time this year, as soaring inflation curbed customer spending
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Opinion
‘When Amazon and Walmart sneeze, all of retail could catch a cold’
Signs of pressure on two of the world’s leading retailers, US-based giants Amazon and Walmart, will send a shiver down the spines of businesses in the UK
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Analysis
Retail 100: Three lessons from the sector’s most inspiring leaders
The 17th annual Retail 100 is a celebration of the individuals transforming the sector, disrupting traditional retail models and being a voice for the industry. Retail Week explores some common trends shared by the leaders featured
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Data
Consumer confidence stagnates at lowest ever levels
Consumer confidence remained low in July as shoppers feel the cost-of-living pinch
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Opinion
Asda customer chief: ‘Shoppers are ditching products at checkouts to stay within budget’
As the cost-of-living crisis begins to impact customers at the checkout, Asda chief customer officer Sam Dickson shines a light on the behaviours the grocer is seeing in its supermarkets and the measures it is taking to help families in need
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Analysis
Analysis: Five things you need to know about booze specialist Naked Wines
Naked Wines has virtually doubled in size since selling Majestic just two and a half years ago, but its share price tumbled 40% last month after it warned sales and profits would take a hit this year amid “greater uncertainty” in the economy
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Analysis
Analysis: What happened to the retail lab? Walmart, Tesco and Farfetch on the evolution of innovation
Retail labs and accelerators were everywhere a few short years ago. What happened – and are retailers still innovating?
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Analysis
Deep dive: After Bank of England’s horror warning, is your business recession-ready?
Soaring energy prices, growing inflation and nose-diving consumer confidence present a perfect storm for retailers in 2022. What can be done to weather it?
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Data
Data: How cash-strapped customers will cut £25bn in spend – and the sectors hardest hit
Retail Week explores how the cost-of-living crisis will impact the way consumers spend and who will be worst affected
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Analysis
Five ways to adapt to changing consumer behaviour amid cost-of-living crisis
Retail veteran Peter Williams and executives from Pandora, Bookshop.org and REN Clean Skincare reveal how they are witnessing spending habits shift – and what this means for their strategies – ahead of appearing at Consumer Week
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Analysis
Data: The sectors that will win and lose this Christmas
The cost-of-living crisis is set to bite this festive season, with health and beauty the only sector to see volume growth, as Retail Week’s latest report reveals
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Opinion
‘Retailer focus is on how to help customers caught in cost-of-living crunch’
At a time of unprecedented national and global challenges, retailers are determined to support their people and their customers, writes British Retail Consortium chief executive Helen Dickinson.
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Report Store
The Christmas Forecast 2022
Exclusive data reveals how retail sales will fare this Christmas
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Opinion
Business rates and online sales tax – reviews and rows but what hope of a resolution?
As retailers battle the increasing costs of doing business, they still bear one of their longest-suffered and biggest burdens – business rates.
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Analysis
Data: 50 retail leaders reveal tech investment priorities to weather the cost-of-living crisis
Retailers are investing in cutting-edge customer experience technologies to drive demand and be front of mind for consumer spend.
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Opinion
Theo Paphitis: ‘After Boris, we need a leader who’ll support business, not f**k business’
The to-do list for the next prime minister is long and urgent – they must be a serious candidate capable of governing like a grown-up, writes Theo Paphitis.
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Analysis
How Currys plans to seize market share opportunity from cost-of-living crisis
Currys boss Alex Baldock has set out how the electricals retailer will ‘keep the customers coming back’, despite the increasingly challenging trading environment.
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Data
Data: Value is top concern for families amid cost-of-living crisis, M&S survey reveals
A survey by Marks & Spencer has found that financial worries are top of consumers’ concerns this summer.
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Analysis
Analysis: Sainsbury’s boss Roberts’ key takeaways on inflation, suppliers and staff pay
Sainsbury’s chief executive Simon Roberts faced questions on everything from inflation and supplier relationships, to staff pay and Argos’ ongoing underperformance as he presented details of first-quarter trading to the media this week.
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Opinion
‘Boots needs more TLC to create value, whoever owns it’
After failing to find a buyer for Boots, Walgreens insists “it is an exciting time” for the health and beauty stalwart, but without innovation and investment it risks falling behind, writes George MacDonald