More finance – Page 5
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AnalysisProfile: Asda’s new owners – the billionaire brothers with community values
Britain’s third-largest supermarket chain Asda has returned to private ownership, but who are the billionaire brothers behind the £6.8bn deal? Retail Week takes a closer look at Mohsin and Zuber Issa.
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Opinion
‘Whisper it for now, but retail is on the road to recovery’
One would be forgiven for thinking retail was on its proverbial deathbed given some of the media coverage of the past few days.
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Data
League table: Who have been Covid’s retail winners and losers?
Retail is in the midst of one of the most challenging periods in its history as the coronavirus pandemic wreaks havoc across the industry.
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Analysis
Analysis: Can retail survive a second national coronavirus lockdown?
As Covid restrictions tighten and the prospect looms of further ‘circuit breaker’ measures, Retail Week looks at how the industry would fare in a second lockdown.
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Analysis
Superdry’s Dunkerton: Product and sustainability will see us through
Despite the hit to sales suffered by fashion retailers amid the coronavirus pandemic, Superdry chief executive Julian Dunkerton is positive that, barring absolute disaster, the retailer’s design overhaul and new strategy will set it up for long-term success.
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Analysis
Eight reasons why Next boss Wolfson is feeling optimistic
Despite the troubles plaguing the fashion sector during the coronavirus pandemic, Next boss Lord Wolfson remains surprisingly upbeat about the future of the business. Retail Week finds out why.
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Analysis
Analysis: Three ways Inditex beat the fashion blues to return to profit
Zara owner Inditex swung back into the black during its second quarter, despite the ongoing impact of the coronavirus pandemic.
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Opinion
‘Landmark CVA vote must usher in a New Look for retail rents’
One line stood out in New Look chief executive Nigel Oddy’s statement this afternoon after creditors rubber-stamped its controversial company voluntary arrangement (CVA).
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Analysis
Analysis: Does a new golden age beckon for UK grocers following pandemic?
Morrisons boss David Potts described the first half of the year as the “renaissance of the British supermarket”. Retail Week analyses whether the stats back up his assertion and what it means for the wider grocery market
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Opinion
‘If landlords reject New Look CVA, they’ll be next in line for administration’
A lot of people have had to swallow bitter pills to help safeguard the future of New Look. Now one final group, landlords, is being asked to share the harsh medicine.
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Analysis
Analysis: How coronavirus has shifted JD Sports boss Cowgill’s priorities
JD Sports has made a name for itself as one of UK retail’s star performers. And despite the hammer blows coronavirus has delivered to swathes of the sector, the sports fashion giant has emerged bruised but still swinging.
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Analysis
Analysis: Five retailers that could be Britain’s next £1bn brand
With Gymshark securing unicorn status last month, just eight years after it was founded by former pizza delivery boy Ben Francis, who could be next? Retail Week looks at the businesses that have the potential to become Britain’s next £1bn brand.
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Analysis
Analysis: How can city centres rebound in a coronavirus world?
As one-time commuters predominantly continue to work from home post-lockdown, Retail Week assesses what can be done to encourage people to return to hard-hit city centres
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Opinion
Jacqueline Gold: ‘We’ve put more family money into Ann Summers, but now I’m facing a CVA’
The Covid-19 pandemic has been an extraordinary time for all retailers. With all our stores closed at Ann Summers, the focus shifted to online, and thanks to the heroics of our colleagues, we managed to meet a significant step up in demand while people were in lockdown. I can’t imagine ...
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Opinion
‘Walmart’s TikTok interest is $30bn worth of evidence that retail has changed forever’
If ever something deserved an exclamation mark, it was the news that retail powerhouse Walmart hopes to snap up video-sharing social media network TikTok in a deal worth as much as $30bn.
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Analysis
Analysis: Will The Hut Group’s IPO float or sink?
The Hut Group has finally revealed its intention to float on the London Stock Exchange after many years of speculation. Retail Week analyses whether it will hit its punchy £4.5bn valuation and why it has chosen to attempt it now.
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Opinion
The Secret Retailer: ‘Financial cliff edge looms without rent standstill deal’
We have to secure an extension to the moratorium on landlords taking action against retailers that do not pay rent.
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Analysis
The economics of ecommerce: Counting the costs of trading online
As countries went into lockdown when the Covid-19 pandemic hit, ecommerce was the sole channel still open to retailers of products deemed non-essential.
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Analysis
The Big Question: Should there be a cap on CVAs for retailers?
As the coronavirus continues to hammer sales and customer footfall levels show no signs of returning to pre-Covid levels any time soon, more struggling retailers are turning to insolvency procedures such as CVAs to survive. However, with many brands having a second or third bite of the cherry, industry experts ...
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Analysis
Marks & Spencer job cuts – harsh medicine, but necessary
Marks Spencer’s biggest round of job cuts ever has sent shockwaves through retail. Around 7,000 roles will be axed – and that is on top of 950 redundancies revealed just a month ago.
