More on Me + Em – Page 363
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Opinion‘Hyperinflation demands aggressive response on customer proposition and costs’
While hyperinflation might be a new challenge for many UK retailers, there are strategies to navigate it, say Anita Balchandani and Richard Mayfield at McKinsey & Company
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NewsLidl to become highest-paying UK supermarket following second pay rise of year
Lidl has invested a further £39.5m into raising hourly pay for store and warehouse staff, making it the UK’s highest-paying supermarket.
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NewsMorrisons launches media business to capture brands’ advertising revenues
Morrisons has become the latest retailer to launch an advertising media business connecting brands to consumers.
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NewsData: Store closures slow in ‘remarkable’ post-pandemic retail recovery
The recovery of physical retail stores and leisure destinations has been “remarkable” given the ongoing economic headwinds facing the sector, according to a new report.
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NewsJD Sports rides out turmoil to post profits at top end of expectations
JD Sports has reported a fall in first-half profits, which nevertheless came in at the top end of management expectations after a period of upheaval.
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AnalysisAnalysis: Life after Debenhams – how beauty brands defied the department store downturn
Dwindling department store numbers across the UK could have been a death knell to the beauty sector’s fortunes, but new entrants and changing consumer habits have driven the sector’s performance
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Retail VoiceHow AI can simplify self-service shopping
Retailers looking to provide consumers with a more convenient way to buy loose items should consider simplifying pick lists using AI technology such as computer vision, says Diebold Nixdorf’s Matt Redwood
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Retail VoiceHow to avoid inventory accuracy hurting the bottom line
Retailers should review their stock-counting processes and take back control as the current crisis puts more pressure than ever on costs and margin, says Mike Finch, operations director, retail solutions, EMEA at Zebra Technologies
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NewsPets at Home reshapes exec team as chief operating officer Robinson exits
Pets at Home’s chief operating officer David Robinson is set to exit the business.
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Opinion‘As retailers call founders to the rescue, long-term success can’t depend on them’
Several retailers in recent weeks have hoped their founders and former leaders can turn their fortunes around – but strong businesses are not one-man shows, writes George MacDonald
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NewsCo-op suffers double blow as food and Nisa bosses exit
The Co-op has looked internally for a replacement after former food boss Jo Whitfield made the decision not to return to the retailer after her sabbatical.
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NewsMarks & Spencer unveils £15m cost-of-living support for staff
Marks & Spencer has launched a £15m support package for employees to help them through the cost-of-living crunch.
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NewsJD Sports drafts in ousted boss Peter Cowgill as consultant
JD Sports has made a £5.5m deal with former boss Peter Cowgill, which will include him acting as a consultant for the sportswear retailer for the next three years.
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Retail VoiceWhy empowering staff can lead to success
Trust is built from the inside out and retailers should give greater responsibility to staff across their businesses, says Maze’s Mark Rice
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AnalysisGreenwashing: Three rules to get your sustainability message right
As UK fashion retailers including Asos, Boohoo and George at Asda are investigated for potential greenwashing, Lena Roland, head of content at marketing specialist WARC Strategy, explains how businesses can avoid misleading customers with their sustainability messaging
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NewsWatch: Waitrose launches new ‘Food to Feel Good About’ campaign
Waitrose has launched its new brand positioning campaign – ‘Food to Feel Good About’ – just days after it was hinted at by senior leadership in the John Lewis Partnership’s results.
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NewsMoonpig goes back to basics to navigate cost of living crisis
Moonpig has said it will focus on greeting cards and has left its full year guidance unchanged as it seeks to navigate the current cost of living crisis.
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NewsMike Ashley to step away from Frasers at next AGM
Frasers Group has said founder Mike Ashley will not seek re-election as a director at its next annual general meeting and will be stepping away from the business.
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NewsKingfisher guidance unchanged despite profits and sales slump
Home and DIY giant Kingfisher has insisted that its full year guidance remains unchaged despite profits and sales falling in the first half.
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Opinion‘Even wealthy consumers may reach a tipping point where prices are too high’
Careful management is needed or luxury retail – often insulated from the effects of downturns – may not emerge unscathed from the impending recession, warns Alvarez & Marsal’s Erin Brookes