More on Me + Em – Page 388
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AnalysisData: As ecommerce sales retreat, has the Covid online boom finished?
With the news in recent weeks that Amazon has swung to a loss and Shopify has sacked one in 10 employees, new data shows that the ecommerce boom seen during the pandemic may finally be coming to an end.
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DataDecathlon launches rental service to help customers with rising prices
Decathlon has launched a new rental service for customers to help them deal with burgeoning inflation on products such as kayaks and stand-up paddle boards
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NewsTikTok enters grocery sector with fresh food offer
TikTok has launched a fresh food offer on its shopping platform
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NewsSunak pledges to ‘save the high street’ with revitalisation plan
Prime ministerial contender Rishi Sunak has unveiled a plan to “save the high street”, as he battles for the Conservative leadership.
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NewsJD Sports sells Footasylum to investment group
JD Sports has offloaded its Footasylum business to German investment group Aurelius.
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NewsWaitrose removes best-before dates on 500 products to tackle food waste
Waitrose will remove the best-before dates on 500 fruit, salad and vegetable products in a bid to help customers reduce food waste.
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Opinion‘Beset by issues, does the Co-op face a blip or a full-blown crisis?’
C-store specialist the Co-op has spoken recently of the need to make its business more efficient and cost-effective in the short term in light of spiralling costs.
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NewsAsda, Asos and Boohoo face CMA probe into ‘green’ claims
The Competition and Markets Authority (CMA) is to investigate the sustainability credentials of online fashion specialists Asos and Boohoo, along with Asda’s George clothing division.
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NewsShop vacancies fall for third quarter in a row
The national store vacancy rate has improved for the third quarter in a row but is still above the pre-pandemic level.
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NewsAmazon posts loss as ecommerce comes under pressure
Amazon has reported a second consecutive quarterly loss, but sales beat expectations despite its online retail business declining.
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DataRanking: Aldi and Pets at Home top list of retail’s best frontline wages
Aldi announced this week that it was hiking its staff pay for the second time this year, reclaiming its position as the UK’s highest paying supermarket – but how does it compare to the rest of retail?
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NewsPrimark freezes essential kidswear prices to help with rising cost of living
Primark has pledged to freeze the prices of more than a thousand items in its children’s clothing range
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NewsHotel Chocolat’s Japan venture reaches melting point
Hotel Chocolat’s Japanese joint venture has entered into “civil rehabilitation”.
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NewsM&S prepares for battle with heritage groups over Marble Arch redevelopment
A group of campaigners has launched crowd-funding to argue against M&S’ Marble Arch redevelopment plans.
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NewsFrasers adds I Saw It First to fast fashion roster
Frasers Group has acquired fast fashion brand I Saw It First.
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Retail VoiceThe secret to growth? Make your EX more like your CX
As retailers, we think about the customer first. But it’s not just about the customer. If the employee experience (EX) is not a top priority, it should be, says Workday’s Laurent Homeyer
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DataRanking: The top 20 retailers to work for in the UK in 2022, according to employees
Recipe box subscription business Mindful Chef, which focuses on healthy eating, has emerged as the top retailer to work for in the UK, according to employee reviews.
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NewsMusic Magpie is ‘recession-resistant’, says boss Steve Oliver
Music Magpie founder and chief executive Steve Oliver believes the business is well suited to weather the current economic storm.
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NewsShopify lays off one in 10 employees as bet on post-pandemic growth backfires
Canadian ecommerce firm Shopify is set to lay off approximately 1,000 employees after founder and CEO Tobi Lütke said the business made the ‘wrong’ bet on the long-term growth of online retail post-pandemic.
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NewsTHG and Softbank scrap $1.6bn investment deal
A call option agreement for a division of Japanese investment titan Softbank to acquire a $1.6bn (£1.3bn) stake in THG’s Ingenuity division has been terminated.