More on Me + Em – Page 406
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NewsAshley slams ‘unfit for purpose’ UK corporate governance after Studio acquisition
Frasers Group boss Mike Ashley has lashed out at both the previous management of Studio and the UK’s corporate governance regime after saving the floundering fashion retailer.
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DataData: Four out of five consumers mull switching to discounters as cost of living soars
A new survey has found that four out of five UK consumers are considering switching to value or discount retailers due to the growing cost-of-living crunch.
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NewsFarfetch records full-year sales surge and profit growth
Farfetch chief executive José Neves hailed the luxury fashion etailer’s “strong momentum” as the business delivered strong fourth-quarter and full-year sales growth.
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NewsJohn Lewis retires Never Knowingly Undersold as it invests £500m in price
John Lewis will remove its Never Knowingly Undersold pledge this summer as executive director Pippa Wicks says the promise “doesn’t fit with how customers shop today”.
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AnalysisProfile: Pets at Home’s new top dog Lyssa McGowan
Pets at Home’s new chief executive appointment came as a shock as she was a name few in the sector were familiar with. What could Lyssa McGowan bring to the role to drive the business to the next level?
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DataData: Consumer confidence hits lowest point in a year as price rise fears grow
Consumer confidence has dropped to its lowest point since January 2021, one of the worst months of the pandemic.
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NewsLondon businesses unveil multibillion West End regeneration plan
The Heart of London Business Alliance (HOLBA) has unveiled its West End 2027 plan to rejuvenate the capital’s premier shopping district.
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NewsUpdated: Frasers buys Studio Retail out of administration
Mike Ashley’s Frasers Group has bought Studio Retail out of administration for £26.8m, saving 1,500 jobs.
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NewsStudio formally calls in administrators following cash call crisis
Online retailer Studio has formally drafted in administrators after signalling the likelihood of collapse earlier this month.
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NewsBids for health and beauty giant Boots expected today
Indicative bids for health and beauty giant Boots are expected to be submitted today, it is understood.
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Opinion‘UK retailers could follow US as ghost kitchens swoop into supermarkets’
Ghost kitchens are becoming an increasing part of the food retail landscape as grocers and restaurants compete for stomach share. Innovations in the US, from TikTok to Kroger, may inspire similar initiatives in the UK, says George MacDonald
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Retail VoiceWhy FMCG brands want to invest in in-store retail media
Retail media will be one of the biggest growth areas over the next few years, so what should grocers be doing now to harness their FMCG suppliers’ sizable brand marketing budget?
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GalleryStore gallery: Ikea launches £1bn investment in London with pioneering Hammersmith shop
Ikea has opened a first-of-it-kind small-format store in the UK in Hammersmith, west London.
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NewsMarks & Spencer launches tie-up with beauty brand Clinique
Marks & Spencer has partnered with Clinique to sell its beauty and skincare products both in-store and online.
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NewsH&M launches STEM programme to drive ‘sustainability and style’
H&M has partnered with charity Stemettes to encourage women and non-binary people to get into roles in STEM (science, technology, engineering and maths).
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NewsTed Baker eyes new UK store locations as sales rise
Ted Baker has reported accelerating sales, despite the impacts of the Omicron variant over the festive season.
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AnalysisAnalysis: Flash in the pan or permanent shift – which pandemic trends will outlast Covid?
Retail Week looks at the key trends that have dominated during the pandemic to see which consumer behaviours are here to stay.
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NewsMonsoon Accessorize goes ‘back to origins’ as it returns to profit post-administration
Monsoon Accessorize has returned to profit, as its turnaround strategy following administration in 2020 bore fruit.
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NewsBoots to sell lateral flow tests for £5.99 after government scraps free testing
Boots will begin selling single lateral flow tests to customers from £5.99 from February 23, after the government announced it was scrapping free testing.
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NewsIceland expands Uber Eats partnership
Following a trial period, Iceland has signed a partnership deal with Uber Eats with plans to increase the number of its stores available on the app.