More on Me + Em – Page 488
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DataData: Footfall soars after reopening but recovery lags behind pre-pandemic
Figures from both Springboard and the BRC show strong footfall recovery since non-essential stores reopened in April but the numbers are still down on pre-pandemic levels.
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AnalysisAnalysis: What Next’s growth trajectory means for fashion retail
As Next continues to surpass even its own expectations despite the impacts of the pandemic, what does its trajectory mean for the rest of fashion retail?
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Opinion‘Green is the colour of money as eco credentials shape financier sentiment’
Sustainability has been climbing up the retail industry’s agenda for years and a raft of recent financing deals shows it has now well and truly taken centre stage.
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NewsSainsbury’s hires ex-John Lewis boss Paula Nickolds to run GM and clothing
Sainsbury’s has appointed former John Lewis managing director Paula Nickolds to head up its clothing and general merchandise business.
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NewsZalando upgrades outlook for the year following ‘standout’ first quarter
German pureplay giant Zalando has upgraded its outlook for the 2021 financial year following what it called a “standout” first quarter.
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NewsSuperdry full-year revenues slump despite improved fourth quarter
Superdry has reported a slump in full-year sales but chief executive Julian Dunkerton says there is “light at the end of the tunnel” for the retailer following an improved fourth quarter.
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NewsNext raises full-year profit guidance after strong first quarter
Fashion giant Next has upgraded its full-year profit guidance following a much stronger than expected performance in the first quarter.
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Opinion‘The crisis has liberated retailers’ decision making’
The last 12 months have been incredibly difficult for the retail industry, but it has been extraordinary to witness how retailers responded to the Covid-19 pandemic.
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Retail VoiceCould stockless stores be the future of the high street?
As retailers learn the lessons of the pandemic, the future could see a dramatic change in the traditional model, with stockless stores as the way forward, argues Alex MacPherson, director of solution consultancy and account management at Manhattan Associates
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AnalysisAnalysis: Five ways Boohoo is building for the future after supply chain scandal
After a stellar year in which the fast fashion etailer reported over £1.7bn in sales, and acquired six well-known brands, Boohoo has unveiled plans to keep its momentum going.
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NewsAsda owners to sell 27 forecourts to smooth competition concerns
Asda’s new owners the Issa brothers have agreed to offload a tranche of EG Group’s petrol forecourts, paving the way for them to formally complete their £6.8bn takeover of the supermarket chain.
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Future Leaders‘We must prioritise the mental health needs of everyone who works in retail’
To mark Mental Health Awareness Week, retailTRUST CEO Chris Brook-Carter says ensuring good mental health for everyone who works in retail has never been more important
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NewsBoohoo profits surge as sales rocket across globe
Boohoo has posted a spike in sales and profits as coronavirus lockdowns across the globe spurred growth in all of its international markets.
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AnalysisDeep dive: Understanding your new target shoppers – their favourite stores revealed
Where and how will the post-pandemic consumer want to shop? Retail Week unpacks the data.
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NewsIkea launches ‘buy back’ initiative as part of sustainability drive
Ikea is set to launch its ‘buy back’ initiative, which allows customers to sell their unwanted furniture back to the retailer.
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NewsCo-op price matches vegan and meat products as part of new climate strategy
The Co-op has price matched all of its plant-based Gro products with their meat equivalents as part of a new ten-point climate change blueprint to be carbon neutral by 2040.
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VideoRetail Question Time with Anna Blackburn and Mike Logue
Following last month’s much-anticipated retail reopening, Beaverbrooks managing director Anna Blackburn and Dreams chief executive Mike Logue discuss trading patterns, how they are preparing their companies for future success and their priorities in the aftermath of the pandemic.
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Retail VoiceThree things the pandemic has taught us about the future retail workforce
The pandemic has changed the course of retail forever. Here are the three key learnings retailers can take from it, says Belinda Deery, chief engagement officer at Kultralab.
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NewsFrasers Group probed by EU tax authorities over VAT bills
Frasers Group is in talks with EU tax authorities over a controversial VAT arrangement that has seen the retailer pay tax on overseas sales in the UK.