More online retail – Page 21
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Opinion'Shopify got its online gamble wrong – now the pureplays must spread their bets'
Ecommerce giant Shopify’s decision last month to axe 10% of its workforce turned received retail wisdom firmly on its head.
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AnalysisAnalysis: Five things you need to know about sportswear titan Nike
Earlier this summer, global sportswear goliath Nike unveiled record profits and sales, marking its 50th anniversary year in style
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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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AnalysisAnalysis: Five things you need to know about booze specialist Naked Wines
Naked Wines has virtually doubled in size since selling Majestic just two and a half years ago, but its share price tumbled 40% last month after it warned sales and profits would take a hit this year amid “greater uncertainty” in the economy
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Opinion‘Amazon needs more than a Tesco price match to win grocery market share’
With Amazon launching a Tesco Clubcard Price Match scheme, IGD’s Bryan Roberts examines whether it will be enough to help the online giant regain momentum.
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OpinionBusiness rates and online sales tax – reviews and rows but what hope of a resolution?
As retailers battle the increasing costs of doing business, they still bear one of their longest-suffered and biggest burdens – business rates.
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Opinion‘Next wave of ecommerce goes beyond perfecting online shopping experience’
Despite the stiff economic headwinds, the need to get digital transformation right has never been more important, says AlixPartners managing director Brian Kalms.
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InterviewRenting is the new buying: Hirestreet CEO on creating a supersized shared wardrobe
Looking forward to a summer full of events and weddings, Hirestreet boss Isabella West explains how the industry can move the dial and put rental firmly in fashion
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Opinion‘Avalanche of returns is dragging down profits in an industry living on thin margins’
Retailers are adopting a variety of measures to try to soothe the growing returns headache. Alvarez & Marsal’s head of retail Erin Brookes looks at how the challenge is being addressed
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Opinion‘CMA will act to protect shoppers from price fixing’
The Competition and Markets Authority receives more complaints about price fixing than any other infringement of competition law, says its senior director of antitrust Ann Pope – and it will not hesitate to clamp down on offenders
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InterviewThe Amazon of washing machines: How Marks Electrical is taking on the titans
In a volatile and inflationary electricals market, Marks Electrical has bucked sector trends by growing both sales and market share. Retail Week speaks to chief executive Mark Smithson about how his business is outcompeting its more established rivals
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DataPost-pandemic spending bubble bursts as shoppers rein in spending
Retail sales fell last month as consumers’ disposable income came under increased pressure, signalling an end to the post-pandemic boom enjoyed by some retailers.
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AnalysisMissguided acquisition: Is Murray’s first Frasers move a misstep or masterful?
After months of twists and turns, Frasers Group and its chief executive Michael Murray swooped in to snap up Missguided out of administration. With his first move to reappoint founder and chief executive Nitin Passi, can this new dream team turn things around?
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AnalysisAlex Russo: The man stepping into some of retail’s biggest shoes as B&M boss
Taking the helm of a business from an entrepreneurial founder is often a challenge. On top of that, new B&M chief executive Alex Russo is facing volatile market conditions that already mean profits this year are likely to be below last.
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Opinion‘Make no mistake – quick commerce is not going anywhere’
Even before the pandemic, grocery shopping was ripe for disruption and q-commerce is here to stay, argues Edge by Ascential’s Xian Wang
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Opinion‘Asos’ chair has taken on a second retail giant, but when will it find its new CEO?’
Asos and Asda’s difficulties in finding new chief executives reflect a bigger problem in retail’s battle to secure top talent, writes Rosie Shepard
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Opinion‘Retail hardly features in the levelling-up debate – that’s a mistake’
Small, entrepreneurial retailers can be the drivers of redistributing wealth and opportunity across the UK, believes eBay UK general manager Murray Lambell.
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Opinion‘A huge change is coming to online retail – are you ready for it?’
An update to Google Analytics is likely to transform how business performance is reported and how retailers resources are allocated, cautions Good Growth co-founder and chief executive James Hammersley
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Opinion‘Younger people – your future consumers – now as likely to enjoy shopping in-store as online’
Digital natives are now less wowed by the capabilities of online and will drive the future of stores, says PwC UK industry leader for consumer markets Lisa Hooker
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Opinion‘Paltry demand shows rapid delivery may not outlast the pandemic’
Q-commerce was a lifeline for customers and attracted billions from investors during the pandemic, but there are already signs that the delivery app gold rush is slowing down.