More online retail – Page 6
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Interview
Q&A: Vinted marketplace CEO Adam Jay on the future of second-hand fashion
Retail Week spoke to Vinted marketplace chief executive Adam Jay about the platform’s expansion plans, resale market challenges, the importance of having no selling fees and how second-hand fashion will shape the future
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Analysis
Strategy spotlight: Five ways Ikea will drive long-term success in the UK
As the long-awaited Ikea store in Oxford Circus is set to open later this year, what can we expect from the Swedish retailer?
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Interview
Q&A: Cotswold Company CEO Ralph Tucker on repair shops, store openings and the four-day week
Tucker took on his first CEO gig at premium home and furniture retailer Cotswold Company just four weeks before the pandemic hit and has steered it through several crises since
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Opinion
‘Retailers using personalisation for a quick buck will end up on wrong side of customers’
Retailers need to think about how personalisation strategies fit with building and retaining customer trust, historically the most important determinant of lifetime value, maintains OC&C’s Matt Coode
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Data
UK retail sales given Mother’s Day boost
UK retail sales rose in March due to consumers shopping for Mother’s Day.
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Opinion
‘It's not a matter of when a cyberattack happens, but how much damage it causes’
Cybersecurity breaches can result in huge, sometimes irrecoverable, reputational damage. Without proper response and recovery plans, a company’s chance of survival is lower, warns AlixPartners’ Brian Kalms
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Analysis
Strategy spotlight: How Flying Tiger Copenhagen is succeeding despite cost-of-living crisis
Despite operating in an extremely discretionary market during an unprecedented cost-of-living crisis, specialist retailer Flying Tiger Copenhagen continues to succeed. What makes it stand out from the field, and what’s next for the Danish brand?
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Opinion
‘As Shein ponders IPO, is the “next Shein” already coming up the inside track?’
A Shein IPO would be testament to a retailer built at warp speed to gargantuan scale, but in current conditions investors may question how strong its prospects are as established digital giants retrench and new competitors emerge.
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Analysis
Lord Wolfson poses ‘the big question’ for Next’s long-term future
Next chief executive Lord Wolfson this week asked the provocative question of whether the business should now be seen as mature or if it still has strong growth prospects. Here are the takeaways from the bellwether retailer’s full-year results
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Analysis
New data shows Sosandar, Loaf and Beauty Pie smashed FY21 ecommerce growth
An additional ranking compiled by analysts in Retail Week’s latest report reveals the UK retailers that achieved the highest online sales growth for FY2021 – and features some surprising names
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Analysis
Strategy spotlight: Can Boots win on the health and beauty battleground?
UK pharmacy and beauty chain Boots is being squeezed from all sides of the beauty battleground and this week’s opening of trendy global beauty retailer Sephora’s first UK store will apply extra pressure.
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Data
Online sales show no signs of improvement as decline deepens
Online UK retail sales recorded another decline in revenue in February as sales fell month on month.
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Data
Ranking: Meet the 30 UK retailers forecast to dominate ecommerce
A new report draws on exclusive Retail Week analyst data to rank the country’s most successful ecommerce retailers by FY2022 predicted online sales. Discover who they are, how they’re winning and the strategies to follow their lead
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Opinion
‘From automation to home working, Sainsbury’s changes highlight forces shaping retail’
Sainsbury’s disclosure this week of a raft of business changes affecting its Argos general merchandise division, and putting at risk 1,400 jobs, crystallised some big retail themes of the moment.
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Analysis
As Ocado banks on international tech success, is this as good as it gets at home?
After Ocado swung to a £500m annual loss, any momentum it built up over the last few years has all but vanished.
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Analysis
Can Shein maintain its upward trajectory and succeed where others have failed?
As Shein predicts its annual revenue will more than double to reach almost $60bn (£49.8bn) by 2025, and forecasts it will overtake the combined annual sales of both Inditex and H&M, it is clear the retailer is making waves within the fashion industry.
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Analysis
How homegrown sportswear brand Castore plans to take on the global giants
Manchester-based sportswear brand Castore has been growing persistently since its launch in 2015. With talks ongoing with lenders over raising a further $200m, Retail Week analyses how it is looking to take on some of the biggest names in sportswear
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Analysis
How Dunelm is making itself at home in a volatile market
Homeware and furniture retailer Dunelm’s total sales are 43% higher than they were pre-pandemic in the first half of 2020. So what is it doing to deliver growth when its rivals have struggled?
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Opinion
‘As margin pressure builds, retail media businesses offer chance to drive high returns’
Retail media networks are one of the fastest growing media sectors in Europe and offer a significant opportunity, say McKinsey’s Anita Balchandani and Craig Macdonald
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Analysis
Strategy spotlight: What’s on the to-do list for Primark’s new advisory board?
Primark wants more out of digital, and validity for its fast-fashion model, so our Prospect analysts have examined some of the steps it is taking to secure ongoing growth as sustainability climbs up the consumer agenda and the cost-of-living crisis continues to bite.