All Retail Week articles in September 2022 – Page 3
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NewsJohn Lewis, Primark, Aldi to shut stores all day for Queen’s funeral, others likely to follow
Leading retailers will close stores for the day on September 19 when Queen Elizabeth II’s funeral will be held
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NewsHotel Chocolat closes US website as it pulls out of country to focus on UK
Hotel Chocolat has closed its US website months after closing stores in the region to focus instead on its home market
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NewsOcado warns on profits as cash-strapped shoppers cut back spending
Ocado has reported an uplift in third-quarter sales and customer numbers, but says inflationary pressures have reduced its average basket size as shoppers prioritise value for money.
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NewsAldi leapfrogs Morrisons for first time as big four supermarket era ends
The era of the traditional big four supermarkets has come to an end with Aldi overtaking Morrisons in terms of grocery market share for the first time.
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NewsSainsbury’s ploughs £20m into ‘unprecedented’ autumn pay rise as cost of living mounts
Sainsbury’s is putting £20m into a fresh pay rise for staff “to support them with rising household costs”.
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AnalysisBig four no more: What next for UK grocery as Aldi overtakes Morrisons?
After years of incremental growth, Aldi has finally overtaken Morrisons in UK grocery market share and ended decades of the ‘big four’. What does this seismic moment mean for grocery in the long term?
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NewsNext pulls out of Joules takeover talks as founder Tom Joule returns
Joules has confirmed that discussions with Next to take an equity stake in its business have come to an end.
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NewsDunelm pledges to ‘make every pound count’ as profits and sales climb
Dunelm has recorded an uplift in both profits and sales, gaining market share from homewares competitors.
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NewsInditex sales reach ‘historic high’ as it expands store estate worldwide
Inditex, the owner of brands including Zara, has registered record sales with positive numbers across all countries in which it operates.
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NewsAmazon to halt deliveries as retail shuts down for Queen’s funeral
Amazon has confirmed that all deliveries to customers will be paused for the duration of the Queen’s funeral on September 19.
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Retail VoiceHow retailers can emerge strongly and gain market share
With consumers changing their spending habits, what should retailers be doing to retain, or even grow, market share, asks OC&C’s James George
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Opinion‘Even the most security-savvy retailers are attractive targets for cybercrime’
In a digital-first environment, retailers cannot afford to overlook any kind of cyber threat, says AlixPartners managing director Brian Kalms
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NewsTHG appoints new non-executive directors as losses deepen
THG has drafted in new non-executive directors (NEDs) to improve its ongoing corporate governance issues as its operating losses widened and its profits more than halved.
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NewsWickes profits slip but full-year guidance remains unchanged
Wickes adjusted profits have slipped despite a marginal increase in sales, although the retailer’s full-year guidance remains unchanged.
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NewsDFS profits plummet as supply chain issues and inflation take toll
DFS profits have plummeted as the retailer blamed supply chain issues, double-digit inflation and staff shortages for the slump.
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NewsJohn Lewis unveils one-off cost-of-living payment as losses widen
The John Lewis Partnership has authorised a one-off cost-of-living payment bonus and free food over the winter for staff as its losses deepen.
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AnalysisShrinking baskets and soaring costs: John Lewis pins hopes on a Christmas miracle
The John Lewis Partnership, like all of retail, faces yet another volatile and uncertain Christmas trading period.
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AnalysisStrategy spotlight: Five things to know about Currys as it transforms to navigate the cost-of-living crisis
Chief executive Alex Baldock is pushing ahead with a transformation plan for Currys, which focuses on leveraging omnichannel and credit, and more recently addresses inflation and the rising cost of living.
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NewsTroubled Naked Wines parachutes founder Gormley in as adviser
Naked Wines has appointed founder Rowan Gormley, former chief executive and still a “material” shareholder, as a board adviser as it reviews its business.
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DataRetail sales volumes slide as cost of living bites
Year on year retail sales rose by value but plunged by volume last month as the cost of living climbed, official figures reveal.