More on Me + Em – Page 341
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AnalysisHow inclusive is your culture really? Learning from M&S, The Very Group and Superdrug
Discover how leading retailers and organisations are advancing inclusion and championing equity, and what you can do to follow in their footsteps. Be Inspired’s new report reveals all.
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AnalysisAnalysis: Summer staycation boom means sun can shine on retail sales
With the removal of Portugal from the government’s green travel list, Retail Week analyses just how big a boost this could be for UK retail
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NewsCBI urges government to extend support for businesses struggling to pay rent
The Confederation of British Industry (CBI) has urged the government to extend the moratorium on commercial evictions for businesses below 30% of normal levels.
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NewsTesco faces £2.5bn bill after staff win equal pay dispute
Grocery giant Tesco is facing the prospect of a £2.5bn bill after the European Court of Justice backed thousands of current and former shopfloor workers in a mammoth equal pay lawsuit.
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OpinionMove of the Week: John Lewis fills gaps at the top to face post-Covid balancing act
I’ve noted before how the leadership teams that took retailers into the pandemic will not be the same as those that lead their recovery. This is especially true of retailers most disrupted by Covid-19 – specifically those whose heritage is in stores and who sell discretionary items likes homewares and fashion.
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DataData: The brands getting their Instagram strategy right – and wrong
Turning likes into like-for-like growth
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Future LeadersRetail’s real role models: Tesco’s Emma Swail on challenging workplace biases
Tesco’s head of security operations has faced bias in her career, but says being true to herself and her values has enabled her to overcome. In this exclusive video ahead of the Be Inspired virtual conference, in association with The Gap Partnership, Swail discusses leading an operation “bigger than the London Olympics” during the pandemic, why “retail is much more than putting beans on a shelf” and why her D&I utopia is a world where we no longer have to talk about inclusivity.
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AnalysisAnalysis: Etsy’s Depop deal is a big bet that retail has changed forever
News broke this week that online marketplace Etsy has bought second-hand fashion app Depop for $1.6bn, but what does the deal mean for both businesses?
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DataData: The future of Asos and Boohoo
Asos and Boohoo are amongst the largest names in online fashion, and both outperformed competitors to achieve strong growth through an extremely tough period that was initially described as “a real existential crisis for the fashion industry”.
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NewsB&M profits more than double as sales climb in ‘exceptional’ year
B&M has delivered rocketing full-year profits and a surge in sales as boss Simon Arora says the retailer’s store network and value offer will hold it in good stead for strong trading post-lockdown.
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Future LeadersRetail’s real role models: Sainsbury’s Raj Patel on the journey from McDonald’s
When Raj Patel came to the UK from India 16 years ago he couldn’t speak English. Today, he is responsible for managing Sainsbury’s and Argos stores in the North. In this exclusive video, created for the Be Inspired virtual conference in association with The Gap Partnership, Patel shares how he used a growth mindset, combined with a network of great mentors including Tony Hoggett, to achieve his career goals and help promote his direct reports in the process.
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GalleryExclusive first look: M&S unveils most digital store yet
Marks & Spencer’s Stuart Machin shows Retail Week the business’ newly expanded Solihull store, which incorporates enhanced digital features including a modernised eaterie
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DataData: Amazon to topple Tesco as UK’s largest retailer by 2025
Amazon will leapfrog Tesco to become the UK’s biggest retailer within the next four years, new forecasts suggest.
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NewsEtsy buys Depop for $1.6bn in bid to attract Gen Z shoppers
Online marketplace Etsy has acquired resale platform Depop for £1.13bn.
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NewsRetail price rises loom as food and shipping costs climb
Retail price rises are looming as industry costs rise and demand increases following pandemic and supply chain disruption.
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NewsWickes hails strength of showrooms as sales exceed expectations
Wickes has reported that it expects full-year profits to be at the top end of expectations as kitchen and bathroom orders boom.
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NewsKingfisher signs credit deal linked to sustainability targets
Kingfisher has announced a new revolving credit facility conditioned to its ambitious sustainable and community-based targets.