More on Me + Em – Page 501
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Opinion‘JLP and Morrisons’ green and community drives provide platform to rebuild’
One would be forgiven for thinking British business was on the brink of collapse amid some of the headlines this morning.
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AnalysisAnalysis: How Morrisons blazed a grocery trail through the Covid crisis
Morrisons’ profits might have fallen over the past year, but the grocer’s chief executive David Potts painted a picture of a business that has used a period of unparallelled upheaval to readjust its priorities for the future.
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AnalysisIs John Lewis at risk of becoming a ‘middle-class Argos’?
John Lewis Partnership’s first full-year loss in its history revealed the scale of disruption affecting the retailer, particularly its eponymous department store division.
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NewsBrexit: UK delays border checks on EU products for six months
The UK has delayed bringing in checks on EU goods coming into Britain by six months to give businesses more time to prepare.
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NewsJohn Lewis swings into the red with permanent store closures imminent
John Lewis has reported a sharp decline in profits during the pandemic, meaning chair Sharon White “does not expect to reopen all John Lewis shops at the end of lockdown”.
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NewsMorrisons sales rise but profits battered by relief repayment
Morrisons has recorded an uptick in like-for-like sales during the year where the grocer’s “resilience has been severely tested”.
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NewsMarks & Spencer reveals line-up for ‘Brands at M&S’ online fashion push
Marks & Spencer has unveiled an array of third-party fashion brands that will be sold through its website to accelerate online appeal.
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DataTransform or die: 1,000 consumers on the future of the high street
The future of UK high streets is at stake as the country emerges from the grips of the pandemic, but it’s important to understand what the consumer wants from it if they are to return in greater numbers. Read Retail Week’s High Street Rebooted report to find out what 1,000 UK consumers said
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DataData: Four charts that lay bare Inditex’s ‘challenging’ year
In a tumultuous year for fashion retail, global powerhouse Inditex has been battered by store closures and restrictions. Retail Week examines the key charts that tell the story of the fashion giant’s pandemic performance – and why chief executive Pablo Isla is positive about the future
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NewsCommercial evictions ban extended until end of June
The government has extended the commercial evictions moratorium until the end of June, in a move that will bring relief to struggling high street retail and hospitality businesses.
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NewsNext takes stake in Reiss in new strategic partnership
Next and Reiss have agreed on a long-term strategic partnership whereby Next will take a 25% equity stake in the fashion brand.
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NewsZara owner Inditex posts sales and profit fall in ‘challenging year’
Fashion giant Inditex’s executive chair Pablo Isla said the business has “emerged stronger” from the coronavirus pandemic despite suffering a slump in full-year profits.
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NewsFrasers Group’s Evans Cycles to axe 300 jobs in cost-cutting drive
The Mike Ashley-owned Evans Cycles is cutting 300 jobs and moving the remainder of its staff to zero-hours contracts in a bid to cut costs.
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AnalysisThe Boardroom Briefing: Shopfloor pay – keeping up with the competition
The Boardroom Briefing dissects the big issues on the agenda in retail’s boardrooms and gives a concise summary of what the c-suite needs to know. This month we look at shopfloor pay following a series of hourly hikes by the grocers. Should your business follow suit?
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NewsMarks & Spencer to downsize Marble Arch flagship with office redevelopment
Marks & Spencer aims to cut back retail space at its flagship Marble Arch store on Oxford Street in a redevelopment creating offices on upper floors.
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NewsKingfisher rolls out plans for B&Q stores in Middle East
Kingfisher has announced plans to open B&Q franchised stores in the Middle East starting with two in Saudi Arabia.
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AnalysisCo-op and One Stop reveal investment in payment tech has transformed CX
An expert panel also warns retailers must be ready to comply with anti-fraud measures that come into effect this year, take advantage of powerful new Wi-Fi tech and find a way to reduce contactless payment losses that are costing millions. Register to watch here.
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AnalysisSuper-deduction: what it is and the retailers that could benefit
As part of the Budget last week, chancellor Rishi Sunak unveiled a ’super-deduction’ allowance to provide relief for certain businesses – but what does it mean for retail?