More on Me + Em – Page 602
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AnalysisAnalysis: Will Dixons Carphone’s ShopLive be retail’s answer to Zoom?
As people spend more time at home during the coronavirus lockdown, digital technology has taken on a central role in life, whether video conferencing with colleagues or shopping online.
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NewsThe Hut Group to launch ‘THG Air’ to bolster international operations
The Hut Group has bought two cargo planes with plans to launch an air freight service later this year to better facilitate its global distribution networks.
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NewsTK Maxx restarts online trading with ‘significant’ safety measures
Discount variety retailer TK Maxx has relaunched its online business more than two weeks after it stopped taking orders having made “significant changes” to operate safely.
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NewsWilko profits and sales fall in ‘incredibly difficult’ year
Wilko has reported a slide in full-year pre-tax profits and a fall in sales, which it attributed to the “challenging” UK retail environment, Retail Week can reveal.
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NewsJohn Lewis considers permanently closing some stores after lockdown
The chair of John Lewis has admitted the retailer may permanently close some of its department stores, even after the coronavirus lockdown ends.
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NewsM&S bolsters non-exec team with two new appointments
Marks & Spencer has added former Saatchi and Saatch chief executive Tamara Ingram and Compass executive director Sapna Sood to its non-executive board.
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NewsIntu could lose control of key shopping centres
Bondholders of debt secured against retail property giant Intu are preparing plans that could see them seize the retailer’s key assets as early as June.
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NewsSainsbury’s full-year profits dip, coronavirus prompts grocery sales surge
Sainsbury’s has reported a decline in underlying full-year profits as it plans to incur £500m in additional costs due to coronavirus in the coming financial year.
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AnalysisDispatch: Russia’s Wildberries on the coronavirus online shopping boom
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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AnalysisCoronavirus: Next’s Lord Wolfson on cash, customers and trading safely
As fashion bellwether Next reports a “faster and steeper” fall in sales in the wake of the coronavirus outbreak than expected, how is the retailer adapting to tough conditions afflicting the whole industry?
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VideoFace time: Dreams boss Mike Logue on Covid-19 triggering digital investment
Dreams chief executive Mike Logue talks about moving from two-man to two-van delivery, repurposing its factory to produce PPE and other operational changes brought on by coronavirus in recent weeks.
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NewsHomebase to reopen 50 more stores after ‘successful trial’
Homebase is set to reopen a further 50 stores across the UK from today, following the “successful trial” reopening of 20 shops.
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NewsWaitrose appoints former Sainsbury’s executive as new food boss
Waitrose has appointed a former Sainsbury’s executive to head up its food operation and steer it through the ongoing coronavirus crisis.
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NewsDixons Carphone hails strength of online channel as it cancels dividend
Dixons Carphone has said its ecommerce channels in the UK and Ireland have recovered around two-thirds of sales lost to store closures as it cancelled its full-year dividend for shareholders.
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NewsNext warns sales fall during coronavirus ‘faster and steeper’ than anticipated
Next has issued a lengthy trading update warning that the fall in sales as a result of the coronavirus has been “faster and steeper” than it anticipated in March.
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AnalysisAnalysis: How home and DIY retailers can nail lockdown challenges
As government regulations keep the UK housebound, many consumers have taken the opportunity to use their extra time and extra cash to improve their lockdown locations, giving the home and DIY sector a boost
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NewsBRC names Tony DeNunzio as chair to succeed Richard Pennycook
The British Retail Consortium has appointed former Asda boss Tony DeNunzio as its new chair to succeed Richard Pennycook.
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Retail VoiceTime to take stock of your digital marketing strategy
The effect of Covid-19 on consumer confidence has been dramatic – and new research from Mapp suggests it will be felt for some time to come.
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NewsCoronavirus: Shop prices plummet at sharpest rate since 2017
Shop prices fell in April at their steepest rate in over three years, exacerbated by non-food, as retailers grappled with the impact of economic uncertainty on consumer confidence and discretionary spending triggered by coronavirus.
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NewsCoronavirus: Online grocery shopping to receive huge boost this year due to lockdown
As a result of the ongoing coronavirus pandemic online grocery shopping is expected to grow by more than 30%, according to new research.