More on Me + Em – Page 629
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NewsRishi Sunak appointed chancellor as Javid resigns
Chancellor of the Exchequer Sajid Javid has resigned and been replaced by the former chief secretary to the Treasury as part of today’s cabinet reshuffle.
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NewsCBD products could be removed from shelves within a year
Retailers stocking any products containing cannabis extract cannabidiol (CBD) face the prospect of having them taken off the shelves within a year if they don’t gain regulatory approval.
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NewsWestfield owner ramps up disposals programme as UK income falls
Shopping centre landlord Unibail-Rodamco-Westfield has scaled back its development pipeline and ramped up its disposal programme as net rental income fell across its UK centres last year.
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AnalysisWhat impact has 'game-changing' M&S-Microsoft tie-up had?
M&S unveiled its “game-changing” tech partnership with Microsoft 20 months ago. What impact has it had so far?
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NewsRetailers write to chancellor over £500m transitional relief loss
Chief executives from more than 50 retailers have written to the chancellor calling for action on business rates reform, after it emerged that over £500m has been lost in transitional relief since 2017.
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NewsAsda and Greggs join forces on shop-in-shop partnership
Asda and Greggs have launched a concession partnership as the supermarket giant expands its food-to-go proposition.
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NewsMajestic Wine poaches new finance director from Oasis
Majestic Wine has poached its new chief financial officer from fashion retailer Oasis, as it looks to establish itself as an independent business under the ownership of a private equity firm.
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NewsCoronavirus: Delays to UK retail supply chains but no panic yet
As workers in China begin returning to work after the coronavirus-extended Lunar New Year break, experts are predicting modest supply chain delays but say there is no cause for retailer panic.
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NewsDunelm posts ‘significant’ interim profit and sales growth
Dunelm has recorded a strong uplift in profits at the half-year mark as the retailer says its preliminary results will be “slightly ahead” of analyst expectations.
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GalleryStore gallery: Sainsbury’s opens first ‘food on the go’ store
Sainsbury’s has lifted the lid on its first ‘food on the go’ store at London’s Mansion House.
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GalleryStore gallery: The rise of fashion rental at Liberty and Selfridges
Luxury fashion rental platforms Hurr and My Wardrobe HQ both unveiled pop-ups in two of the most famous department stores in London.
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AnalysisAnalysis: Will 2020 be Ocado’s year?
Despite presenting a set of financial results that showed spiralling losses before tax and a significant dip in EBITDA, Ocado’s chiefs are convinced 2020 will be the year its investment in technology is vindicated. Retail Week looks at whether their optimism is justified.
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OpinionOpinion: Home truths from new John Lewis chair show scale of challenge
Dame Sharon White acquitted herself well at her first appearance before the John Lewis Partnership’s council last week.
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NewsIntu £1bn deal with Hong Kong-based investor falls through
Embattled institutional landlord Intu has confirmed that discussions over an emergency recapitalisation with a Hong Kong-based investment fund have fallen through.
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NewsMatchesfashion poaches Amazon exec Kavan as new boss
Matchesfashion has poached Amazon executive Ajay Kavan to take the reins as its new boss.
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NewsNew Look cuts quarterly losses with ‘robust’ performance
Fashion retailer New Look reduced losses in its third quarter, helped by cost control and lower markdown activity.
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NewsJD Sports condemns ‘fundamentally flawed’ CMA decision on Footasylum
JD Sports executive chairman Peter Cowgill has lambasted the competition regulator’s provisional findings on the retailer’s acquisition of Footasylum.
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NewsMarks & Spencer turns to Greencore for new finance chief
Marks & Spencer has appointed Eoin Tonge as chief financial officer. Tonge joins from food group Greencore where he held the same role and replaces Humphrey Singer who left at the end of last year.
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NewsOcado posts full-year earnings fall as sales surge
Online retailer and tech platform Ocado has reported a slide in full-year earnings, affected by factors such as the fire last year at its Andover depot.
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OpinionOpinion: Far from terminal decline, the physical store is entering a new age
Despite countless headlines to the contrary, the physical store is far from dead. In fact, in many places, it’s thriving.