All Online retail & ecommerce articles – Page 74
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AnalysisH&M boss Helena Helmersson: Our post-pandemic recovery plan
Fashion giant H&M has been battered by coronavirus, with swathes of its global store estate shut and profits plummeting. Chief executive Helena Helmersson reveals how the group plans to rebound in 2021.
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OpinionLisa Hooker: ‘Long live the store – but it needs to evolve’
It’s a familiar and frightful story: the once-beloved UK high street is in terminal decline. The perfect storm of a global pandemic, online shopping and crippling rents and business rates is set to usher in the end of the physical store.
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AnalysisShein: The rise of China’s $10bn fast-fashion disruptor
Fast-fashion etailer Shein has seemingly appeared out of nowhere to disrupt fashion retail and put itself in the mix to takeover Topshop.
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NewsLidl boss: The costs of going online just don’t add up
Lidl GB boss Christian Härtnagel has ruled out wading into the burgeoning online grocery market as he believes the pandemic has artificially inflated demand and the costs are too high.
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NewsJoules interim sales and profits slip as chief financial officer departs
Fashion retailer Joules has blamed store closures due to coronavirus for falling sales and profits on the day it announced its chief financial officer would be stepping down.
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AnalysisHow Dixons, Joules and Hotel Chocolat’s online prowess saved Christmas
Bricks-and-mortar retailers up and down the country had feared a Christmas washout as the UK veered in and out of lockdowns at the end of 2020.
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AnalysisBoohoo boss: How we will make Debenhams a force to be reckoned with
In news that took the sector by surprise, Boohoo has acquired the intellectual property assets of struggling department store Debenhams for £55m – but what does the fashion etailer plan to do with the business?
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Opinion‘Asos and Boohoo swoops for Topshop and Debs are changing of the guard’
If proof were needed of the scale of change underway in retail, it came this week as pureplays Asos and Boohoo swooped on two of retail’s most venerable high street names.
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NewsAsos could retain Topshop flagship if Arcadia deal goes ahead
Online retailer Asos, which is in exclusive talks to buy Arcadia brands, is interested in retaining the flagship Topshop store on Oxford Street.
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NewsBoohoo acquires Debenhams brand and website
Boohoo has acquired Debenhams’ brand and website for £55m in what executive chair and co-founder Mahmud Kamani describes as “a transformational deal”.
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AnalysisStrategic report: Lessons from Christmas 2020 to help you win in the year ahead
Lockdown, store closures and bans on large gatherings created what Marks & Spencer boss Steve Rowe termed ”near impossible trading conditions” this golden quarter. Retail Week’s latest report pulls out the trends from this very different Christmas and lessons to help you trade through the most volatile trading conditions ever experienced.
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OpinionJace Tyrrell: ‘Oxford Street will recover, but it needs to evolve to prosper’
Reports of the death of Oxford Street, and the UK high street more generally, have been greatly exaggerated. But to ensure its future, the district must look to diversify its retail offering in order to truly thrive.
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DataData: The 30 happiest places to work in UK retail
Hackett London, Browns and Moonpig have the happiest workforces of any retailer in the UK, new data has revealed.
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NewsFeelunique hails strong golden quarter as retail and marketplace sales soar
Pureplay cosmetics brand Feelunique has reported strong sales growth across its direct retail and marketplace channels over the Christmas period.
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OpinionHelen Dickinson: ‘Leaders owe their people wellbeing, safety and development’
There are around 3 million people who work in retail. It has always been a people business and people are the lifeblood of our industry.
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AnalysisWill more retailers ditch Oxford Street?
While the famous shopping destination was already facing headwinds, the coronavirus crisis has been a perfect storm for Oxford Street. The question is whether retailers will hang around to pick up the pieces or abandon it altogether.
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VideoWatch: The Entertainer and NOTHS reveal trading trends from a ‘chaotic’ Christmas
Christmas 2020 was the most volatile retail has ever experienced. Leaders from The Entertainer, Notonthehighstreet, Openpay and Braze dissect the trading trends and what they mean for retail in 2021.
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Opinion‘Deliveroo IPO will be a bet on retail’s future direction’
“Shall we get something from Deliveroo tonight?” It’s a familiar conversation on thousands of sofas as locked-down consumers seek treats, convenience and a break from monotony.
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NewsBurberry hails ‘good progress’ as online sales surge over Christmas
Burberry has posted a spike in online sales during the golden quarter as it hailed “good progress” on its transformation strategy.