All articles by Rosie Shepard – Page 40
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News
AO.com full-year profits up by half as sales climb
AO.com recorded a strong increase in its full-year profits and sales, but chief executive John Roberts says the retailer “must cement that change” driven by online shopping habits amid the coronavirus pandemic.
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News
Ocado investments hit half-year profits as sales jump
Ocado’s half-year profits have declined, as chief executive Tim Steiner plans to invest more in innovation “taking advantage of a scale of opportunity that we have never seen before” in online grocery.
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News
June retail sales and customer spend show green shoots of recovery
In June, retail sales registered the first increase since lockdown began with the highest rate of growth since May 2018, but BRC chief executive Helen Dickinson warned retail is not out of the woods yet.
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Analysis
Week four of trading post-lockdown – what you need to know
Footfall more than doubled week on week in the fourth week of trading since lockdown restrictions were lifted, buoyed by the reopening of the hospitality sector.
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News
Clarks moves step closer to minority stake sale with investors
Struggling family-run shoe chain Clarks has seen interest from multiple parties to help inject cash into the business.
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Gallery
In pictures: Harrods’ new concept Outlet store at Westfield London
To help clear excess stock that could not be sold due to the coronavirus pandemic, Harrods has launched its first outlet store in Westfield London.
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Gallery
Store gallery: Nike opens tech-driven Rise concept store in China
Nike’s latest concept store opened in Guangzhou, China, this week using a “member-first” approach to bring a host of new tech features to customers.
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Analysis
Lessons in loyalty: how retail’s seven best schemes deliver results
As Marks & Spencer relaunches Sparks this week, Retail Week reviews some of the top loyalty schemes around the world and pulls out lessons on what works in loyalty today
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Analysis
Week three of trading post-lockdown – what you need to know
With all retail stores across the UK permitted to reopen from June 29, footfall improved week on week in almost all shopping destinations in week three.
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News
Top investors pledge to engage with Boohoo on modern slavery claims
Two of Boohoo’s biggest investors have promised to engage with the online fashion giant over allegations of modern slavery at Leicester clothing factories.
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Analysis
Analysis: Lessons from Leicester on how retail should prepare for local lockdowns
With the prospect of more local lockdowns on the cards, Retail Week explores how retailers can manage and plan for an uncertain future.
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Gallery
In pictures: The retailers opening new stores in lockdown
While many retailers have tightened their belts to counter the impact of the coronavirus pandemic, some have used the time to launch new concept stores to expand their reach.
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News
Topps Tiles sales slide but hails ‘resilience’ as stores reopen
Topps Tiles sales slid during its third quarter as the pandemic hammered its top line.
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News
Arcadia to cut 500 head office roles in post-coronavirus restructuring
Arcadia plans to cut a fifth of its head office staff in a bid to cut costs following the coronavirus pandemic.
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Analysis
How to make stores safe post-lockdown – and not kill the shopping experience
Since the coronavirus pandemic, socially distanced shopping is a necessity. But how can stores operate safely without impinging on experience?
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News
Shop prices fall in June as coronavirus hammers sales
Shop prices fell for the 13th consecutive month in June as retailers discounted swathes of products amid the coronavirus crisis.
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News
TM Lewin shutters stores after tumbling into administration
Shirtmaker TM Lewin is set to close all of its UK stores, putting over 600 jobs at risk, after it fell into administration due to the impact of the Covid-19 pandemic.
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News
Online sales hit record high as lockdown eases
Multichannel retailers led the way as online sales soared in the week beginning June 15, despite stores reopening their doors to the public.
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News
Delivery tax on the cards for online shoppers
Online shopping faces the prospect of a delivery levy to address the environmental impact of fulfilment.
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Analysis
Week two of store trading post-lockdown – what you need to know
Footfall across UK retail destinations continued to climb in week two as more non-essential retail stores reopen, with Wales seeing a particular surge as lockdown regulations ease.