All Very Group articles – Page 6
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AnalysisAnalysis: After the most unpredictable year ever, is the five-year strategy dead?
It’s difficult to know what’s going to happen next week, never mind next year. In this environment, can retail leaders work to five-year plans? Grace Bowden investigates.
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AnalysisSeven big mistakes that retailers keep making online
Online is a more important channel for retailers than ever. But far too many businesses are still making mistakes that irritate customers and hinder conversion. Retail Week highlights seven of them
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NewsVery Group set up for ‘very strong’ Christmas, says boss Birch
The Very Group’s chief executive Henry Birch says the combination of the etailer’s credit offering and fulfilment capabilities set it up for bumper Christmas trading.
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NewsVery Group returns to profit as sales top £2bn for first time
Online retailer The Very Group is back in the black after sales climbed in its last financial year.
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AnalysisDeep dive: A Covid Christmas – how consumers will spend, shop and celebrate
Much like the rest of 2020, this Christmas will be like none in recent memory. With the country now in recession and the coronavirus pandemic still restricting many aspects of people’s lives, Retail Week asks how, where and on what shoppers are likely to spend this Golden Quarter, along with insights and predictions from leading retailers and industry analysts.
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NewsThe Very Group appoints new chief data officer
The Very Group has appointed Steve Pimblett for its newly created role of chief data officer.
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NewsEtailer Very’s sales surpass £2bn as new customers double in lockdown
The Very Group has registered a jump in fourth quarter sales and says it is on track to return to full-year profitability in what boss Henry Birch describes as “a really fantastic performance”.
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AnalysisData: Top 20 retailers to work for in the UK – according to employees
The past few months have been a difficult time for all, which makes it more important than ever for retailers to be good, responsible employers and take care of their staff. Retail Week has teamed up with Glassdoor to find out where employees think the best places to work in retail are and why
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NewsVery Group axes 141 roles in tech-driven restructure
The Very Group is cutting a number of roles across its head office and customer care team as it transforms its business in the wake of the coronavirus pandemic.
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AnalysisData: The UK’s 15 most improved retailers for gender pay equality
Retail Week ranks the top-performing and most improved UK retailers for gender pay equality.
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AnalysisCEO churn: Why are retail bosses booted out so quickly?
The turnover of retail CEOs reached its highest level since 2012 last year. Why are retail’s leaders sent packing so frequently?
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NewsVery posts Christmas sales rise bolstered by credit offering
Very.co.uk enjoyed a Christmas sales boost, but sister brand Littlewoods hampered parent company The Very Group’s overall festive trading.
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NewsShop Direct rebrands to The Very Group as it prepares for new phase of growth
Online giant Shop Direct has formally rebranded as The Very Group today as it prepares for the next stage of its transformation.
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NewsBlack Friday online sales and footfall beat forecasts
Black Friday shoppers have flocked online for deals while early footfall numbers surpassed expectations in a fillip for the retail industry.
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NewsShop Direct secures funding from Barclay brothers
Shop Direct has secured £150m of additional funding from its parent company to plug a gap in equity triggered by an unexpected surge in PPI claims earlier this year.
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OpinionMove of the Week: Shop Direct CFO can mark start of new era
Ben Fletcher would be well advised to make the most of his Christmas break. When Shop Direct’s new group chief financial officer joins in January he faces being thrust into a business still suffering the effects of a PPI-induced financial shock that has escalated to the point where it pushed 2018/19 profits significantly into the red.
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OpinionOpinion: The time isn’t right to sell Shop Direct
Shop Direct owners the Barclay family are understood to have kicked off a review of their business empire, raising questions about the etailer’s future ownership.
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NewsShop Direct closes in on £150m financing deal
Shop Direct owners the Barclay family are on the cusp of agreeing a £150m refinancing deal to shore up the online retailer’s balance sheet.
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NewsShop Direct raids Clarks for new chief financial officer
Shop Direct has poached former Clarks European president Ben Fletcher as its new group chief financial officer.
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NewsShop Direct owners Barclay family consider sale
Shop Direct could be sold off by its owners the Barclay family as part of a wide-ranging review of its stable of British investments.