All Retail Week articles in April 2023 – Page 2
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News
Frasers Group unveils loyalty scheme across all brands
Frasers Group chief executive Michael Murray has said the retailer is set to unveil a new membership scheme and flexible payments solution, which he described as the retailer’s version of Amazon Prime.
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News
Shein increases supply chain investment to £56m over next five years
Fast-fashion retailer Shein has announced it will invest a total of $70m (£56m) in its supply chain initiatives over the next five years in a bid to “support and empower third-party manufacturing suppliers, their workers and workers’ families”.
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News
Striking Amazon workers launch bid for union recognition
Striking workers at the Amazon fulfilment centre in Coventry are making a bid for union recognition after reaching nearly 700 members.
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News
AO becomes first UK online retailer to stock ‘as new’ refurbished mobile phones
AO has become the UK’s first online retailer to offer “as new” mobile phones through its Mobile Phones Direct brand.
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News
Card Factory acquires SA Greetings as it plans expansion into South Africa
Card Factory has acquired the South African greetings cards and gift packaging wholesaler SA Greetings as it looks to expand into overseas markets.
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News
John Lewis chair White: ‘External investment would not be about end of partnership – far from it’
John Lewis chair Dame Sharon White has maintained that any external investment that may be brought in will not signal the end of the partnership, but will be a testament to the appeal of its co-owned model.
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News
Joules launches consultation over job cuts after Next takeover
Joules has started a consultation over potential job losses after new owner Next said it was looking to ramp up its transition plans.
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News
Pret expands subscription service to cover all food and iced drinks
Pret a Manger has unveiled changes to its successful coffee subscription service, expanding the scheme to cover freshly made food, snacks and other drinks.
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News
Sephora London store performing ‘300% better than expected’
The boss of Sephora owner LVMH’s selective retailing division has said its recently opened London store is performing more than 300% better than was predicted.
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Gallery
Store gallery: Monsoon ‘goes back to its birthplace’ with 50th anniversary pop-up
Monsoon has opened the doors to its new London pop-up store on Portobello Road, celebrating the fashion retailer’s 50th anniversary “right where the brand’s story began”.
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News
Primark’s Bason: The store experience ‘should not be underestimated’
Finance director of Primark’s parent company ABF John Bason has said the experience of bricks-and-mortar stores should “not be underestimated” as consumers continue to flock back to the high street.
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News
Shein pledges to put sustainability front and centre of growth ambitions
Shein executive vice chairman Donald Tang says everything the retailer will do over the next decade will be with “sustainability and ESG in mind” as it eyes its next phase of growth.
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News
UK beauty sales driven by bricks and mortar as ecommerce falters
All beauty market gains came from in-store retail in 2022 as ecommerce sales across the whole economy in the UK fall to pre-pandemic levels, new research by the British Beauty Council has found.
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News
Castore announces kit partnership with top Spanish football team
Manchester-based sportswear brand Castore has joined forces with football team Athletic Club Bilbao, becoming the club’s official kit partner for the 2023-24 season and beyond.
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News
Ted Baker chief executive Rachel Osborne eyes exit
Ted Baker chief executive Rachel Osborne is understood to be close to leaving her post just six months after the retailer’s takeover by Authentic Brands.
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News
John Lewis appoints first head of loyalty and invests in pan-partnership rewards
John Lewis Partnership has appointed its first pan-partnership head of loyalty and is looking to ramp up its membership rewards with a new loyalty programme.
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News
Pandora rolls out new rewards scheme in the UK
Jewellery retailer Pandora has launched its My Pandora rewards scheme in the UK, allowing shoppers to earn points and enjoy “personal offers and unique benefits”.
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News
Grocery inflation eases slightly and own-label lines shine
Grocery price inflation fell marginally in the four weeks to April 16, but remained in double digits for the tenth month consecutively.
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News
Ocado to close fulfilment centre putting over 2,000 jobs at risk
Ocado is set to close its Hatfield customer fulfilment centre, putting 2,300 jobs at risk.
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Interview
Q&A: Vinted marketplace CEO Adam Jay on the future of second-hand fashion
Retail Week spoke to Vinted marketplace chief executive Adam Jay about the platform’s expansion plans, resale market challenges, the importance of having no selling fees and how second-hand fashion will shape the future