All Retail Week articles in April 2023 – Page 3
-
News
JD Sports appoints ex Carpetright and N Brown CEOs as non-executives
JD Sports has announced Darren Shapland and Angela Luger will join the sportswear retailer as non-executives, taking up the positions from June 1.
-
News
Primark sales surge as footfall climbs and margin is ‘better than expected’
Value fashion giant Primark has reported a surge in sales that it credits to “very good footfall and margin better than expected”, parent company ABF has reported.
-
News
Exclusive: Canadian travel brand Monos exploring London location
Canadian travel and lifestyle brand Monos is among several international retailers eyeing expansion into London, Retail Week can reveal.
-
News
Morrisons to bring back More card with loyalty-only prices
Morrisons is to relaunch its loyalty scheme Morrisons More with the addition of Clubcard-inspired member prices.
-
News
Gymshark profits decline for first time as operational costs rise
Gymshark posted a fall in profits for the first time despite an increase in revenue for the year ending in July 2022, as the group struggled with increasing operational costs.
-
News
Starbucks unveils new UK sustainable store format
Starbucks has unveiled its new sustainable store format and the first five of its UK stores have been certified as “greener”.
-
News
Lidl highlights London opportunities as it eyes new store openings
Lidl has published a list of hundreds of priority locations for new stores across the UK in a bid to expand its value offering.
-
News
Majestic unveils new wage structure as part of ‘biggest investment ever in pay’
Majestic Wine has unveiled its largest-ever investment in pay, taking the basic rate for store staff to at least £10.60 an hour.
-
News
CBI faces calls to disband as retailers exit en masse
The crisis at the Confederation of British Industry (CBI) deepened over the weekend as retailers joined other businesses in cutting ties amid calls the lobbying group should be disbanded.
-
Data
Ranking: The UK retailers with the biggest international sales
After several years of staying close to home, it’s no surprise that, even with the cost-of-living crisis, more than 60% of Brits are planning an overseas holiday this year – up by 10% on last year, according to research by American Express.
-
News
Asos targeted by ‘dark destroyer’ short-seller ShadowFall
Embattled pureplay fashion brand Asos has been targeted by a renowned short-seller, which believes the retailer will be forced to raise more cash from shareholders.
-
News
Supermarkets blame poor weather in Spain for latest availability issues
Some UK supermarket chains have begun rationing the sale of peppers to two per customer, while others have run out completely.
-
Innovation of the Week
Innovation of the Week: Nike launches first digital collection on Swoosh platform
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
-
News
Exclusive: Ex-Asda boss Clarke stages Farmison rescue deal
A consortium led by former Asda chief executive Andy Clarke has bought online grocer Farmison out of administration and is aiming to rebuild the business.
-
News
Kelso increases stake in THG as it praises nutritional business
Private equity firm Kelso Group Holdings has acquired further shares in THG as it praised “the significant intrinsic value of the nutrition business”.
-
News
Amazon launches new scheme to help track counterfeit goods
Amazon has launched a new initiative aimed at helping retail stores identify and track marketplace counterfeits.
-
News
H&M slashes 150 jobs as it merges Monki and Weekday brands
H&M Group has announced the closure of its Monki head office in Gothenburg, Sweden, “regrettably” cutting around 150 jobs within the business as it confirms the merger of its Monki and Weekday brands.
-
Gallery
Store gallery: Rituals’ sakura-themed, experiential pop-up space
Rituals has opened an immersive, sakura-themed pop-up space in Covent Garden, London.
-
News
M&Co under fire over staff redundancy terms
More than 90 former M&Co employees are taking legal action against the fashion retailer following claims that they were made redundant without a consultation period, according to reports.
-
Data
Retail sales fall in March as record inflation persists
Retail sales fell in March as customers continued to rein in spending amid record-high levels of inflation.