All Retail Week articles in December 2023 – Page 3
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News
H&M sales flat again after 'unusually hot weather'
H&M has posted “flat” sales in its fourth quarter as the previous warning of “unusually hot weather” took its toll on autumn ranges.
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News
Temu sues Shein for alleged ‘mafia-style intimidation’ of suppliers
Online retailer Temu has filed a lawsuit against fashion giant Shein, alleging “mafia-style intimidation” of suppliers.
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News
Naked Wines losses widen and sales fall
Naked Wines has reported a loss and a drop in sales as it starts moving towards “sustainable cash generation”.
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Retail Voice
Making promotional packaging more sustainable this Christmas
Brands face a lot of tough decisions on how they present their special edition products, especially at competitive times of year such as Christmas. Eviosys investigates what can be done to ensure eco-friendly doesn’t get forgotten this festive period
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News
UK consumer confidence ‘firmly in negative territory’ despite rise
UK consumer confidence had a “modest improvement” as it rose two points in December but remained “firmly in negative territory” as the cost-of-living crisis continues.
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Opinion
‘“No change” may be as good as it gets for retail this Christmas’
Shoppers are spending – but selectively. As retail’s golden quarter nears its crescendo, that was one of the messages from Currys chief executive Alex Baldock as the electricals giant revealed first-half results.
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Interview
Q&A: Lush head of retail on bringing fun back to stores
As the handmade bath and body retailer opens its biggest store yet in Glasgow, Retail Week speaks to Lush head of retail Kasey Swithenbank about what makes the new store different and bringing back a sense of fun
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News
Currys boss Baldock optimistic about Christmas as customers ‘treat themselves’
Currys chief executive Alex Baldock said customers have been “treating themselves” this year and he was positive about the festive season.
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News
Sephora expands with third store in Manchester
French beauty retailer Sephora has revealed plans to expand in the North of England, with a third UK store opening in Manchester’s Trafford Centre.
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News
Music Magpie credits record Black Friday for boosting performance
Music Magpie said a record Black Friday period has helped “offset a softer H1” as it posted its pre-close trading update to November 30, 2023.
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Gallery
Bang & Olufsen opens global flagship on New Bond Street
Luxury electricals brand Bang & Olufsen has opened a global flagship on New Bond Street, showcasing its range of speakers and televisions.
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News
Currys sales decline but profit guidance holds
Currys reported a decline in group revenue for the six months ending October 31, but made no change to profit guidance as trading remained in line with expectations.
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Analysis
The Disruptors: Four tech firms ensuring crime doesn’t pay
With retail crime making the headlines, tech companies are coming up with inventive ways to tackle the problem. From security robots to AI camera systems, we highlight four innovative solutions to shoplifting
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Opinion
‘Fewer, better stores will be a focus for many retailers in 2024’
Increased demand for space in retail parks and dealing with the effect of higher rates will be among the property considerations to characterise retail next year, believes Jonathan De Mello
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News
Retailers call for levy scheme reform to secure UK food supply
The British Retail Consortium alongside the National Farmer’s Union (NFU), UKHospitality and seven leading grocers have called for reform to the apprenticeship levy system.
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News
Potential Boots and Shein IPOs show ‘there is life’ in the City
As the week saw news of both Boots and Shein exploring a public listing in London, analysts told Retail Week that there may still be “life in the old dog yet”.
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News
London Designer Outlet reports record Black Friday
London Designer Outlet (LDO) at Wembley Park has recorded a record Black Friday, exceeding last year’s record sales performance by 8.6%.
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News
ProCook boss expects profit to break even as it plans return to growth
ProCook chief executive Lee Tappenden has said he is “cautiously optimistic” about Christmas trading following a strengthened Black Friday performance.
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News
Poundland hires nearly 1,000 former Wilko staff in 70 days
Poundland has so far hired 962 former Wilko staff in 70 days after it acquired several former Wilko sites.
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News
ProCook shows strong golden quarter trading
ProCook losses have improved, but the retailer is still in the red despite outperforming the market over Black Friday and the early part of Christmas trading.