All International articles – Page 28
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Opinion
‘New retail is thriving, but many physical stores face a long haul back’
In the midst of the current uncertainty, it is inevitable that people dwell on the negatives caused by the pandemic and Brexit, but are blind to the fact that some parts of retail are thriving. It’s just not happening everywhere and to everyone.
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News
Boots sales rise as Walgreens upgrades profit forecast following strong third quarter
Boots has had a jump in third-quarter sales while parent group Walgreens Boots Alliance (WBA) has upgraded its profit forecast, buoyed by pharmacy sales and administrating Covid-19 vaccinations.
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News
H&M bounces back to profitability in first half
Swedish fashion giant H&M has returned to profitability in the first half of the year after enduring a bruising 2020 due to the coronavirus crisis.
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News
Primark expects profits to be in line with last year following strong reopening
Primark owner ABF has said the fashion giant’s stores have performed exceptionally well since reopening and predicted full-year profits will be in line with the previous year.
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News
JD snaps up specialist sports pureplay
JD Sports has acquired online-only sports specialist Deporvillage, adding to its growing international empire.
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Data
Data: Sales soar as Amazon toasts most successful Prime Day ever
Amazon has had its most successful Prime Day in the event’s history, with the tech giant raking in an estimated $11.2bn (£8.0bn) in sales during the two-day event.
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News
Poundland owner posts rise in sales and profits
Pepco, owner of the the Poundland chain in the UK, has reported increased sales and earnings in its first half.
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Opinion
Worldview: Walmart and Target prove the doomsters wrong on future of stores
When the pandemic shut stores across the US in early 2020, it did not take long for a chorus of doomsters to predict that the end was nigh for physical retail.
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News
Carrefour launches customer data platform for third-party brands
Grocery giant Carrefour, one of the world’s biggest retailers, has unveiled a shopper data, personalisation and media platform designed to enhance customer insight and relationships.
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Analysis
Analysis: Why the Tesco-Carrefour partnership failed to meet expectations
As Tesco and Carrefour bid one another adieu, Retail Week examines why the alliance failed and what it means for international partnerships more widely
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Analysis
The Disruptors: The new online fashion players hunting down Asos and Boohoo
The new online fashion players hunting down internet giants Asos and Boohoo.
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News
Exclusive: Tesco to axe international wholesale business
UK grocery giant Tesco is set to axe its international wholesale business, which exports its own-brand range to partners across the globe.
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Analysis
Deep dive: Curation, destination, imagination – the new department store foundations
How can the retail format be revived to resonate with contemporary and future shoppers?
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Analysis
Analysis: Lush and Watches of Switzerland on nailing international expansion
‘Non-essential’ UK retailers have had a bruising year and many of those that have proved most resilient have relied on international markets to bolster growth in 2020. Should more businesses look to do the same in 2021 and beyond?
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Opinion
‘G7 tech tax deal won’t do much for hard-pressed retailers’
The Treasury has hailed the new G7 agreement for a minimum level of corporate tax announced on Saturday as ‘seismic’, yet it’s not as earth-shattering as it would perhaps like to suggest.
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News
Tesco and Carrefour to sever partnership after three years
Global grocery giants Tesco and Carrefour have decided to end their buying partnership, that was meant to lower prices and offer greater product choice for consumers, after just three years.
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News
H&M’s online second-hand fashion store expands across Europe
Sellpy, the second-hand platform backed by fashion giant H&M, is to launch in 20 European countries.
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News
Ocado raises prospect of international retail expansion
Online grocer Ocado is weighing up retail opportunities outside its domestic market.
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Data
Data: Oxford Street – Europe’s hardest hit high street by Covid
New data has found that of Europe’s six biggest retail high streets, Oxford Street has suffered the most from lost footfall and consumer spend.
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News
Debenhams’ Magasin du Nord sold to European fashion group
Magasin du Nord, the Danish department store business formerly owned by Debenhams, has been sold for an undisclosed sum.