All International articles – Page 32
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NewsH&M profits inch up as pandemic store closures drag on performance
Swedish fashion giant H&M has reported growth in both revenues and profits – but it flagged that international coronavirus restrictions continued to slow its growth.
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NewsNike warns of price rises amid supply chain chaos
Nike has warned that prices are likely to rise in the second half of its financial year as the brand bids to offset increasing costs in its supply chain.
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AnalysisRobot wars: Five companies rolling out autonomous delivery around the world
As Wilko unveils plans to begin autonomous home deliveries by 2023, the UK retailer joins a growing group of companies already using robots to deliver products to customers globally.
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AnalysisIn the founder's footsteps: setting the direction when the trailblazer steps aside
Many retail businesses are intrinsically linked to and even defined by their founders, but what happens when it comes time for that person to stand aside? Retail Week looks at past successes and failures and what needs to be put in place to ensure the process goes smoothly.
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Opinion‘The Amazon giant is beginning to stir and UK grocers should take note’
Amazon’s latest tie-ups with Deliveroo and the Co-op show it is slowly tightening its grip on the UK grocery market by leveraging its sprawling network of Prime members.
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NewsH&M sales rebound slower than expected as global lockdowns bite
H&M has reported a lower than expected recovery in sales in its third quarter as store closures from coronavirus restrictions around the globe continued to have an effect.
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NewsMade.com losses narrow as sales jump despite global freight issues
Made.com reported narrowing losses before tax for the first half, with gross sales and adjusted profits for the period offsetting global freight issues.
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NewsJD Sports delivers record results as sales and profits soar
JD Sports has delivered record results in the first half of the year as group sales and profits soared off the back of strong performances in the UK and US.
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NewsPrimark profits to exceed last year despite fourth quarter sales hit
Primark owner ABF has said it expects full year profits to be ahead of last year, due to a reduction in labour overheads and lower store operating costs.
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NewsCouche Tard favourites should Asda owners look to sell EG Group
Canadian convenience store petrol station giant Couche Tard is seen as the favourite should Asda’s new owners look to sell off their forecourt empire.
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NewsInvestor builds ups stake in WHSmith with eye to international travel rebounding
Los Angeles-based activist investor Causeway Capital has boosted its stake in WHSmith amid hopes of a global bounce-back in travel.
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NewsAmazon launches global recruitment drive including in UK
Amazon intends to hire 55,000 people worldwide, including in the UK, as it targets further growth.
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NewsWalmart launches GoLocal delivery service for third-party retailers
US giant Walmart has launched GoLocal, a third-party delivery service allowing other retailers to tap into its delivery infrastructure.
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NewsUK government rejects temporary EU visas to ease driver shortages
The UK government has rejected industry calls to issue temporary visas to European truck drivers to ease the shortages which have played havoc with supply over the last few months.
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NewsSainsbury’s braces for bid as American investors circle
The UK’s second largest grocer Sainsbury’s is reportedly being targeted for a takeover by an American private equity firm, amid mounting mergers & acquisitions in the grocery space.
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NewsMarks & Spencer launches food range on expat retail site British Corner Shop
Marks & Spencer has extended its online food offer through a partnership with expats’ shopping site British Corner Shop.
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NewsWalmart raises outlook as second-quarter sales surge
American giant Walmart has increased its full-year outlook for the second time this year as sales surged in the second quarter despite the effects of the Delta strain on consumer confidence.
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InterviewInterview: Eataly founder Oscar Farinetti on building the world’s first ‘green retail park’
Best known as the charismatic founder of dining and food retail chain Eataly, Oscar Farinetti talks to Retail Week about his newest, eco-friendly Green Pea format and calls on entrepreneurs and businesses to lead the sustainability charge.
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NewsAdidas sells Reebok to Authentic Brands Group for $2.5bn
Adidas will sell the Reebok brand to American brand development, marketing and entertainment company Authentic Brands Group (ABG) following a decision earlier this year to focus on its core brand.
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NewsBloom & Wild snaps up French rival in European expansion drive
Bloom & Wild has acquired French rival Bergamotte for an undisclosed sum, marking its second European acquisition in four months.
