All Retail Week articles in January 2025 – Page 8
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Tesco, Sainsbury’s and Lidl post strong growth in Christmas trading
Average household spending on groceries hit a record high of £460 during Christmas trading according to the latest grocery sales figures from Kantar.
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Brits are expected to return over a billion pounds worth of Christmas gifts
British shoppers are expected to send back £1.5bn worth of Christmas gifts this year, according to new research by Manhattan Associates.
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Next has upped its guidance but warns of 'unwelcome' price rises
Next delivered a bumper Christmas performance, leading to an increase in its full-year profit guidance, but it warned that it would offset the incoming rise in wage costs by increasing the price of its clothing.
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December retail sales grow but the BRC warns of falling sales volumes in 2025
Retail sales in December inch up due to the late Black Friday trading period, but the BRC warns of possible falling sales in 2025.
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British Fashion Council appoints new chief executive
The British Fashion Council (BFC) has named Selfridges executive creative director Laura Weir as its new chief executive, succeeding former CEO Caroline Rush.
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The Range has confirmed the locations for new superstores following Homebase acquisition
The Range owner CDS Superstores has confirmed the next wave of openings for its new superstores, following its acquisition of Homebase.
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Kingfisher has appointed former Halfords and Coles boss to its board
Home enhancement giant Kingfisher has appointed a former chief executive of Halfords and director of a raft of big retailers to its board.
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B&Q has bought five more Homebase stores
B&Q has reached an agreement to purchase five more Homebase stores for £2.5m, following the retailer’s collapse into administration in November.
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Wickes hires Tesco director for new chief retail and distribution officer role
Wickes has appointed a Tesco director to its new chief retail and distribution officer role on its executive board.
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Outlet Shopping at The O2 reports ‘record’ year
Outlet Shopping at The O2 has reported its “best ever” year of trade in 2024 as retail, leisure and food and beverage continues to thrive.
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Pets at Home veteran Stonier joins Medivet
During her time on the board, Stonier guided Pets at Home through private equity ownerships with Bridgepoint Capital and US buyout fund KKR, as well as its IPO in 2014 and the acquisition of Vets for Pets the year prior.
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Uniqlo, Gymshark and Lush have stopped hiring through gig economy apps
Uniqlo, Gymshark and Lush, have stopped using freelance retail workers through apps, after facing fierce criticism from unions.
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Aldi hails ‘best ever’ Christmas as customers trade up
Discounter Aldi has recorded its best-ever Christmas and said customers marked the festive season by trading up to premium own-label products.
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Shein and Temu summoned to face MPs over employment rights
Fast-fashion giants Shein and Temu are set to be grilled by a parliamentary committee as part of an ongoing probe into employment rights.
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Innovation of the Week
Morrisons has launched an online private prescription service
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team.
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London Designer Outlet has posted its ‘best ever’ Boxing Day and Black Friday
London Designer Outlet (LDO) at Wembley Park has hailed its “bumper” year thanks to the outlet’s “best ever” Boxing Day and Black Friday performances.
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Ben Sherman owner has snapped up Laura Ashley from Gordon Brothers
British fashion and lifestyle retailer Laura Ashley has been acquired by New York-based Marquee Brands, the owner of British clothing brand Ben Sherman, from Gordon Brothers.
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Brompton boss says bike industry ‘in turmoil’ as profits nearly wiped out
The chief executive of Brompton has said the industry is “in turmoil” and predicted that 2025 will be another tough year after profits nosedived.
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Severe weather set to batter retail footfall this weekend
Retailers hoping for a healthy flow of sale shoppers this weekend will likely be disappointed as snowy weather is expected to severely impact footfall in stores.
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Hush sales and profits have fallen but it remains ‘committed’ to growth
Hush has reported falling sales and swung to a loss during the full year as the ongoing cost-of-living crisis continued to take toll.