All Retail Week articles in July 2024 – Page 3
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News
Parcel delivery giant Evri has been snapped up by a private equity firm
Parcel delivery giant Evri is set to be sold to private equity firm Apollo.
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Analysis
How loyal will customers be to Pret a Manger without their free drinks and cheap food?
As Pret faces the backlash from axing its “too good to be true” subscription service, Retail Week looks at how far is too far when it comes to building customer loyalty and offering value for money
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News
Deliveroo has partnered with The Perfume Shop for rapid delivery
Deliveroo has partnered with The Perfume Shop, offering customers a selection of designer perfume brands for delivery in 25 minutes.
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News
THG is slashing 171 jobs as it orders all staff back to office five days a week
THG is set to cut 171 jobs across various departments as it puts an end to flexible working by calling staff back to the office for five days a week, starting from August 19, 2024.
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News
Crew Clothing’s sales and profits have surged despite fashion retail battles
Crew Clothing has posted a surge in sales and profits for the 2023 financial year despite the ongoing challenges posed by the cost-of-living crisis.
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News
Majestic has ramped up its bricks-and-mortar expansion with fresh £1m investment
Majestic Wine is ramping up its commitment to bricks and mortar with a fresh £1m investment in its store estate.
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News
Hammerson has posted growth in rental income and ‘capability’ in wake of Bicester Village sale
Hammerson, which owns and operates shopping centres including Birmingham’s Bullring and London’s Brent Cross, has posted a rise in rental income and “increased capacity and capability” after selling its £1.5bn stake in Bicester Village.
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Analysis
Merry clickmas: How social selling is shaping Christmas 2024
There’s no better time to elevate your retail offering than Christmas. Here we explore the key innovations and trends set to drive festive spending in 2024 – and how you can get in on the action
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News
Exclusive: Iceland has slammed illigitimate ads framing it as zero hours contract employer
A spate of illegitimate Iceland zero-hour contract job ads threaten to embarrass the retailer’s boss and Labour supporter Richard Walker, in the same week the new government pledged a ban on the contracts.
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Analysis
Labour’s employment plans put it on a potential collision course with retail
As Labour hangs its hat on new employment legislation to show it means business in its first 100 days in government, it could be setting itself up for a run-in with the retail industry in future
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News
Sephora has delivered ‘exceptional’ growth but LVMH sales and profit take a hit
Sephora has delivered double-digit growth despite parent group LVMH seeing a fall in sales and profit in the six months to June 30, 2024.
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Interview
Q&A: Luxe Collective co-founder targets £1m in a day on TikTok despite luxury struggles
As pre-loved luxury increases in popularity, among the influential Gen Z consumer in particular, Luxe Collective co-founder and chief executive Ben Gallagher talks to Retail Week about what makes the resale platform unique, the importance of social media to fuel growth and his aim for the business to make £1m revenue in a day on TikTok Shop
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News
Exclusive: John Lewis’ great-grandson and ex-CFO has joined Oak Furnitureland
The great-grandson of John Spedan Lewis who was also the partnership’s former chief finance officer has joined Oak Furnitureland, Retail Week can reveal.
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Gallery
Lush is opening a new Perfume Library in the heart of London
Lush is set to open a new Perfume Library concept store to highlight the health and beauty retailer’s extensive range of perfume and scents.
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News
More shoppers are paying with their phones but use of cash also rises
Consumers’ use of mobile contactless payment significantly increased last year – when the number of people mainly using cash also rose.
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Analysis
What does value player The Range want with stricken DIY giant Homebase?
The Range has reportedly entered talks to buy Homebase − but what would a sale bring to the value retailer’s business?
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News
Exclusive: Superdry CTO exits as Dunkerton aims to bolster board with new hires
Superdry boss Julian Dunkerton is rebuilding elements of his top team after its chief technology officer left the business and the search for new board members is underway, Retail Week can reveal.
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Opinion
‘There’s a grim irony in Carpetright’s collapse, but don’t blame founder Lord Harris’
Carpet king Lord Harris built Carpetright, then went into business against it. As Tapi takes control of Carpetright assets from the administrator, some may see Harris as a Brutus figure – but that would be wrong, says George MacDonald
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News
Tapi has opted out of Ireland and the Channel Islands in the Carpetright buyout
Tapi will take over 54 of rival Carpetright stores as part of a multimillion-pound buyout, but it has opted out of buying those stores located outside of the British mainland.
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News
Carpetright: full list of stores rescued from administration by Tapi
Tapi has swooped in to buy rival Carpetright in a multimillion-pound deal but has selected just 54 stores to take over from the retailer.