More on Me + Em – Page 293
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NewsAdidas reports flat sales as market remains ‘volatile’
Adidas posted flat sales in the second quarter of the year “impacted by the company’s conservative sell-in approach in order to reduce high inventory levels”.
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NewsWilko on brink of administration
Embattled retailer Wilko has filed a notice of intention to appoint administrators after failing to find investment.
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NewsScS confident in full-year profit guidance despite cost-of-living crisis
Furniture specialist ScS expects to report full-year profit guidance in line with expectations, despite the ongoing effects of the cost-of-living crisis.
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NewsPets at Home customer numbers grow as revenues spike
Pets at Home has reported an increase in “active VIP” customers and a jump in both total and group like-for-like sales.
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NewsNext increases full-year profit guidance as sales jump
Next has increased its full-year guidance for group profit before tax by £10m, following a “much better than expected” period of full-price sales.
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Opinion‘Rain may mean soggy footfall, but retailers can’t forget the big climate picture’
Day to day, rain has probably been front of mind for retailers as dismal July weather resulted in soggy footfall in many places.
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NewsRetail footfall drops as rail strikes and rain drive decline
Footfall across all retail destinations declined in July as rail strikes, interest rates and bad weather impacted consumer spending.
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AnalysisHow are beauty retailers using tech to enhance customer experience?
From virtual stores to tech that can detect how different fragrances affect your brain, the world of beauty retail has always been ahead in adopting the latest trends in technology. Retail Week takes a look at some of the recent tech innovations helping beauty retailers drive sales.
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NewsJohn Lewis announces back-to-school price lock for 2023
John Lewis has announced a price lock across its “entire school uniform range” in a bid to increase its efforts to support families amid the cost-of-living crisis.
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NewsIceland reviews Holiday 1p Helpers with new items for summer
Frozen food specialist Iceland has brought back its 1p online sale for the summer holidays to help customers through the cost-of-living crisis.
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InterviewQ&A: Kingfisher’s Dorothee D’Herde on meeting cost and sustainability needs
Kingfisher’s director of responsible business Dorothee D’Herde speaks to Retail Week about how the cost-of-living crisis is shaping how shoppers view sustainability
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GalleryStore gallery: Swarovski opens ‘feast for the senses’ concept store in Liverpool
Jewellery retailer Swarovski has opened a new concept store at Liverpool’s Liverpool One shopping centre that has “reimagined the retail experience as a true feast for the senses”.
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NewsHugo Boss raises outlook as sales surge
Fashion retailer Hugo Boss has posted a “strong growth trajectory” and has raised its full-year outlook for 2023 as it recorded double-digit growth “across all brands, regions and channels” in its second quarter.
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NewsUpdate in Asda equal pay case could cost £1.2bn
A new update in the ongoing Asda equal pay battle could result in the supermarket forking out £1.2bn in payouts to 55,000 shopfloor workers involved in the case.
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AnalysisSky gardens and skateparks: What Oxford Street could look like in the future
In its current state, Oxford Street is dragging its heels in the rank of international retail centres. But what could it look like if it was a gold-medal winner? We tasked creative agency Imagination to come up with a new vision for Oxford Street, in an ideal world with unlimited budget, free from timeframes and not at the mercy of willingness from its stakeholders. Here’s what it came up with
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AnalysisThree ways retailers are fine-tuning customer experience
Ahead of our upcoming Consumer Summit this September, which will see leaders across the sector explore how they are redefining CX strategies, we home in on the shining examples of customer excellence across the sector.
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NewsCo-op invests £70m in member prices
The Co-op has made its biggest ever single investment as it extends its member-only prices across everyday essentials.
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NewsGreggs boss warns higher prices are baked in
Greggs chief executive Roisin Currie has said that while the retailer is seeing inflation coming down, she expects higher prices will remain indefinitely.
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NewsShoplifters who commit repeat offences threatened with prison
Shoplifters, thieves and violent people who commit repeated offences could be handed mandatory prison sentences under plans being mulled by the government.
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NewsBirkenstock owner eyes potential IPO as valuation expected to soar
Birkenstock’s private equity owner L Catterton has started talks in advance of a potential IPO of the company, which could take place as early as September this year.