More on Me + Em – Page 306
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NewsHotel Chocolat warns on profits as inflationary pressures bite
Specialist retailer Hotel Chocolat has issued its second profit warning of the year, blaming ongoing inflationary pressures and softening consumer sentiment.
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NewsNew BRC partnership to help retailers access ‘cutting-edge technology’
The British Retail Consortium has joined forces with a retail innovation firm to grant BRC members access “cutting-edge technology”.
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NewsPoundland to extend grocery offer to more stores
Poundland is expanding its grocery offering to an additional 24 stores across the UK.
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NewsHotter Shoes owner considers emergency restructuring
Hotter Shoes’ parent company Unbound Group is reportedly in talks to launch emergency restructuring plans to “shed some of its liabilites”.
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DataRetail sales rise in May but volume declines
Retail sales rose by value but declined by volume in May, according to the Office for National Statistics (ONS).
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NewsRevolution Beauty sales leap amid Boohoo requisition
Revolution Beauty has reported a jump in sales and believes it is “appropriate to update all shareholders on the group’s most recent trading performance” in light of the requisition notice by Boohoo.
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DataUK consumer confidence increases ‘despite fierce economic headwinds’
UK consumer confidence increased for the fifth month in a row despite “fierce economic headwinds of the cost-of-living crisis” and “double-digit grocery price increases”.
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NewsShock interest rate rise means ‘struggle’ for shoppers and retailers, warns credit insurer
The bigger-than-expected increase in interest rates to the highest level since the 2008 financial crisis will pile more pressure on consumers and retailers, a leading credit insurer has warned.
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Opinion‘Boohoo and Revolution Beauty’s management pageant has already got ugly’
The gloves are off at Boohoo and Revolution Beauty, where the first punches have been exchanged in a fight for control of the embattled makeup specialist.
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NewsMorrisons sales increase as it continues to cut costs
Morrisons has reported a continued increase in sales as it makes progress with its “plans to develop a broader, stronger Morrisons”.
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NewsWilko extends deal with home delivery provider to 2026
Wilko has extended its contract with home delivery provider GXO to June 2026.
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NewsAmazon to fund 350 apprenticeships and traineeships in the UK creative industry
Amazon is set to fund 350 UK-based apprenticeships and traineeships across the TV, film and publishing industries.
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NewsExclusive: TOFS to bring back physical club card and extend club pricing
The Original Factory Shop is reintroducing its physical club card to stores and extending its club pricing to all members, Retail Week can reveal.
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NewsWHSmith, M&S and Argos failed to pay minimum wage
WHSmith, Marks & Spencer, and Argos are among companies that have been named for failing to pay the minimum wage, according to the Department for Business and Trade.
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NewsJoules still owes creditors over £100m following collapse
Fashion retailer Joules reportedly still owes more than £100m to its suppliers, landlords and customers holding gift cards, according to new documents.
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Opinion‘Accepting rocketing returns as “cost of doing business” is limp admission of defeat’
It’s too big and it doesn’t fit. A dress? A T-shirt? A pair of shoes? How about your returns percentage each year? Brian Kalms looks at how retailers can address the problem
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NewsNext in talks with Elliott Advisors over Reiss sale
Fashion giant Next is in talks with private equity house Elliott Advisors regarding the sale of its 51% stake in Reiss, according to Sky News.
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NewsMatalan appoints new supply chain and retail executives
Fashion retailer Matalan has announced Phil Hackney as the company’s new chief supply chain operations officer and Katherine Davis as chief retail officer.
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NewsSainsbury’s extends Nectar Prices to fresh fruit and vegetables
Grocery giant Sainsbury’s has expanded its Nectar Prices offer to include some products across its fresh fruit and vegetable ranges.
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NewsMonsoon launches travel boutique store at Waterloo
Monsoon has opened the doors of its new travel boutique store concept in London’s Waterloo Station as it continues expanding its travel retail portfolio across the UK and Europe.