More on Me + Em – Page 53
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News
THG Beauty boss expects return to growth in ‘extremely buoyant’ market
THG Beauty, which owns pureplay retailers including Lookfantastic and Cult Beauty, expects to return to growth in the next financial year as sales grew at a double-digit rate in the last quarter and the premium beauty market in the UK remains “extremely buoyant”, according to chief executive Lucy Gorman.
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Opinion
‘The voice of 3 million retail workers is finally being heard on crime’
A new law that makes assaulting store staff a specific offence is welcome news and shows that retail – an industry that sometimes feels ignored by those making decisions – can still exert influence in the corridors of power, says George MacDonald
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Interview
NWEC boss Dee Corsi on why Oxford Street is still ‘the nation’s high street’
As Oxford Street and its surrounds embark on a £90m transformation this autumn, Retail Week sat down with New West End Company chief executive Dee Corsi to discuss how Britain’s most famous shopping street is changing for the better
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News
Amazon to invest £600m in European robotics and AI over five years
Amazon has announced it will invest €700m (£600m) across its European fulfilment centre network between 2019 and 2024 to enable robotics and AI-powered technologies.
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News
Poundstretcher snapped up by Majestic Wine owner Fortress
Value chain Poundstretcher has been bought by Majestic Wine owner Fortress for an undisclosed fee.
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News
Pepco group sales rise but like-for-likes stutter as it unveils new CEO
Pepco has delivered something of a mixed bag as group sales jumped but like-for-like sales lapped tough comparatives as it unveiled a new group chief executive.
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News
Pret a Manger subscription crackdown leaves customers up in arms over app
Food-to-go specialist Pret is facing a customer rebellion after its attempts to crack down on subscription sharing left shoppers facing difficulties getting their free coffees.
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Opinion
John Lewis Partnership: where should the new executive team focus?
With the strengthening of its leadership team and the appointment of former Tesco boss Jason Tarry as chair, what does the future hold for John Lewis? Retail Week data and insights director Lisa Byfield-Green examines the areas of the business that require focus and the priorities that lie ahead
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Analysis
Inflation, cost cutting and Clubcard clout – takeaways from Tesco’s Ken Murphy
As Tesco profits more than doubled to their highest level in more than a decade, boss Ken Murphy gave his thoughts on some of the key issues affecting the industry
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News
Ted Baker US licence partner OSL eyes takeover bid
Ted Baker’s North American licensing partner, OSL, is reportedly eyeing a potential takeover bid of the fashion retailer after it collapsed into administration.
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News
Frasers to acquire Dutch sports retailer Twin Sport
Frasers Group has entered a binding agreement to acquire Dutch omnichannel sports retailer Twin Sport as it looks to “become the number one sporting goods retailer in Europe, the Middle East and Asia” region.
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News
M&S teams up with HSBC to enhance digital customer experience
Marks & Spencer’s banking arm has struck a new deal with HSBC to bring together digital payments and loyalty and create a more personalised experience for customers.
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News
Government pledges £55m to combat retail crime
The government has announced it is investing £55.5m in facial recognition technology over the next four years to “help catch perpetrators and prevent shoplifting” in a bid to crack down on retail crime.
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News
THG profits surge despite sales slip
THG has posted an increase in profits for the full year and maintained its profit guidance despite a slip in sales driven by “action to discontinue loss making categories”.
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News
Tesco profits and sales soar amid growing market share
Tesco has reported a surge in both profits and sales for the full year and hailed a surge in market share gains as inflationary pressures “lessened substantially”.
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News
Exclusive: Retail spend to take £2.4bn hit in 2024
Retail spending is expected to take a £2.4bn hit this year as consumers are impacted by “lower levels of affluence” amid the cost-of-living crisis, according to the latest research by Retail Economics and beBettor.
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News
Next and Frasers Group circle Ted Baker for potential rescue deal
Retail giants Next and Frasers Group have reportedly expressed an interest in purchasing collapsed fashion retailer Ted Baker.
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News
Sports Direct calls Newcastle kit deal 'unlawful' as it kicks off court hearing
Sports Direct headed to court against Newcastle United as it claimed the exclusive kit deal between the football club and rival JD Sports to be “unlawful”.
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Analysis
What does the future hold for The Very Group under a new CEO?
The Very Group has just promoted its retail managing director Robbie Feather to group CEO with current chief executive Lionel Desclée departing on April 26 to “pursue new opportunities”.
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News
Home Bargains owner targets 1,000 stores after profit boost
TJ Morris, owner of discount retailer Home Bargains, has posted a rise in sales and profit as it looks to open more stores.