All North America articles – Page 3
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NewsExclusive: Fat Face profitability returns to pre-pandemic levels
Fashion retailer Fat Face’s pre-tax profits jumped following a record sales performance last year that helped profitability return to pre-pandemic levels.
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AnalysisStrategy spotlight: Five ways Amazon is sharpening focus for profitable growth
No retailer is immune to current market pressures, not even Amazon.
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NewsAmazon shares tumble as it warns golden-quarter profit could be wiped out
Amazon has warned that its profits could be all but wiped out during the crucial golden quarter in a bleak prediction that stunned Wall Street.
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NewsH&M boss Helmersson names three key investment areas
H&M profits and sales beat expectations as the retailer achieved more full-price sales.
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NewsMike Ashley’s Frasers Group takes $30m hit on sale of US businesses
Frasers Group has sold its two businesses in the US in a $70m (£55.7m) deal.
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NewsWalmart accused of dumping 1 million toxic items into landfill every year
US retail titan Walmart has been accused of illegally dumping more than 1 million toxic items into landfills every year.
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Opinion‘There is still room not only to survive but thrive in an Amazon-dominated world’
Ask any UK retail exec or investor what keeps them awake at night and sooner or later they will mention Amazon.
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NewsNike warns of price rises amid supply chain chaos
Nike has warned that prices are likely to rise in the second half of its financial year as the brand bids to offset increasing costs in its supply chain.
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NewsWalmart to sell tech and logistics services to third-party retailers
Walmart is to start selling its technology and logistics capabilities to smaller retailers as it seeks out fresh revenue streams in the wake of the Covid-19 pandemic.
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Opinion‘Is Asos an 18% worse business now than it was last week?’
“Is our business 18% worse now than it was last week?” That is the question Asos chiefs were asking themselves following a trading update that sparked a share price rout, wiping out almost a fifth of its value within minutes.
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Opinion‘Amazon’s symbolic swoop for Hoggett might not be its last raid on Tesco’
There are some stories that take on a much broader significance than the column inches they comprise.
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NewsNike profits soar as brand reports record revenues in North America
Nike has posted a surge in profits and record sales as shops reopened and coronavirus restrictions around the world eased.
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OpinionWorldview: Walmart and Target prove the doomsters wrong on future of stores
When the pandemic shut stores across the US in early 2020, it did not take long for a chorus of doomsters to predict that the end was nigh for physical retail.
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AnalysisWorldview: Key lessons from the USA’s retail sales rebound
Judging by some of the latest data on retail sales, which rose by over 30% in March, the US retail sector has not so much emerged from the pandemic into the sunlit uplands as come forth into a blazing heatwave.
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NewsWHSmith launches £325m fundraise to open 100 new travel stores
WHSmith has unveiled plans to launch a £325m fundraise as the retailer doubles down on the expansion of its challenged travel division.
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NewsAmazon tests ‘pay-by-palm’ technology at Whole Foods
Amazon is testing new technology that will allow customers of its Whole Foods grocery business to pay using nothing but their hands.
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AnalysisWorldview: How Swarovski and Grocery Neighbour are reinventing the store
The Covid-19 pandemic is magnifying the need for retailers to rethink how physical space is used in the future.
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NewsBoots UK sales slide as parent Walgreens ups profit guidance
Boots has endured a slump in second-quarter sales as parent company Walgreens blamed the reintroduction of lockdown restrictions for the “set back” in its revenue recovery.
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NewsNike profits rise as China leads sales recovery
Nike has posted a jump in profits as booming sales in China offset tougher conditions in the US and Europe amid the coronavirus pandemic.
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Opinion‘Bezos hasn’t killed the high street – he’s transformed retail for the better’
Put the customer first. Invent. Be patient.