All Retail Week articles in November 2024 – Page 2
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News
Lords committee recommends looking ‘beyond retail’ for high street success
A House of Lords committee envisages that thriving high streets will be less dependent on retail in future, although shops will remain key to their success.
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Opinion
‘The Lords committee believes high streets can flourish again – this is why’
The challenges faced by high streets are surmountable if change is embraced, believes Lord Moylan, chair of the House of Lords’ Built Environment Committee, as he publishes the findings of a committee inquiry on the subject
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News
ACS writes to chancellor to warn that smaller retailers face ‘pretty bleak picture in 2025’
The chief executive of the Association of Convenience Stores has written a letter to chancellor Rachel Reeves warning that the Budget has left many smaller retailers facing a “pretty bleak picture in 2025”.
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Article
Pets at Home boss: we must look at ‘every lever’ to mitigate budget costs
Pets at Home boss Lyssa McGowan told Retail Week that the business would have to consider “every lever” as it looks to mitigate new costs imposed on retail by the Budget.
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News
John Lewis Black Friday searches spike following return of ‘Never Knowingly Undersold’ pledge
Department store group John Lewis has reported a surge in interest in its Black Friday deals following the return of the Never Knowingly Undersold price promise.
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Video
The Entertainer launches heartfelt ad in biggest ever Christmas campaign
The Entertainer has kicked off its “biggest ever” Christmas advertising campaign with a new ad that highlights the “deep love children develop for their ‘most favourite’ toy”.
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News
Secret Sales acquires H&M brand Afound to ‘expand its footprint’ in the Nordics
Discount premium marketplace Secret Sales has acquired H&M’s digital fashion outlet Afound, as it continues its European expansion into the Nordics.
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News
CMA finds that supermarket loyalty schemes do offer genuine value
The Competition and Markets Authority has ruled that supermarket loyalty schemes do offer customers genuine value for money, following an investigation into claims of price manipulation.
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News
DFS wins scientific endorsement for carbon reduction targets
Sofas giant DFS’ programme to reduce carbon emissions has been endorsed by a leading group that defines and promotes best practice in science-based target setting.
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News
Pets at Home reveals Budget costs hit and lowers profit guidance in ‘subdued’ market
Pets at Home has disclosed the additional cost burden it must bear following the recent Budget and lowered profit expectations amid difficult trading conditions.
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Data
Two-fifths of frontline staff believe retail stores won’t exist by 2029
Alarming new data from the Talking Shop report reveals growing concerns among store workers that the physical store will be entirely subsumed by ecommerce in the coming years
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Gallery
Sephora opens ‘beauty playground’ in Bluewater shopping centre
Beauty retailer Sephora has opened its doors at Kent’s Bluewater shopping centre, its seventh store since its return to the UK.
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News
Gymshark launches innovation lab to find ‘game-changing solutions’
Fitnesswear retailer Gymshark is on the hunt for exciting start-ups to join a newly launched innovation programme.
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Analysis
What are shellshocked retail c-suites doing to mitigate the Budget?
As anger at the recent Budget turns to, if not quite acceptance, at least reflection, Retail Week looks at how leaders and senior teams might mitigate its effects
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News
Number of retail employees using unapproved generative AI at work skyrockets
The number of retail employees using generative AI at work that’s unapproved or unprovided by their employer has soared year on year.
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News
Frasers acquires South African sportswear retailer as it snaps up stake in Marks Electricals
Frasers Group has snapped up South African sportswear retailer Holdsport Group for an undisclosed sum on the same day it took a £3m stake in British brand Marks Electricals.
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News
Sosandar eyes more stores and partnerships as it builds reach
Fashion retailer Sosandar is targeting further store openings after the success of the first few, and aims to strike deals to sell through other retailers as it has with Marks & Spencer and Next.
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News
Miniso is opening its debut outlet store in London
International lifestyle retailer Miniso has announced at annual global retail property show Mapic, which is being held in Cannes, France, this week, that it is opening its debut outlet store in the UK.
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News
Increasing shop prices herald return of inflation, BRC warns
The British Retail Consortium has warned we are beginning to see the return of inflation due to the measures announced in the Budget, as shop prices rose in October.
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News
Next to triple its store footprint as it takes on former House of Frasers in Bluewater
Exclusive: Fashion giant Next is taking on a new space, currently occupied by House of Fraser as it looks to triple its footprint at Bluewater shopping centre, Kent.