All Retail Week articles in November 2024 – Page 3
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News
Topps Tiles sales hit by big-ticket slowdown
Topps Tiles saw sales drop as shoppers held back on big-ticket home improvement spending.
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News
Sosandar sales drop as it moves away from promotions
Sales at Sosandar dropped by almost 30% in the last six months as it changed its pricing to encourage more shoppers to pay full RRP on their purchases.
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News
Halfords urges government to reform apprenticeship levy as sales and profits stall
Halfords has called on the government to urgently reform the apprenticeship levy, as sales and profits trended down in the first half.
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News
AO upgrades guidance again as profits and sales soar
Electricals giant AO has again upgraded its full-year guidance as both profits and sales soared in the first half.
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Interview
Q&A: Amazon UK country manager John Boumphrey discusses the responsibility of sustainability as a global giant
Retail Week visited Amazon’s Sustainability Accelerator demo day and spoke with UK country manager John Boumphrey about the programme and what it does for start-ups, how Amazon strives to be sustainable, and the role customer feedback plays
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Retail Voice
Six steps to successful stock accuracy
When it comes to tackling loss prevention, it helps to reframe it as profit protection. Zebra Technologies’ Mike Finch explains how doing so can lead to 99% stock-counting accuracy
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Opinion
‘Christmas adverts have become too centred around a carrot and a bunch of copy-carrots’
Christmas adverts have become centred around a carrot and a bunch of copy-carrots, and it’s time retail led the industry through some well-needed step changes once again, writes Lucky Generals chief executive Cressida Holmes-Smith.
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News
The Retail Week Awards 2025 shortlist has been revealed
The Retail Week Awards, which have been celebrating excellence in the UK’s retail industry for 30 years, have today revealed the 2025 shortlist.
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News
Ann Summers owners are exploring potential sale options
The Gold family, which owns Ann Summers, is exploring options for the business that could include a partial or majority sale.
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News
Former boss Allan Leighton returns to Asda as executive chair
Allan Leighton, who was chief executive of Asda from 1996 to 2000, is set to return to the grocer as the executive chair as the supermarket struggles with a sales slump.
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News
Kingfisher has tightened its profit guidance as sales remain flat
DIY giant Kingfisher has tightened its full-year profit guidance after sales remained flat in the three months to October 2024.
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Analysis
Three strategies retailers can learn from the UK’s most innovative grocers
As the grocers employ increasingly innovative strategies in the fight for market share, there are crucial lessons wider retail must learn from their wins, and losses, to inform their own plans for 2025
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Retail Voice
Retailers must step up collaboration to meet net-zero obligations
With businesses struggling to meet the publicly stated net zero goals, Wincanton’s James Hurrell examines what retailers can do to drive better ways of working.
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Analysis
Inditex: how Zara’s parent company is thriving while other high street brands are barely surviving
From a small family-run business to a global fashion phenomenon, Inditex is dominating the high-street fashion space and has established itself as a firm favourite among a broad range of shoppers. But while it remains under the radar, staying out of the headlines for all the right reasons, Retail Week looks at how the Zara owner reached its royalty status
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Innovation of the Week
Ninja partners with US smart TV company for shoppable ads
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team.
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Retail Voice
Black Friday needn’t be ‘Fraud Friday’ if AI is adopted to stop crime networks
With more than £9bn expected to be spent in the UK alone over the Black Friday weekend and approximately 10% estimated to be lost to fraudsters, Gowling WLG’s John Coldham examines how new technology can help
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Opinion
‘Retailers are heading into a challenging period of adjustment post-Budget’
To make the numbers work post-Budget, retailers face tough choices to balance spiralling costs with the need to invest in productivity-enhancing areas such as technology. There is some action they can take though, points out Alvarez & Marsal’s Erin Brookes
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News
BRC urges the government to take steps to ensure a safe Christmas for retail staff
The British Retail Consortium (BRC) and members have called on the government to take necessary steps to ensure retail staff have a safe Christmas as we gear towards the peak trading period.
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News
UK shoppers are set to spend over £2bn on secondhand gifts over Christmas
Shoppers in the UK plan to spend a total of £2.05bn on secondhand gifts over this festive season as pre-loved rises in popularity, according to new research from Vinted and Retail Economics.
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News
Ted Baker founder Ray Kelvin opens Sealskinz’ first permanent London store
Outdoor and premium apparel brand Sealskinz, where Ted Baker founder Ray Kelvin is owner and creative director, has opened its first permanent store in central London following a successful Christmas pop-up last year.