All Retail Week articles in November 2024 – Page 4
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News
UK retail sales fall in October after three months of growth
UK retail sales volumes fell in October after a marginal increase in September as retailers reported that Budget uncertainty affected sales.
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Gallery
H&M unveils new tech-savvy concept store in UK first
Swedish fashion giant H&M has reopened its store at London’s Westfield shopping centre, Stratford, following a makeover that brings a new “innovative” store concept to the UK for the first time.
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News
John Lewis boss calls budget a ‘two-handed grab’ that will add ‘tens of millions’ of addition costs to business
John Lewis boss Nish Kankiwala slammed the government as he compared the recent budget to a “two-handed grab” which will add “tens of millions” of additional costs to business, The Financial Times reported.
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News
DFS appoints interim chief financial officer after inline sales performance
Furniture retailer DFS has appointed an interim chief financial officer after it said sales were in growth in the current financial year.
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News
Consumer confidence rises as public has ‘moved past’ Budget impacts
Consumer confidence has risen three points in November, as the public moves on from the “potentially worrying impact” of the Budget and Trump’s election in the US.
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Interview
Q&A: AllSaints COO talks ongoing opportunities, AI and why kids fashion needed SmallSaints
Retail Week visited AllSaints head office in London and sat down with chief operating officer Catherine Jobling to discuss the brand’s year, some of its newest ventures, including its expansion into childrenswear, and the opportunities ahead.
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Analysis
What will Frasers and Mike Ashley do if he finally gets his hands on Boohoo?
Retail Week takes a closer look at what actions Mike Ashley is likely to take if he can seize control of Boohoo, as the battle between the fashion retailer and Frasers becomes increasingly fraught
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News
Currys is making tech upgrades and store improvements ahead of Christmas
Currys is making enhancements to its omnichannel offering through tech upgrades and in-store improvements ahead of the busy festive season.
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News
Superdry warns of profit decline as sales slide after London stock market exit
Superdry has warned on profitability for the year ahead as sales fell during the current financial year following the fashion retailer’s departure from the London Stock Exchange in bid for survival.
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News
JD Sports says profit will be at lower end of guidance after ‘volatile’ sales
JD Sports said it now expects full-year profits to be at the lower end of its guidance range after “volatile” trading in October.
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News
Ted Baker UK and European wholesale arm snapped up by former Barbour MD
The former managing director of fashion retailer Barbour has snapped up the UK and European wholesale arm of collapsed Ted Baker.
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News
HMV suspends new store openings following Budget tax raid
HMV has become one of the first retailers to publicly suspend new store openings across the UK, saying the Budget has made the environment too risky to invest.
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News
Frasers demands that Boohoo chair Kamani is replaced by Mike Ashley
In the latest escalation of the public war of words between the two retailers, Frasers has this morning publicly called for Boohoo founder and chair Mahmud Kamani to step down.
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Opinion
‘Retailers who miss the shift in customer interactions are likely to face an existential risk’
Shoppers are taking inspiration and guidance from a much wider range of sources than their preferred retailer, observes Accenture Song’s Sarah Lambert. That means retailers need to reach customers in new ways across new formats
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News
Online sales in November off to ‘poor start’ ahead of Black Friday weekend
November ecommerce sales have gotten off to a “poor start” as sales dipped in the first two weeks of the month, according to IMRG’s online retail index.
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News
Frasers Plus strikes new partnership with Hornby Hobbies
Frasers Plus, the credit and loyalty platform part of Frasers Group, has announced a new partnership with toy and hobby retailer, Hornby Hobbies.
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News
Lidl records highest growth in customer visits of any supermarket as profits increase
Lidl has revealed it experienced the highest growth in customer visits of any supermarket last year, as revenues and profits increase.
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News
TikTok set for ‘record-breaking’ Christmas driven by surge live shopping
TikTok has forecast that this Christmas will be “record-breaking” and mark its biggest moment in retail due to an “unprecedented surge” in live shopping sessions.