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All Retail Week articles in November 2024 – Page 6
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NewsMorrisons pays down debt and extends revolving credit facility
Supermarket giant Morrisons has announced it has paid down a further £200m of debt and extended the maturity of its revolving credit facility to 2030, reducing its overall levels of debt.
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NewsDecathlon enters strategic partnership with fashion giant in India
Decathlon has entered a new strategic partnership with Indian ecommerce platform Myntra to make products more accessible to customers across the country.
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NewsAmazon has partnered with Asda to launch parcel pickup and returns at supermarkets
Amazon and Asda have teamed up to launch parcel pickup and label-free, box-free returns at over 700 of the supermarket’s stores across the UK.
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NewsBoohoo has raised £40m to fuel its turnaround
Boohoo has completed a fundraising round to fuel its turnaround amid a boardroom bust-up with its biggest shareholder.
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NewsSephora CEO wants to open at least 20 UK stores in the next few years
Sephora’s CEO has announced it is aggressively expanding its UK market presence, aiming to challenge established players like Boots.
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NewsShein is targeting early 2025 for blockbuster London float
Shein, the fast-fashion ecommerce giant, is reportedly preparing to launch its massive £50bn IPO on the London Stock Exchange in early 2025.
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NewsBoohoo scrutinised for returning to a supplier it struck off after a modern slavery scandal
Boohoo is facing renewed scrutiny over its ethical practices after rekindling a relationship with a supplier it cut ties with in the wake of a modern slavery scandal.
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Innovation of the WeekLevi’s has launched personalised shopping experience on Amazon’s Alexa
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team.
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AnalysisRetail 2025: How Molton Brown, Mamas & Papas and N Brown are taking ESG seriously
Retailers are taking heed of environmental, social and governance (ESG) matters, and in many cases are also realising the commercial benefits that come with focusing on these issues as opposed to solely chasing profit at all costs.
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NewsLidl increases investment in British made food to £21bn
Discounter Lidl says it is “on track” to increase its investment in British food to £21bn by the end of the year, exceeding its original five-year target by 40%.
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AnalysisAbercrombie & Fitch: how the American fashion giant became cool again
As Abercrombie & Fitch continues to grow in popularity and regains its status as a ‘cool’ brand, Retail Week explores what powered the American fashion giant’s turnaround
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NewsFour in 10 retail workers are worried about their safety during the festive season
Four in 10 retail employers are concerned about their safety ahead of the Christmas rush, according to a new report by YouGov and Motorola Solutions.
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VideoJD Sports unveils Christmas campaign celebrating family and friends
JD Sports has unveiled its Christmas campaign which celebrates “the different forms of family that make the festive season special for communities around the country.”
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VideoSports Direct launches Christmas advert celebrating new traditions with UK athletes
Sports Direct has launched its Christmas campaign called ‘New Traditions Start Here’, featuring some of the UK’s biggest athletes across various sports.
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NewsAmazon has launched a new low-cost online service in the US set to rival Shein and Temu
Amazon has launched a new online service offering low-cost goods in the US which is set to challenge the likes of discount retailers Shein and Temu.
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NewsB&M reports revenue growth as it is ‘well positioned’ ahead of peak trading
Value retailer B&M has reported a growth in sales and revenue as it said it is “well positioned” for golden quarter as it continues to focus on “price, product and standards”.
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NewsWHSmith chief executive sees ‘exciting opportunities’ in American airports and UK hospitals
WHSmith chief executive Carl Cowling said he sees “exciting opportunities” for growth across North American airports and UK hospitals, following the retailer’s preliminary results for the year to August 31.
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AnalysisAre job cuts, store closures and inflation really inevitable after Labour’s Budget retail ram raid?
From “disappointing” to “clobbered”, the retail backlash to last month’s Budget has only grown with every passing day. The next question is what the sector will do in response?
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NewsBoohoo chief executive says all options are on the table as he commences business review
Boohoo’s new chief executive Dan Finley said he is considering all options as the retailer commenced a review of the business after losses deepened.
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NewsBurberry unveils ‘urgent’ turnaround plan as profits and sales plummet
Burberry has said it is “acting with urgency” as it launches turnaround plan to “stabilise” the business following plummeting profits and sales at the luxury brand.