All Retail Week articles in October 2023 – Page 6
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News
Wilko website resumes trading under new owner The Range
The website wilko.com has restarted its home delivery for online orders under its new owner The Range.
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News
Miniso to open flagship store on Oxford Street
Chinese retailer Miniso will open a flagship store on Oxford Street as it ramps up expansion in the UK.
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Analysis
Where THG, Jigsaw, Hawes & Curtis and Richer Sounds are investing in 2024
Store experience, digital marketing and AI will dominate investment strategies next year, say the bosses of the UK’s largest retailers in the Retail 2024 report.
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News
Uniqlo owner Fast Retailing posts surge in sales and profits ‘in all markets’
Fast Retailing, the owner of fashion giant Uniqlo, has reported a boom in both sales and profits “in all markets” as it hails its third consecutive “record annual performance”.
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News
Mamas & Papas targets growth in Asia
Mamas & Papas has linked up with major retailers in South East Asia as part of its ongoing international expansion plans.
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News
Dunelm’s ‘ambitious’ green targets approved by global body
Dunelm has become one of the first homewares retailers to have its greenhouse gas emissions targets approved by the Science Based Targets Initiative (SBTi).
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News
Ikea UK sales climb as it promises to reduce prices
Ikea has posted strong sales growth and promised to reduce prices in the next financial year.
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Analysis
One year on: Has Battersea Power Station sparked London’s retail revival?
As the first anniversary of the Battersea Power Station redevelopment approaches, Retail Week explores whether it has regenerated the capital’s retail revival and lived up to high expectations
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News
Boots delivers growth in market share driven by beauty and skincare
Boots delivered 11.7% year-on-year growth in retail sales in the three months to August 31, 2023, as its market share grew for the 10th consecutive quarter.
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News
Marks Electrical posts revenue growth with ‘continued market share gains’
Marks Electrical has posted a boost in revenue and continues to gain market share in the major domestic appliance and consumer electronics markets.
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News
Hotel Chocolat swings to loss as online struggles
Hotel Chocolat has slipped into the red with revenues dropping 10%, owing to lower online and international sales.
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News
Marks & Spencer cuts prices on 200 grocery products
Marks & Spencer has embarked on a value push with price cuts on hundreds of products.
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News
N Brown sales hit by unseasonable weather
N Brown has seen revenues drop after challenging market conditions and unseasonable weather hampered sales.
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News
Poundland owner Pepco Group posts record growth
Pepco Group has posted record full-year sales growth but said performance was “mixed” against a challenging backdrop.
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Analysis
Inside Ikea’s innovation strategy: Stores, AI and supply chain
Retail Week and WRC’s Global Innovation Report explores how retailers across 18 markets – from Carrefour in France to Alibaba in China – are investing to future-proof their businesses. We take you inside Ikea’s plan of action.
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Opinion
‘Asos hasn’t captured the hearts and wallets of Gen Z and Gen Alpha’
The news this week of more upheaval at Asos, with senior leadership departures following a 12-month revenue decline, is a stark reminder of how challenging it is to remain relevant in today’s ever-changing retail world.
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News
Birkenstock sets New York IPO price tag
German footwear retailer Birkenstock has set an IPO price of $46 per share as it prepares to float on the New York Stock Exchange.
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News
Klarna launches new AI-powered in-app products
Buy Now Pay Later firm Klarna has introduced 13 new AI-powered products as part of its “spotlight fall” launch.
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News
Next eyes Fat Face takeover in £100m deal
Fashion giant Next is closing in on a takeover of Fat Face in a deal worth more than £100m, according to reports.
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News
Exclusive: Arc’teryx to ‘significantly upsize’ with new UK flagship
Canadian outdoor apparel and accessories retailer Arc’teryx is opening a new flagship store on King Street, Covent Garden, Retail Week can reveal.