All Retail Week articles in October 2023 – Page 7
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News
Jigsaw swings to profit as shoppers return to stores
Fashion retailer Jigsaw is back in the black following a boom in sales of dresses and tailoring as customers return to stores.
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News
Selfridges records leap in revenue as shoppers return to stores
Selfridges has posted a rise in revenue that it credited to shoppers returning to its London and Manchester stores.
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News
Currys Greek business receives bids from ‘several potential buyers’
Currys is weighing up offers for its Greek and Cypriot business Kotsovolos after receiving interest from “several potential buyers”.
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News
Asda opens first of its former Co-op c-stores
Asda has accelerated its takeover into convenience as it opens 11 sites that were formerly Co-op stores.
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Analysis
Wolfson’s wisdom: How Next has stayed successful for more than 20 years
In two decades, Next has barely put a foot wrong. Retail Week finds out what lies behind the fashion powerhouse’s success and how it is planning to grow even further.
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Analysis
What retailers can learn from EE, Lush and Estée Lauder’s latest tech investments
If the past year is indicative of change to come, we’re balanced on the cusp of cutting-edge technologies becoming a must-have, rather than a nice-to-have, for retailers keen to remain ahead of the curve
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Interview
Q&A: PrettyLittleThing head of social on the power of social commerce
As PrettyLittleThing makes waves on TikTok Shop following its launch earlier this year, head of social at the fashion giant, Beckie Turnbull, spoke to Retail Week about the power of social commerce, the importance of trend-led products and plans to bring PLT’s TikTok Shop to the US
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News
Amazon warehouse workers to walk out on Black Friday
Over 1,000 Amazon warehouse workers will strike on Black Friday as the GMB union warns of “the biggest day of strike action in company history”.
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Analysis
Golden quarter: The retailers hiring thousands of workers for the festive season
The retail industry is preparing for its busiest time of year as it approaches Black Friday and the festive season, which typically sees a huge increase in customer spend.
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News
Exclusive: Asos shuffles top team as senior directors step down
Asos brands director James Barron and menswear product director Stefan Pesticcio are stepping down from the fashion retailer as it shuffles its top team, Retail Week can reveal.
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News
Grocery prices fall for seventh consecutive month
Grocery prices fell for the seventh straight month in September, bringing some much-needed relief to consumers in the run-up to Christmas, but food inflation is still in double figures.
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Gallery
Lounge opens first physical store to ‘change the way women shop underwear’
Underwear retailer Lounge has opened the doors to its first-ever permanent store in Westfield London, White City, as it “takes the step into physical retail” after seven years of trading online.
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News
River Island profits plummet as it struggles with excess stock
Fashion retailer River Island has reported plummeting operating profits for the 2022 financial year as the brand battled to clear excess stock and rising inflation.
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News
UK consumers cut back on dining out to save for Christmas splurge
Cash-strapped consumers across the UK are reining in on eating out and buying takeaways to save up for what many see will be an expensive festive season.
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Analysis
Value-driven shopping: How retailers from Iceland to Pets at Home are getting it right
As the cost of living rises, consumers are prioritising value. But what does ‘value’ really mean, and how can retailers strategically align with customer values whilst still boosting sustainable long-term growth? In this digital feature, Retail Week explores four ways retailers are getting it right
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Analysis
Inside the AI strategies of Ocado, Shein and Charlotte Tilbury
Retail Week’s new report, Beyond the Hype: How AI in UK retail has moved to the mainstream, shares key ways retailers are generating ROI from AI. Here are three examples of businesses making the tech pay
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News
Retail sales slow in September despite falling inflation
UK retail sales slowed in September as the “high cost of living continues to bear down on households”, according to the BRC-KPMG Retail Sales Monitor.
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News
Greggs opens first-ever cafe in Sainsbury’s
Greggs has launched its first-ever cafe in a Sainsbury’s supermarket, following on from two petrol forecourt stores earlier in the year.
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News
JD Sports given go-ahead to complete ISRG acquisition
JD Sports shareholders have unanimously approved a proposal to buy out the minority shareholders in Iberian Sports Retail Group (ISRG) as the brand strengthens its foothold in western Europe.
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News
Made.com to open in-store concession in Next
Next will open a Made.com concession later this year as part of its expansion plans for the online furniture business it bought out of administration in 2022.