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Homebase collapses into administration, with up to 70 stores acquired by CDS Superstores, owner of The Range. CDS Superstores group chief executive Alex Simpkin said the group will “continue to invest in the Homebase brand”.
Retail Navigator profiles contemporary womenswear retailer The Fold, which recently opened its Notting Hill pop-up in London amid rising sales, up 11.3% to £17.9m in the year ended 31 January 2024.
Asda’s testing of new technologies is set to help it improve the consumer experience and bolster business efficiencies. Trials include self-service returns using a ‘dop box’ and a service through which consumers can buy tobacco and vape products without needing to queue at a traditional kiosk.
Space NK reveals plans to open 10 more stores next year, as sales climb in the year to end-March 2024. The beauty retailer revealed it sales are growing across all age brackets thanks to its unique mix of brands.
New Look mandates its buying, merchandising and design teams back to four days in the office from January 2025.The retailer said the move allows it “to react quickly to trends”, amid heightened pressure from competitors such as Shein.
Tesco pilots enhanced healthcare services in its stores, stating it is “uniquely placed to help make food and healthcare accessible to our customers – and reduce some pressure on the NHS too.”
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