All Retail Week articles in September 2024 – Page 11
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NewsRetail sales have ‘picked up’ as food drives growth
Retail sales saw a rise in August as shoppers spent more on food over summer, but the autumn Budget could mean consumers will become more cautious with spending.
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Retail Navigator AnalysisThe Perfume Shop (SWOT)
The Perfume Shop is able to benefit from parent company AS Watson’s economies of scale for sourcing and receives necessary investment to keep its proposition appealing. For instance, group digital investment has resulted in new technology increasing across the business.
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Retail Navigator AnalysisThe Perfume Shop (Financials)
Posting a “robust trading performance” The Perfume Shop sales grew 4.6% year on year to £302.4m for the year to 30 December 2023 (FY2023). In an inflationary environment, The Perfume Shop’s pre-tax profit fell 11.8% year on year to £18.6m with a pre-tax profit margin of 6.2% in FY2023 compared to 7.3% the year before.
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Retail VoiceConsumers at Christmas: The three types of festive experience in 2024
UK households are going to experience three distinct Christmases this festive period – Mail Metro Media’s insight director Luke Hand is here to explain just what that means for consumers and retailers
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GalleryLego’s latest ‘hands-on play’ store in Bristol
Lego has unveiled its latest store at Cribbs shopping centre in Bristol, which it says will be a top destination for new product launches and events.
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NewsGymshark to open first permanent store outside the UK in Dubai
Solihull-based gym and fitness retailer Gymshark is set to open its first permanent store outside the UK in Dubai as it looks to take the brand global.
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AnalysisHow Boots, B&Q, Next and John Lewis are leading the retail generative AI revolution
Few technological advancements in recent years have generated more news coverage than the advent of generative AI. For all the science-fiction headlines, though, several big retail names are already leading the way when it comes to adoption
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NewsSeasalt becomes latest fashion retailer to gain B Corp status
Cornish fashion retailer Seasalt has become the latest fashion retailer to earn B Corp certification in recognition of its “founding values and ongoing progressive approach to doing business”.
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NewsCurrys boss has called for VAT on refurbished electricals to be cut
The chief executive of Currys, Alex Baldock, has said the government should cut or reduce the VAT on refurbished electricals to keep electronics out of landfill.
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NewsMango names new ecommerce boss as it launches in 12 new markets
Fashion retailer Mango has named Marlies Hersbach as its new ecommerce executive director as it gears up to launch in 12 new markets.
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NewsMountain Warehouse snaps up US sports brand in $10m rescue deal
Outdoor specialist retailer Mountain Warehouse has bought US-based Eastern Mountain Sports (EMS) in a $10m (£7.6m) rescue deal.
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NewsRetail sector forecast to have a bumper golden quarter
For the first time since 2021, retail is forecast to enjoy a bumper golden quarter as consumers show renewed confidence in the UK economy.
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NewsM&S to trial grab-and-go coffee shops as it takes on rivals like Pret
Marks & Spencer is set to trial more grab-and-go food and drink options in its cafe as it looks to win lunchtime customers from rivals like Pret a Manger, The Telegraph has reported.
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Retail VoiceHow the Midcounties Co-operative is creating sustainable stores
Stores are retailers’ most critical assets, yet they often contribute significantly to energy consumption. For energy and sustainability teams in retail, reducing energy consumption requires understanding what drives it, as Ian Smithyman of LoweConex explains
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NewsIceland chair calls for change to ‘stupid’ retail crime laws
Iceland chair Richard Walker has called on the government to change “stupid” laws that prohibit retailers from sharing CCTV footage of shoplifters online, The Times has reported.
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NewsBirkenstock has reported a record quarter thanks to demand for ‘ugly’ clogs
German footwear retailer Birkenstock has reported a record third quarter thanks to increased demand across all regions.