All Retail Week articles in September 2024 – Page 5
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News
British Fashion Council CEO to exit after 16 years
British Fashion Council (BFC) chief executive Caroline Rush CBE is set to exit after 16 years at the helm.
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News
Ocado Retail lifts its sales guidance after a ‘strong’ quarter
Online grocery giant Ocado has increased its full-year revenue guidance as a result of “strong performance” as it continues making moves as “the UK’s fastest growing grocer”.
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News
Next ups its full-year guidance again due to surging sales and new ‘avenues of growth’
Next has upped its guidance for the full year to January 2025, with profits now anticipated to reach almost £1bn, as sales and profits at the fashion giant have surged once again.
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Video
John Lewis premieres ‘Never Knowingly Undersold’ ad in early start to Christmas campaign
Department store business John Lewis has unveiled the first in a series of golden quarter adverts, designed to highlight its value-for-money stance and ignite affection for the brand’s “rich heritage”.
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News
Footasylum profits and sales have soared after a ‘record’ year
Sportswear retailer Footasylum has reported another “record” year of profits and sales helped by its ongoing store expansion strategy and enhanced omnichannel retail technology.
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News
Landlord Hammerson has sold its Bicester Village stake for £1.5bn
Hammerson has completed the £1.5bn sale of its joint venture in Bicester Village to a newly created private equity firm.
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Opinion
‘Mohsin Issa’s Asda departure paves the way for Lord Rose to bring much-needed stability’
With Asda sales tanking and its market share in free fall, Mohsin Issa stepping down from running the business finally paves the way for new leadership to bring a semblance of stability back to the business, writes news editor Hugh Radojev
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News
Frasers to open 12 new stores in Europe as part of latest acquisition
Frasers is set to open 12 new stores in Belgium, the Netherlands and Luxembourg (Benelux) as it announced a series of strategic acquisitions and partnerships to boost international expansion.
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News
Rose steps up at Asda as co-owner Mohsin steps down
The supermarket today announced that co-owner Mohsin Issa would be relinquishing his executive role to focus on EG Group.
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Gallery
Dyson has unveiled its second store in New York
Dyson has opened the doors to its second store in New York, equipped with tech and products for customers to try out.
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News
Carpetright customers owed £8m in outstanding orders
Carpetright owes nearly £8m in outstanding orders to 21,000 customers with the majority of them expected not to be refunded, the company director’s statement of affairs revealed.
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Opinion
‘Plenty of lessons can be learned from unusual Tesco fire and rehire court case’
There are a number of lessons to be learned from the Supreme Court’s ruling against Tesco’s practice for firing employees and re-hiring them under new contracts.
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Interview
Q&A: Glamify Fashion founder on creating a brand for customers living ‘a champagne lifestyle on a lemonade budget’
As Glamify Fashion plots further pop-ups across the UK, founder Ashley Ali speaks to Retail Week about the importance of physical retail, navigating return rates and overcoming the negative connotations of fast fashion
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Retail Voice
Six ways that AI could transform retail
Want to know how AI advancements could bring more joy and confidence as well as reduce regret in customer journeys? Google’s Sarah Ashley and Wired Consulting’s Charlie Burton offer a glimpse into the newly launched report Upgrading How We Buy
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News
Co-op has launched a 24-hour grocery delivery service as demand rises
The c-store specialist retailer has launched a 24-hour grocery delivery service in city-centre stores across three major cities as demand for quick commerce increases.
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News
AllSaints profits have surged in another ‘record’ year
Fashion retailer AllSaints has reported yet another “record” year as profits and sales are up and it remains “confident as ever” in future growth.
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News
Pret sales have hit £1bn for first time as international business thrives
Pret a Manger has reported sales of more than £1bn for the first time as appetite for the coffee chain outside of the UK ramps up.
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News
Experiential high streets and social media are set to drive footfall over golden quarter
Experiential high streets and social media are set to drive retail footfall over peak season, according to MRI Software’s outlook shared exclusively with Retail Week.