All Technology articles – Page 40
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News
Waterstones profits soar as post-pandemic shoppers flock to stores
Waterstones recorded an increase in full-year profits as sales soared post-pandemic.
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News
Consumer confidence shows no improvement as it drops to near-historic lows
UK consumer confidence dropped again in January and showed little signs of improvement as it reached near-historic lows.
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Opinion
‘Don’t write off the pureplays, despite a Christmas shocker’
As store shutters slammed down during lockdowns, some wrote off the likelihood of a bricks-and-mortar recovery. Now the same gloom has descended over pureplays. It was proven wrong then and it will be proved wrong now.
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News
Deliveroo profits break even despite dwindling order volume
Deliveroo has taken a step towards profitability, having broken even on EBITDA, despite dwindling order numbers across its UK and international businesses.
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News
Dunelm upgrades profit outlook as sales skyrocket
Dunelm has upgraded its profit forecast after a strong performance over Christmas saw sales skyrocket.
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News
Boohoo blames strong comparatives and long lead times for sales slump
Pureplay fashion giant Boohoo has blamed strong year-on-year comparatives and extended international delivery times for a slump in sales.
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Analysis
Coupang: What can UK retailers learn from the Amazon of South Korea?
Coupang has turned industry heads around the world, with many claiming the Korean platform has even managed to ‘out-Amazon’ Amazon. So what sets it apart? And what might UK retailers be able to learn from its example?
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News
The Edit LDN secures multimillion-dollar funding for international launch
Global trainer marketplace The Edit LDN has secured a $4.8m (£3.9m) seed round led by Regah Ventures as it accelerates growth in the US and MENA.
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Analysis
Deep dive: Are we witnessing the death of the retailer HQ?
As hybrid working, advances in technology and cost pressures make the traditional head office less viable, Retail Week asks whether its days are numbered
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Innovation of the Week
Innovation of the Week: Walmart soars ahead with drone deliveries
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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Analysis
Analysis: How retail confounded the doom and gloom to achieve a very merry Christmas
As soon as retailers’ Christmas updates started coming in, it was clear that something unexpected had happened – the festive season had been better than anticipated for many
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News
Exclusive: Marks & Spencer reshapes top digital team for next growth phase
Marks & Spencer co-chief executive Katie Bickerstaffe has “reset” her team to build on omnichannel momentum and create a more compelling customer ecosystem, Retail Week can reveal.
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Opinion
‘2023 profit fight will be won by operating model resilience and agility’
Retailers that put all their eggs in the basket of defying the gravity of industry volume decline will find the going tough and likely put their balance sheets under significant pressure, maintains OC&C’s Matt Coode
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Analysis
Five tech trends that will define retail in 2023
Which burgeoning technology will take centre stage in 2023 and what opportunities will it present for retailers? We put the question to a panel of tech experts
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News
Retailers ‘deeply dishonest’ about January Sale prices
Almost half of products were more expensive at the start of the year than in the latter half of 2022.
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Innovation of the Week
Innovation of the Week: H&M launches experimental metaverse experience
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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Opinion
‘As Amazon falters, now is the moment for omnichannel retailers to excel’
As the tech giant wobbles and footfall recovers, smart multichannel retailers have a genuine opportunity to ‘do what Amazon does not’, writes Lisa Byfield-Green
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Analysis
Analysis: Next’s Lord Wolfson – caution in 2023 but ‘light at end of tunnel’ for retailers
A profit upgrade but reduced expectations for the year ahead – what to make of Next’s Christmas update? Chief executive Lord Wolfson unpicks the trading messages
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News
Trouva acquired by personal shopping platform Re:store
Trouva, the online marketplace for independent brands, has been bought by Cambridge-based digital personal shopping platform Re:store for an undisclosed sum.
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News
Next ups profit guidance as Christmas sales beat expectations
Fashion powerhouse Next has increased its earnings guidance after a strong Christmas performance.