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Exclusive: Future Stores lands on Oxford Street with debut flagship
Immersive retail start-up Future Stores has secured new premises on Oxford Street for its first flagship, Retail Week can reveal.
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Matches' suppliers left up in the air after collapse into administration
Matches’ suppliers have reportedly been left in the lurch after the retailer collapsed into administration earlier this month.
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Alibaba-owned marketplace launches livestream shopping in the UK
Alibaba-owned fashion and lifestyle online marketplace AliExpress has made its livestream shopping debut in the UK. Livestream shopping is predicted to account for up to 20% of all UK ecommerce sales by 2026.
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Exclusive: Boots rolls out Klarna payments on app and website
Health and beauty giant Boots has rolled out the use of Klarna payments from today, Retail Week can reveal.
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Wickes hails ‘robust’ year and new Solar Fast acquisition
Wickes has hailed a “robust” full-year performance, with profit before tax landing ahead of expectations. It also announced the acquisition of a majority stake in Solar Fast.
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DFS issues profit warning as ‘weaker market demand’ takes toll
Sofa giant DFS has lowered its revenue and profit guidance for the full year as “weaker market demand” takes its toll.
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Primark starts sealing shopping bags in latest bid to crack down on crime
Fashion giant Primark has started sealing up its shopping bags with blue “sold” stickers in some stores in a bid to crack down on shoplifting.
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Asda confirms staff pay rise and new benefits
Asda has confirmed its latest pay rise for retail staff, as well as the launch of two new employee benefits, as it becomes the “highest-paying traditional supermarket”.
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Amazon unveils new ‘Spring Deal Days’ Sales period
Amazon has unveiled the launch of its first spring Sales event, which is due to kick off later this week.
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Currys ups profit guidance after potential bidders walk away
Currys has upped its full-year profit guidance after it confirmed reports that both JD.com and Elliott Advisors had walked away from making potential bids to buy the retailer.
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Sainsbury’s boss apologises after deliveries cancelled over tech issues
Sainsbury’s boss Simon Roberts has been forced to apologise to customers after the supermarket giant had to cancel thousands of online deliveries due to technical issues.
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Exclusive: More than half of shoppers think supermarket loyalty prices are a scam
The majority of the British public believes that supermarket loyalty prices are a scam and that original prices have been doctored to make discounts look better, Retail Week can reveal.
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Bensons for Beds back in profit despite ‘challenging period’
Bensons for Beds has returned to an EBITDA profit, despite what it calls a continued challenging market and supressed consumer sentiment.
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Freemans launches first credit offer in 13 years
Freemans has announced the launch of a new credit offer, its first in 13 years, in a bid to continue offering value and flexibility to shoppers.
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JD.com walks away from Currys takeover bid
Chinese ecommerce retailer JD.com has abandoned its plans to put in a formal bid to takeover Currys.
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Net store closures surge across Britain
Net store closures accelerated above 2022 levels in Britain but remained lower than between 2018 and 2021, according to the latest figures from PwC and Local Data Company (LDC).
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WHSmith appoints new chief financial officer
WHSmith has appointed Max Izzard as its new chief financial officer, who will take over from Robert Moorhead.
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Ann Summers names new finance boss as John Boyle retires
Ann Summers chief financial officer John Boyle is set to exit the business. He retires after 11 years at the lingerie and sex toy retailer, and will be succeeded by Kristina Moln-Page.
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Exclusive: Next Beauty CEO exits after nearly five years
Next Beauty’s chief executive Amanda Scott has stepped down from her role at the business, Retail Week can reveal.
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Poundland to make TV advert debut
Poundland will showcase its new clothing, homewares and grocery ranges in its TV ad debut.