All Retail Week articles in April 2023 – Page 3
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NewsMarks Electrical hails strong business model as revenues soar
Pureplay retailer Marks Electrical has reported record revenue growth in its latest financial year, which it attributed to a strong business model that enhanced margin.
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NewsSosandar achieves profit for first time as partnerships drive sales growth
Sosandar has achieved its first-ever year of profitability, crediting its “robust trading performance” to the success of its third-party partnerships with John Lewis, Marks & Spencer, Next and Sainsbury’s.
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NewsPrimark launches first circular product range in latest sustainability push
Primark has launched its first-ever circular product collection in its latest sustainability push as it pledges to “give clothes a longer life”.
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NewsFreemans launches new value initiative as cost of living climbs
Online retailer Freemans has unveiled its new Everyday Value initiative in an attempt to “help families on a budget” amid the cost-of-living crisis.
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NewsSainsbury’s puts 3,000 roles into consultation in supply chain shake-up
Sainsbury’s will put 3,000 logistics roles into consultation, with the aim of transferring them across to partner organisations as part of a radical supply chain shake-up.
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NewsSports Direct becomes latest retailer to ditch print-at-home return labels
The sportswear retailer has partnered with automated parcel machine (APM) service provider InPost, dropping print-at-home return labels as it looks to adopt new technology.
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Opinion‘As Walmart automates, people still come first in retail’
Retail giant Walmart has unveiled what it described as building blocks that will “help define the next chapter of retail”.
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InterviewQ&A: Cotswold Company CEO Ralph Tucker on repair shops, store openings and the four-day week
Tucker took on his first CEO gig at premium home and furniture retailer Cotswold Company just four weeks before the pandemic hit and has steered it through several crises since
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NewsKidly turns to the crowd to raise cash for own-label range
Kidly has launched a crowdfunding campaign to invest in its own-brand range.
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NewsTesco expects flat profits amid soaring inflation pressures
Tesco has posted a fall in profit for the full financial year and forecasts flat profits in FY 23/24 as a result of “unprecedented levels of inflation”.
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NewsAsda to offer staff a paid day off for King’s coronation
Asda is to offer all hourly paid store colleagues a paid day off for the King’s coronation bank holiday on May 8.
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NewsHolland & Barrett weighs up last-minute Planet Organic bid
Holland & Barrett, which is owned by Russian-linked investment group LetterOne, may be in talks to acquire struggling grocery chain Planet Organic and other assets, Sky News has reported.
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NewsLVMH enjoys sales boom in ‘excellent start’ to the year
Luxury goods conglomerate LVMH has posted an “excellent start” to its financial year as sales boom in its first quarter despite trading in a “geopolitical and economic environment which remains uncertain”.
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AnalysisInflation, supplier relationships and loyalty – the take from Tesco boss Ken Murphy
From a chink of light at the end of the inflationary tunnel to the market share gains of discounters, Tesco boss Ken Murphy shared his thoughts on the state of play in UK grocery.
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NewsPandora latest retailer to offer pay rise for staff
Jewellery retailer Pandora has announced a pay increase for retail employees in the UK and Ireland, making this the third pay rise the retailer has offered in the past 12 months.
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NewsSuperdrug and Savers become latest retailers to offer flexible pay
Superdrug and Savers have announced new benefits to help employees manage the cost-of-living crisis, including offering early pay and partnering with financial wellbeing and digital healthcare apps.
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GalleryStore gallery: Inside PrettyLittleThing’s new ‘pink haven’ showroom
PrettyLittleThing has unveiled its new London-based showroom and office facility located in “the heart of Oxford Circus”.
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NewsJohn Lewis bids to win kidswear market share with expanded range
John Lewis hopes to seize a bigger share of the children’s clothing market with the launch of an expanded collection, including debut ranges from its new director of design for fashion, Queralt Ferrer.
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NewsAO raises profit guidance again as it recovers from struggling market
AO has issued a trading update that shows increased profit guidance ahead of the release of its full-year results in July.
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NewsDr Martens issues profit warning as LA distribution centre increases costs
Dr Martens has issued a profit warning for 2023 as ongoing issues with its LA distribution centre meant costs were “higher than initial estimates”.