All Retail Week articles in April 2024 – Page 2
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News
Exclusive: Lounge accelerates expansion with debut international store
Underwear retailer Lounge is set to open its debut international store in Germany and continue its UK store rollout with a new opening in Cardiff as it accelerates its bricks-and-mortar expansion, Retail Week has learned.
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News
Co-op poaches new property boss from Lidl
The Co-op has named former Lidl executive Rachel Hargreaves as its new director of property, development and estates as part of its latest strategic growth push.
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News
Frasers Group to shut office, putting 100 jobs at risk
Frasers Group has reportedly outlined plans to permanently close its Trafford office in Manchester, putting around 100 jobs at risk of redundancy at the fashion giant.
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News
Shoplifting in England and Wales hits highest level in 20 years
Shoplifting offences recorded by police across England and Wales reached their highest level on record last year, according to the Office for National Statistics.
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News
UK consumer confidence inches up in April
Consumer confidence inched up by two points in April after remaining flat in March, reflecting the effects of anticipated tax cuts and lower inflation compared with the same time last year.
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Analysis
How Sainsbury’s is sharpening fashion and general merchandise amid ongoing food focus
As Sainsbury’s plans to expand its fresh food offering in more stores amid its ongoing food-focused strategy, Retail Week explores where fashion and general merchandise fit in and how they will benefit
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Opinion
‘WHSmith, JD Sports and Primark can successfully target a slice of American retail pie’
Retailers from this side of the pond have frequently come a cropper when attempting to expand in the US, but the signs look good for JD Sports, Primark and WHSmith judging by the retailers’ updates this week, believes George MacDonald
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News
WHSmith rolls out store-in-store tie-up with Toys R Us
WHSmith is to extend its partnership with Toys R Us to more branches following the success of the first wave of store-in-stores.
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News
London Designer Outlet posts record-breaking sales
London Designer Outlet (LDO), located at Wembley Park, has recorded its strongest first quarter ever as sales surpassed £20m for the first time.
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News
Sainsbury’s sales soar as food first strategy pays off
Sainsbury’s has reported growth in sales with record market share gains and volumes driven by a strong performance by the supermarket’s food division.
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News
WHSmith sales rise driven by growth in travel division
WHSmith has reported a growth in sales driven by strong performance by its travel division in the half-year ending February 29, 2024.
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Analysis
AI, customer experience and dream teams – the key talking points from Paris
As more than 800 retail leaders from around the world gathered to inspire and be inspired at WRC 2024, Retail Week highlights some of the key takeaways from the congress in Paris
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News
Luxury retail group Kering warns on profits as sales slide
Gucci owner Kering has warned on profits during the first half of the year as sales slipped at the luxury fashion house during its first quarter.
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News
Decathlon expands buyback service in sustainability push
Decathlon has expanded its buyback scheme that allows customers to swap or repair old sports gear in exchange for store credit to give their old items a second life.
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Gallery
US beauty brand Bath & Body Works opens first store in London
US beauty and lifestyle brand Bath & Body Works has opened its first standalone store in the capital at Westfield London shopping centre in White City.
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News
Getir raises cash to fund UK and Europe retreat
On-demand food retail platform Getir is seeking funding from investors to cover its retrenchment from Europe.
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Opinion
‘As Vinted dominates pre-loved fashion, are retailers missing a trick?’
Earlier this month, eBay scrapped seller fees on consumer-to-consumer fashion and it’s no wonder – the secondhand market for clothing is soaring. But there is one problem for established players such as eBay and Depop: the exodus of customers switching to Vinted
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Data
Revealed: The most-popular value retailers online
With the value sector remaining popular with UK shoppers, Retail Week teamed up with SimilarWeb to track which discount retailers have been seeing the most traffic to their websites over the past two years
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News
Exclusive: TK Maxx the most popular value website for bargain hunters
TK Maxx was the most-visited value retail website over the past two years, Retail Week can reveal.
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Analysis
JD Sports: Will Hibbett acquisition make its American dream come true?
JD Sports took another step towards global domination with the proposed acquisition of American sportswear retailer Hibbett in a $1.1bn deal. Retail Week explores who the latest acquisition is and where this places JD in the US sportswear market