All Retail Week articles in April 2024 – Page 2
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GalleryNespresso opens ‘experience-first’ store in Westfield Stratford
Nespresso has reopened its boutique store in Westfield Stratford with an added focus on providing customers with an “elevated coffee experience”.
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NewsSainsbury’s launches new ‘Low Everyday Prices’ offer
Sainsbury’s is launching a new value offering to provide “market low prices” on more than 1,000 brands for customers.
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Innovation of the WeekFrom next-gen AI to Apple Vision Pro: 13 global retail innovations shaking up the industry
Here we bring you the latest quarterly roundup of 13 innovations that caught our attention over the past three months, from ways to protect store staff to Apple’s latest device and an explosion of new AI tools.
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AnalysisHow Currys became one of the UK’s most productive retailers
Currys has leapfrogged into the top five in a ranking of The UK’s Top 30 Most Productive Retailers, according to new exclusive data.
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NewsCo-op profits and sales drop as crime levels reach record high
The Co-op has reported a fall in profits and sales in the full year ending 2023 as it faced challenges due to increased levels of shoplifting and inflationary headwinds.
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NewsMytheresa circles Yoox Net-a-Porter for possible takeover bid
Luxury fashion retailer Mytheresa is reportedly among the potential bidders looking to snap up Yoox Net-a-Porter from Swiss luxury group Richemont.
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NewsRetail footfall sees ‘modest’ rise boosted by Easter weekend
Retail footfall in March increased across all destinations as the Easter weekend helped boost footfall.
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NewsAmazon to axe hundreds of jobs across AWS
Amazon is slashing hundreds of jobs across its Amazon Web Services (AWS) division.
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NewsDecathlon sales rise in ‘transformative year’
Sportswear giant Decathlon has reported a rise in sales as it revamped its global brand identity and laid “strong foundations for the future” in “a transformative year” for the company.
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NewsExclusive: Theo Paphitis hits out over business rates as footfall return lifts Ryman
Retail entrepreneur Theo Paphitis has criticised the government for a “disappointing” attitude to the industry’s importance as his business achieved improved profitability.
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Opinion‘Superdry investors face stark choice as Dunkerton takeover bid stumbles’
In the few days since everybody was feasting on Easter eggs, Superdry’s share price has shattered into more pieces than Humpty Dumpty
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NewsManzanita Capital to put Space NK up for sale
Space NK owner Manzanita Capital is in talks to appoint bankers to oversee a partial or complete sale of the premium high-street beauty retailer, Sky News reported.
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NewsThe Works shareholders vote to move to AIM
The Works shareholders have voted to move the specialist retailer’s shares from the main market of London’s Stock Exchange to its sub-market AIM.
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Opinion‘As Shein leads global fashion, there’s opportunity to differentiate on what it cannot do’
Shein became the world’s biggest fashion retailer in 2023. Retail Week data and insights director Lisa Byfield-Green considers the implications of Shein’s rise and identifies winning strategies its competitors can adopt in response
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NewsCarpetright calls in advisers to cut costs as demand slows
Flooring retailer Carpetright has reportedly drafted in advisers to help explore cost-saving measures as demand for the business has slowed.
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NewsMajestic completes rescue deal for Vagabond Wines
Majestic Wine has announced the acquisition of Vagabond Wines following its collapse into administration last month.
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NewsB&M takes aim at grocery loyalty schemes with new food campaign
B&M has introduced a new food campaign in stores and online, which seemingly hits out at supermarket loyalty schemes.
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NewsThe Body Shop administrator proposes CVA to rescue business
The Body Shop’s administrator has proposed a company voluntary arrangement (CVA) to rescue the business, according to a report outlining the struggling beauty chain’s financial position and the events leading up to its administration.
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NewsCyberattacks and fraud cost UK retail sector £11bn in 2023
The UK retail sector lost £11.3bn to fraudulent activity in 2023, according to global financial technology platform Adyen.
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NewsZuber Issa to stand down as EG Group co-CEO
Zuber Issa, co-founder of EG Group, intends to relinquish his role as co-chief executive of the petrol station empire he helped to build.