All Retail Week articles in April 2024 – Page 6
-
NewsB&M racks up 10% growth as shoppers seek out savings
B&M group sales have grown to £5.5bn as budget-conscious consumers continue to hunt for savings.
-
NewsMarks Electrical posts record full-year sales
Marks Electrical revenue has reached a record £114.3m, despite an electronics slow-down and low consumer confidence for big-ticket items.
-
NewsDr Martens CEO to depart and warns of ‘worst case’ 2025 scenario
Dr Martens said there was a “range of potential outcomes” for FY25 – including a potential “worst case scenario” if sales in the US flounder.
-
NewsSosandar sales climb as it targets first physical stores
Sosandar’s revenue has reached £46.3m as it eyes locations for its first physical stores.
-
InterviewJulian Dunkerton: Back my Superdry survival plan or the business dies
Superdry boss Julian Dunkerton says his proposals are the only way to give the embattled fashion retailer a shot at ‘rebirth’. But is it all too little, too late?
-
NewsMorrisons launches AI-based loyalty card feature in UK first
Morrisons is launching a new feature under its Morrisons More Card loyalty scheme which uses AI to personalise offers to each customer.
-
NewsMatalan adds 17 new brands and gets more inclusive on sizes
Matalan has launched 17 new third-party brands and extended its sizing options, strengthening its “commitment to bring customers better choice, style and value”.
-
AnalysisWill ex-Morrisons men make Poundstretcher another shrewd buy for Fortress?
Last week, it was announced that Majestic Wine and Punch Pubs owner Fortress had acquired discount retailer Poundstretcher, along with a new leadership team made up of ex-Morrisons staff.
-
NewsGetir weighing asset sales as part of restructuring talks
Getir, one of the world’s largest rapid-delivery grocery platforms, is weighing a string of asset sales as part of a restructuring of the business after its valuation plummeted.
-
NewsAlibaba launches business academy for female entrepreneurs in Europe
Alibaba.com has launched its Academy for Women Entrepreneurs (AWE) in Europe to champion gender equality and female entrepreneurship.
-
NewsAsos sales continue to fall as it appoints new CFO
Asos has reported another slump in sales but says it will meet profit guidance for this year as it introduces a new chief financial officer.
-
NewsShein executive distances retailer from ‘labour practices’ concerns
A senior Shein director has maintained that technological prowess rather than supply chain working conditions have driven the pureplay fashion giant’s success.
-
NewsInflation rate reaches lowest level in over two years
The rate of inflation has fallen to its lowest level in two-and-a-half years, according to the latest figures by the Office for National Statistics.
-
NewsHarvey Nichols poaches new chief executive from Alexander McQueen
Harvey Nichols has poached former Alexander McQueen regional president Julia Goddard to be its new chief executive officer.
-
NewsAdidas increases profit guidance as sales exceed expectations
Global sportswear giant Adidas has increased its full-year profit guidance after its performance exceeded expectations in the first quarter of 2024.
-
GalleryParis flagship stores – Sephora, Galeries Lafayette, JD Sports and Etam
Take a tour of some of the French capital’s latest retail openings, including Sephora and JD Sports, as well as the world-famous Galeries Lafayette department store
-
NewsLVMH revenue slips in ‘uncertain’ global market
Luxury retail group LVMH has posted a slight decline in overall reported revenue growth as it continues to trade in an “uncertain” geopolitical and economic environment.
-
NewsTrouva acquired for third time in two years
Trouva has been bought by Fy!, the third time the brand has changed hands in two years.
-
Opinion‘Asos and Superdry will remain fashion victims unless they win back customers’
While Asos and Superdry can tinker with things behind the scenes as much as they like, neither brand seems able to articulate how they plan to go about attracting new customers or winning old ones back.
-
NewsBP to roll out body cameras at stores with ‘higher levels of crime’
BP has said it is continuing to invest in the security of its retail staff through the rollout of body-worn cameras in stores facing “higher levels of abuse and crime”.