All Retail Week articles in August 2023 – Page 5
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NewsB&M and Poundland in running to save Wilko
Value retailers including B&M and Poundland are eyeing possible bids for struggling retailer Wilko after it fell into administration.
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NewsHarvey Nichols CEO Manju Malhotra steps down
Harvey Nichols chief executive Manju Malhotra is stepping down from her role after less than three years in charge.
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NewsGrocery sales tick up as food inflation falls again
Grocery sales were steady in August as stubbornly high prices for food fell for another month.
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NewsHarrods sales and profits climb in post-pandemic bounceback
Luxury department store Harrods has reported strong sales and profit growth after its landmark Knightsbridge store returned to normal trading after the pandemic lockdowns.
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NewsThe Body Shop reviewing ‘every aspect’ of its business as profits hit
Cosmetics giant Natura & Co posted strong profitability driven by gross margins but said The Body Shop is ”fundamentally reassessing every aspect of its business” as profits fell.
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NewsDunelm teams up with Airtasker for furniture installation
Dunelm has launched a collaboration with gig-economy services marketplace Airtasker.
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NewsAsda credits focus on value for sales jump
Supermarket chain Asda has reported a 9.6% increase in like-for-like sales, which it credited to its “continued focus on value”.
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Opinion‘Deflation is coming – retailers must be alive to the risks’
Inflation has been making headlines for more than a year but retailers now need to be alert to the risks of deflation, warns True’s Matt Truman
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NewsEG Group offloads bundle of US convenience stores
Forecourt retail specialist EG Group is to sell a bundle of convenience stores in the US.
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NewsModerating food price rises contribute to lower inflation rate
The rate of inflation fell in July, helped by lower food price growth.
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NewsH&M launches investigation into labour abuse accusations
Swedish fashion giant H&M is investigating 20 alleged instances of labour abuse at its Myanmar garment factories.
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InterviewQ&A: Superdrug’s own-brand director Jamie Archer on democratising beauty
Superdrug own-brand director Jamie Archer talks to Retail Week about democratising beauty for all and why he thinks Superdrug is the most inclusive shop on the high street
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GalleryAsda unveils new food-to-go format ‘Asda Food Hub’
Supermarket giant Asda has unveiled a new food-to-go store concept, designed to drive footfall by “providing great quality food-to-go options at an affordable price”.
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NewsBRC warns failure to act on business rates will add £400m ‘additional pressure’
The British Retail Consortium has welcomed falling inflation but warned the government risks adding £400m additional pressures on prices without business rates freeze.
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NewsWalmart international boss Judith McKenna steps down
Walmart’s international president and chief executive Judith McKenna is retiring from her role after more than two decades with the US retail giant.
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NewsAldi to create 1,700 new jobs in the UK
Discounter Aldi is set to recruit more than 1,700 staff to its UK workforce by the end of the year as it continues to ramp up its expansion plans.
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NewsExclusive: 300 independent retailers affected by cyber attack
Up to 300 independent retailers have been struck by a cyber attack at IT supplier Swan Retail, which has affected their ability to trade online and fulfil orders since Sunday, Retail Week can reveal.
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AnalysisHow can The Body Shop reverse its fortunes as profits take a hit?
As The Body Shop reports dwindling sales in the second quarter of the year, Retail Week takes a closer look at what the bath and body retailer can do to turn the tide
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Opinion‘As the M&S-backed Lionesses march on, the retailer is in contention for the customer cup’
In the week where England’s Lionesses kicked some important goals, so did Marks & Spencer – a partner of the England women’s team.
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NewsCostco targets new UK stores as part of major expansion
Value retailer Costco has targeted 14 new UK stores over the next two years, as part of a major UK expansion.