All Retail Week articles in August 2023 – Page 6
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NewsRetailers prepare for sales boost ahead of women’s World Cup final
Retailers including Waitrose, John Lewis, Asda, Marks & Spencer and Boohoo are expecting a boost in sales as football fans prepare for the Women’s Fifa World Cup final on Sunday.
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NewsWalmart raises profit outlook as US consumers focus on value
US retail giant Walmart raised its profit outlook on Thursday, as stubbornly high prices and customer flight to value saw it grab market share in grocery and general merchandise.
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NewsRetail sales fall in July as wet weather takes a toll
Retail sales fell in July compared with a steady rise in June as wet weather took its toll, according to the Office for National Statistics (ONS).
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NewsFarfetch sales dip as brand platform faces challenges
Farfetch has reported declining sales and profit, “primarily driven by a 42.2% decrease in brand platform revenue”.
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NewsPrimark and Tesco join M&S in ‘Say Pants to the Tax’ campaign
Primark and Tesco are the latest retailers to join the Say Pants to the Tax campaign launched by Marks & Spencer and Wuka calling on the government to make period pants free from VAT.
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News‘Genuine grounds for hope’ on Wilko, GMB union believes
There are “genuine grounds for hope” that a buyer will take over all or part of bust retailer Wilko, according to the GMB trade union.
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NewsH&M confirms plans to ‘phase out’ operations in Myanmar
Fashion giant H&M has confirmed plans to “phase out” its operations in Myanmar following reports of labour abuse in its garment factories.
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GalleryLululemon opens newly renovated store in Hong Kong
Global athleisure brand Lululemon has opened the doors to a newly renovated store in Hong Kong at the city’s IFC mall.
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NewsMorrisons unveils ‘first of its kind’ NHS partnership
Morrisons has become the first UK supermarket to introduce cancer awareness messaging and advice on its underwear labels through its “first of a kind” partnership with the NHS.
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Innovation of the WeekFrom metaverse beauty tie-ups to rental housing – 18 innovations changing retail
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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AnalysisBoots vs Superdrug: battle of the high street health and beauty heroes
As they continue to innovate both on- and offline and right-size their store estates, both retailers’ financial upward trajectories are expected to gain momentum. But which health and beauty retailer will emerge victorious when we put them head to head?
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Opinion‘Fashion stands out as signs bode well for retailers this Christmas’
Categories such as fashion look well positioned for success as the golden quarter nears, believes PwC’s Lisa Hooker
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NewsWilko £48m warehouse sale raises speculation
Wilko sold its flagship depot in a “controversial sale and leaseback deal”, which reportedly indicates the embattled retailer passed up on as much as £40m in a bid to stay afloat.
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NewsWaitrose and John Lewis offer police free coffee to crack down on crime
Waitrose and John Lewis have started offering free hot drinks to on-duty police officers in a bid to crack down on crime such as shoplifting and violence against staff in its stores.
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NewsMarks & Spencer chief digital and technology officer to depart
Marks & Spencer chief digital and technology officer Jeremy Pee is reportedly exiting the retailer a few months after “being given an expanded role”.
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NewsAmazon introduces new charges for Prime members
Amazon will begin charging its Prime members for same-day delivery on selected orders from next month in a bid to “improve the service”.
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NewsTesco to cover VAT cost on period pants
Tesco has become the first retailer to cover the cost of VAT on period pants following an industry-wide campaign calling on the government to reclassify the item as a period product to make them “more affordable” for customers.
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NewsBRC warns bottle-recycling scheme may cost retailers £1.8bn a year
Retailers are calling on the government to review plans to introduce a bottle-recycling deposit return scheme (DRS) that may cost the sector at least £1.8bn a year, according to new research from the British Retail Consortium.
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NewsSuperdrug to employ 500 people with new apprenticeship scheme
Superdrug has announced plans to employ 500 apprentices as part of its ‘Rise Up to Level Up’ campaign aimed to increase apprenticeship employment across the UK.
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DataRanking: The top 25 coolest retailers in the UK, according to children and teens
You could be building your turnover, growing your market share and increasing your profits, but does any of that matter if you’re not down with the kids? The definitive ranking of retailers and brands that children and teens deem to be cool has been released, and it seems some unexpected brands have struck a chord with the nation’s youngsters