All Retail Week articles in August 2023 – Page 8
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NewsAsda makes price cuts on hundreds of products
Asda is investing £23m in cutting prices on 425 branded and own-label items in a bid to help households during the cost-of-living crisis.
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NewsIkea Oxford Street store opening delayed by a year
Ikea’s debut on Oxford Street has been hit by delays as the retailer seeks to sustainably renovate the Grade II listed building formerly occupied by Topshop.
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NewsPret a Manger to double loyalty discount
Pret a Manger is set to double its Club Pret discount from 10% to 20% from September 5 for loyal customers.
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NewsNew Look partners with ZigZag to open returns kiosks
New Look has partnered with returns management platform ZigZag Global and will start to roll out return kiosks in a selection of its stores this week.
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NewsAbercrombie & Fitch raises outlook as brand positioning pays off
Abercrombie & Fitch has raised its outlook for the full financial year as it recorded a surge in sales during the second quarter, which it credits to the success of the “positioning and assortment” of its brand portfolio.
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Opinion‘Wilko’s demise doesn’t mean the death of the high street’
The collapse into administration of Wilko has been seen as symbolic of an ongoing ‘death of the high street’ as the town centres in which it mainly operates face the prospect of yet more shuttered stores – some in places where former Debenhams or Topshop stores may still stand empty since they toppled.
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NewsHMV owner Putman makes last-minute offer for Wilko
HMV owner Doug Putman has made a last-ditch offer to save troubled retailer Wilko after the company fell into administration.
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GalleryPandora opens ‘warm, welcoming and playful’ new concept store
Pandora has opened the doors to its new ‘Evoke 2.0’ concept store on Oxford Street, the brand’s third and biggest store in London’s West End.
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NewsJohn Lewis Partnership to bolster workforce with 10,000 new roles
John Lewis Partnership is to bolster its workforce as it seeks to recruit more than 10,000 people across the UK in a bid to deliver “exceptional service”.
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NewsUK consumer confidence regains momentum in August
UK consumer confidence regained momentum in August showing signs of “renewed optimism” after it had a dramatic six-point fall in July.
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AnalysisStrategy spotlight: Five ways Sephora is set to disrupt the UK market
Sephora returned to the UK in March 2023 with its first store after a nearly 15-year hiatus. What has brought the global beauty specialist back for round two and what can other retailers learn from its return?
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NewsShein unveils partnership with Forever 21
Fast-fashion retailer Shein has announced a partnership with Forever 21 owner Sparc Group, a joint venture between Authentic Brands Group and Simon Property Group, in a bid to experiment with an in-store presence for shoppers across the US.
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NewsExclusive: Uniqlo hunting for city locations to drive global growth
Uniqlo is “actively seeking opportunities” for growth, both in India and other locations around the world, as it continues to expand its global footprint, Retail Week can reveal.
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NewsClintons to close 38 stores as restructuring plan approved
Clintons will close 38 stores after an insolvency court approved a restructuring plan to avoid a complete collapse of the business, the Evening Standard has reported.
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NewsMarks & Spencer says government response on period pants tax ‘isn’t enough’
Marks & Spencer has said the latest government response to making period pants free from VAT “isn’t enough” as its Say Pants to the Tax campaign continues to gain momentum.
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NewsBoots to launch beauty-only store in Battersea Power Station
Boots will launch a new beauty-only store in London’s Battersea Power Station as it continues to invest in its beauty offering across the UK.
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NewsFood inflation falls to lowest level in a year
Food inflation in the UK has fallen to its lowest level since September 2022, while shop price inflation continues to decelerate.
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NewsGMB seeks ‘urgent meeting’ with business secretary regarding Wilko administrators
The GMB union is reportedly seeking an “urgent meeting” with business secretary Kemi Badenoch to confirm that Wilko administrator PwC is considering all bids for the collapsed value retailer.
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NewsNatura eyes sale of The Body Shop
The Body Shop’s parent company Natura & Co is reportedly eyeing a sale of the business after difficulties making the retailer more profitable.
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NewsJohn Lewis Partnership joins retailers covering VAT on period pants
John Lewis Partnership has become the latest retailer to cover the cost of VAT on period pants to ensure that period products are “affordable for all”.