All Retail Week articles in August 2024 – Page 3
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Opinion‘What should retailers do in response to more riots in the coming days?’
Retailers have prioritised the needs of colleagues during the recent rioting and are working closely with the police and authorities to make use of the latest intelligence, says BRC chief executive Helen Dickinson
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NewsAsda owner has blamed the ‘challenging retail environment’ as revenues and like-for-likes slump
Asda owner Mohsin Issa has blamed what he called a “challenging retail environment” for falling revenues and a slump in like-for-like sales at the grocer.
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AnalysisAsda’s three new priorities to turnaround tumbling sales and evaporating market share
After a dismal set of financial results for the first half of the year, Asda has three new key priorities for the remainder of the year that it hopes will right the ship
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NewsPoundland is axing head office jobs to ‘work smarter and more efficiently’
Value variety retailer Poundland is cutting jobs across its head office in Walsall, West Midlands, as the business looks for ways to limit costs and work “smarter and more efficiently”.
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NewsCMA has started investigating Amazon’s partnership with AI start-up
The Competition and Markets Authority (CMA) has begun an investigation into whether Amazon’s £3bn investment into an AI start-up has caused less competition.
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NewsMountain Warehouse has returned to profit as it eyes Carpetright stores for expansion
Outdoor specialist Mountain Warehouse is looking to potentially take over former Carpetright stores after it reported a return to profit in the full year ending February 29, 2024. tores as it reported a return to profit in the full year ending February 2024.
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NewsShein is eyeing a warehouse in the UK ahead of blockbuster London listing
Fast-fashion giant Shein is plotting the opening of a warehouse in the UK ahead of its highly anticipated float on the London Stock Exchange, according to reports.
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NewsVinted has backtracked on delivery changes following a user backlash
Secondhand marketplace Vinted has backtracked on an update to its delivery options following backlash from users.
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NewsUnder Armour sales have fallen as it undergoes restructuring
Under Armour has reported a fall in sales in the first quarter of 2024 alongside a restructuring plan for the business.
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NewsPret a Manger gives staff body cameras after retail crime spikes
Food-to-go specialist Pret a Manger is giving staff body cameras to counter an increase in shoplifting, as well as abuse and attacks on retail workers.
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InterviewHoley crusade: Krispy Kreme boss Jamie Dunning on his mission to freshen up the brand
Krispy Kreme’s UK and Ireland president and CEO Jamie Dunning talks to Retail Week about new stores, fresh ranges and grabbing attention
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NewsAsda chair says he is ‘embarrassed’ by performance as he urges co-owner to step back
Asda chair Lord Stuart Rose has said he is “embarrassed” by the supermarket giant’s market share retreat and called on co-owner Mohsin Issa to take a step back from the day-to-day running of the retailer.
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NewsCarpetright sister business The Floor Room has collapsed into administration
Carpetright’s sister brand, which trades out of John Lewis stores, has collapsed into administration with the loss of 200 jobs.
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NewsFormer Wilko owner does not expect to help fix pension hole
The former owner of Wilko has said it does not expect to help fix the estimated £70.2m pension hole following the retailer’s collapse last year.
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NewsCard Factory is rolling out on demand delivery with Just Eat
Specialist retailer Card Factory has partnered with Just East in a move that will give customers access to cards, gifts and celebration essentials on demand.
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NewsSainsbury’s boss urges government to slash business rates to save stores and jobs
Sainsbury’s boss Simon Roberts has urged the government to slash business rates, warning that a failure to act could lead to over 17,000 shop closures over the next decade.
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NewsTesco has become the latest retailer to introduce digital product passports
Tesco’s fashion brand F&F will be introducing “digital passports” across its clothing range amid a ramped-up crackdown on sustainability by the European Union (EU), according to reports.
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NewsAmazon has teamed up with Barclays to launch a credit card
Ecommerce giant Amazon has teamed up with Barclays to launch a co-branded credit card in the UK to allow customers to earn rewards when they spend.
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InterviewQ&A: Mountain Warehouse CEO Mark Neale on getting the retailer back to its peak
As outdoor specialist Mountain Warehouse bounces back into the black with record-high sales, chief executive Mark Neale talks to Retail Week about the climb ahead for the brand to reach its peak potential.
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Retail VoiceUnderstanding Gen Z’s back-to-campus spending priorities
From the tech-savvy to the trend-conscious, UNiDAYS’ Derek Morrison explains how brands can tap into students’ spending choices to maximise engagement during the crucial pre-semester event