All articles by Caoimhe Gordon – Page 2
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News
The Works forced to close several stores following cyberattack
The Works has temporarily shut some of its shops and suspended deliveries to stores in response to a cyberattack last week that involved “unauthorised access to its computer systems”.
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News
Lush unveils 24-hour vending machine ‘micro store’
Lush has opened its first fully automated shopping experience in London, following the news that the retailer has returned to profit.
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News
Ted Baker puts itself up for sale following fresh bids
Fashion retailer Ted Baker has launched a formal sales process after receiving unsolicited bids from private equity firm Sycamore Partners and an unnamed third party.
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News
Decathlon suspends operations in Russia after calls for boycott
French sporting giant Decathlon has backtracked on its decision to remain open in Russia, citing difficulty around “supply conditions” as the reason behind the move.
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News
Superdrug unveils plans for beauty and wellness online marketplace
Superdrug has revealed its plans to launch Superdrug Marketplace, an online platform that will feature hundreds of premium and emerging brands.
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News
Very names new chief operating officer in executive team shuffle
The Very Group has revealed changes to its executive team, including the promotion of current operations director Sean Hallows to the role of chief operations officer.
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Analysis
Personalisation, promotions and payments – Boots and Farfetch on the next frontier of in-store tech
After growing accustomed to the convenience of online deliveries over the past two years, consumers now need compelling reasons to look up from their screens and retailers face a battle to bring shoppers back to physical locations. Retail Week looks at the cutting-edge tech that could help them win the fight.
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News
Fenwick unveils plans for £40m investment in Newcastle flagship
Fenwick has revealed plans for a £40m multi-year investment in its Newcastle flagship store as it celebrates its 140th anniversary.
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News
Ocado sales fall following end of Covid restrictions
Ocado has attributed a decrease in revenues to a “softening market” as restrictions eased and more customers returned to offices.
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News
Deliveroo losses widen despite soaring revenues
Deliveroo reported that losses had widened in its full-year results, with the delivery app vowing to break even in around two years’ time.
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Data
Data: New payment regulation could cost unprepared retailers £3.65m a day
Customers must now prove their identity when shopping online as two-factor authentication becomes mandatory for ecommerce in the UK.
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Data
Data: Online retail spending growth slows in February
Ecommerce sales grew at the slowest rate on record in February, facing tough comparables from last year’s figures when the UK was in lockdown.
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News
Uniqlo defends decision to remain open in Russia
The parent company of Japanese fashion brand Uniqlo has vowed to continue its operations in Russia as a wave of other companies temporarily suspend sales and shut stores.
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News
Greggs ‘stronger and better’ as profits and sales climb
Food-on-the-go specialist Greggs has recorded an increase in both sales and profits in its full-year results as easing of restrictions increased demand.
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News
Made.com losses widen amid ongoing supply chain challenges
Made.com’s losses widened as the furniture retailer reported in its full-year results that it was “adversely affected by industry-wide global freight inflation and supply chain disruption”.
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Data
Data: Retail sales grow in February as Covid restrictions end
Retail sales increased in February as categories such as furniture, homewares, fashion and jewellery recorded strong growth over the month.
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News
Walmart partners with Space NK to launch luxury beauty collection
Walmart has teamed up with British beauty retailer Space NK to launch a luxury beauty collaboration.
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Data
Data: Footfall strengthens in February following removal of Covid restrictions
Footfall rose slightly in February compared to January as more workers returned to offices and Covid-19 restrictions came to an end.
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News
Holland & Barrett Russian oligarch backers stand down from investor board following sanctions
Holland & Barrett has insisted its operations will not be impacted by sanctions placed on its Russian oligarch backers, who have now stepped down from its owner’s board.
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Data
Data: Shop price inflation grows at fastest rate in over a decade
Retail prices increased to the highest rate recorded since November 2011 last month, accelerated by a rise in fresh food inflation in February.