All articles by Caoimhe Gordon – Page 7
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News
AO slashes profit guidance as product shortages batter festive forecasts
AO has swung to a loss and slashed its full-year profit guidance after ongoing supply chain disruption and the HGV driver shortage battered its golden quarter expectations.
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Gallery
Store gallery: Fabletics unveils first UK store with interactive London pop-up
Activewear brand Fabletics has opened its first UK store, an experiential pop-up on Regent Street.
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News
eBay predicts small businesses poised to profit from supply chain crisis
eBay has revealed that small businesses are likely to benefit from consumer uncertainty about stock and supply chain problems this Black Friday and festive season.
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News
Naked Wines returns to profit as it stockpiles booze ahead of Christmas
Naked Wines has bounced back into the black and increased its stock levels as the pureplay prepares for its “largest holiday season” to date.
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News
M&S chair Norman warns EU trade plans on Northern Ireland will increase red tape
Marks & Spencer chair Archie Norman has issued a fresh warning to the government amid fears that EU proposals on the transit of goods to Northern Ireland will increase friction and cost for businesses.
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News
Amazon to stop accepting Visa credit cards in UK
From next year, Amazon will no longer accept Visa credit card payments on its UK site.
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Gallery
Store gallery: First WHSmith and InMotion combined store touches down at Stansted
WHSmith has unveiled its latest travel store format: a combined WHSmith and InMotion store at London Stansted Airport.
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News
Alibaba Singles Day sales growth slows to lowest ever rate
Alibaba has posted an increase in sales at its annual Singles Day shopping extravaganza, but growth slowed to its lowest rate since the festival began more than a decade ago.
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News
Boots, B&M and Halfords see early Christmas demand surge
Boots, B&M and Halfords are all seeing consumers preparing for the festive season earlier than ever, with sales in some Christmas categories outpacing pre-pandemic levels.
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News
Marks & Spencer profits climb as food sales surpass pre-pandemic levels
Marks & Spencer has reported a return to profit in its half-year results and upgraded its full-year outlook as boss Steve Rowe heralded “the hard yards” of its ongoing transformation as the driving force behind its strong performance.
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News
Halfords updates outlook as profits and sales surge
Halfords has reported strong growth in both its retail and autocentre divisions, prompting the retailer to upgrade its full-year profit forecast.
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News
Gymshark founder quashes ‘imminent’ IPO plans despite soaring revenues
Gymshark chief executive and founder Ben Francis has quashed rumours of an upcoming stock market flotation, despite doubling sales year on year.
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News
JD Sports to launch investigation into covert filming of chairman
JD Sports have begun an investigation into who was behind the filming of a meeting between the company’s chair Peter Cowgill and Footasylum boss Barry Bown at a car park in July.
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Video
Watch: Amazon focuses on the gift of kindness in Christmas advert
Amazon has unveiled its Christmas advert which features a preview of a new song from Adele’s upcoming album.
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Analysis
Analysis: Ready shopper one – how the metaverse will change how customers shop
When Facebook revealed its intention to rebrand the group as Meta in October, the announcement catapulted both the term and concept into public discourse. Retail Week examines what the metaverse is and the opportunities that the next chapter of virtual living holds for retail brands.
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News
JD Sports lambasts CMA as regulator orders sale of Footasylum
JD Sports has hit out at the competition watchdog after a final ruling ordered the retailer to sell the Footasylum business it acquired back in 2019.
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News
Ikea warns of price increases amid supply chain challenges
Ikea has said it expects to raise prices for consumers as ongoing supply chain disruption sparks higher transport and raw material costs.
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News
Sainsbury’s posts increase in profits as market share rises
Sainsbury’s has reported an increase in profits in its half-year results as improved grocery sales drove growth in market share.
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News
Harrods swings to a loss as pandemic and Brexit take heavy sales toll
Harrods has swung to a loss after store closures during the pandemic and the impact of Brexit slashed sales in half.
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Video
Watch: John Lewis, M&S, Boots and Sports Direct launch Christmas adverts
As this year’s eagerly-anticipated festive season approaches, Retail Week takes a look at the Christmas campaigns of John Lewis, Marks & Spencer, Boots and Sports Direct.