All Retail Week articles in December 2023 – Page 6
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NewsSainsbury’s doubles own-label products in c-stores
Sainsbury’s has doubled the amount of the cheapest own-label products in its Local convenience stores this year, in a bid to offer more affordable items for customers.
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AnalysisGrey pound: which retailers are best at capturing over-50s spend?
To find out which retailers hit the mark with the older generation, CACI has used transaction data to reveal the brands that over-index with the over-50s and which Acorn consumer profile types they register with the most
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InterviewQ&A: eBay director of luxury on ‘diminishing the stigma’ of buying pre-loved
As pre-loved luxury becomes growingly more popular, eBay director of luxury Keith Metcalfe sat down with Retail Week ahead of Christmas to discuss the diminishing stigma of gifting secondhand, the importance of authenticity guarantee and why pre-loved and luxury go hand in hand
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Retail VoiceReflecting on the biggest ecommerce drivers of 2023
From delivering on delivery to winning websites, Elavon’s Michael Bosshammer takes a look at the key areas retailers should focus on for 2024
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NewsAsda faces £30m rise in debt costs as bosses grilled by MPs
Asda could have to pay increased interest payments of £30m from February as owners Mohsin and Zuber Issa’s loans become due.
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NewsAlibaba chief strengthens grip after taking over ecommerce business
Alibaba Group chief executive Eddie Wu has been named as the new chief executive of its domestic ecommerce arm Taobao and Tmall Group.
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NewsAmazon strike action to spread to Birmingham
Amazon workers at a new flagship fulfilment centre in Birmingham are set to strike in the new year, building on industrial action already seen at Coventry and Rugeley.
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NewsFrasers Group snaps up Matches in £52m deal
Frasers Group has snapped up luxury fashion retailer Matches in a £52m deal as it looks to strengthen its luxury offering and elevate its portfolio.
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Opinion‘Not just for Christmas: retail’s season of goodwill lasts all year’
Retailers may make a lot of their money at Christmas, but for them, the season of goodwill lasts all year round as they contribute in a wealth of ways to the communities and consumers they serve.
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NewsRed Sea attacks causing rising costs and increased shipping line rates
Global supply chain disruption in 2024 is a “possibility”, according to experts, as the world’s biggest shipping companies are re-routing their journeys to avoid the Red Sea.
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NewsMajestic awards employees extra festive day off
Specialist wine retailer Majestic is rewarding employees with additional time off during the Christmas and New Year period.
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NewsLidl doubles paid maternity and adoption leave
Discount supermarket Lidl will be doubling full-pay maternity and adoption leave as it looks to “set a new benchmark for others in the industry to follow”.
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NewsExclusive: Nike secures former Victoria’s Secret site for new flagship
Sportswear giant Nike has secured the former Victoria’s Secret premises at the Trinity Leeds shopping centre for its newest flagship, Retail Week can reveal.
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NewsHunkemöller names former Adidas executive as new CEO
European lingerie retailer Hunkemöller has named Brian Grevy as its new chief executive, succeeding Philip Mountford when he steps down from the role next month.
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Retail Navigator AnalysisFlannels (Overview)
Flannels forms part of Frasers Group’s Premium Lifestyle segment alongside brands such as Cruise, Van Mildert, Jack Wills, House of Fraser, Gieves and Hawkes, and Sofa.com.
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NewsRetail hopes rest on big Christmas weekend ahead of ‘new year’s chill’
Retailers are holding out hope for a last big weekend of trading ahead of Christmas Day, despite the economic outlook being decidedly gloomy.
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NewsNike plans $2bn cost savings as it posts soft sales outlook
Nike has outlined plans to make $2bn (£1.6bn) in cost savings over the next three years as demand slows and it looks ahead to a “softer” second-half sales outlook.
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NewsTemu customers risk supporting ‘forced labour’, MP warns
Customers ordering “cheap gifts” for Christmas from Chinese-owned marketplace Temu are at risk of buying items made using forced labour, an MP has warned.
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NewsNovember sales boost reflects ‘tactical’ spending ahead of Christmas
Retail sales increased in November, helped by Black Friday and “increased spending in the run-up to Christmas each year”, according to the Office for National Statistics (ONS).
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NewsScS shareholders vote through £99m sale to Poltronesofà
The £99m takeover of ScS by Italian sofa retailer Poltronesofà has been given the go-ahead after shareholders voted in favour of the deal yesterday.