All Retail Week articles in February 2023 – Page 4
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NewsThousands of retail jobs lost in ‘brutal’ start to year
UK retailers have cut almost 15,000 jobs since the start of 2023, according to the Centre for Retail Research.
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Retail VoiceThree priorities for tech leaders
With the sands of retail shifting rapidly, Netpremacy takes a look at what this means for technology leaders, where their priorities lie and what their investment strategies look like for 2023
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Innovation of the WeekInnovation of the Week: Holland & Barrett launches DNA testing service
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsShopify profits and revenue jump off back of new initiatives
Ecommerce platform Shopify has recorded an increase in profit and revenue for the fourth quarter and full year in 2022, driven by “new strategic products”.
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GalleryStore gallery: Inside sofa brand Loaf’s biggest showroom yet
Sofa brand Loaf has selected Edinburgh for its ninth store – its first in Scotland and its largest location to date.
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DataUK retail sales inch up in January
UK retail sales started the year positively, following a dip in December, according to the latest figures from the Office for National Statistics.
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NewsNew Look puts hundreds of jobs at risk at lead distribution centre
New Look could be making redundancies of more than 500 jobs after reports that it shut down night shifts at its lead distribution centre in Lymedale, Newcastle-under-Lyme.
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NewsAldi to hire 6,000 new staff across the UK in 2023
Discounter Aldi has pledged to recruit 6,000 new staff across the UK this year.
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NewsIn the Style founder Frisby wins High Court case
In The Style founder Adam Frisby has won a High Court battle with Paul Clements – who claimed the In The Style brand name and concept was his creation.
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AnalysisThe Disruptors: Five brands transforming house and home
From fast wallpaper to curtain-measuring apps and build-it-yourself cork walls, Retail Week looks at five brands taking an innovative approach to homewares
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NewsBoohoo unveils new growth plan as it chases £5bn market cap
Pureplay fashion giant Boohoo has unveiled a new growth share plan in the wake of a “significantly decreased market capitalisation”.
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NewsIkea launches in-store AR game with Meta
Ikea has helped to develop a new augmented reality (AR) experience that teaches customers about marine life and sustainability.
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NewsThe Perfume Shop freezes prices on bestsellers until 2024
The Perfume Shop is putting a prize freeze on 138 of its bestselling fragrances until 2024.
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NewsMorrisons’ credit rating downgraded by Moody’s
Morrisons’ credit rating has been downgraded by Moody’s following poor sales and profits.
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NewsWilko to cut hundreds of jobs as it restructures to stabilise business
Wilko plans to axe more than 400 jobs as it restructures after a fall in sales and a struggle to bounce back after the pandemic.
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Opinion‘Does Tile Giant administration signal the end of the DIY boom?’
After a phenomenally busy period when everybody became Handy Andy or Andrea and painted the walls rather than climbed them during the depressing days of lockdowns, things are looking trickier as the consumer mentality shifts from DIY to done-IY.
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AnalysisHow Dunelm is making itself at home in a volatile market
Homeware and furniture retailer Dunelm’s total sales are 43% higher than they were pre-pandemic in the first half of 2020. So what is it doing to deliver growth when its rivals have struggled?
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NewsGymshark taps fitness influencer for new creative director role
Gymshark appointed bodybuilder David Laid to its newly created role of creative director, lifting.
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AnalysisHow homegrown sportswear brand Castore plans to take on the global giants
Manchester-based sportswear brand Castore has been growing persistently since its launch in 2015. With talks ongoing with lenders over raising a further $200m, Retail Week analyses how it is looking to take on some of the biggest names in sportswear