All Retail Week articles in February 2024 – Page 5
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News
Exclusive: Over 2,000 jobs at risk as The Body Shop’s European businesses left in limbo
The Body Shop’s businesses across continental Europe are in danger of collapsing, leaving the fate of thousands of jobs and hundreds of stores in multiple countries in the balance.
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Analysis
As JD.com and Elliott eye a potential takeover, what does the future hold for Currys?
The starting gun has well and truly been fired in the race for a takeover of UK electricals retailer Currys, with reports emerging that US investment firm Elliott and Chinese ecommerce giant JD.com are both mulling bids
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News
Exclusive: Reserved confirms new London store as it ramps up UK expansion
Polish fashion retailer Reserved, which is owned by clothing conglomerate LPP, is set to open its fifth store in the UK later this year.
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Supplier Insight
Revealed: Two-thirds of retailers are using AI to drive personalisation
Almost two-thirds of retailers are already using AI to enhance personalisation, despite cost reductions being a key focus for IT leaders this year.
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Gallery
Wolf & Badger ‘redefines retail experience’ with London flagship
Fashion, homewares and accessories retailer Wolf & Badger has opened the doors to a new London flagship on Berwick Street in Soho.
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News
Aldi slashes prices on fresh fruit and vegetable range
Aldi has slashed prices across its fresh fruit and vegetable range as Morrisons becomes the latest supermarket to launch a price match scheme for the discounter.
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News
Farfetch to cut up to 30% of workforce as Coupang takes over
Farfetch is set to cut up to 30% of its total workforce as global ecommerce retailer Coupang takes ownership, Drapers has reported.
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News
Currys rejects ‘significantly undervalued’ takeover proposal
Currys has rejected a takeover proposal by US investment firm and owner of Waterstones Elliott Advisors as it “significantly undervalued” the company.
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Innovation of the Week
Decathlon launches immersive app on Apple Vision Pro
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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Analysis
Staff discounts: What do the UK’s biggest retailers offer?
Working on the shopfloor can be a tough gig. With rising incidents of crime and abuse, retailers have to look after their employees with a wealth of support as well as additional perks to drive engagement. With that in mind, we looked at the staff discounts offered by the 30 biggest retailers in the UK
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News
Morrisons revives Aldi and Lidl price match
Supermarket giant Morrisons has unveiled a new Aldi and Lidl price match on hundreds of products, having first introduced a similar scheme in 2014.
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News
Mytheresa ‘outperforms’ as luxury fashion sales grow
Luxury fashion retailer Mytheresa has hailed its sales growth during the second quarter, despite falling profits, as it “outperformed almost all competitors” and the demand for luxury fashion goods edged up.
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News
Nike to cut jobs as part of cost-saving measures
Global sportswear giant Nike will cut nearly 2% of its total workforce as it looks to reduce costs after predicting slowing demand and “softer” sales in the second half of the year.
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Interview
Q&A: Dr Martens chief product officer on getting the brand’s strategy back in-step
With fashion retailers battling more than ever to win consumer spend, Dr Martens chief product officer Adam Meek sat down with Retail Week to discuss the brand’s strategy moving forward, how it is stepping up its game when it comes to innovation and the importance of staying true to its core products
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News
Joe Browns names new chief executive
Fashion retailer Joe Browns has named Dawn Bannerman as its new chief executive with immediate effect.
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Gallery
Miniso opens largest UK store to be 'vibrant hub of joy'
Chinese lifestyle retailer Miniso has opened its largest UK store in the heart of Camden, showcasing its extensive range of beauty, toys, general merchandise, tech and food.
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News
Retail sales rebound but recession worries loom
Retail sales grew in both volume and value across all subsectors except clothing in January, rebounding after December’s fall, according to the latest Office for National Statistics retail sales data.
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News
Asda faces strike threat at three more supermarkets
Staff at three more Asda stores are set to vote for strike action as the GMB said the supermarket staff were ”forced to do more work with fewer colleagues and worsening health and safety standards”
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Opinion
‘The Body Shop’s plunge into administration leaves a bad smell’
The early new year often brings retail administrations, and so it has sadly proved for The Body Shop’s UK business.
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News
Farfetch boss steps down amid Coupang takeover
Farfetch boss José Neves is set to step down from his role as chief executive at the luxury fashion retailer, according to reports.