All Retail Week articles in February 2024 – Page 6
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NewsJoe 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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InterviewQ&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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NewsNike 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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NewsMytheresa ‘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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NewsMorrisons 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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AnalysisStaff 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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Innovation of the WeekDecathlon 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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NewsCurrys 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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NewsFarfetch 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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NewsAldi 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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GalleryWolf & 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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Supplier InsightRevealed: 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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NewsExclusive: 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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AnalysisAs 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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NewsExclusive: 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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NewsSuperdry founder Dunkerton courts US investor to take brand private
Superdry founder Julian Dunkerton is understood to be assembling an offer for a US private investor to take the struggling brand private.
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NewsLidl on hunt for investors for new store plans
Lidl is seeking investors to add a dozen new stores to its network in the UK.
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NewsMike Ashley could play kingmaker in Currys deal
Retail tycoon Mike Ashley could be set to play a pivotal role in the Currys bidding war after buying up shares last year.
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NewsExclusive: Pets at Home appoints new retail chief operating officer
Pets at Home has appointed Anja Madsen as its new chief operating officer, retail, from April 2024, Retail Week can reveal.
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NewsThe Body Shop UK store closures begin as administrators take charge
The Body Shop is set to close approximately half of its UK stores and cut 40% of head office jobs as administrators announced a plan to restructure the business in the country.