All Retail Week articles in February 2024 – Page 7
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NewsTesco to display unit prices alongside Clubcard offers in stores
Tesco will now show Clubcard Prices per unit alongside the total price in a move the grocer said it had been “planning to do for some time,” according to UK chief executive Jason Tarry.
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NewsShopify bolsters EMEA leadership team with new appointments
Ecommerce giant Shopify has announced new leadership changes to its Europe, Middle East and Africa division as it aims to drive growth across the region.
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NewsLargest Currys shareholder warns of ‘problem’ in UK equity market
Currys’ largest shareholder Redwheel has supported the board’s decision to reject an initial offer from Elliott Advisors and said the offer “highlighted a wider problem with the UK equity market”.
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NewsSainsbury’s and Costa Coffee to open in-store cafes
Sainsbury’s and Costa Coffee have announced a partnership to open 11 new in-store cafes in 2024.
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Opinion‘We may be on the cusp of emerging from a final act of austerity’
There could well be light at the end of the tunnel for retailers, believes OC&C’s Matt Coode
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NewsWalmart posts ‘strong’ sales growth driven by omnichannel model
US retail giant Walmart has reported “strong” revenue growth in its fourth quarter as consumers shopped both in-store and online and ecommerce sales surpassed $1bn (£790m).
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NewsExclusive: BP poaches former M&S director for new convenience role
BP is bolstering its retail team with the appointment of former Marks and Spencer franchise director, David Phillpot, Retail Week has learned.
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NewsPepco to exit Austrian market
Discount retailer and parent company of Poundland, Pepco, has announced that it will exit the Austrian market after just over two years in the country.
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NewsAsos names new executive vice-president of digital product
Fashion giant Asos has named Anthony Ben Sadoun as its new executive vice-president of digital product, effective from February 26, 2024.
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NewsAldi pledges to create over 5,000 new jobs in 2024
Aldi has said it will create thousands of new jobs across the UK this year, as it plans to “continue growing at speed” in 2024.
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NewsExclusive: Hirestreet unveils new strategy in ‘turning point’ for UK fashion rental
Rental marketplace Hirestreet has unveiled a new way for customers to rent fashion items as part of its new strategy and website launch, as well as unveiling a new rewards scheme, Retail Week can reveal.
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NewsWHSmith and Holland & Barrett urge Body Shop employees to apply for jobs
Retailers including WHSmith and Holland & Barrett are offering roles to employees affected by store closures and redundancies announced by The Body Shop.
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NewsSecret Sales hails ‘exceptional’ year
Premium non-full-price marketplace Secret Sales has posted an “exceptional” year of growth and confirmed plans to ramp up its expansion strategy in 2024.
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NewsAsda workers ‘fed up’ with working conditions as GMB accuses bosses of ‘cost cutting’
The GMB union has said Asda workers are “fed up” with working conditions as supermarkets in Wisbech, Brighton Hollingbury and Brighton Marina are currently voting on whether to take strike action.
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NewsCroydon shopping centre boosted by 12 new signings
Croydon shopping centre Centrale & Whitgift has announced 12 new signings as owner Unibail-Rodamco-Westfield says demand from occupiers is at an “all-time high”.
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NewsGymshark announces new premium athleisurewear range
Gymshark posted a rise in sales for the full year ending July 2023, which the retailer said was “underpinned by the relevance and quality of our product” and “the resonance of our brand”.
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AnalysisAs strike threat deepens, what could spreading industrial action mean for Asda?
Industrial action in sectors such as retail, the NHS and transport has been rife over the past couple of years and Asda is the latest chapter in the saga
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Opinion‘Currys shareholders should hold out for a valuation that reflects long-term prospects’
For pretty much as long as China’s economic star has been in the ascendant, there has been speculation that one of its new generation of digital retail powerhouses might move to swoop on a venerable UK name.
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NewsTesco launches media partnership with Vauxhall Motors
Tesco has launched a new media partnership with Vauxhall Motors allowing the car manufacturer to advertise products through channels within the Tesco Media and Insight portfolio, including social, digital and connected TV, as well as in-store radio and Tesco magazine.
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NewsUK consumer confidence falls but optimism for year ahead remains
Consumer confidence took a dip in February as the UK entered recession, but the outlook for the next 12 months remains sturdy as consumers continue to spend despite the cost-of-living crisis.