All International articles – Page 3
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NewsOcado Retail swings to profit as group eyes new international partners
Ocado’s joint venture with Marks & Spencer delivered a profit in the first half of the year, as group CEO Tim Steiner said the brand’s technology arm was eyeing new deals internationally.
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NewsB&M share price tanks as UK sales decline sets back turnaround efforts
B&M shares have tanked off the back of an announcement that UK like-for-like sales declined in the first quarter of the year.
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NewsWatches of Switzerland shrugs off US tariffs as profits soar
Watches of Switzerland has delivered soaring profits and revenues despite having to navigate US tariffs and “continued pressures” on UK consumers.
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NewsMorrisons plots £600m real estate deal to fund turnaround
The grocer is reportedly in discussion with a small number of parties over a potential £600m supermarket deal as it seeks the financial firepower to fund its turnaround.
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NewsM&S expands Amazon partnership in the Netherlands
M&S has increased its fashion offer available on Amazon in the Netherlands following strong sales in the region, as it looks to ramp up its international presence.
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NewsTesco taps up bankers to explore Central European business sale
Tesco is reportedly exploring a sale of its central and Eastern European operations in a move which would bring to an end its three-decade attempt to build an international retail estate.
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NewsOcado sets out Steiner succession plans
Ocado has set out plans for what it called the “next phase of its long-term leadership transition” following weeks of media speculation over the future of chief executive Tim Steiner.
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NewsClarks targets 15 to 20 new European store openings this year
Footwear specialist Clarks is targeting 15-20 new European store openings this year as it ramps up its retail and wholesale growth plans.
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AnalysisAs sales lag, is it time for Primark to hit pause on its international ambitions?
Primark experienced another quarter of softer like-for-like sales as it blamed subdued consumer confidence “across most of our markets”.
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NewsFrasers sells Malaysian Sports Direct business for over £100m
Frasers Group has agreed the sale of its interest in Sports Direct Malaysia to MAP Active for c.$150m (£113.2m).
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NewsPrimark like-for-like sales retreat in ‘challenging consumer environment’
Primark’s like-for-like sales have fallen, with the fashion giant blaming a “challenging consumer environment across most of our markets”.
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NewsApple hikes MacBook and iPad prices by 20%
Apple has said chip shortages mean it needs to increase the prices of MacBooks and iPads by around 20%, with Microsoft-owned Xbox also recently announcing prices of its console would increase.
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NewsShareholders put pressure on Ocado board to oust founder Steiner
Further pressure has been heaped on Ocado’s board to find a new chief executive to replace founder Tim Steiner, with shareholders pushing for his removal, according to reports.
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NewsUK shoppers spend nearly £5bn annually on Chinese ecommerce platforms
UK shoppers are spending almost £5bn on low-cost Chinese shopping platforms every year, according to new research from Barclays and Retail Economics.
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NewsBRC says government taking too long over changes to low value imports
The British Retail Consortium has criticised the government for taking too long to close low-value import thresholds after the government today announced it would bring forward reforms six months sooner than planned.
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AnalysisPartnership update: B&Q, John Lewis, and Tesco join retail media pilot, M&S invests in staff safety, and more
Welcome to the Solutions Spotlight partnership update: Retail Week’s round-up of the latest innovative technology and supply chain tie-ups in retail.
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NewsSuperdrug owner AS Watson launches new data-driven brand platform
AS Watson, parent company of Superdrug and Savers, has launched a new data-driven brand creation and scaling platform.
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AnalysisWhat impact would the proposed under-16s social media ban have on retail?
Following the prime minister’s announcement yesterday that he would look to implement a ban on those under 16 using social media from next spring, Retail Week looks at which retail categories would be worst affected.
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AnalysisApp tour: How Zalando’s AI-powered chatbot is changing customer engagement
With more retailers experimenting with AI in their customer offering, Retail Week analyses how Zalando’s AI-powered app is pushing the retailer forward
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NewsSigma Healthcare pulls out of Boots talks
The Australian pharmacy group said the deal would “not currently meet its strategic and capital investment objectives”.