All Retail Week articles in January 2023
Browse all news stories and articles from this date or time period.
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Analysis
Five ways Shein is disrupting fashion as it posts £1bn in UK sales
In September 2023, Shein’s UK business posted £1.1bn in sales and a pre-tax profit of £12.2m in the 16 months to December 31, 2022, according to a Companies House filing. Here are the key things you need to know about this ecommerce powerhouse and how it is making waves in the fashion industry
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News
Exclusive: Marks & Spencer wins court battle with Aldi over copycat gin design
Marks & Spencer has come out on top in a legal showdown with value grocer Aldi over a seasonal ’light-up’ gin that was found to have infringed design rights.
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Analysis
Supermarket own-label: Will shoppers stay loyal when the cost-of-living crisis is over?
Own-label has amassed serious growth during the cost-of-living crisis but when the country gains a more economically stable footing, will the boom last?
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News
Shaftesbury launches partnership to improve tenant sustainability
West End landlord Shaftesbury has partnered with a sustainability monitoring company to help tenants become more environmentally friendly.
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News
Tesco buys Paperchase brand leaving future of stores and workers uncertain
Tesco has this morning snapped up stationery retailer Paperchase’s brand and intellectual property, casting a shadow over the future of its workers.
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News
Poundstretcher announces pay rise for employees as inflation soars
Poundstretcher announced that it would give a 10% pay rise to nearly 4,000 employees, effective from April 1.
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Data
Grocery food inflation hits record levels as shopping bills surge
Grocery food inflation hit record levels in the month of January, driving already sky-high shopping bills even higher and wiping out any sense of relief shoppers may have felt at the end of 2022.
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News
Tesco makes changes to stores risking 2,100 jobs
Tesco is planning a raft of changes to stores, including closing its remaining counter services and reducing store manager numbers.
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News
Wickes nets strong growth boosted by energy-saving buys
Wickes has posted strong sales growth across the golden quarter as demand for energy-saving products stabilised slowing DIY sales.
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News
Pets at Home ups profit outlook as Christmas sales rise
Pets at Home has increased FY2023 profit guidance by £5m following strong Christmas trading and has appointed a new chief consumer officer.
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News
Paperchase faces collapse as solvent rescue hopes fade
Paperchase is on the brink of collapse as hopes of a solvent rescue deal have faded.
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News
Number of UK female CEOs hits highest level on record
The number of female CEOs in the UK has risen to its highest ever level, with 13 new female bosses being appointed in 2022.
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News
Matchesfashion owner injects £60m to revive business under new leadership
Matchesfashion has announced that its owners, private equity firm Apax Partners, are set to invest £60m into the business.
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News
Asda leverages credit to offer financial support to suppliers
Asda has launched a programme leveraging its credit to provide working capital to suppliers in the face of the cost-of-living crisis.
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News
Frasers Group launches buy now, pay later scheme on new app
Sports Direct owner Frasers Group has launched a new buy now, pay later scheme via its app, having upped its stake in fashion retailer N Brown.
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News
Asos partners with Secret Sales to clear stock at discount
Asos has announced a new partnership with Secret Sales to sell a range of its products at a discounted price.
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News
JD Sports targeted by hackers in cybersecurity breach
JD Sports has warned customers to be vigilant after it was targeted in a cybersecurity hack, which may have exposed its data to fraudsters.
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News
Lidl pledges spend of £4bn with British suppliers this year
Value grocer Lidl is accelerating its spend with British suppliers this year as it positions itself as a champion of national produce.
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Innovation of the Week
Innovation of the Week: On Running launches global running series ‘On Track Nights’
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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Retail Voice
Three tips to boost in-store profits in 2023
With a whole succession of record-breaking issues hindering the retail sector, Maze’s Mark Rice examines three ways firms can look to push profits.