All Retail Week articles in January 2023 – Page 5
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NewsReiss expects record profit after strong Christmas
Fashion retailer Reiss has reported strong Christmas trading as sales surged in stores and online.
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NewsMatalan lenders pledge £100m of new investment after seizing control
Matalan’s lenders have taken over the ownership of Matalan after a prolonged corporate battle with former chair and co-founder John Hargreaves.
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NewsFortnum & Mason toasts ‘successful’ Christmas after returning to profit
Fortnum & Mason has capped a year where it returned to profitability with strong sales performance over Christmas.
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NewsExclusive: Air fryer prices rocket by up to 90% in the past year
Air fryers have soared in price over the past year as demand for low-energy home appliances grows during the cost-of-living crisis.
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Retail VoiceHow data can shine a light on supply chain visibility
With sustainability continuing to climb the retail agenda, Altruistiq’s Saif Hameed and Sir Ian Cheshire examine what more businesses can be doing.
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NewsOcado optimistic about yearly sales growth after flat quarter
Online grocer Ocado expects sales to improve later this year after a flat performance in its fourth quarter.
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NewsTHG reports record sales and acts to improve profitability
THG, the online group that owns a raft of health and beauty brands, has posted record annual sales of £2.25bn but warned on earnings.
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NewsQuiz sales rise as shoppers snap up occasionwear
Fashion retailer Quiz has reported a strong sales increase over Christmas when consumers bought party gear as they celebrated a festive period free of pandemic restrictions.
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NewsThe Edit LDN secures multimillion-dollar funding for international launch
Global trainer marketplace The Edit LDN has secured a $4.8m (£3.9m) seed round led by Regah Ventures as it accelerates growth in the US and MENA.
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NewsNaked Wines increases profit guidance following ‘solid festive trading’
Naked Wines has increased its full-year adjusted EBIT after a solid trading period in the quarter ending December 26.
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NewsJollyes delivers 'all-time high' Christmas as shoppers pamper pets
Pets retailer Jollyes posted record Christmas sales across stores and online as a result of increased demand from shoppers pampering their animals despite financial pressures.
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NewsSephora returns to the UK with new London flagship store
Sephora has announced its return to the UK and the opening of its London flagship store years after its British store closures in 2005 as it combines the use of “human touch and technology” for UK shoppers.
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NewsBurberry strengthens leadership with new executives
Giorgio Belloli and Delphine Sonder have been appointed to Burberry’s newly created roles of chief digital, customer and innovation officer and chief merchandising officer, respectively, with immediate effect.
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NewsHammerson proposes workplaces over retail at former John Lewis Grand Central store
Hammerson has submitted plans to repurpose a former John Lewis department store in Birmingham’s Grand Central shopping centre into “modern wellbeing-designed offices”.
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NewsIceland MD Richard Walker takes over as executive chair
Iceland managing director Richard Walker has been named as the new executive chair of the retailer, taking over from his father Sir Malcolm Walker.
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NewsExclusive: Kingfisher tech chief to leave as ‘next phase of digital journey’ begins
Kingfisher chief digital and technology officer JJ Van Oosten is leaving the DIY giant, Retail Week can reveal.
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AnalysisAnalysis: After festive footfall miracle, is bricks-and-mortar having a renaissance?
As a fuller picture of Christmas trading begins to take shape, it is emerging that retailers with stores fared better. Is bricks-and-mortar back for good, or will a new year bring new headaches?
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NewsCurrys confident UK performance will offset decline in international arm
Currys’ revenues fell over the festive period, although the retailer’s UK and Ireland business delivered better-than-forecast results to offset issues internationally.
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NewsWHSmith in ‘strongest ever position’ as international travel opens up
WHSmith is in its “strongest ever position as a global travel retailer” after travel revenues across its UK and international travel businesses soared.
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NewsAldi increases base rate of pay for warehouse workers
Discounter Aldi has raised the base rate of pay for its warehouse workers by 20%, following on from an increase for store staff earlier in the month.