All Retail Week articles in January 2023 – Page 9
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News
Morrisons slashes prices on 130 items as cost of living bites
Supermarket giant Morrisons has reduced the prices on 130 items at the start of the year including bread, meat and cheese to help shoppers struggling with ongoing inflation.
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News
Food inflation leaps to highest rate on record
Food inflation has risen to its highest rate on record, accelerating to 13.3% last month, the latest figures from the BRC-Nielsen Shop Price Index have shown.
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News
Gymshark and Boden founders recognised in new year honours
Gymshark founder and chief executive Ben Francis has been awarded an MBE for services to business in the 2023 new year honours list.
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News
Aldi hails record Christmas as World Cup and festive trading boost sales
Aldi has reported surging sales as the World Cup and the festive period, combined with a flight to value driven by the cost-of-living crisis, helped deliver its “best Christmas ever”.
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News
Retail Week and World Retail Congress bought by William Reed
Retail Week and World Retail Congress have been acquired from Ascential by family-owned publishing business William Reed.
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News
Victorian Plumbing to open new £50m distribution centre
Victorian Plumbing is to open a new 544,000 sq ft, purpose-built distribution centre in Lancashire after agreeing on a 20-year lease.
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News
Hotel Chocolat teams with new partner for Japan expansion
Hotel Chocolat has entered a strategic partnership with Eat Creator Corporation to optimise the brand for the Japanese market.
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Analysis
What’s in store for 2023? Very, Primark and Kingfisher bosses predict the year ahead
In the last year, the UK has leapt from a pandemic to a political circus straight into an economic whirlwind, begging the question: what’s next? So we’ve asked the bosses of retail to predict the unpredictable and tell us the trends they think will dominate and direct the sector in 2023
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News
Free-range egg rules could be relaxed to help UK farmers compete with Europe
The government is considering relaxing the rules around what qualifies as a free-range egg to help farmers battling a record avian flu outbreak compete with the European Union.
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News
Fashion sector pays tribute to icon Vivienne Westwood
Tributes have poured in overnight from across the fashion sector following the death of the “undisputed queen of British fashion” Vivienne Westwood.
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News
The Perfume Shop hails ‘best ever’ Christmas with record number of bottles sold
The Perfume Shop has hailed the resilience of perfume as a gifting category after it sold a record number of bottles over the Christmas trading period.
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Analysis
Buys, boardroom exits and botched IPOs: retail’s biggest stories of 2022
From accounting scandals to crushing collapses, the thrills and spills of retail have provided plenty to talk about this year. As 2023 dawns, here’s our pick of the biggest eyebrow-raising stories from the industry in 2022
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News
Torrent of strikes could continue well into new year
A wave of industrial action, which has disrupted life for many including the retail sector, may continue for months to come, the TUC has warned.
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News
Joules owed more than £100m when it hit the wall
Fashion retailer Joules was nearly £114m in the red when it collapsed last month.
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News
Asos shareholders urged to rebel at AGM next month
Troubled online fashion giant Asos faces the prospect of a shareholder rebellion at next month’s AGM.
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News
Former chancellor criticises government delays on HFSS marketing ban
Former chancellor George Osborne has said he is “disappointed” the government has delayed implementing its proposed marketing ban on foods high in fat, sugar and salt.
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News
Made.com customers to be left £12m out of pocket, warn administrators
Tens of thousands of Made.com customers will collectively lose out on £12m worth of deposits made around the time the retailer collapsed into administration.
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News
Boxing Day Sales drive retail footfall resurgence
Footfall to UK retail destinations jumped 40% year on year on Boxing Day as customers hunted for bargains amid the cost-of-living crisis.
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Opinion
‘The three transformative themes creating retail opportunity’
To succeed, retailers must address climate change, digitalisation and skills, say McKinsey & Company’s Anita Balchandani and Bartosz Jesse