All Retail Week articles in January 2024 – Page 10
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News
120,000 retail jobs lost in ‘exceptionally difficult’ year
UK retailers cut almost 120,000 jobs last year and store closures reached a total of more than 10,000 in what has been called an“exceptionally difficult” year, according to the Centre for Retail Research.
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Innovation of the Week
M&S launches world-first collaboration with nutritional science company Zoe
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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Analysis
Boycotts and outcries: can retailers really get cancelled?
Brands and retailers being held accountable for their actions by customers is nothing new, but is cancel culture a real threat for retailers and can it lead to brand oblivion?
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News
Retailers fear spring price rises and shortages due to Red Sea attacks
Non-food retailers and suppliers are preparing for possible price rises and even product shortages in the spring, as the unrest in the Red Sea continues.
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Interview
Q&A: House of Hackney’s Frieda Gormley on adding Mother Nature to the board
Last month, home and interiors brand House of Hackney appointed two new board members: Mother Nature and Future Generations. Retail Week speaks to co-founder Frieda Gormley about what inspired the move, how it works in practice and the sustainability principles guiding the brand’s retail operations
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News
Exclusive: Bodycare sales rise as it eyes southern expansion
Bodycare has reported a rise in sales over the golden quarter driven by increasing margins and in-store sales as it looks to expand to the south of the UK.
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News
Union postpones Asda strike action for crunch talks
GMB has delayed strike action by Asda workers to allow for last-ditch talks between the union and the employer.
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News
Asda launches Aldi and Lidl price match in UK supermarket first
Asda has become the first UK supermarket to match both Aldi and Lidl on price across what it called a “broad range of popular everyday products”.
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News
Exclusive: Ann Summers secures £8m funding
Ann Summers has secured £8m in fresh funding in a bid to boost its omnichannel offering and drive growth, Retail Week can reveal.
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News
Tesco and The Entertainer partnership rolled out to 850 stores
Tesco and The Entertainer are to extend their partnership across the grocer’s stores in the UK and Ireland from this spring.
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Analysis
Next vs JD Sports: two very different golden quarter stories
As Next upped its profit guidance again, on the same day JD Sports issued a profit warning. Retail Week explores the differentiating factors between the two
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Opinion
‘Retail updates so far offer reasons to be cheerful in the new year’
As the Christmas decorations start to come down, the retail trading statements have started to flood in.
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News
Asda and union reach agreement for c-store and restaurant staff
Asda and retail trade union Usdaw have signed an agreement for Usdaw to “recruit and represent” hourly paid staff working in former EG Group convenience stores and restaurants recently acquired by Asda.
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News
Sainsbury’s unveils fresh £200m investment in staff pay
Supermarket giant Sainsbury’s has today announced a further £200m investment in staff pay, bringing hourly wages across the UK to £12 an hour and £13.15 in London.
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News
Boots delivers biggest ever Black Friday sales
Boots has reported strong sales and an 11th consecutive quarter of market share growth after delivering its biggest-ever Black Friday to date.
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News
Ocado slashes prices on a further 1,700 products
Ocado has added 1,700 products to its Big Price Drop today, its fifth round of price cuts since June 2023.
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News
Topps Tiles sales slip due to ‘ongoing challenges’
Topps Tiles has posted a dip in sales in its first quarter due to “ongoing challenges to discretionary consumer spending” as the cost-of-living crisis continues to take its toll.
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News
JD Sports issues profit warning after ‘soft’ peak trading
JD Sports has lowered its full-year profit guidance after revenue growth was hit by “milder weather”, “cautious” consumer spending and a peak trading season “softer” than anticipated.
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News
Next ups profit guidance again as sales soar
Next has upped its full-year profit guidance for the fifth time in eight months following “better than anticipated” full-price sales during November and December.
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Analysis
The top retailers for CX as voted for by UK shoppers
Marks & Spencer and eBay are among the businesses named by consumers in Retail Week’s How They’ll Spend It 2024 report for offering the best shopping experiences.