All Retail Week articles in January 2024 – Page 9
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News
ProCook wary of Red Sea impact as Christmas trading breaks even
While ProCook said Christmas trading was in line with expectations, it remains wary of the macroeconomic environment and the impact of ongoing geopolitical supply chain issues.
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News
Greggs sales soar driven by digital channels and extended trading hours
Greggs reported a surge in sales helped by the growing popularity of the brand and ”greater availability through digital channels and extended trading hours.”
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News
Sainsbury’s sales rise as grocery volumes grow
Sainsbury’s grocery volumes increase for the fourth consecutive Christmas reflecting “great value and service” and a “positive customer response” to the grocer’s first-ever Nectar Price Christmas.
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Retail Voice
How retailers are using AI to raise revenue
The current use of AI in retail is the tip of the iceberg, and we are only starting to see how the technology can serve and transform the sector. Microsoft’s Olaf Akkerman explores how AI is being applied across the industry and what could come next
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Gallery
First look: WHSmith launches new coffee store format for UK hospitals
WHSmith has launched its brand-new hospital coffee shop format in Sheffield. It is set to be rolled out across the UK.
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News
Amazon warehouse workers set first-ever strike date at Birmingham depot
Amazon workers at a fulfilment centre in Birmingham are set to strike for the first time in January over pay and working conditions.
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News
Exclusive: London Designer Outlet Boxing Day sales hit record high
A total of 14 retailers have posted record-breaking Boxing Day sales at London Designer Outlet (LDO) at Wembley Park in the outlet’s “best trading day ever” as full-year sales also hit an unprecedented £99m, Retail Week can reveal.
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News
Exclusive: The Body Shop interim CEO exits as Aurelius takes ownership
The Body Shop interim chief executive Ian Bickley has left the business, effective immediately, as private equity firm Aurelius takes ownership, Retail Week can reveal.
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News
Boohoo eyes Leicester factory closure
Fashion giant Boohoo is mulling the closure of its Thurmaston Lane factory in Leicester and relocating its operations, according to reports.
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News
Exclusive: WHSmith appoints GXO as UK logistics partner
WHSmith has appointed GXO as its new outsourced logistics partner in the UK, Retail Week can reveal.
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Retail Voice
Insider tips to keep future shoppers coming back
No matter the demographic, shoppers’ expectations are sky-high these days, with a seamless omnichannel experience expected as standard. What can retailers do to keep future consumers happy? Worldpay’s senior director of global retail Pinar Koygun reveals all.
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News
Shoe Zone profits rise following strong key period trading
Shoe Zone has posted a rise in full-year profits after ”strong and consistent results throughout the key trading periods.”
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News
B&M sales rise on back of strong general merchandise volume
Value group B&M has reported an increase in sales over the third quarter.
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News
Retail sales see ‘sluggish’ growth
UK retail sales slowed in December as weak consumer confidence continued to hold back spending in the festive period, according to the latest BRC-KPMG retail sales monitor.
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News
Pandora hails ‘strong end’ to 2023 as trading beats expectations
Jewellery retailer Pandora has posted a “strong end to 2023” as sales during the golden quarter exceeded expectations and growth for the full year landed above guidance.
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News
Majestic raises glass to ‘best-ever Christmas’
The UK’s largest specialist wine retailer, Majestic, has toasted its “best-ever Christmas” performance, with sales jumping by 8.1% over the period.
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News
Tesco launches first double Clubcard points event in a decade
Tesco has launched its first double Clubcard points drive in over a decade.
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News
The Perfume Shop unveils £2.5m tech investment
The Perfume Shop announced an investment of £2.5m in “industry-leading warehouse automation technology” as it looks to reduce environmental impact and future-proof its distribution capabilities.
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News
Matalan commits £35m to lower prices on 700 products
Matalan has pledged to help families amid the ongoing cost-of-living crisis as it invests £35m in lower prices on more than 700 products.
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News
Oxford Street overhaul gets go-ahead to start this year
Plans to overhaul Oxford Street with pocket parks, wider pavements and better crossings have been supported by residents and businesses and are on track to begin later this year.