All Retail Week articles in March 2024
Browse all news stories and articles from this date or time period.
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AnalysisWhat does Currys’ and AO’s raised profit guidance tell us about the struggling electricals sector?
Both AO and Currys have posted impromptu profit upgrades ahead of their full-year updates this spring. Given that the electricals market has been floundering, what do the recent profit announcements tell us about the future of the sector?
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NewsAO boss calls on UK government to fix ‘broken’ youth services
AO founder and chief executive John Roberts has called on the government to fix the UK’s “broken” youth services by spending £1bn a year on youth provision over the next decade.
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NewsShop price inflation falls to lowest level since December 2021
Shop price inflation eased to the lowest level since December 2021 in March “as retailers continued to compete fiercely to bring prices down for their customers”.
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NewsDunkerton takeover bid off the cards as Superdry extends loan
Superdry boss Julian Dunkerton’s takeover bid is off the cards, despite him remaining “committed” to the business and mulling an equity raise, as the fashion retailer extends its funding facility by a further £20m.
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NewsFatFace bolsters leadership team in latest growth push
Fashion retailer FatFace has bolstered its top team and unveiled a series of changes designed to “drive future growth”, following its acquisition by Next at the end of last year.
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AnalysisJD Sports CEO Régis Schultz kicks on despite sluggish sportswear growth
As the sportswear market goes through a period of uncertainty, taking a hit from inflationary pressures, reduced consumer spending and a lack of innovation, JD Sports chief executive Régis Schultz remains confident in the retailer’s execution
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NewsBoots sales rise as market share increases for 12th consecutive quarter
Boots has reported growth in both in-store and online sales in the three months ending February 29, 2024, as it delivered a retail market share growth for the 12th consecutive quarter.
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NewsAO hails ‘good momentum’ as it expects to hit profit guidance
Electricals retailer AO said today it expects to hit its previously pledged profit guidance and surpass £1bn in sales for the full year.
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NewsJD Sports maintains guidance as sales rise
JD Sports has maintained its full-year profit guidance, hailing “good strategic progress” during the year as sales edged up.
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Report StoreFuture Leaders 2024
Discover the 30 CEOs in waiting and let us know what you think of our predictions.
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AnalysisFuture Leaders 2024: Meet UK retail’s 30 CEOs in waiting
Senior executives from Asda, Superdrug, Frasers, John Lewis, Sainsbury’s and Marks & Spencer are among the 30 names tipped to lead the country’s biggest retailers in years to come, according to Retail Week’s annual index
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NewsThe Perfume Shop strengthens leadership with two new directors
The Perfume Shop has appointed Karen Harris and Laura Wilkinson to the newly created positions of customer director and online business director, respectively, as it looks to drive growth in both online and offline channels.
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AnalysisHow significant are the new retail rules on greenwashing?
As retail giants Boohoo, Asos and George at Asda today signed formal agreements to make changes to their green claims as a result of action from the CMA, Retail Week explores the significance of this move for fashion retail.
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Opinion‘Under new management, customer complaints are music to the ears at Morrisons’
It was Microsoft tycoon Bill Gates who said “your most unhappy customers are your greatest source of learning” – now Morrisons seems to be taking the same view.
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NewsCo-op makes membership prices available for ecommerce customers
The Co-op has today announced that its members will now have access to membership prices for online deliveries from its ecommerce website.
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NewsExclusive: M&S drafts in ex-Morrisons director to top stores role
Marks & Spencer has appointed a former Morrisons retail operations boss to become its director of central store operations.
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GalleryStore gallery: LN-CC reopens colourful concept store in east London
Luxury retailer LN-CC has reopened its London store showcasing a curation of luxury fashion, streetwear and new products from emerging brands.
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NewsMorrisons hails ‘strongest’ sales growth in three years
Supermarket giant Morrisons has hailed its strongest like-for-like sales growth in three years in the first quarter of the financial year under new boss Rami Baitiéh.
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NewsExclusive: Uniqlo unveils 7% staff pay rise and rolls out new benefits
Fashion giant Uniqlo is to increase the hourly wage of its retail staff across the UK by 7%, as well as rolling out a series of new employee benefits, Retail Week can reveal.
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NewsAsos, Asda and Boohoo pledge to clean up ‘misleading’ green claims
Asos, George at Asda and Boohoo have signed formal agreements to make changes to their green claims, following action from the Competition and Markets Authority (CMA).