All Retail Week articles in March 2024 – Page 4
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NewsElliott Advisors abandons Currys takeover plans
US investment firm Elliott Advisors has confirmed it is abandoning takeover plans for electricals retailer Currys.
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NewsInditex investors call for full supply chain transparency
Investors behind Zara owner Inditex are calling on the fashion giant to declare a full list of suppliers to the public to manage supply chain risks and better assess situations moving forward.
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NewsThe Body Shop files for bankruptcy in US and Canada
The Body Shop’s US and Canadian arms have filed for bankruptcy despite being profitable after the beauty retailer’s UK business went into administration last month.
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NewsPrimark unveils 9% retail staff pay rise
Fashion giant Primark has announced a pay rise of more than 9% to around 27,000 of its employees, effective from April 1.
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NewsSuperdry lines up Hilco to secure £20m loan
Embattled fashion retailer Superdry is reportedly having discussions with one of its existing lenders, Hilco, to negotiate a new multimillion-pound funding facility.
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NewsAnn Summers sales and profits heat up as shoppers return to stores
Ann Summers has posted an increase in full-year sales and profits as Halloween proved a hit and customers returned to in-store shopping.
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NewsDunelm non-exec named new customer director
Dunelm has announced that a non-exec director has stepped down from the board to take on a full-time role as the retailer’s customer director.
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AnalysisHow issues around The Body Shop’s IP will shape its future
As The Body Shop’s woes deepen and one of its international businesses after another follows the UK arm into administration, Retail Week takes a look at what role the ownership of the retailer’s IP will play in shaping the brand’s future
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NewsMango profits double as sales surpass €3bn for the first time
Mango has announced soaring profits and sales for the 2023 financial year, with sales surpassing €3bn (£2.64bn) for the first time.
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Opinion‘Recent retail volatility has created M&A bargains’
The stock market’s lacklustre interest in retail is beginning to reflect in bid activity from investors attracted by some extremely low valuations, observes Matt Truman
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NewsInditex investors push to reveal supply chain list
Inditex has been urged by investors to make its full list of suppliers public to better assess supply chain risks.
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AnalysisLIVE 2024: Catch up on the can’t-miss stories, quotes, stats and videos
Catch up on two days of unmissable content and insight from LIVE 2024 – where the brightest and most curious minds across retail and FMCG talk openly about the things that matter.
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NewsAldi raises frontline staff pay for a second time this year
Aldi has unveiled a second pay rise for colleagues this year, upping hourly rates for store assistants and deputy store managers to £12.40 outside London and £13.65 inside the M25.
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NewsAmazon UK boss Boumphrey: Gen-AI the ‘most transformational technology since the internet’
Amazon UK country manager John Boumphrey has said the generative AI will probably be the “most transformational technology for the retail industry since the arrival of the internet”.
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NewsAndy Higginson: Government should treat retail with ‘more respect’
JD Sports and BRC chair, Andy Higginson said “retail is taken for granted” as he spoke about the government’s role in supporting the sector at LIVE 2024.
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NewsDecathlon presents new brand identity as it revises global ambitions
Sportswear giant Decathlon has unveiled its new brand identity to push forward its “ambition to bring innovative and sustainable sport to everyone.”
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News‘Online is the new car boot sale’, says Charity Super.Mkt founder
Charity Super.Mkt co-founder Maria Chenoweth has said “online is the new car boot sale” when speaking about the role of pre-loved in the fashion market, alongside Depop, eBay and River Island at LIVE 2024.
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NewsMorrisons racks up annual loss of £1bn
Morrisons has suffered an annual loss of £1bn as it battled intense competition and laboured under the weight of debt.
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NewsZara owner Inditex posts surge in sales and profits
Fashion giant Inditex, owner of fascias including Zara and Bershka, has reported an increase in annual earnings and revenue, which it said was driven by “strong execution”.
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NewsZalando adopts new strategy designed to power growth
International fashion pureplay Zalando expects to return to growth as it follows a new strategy.