All Retail Week articles in March 2024 – Page 5
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News
DFS issues profit warning as ‘weaker market demand’ takes toll
Sofa giant DFS has lowered its revenue and profit guidance for the full year as “weaker market demand” takes its toll.
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News
Primark starts sealing shopping bags in latest bid to crack down on crime
Fashion giant Primark has started sealing up its shopping bags with blue “sold” stickers in some stores in a bid to crack down on shoplifting.
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News
Asda confirms staff pay rise and new benefits
Asda has confirmed its latest pay rise for retail staff, as well as the launch of two new employee benefits, as it becomes the “highest-paying traditional supermarket”.
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Analysis
What are Next, JD Sports, Boots and BP doing to future-proof their supply chains?
Retail Week’s Supply Chain 2025 report, the fifth annual instalment since 2019, is out now. Offering a blueprint for operational success, the report explores how retailers from across the globe are building resilience.
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Gallery
Inside Liberty’s ‘first of its kind’ fragrance lounge
Luxury department store Liberty has opened doors to a “first-of-its-kind fragrance destination” in the heart of London.
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Analysis
Where does the collapse of bid interest leave Currys?
Currys today banished any disappointment at the collapse of bid interest by raising profit forecasts for the second time this year. As talk of a potential sale cools, what next for the electricals giant?
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News
Amazon unveils new ‘Spring Deal Days’ Sales period
Amazon has unveiled the launch of its first spring Sales event, which is due to kick off later this week.
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News
Currys ups profit guidance after potential bidders walk away
Currys has upped its full-year profit guidance after it confirmed reports that both JD.com and Elliott Advisors had walked away from making potential bids to buy the retailer.
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News
Sainsbury’s boss apologises after deliveries cancelled over tech issues
Sainsbury’s boss Simon Roberts has been forced to apologise to customers after the supermarket giant had to cancel thousands of online deliveries due to technical issues.
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Supplier Insight
Revealed: Four ways retailers can reduce omnichannel friction
Simplifying sign-ins, prioritising privacy and delivering consistency can all help build consumer trust and have a knock-on positive impact on a retailer’s bottom line
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Innovation of the Week
Footwear brand Veja develops Made in Europe range
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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News
Exclusive: More than half of shoppers think supermarket loyalty prices are a scam
The majority of the British public believes that supermarket loyalty prices are a scam and that original prices have been doctored to make discounts look better, Retail Week can reveal.
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Analysis
Revealed: What shoppers really think about supermarket loyalty schemes
Supermarkets have flooded the market with next-generation loyalty schemes to give back to their customers – but do shoppers actually think of them as a reward? And after speculation about their value, do they trust that the prices they see are genuine?
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News
Bensons for Beds back in profit despite ‘challenging period’
Bensons for Beds has returned to an EBITDA profit, despite what it calls a continued challenging market and supressed consumer sentiment.
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News
Freemans launches first credit offer in 13 years
Freemans has announced the launch of a new credit offer, its first in 13 years, in a bid to continue offering value and flexibility to shoppers.
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News
JD.com walks away from Currys takeover bid
Chinese ecommerce retailer JD.com has abandoned its plans to put in a formal bid to takeover Currys.
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Interview
Q&A: Haircare brand Rehab co-founders on the need for industry innovation
Retail Week speaks to haircare brand Rehab about its story and growth, and the need for innovation to solve the issue of plastic packaging in the beauty industry
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News
Net store closures surge across Britain
Net store closures accelerated above 2022 levels in Britain but remained lower than between 2018 and 2021, according to the latest figures from PwC and Local Data Company (LDC).
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News
WHSmith appoints new chief financial officer
WHSmith has appointed Max Izzard as its new chief financial officer, who will take over from Robert Moorhead.