All Retail Week articles in March 2024 – Page 7
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NewsThe Works to delist from main market in switch to AIM
The Works intends to move its shares off the London Stock Exchange’s main market and list on AIM, six years since its IPO.
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NewsTesco forced to change Clubcard logo after losing Lidl legal challenge
Tesco has been told to stop using its Clubcard Prices logo after it lost a long-running legal battle with discount rival Lidl.
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AnalysisBig ticket’s big squeeze: how are home retailers navigating sluggish demand?
As DFS issues another profit warning and Wickes reports that demand for pricier purchases has been ’challenging’, how much more penny pinching can big-ticket retailers take?
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Opinion‘Boots’ back-to-the-office diktat is clinging to a past that no longer exists’
Just as employees must recognise that a business has the right to dictate the terms of their employment, businesses must understand that talent retention is contingent on working policies that align with candidates’ expectations, argues Tony Gregg.
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NewsInflation rate falls to lowest level in more than two years
The rate of inflation has declined to its lowest point in more than two years, the latest official data has revealed.
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NewsTycoon Ashley becomes Hornby consultant following Frasers investment
Frasers tycoon Mike Ashley is to become a consultant to Hornby following the retailer’s stakebuilding in the model railways specialist.
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NewsHarvey Nichols cuts jobs to address cost pressures
Department store business Harvey Nichols is to axe roles at its head office as it seeks to position itself for success after a tough period.
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NewsGreggs stores close after IT issue affects card payments
Greggs, Britain’s largest bakery chain, has been forced to close stores after IT issues crippled its card payments system.
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NewsHolland & Barrett staff receive 'substantial' pay rise
Holland & Barrett is set to increase the hourly pay of store colleagues across the country by 9%, bringing the hourly base pay to 5% above the national living wage.
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NewsTemu owner's revenues and profits surge in ‘pivotal’ year
Temu owner PDD Holdings has recorded a massive surge in full-year and fourth-quarter profits and revenue.
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Opinion‘Without Ray Kelvin’s idiosyncratic imprint, has Ted Baker lost its identity?’
Less than two years after its £211m acquisition by US brand development giant Authentic Brands, it looks as if Ted Baker’s core UK business is next in the administrators’ retail inbox.
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AnalysisTech meltdowns: what can retailers learn from Sainsbury’s, Tesco and Greggs’ woes?
After Greggs became the fourth major business in the UK to face disruptions due to IT issues in less than a week, what can retailers do differently to avoid such issues in the future?
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NewsNext beats expectations to post record profits as sales soar
Next has reported record profits ahead of expectations as sales soared in the full year ending January 31, 2024.
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NewsMajestic in advanced talks to buy Vagabond Wines
Majestic Wine is in advanced talks to buy London-based wine chain Vagabond, which has filed a notice of its intention to appoint administrators.
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NewsDepop ditches selling fees for UK users
Secondhand platform Depop has announced the removal of selling fees for UK users in its latest bid to make fashion circular.
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NewsSuperdrug cosmetics price freeze celebrates highest market share
Superdrug is set to freeze prices on over 5,000 cosmetic products “as part of the business’s ongoing commitment to support shoppers, through the rising cost of living”.
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NewsAbercrombie & Fitch to open new Oxford Street store next year
Abercrombie & Fitch is set to open a new store at 325 Oxford Street after striking a deal with global real estate investment, development and property manager Hines.
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NewsExclusive: Waitrose to close warehouse putting 545 jobs at risk
The grocery arm of the John Lewis Partnership has proposed closing its delivery warehouse in Enfield in the summer, putting over 500 jobs at risk.
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GalleryHarrods celebrates 175 years of trading with year-long special
Harrods is celebrating 175 years of the brand’s establishment with a year-long anniversary celebration.
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AnalysisNext: What’s in store for the fashion giant as a ‘new era’ beckons?
After yet another stellar performance from Next, Retail Week looks ahead to the fashion and home group’s “new era” and its plans to continue on an upward trajectory