All Retail Week articles in May 2024
Browse all news stories and articles from this date or time period.
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NewsLidl targets big cities for next wave of store openings
Value grocer Lidl is seeking more locations in leading cities as it pursues an ambition to open “hundreds of new stores”.
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NewsCard Factory CEO on why its ‘relentless focus on value for money’ has paid off
As Card Factory posts robust sales in the full year ending January 2024, Retail Week speaks to chief executive Darcy Willson-Rymer on its strategy for success and future plans.
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Opinion‘From checkout to check-up: is now the time for retailers to diversify into services?’
People are increasingly prepared to pay to manage their health and wellness, which could spell opportunity for retailers, believes PwC’s Lisa Hooker.
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AnalysisHow retail parks are reinventing themselves with a ‘hybrid’ offer
As retail parks continue to deliver strong footfall and a more diverse mix of shops, Retail Week visits Nugent Shopping Park in Orpington to see what the latest trends are in successful locations
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NewsAmazon sales surge driven by AI and advertising
Amazon has posted a surge in sales during its first quarter, helped by the appeal and success of its AI and advertising capabilities.
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NewsNext maintains guidance as quarterly sales rise
Fashion giant Next has maintained its full-year guidance as sales increased in its first quarter.
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NewsWickes holds firm on outlook despite dip in DIY sales
Wickes has maintained its profit expectations for the full year, despite a decline in sales in an “uncertain” trading environment.
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AnalysisDo recent European beauty IPOs bode well for a Boots flotation?
As Spanish beauty group Puig gears up for an IPO in Madrid, it is poised to become Europe’s biggest float this year with a valuation of nearly €14bn (£11.96bn). Retail Week takes a look at the recent surge in beauty IPOs, their valuations and what that might mean for Boots, widely rumoured to be exploring a listing in London.
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NewsMulberry sales slow as demand for luxury wanes
Luxury fashion and accessories retailer Mulberry has posted a decline in sales during the full financial year as declining consumer spend on luxury goods took its toll.
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NewsExclusive: JD Sports orders staff back to office at least four days a week
The global sportswear retailer has ordered staff at its headquarters and other global offices to return to the office at least four days a week starting July 1, Retail Week can reveal.
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Opinion'Gen-AI boom has come at exactly the right time for Amazon'
Amazon chief executive Andy Jassy emphasised to analysts on its quarterly investor call the huge opportunity that generative AI (Gen-AI) will bring to its business: “I don’t know if any of us have seen a possibility like this in technology in a really long time, for sure, since the cloud, perhaps since the internet.”
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NewsHolland & Barrett to expand takeaway coffee trial this summer
Holland & Barrett is set to extend its cafe concessions trial with a second site opening in London this summer.
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NewsMore than half of UK consumers opt for lockers for online delivery
More than half of UK consumers are now using delivery lockers for online purchases, as convenience and sustainability top the list of incentives for the service, according to research by Retail Economics and InPost.
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NewsEE opens second experience store this year
EE has opened another experience store in the UK following the successful launch of its debut store in Westfield London last year.
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InterviewQ&A: Online Home Shop CEO Moshe Cohen on its explosive growth
After featuring in the Times 100 ranking of the fastest-growing private UK companies two years in a row, OHS chief executive Moshe Cohen sat down with Retail Week to discuss its new board, managing rapid growth and keeping ahead of the competition.
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DataRanking: The top 15 most productive fashion retailers
We’ve teamed up with our sister brand Retail Navigator to give you a rundown of the fashion retailers that have the lowest cost of staff to sales ratio, and are therefore the most productive players in the sector.
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NewsFormer Hobbs boss to join ProCook as non-exec
Former Hobbs chief executive Meg Lustman will join the ProCook board as a non-executive director.
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NewsPandora ups guidance as margin hits record high
Pandora has upped its revenue guidance as its gross margin hits record levels and a plan to “restage” the brand begins bearing fruit.
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NewsCo-op Live venue tech issues cause opening fiasco
The opening night of Co-op Live, the new concert arena in Manchester, has descended into chaos as a technical difficulty led to a string of cancelled gigs.
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NewsLounge sales increase but profits fall due to rising expansion costs
Underwear and apparel retailer Lounge has posted a fall in profits, despite a rise in sales for the 2023 financial year, due to rising costs from its growth strategy.