All Retail Week articles in May 2024 – Page 3
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Opinion
‘Brightening retail outlook could create sweet spot for M&A this year’
After a challenging 2023, falling valuations and pent-up demand for deals could spark a revival in retail M&A as economic conditions stabilise, believes Erin Brookes
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News
Exclusive: Superdrug outgrows global giant to become second-biggest beauty retailer in UK
Superdrug has overtaken one of the largest global cosmetics beauty firms to become the second biggest health and beauty retailer in the UK, Retail Week can reveal.
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Retail Voice
The four hottest trends at World Retail Congress 2024
The theme of this year’s World Retail Congress was high-performance retail. Spencer Stuart asked its global retail team what topics were most pervasive during the conference and what they mean for retail leaders
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Data
Ranking: The 20 biggest beauty retailers dominating the UK market
The beauty market is as competitive as it is lucrative. To see who has the edge over others, we asked Retail Week sister brand Retail Navigator to reveal the biggest beauty retailers in the UK.
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News
Shop price inflation eases again as it returns to ‘normal levels’
Shop price inflation has eased to its lowest level since November 2021, returning to “normal levels”, the British Retail Consortium has said.
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Innovation of the Week
PepsiCo takes over Tesco for Champions League final
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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Gallery
Primark transforms old cinema into new flagship store
Value fashion giant Primark has opened the doors to its second flagship store in Madrid.
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News
Retail sales drop again in April
Retail volumes fell again in April as wet spring weather held back footfall.
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News
Ocado strikes deal with Getir to target shoppers
“As Getir and Gorillas exit the UK, we’re pleased to be offering their customers a chance to try Zoom by Ocado.”
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News
Morrisons staff strike over pensions
“Unite will not stand for such behaviour from any employer, let alone one like Morrisons who is raking in massive profits during a cost-of-living crisis.”
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News
UK consumer confidence inches up in continued upward trajectory
Consumer confidence inched up by two points in May in a similar rise as April driven by “the latest drop in headline inflation and the prospect of interest rate cuts in due course”.
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News
Pepco Group's strategic priorities deliver record revenues
Pepco Group half-year results show that it is delivering on the strategic priorities it set out last year.
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News
John Lewis adds new category to rental service
The John Lewis rental platform, which is powered by Hurr, launched in 2022.
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Opinion
‘Transformation is hard work but M&S’ impressive turnaround shows the rewards’
Transformation is not for the faint-hearted; it takes a vision and huge amounts of investment and hard work, writes Lisa Byfield-Green. But M&S’ results this week demonstrate that hard work is paying off for the beloved UK institution.
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News
Asda launches new premium own-brand range
Grocer Asda has today launched its new premium, own-brand Exceptional by Asda range, which it said is set to “elevate” its premium-tier offering.
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Opinion
‘In what will likely be a negative campaign, retail must tell a positive story’
With an election date set and the parties going into full campaigning mode, the next six weeks are likely to be dominated by negativity. To cut through the noise, retail must tell its story positively
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News
Temu group records massive surge in revenues and profit
Temu’s owner PDD Holdings has posted soaring profits and revenue for the first quarter ending March 31.
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News
Asda disputes union claims that workers face ‘third month of wage errors’
Asda has disputed the GMB’s claims that some Asda workers are being underpaid in what the union described as the “third month of wage errors”.
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News
Prime minister sets July 4 election date as Starmer calls for change
The UK is headed for an election on July 4, as both prime minister Rishi Sunak and opposition leader Sir Keir Starmer set out their parties’ stalls.
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Analysis
M&S boss Stuart Machin on ‘tricksy’ member prices and new beginnings
Marks & Spencer this week raised the curtain on strong annual results that beat expectations and it is confident of more progress to come