All Retail Week articles in May 2024 – Page 6
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News
Temu accused of breaking EU laws with ‘manipulative practices’
Chinese online marketplace Temu is facing a new legal challenge after 17 companies in the European Union accused it of breaking new laws with “manipulative practices”.
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Opinion
‘The answer does not lie in data, but in the stores’
Starbucks founder Howard Schultz has made some great points about what lies at the heart of business success. They apply to all of retail, believes George MacDonald
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News
Robert Dyas celebrates one year of loyalty scheme with triple points offer
Home and garden retailer Robert Dyas is celebrating a year of its loyalty scheme by rewarding members with triple points.
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News
Superdrug ramps up bricks-and-mortar expansion with 25 new stores
Superdrug is boosting investment in its bricks-and-mortar footprint as it celebrates its 60th year on the Britsh high street.
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News
Waitrose becomes first grocer to open in-store takeaway Gail’s bakery
Waitrose has announced it will open the first takeaway Gail’s bakery store in the summer, having already opened Gail’s sections in 64 stores.
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News
Currys set to revamp stores to improve customer experience
Electricals giant Currys is preparing to transform some of its stores to create an improved customer experience.
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Opinion
‘As ChatGPT gets flirty, now is the time to embrace this cutting-edge technology’
With new releases this week from OpenAI and Google, generative AI (Gen-AI) tools are developing rapidly and destined to be on every smartphone. As more customers gain access to this dynamic technology, now is the time for retailers to get on board and explore the opportunities.
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News
Watches of Switzerland sales hit by ‘minimal return’ of tourist shopping
Watches of Switzerland has reported flat sales for the full year of 2024 driven by a challenging trading environment and the “minimal return of tourist spending” in the UK.
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Retail Voice
Six ways to enhance your ecommerce offering
As consumers continue to savour online shopping, Octopia’s Nikki Lovell examines six actions retailers can take today to stay one step ahead when it comes to ecommerce
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News
Alibaba revenue growth despite decline in profits
Alibaba has posted growth in revenue in its full-year and quarterly results, despite profits plunging.
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News
Miniso posts growth driven by global store expansion
Chinese general merchandise retailer Miniso has posted growth in revenue and profit as it continues to roll out stores at home and abroad.
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News
Greetings card retailers respond to Royal Mail takeover bid
The Greetings Card Association, which represents more than 500 card businesses, has called for the interest of its members to be safeguarded as Royal Mail considers an offer for a takeover from EP Group
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News
Natura &Co losses widen as it explores ‘potential separation’ of Avon
Brazilian cosmetics giant and former owner of The Body Shop Natura &Co has posted widening losses as Avon International sales continued to fall in the first quarter of the year.
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Opinion
‘UK food security can’t be safeguarded without a functioning border agreement’
Both major political parties agree that UK food production is in crisis, but neither is addressing the elephant in the room: Brexit and the border between the UK and EU, says Hugh Radojev.
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Analysis
Can a Shein float turn around retail’s IPO fortunes?
As Shein accelerates preparations for a blockbuster London IPO, Retail Week looks at how other retailers have fared since going public.
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News
eBay creates new resell feature to boost pre-loved fashion sales
eBay has launched a new “resell on eBay” feature to allow users to list their clothing on the website in a couple of clicks.
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News
Burberry underperforms and warns of headwinds in luxury slowdown
Burberry has underperformed financially as it struggled with tepid demand for luxury clothing and accessories, and warns of more pressure to come.
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News
Tesco boss Ken Murphy’s pay deal doubles
Tesco CEO Ken Murphy has seen his pay packet more than double to almost £10m for the last year.
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News
PM to launch food security index and support British farming
The prime minister has promised to launch his food security index to farmers, as extreme bouts of wet weather this spring have raised issues around British food security.
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News
Sofa-in-a-box brand gets £10m boost to go global
Swyft has received a £10m investment from UK-based Sleep Brands Limited to take the sofa company into new markets.