All Retail Week articles in May 2024 – Page 7
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NewsThe Body Shop administrators to launch auction for the chain
The Body Shop administrators are set to launch an auction of the struggling beauty chain after plans for a company voluntary arrangement (CVA) failed, Sky News has reported.
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NewsAsda sales jump as owner Mohsin Issa hails ‘good progress’
Asda has announced an increase in total ex-fuel and like-for-like sales as owner Mohsin Issa said the supermarket made “good progress” in the quarter.
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InterviewWestfield’s leasing director on physical retail being ‘back with a bang’
As footfall inches up to pre-pandemic levels, Retail Week sits down with Kate Orwin, leasing director at Unibail-Rodamco-Westfield, to find out what’s in store for some of the biggest shopping centres in the country
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Innovation of the WeekeBay promotes circular fashion with new ‘resell on eBay’ feature
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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NewsExclusive: New Look to invest millions in Manchester stores
New Look is investing a total of £3.3m into upgrading and improving its store estate across Greater Manchester, Retail Week can reveal.
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NewsFrench conglomerate sues Morrisons over £2.5bn petrol forecourts deal
French giant Bouygues is taking legal action against Morrisons over its £2.5bn petrol forecourts deal over the rights to operate electric vehicle chargers.
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NewsM&S forced to apologise after website and app go down
Marks & Spencer has become the latest retailer to apologise to customers after its website and app both went down at the weekend.
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NewsBritish Land sells stake in Meadowhall shopping centre for £360m
British Land has announced the sale of its 50% stake in Meadowhall, as it continues to focus on retail parks and reduce its exposure to more traditional shopping centres.
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NewsMorrisons slashes and locks prices on over 400 products
Morrisons has slashed prices on more than 400 food and household products, and committed to lock those prices in for at least the next eight weeks.
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AnalysisLive shopping: When should retailers brave its murky waters?
Despite being one of the most promising new commerce channels, livestream shopping has had a lukewarm reception from established retailers in the UK. Retail Week explores whether the phenomenon will take off here and how retailers can tell if it’s the right time to get involved
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NewsShein seeks out Sajid Javid for new role ahead of London IPO
Sajid Javid, the former chancellor of the exchequer, has reportedly been approached to join fast-fashion giant Shein ahead of its anticipated London Stock Exchange listing.
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NewsExclusive: Halfords chief operating officer to depart
Halfords chief operating officer Rob Keates is set to depart after four years at the motor specialist, Retail Week can reveal.
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AnalysisHow retailers are shifting their AI focus in-store
Today, increasing numbers of retailers are implementing AI on the shop floor. Retail Week considers the impact of in-store AI on customers and employees alike and asks whether it is, in fact, the best way forward.
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NewsPrettyLittleThing under fire again for ‘misleading’ ads
Fast-fashion giant PrettyLittleThing (PLT) is under fire for breaching advertising rules after allegations of “misleading” ads being released during a Black Friday social media campaign last year.
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NewsThe Works anticipates return to growth as it reports flat sales and revenue
The Works has said it expects to see a “return to profit growth” in the next financial year as it records flat revenue and sales.
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NewsTopps Tiles unveils ‘Mission 365’ growth strategy amid sales drop
Topps Tiles has introduced a new growth strategy over the medium term as it posts a fall in profit and sales.
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NewsKingfisher records positive sales in UK while sales in France fall
Kingfisher has kept its full-year guidance, recording positive sales in the UK offset by a sales decline in France.
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NewsShoe Zone lowers guidance as profits flatten
Footwear retailer Shoe Zone has lowered its full-year profit guidance. Revenues may have edged up but profits remained flat during the first half.
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NewsGrocery price rises slow as own-label trade down continues
Grocery inflation in the UK slowed to the lowest levels seen since 2021, though households are continuing to trade down to cheaper, own-label products after over two years of rising prices.
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NewsRyman Design to launch in Scotland with Edinburgh debut
Stationery retailer Ryman is launching a new Ryman Design store to open in Scotland for the first time.