All articles by Megan Robinson – Page 46
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NewsShop price inflation falls to lowest level since 2022
Shop price inflation fell in January to its lowest level since May 2022 as food inflation dropped for the ninth consecutive month.
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NewsExclusive: Women account for one in three new retail CEOs
The percentage of new chief executives appointed in the UK last year who were women reached its highest level at 35%.
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NewsShoplifting offences hit highest level in 20 years
Shoplifting offences rose to their highest level in two decades last year, according to the Office for National Statistics.
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NewsExclusive: Amazon faces fresh round of strikes
Amazon workers in Coventry will strike again following a compulsory re-ballot, Retail Week can reveal.
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InterviewDiscount Dragon: Meet the pureplay brand setting the value sector alight
Emerging as a new player in the value market, Discount Dragon is striving to guarantee Brits a bargain. Boss Martin Higginson is co-founder and CEO of parent company Huddled.
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NewsHidden charges for online shoppers to be banned
Unavoidable hidden fees for online shoppers are set to be banned under new law proposals expected to come into force this spring.
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NewseBay to axe 1,000 roles
Online marketplace eBay will lay off around 1,000 staff in the US, equating to an estimated 9% of its current workforce.
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NewsB&M chair set to retire after six years in role
B&M has announced that its chair Peter Bamford will retire this year.
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NewsProCook commits to pay real living wage
ProCook has committed to pay all staff “at least” the real living wage, which the group said “reflects its ongoing investment in its people”.
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NewsPrimark posts rise in sales over Christmas
Primark has posted a rise in sales across its UK, European and US markets despite a “slow start” to Christmas trading due to unseasonally warm weather.
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NewsLidl rewards hourly paid staff with pay hike
Lidl has announced a further £37m investment in staff pay, which will see 26,000 hourly paid colleagues receive the “highest rates of pay” in the sector.
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NewsMorrisons scraps four-day week at head office
Supermarket chain Morrisons has scrapped its four-day working week following complaints from office staff forced to work at the weekend.
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NewsCurrys boss blasts ‘inflationary’ government proposals
Currys chief executive Alex Baldock has lashed out at government “meddling” heaping unnecessary pressure on the retail sector.
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NewsCurrys upgrades profit guidance despite sales slip
Currys expects full-year profits to exceed consensus expectations following a “successful peak trading period”.
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NewsPepco delivers record revenues as it warns on Red Sea disruption
Pepco Group, which owns Poundland in the UK and the Pepco and Dealz brands in Europe, has posted record first-quarter group revenues.
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NewsPoundland to begin transformation of former Wilko stores
Poundland will begin the transformation to turn 11 former Wilko stores into new Poundland shops, adding chilled and frozen food, clothing and homeware.
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NewsUK inflation rate increases to 4%
The annual rate of inflation has increased to 4% in a surprise rise, according to the Office for National Statistics (ONS).
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NewsMulberry sales decline as UK VAT hits luxury sector
Luxury fashion retailer Mulberry has posted a fall in sales which the group said was impacted by a “challenging macroeconomic backdrop” and a decline in luxury consumer spending.
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AnalysisStores vs online − which won the wallets of Christmas shoppers?
Retail saw a stores renaissance in 2023, as many shoppers returned to bricks and mortar following a surge in online shopping during the pandemic.
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NewsUniqlo sues Shein over accusations retailer copied bag design
Uniqlo is suing Shein over claims the fast-fashion retailer is selling bags that mimic its viral shoulder bag.