All articles by Megan Robinson – Page 67
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NewsAsda’s Issa brothers launch £8.6bn property review as it seeks to cut debt
Asda owners the Issa brothers have launched a review of its £8.6bn property estate as they seek to bring down debt levels.
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NewsRetailers reassure on financing following Silicon Valley Bank collapse
Retailers have reassured investors that operations and trading will be unaffected by the crisis at Silicon Valley Bank’s UK arm.
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NewsSuperdry hires advisers to cut costs after tough trading periods
Superdry’s founder and chief executive Julian Dunkerton has hired Interpath Advisory to help aid cost-cutting plans following a prolonged period of tough trading and profit warnings.
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NewsEG Group hails ‘resilient performance’ in tough economic environment
Petrol forecourt company EG Group has reported a “resilient performance” through its foodservice, grocery and merchandise, and fuel services despite a tough year that saw elevated operating costs.
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NewsMusic Magpie CEO focused on ‘buying, selling and renting more’ to improve profits
Music Magpie founder and chief executive Steve Oliver has said the company is focusing on “buying more, selling more and renting more” after reporting expected, albeit lacklustre, full-year results.
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DataOnline sales show no signs of improvement as decline deepens
Online UK retail sales recorded another decline in revenue in February as sales fell month on month.
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NewsTK Maxx targets London for store expansion
TK Maxx has launched a search for potential new sites in London, building on its existing 58 shops in the capital.
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NewsIn The Style sold following strategic review
Online fashion retailer In The Style is to be sold for £1.2m after a strategic review.
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NewsGreggs sales and profits rise on back of ‘good strategic progress’
Greggs has reported a strong full-year performance after making “good strategic progress” and record store openings.
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NewsWHSmith targets Paperchase customers with new stationery format offering
WHSmith is set to open high-end souvenir and stationery shops as it aims to fill the gap left by the closure of Paperchase stores.
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AnalysisVirtual try-on and fewer returns: How retailers are using AR to elevate the customer experience
As footfall shows little signs of improving this year and ecommerce sales growth slows, retailers are turning to advanced technologies such as augmented reality (AR) to improve their offering to consumers
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NewsWHSmith hit by cyberattack as hackers gain access to employee data
WHSmith has been targeted in a cyberattack where hackers have accessed company data including information on past and present employees.
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NewseBay to launch first ever pop-up shop for swapping trainers
eBay UK has announced the opening of a first-of-its-kind pop-up shop, where people can swap their previously used or unworn trainers for a pair they will actually wear.
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DataFebruary footfall rises after strong half-term and weekend spending
Retail footfall in February saw a sharp increase due to the school half-term and greater weekend spending.
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NewsUnion ‘determined to win’ first ever Amazon UK strike
Amazon workers staging the company’s first-ever UK strike are “determined to win” as they ask for better pay and working conditions, while GMB figures suggest strike action and refusal to negotiate is set to cost the company more than £2m.
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NewsAO rebound due to ‘emphasis on profitability and generating cash’
AO.com has credited its recent successes to changing its strategy to focus on profitability as well as maintaining a quality service that meets customers’ needs.
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NewsAmazon workers strike for second time in ‘David and Goliath battle’ for better pay
Day two of the first-ever Amazon UK strike takes place today (February 28) as workers walk out in a bid for better pay.
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NewsTikTok Shop launches new wellness product category with major brands
TikTok Shop has joined forces with some big names in wellness to launch its new product category in the UK.
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NewsSainsbury’s becomes latest company to trial four-day week
Sainsbury’s has offered its staff the option of working four days a week, in a bid to evolve its current ways of working and increase flexibility.
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NewsSupermarket value items rising at higher rate than inflation
The prices of supermarket value items are increasing at a level that is exceeding grocery inflation, meaning shoppers relying on the cheapest product ranges are feeling the pinch the most.