More on Me + Em – Page 123
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NewsJD Sports says profit will be at lower end of guidance after ‘volatile’ sales
JD Sports said it now expects full-year profits to be at the lower end of its guidance range after “volatile” trading in October.
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NewsTed Baker UK and European wholesale arm snapped up by former Barbour MD
The former managing director of fashion retailer Barbour has snapped up the UK and European wholesale arm of collapsed Ted Baker.
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NewsHMV suspends new store openings following Budget tax raid
HMV has become one of the first retailers to publicly suspend new store openings across the UK, saying the Budget has made the environment too risky to invest.
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NewsFrasers demands that Boohoo chair Kamani is replaced by Mike Ashley
In the latest escalation of the public war of words between the two retailers, Frasers has this morning publicly called for Boohoo founder and chair Mahmud Kamani to step down.
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Opinion‘Retailers who miss the shift in customer interactions are likely to face an existential risk’
Shoppers are taking inspiration and guidance from a much wider range of sources than their preferred retailer, observes Accenture Song’s Sarah Lambert. That means retailers need to reach customers in new ways across new formats
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NewsOnline sales in November off to ‘poor start’ ahead of Black Friday weekend
November ecommerce sales have gotten off to a “poor start” as sales dipped in the first two weeks of the month, according to IMRG’s online retail index.
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NewsSpace NK sales and profits rise driven by growth in active customer base
Space NK posted a growth in sales and profits in the year ending March 2024 driven by customer growth across generations.
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NewsFrasers Plus strikes new partnership with Hornby Hobbies
Frasers Plus, the credit and loyalty platform part of Frasers Group, has announced a new partnership with toy and hobby retailer, Hornby Hobbies.
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NewsLidl records highest growth in customer visits of any supermarket as profits increase
Lidl has revealed it experienced the highest growth in customer visits of any supermarket last year, as revenues and profits increase.
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NewsTikTok set for ‘record-breaking’ Christmas driven by surge live shopping
TikTok has forecast that this Christmas will be “record-breaking” and mark its biggest moment in retail due to an “unprecedented surge” in live shopping sessions.
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NewsDunelm has acquired an Irish soft furnishings retailer to enter new market
Homewares retailer Dunelm has entered the Irish market by acquiring a soft furnishings retailer trading in the Republic of Ireland.
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NewsTed Baker has relaunched its UK website
Embattled fashion retailer Ted Baker has relaunched and redesigned its UK website following its administration earlier this year.
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NewsBank of England governor has warned of rising unemployment ‘risk’ following Budget
The Bank of England governor Andrew Bailey has warned there is a “risk” of unemployment increasing due to the effects of the recent Budget.
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AnalysisAI adoption: What are the barriers to entry and how can retailers overcome them?
AI is not a new phenomenon, yet retailers are at different stages of implementation with some having leveraged AI long ago in the supply chain, whereas others are still finding their feet with the tech
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NewsUK shoppers are expected to spend £86bn over the festive season despite ‘cautious Christmas’
Exclusive: The total spend by UK shoppers is expected to increase 1.8% to reach £86.4bn this Christmas, according to data from Rendle Intelligence and Insights shared with Retail Week.
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NewsDeliveroo has called for riders to be protected from abuse in crime bill
Deliveroo is calling on the government to include its riders in the upcoming Crime and Policing Bill to protect them from abuse and violence from customers.
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GalleryAustralian skincare brand Grown Alchemist unveils first UK flagship
Australian skincare brand Grown Alchemist has opened doors to its first store in the UK as it begins its “ambitious bricks-and-mortar expansion plan” in the country.
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NewsAnn Summers axes jobs in bid to cut mounting costs
Exclusive: Lingerie and sex toy retailer Ann Summers is laying off tens of employees across the business in a bid to cut mounting costs.
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NewsThe Body Shop is rebuilding its top team with new finance and marketing chiefs
The Body Shop has appointed a new chief marketing officer and chief financial and operations officer as it rebuilds its executive leadership team after being rescued from administration.
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NewsAmazon research reveals independent sellers are using data and AI to boost Black Friday sales
Amazon research has revealed that many independent sellers on the platform are looking to leverage data and AI tools to capture a larger portion of sales over the Black Friday and Christmas season.