More on Me + Em – Page 220
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NewsAsos to hit profit guidance despite sales fall
Fashion specialist Asos has reported a fall in sales but expects to meet full-year profit expectations as it makes “good progress” with its turnaround strategy.
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NewsOcado sales and volumes rise in ‘strong start’ to year
Online grocer Ocado has reported a good beginning to its new financial year as its key metrics advanced.
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DataData: Sosandar and Superdrug smash ecommerce growth – find out how
The UK retailers winning at ecommerce, with the highest online sales growth for FY22, have been revealed in a new Retail Week report
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NewsSome Asda workers still waiting on correct pay
Supermarket giant Asda has said that some staff are still waiting to receive their correct pay, days after an IT issue left thousands short in their pay packets.
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AnalysisKingfisher: Four ways the B&Q owner plans to patch up growth in 2024
With low confidence and poor weather raining on shoppers’ grand home improvement plans, how is Kingfisher planning to patch things up over the next 12 months or so?
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NewsPoundstretcher opens new store at former Wilko site
Poundstretcher has opened a new store in a former Wilko site as it continues its expansion.
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NewsHolland & Barrett names new UK CEO as part of restructure
Holland & Barrett has named Anthony Houghton as its new chief executive for the UK and Ireland as part of its new operating model “to help further accelerate its growth and transformation strategy.”
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NewsBen Sherman kicks off UK store roll-out with London pop-up
Menswear brand Ben Sherman is kicking off the UK-wide roll-out of its monobrand stores with the launch of a concept pop-up in London later this week.
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InterviewRituals CEO on the retailer’s drive to ‘open one new store every working day’
Retail Week sits down with Rituals founder and chief executive Raymond Cloosterman to find out why he’s driving the brand to open a new store every working day this year, despite the downturn in luxury sales around the globe.
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NewsKingfisher cautious on outlook as international sales slip
Kingfisher is remaining cautious on its outlook for the next financial year after it saw total and international sales slip.
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NewsFormer chancellor Nadhim Zahawi in talks to become chair of Very Group
Former chancellor and current Conservative MP Nadhim Zahawi is reported to be in talks to chair The Very Group following Dirk Van den Berghe stepping down after two years.
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NewsVirgin Wines ‘optimistic’ about future growth as sales increase
Virgin Wines says it is “optimistic” about its prospects after it posted a revenue increase in its latest results.
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NewsCurrys boss warns Labour employment reforms risk making people ‘poorer’
Currys chief executive Alex Baldock has said Labour’s workers’ rights plan risks “making people inadvertently poorer”, as business leaders express doubt over the party’s reforms.
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AnalysisShein vs Temu: battle of the ecommerce beasts
Two online behemoths, one fierce fight. Shein and Temu have dominated headlines as they lock horns to win popularity, market share and customers. These rivals are changing the retail landscape as we know it, but which one will come out on top?
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Opinion‘Being a high-performing retail leader today is harder than ever’
The role of retail chief executive is not for the faint-hearted, but former Walmart International boss Judith McKenna embodies some of the best leadership characteristics, believes Spencer Stuart’s Sally Elliott
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Innovation of the WeekReiss leverages AI platform to verify green credentials
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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NewsWilko to open more new stores before Easter
Wilko will open two new stores on Good Friday (March 29) as the retailer continues the rollout of its new concept.
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NewsPandora names new UK boss and chief commercial officer
Pandora has appointed a new general manager for the British Isles as well as a new chief commercial officer.
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InterviewListen to World Retail Congress’ new podcast
World Retail Congress has launched its first podcast to take its world-class content beyond the conference stage to give you year-round insight from retail leaders across the globe.
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NewsRetail sales steadied in February despite downturn
Retail sales were flat in February despite wet weather and continued economic insecurity.