More on Me + Em – Page 239
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AnalysisBlack Friday: Sales decline despite ‘buzz’ on UK high streets and marketplaces
Store footfall was down 1.6% across UK retail destinations while Barclaycard transaction volumes declined 0.6% year on year. In contrast, total gross sales for major marketplaces via CommerceHub increased by 18% on 2022
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NewsPets at Home hails ‘resilient’ trading as it maintains full-year guidance
Pets at Home has hailed its “resilient performance” and noted “encouraging signs” in the lead-up to Christmas.
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NewsTopps Tiles escalates market share while profits dip
Topps Tiles has posted a boom in sales for the full year and confirmed it has achieved its market share goal “two years ahead of schedule,” with cost inflation taking its toll.
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AnalysisRetail Horizon 2024: Industry optimism amid consumer caution and global uncertainty
Retailers are emerging cautiously from recent macroeconomic challenges. As inflation moderates and supply chain pressures ease, businesses are looking ahead with measured optimism.
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AnalysisRetail Horizon 2024: Industry
Retail Horizon 2024 is Retail Week’s exclusive strategic toolkit for subscribers.
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NewsBusiness rates and wage hike could send inflation soaring, warns BRC
The British Retail Consortium has warned that inflation could rocket again next year, as retailers face soaring business rates bills and the rising national living wage.
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NewsDecathlon buys German pureplay sportswear brand Bergfreunde
Sportswear giant Decathlon has announced the acquisition of German pureplay mountain sports, climbing gear and outdoor equipment specialist Bergfreunde.
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GalleryDr Martens opens 100th European store on Oxford Street
Dr Martens has opened its 100th store across the Europe and Middle East region as it continues to expand its bricks-and-mortar retail presence.
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NewsMountain Warehouse to ramp up store expansion following record sales
Outdoor clothing retailer Mountain Warehouse is accelerating the pace of store openings after posting a record sales peak.
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NewsVery collaborates with Amazon Web Services to deliver generative AI
The Very Group has selected Amazon Web Services (AWS) to help transform and accelerate its shopping experience with generative AI.
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NewsAsos ditches bonus scheme diversity targets
Fashion retailer Asos has abandoned diversity targets in its annual executive bonus scheme as it prioritises profitability.
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NewsRevolution Beauty founder in £3m repayment talks
Revolution Beauty founder Adam Minto is in talks about repaying almost £3m to settle claims that he breached fiduciary duties to the retailer.
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AnalysisWill toys be top of the list this Christmas?
Toys and games were once the kings of Christmas. Before children had their eyes on the latest iPhone or tablet, on Christmas Eve their heads hit the pillow dreaming of Mr Frosty, Stretch Armstrong or Bop It!
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Innovation of the WeekCo-op signs 15-year renewable power agreement
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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Retail VoiceThree ways to link in-store experiences to profits
Ensuring return on investment is crucial when it comes to making improvements that boost profits. Maze’s Mark Rice examines the three areas that can make all the difference
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NewsBoost in sales of toys and electricals as Black Friday footfall soars
Retailers have reported customers flocking for deals on toys and electricals ahead of Christmas as Black Friday footfall numbers surged across much of the country.
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NewsPoundland to open more former Wilko stores before Christmas
Poundland has confirmed it will open seven more former Wilko stores before Christmas, taking the total number of Wilko-to-Poundland stores to 63.
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GalleryHMV reopens iconic Oxford Street store
HMV has returned to its former home of 363 Oxford Street following a four-year absence, showcasing a range of vinyl, pop culture merchandise, DVDs, CDs and a purpose-built floor for live performances.
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NewsBoots owner offloads £4.8bn pension scheme
Boots has agreed to transfer £4.8bn of pension obligations to insurer Legal & General in a deal that potentially paves the way for a sale by owner Walgreens Boots Alliance.
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NewsJohn Lewis launches Randox Health clinics in store
John Lewis is launching Randox Health clinics in store to enable customers to benefit from preventative healthcare services.