More on Me + Em – Page 249
-
AnalysisThe fast-moving retail brands to watch in 2024
As 2023 draws to a close, Retail Week picks the top nine brands to keep your eye on as the calendar flips to 2024.
-
AnalysisThe stories that rocked retail in 2023
2023 was frequently a tough year for retail. From the ongoing cost-of-living crisis to the travail of the pureplays and the collapse – and rebirth – of a much beloved high street institution, here are the stories that shook the industry
-
NewsGreggs workers accept pay deal for biggest increase in 12 years
Greggs workers have accepted a pay deal that sees them receive the biggest pay increase in 12 years.
-
InterviewQ&A: Ann Steer on reinventing Freemans in a year of ‘aggressive’ transformation
Freemans chief executive Ann Steer speaks to Retail Week about a year of “aggressive” change for the business following the move that transformed Freemans from a traditional mail-order catalogue business to a modern digital department store
-
NewsScS shareholders vote through £99m sale to Poltronesofà
The £99m takeover of ScS by Italian sofa retailer Poltronesofà has been given the go-ahead after shareholders voted in favour of the deal yesterday.
-
NewsNovember sales boost reflects ‘tactical’ spending ahead of Christmas
Retail sales increased in November, helped by Black Friday and “increased spending in the run-up to Christmas each year”, according to the Office for National Statistics (ONS).
-
NewsTemu customers risk supporting ‘forced labour’, MP warns
Customers ordering “cheap gifts” for Christmas from Chinese-owned marketplace Temu are at risk of buying items made using forced labour, an MP has warned.
-
NewsNike plans $2bn cost savings as it posts soft sales outlook
Nike has outlined plans to make $2bn (£1.6bn) in cost savings over the next three years as demand slows and it looks ahead to a “softer” second-half sales outlook.
-
NewsRetail hopes rest on big Christmas weekend ahead of ‘new year’s chill’
Retailers are holding out hope for a last big weekend of trading ahead of Christmas Day, despite the economic outlook being decidedly gloomy.
-
NewsHunkemöller names former Adidas executive as new CEO
European lingerie retailer Hunkemöller has named Brian Grevy as its new chief executive, succeeding Philip Mountford when he steps down from the role next month.
-
NewsExclusive: Nike secures former Victoria’s Secret site for new flagship
Sportswear giant Nike has secured the former Victoria’s Secret premises at the Trinity Leeds shopping centre for its newest flagship, Retail Week can reveal.
-
NewsLidl doubles paid maternity and adoption leave
Discount supermarket Lidl will be doubling full-pay maternity and adoption leave as it looks to “set a new benchmark for others in the industry to follow”.
-
NewsMajestic awards employees extra festive day off
Specialist wine retailer Majestic is rewarding employees with additional time off during the Christmas and New Year period.
-
NewsRed Sea attacks causing rising costs and increased shipping line rates
Global supply chain disruption in 2024 is a “possibility”, according to experts, as the world’s biggest shipping companies are re-routing their journeys to avoid the Red Sea.
-
Opinion‘Not just for Christmas: retail’s season of goodwill lasts all year’
Retailers may make a lot of their money at Christmas, but for them, the season of goodwill lasts all year round as they contribute in a wealth of ways to the communities and consumers they serve.
-
NewsFrasers Group snaps up Matches in £52m deal
Frasers Group has snapped up luxury fashion retailer Matches in a £52m deal as it looks to strengthen its luxury offering and elevate its portfolio.
-
NewsAmazon strike action to spread to Birmingham
Amazon workers at a new flagship fulfilment centre in Birmingham are set to strike in the new year, building on industrial action already seen at Coventry and Rugeley.
-
NewsAlibaba chief strengthens grip after taking over ecommerce business
Alibaba Group chief executive Eddie Wu has been named as the new chief executive of its domestic ecommerce arm Taobao and Tmall Group.
-
NewsAsda faces £30m rise in debt costs as bosses grilled by MPs
Asda could have to pay increased interest payments of £30m from February as owners Mohsin and Zuber Issa’s loans become due.
-
Retail VoiceReflecting on the biggest ecommerce drivers of 2023
From delivering on delivery to winning websites, Elavon’s Michael Bosshammer takes a look at the key areas retailers should focus on for 2024