More on Me + Em – Page 265
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NewsMotatos exits the UK after one year
Online discount grocer Motatos has closed its UK store with immediate effect after launching in the country just over a year ago.
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NewsAldi plans to open 500 stores as demand for discounters increases
Aldi has plans for 500 new stores after opening its 1,000th store in Woking, Surrey, as demand for discounters increases amid the ongoing cost-of-living crisis.
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NewsPrimark to include womenswear in click-and-collect trial
Primark has announced the expansion of its click-and-collect trial to include womenswear for the first time, in addition to its current childrenswear offering.
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NewsBP launches loyalty pricing programme on retail products
BP has expanded its BPme Rewards scheme with the launch of loyalty pricing to give customers exclusive discounts on retail products.
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NewsAnn Summers posts rise in sales in ‘year of two halves’
Ann Summers has posted a rise in sales during a financial year “of two halves” and confirmed plans to add new stores to its UK portfolio by the end of next year.
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NewsWaitrose shop staff face risk of job loss in overhaul
Waitrose shop staff have been warned that jobs are at risk as the grocer overhauls its business to boost productivity and keep costs down.
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NewsCurrys posts dip in revenue as profit guidance remains ‘unchanged’
Currys has posted a decline in group revenue for the 17 weeks ending August 26, 2023, but has made no changes to its profit guidance for the year.
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NewsHolland & Barrett rolls out 500 products as it relaunches food line
Health and wellness retailer Holland & Barrett has announced a relaunch of its entire food range marking the ‘biggest transformation of its food category in its 150-year history’.
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NewsSainsbury’s to open multiple fashion hubs over next five years
Sainsbury’s has announced the opening of several new in-store fashion destination hubs over the next five years, in a bid to “grow its branded proposition at pace”.
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Opinion‘Wilko’s rescue deal fiasco is a distraction from the real problem’
A new week brings fresh headlines about Wilko’s struggle to find a rescue deal that would save most of its 400 stores and keep its 12,500 staff employed but, as of the time of writing, the hunt for a buyer rumbles on.
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NewsTesco boss Murphy urges government to stand by net-zero targets
Tesco’s chief executive Ken Murphy has called on political parties to stand by the country’s net-zero commitments and give businesses more confidence to invest in green innovations.
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AnalysisStrategy spotlight: How travel versus high street is playing out at WHSmith
WHSmith has been dependent on its growing travel division to offset a long-term sales decline across the high street, where annual revenues are now little over half 2010 levels. As its latest results show, the travel division is growing rapidly, but after years of cost-cutting its high street estate is now in dire need of investment. Our Retail Week analysts examine WHSmith’s performance and priorities for both divisions as the retailer continues to invest in one and cut costs in the other
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NewsJollyes posts record Q1 ‘almost exclusively’ from transaction growth
Jollyes has reported record sales growth in its first quarter results, which it said was “almost exclusively” from growth in volumes, not price inflation.
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NewsHalfords CEO says services division to outgrow retail business by year end
As Halfords reported strong sales driven by strong growth in its services and B2B division, chief executive Graham Stapleton says he expects the motoring specialist will sell more services than retail products for the first time by the end of this year.
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NewsWilko administrators confirm locations of 51 store closures
Administrator PwC has confirmed the locations where Wilko stores will be closing on September 12 and September 14.
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NewsExclusive: River Island bolsters top team with new appointments
Fashion retailer River Island has announced Jane Eskriett and Richard Grainger as its new co-managing directors and Kirsty Homer as chief people officer, in a move to strengthen its executive team, Retail Week can reveal.
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NewsWHSmith revenue jumps as travel booms
WHSmith has posted a 28% jump in its full-year revenue thanks to a boom in its travel division.
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NewsHalfords autocentres drive growth but cycling curbs retail
Halfords’ autocentres have driven growth, but a drizzly summer and low consumer confidence limited its retail sales.
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NewsJohn Lewis names former River Island CEO as non-exec director
Will Kernan has been appointed as John Lewis’ new non-executive director of its Partnership board, effective from September 12.
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AnalysisFour retailers that have in-store personalisation down to a fine art
Adding value through personalisation is not a new revelation, but it is becoming almost mandatory for every cool new flagship to weave an element of customisation into the offer — whether that’s initial engraving on jewellery, a unique embroidered print or pattern on a piece of clothing, or pick your own hamper foods. The possibilities are vast and shoppers can’t seem to get enough of it.