More on Me + Em – Page 304
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DataMoney talks: Data on what will get 2,000 consumers spending
One of the major areas of retail transformation over the past decade has occurred at the checkout – with consumers now using a raft of new payment types to make purchases online and in-store.
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NewsAmazon faces more strikes as new warehouses back industrial action
Amazon workers are planning more strikes after staff at two more warehouses backed a vote on whether to take industrial action.
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NewsCoronation expected to cost online retailers £128m
King Charles’ coronation is expected to cost online retailers £128m as people around the UK host parties or attend events.
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NewsMoss Bros profits surge as shoppers ‘dress up again’
Menswear retailer Moss Bros has reported “another year of strong profit” as the demand for occasionwear booms and shoppers “dress up again”.
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NewsAdidas sales flatline as Yeezy fallout deepens
Adidas posted flat sales in the first quarter of 2023, as the global sportswear giant admitted the loss of the Yeezy brand is “of course hurting us”.
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NewsBoohoo ‘demanding’ 10% discount from suppliers
Online fashion giant Boohoo has asked suppliers for a 10% discount on both its delivered and undelivered orders in a bid to control costs, according to a report in The Times.
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NewsApple’s dip in sales offset by demand for iPhone
Apple has posted a decline in sales in the second quarter, but demand for iPhones has held up overseas.
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AnalysisStrategy spotlight: Five ways Kingfisher is maximising growth with Screwfix
Barring the huge boost for the sector during the pandemic, DIY giant Kingfisher has been reliant on its Screwfix trade-counter format to drive sales and profit growth in recent years. Meanwhile, its larger businesses, including B&Q in the UK and Brico Dépôt and Castorama in France, have struggled in a difficult trading environment
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NewsApril footfall boosted by Good Friday and Easter Saturday shopping
Retail footfall increased in April as shoppers hit stores to spend ahead of Easter Sunday.
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NewsStone Island names former Gucci executive as new CEO
Stone Island has announced the appointment of Robert Triefus as the brand’s new chief executive from June 1.
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NewsHolland & Barrett acquires fit-tech start-up Avie as it looks to go beyond retail
Holland & Barrett has acquired fit-tech start-up Avie as it looks to “extend its reach beyond retail through the creation of personalised wellness solutions”.
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NewsSkechers names Richard Parker as managing director for UK and Ireland
Skechers has promoted Richard Parker to managing director for UK and Ireland.
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NewsExclusive: Charity Super.Mkt confirms new location in bid to ‘reinvigorate’ high street
Retail Week can reveal that second-hand superstore Charity Super.Mkt will welcome shoppers in Manchester later this year as part of its bid to “reinvigorate” the high street.
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NewsJoe Browns posts ‘strongest year to date’ as sales and profits boom
Fashion retailer Joe Browns has reported its “strongest year to date” as sales and profits rise despite facing “well documented” economic challenges.
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NewsZalando credits boost in revenue and ‘improved profitability’ to online shopping club
Zalando has credited a rise in revenue and “improved profitability” in its first quarter to increased demand for its online shopping club Lounge by Zalando.
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NewsJohn Lewis drafts in former Hobbs boss to board
John Lewis Partnership has appointed former Hobbs chief executive Nicky Dulieu as a non-executive director.
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NewsSuperdry completes £12m equity raise
Superdry has successfully completed an equity raise of £12m as the retailer pursues a turnaround programme.
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NewsNext sales dip but remain in sync with guidance
Next has performed better than its sales guidance for the first quarter but said it was “too early in the year” to alter profit guidance.
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GalleryStore gallery: Exclusive look at Liverpool’s ‘one of a kind’ Eurovision shop
The official Eurovision Song Contest pop-up store has opened at the Liverpool One shopping centre ahead of the city hosting the event from May 9.
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NewsReiss launches partnership with McLaren Formula 1 team
Fashion retailer Reiss has signed with the McLaren Racing Formula 1 team to be its “official travel wear partner” in a new multi-year deal.