More on Me + Em – Page 316
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NewsOcado sales and customer numbers rise but basket size falls
Online grocer Ocado Retail reported being “on track to restore sales momentum” after revenues climbed in its first quarter.
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AnalysisRetail’s next CEO most likely to come from M&S or JLP
Retail Week’s Future Leaders report recognises 30 individuals with high potential to become CEOs at the UK’s biggest retailers. M&S and JLP boast the largest volume of future talent, followed by two other major brands
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NewsFood inflation surge drives shop prices to fresh highs
The highest levels of food inflation on record drove overall shop prices to fresh highs during the ongoing cost-of-living crisis in March.
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AnalysisCan Chinese retailer Miniso overcome its controversial past as it eyes rapid UK expansion?
In stark contrast to its motto “Life is for Fun”, Miniso has been involved in more controversies than the number of years it has been operational. From abandoning its Chinese heritage to allegedly faking its business model, Retail Week takes a closer look at the brand ahead of its expansion plans in the UK
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NewsMatalan names former Lidl and Co-op bosses as new chair and CEO
Fashion retailer Matalan has announced Karl-Heinz Holland and Jo Whitfield as the company’s new chair and chief executive respectively, with immediate effect.
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GalleryStore gallery: Fortnum & Mason’s new Food & Drink Studio
Fortnum & Mason has unveiled its revamped third floor, now dedicated to luxury food and drink.
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NewsThe Perfume Shop extends recycling scheme to all its stores
The Perfume Shop has rolled out its biggest perfume bottle recycling scheme across all 211 UK stores.
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Innovation of the WeekInnovation of the Week: Estée Lauder launches virtual Clinique Lab
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsBoots owner mulls float or sale by end of 2023 to focus on US market
Walgreens, the US-based parent company of Boots, could either sell or float the UK retail favourite as the global pharmacy giant faces intense pressure to break up.
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NewsEx-John Lewis boss Street: Staff ownership changes would be ‘a tragedy’
Ex-John Lewis boss Andy Street has urged the retailer not to change its staff ownership model, saying any move to take outside investment would be “a tragedy”.
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NewsIssa brothers eye £12bn merger of Asda and EG forecourt empire
The billionaire Issa brothers are reportedly racing to complete a merger of the Asda supermarket chain and their UK petrol stations in a bid to slash debt.
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AnalysisThe Disruptors: Three brands giving the value sector a run for its money
The latest instalment of Retail Week’s Disruptors series showcases the brands making waves in value and discount retail
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GalleryStore gallery: Inside Ikea’s latest small-format store
At just 764 sq ft, the Ikea Plan & Order Point store in Stockport, Greater Manchester, is one of the smallest locations the home and furniture giant has opened in the UK.
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DataRetail sales rise by value but volume falls
Retail sales climbed by value but fell by volume in February, official data has shown.
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DataConsumer confidence inches up but ‘cost-of-living crisis remains stark reality’
UK consumer confidence has jumped by two points in the month of March, though the outlook remains gloomy.
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NewsAsos expands health and beauty offer with new ranges
Asos has expanded its Face + Body range, exceeding more than 200 brands by the end of May as “viral trends and products drive demand”.
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InterviewQ&A: Ikea exec talks new tech and how AR can transform the in-store experience
Ikea’s country marketing manager Helena Gouveia, along with immersive tech company Warpin CEO Emma Ridderstad and partner director Eva Kindlundh, speaks to Retail Week about the in-store augmented-reality partnership
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NewsJohn Lewis boss White speaks out on stake sale speculation
John Lewis Partnership chair Dame Sharon White has said she will always act “in the best interest of the partnership”.
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NewsLevi’s trials AI-generated models to ‘increase diversity’
Fashion retailer Levi’s has announced it will trial the use of AI-generated models in a bid to “increase diversity of models that shoppers see”.
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NewsExclusive: Wickes boss ‘curious’ about high street DIY store concept
Wickes chief executive David Wood says he is “curious” about the idea of high street DIY shops, a concept currently being trialled by competitors B&Q and Ikea.