More on Me + Em – Page 346
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NewsMarks & Spencer pumps investment into northern stores
Marks & Spencer is to invest £28.5m into flagship stores in the north of England next year, almost a third more than in 2022.
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NewsPhase Eight owner poised to snap up Joules
Foschini, the owner of fashion retailers Phase Eight, Hobbs and Whistles, is close to buying bust counterpart Joules from administrators.
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NewsHotel Chocolat pins hopes on stores in tough trading conditions
Hotel Chocolat bosses hope the resurgence of stores will help it navigate tough conditions following a year of restructuring.
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NewsH&M to cut 1,500 jobs amid tough retail conditions
Fashion giant H&M is to axe 1,500 roles as it seeks efficiencies and consumers watch their spending as the cost-of-living crisis bites.
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NewsMarks & Spencer acquires Thread specialist fashion tech in personalisation push
Marks & Spencer is to amp up the personalisation of its fashion offer after acquiring the intellectual property of specialist marketplace Thread, which had collapsed into administration.
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NewsMulberry swings to loss in face of increased costs
Global handbag and accessories retailer Mulberry has swung to a loss as it grapples with factors such as the end of government Covid-19 support and the cost-of-living crisis.
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Opinion‘We must increase automation and robotics to support our workers’
With supply chains struggling under the pressures of a shrinking workforce, perceptions are shifting around the use of automation and robotics. Wincanton chief executive James Wroath makes the case for more technology in the warehouse
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News‘Bleak winter’ ahead as inflationary shop prices break new records
With shop price inflation showing no signs of slowing down heading into the final month of the year, the British Retail Consortium has predicted an “increasingly bleak” winter for retail.
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AnalysisHow to succeed in a permacrisis – five winning strategies for 2023
For its word of the year in 2022, the Collins English Dictionary has selected permacrisis – a term that defines “an extended period of instability and uncertainty”.
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AnalysisAnalysis: What does shopper behaviour on Black Friday mean for Christmas?
From surprisingly strong in-store results to the rise of the indies, shopper behaviour this Black Friday has produced some key lessons for retailers ahead of Christmas
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NewsExclusive: Wickes to invest £3.5m in early pay rise for staff
Wickes is bringing forward its annual pay review to support staff during the cost-of-living crisis.
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NewsExclusive: Wilko starts tough year on back foot with loss
Wilko swung to a loss at the beginning of the year, as the tail end of lockdowns, supply chain disruption and plummeting consumer demand all took their toll.
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NewsSuperdry confirms £70m refinancing loan talks
Superdry has confirmed it is in talks to borrow up to £70m from Bantry Bay Capital.
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Opinion‘The retail sector isn’t doomed, but 2023 will be a tough year’
While UK retail is facing historic pressures, the current environment is also throwing up opportunities for business. David Maddison from HSBC gives a banker’s view on the health of the sector
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NewsRetail staff among the most unhappy workers in any industry
Retail employees are some of the most unhappy and least engaged of any industry, according to a survey by Workl.
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NewsIkea unveils £12m cost-of-living support package for staff
Ikea has invested £12m in a pay rise and wellbeing support package to support its staff through the cost-of-living crisis.
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NewsBoohoo more than doubles Revolution Beauty stake to become largest shareholder
Boohoo has more than doubled its stake in embattled cosmetics specialist Revolution Beauty to become its biggest shareholder.
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NewsEG Group profits boosted by foodservice and Asda On the Move stores
Petrol forecourt giant EG Group has reported increases in profits and sales off the back of strong performances from foodservice, its grocery division and Asda On the Move store conversions.
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NewsWaitrose snaps up former M&S marketing boss as customer director
Waitrose has snapped up a former Marks & Spencer marketing director Nathan Ansell as its new customer director.
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NewsPrimark to plough £140m into UK high streets, creating 850 jobs
Primark has pledged to invest £140m into new shops across the UK during the next two years in a plan that will create at least 850 new jobs.