More on Me + Em – Page 55
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NewsMamas and Papas CEO to step down as new growth plan launches
The recruitment of a new chief executive will be “announced shortly”
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NewsDebenhams completes £175m refinancing deal
The company announced that a new three-year credit facility would be led by investment firm TPG Angelo Gordon, a subsidiary of TPG which had helped take the Debenhams department store chain private in 2003.
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NewsWHSmith issues shock profit warning
WHSmith, which sold off its UK high street arm earlier this year to focus on its travel operations, has revealed a financial review found an overstatement of £30m in headline profit in its North American division.
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NewsLidl commits to anti-sexual harassment agreement with equality regulator
The UK arm of the supermarket chain has signed an agreement with the Equality and Human Rights Commission (EHRC).
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NewsFrasers Group mulls bid for Manchester Arndale centre
Frasers Group is weighing up a bid to take a 50% stake in Manchester’s iconic Arndale centre shopping centre, Retail Week understands.
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AnalysisAfter ONS retail sales delay, what data do retailers rely on?
In the age of AI, using external, unstructured data is one way that retail firms can stand out, new research shows
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NewsConsumer confidence ‘in the doldrums’
Consumer expectations are showing signs of stagnation, according to the British Retail Consortium.
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NewsCourt to have final say on Poundland restructuring after creditor pushback
Creditors have failed to fully back value retailer Poundland’s restructuring plan, meaning a final decision will be made at a court hearing next week, Retail Week understands.
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AnalysisUlta Beauty: What does the largest beauty retailer in the US want with the UK?
There’s an abundance of beauty retailers in the UK from high street staples Boots and Superdrug, experience-led retailers Sephora and Space NK, and emerging brands such as Pure Seoul, but is there room for more?
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NewsToy maker Pop Mart’s profits soar as Labubu doll craze intensifies
Labubu dollmaker Pop Mart has reported a near 400% increase in profits in their half-year results.
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NewsSeasalt hails strong year of growth despite external challenges
Cornish clothing brand Seasalt has recorded another strong trading year with significant progress in international growth and UK bricks-and-mortar store sales.
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NewsLidl launches new logo to help customers identify healthy food products
Discounter Lidl has announced its new ‘Live Well’ logo, which aims to highlight healthy products and promote more sustainable diets.
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NewsWalmart recalls possibly radioactive shrimp
US retail giant Walmart has recalled some shrimp products in 13 states after a shipment of the product tested positive for radioactive contamination.
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NewsTopshop to return to UK high street with Liberty
Topshop has confirmed the identity of its first UK stockist in a social media video showing the façade of iconic London department store Liberty.
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FeatureFrom browsing bliss to tedious clicks: Has online shopping lost its spark?
According to research by Criteo, 76% of people think that ecommerce is functional, but not fun, almost 80% find shopping online lonely, compared to an experiential in-store experience, and nearly a third even view it as a chore.
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AnalysisPoundland poised to press button on £1 price rollout as it awaits restructuring green light
Assuming the value retailer wins support for its turnaround plans in the next few days, boss Barry Williams thinks it could make a comeback as swift as its decline. Here, he tells Retail Week about his plans to make Poundland a favourite with shoppers once again
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Chart of the WeekUK shoppers more hesitant about AI in retail than international consumers
A survey of shoppers in five key Western markets has shown that UK consumers are the most likely to express hesitation about the rollout of AI features by retailers.
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NewsONS retail sales data delayed for ‘quality assurance’
The data was due to be published on Friday, but will now be published a fortnight later, according to the UK statistics body
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NewsJollyes launches on-demand delivery with Uber Eats
UK-based pet store chain Jollyes have teamed up with food delivery app Uber Eats to become the first national pet care partner available on the app.
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NewsJohn Lewis appoints chief digital and omnichannel officer
Department store group John Lewis has named a chief digital and omnichannel officer as it seeks to build its digital operations.