All News articles – Page 8
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NewsTesco is launching a new venture to help international grocers with online sales
Tesco is developing a new venture aimed at helping international supermarket chains grow their online businesses.
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NewsAldi is making an ‘unprecedented’ investment following record sales growth
Aldi is making its “biggest ever annual investment in Britain” to open and refurbish a raft of stores by the end of this year, following its highest-ever period of sales growth.
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NewsThe Body Shop has been rescued
More than 100 Body Shop stores have been rescued from shuttering after a rescue deal was struck for the struggling chain.
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NewsAsos rejected a higher bid for Topshop from Shein and ABG
Asos sold its 75% stake in the Topshop and Topman brands to Heartland for £135m despite receiving a higher offer from fast-fashion juggernaut Shein and Authentic Brands Group (ABG).
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NewsHome Bargains is closing all of its stores for three days over the Christmas period
Value retailer Home Bargains will close all of its UK stores for three days over the festive period, allowing colleagues to enjoy time off with loved ones.
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NewsThe Body Shop buyer has lined up working capital deal
The expected purchaser of The Body Shop is in advanced discussions to secure new financing as a deal nears.
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NewsConvenience store giant rejects $38bn takeover bid
The owner of c-store powerhouse 7-Eleven has spurned a $38bn takeover bid, but said it is open to further discussions.
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NewsJohn Lewis will revive its famous ‘Never Knowingly Undersold’ promise
Department store business John Lewis is to bring back its famous price pledge – ‘Never Knowingly Undersold’ – and apply it to online rivals too.
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NewsGymshark drafts in former Farfetch exec as chief people officer
Gym and fitness retailer Gymshark has named Sian Keane as chief people officer to lead its “people strategy, helping transform Gymshark into an international omnichannel company.”
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NewsAsos has sold a majority stake in Topshop and Topman brands
Online fashion giant Asos has today announced a new joint venture with Heartland, the holding company of Danish fashion retailer Bestseller, to sell a majority stake in the Topshop and Topman brands.
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NewsCurrys has hailed a ‘positive start to the year’ as sales rise
Electricals giant Currys has hailed a “positive start to the year” and said it is “well set” for the pending peak trading period as sales at the electricals giant increased.
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NewsPrimark has maintained its guidance despite unseasonable summer weather taking toll
Fashion giant Primark has maintained its full-year guidance despite the unseasonable British summer taking its toll during the second half.
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NewsM&S turns to AI and social media spending to boost sales and attract Gen Z shoppers
Marks & Spencer is ramping up its growth strategy with an “accelerated pace of change” across digital, data and tech as it uses AI and social media spending to attract younger shoppers.
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NewsThe Perfume Shop to hire for 750 Christmas temp roles ahead of the festive season
The Perfume Shop will be hiring over 750 temporary roles from mid-September through to October as it launches its Christmas recruitment programme.
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NewsAmazon unveils pay rise for tens of thousands of UK staff
A new pay rise will lift minimum rates for staff by nearly 10% and follows on from Amazon’s victory over an attempt by warehouse workers to unionise.
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NewsUniqlo has named a British stylist and fashion designer as its new creative director
Global fashion giant Uniqlo has today announced the appointment of a new creative director at the business.
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NewsFormer Clarks boss drafted into leadership team following fresh round of senior management departures
Exclusive: Questions have been raised over the strategic direction of Clarks, after Retail Week reveals that a former CEO, who is now on the board of the retailer’s majority owner, has been drafted in to help run the business following another swathe of senior management departures.
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NewsPrimark launches pre-loved pop-up shops
Retail giant Primark is launching its first Swap Shop initiative for customers to allow them to swap vintage and pre-loved clothes in stores.
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NewsPoundstretcher has slashed prices on hundreds of products in-store
Value retailer Poundstretcher has cut prices by up to 75% on hundreds of selected products in-store as part of its summer sale.
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NewsIkea exec says AI is ‘enhancing, not replacing’ creativity in its retail operations
An Ikea executive has said that AI is “enhancing, not replacing” creativity in its retail operations, as the technology can boost the customer experience.