All Next articles – Page 9
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Opinion'Welcome to Web -1.0, where pureplays struggle and stores are stars'
Never mind the metaverse and Web 3.0 – as ecommerce players fall on tougher times, retailers must focus on creating genuinely multichannel models, writes Retail Week executive editor George MacDonald
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AnalysisAnalysis: Next boss Wolfson on the cost-of-living crisis, sterling and trading
Fashion giant Next cut full-year expectations when it posted interim results today, flagging uncertain trading conditions as retailers confront a host of issues ranging from the soaring cost of living through to political and economic volatility.
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NewsNext downgrades profit guidance as Wolfson prepares for long-term instability
Next has revised down its full-year profit and sales guidance despite a better-than-expected first half as Lord Wolfson prepares the business for an extended period of financial uncertainty.
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AnalysisAnalysis: Life after Debenhams – how beauty brands defied the department store downturn
Dwindling department store numbers across the UK could have been a death knell to the beauty sector’s fortunes, but new entrants and changing consumer habits have driven the sector’s performance
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NewsNext pulls out of Joules takeover talks as founder Tom Joule returns
Joules has confirmed that discussions with Next to take an equity stake in its business have come to an end.
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NewsNext investment in Joules in doubt following profit warning
A potential investment by Next in embattled fashion retailer Joules may not go ahead in the wake of the latter’s most recent profit warning
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NewsFlannels and Sports Direct secure Next Beauty & Home store for new flagship
Frasers Group has swooped on the Next Beauty & Home store in the Metrocentre in Gateshead as the site for a new two-in-one North East flagship.
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NewsNext in talks to take £15m minority stake in Joules
Joules has confirmed that it is in discussions with Next over a potential equity investment.
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Opinion'Shopify got its online gamble wrong – now the pureplays must spread their bets'
Ecommerce giant Shopify’s decision last month to axe 10% of its workforce turned received retail wisdom firmly on its head.
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AnalysisRetail’s new normal? What Next results say about stores, online and returns
As Next upgrades its profit outlook for the year following a strong second quarter, Retail Week explores the retailer’s data, which may paint the fullest picture yet of what the post-pandemic ‘new normal’ actually looks like.
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NewsNext upgrades profit forecast as pandemic shopping behaviours unwind
Next has again upgraded its full-year profit forecast after reporting a reversal of customer trends in the first half of the year.
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NewsNext underpaid staff for months after IT problems
Next has apologised to staff after the botched integration of new IT systems caused swathes of its workforce to be underpaid for months.
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AnalysisData: The forecast for store openings, closures and vacancies
The Great Store Revival report features data from Local Data Company (LDC) alongside industry predictions to provide a picture of what bricks and mortar will look like going forward.
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AnalysisThe stores forecast: Five predictions for physical retail’s future
Retail Week’s Stores Week 2022, this year’s edition of our annual event celebrating bricks and mortar, begins today. From Marks & Spencer, Liberty and Rapha to Benefit Cosmetics and Ikea’s real-estate arm Ingka Centres, brands and retailers from across the industry will reveal how they are investing in their store strategies and what they see as the future of stores.
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NewsNext sales up as digital channels exceed expectations
Fashion giant Next has reported a strong period of full-price sales growth as stores traded in line with expectations and its online channels far exceeded them.
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NewsNext teams up with investment firms to acquire JoJo Maman Bébé
Next and hedge fund Davidson Kempner have partnered to acquire mother-and-baby retailer JoJo Maman Bébé for an undisclosed sum.
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AnalysisDeep dive: How the cost-of-living crisis will hit retailers and their customers
Retail Week explores the impact of the current world crisis on each customer and business and asks what, if anything, can be done.
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GalleryStore gallery: Next launches combined beauty, home and fashion store
Next has opened its first department store incorporating its beauty, home and fashion offers under one roof.
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AnalysisNext boss Wolfson on store resurgence, return of pre-pandemic habits and cost of living
Fashion and home giant Next has trimmed profit expectations but – to the surprise of some – delivered better than expected trading performance at its UK stores business.
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NewsNext delivers surge in profits but global ‘uncertainty’ drives down forecasts
Next has posted a surge in profits but downgraded forecasts for its new financial year amid a slowdown in its international business.