All Retail Week articles in November 2022 – Page 6
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NewsLidl profits soar as customers switch millions of pounds to discounter
Lidl profits and sales have soared as deepening food inflation and the worsening cost-of-living crisis have seen hundreds of thousands of customers a week making the switch from supermarkets to the discounter.
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NewsBurberry unveils new British brand focus as profits and sales grow
Burberry has said it will refocus its branding on its British heritage under chief creative officer Daniel Lee, as sales and adjusted profits grew in the first half of the year.
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NewsExclusive: River Island boss Will Kernan to step down
River Island chief executive Will Kernan is stepping down after three years at the helm, Retail Week can reveal.
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NewsGovernment announces transitional relief scheme for business rates
The government has unveiled a transitional business rates relief scheme, a freeze on multipliers and increased support packages, but the next revaluation of rates will go ahead in April 2023.
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DataConsumer confidence inches up as Sunak takes charge
Consumer confidence has increased slightly, up from the historic lows it reached in recent months.
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NewsPrimark to embark on ‘aggressive’ US store expansion plan
Primark has announced it is to embark on an “aggressive” expansion project to grow its US store estate.
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NewsRetail sales continue downward spiral in October
Retail sales remained sluggish through October as the cost-of-living crisis continued to impact consumer confidence.
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NewsTesco offers staff pay advances to help with cost-of-living crisis
Supermarket giant Tesco is offering staff advances in their pay to help them navigate key debt deadlines amid the ongoing cost-of-living crisis.
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Retail VoiceWhy retailers should leverage the D2C business model during uncertain times
As retailers continue to be blighted by increasing costs, 4C Associates’ Kenta Shibuya examines how the direct-to-consumer model can help boost bottom lines
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Innovation of the WeekInnovation of the Week: Amazon's interactive fashion solution
Welcome to the Retail Week Innovation of the Week, a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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VideoWatch: Tech List titans predict digital retail’s biggest innovation plays
The Tech List, Retail Week’s definitive index of the 50 most influential leaders in global digital commerce, was published last month. We brought together two of the leaders celebrated, Starship Technologies and True, alongside industry experts Braze and Okta, to dig deeper into the latest thinking on online innovation and digital trends
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Opinion‘The pandemic gave us the staff wellbeing wake-up call we needed’
By helping people be at their best both inside and outside work, we can increase already world-class levels of colleague engagement, believes Currys chief people officer Paula Coughlan
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NewsWilko in talks to secure £30m emergency loan
Wilko is on the hunt for a £30m cash injection as crippling cost pressures intensify in the run-up to Christmas.
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NewsIceland founder Sir Malcolm Walker rebuffs takeover interest
Walker has seen “frequent approaches” for the chain and opportunistic investors buying its debt at a discounted rate
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NewsScrewfix opens first store in France
Screwfix has opened its first store in France as it plays to win a share of the French trade professional market.
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NewsSuperdrug goes live with online marketplace as it steps up digital transformation
Superdrug has launched its online marketplace as part of a drive to “dramatically increase” its health and beauty range.
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NewsWickes embarks on new store opening programme
Wickes is set to begin a new store opening programme to address areas where it is underrepresented throughout the UK.
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NewsHalf of customers set spending limits for Christmas presents
Half of UK customers are setting themselves spending limits on Christmas presents for children and partners this year as inflation continues to run rampant.
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Retail VoiceThree reasons why Pay by Bank can help win customers
Can the way in which a customer pays really enhance the customer experience and drive real value for the retailer at the same time? fumopay’s Kevin Ludford believes it can.
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OpinionGraham Bell: ‘Retailers have as big a role as government in tackling cost-of-living crisis’
Retailers are undoubtedly operating in an ongoing challenging environment, with consumers facing the challenges of the increased cost of living against the backdrop of a looming recession.