All Retail Week articles in November 2023 – Page 10
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NewsAmazon opens first ‘Second Chance’ charity store
Retail giant Amazon has opened its first Second Chance Store in central London, offering customers a range of “quality returned products”.
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AnalysisTikTok Shop: three retailers nailing social commerce
Over 1.5 million UK businesses are now on the TikTok app, and the brand reports that the number of merchants joining its ecommerce platform is growing “rapidly”. We spoke to three social-savvy businesses that have made a success of it.
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NewsHalfords delivers sales and profit growth despite ‘volatile trading environment’
Halfords has posted an increase in sales across its retail and autocentres categories as well as a rise in profit.
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NewsCMA finds branded suppliers have ‘raised prices more than their own cost increases’
The Competition and Markets Authority (CMA) has found that branded suppliers have “raised prices more than their own cost increases” in its updated review of competition in the grocery sector.
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NewsPrimark to open new stores in Italy
Primark has announced it will invest more than €50m (£43.3m) into its Italian business and open five new stores as part of its international expansion push.
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GalleryWHSmith unveils its biggest UK store yet at Birmingham airport
WHSmith has opened its flagship store in Birmingham airport, the largest UK store in the company’s portfolio.
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Opinion‘Wilko was killed by inertia, not Liz Truss’ chaotic mini-budget’
’Retail is detail’ must be one of the oldest mantras in the industry but, sadly, Lisa Wilkinson wasn’t across it.
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NewsMytheresa profits slip as luxe fashion demand slows
Luxury fashion retailer Mytheresa posted an increase in sales despite a slip in profits during the quarter as demand by its “aspirational customers across all geographies” slowed.
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NewsEG Group sale of UK business to Asda eases debt burden
EG Group said the sale of its UK operations to Asda brought its total debt repayments in 2023 to $4bn, “significantly reducing the group’s net leverage.”
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InterviewThe Works boss Gavin Peck on revamping stores to win new customers
Variety retailer The Works is on a transformational journey under chief executive Gavin Peck, revamping its store estate from jumbled, “Aladdin’s caves” into spaces focused on offering something for every member of the family.
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NewsRetail footfall ‘steadied’ by Black Friday shoppers
Footfall across all UK retail destinations in November edged up as Black Friday helped to “steady the month”, according to the latest MRI Software data.
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AnalysisCustomer 2024: Three trends shaping the digital strategies of H&M, Nike, Ikea and more
As customer expectations continue to rise, retailers must make every online touchpoint count. Building on consumer research, we explore where retailers are already investing to stay ahead of the curve – and what trends will stick.
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NewsDr Martens warns on profits as ‘increasingly difficult’ US market takes toll
Dr Martens has issued a profit warning as it said ongoing problems with its US business “will take longer” to fix than first thought.
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NewsJollyes hails ‘strongest-ever first half’ as it eyes 100th store opening
Pet care specialist Jollyes has hailed a “record-breaking” first half as it eyes the expected opening of its 100th store ahead of schedule early next year.
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NewsMastercard unveils AI personal shopping assistant
Mastercard’s personalisation platform Dynamic Yield has announced the launch of an advanced generative AI shopping tool for consumers.
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NewsLidl predicts ‘record-breaking Christmas’ as customers stock up early
Lidl expects a “record-breaking Christmas” trading period, with footfall to stores jumping 11% in the past six weeks.
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AnalysisHas Amazon finally cracked the c-store?
By adding conventional self-checkout tills to its proprietary ‘just walk out’ technology at its latest Fresh store, has Amazon finally cracked the ‘convenience’ part of the c-store?
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NewsAldi invests £12m in slashing prices on 180 Christmas products
Aldi has announced a £12m investment on prices, lowering the cost of 180 Christmas products by an average of 20%.
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NewsIkea launches more Tesco car park pick-up locations
Ikea will roll out more mobile pick-up points following a successful trial in partnership with Tesco.
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Retail VoiceWhat you might not know about digital wallets
Digital wallets have become a staple in the payments landscape over the past few years. Michael Bosshammer, Elavon Europe head of corporate retail, looks at the essential need-to-knows.