All Retail Week articles in October 2024 – Page 5
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NewsIkea’s sales have taken a hit following its move to lower prices
Ikea’s move to draw shoppers in with lower prices has taken a toll on its revenues.
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NewsBensons has opened an ‘unprecedented’ number of new stores
Bensons for Beds has opened more than a dozen new stores in less than a month following its buy-up of doomed Carpetright locations.
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NewsRiver Island has swung to a loss amid a ‘challenging’ environment and tough competition
Fashion retailer River Island has swung to a loss amid declining sales and competition within the fashion market continuing to ramp up.
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NewsUniqlo parent Fast Retailing's sales have exceeded £15bn for the first time
Fast Retailing, the owner of fashion retailer Uniqlo, has reported soaring sales and profits for the full year as sales exceeded ¥3trn (£15.5bn) for the first time.
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NewsTHG to demerge Ingenuity arm to simplify business model as it sets sight on FTSE
THG is set to demerge its Ingenuity arm as it simplifies its business model as a consumer beauty and nutrition group and targets inclusion in the FTSE UK Index by March 2025.
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Opinion‘The Employment Rights Bill will hit retail harder than most’
Increased costs, changes to dismissal rules and preventing sexual harassment are among the factors retailers must consider as the new government shakes up employment policy, cautions Anna Elliott
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NewsWhite Stuff is opening its first airport store
White Stuff is taking its offer airside with its first airport store.
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NewsQuiz chief financial officer heads for the exit
Fashion retailer Quiz’s chief financial officer and company secretary is exiting the business.
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NewsZalando has upped its guidance as sales and profits soar in ‘strong start’ to the season
Online fashion giant Zalando has increased its full-year guidance as sales and profits surged thanks to a “strong start” to the autumn/winter season.
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GalleryLouis Vuitton has opened its first store and cafe at a UK airport
Luxury fashion brand Louis Vuitton has opened a new store and cafe at London’s Heathrow Airport.
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AnalysisTHG’s Ingenuity demerger explained and what it means for the rest of the business
As THG demerges its Ingenuity division, Retail Week examines what this means for the online retail giant
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Innovation of the WeekAmazon aims to cut delivery time and effort with new 'vision-assisted' tech
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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InterviewInterview: Matt Hood – The man taking the Co-op back to the future
Hood has been with the Co-op for seven years and running its food business for more than two. He was promoted at a time of huge change at the Co-op, following a sustained period of success under former group chief executive Steve Murrells and Hood’s predecessor Jo Whitfield.
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NewsMulberry's owner has rejected an increased bid from Frasers Group
The owner of luxury fashion brand Mulberry has rejected a revised bid from Frasers Group and said it has “no interest” in selling its shares to the retailer.
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NewsRetailers have urged the chancellor to keep promise on business rates relief
Chancellor Rachel Reeves has been urged to maintain the government’s commitment to ease the pressure from business rates on the high street.
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NewsSelfridges’ property portfolio value plummeted last year
The value of luxury department store Selfridges’ property portfolio plummeted by more than half a billion pounds last year, according to reports.
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NewsFrasers Group managing director of sport is leaving the business
Managing director of sport at Frasers Group Ger Wright is set to leave the business.
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GalleryAustralian retailer Harvey Norman has opened its first store in England
Australian technology, lifestyle and appliance retailer Harvey Norman has broken into the English market with its debut store in the Merry Hill centre in Dudley, West Midlands.
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NewsPoundstretcher has made a raft of new appointments
Poundstretcher has made several new appointments to support its future growth ambitions following its purchase by Majestic Wine owner Fortress.
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NewsLidl has created a ‘retail leadership’ apprenticeship degree
Lidl has today launched its inaugural retail leadership degree apprenticeship, with 51 new apprentices joining the scheme.