All articles by Ritika Bhoora – Page 14
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News
Card Factory profits soar driven by strong store performance
Card Factory reported an increase in profits and sales driven by “value and quality proposition and the strength of our store estate”.
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News
Asos posts profits as turnaround strategy pays off
The online fashion giant posted profits despite sales declining in the fourth quarter of the year as its turnaround strategy paid off.
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News
Exclusive: Rituals to open 25 stores next year as it expands UK footprint
Rituals will be opening 25 stores next year and 10 new stores before the end of 2023 as it targets rapid expansion in the UK and Ireland, Retail Week can reveal.
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News
UK consumer confidence inches up but customers still under pressure
UK consumer confidence inched up four points in September as inflation slowed, but customers continue to face financial pressure.
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News
JD Sports CEO Régis Schultz: ‘If you do a good job, you get good results’
After JD Sports posted double-digit profit growth in the first half of the year, in line with expectations to hit the £1bn profit mark for the first time, Retail Week finds out what has made the business more successful than others in its space
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News
Avon signs exclusive retail partnership with Superdrug
Global beauty brand Avon has announced its first retail partnership in the UK as it rolls out products in more than 100 Superdrug stores nationwide.
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News
New private equity players bid for The Body Shop
British-based investors Alteri and Epiris have emerged as the new names that may be in the running to buy The Body Shop, Sky News reported.
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News
THG commits to sustainability targets after government U-turn
THG, which owns brands like Lookfantastic, Cult Beauty and MyProtein, has announced its net-zero targets have been validated by the Science Based Targets Initiative (SBTi).
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News
Exclusive: Natura values Body Shop at £500m as it approaches new potential bidders
The owner of health and beauty specialist The Body Shop is holding out for between £400m and £500m for the retailer, despite the first deadline for bids passing without any concrete interest from prospective buyers.
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News
M&S replaces plastic bags with paper carrier bags in all stores
M&S announced that it will offer paper carrier bags at checkouts across all stores in the UK as it pushes for sustainability in stores and reduces single-use plastic.
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News
Wilko staff to face pension cuts after benefit scheme enters the Pension Protection Fund
Wilko staff to face pension cuts as the retailer’s benefit scheme enters the Pension Protection Fund, the Sunday Times reported.
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News
Frasers Group to sell Missguided to Shein
Mike Ashley’s Frasers Group is in talks to sell Missguided to Chinese online giant Shein, Sky News reported.
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News
Waterstones owner Elliott in the running to buy The Body Shop
Waterstones owner Elliott Advisors is in the running to buy the Body Shop as it submitted an indicative offer to acquire the health and beauty retailer, Sky News reported.
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Gallery
Store gallery: Frasers opens new department store in Norwich
Frasers has opened a new concept store in Norwich, demonstrating the group’s “commitment to physical retail in the UK, as well as the continued growth of Frasers”.
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News
Exclusive: Boots shelves launch of marketplace
Boots has shelved plans to launch its own marketplace, Retail Week can reveal.
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Gallery
Inside football club Paris Saint-Germain’s first UK store
French football club Paris Saint-Germain (PSG) has opened the doors to its first store in the UK as it aims to develop “a permanent retail network in the world’s biggest cities” to reach global fans.
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News
Majestic Wine launches ‘biggest-ever festive recruitment drive’
Majestic Wine has launched its “biggest-ever festive recruitment drive” and will be hiring 200 new colleagues ahead of Christmas.
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News
Wickes sales increase as growth strategy pays off
Wickes reported an increase in sales driven by the “strength of our balanced business model and outstanding customer service delivered by our colleagues”.
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News
Primark expects growth in sales despite unseasonable weather
Value fashion giant Primark said it expects growth in sales and profit despite the “unusually variable and unseasonable weather” in the fourth quarter ahead of its full-year results.
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News
Boots extends Price Advantage scheme in new value campaign
Boots has launched new price-lowering campaign ‘best for less’ on more than 2,000 products as part of its support for customers during the cost-of-living crisis.