All articles by Ritika Bhoora – Page 6
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News
The Body Shop appoints administrators
The Body Shop has confirmed FRP Advisory as administrators of the business as it looks to “accelerate restructuring of the UK business”.
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News
January ecommerce sales suffer as demand weakens
Ecommerce sales took a sharp dip in January as most product categories recorded a slowdown due to weakened demand.
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Deliveroo, Uber Eats and Just Eat riders to strike on Valentine’s Day
Delivery drivers working for four takeaway apps, including Deliveroo and Uber Eats, are preparing to strike on Valentine’s Day as they push for better pay and working conditions, the BBC has reported.
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Waterstones profits fall as IT issues cause order backlog
Waterstones’ full-year profits declined despite a boost in sales as issues with stock distribution technology caused a backlog of orders.
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News
Exclusive: Lawyers write to new Body Shop owners over unpaid bonuses
Brazilian beauty giant and previous owner of The Body Shop Natura &Co’s legal counsel has reached out to new owner Aurelius over unpaid bonuses of former employees, Retail Week can reveal.
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News
Co-op turns to AI and secure tills as retail crime soars
The Co-op has turned to AI technology at self-checkouts and secure tills after a 44% rise in retail crime with grocery retailers reporting as many as 1,000 incidents a day, The Guardian reported.
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Sainsbury’s unveils ‘Next Level’ strategy
Sainsbury’s has said it expects to deliver growth in profit as it puts food and Nectar card at the heart of its ”Next Level Sainsbury’s” strategy for the next three years.
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News
Rituals sales soar driven by strong European home performance
Wellness and beauty retailer Rituals has posted record full-year sales as it grew “across all countries and across all channels” in 2023.
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News
Estée Lauder to cut roles as global sales decline
Global cosmetics giant, Estée Lauder Companies has confirmed restructuring plans as global sales declined in the three months to December 2023.
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Gallery
Castore opens first of 24 new flagships in Dublin
Manchester-based sportswear retailer Castore has opened doors to a first-of-its-kind flagship store in Dublin, Ireland.
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News
Sephora launches global branding as it seeks to ‘reinvent’ beauty industry
French beauty giant, Sephora is adopting a global brand signature as it looks to shape ”the prestige beauty industry” and ”reinvent the codes of beauty.”
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News
Retail sales slow in third year of high living costs
UK retail sales slowed in January as “the higher cost of living continued into its third year,” according to the latest BRC-KPMG Retail Sales Monitor.
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News
New Balance launches resale platform
New Balance has launched a new resale platform, Reconsidered, allowing consumers to shop for pre-owned shoes as it looks to focus on the “longevity and circularity of products”.
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News
Superdrug and Co-op kick off Apprenticeship Week with new roles
Superdrug and the Co-op have announced new apprenticeship roles as they push for reform to the apprenticeship levy scheme.
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News
L’Oréal orders staff to return to office
Global cosmetics giant L’Oréal has ordered its staff to return to the office for at least two Fridays every month as it tightens remote working policies, The Times has reported.
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News
Castore opens Dublin flagship in first of wider stores rollout
Manchester-based sportswear brand Castore has opened a first-of-its-kind flagship on Grafton Street, Dublin, as it sets out to reach its “highest potential in 2024 and beyond”.
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News
Retail footfall rallies as shoppers stay ‘bargain-focused’
Retail footfall continued on its downward trajectory in January compared to the previous year, but it improved from December as consumers remained “particularly bargain-focused”.
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News
Ryman launches app to disrupt online greeting cards sector
Theo Paphitis, former Dragon’s Den star and owner of Theo Paphitis Retail Group, has launched the first Ryman mobile app as the retailer aims to “disrupt the online greeting cards industry”.
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News
Fanatics appoints international president in newly created role
Fanatics, the pureplay sports retailer that specialises in licensed merchandise, has appointed Stephen Dowling to a newly created international president role.
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News
Adidas to sell remaining Yeezy stock
Adidas plans to sell its remaining Yeezy stock at cost price as full-year results benefited from a “better-than-expected” performance in the last quarter and the sale of Yeezy products.