All articles by Ritika Bhoora – Page 7
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News
Lloydspharmacy goes into liquidation
Lloydspharmacy has gone into liquidation with a debt of £293m still owed to creditors, according to documents filed by its liquidators on Companies House last week.
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News
Retail footfall resilient despite storms and strikes
Footfall across all UK retail destinations was resilient in January despite disruptions caused by rail strikes, according to the latest MRI Software data.
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News
Sweaty Betty names former international hockey player as CMO
Sweaty Betty has appointed former England and Great Britain hockey player Kerry Williams as its new chief marketing officer as the retailer heads into “a time of immense transformation”.
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News
Boots rolls out NHS Pharmacy First in major change to patient care
Boots has launched the NHS Pharmacy First service across all its stores in England as it undergoes “one of the most significant changes” in its 175-year history.
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News
Exclusive: The Body Shop sells parts of Europe and Asia business
The Body Shop will be selling “most of its business in mainland Europe and in parts of Asia” as it transforms under the new ownership of private equity firm Aurelius, Retail Week can reveal.
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News
Frasers to open in former John Lewis Peterborough site
Frasers is set to take over the former John Lewis store at Queensgate shopping centre in Peterborough as it continues to expand its physical retail estate.
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News
LVMH profits and sales grow in ‘another historic year’ for Sephora
Luxury goods conglomerate LVMH reported a surge in sales and profits as beauty giant Sephora delivered an “exceptional performance” for the full year 2023.
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News
Lidl to invest £70m to support British veg farmers
Discount supermarket Lidl has revealed plans to invest £70m in long-term contracts as part of its commitment to support British vegetable farmers.
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News
Superdry CFO steps down as it issues profit warning
Superdry reported a fall in sales and said it expects full-year profitability to be impacted as it blamed “a challenging consumer retail market” set against ”macroeconomic uncertainty and some remarkably unseasonal weather conditions” for its weakened financial performance.
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News
WHSmith sales soar driven by ‘strongest ever’ travel division
WHSmith posted growth in sales in the 20 weeks to January 26, 2024, as it achieved its “strongest ever position as a global travel retailer”.
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News
UK consumer confidence rises to best score in two years
UK consumer confidence rises to “best headline score in two years” as optimism strengthens with inflation predicted to fall in the next 12 months.
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News
The Fragrance Shop sales surge in 'exceptional' Christmas
The Fragrance Shop has posted a record-breaking Christmas as sales surged in the 13 weeks to December 31, 2023.
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Analysis
Own-brand beauty: How ‘budget’ lines have disrupted the market
With beauty retailers enjoying a bumper Christmas trading period, the one thing they all had in common was the resounding success of their competitively-priced, own-brand products against the traditionally dominant branded offerings.
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News
THG Ingenuity partners with fashion retailer Omnes 'to go to next level'
THG’s tech business Ingenuity Commerce has announced a new partnership with UK-based sustainable fashion retailer Omnes to fuel its growth plan.
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News
JD Sports completes Polish acquisition
JD Sports has completed the acquisition of Poland-based footwear and clothing company Marketing Investment Group (MIG) as it strengthens its foothold in Central and Eastern Europe.
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Interview
Q&A: Yoga brand Bahe on stretching past the pandemic sweatpants trend
Retail Week talks to Australian yoga and Pilates activewear brand Bahe as it plans to go global and bring innovation to the sector
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News
Superdry appoints PwC to review finances after profit warning
Fashion retailer Superdry has appointed PwC as advisers to examine debt-raising options as pre-Christmas trading suffered.
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News
Holland & Barrett teams up with THG for supply chain overhaul
Holland & Barrett has proposed a three-year partnership with THG’s tech arm Ingenuity as it undergoes a “multimillion-pound redevelopment of its supply chain”.
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News
THG returns to revenue growth after ‘best performance of 2023’
THG, which owns health and beauty brands like Lookfantastic and MyProtein has posted a return to revenue growth in the “best quarterly performance of 2023.”
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News
Card Factory delivers strong sales in festive season
Specialist retailer Card Factory has reported a strong performance in the run-up to Christmas as it expects to deliver adjusted profit before tax at the top of the range of market expectations.