All articles by Ritika Bhoora – Page 9
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News
UK consumer confidence ‘firmly in negative territory’ despite rise
UK consumer confidence had a “modest improvement” as it rose two points in December but remained “firmly in negative territory” as the cost-of-living crisis continues.
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Interview
Q&A: Lush head of retail on bringing fun back to stores
As the handmade bath and body retailer opens its biggest store yet in Glasgow, Retail Week speaks to Lush head of retail Kasey Swithenbank about what makes the new store different and bringing back a sense of fun
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News
Sephora expands with third store in Manchester
French beauty retailer Sephora has revealed plans to expand in the North of England, with a third UK store opening in Manchester’s Trafford Centre.
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News
Currys sales decline but profit guidance holds
Currys reported a decline in group revenue for the six months ending October 31, but made no change to profit guidance as trading remained in line with expectations.
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News
Retailers call for levy scheme reform to secure UK food supply
The British Retail Consortium alongside the National Farmer’s Union (NFU), UKHospitality and seven leading grocers have called for reform to the apprenticeship levy system.
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News
Potential Boots and Shein IPOs show ‘there is life’ in the City
As the week saw news of both Boots and Shein exploring a public listing in London, analysts told Retail Week that there may still be “life in the old dog yet”.
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Gallery
Lush opens biggest store yet in Glasgow
Lush, the handmade bath and body retailer, has opened its biggest Scottish store on Buchanan Street, Glasgow, featuring experiential concepts and an in-store coffee shop.
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News
Pepco posts ‘disappointing profit outturn’ despite record sales
Discount retailer and Poundland parent company Pepco Group has posted a “disappointing profit outturn” after record European store openings and despite a record 17.7% growth in full-year revenue.
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News
Waitrose to expand export business as global sales grow
Waitrose has unveiled plans to expand its export business as demand for products continues to grow in international markets.
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News
Sosandar swings to loss despite growth in revenue
Sosandar reported a loss in the first half of the year despite a growth in revenue as it continues to move towards a multichannel model.
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News
Harrods opens new womenswear rooms for 'ultimate shopping experience'
Luxury department store Harrods has opened two new rooms as part of the second phase of its womenswear redevelopment project.
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Interview
Q&A: Frasers CFO Chris Wootton on luxury demand and future acquisitions
As Frasers reports an increase in sales and profit across its portfolio, driven by the group’s elevation strategy, Retail Week speaks to chief financial officer Chris Wootton about what’s next for the retail powerhouse
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News
Activist investor Kelso urges THG to demerge business
Activist investor group Kelso Group Holdings has urged ecommerce giant THG to consider a demerger of its three business divisions “to maximise shareholder value”.
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Analysis
Lookfantastic looks ahead to eight beauty trends for 2024
From glass haircare to skincare brands catering for Gen Alpha, THG-owned pureplay beauty retailer Lookfantastic reveals eight of the biggest trends that will shape the world of beauty in 2024.
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Gallery
Boots opens new beauty concept store at Battersea
Boots has opened its latest beauty concept store at Battersea Power Station as it looks to “solidify its position as the UK’s number one beauty destination”.
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News
Sainsbury’s to move to new HQ
Sainsbury’s is set to move its head office after nearly two decades at its current location.
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News
Exclusive: THG orders staff back to office five days a week
Ecommerce giant THG has ordered all its Manchester head office staff to return to the office five days a week, Retail Week can reveal.
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News
Moonpig profits and sales grow
Online greeting cards specialist and technology platform Moonpig reported a growth in profits and sales, despite the challenging macroeconomic environment.
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News
Superdrug launches early Sale ahead of Christmas
Superdrug has announced early reductions on Christmas gifting ahead of January as it commits to making the holiday more affordable and accessible to customers.
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News
Grocery sales to hit £13bn for first time in December
Grocery sales are expected to surpass £13bn for the first time this December as “the scene is set for record-breaking spend through the supermarket tills this Christmas”.