All The Works articles – Page 2
-
DataData: The 15 most improved retailers for gender pay equality 2022
Retail Week ranks the top-performing and most improved retailers for gender pay equality this year.
-
NewsThe Works forced to close several stores following cyberattack
The Works has temporarily shut some of its shops and suspended deliveries to stores in response to a cyberattack last week that involved “unauthorised access to its computer systems”.
-
NewsThe Works upgrades outlook as first half losses narrow
The Works has upgraded its EBITDA outlook for the 2022 financial year, after reporting narrowing losses in the first half of the year.
-
NewsThe Works counts ‘significant’ supply chain costs as sales rise
The Works has racked up “significant additional costs” to shore up its supply chains for the crucial golden quarter but insisted full-year profits will be in-line with market expectations.
-
NewsPingdemic hits fashion as stores forced to close
Fashion retailers are being forced to close shops and the opening of a new department store has been delayed as the ‘pingdemic’ forces workers to isolate.
-
NewsThe Works emerges stronger after ‘intensely challenging year’
Arts and crafts specialist The Works has reported that it is well positioned for the future after navigating the challenges of the pandemic.
-
NewsThe Works sales slide as coronavirus restrictions take toll
The Works revised its internal profit forecast earlier in January after store closures during the year tanked sales.
-
Retail Navigator AnalysisThe Works (SWOT)
Its discount-led offer has thrived in the value-for-money climate that has prevailed in recent years and The Works has become the go to destination for good value stationery and art materials as well as discounted books. As part of its new ‘better, not just bigger strategy, The Works is now taking a more strategic and customer-focused approach to range selection, stocking more front-list titles to improve its credibility as a bookseller.
-
Retail Navigator AnalysisTechnology strategy at The Works
The launch of a new web platform in July 2020 provided improved functionality and an enhanced customer experience and has laid the foundations for the retailer to invest significantly in online fulfilment capacity and shortening delivery times.
-
Retail Navigator AnalysisThe Works (Strategy)
Established in 1981 as a discount bookstore operation trading as Remainders, the retailer was re-branded as The Works in 2003.
-
Retail Navigator AnalysisStores at The Works
The Works has been busy strengthening its multichannel offer over the past few years and a modern, nationwide store network is at the centre of this.
-
Retail Navigator AnalysisThe Works (People)
Former CFO Gavin Peck replaced Kevin Keaney as chief executive in January 2020.
-
Retail Navigator Analysis
The Works (Overview)
The Works is the UK’s leading discount book retailer, but also sells a wide range of toys, gifts, stationery and art & craft supplies – all at discount prices.
-
-
-
-
Retail Navigator AnalysisThe Works (Financials)
Amid the cost-of-living crisis and the “residual impact” of a cyber security incident in March 2022, The Works’ sales climbed 5.8% to £280.1m in the 2022 financial year to 30 April 2023. This followed a 46.5% surge in sales the previous year boosted by the reopening of stores after a lengthy period of Covid lockdowns.
-
Retail Navigator AnalysisEcommerce at The Works
The Works has a well-established ecommerce business and has invested in growing its online presence, not simply as a different channel for customers, but as an integrated part of the physical shopping experience.
-
-
Retail Navigator AnalysisCustomer and marketing at The Works
The Works has a family-oriented product offer and says it appeals to “savvy consumers” who are looking for a great value alternative to full-price specialists of arts & crafts products, stationery, gifts, toys and books.
