All Retail Week UAT articles in April 2024 – Page 3
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NewsExclusive: Primark names new executives on strategic advisory board
Martin Brok, Sona Chawla and Christophe Roussel have joined Primark’s strategic advisory board, chaired by outgoing finance director John Bason and led by chief executive Paul Marchant, Retail Week can reveal.
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NewsCotswold Co expands home delivery in Northern Ireland
The Cotswold Company is expanding its online offer in Northern Ireland following a trial last summer.
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NewsGrocery shoppers still hunting bargains as inflation falls again
Grocery shoppers saved themselves £1.3bn through promotional spending over Easter, as inflation fell for the 14th month in a row.
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NewsJohn Lewis finance boss heads for the exit
John Lewis Partnership finance supremo Bérangère Michel is to leave after more than a decade at the retailer, where she held a raft of top roles.
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NewsTHG sales dip as devalued yen hits nutrition business
THG has reported a dip in sales for the first quarter as its nutrition business proved to be a drag on surging beauty sales.
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NewsJD Sports strikes £899m deal for US sportswear brand Hibbett
JD Sports has entered into a binding agreement to acquire US sportswear brand Hibbett for £899m.
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NewsPrimark profits soar as retailer targets further UK click-and-collect rollout
Primark profits have leaped and sales increased as the fashion brand targets rolling out click and collect across more stores across the UK.
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NewsThe Body Shop’s downfall triggered by owner’s failure to refinance loan
The Body Shop’s collapse was triggered by owner Aurelius failing to refinance loan, which resulted in an unplanned funding gap upwards of £100m.
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InterviewMohsin Issa: ‘I’m absolutely committed to Asda's long-term success’
Asda owner Mohsin Issa talks to Retail Week to discuss the rumoured split with his brother, supermarket strikes, his search for a CEO and his long-term vision for the grocer
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Retail Navigator NewsData - the top 20 international retailers in the UK
Exclusive Retail Navigator data shared with Retail Week this week reveals eBay tops the ranking of international retailers by UK sales percentage in 2022/23. Although eBay started as a site largely matching buyers to sellers of second-hand goods, in 2022 around 80% of products it sold worldwide were new items. The UK accounted for 16.3% of the eBay’s total turnover in 2022/23, with 50% of the US marketplace’s group revenue coming from its international business.
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NewsMarks & Spencer launches free postal donation service for pre-loved clothing
Marks & Spencer is trialling a free postal donation service, in partnership with Oxfam, as it calls upon customers to donate wearable and unwearable clothing with the potential to be used, reused or recycled.
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NewsAsda sales and profits increase as it continues focus on growth
Asda has reported increased sales and underlying profits as the supermarket continues its strategy to focus on growth.
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NewsGetir close to exiting UK market
Grocery delivery app Getir is said to be preparing to exit the UK market, which could put more than 1,000 jobs at risk.
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NewsOcado shareholders push for switch to New York stock market
Ocado is under pressure from its shareholders to consider leaving the London stock market for New York, according to The Sunday Telegraph.
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Innovation of the WeekAmazon unveils latest tech advances aimed at ‘actively supporting employees’
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team. Every week, we will bring you new ideas and case studies that link to the trends in our Retail Horizon 2024 reports – across consumer, technology, sustainability, and economy, policy and industry.
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DataRanking: The 20 biggest international retailers in the UK
To see just how worldly the UK’s retail landscape has become, we asked Retail Week sister brand Retail Navigator to reveal the international retailers with the biggest UK sales, and how much they’re forecast to grow over the next few years.
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NewsTikTok Shop UK launches preowned luxury category
TikTok Shop UK has launched a preowned luxury fashion category where shoppers can browse through big brands added to the platform.
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NewsAsda co-owner Zuber Issa close to selling £500m stake
Asda co-owner and billionaire Zuber Issa is reportedly edging closer to securing a deal to sell his £500m stake in the grocer to private equity firm TDR Capital.
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NewsBoots gives vegan own-brand range a makeover
Boots has relaunched its vegan and cruelty-free own-brand cosmetics range the Natural Collection by launching over 100 products with a clean new look and fresh formulations available at £5 or under.
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NewsRapid-delivery firm Gopuff to price match against Aldi
Grocery delivery platform Gopuff has announced it is price matching against discounter Aldi on certain items for London-based customers.