All Retail Week UAT articles in April 2024 – Page 5
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NewsAsos sales continue to fall as it appoints new CFO
Asos has reported another slump in sales but says it will meet profit guidance for this year as it introduces a new chief financial officer.
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NewsAlibaba launches business academy for female entrepreneurs in Europe
Alibaba.com has launched its Academy for Women Entrepreneurs (AWE) in Europe to champion gender equality and female entrepreneurship.
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NewsGetir weighing asset sales as part of restructuring talks
Getir, one of the world’s largest rapid-delivery grocery platforms, is weighing a string of asset sales as part of a restructuring of the business after its valuation plummeted.
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AnalysisWill ex-Morrisons men make Poundstretcher another shrewd buy for Fortress?
Last week, it was announced that Majestic Wine and Punch Pubs owner Fortress had acquired discount retailer Poundstretcher, along with a new leadership team made up of ex-Morrisons staff.
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NewsMatalan adds 17 new brands and gets more inclusive on sizes
Matalan has launched 17 new third-party brands and extended its sizing options, strengthening its “commitment to bring customers better choice, style and value”.
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NewsMorrisons launches AI-based loyalty card feature in UK first
Morrisons is launching a new feature under its Morrisons More Card loyalty scheme which uses AI to personalise offers to each customer.
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InterviewJulian Dunkerton: Back my Superdry survival plan or the business dies
Superdry boss Julian Dunkerton says his proposals are the only way to give the embattled fashion retailer a shot at ‘rebirth’. But is it all too little, too late?
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NewsSosandar sales climb as it targets first physical stores
Sosandar’s revenue has reached £46.3m as it eyes locations for its first physical stores.
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NewsDr Martens CEO to depart and warns of ‘worst case’ 2025 scenario
Dr Martens said there was a “range of potential outcomes” for FY25 – including a potential “worst case scenario” if sales in the US flounder.
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NewsMarks Electrical posts record full-year sales
Marks Electrical revenue has reached a record £114.3m, despite an electronics slow-down and low consumer confidence for big-ticket items.
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NewsB&M racks up 10% growth as shoppers seek out savings
B&M group sales have grown to £5.5bn as budget-conscious consumers continue to hunt for savings.
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NewsBRC calls for tougher police action against retail crime
The British Retail Consortium is calling for tougher action against retail crime, as part of its Get Tough on Retail Crime campaign, ahead of the Police and Crime Commissioner (PCC) elections on May 2.
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AnalysisIs Amazon’s latest tech investment the answer to its workforce woes?
As Amazon continues to see growing strike action in the UK and abroad, Retail Week visited the Amazon Operations Innovation Lab in Vercelli, Italy, to see what it is investing in to improve its operations and the workforce.
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NewsSuperdry to quit stock market as part of survival plan
Superdry is poised to de-list from the London Stock Exchange as part of a restructuring plans that it says are critical to its long-term survival as a brand.
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NewsSports Direct fails to get injunction against Newcastle United FC
Mike Ashley’s Sports Direct has failed to get an injunction against Newcastle United to stop the football club’s exclusive kit deal with rival sports retailer JD Sports.
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NewsPrimark slashes kidswear prices on hundreds of products
Primark has slashed prices on hundreds of its essential childrenswear products ahead of the summer season.
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NewsBath & Body Works to open first standalone store in London
US beauty and lifestyle retailer Bath & Body Works is set to open its first standalone store at Westfield London shopping centre in White City.
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DataWhat makes Screwfix’s enviable ecommerce strategy stand out?
Screwfix is among the top 30 UK retailers recognised by analysts for leading ecommerce performance in the new Top 30 Ecommerce Retailers report. Here we deep-dive into the DIY brand’s digital model
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NewsCharles Tyrwhitt sales jump as brand pivots to casual work attire
Suits and shirts specialist Charles Tyrwhitt expects its business to grow by 20% over the next year as customer demands for casual work attire booms.
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NewsDr Martens sues Temu over trademark infringement
British footwear brand Dr Martens has launched a lawsuit against Temu, accusing the online giant of trademark infringement.