All Retail Week UAT articles in April 2024 – Page 8
-
NewsEid festival to return to Westfield following ‘record’ footfall last year
Unibail-Rodamco-Westfield (URW) has announced the return of the Eid festival following the huge success at Westfield London last year.
-
NewsExclusive: Nobody’s Child ramps up US expansion
Fashion retailer Nobody’s Child has made its bricks-and-mortar debut in Nordstrom and Von Maur stores across the US as it accelerates its expansion strategy, Retail Week can reveal.
-
AnalysisMyntra: Who is the fashion marketplace partnering with Next in India?
After highlighting overseas ambitions as one of three key strategies for growth in its latest results, Next last week inked a franchise deal with Indian marketplace Myntra to expand in the territory. Retail Week takes a look at the brand’s new partner, its history and how the deal fits in with Next’s wider strategy
-
NewsTesco teams up with international grocery giants on start-up investment fund
British supermarket Tesco has teamed up with grocery giants from around the world on a five-year, $125m (£98.9m) venture capital fund designed to “accelerate innovation”.
-
NewsFrasers to open Sports Direct flagships in London Westfield centres
Frasers Group is set to open two new Sports Direct flagship stores in Westfield London shopping centres as it expands its “elevation strategy”.
-
NewsTed Baker administrator closes 15 stores with 245 job losses
Administrator Teneo has announced the closure of 15 Ted Baker stores across the UK, resulting in 245 job losses at the fashion retailer.
-
NewseBay scraps selling fees for secondhand clothes
eBay has become the latest marketplace to ditch its selling fees for fashion-seeking UK users in its latest effort to encourage shopping for pre-owned clothing.
-
NewsJohn Lewis names former Tesco boss Tarry as new chair
Former Tesco UK chief executive Jason Tarry has been appointed chair of the John Lewis Partnership, succeeding Dame Sharon White.
-
NewsThe Highlands and Pace Partnership London launch outdoor fashion platform
Barbour partner store owner The Highlands and brand-building consultancy Pace Partnership London have launched a new retail concept, Out With Style, dedicated to outdoor clothing.
-
NewsRetailers face mounting pressure as insolvencies surge by 19%
Rising interest rates, escalating costs and restrained consumer spending have cast a shadow over retail, leading to a surge in insolvencies.
-
NewsCurrys shareholder pushes for sale of ID Mobile
A major Currys shareholder is urging the electricals retailer to sell its mobile phones division, ID Mobile, in the aftermath of two abandoned takeover attempts.
-
NewsZuber Issa to stand down as EG Group co-CEO
Zuber Issa, co-founder of EG Group, intends to relinquish his role as co-chief executive of the petrol station empire he helped to build.
-
NewsCyberattacks and fraud cost UK retail sector £11bn in 2023
The UK retail sector lost £11.3bn to fraudulent activity in 2023, according to global financial technology platform Adyen.
-
NewsThe Body Shop administrator proposes CVA to rescue business
The Body Shop’s administrator has proposed a company voluntary arrangement (CVA) to rescue the business, according to a report outlining the struggling beauty chain’s financial position and the events leading up to its administration.
-
NewsB&M takes aim at grocery loyalty schemes with new food campaign
B&M has introduced a new food campaign in stores and online, which seemingly hits out at supermarket loyalty schemes.
-
NewsMajestic completes rescue deal for Vagabond Wines
Majestic Wine has announced the acquisition of Vagabond Wines following its collapse into administration last month.
-
NewsCarpetright calls in advisers to cut costs as demand slows
Flooring retailer Carpetright has reportedly drafted in advisers to help explore cost-saving measures as demand for the business has slowed.
-
Opinion‘As Shein leads global fashion, there’s opportunity to differentiate on what it cannot do’
Shein became the world’s biggest fashion retailer in 2023. Retail Week data and insights director Lisa Byfield-Green considers the implications of Shein’s rise and identifies winning strategies its competitors can adopt in response
-
NewsThe Works shareholders vote to move to AIM
The Works shareholders have voted to move the specialist retailer’s shares from the main market of London’s Stock Exchange to its sub-market AIM.
-
NewsManzanita Capital to put Space NK up for sale
Space NK owner Manzanita Capital is in talks to appoint bankers to oversee a partial or complete sale of the premium high-street beauty retailer, Sky News reported.