All Retail Week UAT articles in August 2023 – Page 3
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NewsJohn Lewis Partnership faces fresh criticism over rental property plans
John Lewis Partnership (JLP) is facing opposition from local residents over its plans to build rental homes in a borough of London.
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NewsPoundland and B&M circle 150 collapsed Wilko stores
Poundland owner Pepco Group and B&M European Value Retail, which trades as B&M, are reportedly in talks to acquire around 150 of Wilko’s stores, following failed attempts to find a buyer for the whole group.
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NewsWilko: jobs to be lost and stores closed as attempts to find buyer fail
Wilko’s administrator has concluded that jobs will be lost and stores will close after it failed to find a buyer for the whole business.
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Report StoreThe Global Innovation Report
This report showcases the technology, data and new thinking being drawn upon by global retailers in 18 markets to drive innovation in all areas of business.
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AnalysisFour of the biggest innovations coming out of global retail
Published today, The Global Innovation Report takes a detailed look at retailers and brands spanning 18 international markets for inspiration on new thinking, technology and partnerships to drive a path forward. Here we highlight four significant innovations
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InterviewInterview: HMV boss Doug Putman on the retailer's Oxford Street comeback
As the retailer reverses its fortunes and gears up to reopen its Oxford Street flagship, HMV chief executive Doug Putman talks about returning to the iconic store and how overhauling its product offering has paid off
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Opinion‘Purposeful business is not an alternative to shareholder value but the best way to create it’
Retail has a unique role in society and can use its strengths to address some of our most important challenges, believes The Very Group chief finance and transformation officer Ben Fletcher
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NewsFoot Locker swings to loss driven by ‘ongoing consumer softness’
New York-based sports retailer Foot Locker reported a 10% fall in sales in the second quarter of the year impacted by “ongoing consumer softness, changing vendor mix and the repositioning of Champs Sports”.
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NewsSainsbury’s and Mountain Warehouse join campaign to axe period pants tax
Grocer Sainsbury’s and outdoor clothing specialist Mountain Warehouse have become the latest retailers to lend their support to a campaign to scrap VAT on period pants.
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NewsTrue partners with Apparel Brands Limited for global growth
Investment and innovation company True has confirmed its “strategic investment” in British clothing wholesale business Apparel Brands Limited (ABL) in a bid to “accelerate growth” within the wider branded apparel market.
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NewsUrban Outfitters owner posts surge in sales
Fashion and lifestyle retailer URBN, which owns brands including Urban Outfitters, Anthropologie and Free People, has posted a surge in sales during its second quarter as well as the first half of the financial year.
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NewsSainsbury’s adds more products to Aldi Price Match campaign
Sainsbury’s has added over 40 products to its Aldi Price Match campaign in a bid to help customers save money during the cost-of-living crisis.
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NewsIceland urges government to change law on sales of infant formula
Iceland is calling on the government to make an urgent change to legislation that currently restricts the promotion of price cuts on infant formula by retailers.
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NewsAldi and Lidl gain 800,000 extra shoppers
Aldi and Lidl have secured a further 800,000 customers despite rival supermarkets announcing rounds of price cuts to retain customers.
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NewsOcado cuts prices on 200 items as part of ‘Big Price Drop’
Ocado Retail is cutting the price of another 200 items as part of its ‘Big Price Drop’ initiative that started in June.
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NewsLondon Designer Outlet posts record sales
London Designer Outlet at Wembley Park achieved a “record” month of trading in July, putting the month’s figures “on par” with the Christmas period at the destination.
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InterviewQ&A: Stokke CEO Jacob Kragh on acquisitions, flagships and partner-run stores
Stokke chief executive Jacob Kragh speaks to Retail Week about his M&A plans, store strategy and where he sees the next phase of growth
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NewsGetir to cut 10% of global workforce to increase efficiency
Turkish ultra-fast delivery firm Getir will be cutting around 10% of its workforce as it plans to “restructure the global organisation to significantly increase operational efficiency”.
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NewsMango opens flagship store in Milton Keynes
Spanish fashion retailer Mango has opened the doors to its latest flagship store in Centre:MK in Milton Keynes as it targets UK expansion.
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AnalysisCan Need It For Tonight fashion succeed where on-demand grocery has stalled?
During the pandemic, on-demand grocery apps such as Getir saw a huge surge in demand as shoppers leaned into the convenience of immediate delivery to their homes. But the popularity of on-demand grocery has plummeted – just this week, Getir revealed it is cutting 10% of its global workforce. Retail Week explores if on-demand fashion can succeed where rapid grocery has stalled