All Retail Week UAT articles in August 2023 – Page 8
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NewsFood prices may never fall following Ukraine invasion
The price of food may not fall back down, according to the chief economist at the Bank of England.
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NewsThe Original Factory Shop snaps up M&Co sites
The value retailer is to open 16 stores in the next three months, creating up to 160 jobs.
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NewsRiver Island former CEO Will Kernan joins Neptune home
Home decor and furniture brand Neptune has hired ex-River Island chief executive Will Kernan as its new chairman.
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NewsSuperdry secures fresh funding of up to £25m
Fashion retailer Superdry has secured funding of up to £25m in its latest bid to “help accelerate” its turnaround plan and cost-reduction programme.
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GalleryInside a Peppa Pig-themed playroom at the Natural History Museum
Toy and game company Hasbro has opened the doors to a Peppa Pig-themed playroom at London’s Natural History Museum.
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NewsExclusive: Percival launches new loyalty scheme
Menswear fashion retailer Percival has announced the launch of a new premium loyalty scheme that “rewards customers for every purchase”, Retail Week can reveal.
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NewsCard Factory upgrades profit expectations
Card Factory has raised earnings expectations after a strong first half.
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NewsWilko would need £70m investment from a new owner
Wilko, which is teetering on the edge of administration, would need investment of £70m from any new owner.
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NewsAllSaints posts record results as product focus pays off
Fashion retailer AllSaints has reported its best-ever annual sales and profits.
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Innovation of the WeekInnovation of the Week: Walmart launches zero-waste carbon-capture pilot
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsKmart appoints new brand CEO as it eyes European expansion
Australian retailer Kmart Group is setting its sights on expanding its product development brand Anko into Europe by appointing the first CEO for Anko Global.
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Opinion‘Wilko may look like Woolies 2.0, but it could still have a future’
Wilko may be teetering on the brink of administration, but the retailer is not necessarily destined to go the same way as its general merchandise predecessor, says George MacDonald
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NewsClintons mulls closing 38 stores
Clintons is considering closing 38 stores – approximately one-fifth of its store estate – to avoid insolvency, The Times has reported.
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NewsApple profits rise driven by ‘all-time revenue record in services’
Apple has reported increased profits with an “all-time revenue record in services” as the tech giant reaches more than 1 billion paid subscriptions.
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NewsAmazon profits climb as cost cutting pays off
Amazon has reported an increase in profits for the second quarter of the year and increased its guidance for the next quarter as cost-cutting measures paid off.
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NewsRetail sales increase in July despite damp weather
Overall retail sales increased in July but saw a significant fall in the last two weeks of the month as a result of bad weather.
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AnalysisIs refurbished technology the future of electricals retailing?
Interest in secondhand products is at an all-time high, with preloved fashion, furniture and books currently all the rage, but is the same true for technology?
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NewsAdidas reports flat sales as market remains ‘volatile’
Adidas posted flat sales in the second quarter of the year “impacted by the company’s conservative sell-in approach in order to reduce high inventory levels”.
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NewsWilko on brink of administration
Embattled retailer Wilko has filed a notice of intention to appoint administrators after failing to find investment.
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NewsScS confident in full-year profit guidance despite cost-of-living crisis
Furniture specialist ScS expects to report full-year profit guidance in line with expectations, despite the ongoing effects of the cost-of-living crisis.