All Retail Week UAT articles in August 2024 – Page 7
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NewsPret a Manger gives staff body cameras after retail crime spikes
Food-to-go specialist Pret a Manger is giving staff body cameras to counter an increase in shoplifting, as well as abuse and attacks on retail workers.
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NewsUnder Armour sales have fallen as it undergoes restructuring
Under Armour has reported a fall in sales in the first quarter of 2024 alongside a restructuring plan for the business.
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NewsVinted has backtracked on delivery changes following a user backlash
Secondhand marketplace Vinted has backtracked on an update to its delivery options following backlash from users.
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NewsShein is eyeing a warehouse in the UK ahead of blockbuster London listing
Fast-fashion giant Shein is plotting the opening of a warehouse in the UK ahead of its highly anticipated float on the London Stock Exchange, according to reports.
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NewsMountain Warehouse has returned to profit as it eyes Carpetright stores for expansion
Outdoor specialist Mountain Warehouse is looking to potentially take over former Carpetright stores after it reported a return to profit in the full year ending February 29, 2024. tores as it reported a return to profit in the full year ending February 2024.
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NewsCMA has started investigating Amazon’s partnership with AI start-up
The Competition and Markets Authority (CMA) has begun an investigation into whether Amazon’s £3bn investment into an AI start-up has caused less competition.
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NewsPoundland is axing head office jobs to ‘work smarter and more efficiently’
Value variety retailer Poundland is cutting jobs across its head office in Walsall, West Midlands, as the business looks for ways to limit costs and work “smarter and more efficiently”.
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AnalysisAsda’s three new priorities to turnaround tumbling sales and evaporating market share
After a dismal set of financial results for the first half of the year, Asda has three new key priorities for the remainder of the year that it hopes will right the ship
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NewsAsda owner has blamed the ‘challenging retail environment’ as revenues and like-for-likes slump
Asda owner Mohsin Issa has blamed what he called a “challenging retail environment” for falling revenues and a slump in like-for-like sales at the grocer.
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Opinion‘What should retailers do in response to more riots in the coming days?’
Retailers have prioritised the needs of colleagues during the recent rioting and are working closely with the police and authorities to make use of the latest intelligence, says BRC chief executive Helen Dickinson
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NewsLord Rose has become first patron of Fashion Retail Academy
Former Marks & Spencer chief executive Lord Stuart Rose, now chair of Asda, has become the first patron of the Fashion Retail Academy.
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NewsSome retailers shutter stores early as sector braces for more rioting
Some retailers bracing for further far-right violence have decided to shut stores early following a meeting with representatives from the government and the police.
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NewsDeliveroo has praised ‘strong growth’ in grocery after striking new retail partnerships
Deliveroo has enjoyed “strong growth” in grocery sales and expanded non-food retail partnerships with major brands in the UK and United Arab Emirates (UAE).
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NewsMarks Electrical profits have plummeted in ‘challenging but rewarding year’
Marks Electrical profits have slumped even while sales increased in what its CEO described as a “challenging but rewarding year” for the retailer.
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AnalysisAlo Yoga: how the brand’s bizarre marketing is funding its brick-and-mortar explosion
As luxury activewear brand Alo Yoga opens doors to its first flagship store in the UK, Retail Week takes a closer look at the brand and its super-exclusive marketing approach to taking on giants like Lululemon
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NewsAn indoor adventure park is to open in a former John Lewis store
A specialist leisure business to take space formerly occupied by department store group John Lewis.
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NewsAsos has teamed up with Microsoft to reach ‘operational excellence’ with AI
Fashion retailer Asos has teamed up with Microsoft to bolster its “operational excellence” via greater use of AI.
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Opinion‘Riots are one more unwelcome challenge for troubled high streets’
Retailers and residents are acting to put communities back on their feet following widespread rioting. The new government should act quickly to put its town centre pledges into action, believes George MacDonald
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NewsBensons for Beds has snapped up Carpetright stores and will aim to rescue jobs
Bensons for Beds has snapped up almost 20 Carpetright stores in the wake of the carpet retailer’s collapse.
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NewsBoohoo is mulling the sale of its London office
Fast-fashion giant Boohoo is reportedly eyeing a sale of its London office.