All Retail Week UAT articles in December 2022 – Page 3
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NewsRail strikes decimate high street recovery as footfall plummets
The second day of rail strikes this week, with the prospect of further action to come in the run-up to Christmas, has set back the recovery of stores and sent high street footfall plummeting.
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NewsMountain Warehouse targets openings for new store format
Outdoor clothing specialist Mountain Warehouse plans to open more big stores and expects to be back in the black this financial year.
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NewsInditex sales and profits jump in face of rising international costs
Spanish fashion giant Inditex posted an 11% jump in sales, but a more modest profit increase as inflation pushed up the cost of goods.
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NewsDebenhams and ex-Arcadia brands suffer losses in first year under Boohoo ownership
Debenhams and former Arcadia brands Dorothy Perkins, Burton and Wallis all suffered losses in their first year under Boohoo ownership.
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NewsWatches of Switzerland clocks up rise in profits as store expansion drives sales
Watches of Switzerland has registered a spike in profits as its investments in new showrooms and store refurbishments bore fruit.
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NewsProCook swings to loss despite ‘good strategic progress’
ProCook has swung to a half-year loss after suffering a slide in sales against tough comparatives.
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Retail VoiceHow to jump on the electric vehicle charging bandwagon
As electric car sales continue to motor ahead, Diebold Nixdorf’s Reint Jan Holterman examines how retailers can benefit from this booming market and drive sales.
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AnalysisAnalysis: How are retailers mitigating the downfall of the pound?
What does a weakened pound mean for UK retailers? Who is feeling the pinch most? And what can they do to mitigate the problem?
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NewsSupermarket shoplifiting soars amid cost-of-living crisis
Shoplifting from supermarkets has surged 16% in the run-up to Christmas as the ongoing cost-of-living crisis piles pressure on consumers.
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NewsSosandar swings to profit and hails ‘record’ Black Friday sales
Sosandar has swung to a half-year profit and delivered a bullish update on current trading as it targets sales momentum.
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NewsPoundland owner Pepco ramps up investment in stores as profits rise
Poundland owner Pepco Group plans to accelerate its store expansion plan after posting an increase in profits.
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OpinionPeter Williams: ‘Fenwick move from Bond Street is sad but inevitable’
The news that the Fenwick store on Bond Street will be closing in 2024 marks yet another moment in the shrinking of the department store sector.
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InterviewInterview: Primark US boss Kevin Tulip on finally cracking America
Watching huge names like Marks & Spencer, Tesco and Sainsbury’s shutter or sell their US venture would be enough to put almost anyone off trying to achieve the American dream, but Primark US boss Kevin Tulip is charging ahead with his
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NewsMonsoon eyes new store openings as profitability recovers
Womenswear retailer Monsoon is bucking the gloom hanging over retail with plans to open new stores in 2023 after returning to profitability this year.
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NewsTesco begins hunt for new chair as John Allan prepares to stand down
Supermarket chain Tesco is drawing up succession plans for long-serving chair John Allan as he prepares to step down from his role in 2024.
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NewsSuperdry boss Dunkerton in talks over potential buyout
Superdry boss and co-founder Julian Dunkerton has held talks with private equity backers with an eye to a potential buyout of the company.
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Innovation of the WeekInnovation of the Week: JD Sports turns store into huge AR game
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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GalleryStore gallery: Inside Nothing’s high-tech Soho playground
London-based tech start-up Nothing opened its first bricks-and-mortar store on December 10.
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Opinion‘Retail’s recent wave of IPO companies look like beached whales’
The performance of the wave of retail initial public offerings (IPOs) in the past couple of years has been the worst advert imaginable for the industry.
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NewsPrimark to open 10 new stores before Christmas
Primark owner ABF has announced it is to open 10 new stores before Christmas.