All Retail Week UAT articles in December 2023 – Page 2
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NewsFrasers Group snaps up Matches in £52m deal
Frasers Group has snapped up luxury fashion retailer Matches in a £52m deal as it looks to strengthen its luxury offering and elevate its portfolio.
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NewsAmazon strike action to spread to Birmingham
Amazon workers at a new flagship fulfilment centre in Birmingham are set to strike in the new year, building on industrial action already seen at Coventry and Rugeley.
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NewsAlibaba chief strengthens grip after taking over ecommerce business
Alibaba Group chief executive Eddie Wu has been named as the new chief executive of its domestic ecommerce arm Taobao and Tmall Group.
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NewsAsda faces £30m rise in debt costs as bosses grilled by MPs
Asda could have to pay increased interest payments of £30m from February as owners Mohsin and Zuber Issa’s loans become due.
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Retail VoiceReflecting on the biggest ecommerce drivers of 2023
From delivering on delivery to winning websites, Elavon’s Michael Bosshammer takes a look at the key areas retailers should focus on for 2024
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InterviewQ&A: eBay director of luxury on ‘diminishing the stigma’ of buying pre-loved
As pre-loved luxury becomes growingly more popular, eBay director of luxury Keith Metcalfe sat down with Retail Week ahead of Christmas to discuss the diminishing stigma of gifting secondhand, the importance of authenticity guarantee and why pre-loved and luxury go hand in hand
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AnalysisGrey pound: which retailers are best at capturing over-50s spend?
To find out which retailers hit the mark with the older generation, CACI has used transaction data to reveal the brands that over-index with the over-50s and which Acorn consumer profile types they register with the most
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NewsSainsbury’s doubles own-label products in c-stores
Sainsbury’s has doubled the amount of the cheapest own-label products in its Local convenience stores this year, in a bid to offer more affordable items for customers.
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NewsSuperdry warns on profits as tough trading conditions and weather take toll
Fashion retailer Superdry was warned that profits will be lower than expected after trading ”significantly below management expectations”.
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Opinion‘The retail industry was largely sold out by the chancellor’
While the dust has settled on the chancellor’s autumn statement, the frustration felt by many retailers has not, says BRC boss Helen Dickinson
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Retail VoiceRevealed: Four ways to combat fraud
With the retail sector in the full swing of the holiday season, Worldpay uncovers four strategies for protecting businesses from fraud whilst still ensuring a successful festive period for growth
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NewsRevolution Beauty hires new boss to head North America expansion
Revolution Beauty has appointed Erin Cast as president of its North American division, which the brand says is a “pivotal market” for future growth.
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NewsCoupang completes $500m rescue deal for Farfetch
Global ecommerce retailer Coupang has acquired Farfetch, injecting $500m (£394.8m) in emergency funding into the embattled luxury fashion retailer.
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NewsNew Morrisons boss Baitiéh braces staff for change
Morrisons’ new chief executive has poised staff for changes in his early briefings at head office.
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NewsFarfetch in talks with white knight investor to go private
Farfetch is attempting to finalise a rescue deal with a private equity-backed buyer that would see its shareholders get wiped out.
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NewsWeird Fish to embark on aggressive expansion plan
Weird Fish is to embark on an “aggressive” expansion plan that will see its store numbers grow and its international business develop.
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NewsMike Ashley eyes deal to bring Matches into Frasers Group
Retail tycoon Mike Ashley is in negotiations about a deal that would see Frasers Group take control of Matches.
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AnalysisDiscover the digital strategies of John Lewis, H&M and Gousto
Retail Week’s Digital Summit takes place on Wednesday, February 7, and will lift the lid on retailers’ digital strategies for the year ahead. Here we look at how three of our speakers are making tech pay
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Innovation of the WeekB&Q launches retail media network
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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Opinion‘Could AI-generated consumers shine a light on shoppers of the future?’
AI can be transformative but will only deliver a return on investment when harnessed with human intelligence, says Brian Kalms