All articles by George Arnett – Page 7
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DataRanking: The most popular UK retail websites among shoppers in Trump’s America
Thanks to exclusive data from Similarweb, Retail Week can reveal the UK retail websites that are most popular with US shoppers.
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DataCustomers abandon tens of billions of pounds in online purchases
UK shoppers abandoned £38bn in ecommerce purchases in 2024, an 11% increase from 2023, despite online retail sales showing minimal year-on-year change, a new report has found.
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NewsRetailers interested in Post Office branches
Retailers including Tesco and Ryman are interested in taking on some of the final 108 directly owned Post Office branches, the BBC reports.
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NewsBoots sees increase in sales in second quarter
Boots UK sales were up 1.6% in the three months to February 28, 2025, versus the year before.
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NewsGuess announces new CFO
The US-based retail business announced that Alberto Toni is expected to take the role in mid-June.
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NewsTHG completes refinancing package
The ecommerce company has completed debt refinancing through to December 2029.
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DataData: How costs will increase for retailers in the new financial year
This week marks the start of the new financial year for many and the coming into force of the big whammy of cost rises the retail sector has been dreading for months
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NewsMother’s Day 2025 drives more shoppers to stores
UK shoppers were keener to get what they needed for Mother’s Day this year, with footfall rising for all shopping destinations across the weekend.
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DataCharts: Next becomes the latest member of UK retail’s £1bn profit club
Only four UK retailers have exceeded £1bn in nominal profits, with Next being the latest to join the club.
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NewsWHSmith completes refinancing package
The retailer announced the completion of a £200m issue of US Private Placement (USPP) notes and a bank term loan of £120m.
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NewsKingfisher profit drops as ‘big ticket’ demand weakens
The retail group, which owns B&Q and Screwfix, reported a 7% fall in profit in 2024/25 with sales also declining on the year before.
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DataShop opening figures boosted by convenience store rush
Chain outlet closures hit their second lowest level in a decade while a new convenience store opened nearly every other day in 2024.
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DataTopshop left a hole in the high street – but can it be the one to fill it?
Rumour has it Topshop is making a return to the high street. And no, this isn’t mere speculation — it’s a rumour being driven by the brand itself
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DataThe history of John Lewis Partnership bonuses up to 2025
John Lewis and Waitrose staff have missed out on a bonus once again, despite the retail business seeing a 73% rise in profit before tax.
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NewsNext signs lease on new office space in central London
The retailer will occupy four floors of the building.
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NewsRace for WHSmith high street business down to two bidders
The expectation is that a deal is being targeted for April.
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NewsM&S among winners as Brits spend nearly £1bn on Valentine’s Day
Retailers took home nearly £1bn in sales linked to Valentine’s Day 2025, according to February spending data from NIQ.
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NewsGames Workshop lifts guidance after 2025 starts with strong trading
Games Workshop has said sales have been ahead of expectations in January and February, with “strong trading” across both the core business and licensing.
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NewsVirgin Wines finance boss steps down as successor named
Graeme Weir, who was CFO and company secretary at the direct-to-consumer online wine retailer, is retiring after 22 years with the brand.
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AnalysisChatbots are now dominant. To make them better, get your data in order
Two years ago next week, OpenAI launched GPT-4. As the AI hype cycle ebbs and flows, it is easy to forget that this felt like a massive step forward in generative AI capabilities