All International articles – Page 16
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NewsTK Maxx’s parent company has raised its profit guidance following a rise in sales
The parent company of TK Maxx, TJX, has raised its profit guidance after sales across all units of the business increased.
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NewsJD Sports growth driven by US and European revenues surge
JD Sports has reported group like-for-like and organic sales increases, driven by surging revenues in the US and Europe as UK performance softened.
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Innovation of the WeekInnovation round-up: Hologram training, reviving the metaverse, palm payments and more
Here we bring you our summer roundup of innovations that caught our attention over the past three months.
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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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FeatureRetail goals: The business of football and what the rest of the industry can learn from it
As football fans gear up for the Premier League to kick off this month, Retail Week looks at how much the sport is worth to the world of retail.
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InterviewQ&A: Alibaba.com president on its Olympics venture, the age of AI and supporting SMEs
On the day Alibaba.com announced the launch of a new AI tool and a venture with the International Olympic Committee in Paris, Retail Week caught up with president Kuo Zhang to discuss AI, helping athletes start businesses and other tech innovations in the works
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Opinion‘Amazon is feeling the heat from Temu – the question is what to do about it’
Amazon’s latest update shows it is at a tipping point, believes Lisa Byfield-Green
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NewsJD Sports has become Nike’s first global partner as it takes loyalty scheme to USA
JD Sports has extended its retail partnership with Nike’s loyalty scheme to the US, making it the sportswear giant’s first global partner for the popular rewards programme.
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NewsAmazon sales have surged but customers remain cautious and are seeking bargains
Sales at ecommerce giant Amazon have surged during its second quarter despite customers remaining cautious and trading down amid the cost-of-living crisis.
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AnalysisNext has posted weather-busting, expectation-beating results – what do the analysts say?
Fashion powerhouse Next knocked the numbers out of the park in its second quarter when full-price sales climbed 3.2% year on year.
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NewsAdidas has posted an increase in sales following major football tournaments
Adidas posted an increase in revenue in the first half of the year driven by strong brand momentum and sporting events such as Euro 2024 and the Copa América.
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NewsJD Sports’ revamped UK store has ‘set the benchmark’ with its highest global turnover
JD Sports’ revamped store at Westfield Stratford now has the highest turnover across its global portfolio as the UK market remains the blueprint of omnichannel innovation and store design for the group worldwide.
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NewsLandlord Hammerson sells Bicester Village to LVMH-backed private equity firm
Landlord Hammerson has sold its entire stake in Value Retail, the owner of Bicester Village luxury retail park in Oxfordshire, in a £1.5bn deal, which it said would generate around £600m in cash proceeds.
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Opinion‘The UK is famous for online grocery but where else could retail find talent to export?’
With a shift in consumer needs on the horizon, world-class innovation can play a key part in retailers’ success, argues Lisa Byfield-Green
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NewsHugo Boss has lowered its guidance as the slowdown in the luxury market continues to take its toll
Luxury fashion retailer Hugo Boss has lowered its full-year guidance as the slowdown in the luxury sector took its toll during the second quarter.
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InterviewQ&A: Ocado boss Tim Steiner on M&S, Getir’s UK retreat and listing in New York
Ocado Group boss Tim Steiner was in high spirits this morning after the business he founded posted a strong set of results for the first half of the year.
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NewsPrimark has named former Tesco and Whitbread exec as new COO
Primark has poached an executive from Premier Inn owner Whitbread for its new chief operating officer.
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NewsDyson is slashing its UK workforce by a third
Dyson plans to slash a third of its workforce in the UK as part of a global shake-up.
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NewsCo-op and Walmart launch technology partnership
C-store specialist the Co-op has entered into a technology partnership with US retail giant Walmart, implementing its Store Assist online fulfilment technology.
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NewsEU plans to impose customs duty may hurt Shein’s London float goals
The European Union’s plans to impose a customs duty on cheap goods would impact imports from online retailers and Shein’s London listing, The Guardian has reported.