All Retail Week UAT articles in January 2023 – Page 7
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NewsMarks & Spencer posts ‘strong Christmas growth’ as food and fashion sales climb
Marks & Spencer has reported that its food business “outperformed” over Christmas and it saw “outstanding” results in clothing and home.
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AnalysisAnalysis: After a bumper Christmas, is Argos finally back to its best?
Argos was the surprise star performer for Sainsbury’s over Christmas, driving strong general merchandise sales growth. After years of underperformance, is Argos back at its best?
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NewsMarks & Spencer partners with artist Yinka Ilori for carrier bag design
Marks & Spencer has partnered with artist and former M&S Moorgate worker Yinka Ilori to launch the most “stylish and durable carrier bag to date”.
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NewsTopps Tiles delivers strong Christmas performance as trade sales rise
Topps Tiles has posted robust Christmas trading results, thanks to a boost in sales from trade professionals.
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NewsCo-op appoints former N Brown exec Kenyatte Nelson
Kenyatte Nelson, non-executive director at the British Retail Consortium and former chief brand officer at N Brown Group, will join the Co-op this month as chief membership and customer officer.
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NewsExclusive: Marks & Spencer reshapes top digital team for next growth phase
Marks & Spencer co-chief executive Katie Bickerstaffe has “reset” her team to build on omnichannel momentum and create a more compelling customer ecosystem, Retail Week can reveal.
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NewsSainsbury’s defies inflationary gloom to deliver ‘best possible Christmas’
Sainsbury’s has raised full-year profit expectations after reporting a jump in sales across its core grocery and Argos businesses during the festive period.
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NewsJD Sports upgrades profit expectations as Christmas sales soar
JD Sports said it expects full-year profits to come in at the very top end of expectations after its sales doubled over the Christmas period.
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NewsSosandar sales soar as every product category grows in record quarter
Sosandar has recorded a surge in sales across every product category on its website and through third-party collaborators, including John Lewis, Next and Very, in a record quarter for the company.
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NewsMajestic toasts Christmas trading after winning record market share
Majestic Wine reported strong growth in sales over the festive season and achieved its highest-ever market share, despite fierce competition from the supermarkets.
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NewsThe Fragrance Shop confident for 2023 after record-breaking Christmas
The Fragrance Shop has said it enjoyed record-breaking festive trading both in-store and online, which both benefited from investment in its omnichannel strategy.
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NewsSofa-in-a-box brand Snug bought by ScS
ScS has snapped up digital-first sofa-in-a-box brand Snug for £875,000.
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NewsAmazon UK warehouse network overhaul puts 1,200 jobs at risk
Amazon intends to shut three of its UK warehouses, affecting 1,200 jobs.
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NewsShoe Zone sales and profits rise after ‘very positive year’
Shoe Zone achieved a rise in revenues and earnings last year, when stores performed strongly.
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NewsCard Factory ups profit guidance as trading beats expectations
Card Factory expects annual profits to come in ahead of guidance, helped by a strong Christmas.
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NewsAO.com and Marks Electrical improve golden-quarter profit expectations
AO.com and Marks Electrical have both revealed rising profitability following golden-quarter trading.
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Opinion‘2023 profit fight will be won by operating model resilience and agility’
Retailers that put all their eggs in the basket of defying the gravity of industry volume decline will find the going tough and likely put their balance sheets under significant pressure, maintains OC&C’s Matt Coode
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AnalysisFive tech trends that will define retail in 2023
Which burgeoning technology will take centre stage in 2023 and what opportunities will it present for retailers? We put the question to a panel of tech experts
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NewsDecember sales rise as Christmas brings some cheer for retailers
UK retail sales rose in December 2022 but the uptick masked a drop in volumes due to inflation running at historically high levels, the latest BRC-KPMG Retail Sales Monitor has found.
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NewsN Brown reaches £50m legal settlement with insurer
JD Williams-owner N Brown has announced it is to settle an ongoing legal dispute with Allianz Insurance for £49.5m by the end of the month.