All Retail Week UAT articles in July 2023 – Page 7
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AnalysisFashion and beauty retailers will be most resilient this Christmas
Fashion and health and beauty will be the only two sectors to record both value and volume sales increases this golden quarter, Retail Week’s new report reveals
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Report StoreThe Christmas Forecast 2023
Retail’s most lucrative time of the year, the golden quarter has the power to make or break businesses – so nailing your strategy is essential.
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Opinion‘More Marks & Spencer magic should help Ocado sparkle’
As Ocado prepares to reveal half-year results next week, the tech and retail group’s star has been on the wane.
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AnalysisHow inflation has forced retailers to adapt their loyalty schemes
As inflation has run rampant and customer confidence plummets, retailers have increasingly turned to loyalty schemes to drive sales. Retail Week takes a look at how six retailers have adapted their programmes to appeal to cash-strapped customers
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NewsMango sales grow as it announces ‘ambitious expansion plans’
Fashion retailer Mango posted a boost in sales in the first half of the year, crediting “good performance” in its key markets as well as a “strengthened ecosystem of channels and partners”.
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NewsSuperdrug profits surge off the back of strong own-brand product performance
Superdrug has reported surging profits and sales off the back of improved footfall, successful own-brand product launches and a strong Christmas performance.
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NewsBlueprint to ‘save the future of retail’ launched
An initiative to prevent shop closures and improve job quality in the retail sector is being launched by the union Usdaw.
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NewsShoe Zone ups profit guidance as demand climbs
Shoe Zone has increased its profit guidance by almost a third as demand for value soars during the cost-of-living crisis.
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InterviewQ&A: Flying Tiger Copenhagen’s managing director on standing out in variety
Retail Week speaks to Flying Tiger Copenhagen (FTC) managing director Michael Burke about high street rivals and how business is booming after lockdown
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NewsCost-of-living crisis to cost households £65bn
The cost-of-living crisis is likely to go on for the next 10 months and cost households £65bn, according to the latest research by Retail Economics and Grant Thornton UK LLP.
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NewsAmazon mobile users fall ahead of Prime Day as Shein and Temu grow
The number of Amazon mobile users in the UK has fallen by 1 million since the start of the year, while Temu and Shein’s daily mobile users have been growing.
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NewsRevolution Beauty CEO may quit as part of compromise deal
Revolution Beauty’s chief executive Robert Holt may quit as part of a compromise with fashion retailer Boohoo.
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NewsLush’s plastic-free collection crosses £1m global sales in a week
Lush’s latest plastic-free collection in collaboration with Spongebob Squarepants has crossed £1.3m in global sales since launching at the end of June.
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NewsBritish Land calls retail parks ‘winning retail format’
Property group British Land posted “strong operational momentum in the business” and said “retail parks continue to be the winning retail format” ahead of its AGM later today.
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NewsSosandar swings to profit in ‘milestone year’
Sosandar reported an increase in revenues and profits in a “transformational year” ending March, 2023 “despite the challenging macroeconomic conditions”.
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NewsPrettyLittleThing promotes from within to fill chief executive role
PrettyLittleThing has named Tom Binns and Nicki Capstick to take on the role of chief executive, previously held by Umar Kamani for 12 years.
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DataWarm weather drives retail sales in June
Retail sales saw an increase in June as shoppers made the most of the warm weather.
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NewsWaitrose launches on-demand delivery service on Uber Eats
Waitrose has partnered with Uber Eats to launch a grocery delivery service on the platform.
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NewsOnline retail sales decline in June
Online retail revenue declined in June compared with last year, marking the 26th consecutive month where growth has remained flat or negative.