All Retail Week UAT articles in March 2023 – Page 5
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NewsFrasers Group completes acquisition of shopping centre with 'huge potential'
Sports Direct owner, Frasers Group has completed the acquisition of The Mall shopping centre in Luton.
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NewsRetail pays tribute to Ann Summers pioneer Jacqueline Gold
The retail industry has paid tribute to Jacqueline Gold, who made Ann Summers a fixture on the high street and has died aged 62.
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NewsTikTok Shop UK launches parent and baby product category
TikTok Shop UK has launched a parent and baby product category that features well-known UK brands.
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NewsAldi unveils another pay rise for shop workers
Discounter Aldi has given shop workers a fresh pay rise, taking their base pay across the UK to £11.40 an hour.
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AnalysisOysho: The brand Inditex has been keeping from the UK
More than a decade since the brand’s inception, Zara-owner Inditex has finally decided to grace the UK with a physical Oysho store
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NewsDeliveroo on ‘path to profitability’ as losses narrow
Deliveroo made a nearly £300m loss last year but remains adamant that it is making “excellent progress on the path to profitability”.
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AnalysisAfter ‘inflation hurricane’ hits, cost cutting is king at John Lewis
“Inflation has hit us like a hurricane” was the stark verdict from John Lewis Partnership chair Dame Sharon White as the retail institution slid to a £234m pre-tax loss.
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NewsMango leans into circular fashion with La Más Mona investment and rental trial
Fashion retailer Mango has invested in Spanish clothing and accessories rental platform La Más Mona, through its Mango StartUp Studio business accelerator, as well as launching its own rental platform trial.
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NewsExclusive: Chinese newcomer Miniso eyes Northern Ireland or Scotland as part of major UK expansion
Chinese lifestyle retailer Miniso is set to expand its store estate in Northern Ireland or Scotland as it aims to have 50 stores in the UK by 2025.
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NewsLush complains to FCA about ex-boss over shares transfer
Lush has complained to the Financial Conduct Authority (FCA) about former chief executive Andrew Gerri and his investment firm Silverwood Brands over a transfer of shares.
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NewsCurrys appoints new Nordics boss to help ‘restore healthy levels of profit’
Currys has appointed Fredrik Tønnesen as its new Nordics chief executive officer in a bid to help the division navigate a challenging market and tough consumer environment.
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NewsExclusive: Amazon strikes could spread as workers reach out to more depots
The number of Amazon workers on strike has topped 500 at its Coventry depot and the GMB union said it expects this to grow as strikers reach out to workers at other warehouses across the UK.
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NewsJohn Lewis Partnership axes bonus and warns of job cuts as it swings to loss
John Lewis Partnership will not pay a bonus this year and has warned of job cuts within the group.
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NewsDFS warns on profits despite reaching ‘record market share’
Furniture specialist DFS has warned that its full-year profits will be at the lower end of its previous guidance, despite achieving “record market share” and higher average order values.
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News‘No comfort’ for retailers in ‘missed opportunity’ Budget
The Budget has been met with a largely tepid reaction from retailers and industry bodies, after the chancellor failed to address several important issues.
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AnalysisNish Kankiwala – John Lewis’ first chief executive faces huge challenges
The appointment of a chief executive at John Lewis Partnership – the first time such a role has existed in the legendary retailer’s history – was a bolt from the blue.
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NewsCo-op expands autonomous robot delivery service to new region
The Co-op is rolling out robots for autonomous grocery deliveries to residents in Sale, Greater Manchester.
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NewsSuperdrug unveils pay rise for newly qualified pharmacists
Superdrug has announced a pay hike for newly qualified pharmacists, making them some of the highest paid in the industry, according to the retailer.
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NewsBurberry poaches new chief financial officer from McLaren Group
Burberry has announced that Kate Ferry will join the luxury fashion retailer as its new chief financial officer and executive director.
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NewsJohn Lewis Partnership appoints first-ever chief executive
John Lewis Partnership has appointed a chief executive for the first time in its history.