All Retail Week UAT articles in March 2023 – Page 7
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NewsRetailers reassure on financing following Silicon Valley Bank collapse
Retailers have reassured investors that operations and trading will be unaffected by the crisis at Silicon Valley Bank’s UK arm.
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Innovation of the WeekInnovation of the Week: Ocado broadens retail media opportunities with new partnership
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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AnalysisNew data shows Sosandar, Loaf and Beauty Pie smashed FY21 ecommerce growth
An additional ranking compiled by analysts in Retail Week’s latest report reveals the UK retailers that achieved the highest online sales growth for FY2021 – and features some surprising names
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NewsSuperdry hires advisers to cut costs after tough trading periods
Superdry’s founder and chief executive Julian Dunkerton has hired Interpath Advisory to help aid cost-cutting plans following a prolonged period of tough trading and profit warnings.
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NewsSupermarkets begin to lift buying limits on fruit and vegetables
Grocers such as Asda, Morrisons and Lidl have all begun to lift customer limits on buying fresh vegetables, despite ongoing supply chain pressures.
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NewsJohn Lewis chair Dame Sharon White: ‘I struggle to find men to work for me’
John Lewis chair Dame Sharon White has said she struggles to find men to work for her and she has been criticised for pushing to change the retailer’s culture around gender.
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NewsTesco working with recruiters to replace chair John Allan
Tesco has started the search for new candidates to replace its chair John Allan, according to a report by Sky News.
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Opinion‘How to recover cost inflation while continuing to offer value to customers’
Grocers must walk a tightrope of managing their own inflationary pressures to preserve margins while continuing to win customers, says Alvarez & Marsal’s Erin Brookes
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NewsEG Group hails ‘resilient performance’ in tough economic environment
Petrol forecourt company EG Group has reported a “resilient performance” through its foodservice, grocery and merchandise, and fuel services despite a tough year that saw elevated operating costs.
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NewsMango profits surge and turnover reaches record high
Mango has posted a strong full-year performance for 2022, as profits surged and turnover reached a record high for the fashion retailer.
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AnalysisIs Sephora’s first UK store in nearly two decades worth the wait?
After 17 years away, French beauty giant Sephora touched back down on UK shores amid a wave of hype. Retail Week finds out if the new store has been worth the wait
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NewsExclusive: Dwindling retail space under pressure as new development hits 20-year low
Pressure is being applied to new retail stock at a time when desire for new physical space is peaking and construction starts reached a 20-year low.
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NewsJD Sports hires former Asos boss as non-executive director
JD Sports has appointed former Asos chair Ian Dyson as its new non-executive director.
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NewsBoots revamps Advantage Card as part of ‘biggest ever investment’ in value
Shoppers will now get an instant 10% discount when they shop for Boots own-brand products with the retailer’s Advantage Card membership scheme.
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NewsHugo Boss profits soar in ‘outstanding year’
Hugo Boss reported strong performance for 2022, surpassing pre-pandemic sales figures by 26%.
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NewsMorrisons swings to significant loss in year after private equity buyout
Morrisons has been racking up losses since its buyout by US firm Clayton, Dubilier & Rice (CD&R), according to new documents filed on Companies House.
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AnalysisFive of the most disruptive moves in retail history
From the emergence of Amazon to the rise of subscription boxes, we take a look at five of the most disruptive moves in retail from the past 20 years ahead of next week’s live virtual discussion Disrupt or be disrupted: the retailers succeeding in a permacrisis
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Retail VoiceWhy AI is the ultimate colleague
With excellent customer experience now the formula for retail success, Zendesk’s Eric Jorgensen discusses why AI could be the ultimate colleague in delivering this.
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NewsAdidas reports slowing profits as it continues to navigate Yeezy fallout
Sportswear giant Adidas has reported decreased profits for financial year 2022 as it suffers the repercussions of the fallout with rapper Kanye West.
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NewsMusic Magpie CEO focused on ‘buying, selling and renting more’ to improve profits
Music Magpie founder and chief executive Steve Oliver has said the company is focusing on “buying more, selling more and renting more” after reporting expected, albeit lacklustre, full-year results.