All Retail Week UAT articles in March 2024 – Page 7
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NewsAmazon UK boss Boumphrey: Gen-AI the ‘most transformational technology since the internet’
Amazon UK country manager John Boumphrey has said the generative AI will probably be the “most transformational technology for the retail industry since the arrival of the internet”.
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NewsAldi raises frontline staff pay for a second time this year
Aldi has unveiled a second pay rise for colleagues this year, upping hourly rates for store assistants and deputy store managers to £12.40 outside London and £13.65 inside the M25.
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AnalysisLIVE 2024: Catch up on the can’t-miss stories, quotes, stats and videos
Catch up on two days of unmissable content and insight from LIVE 2024 – where the brightest and most curious minds across retail and FMCG talk openly about the things that matter.
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NewsInditex investors push to reveal supply chain list
Inditex has been urged by investors to make its full list of suppliers public to better assess supply chain risks.
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Opinion‘Recent retail volatility has created M&A bargains’
The stock market’s lacklustre interest in retail is beginning to reflect in bid activity from investors attracted by some extremely low valuations, observes Matt Truman
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NewsMango profits double as sales surpass €3bn for the first time
Mango has announced soaring profits and sales for the 2023 financial year, with sales surpassing €3bn (£2.64bn) for the first time.
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AnalysisHow issues around The Body Shop’s IP will shape its future
As The Body Shop’s woes deepen and one of its international businesses after another follows the UK arm into administration, Retail Week takes a look at what role the ownership of the retailer’s IP will play in shaping the brand’s future
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NewsDunelm non-exec named new customer director
Dunelm has announced that a non-exec director has stepped down from the board to take on a full-time role as the retailer’s customer director.
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NewsAnn Summers sales and profits heat up as shoppers return to stores
Ann Summers has posted an increase in full-year sales and profits as Halloween proved a hit and customers returned to in-store shopping.
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NewsSuperdry lines up Hilco to secure £20m loan
Embattled fashion retailer Superdry is reportedly having discussions with one of its existing lenders, Hilco, to negotiate a new multimillion-pound funding facility.
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NewsPrimark unveils 9% retail staff pay rise
Fashion giant Primark has announced a pay rise of more than 9% to around 27,000 of its employees, effective from April 1.
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NewsThe Body Shop files for bankruptcy in US and Canada
The Body Shop’s US and Canadian arms have filed for bankruptcy despite being profitable after the beauty retailer’s UK business went into administration last month.
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NewsInditex investors call for full supply chain transparency
Investors behind Zara owner Inditex are calling on the fashion giant to declare a full list of suppliers to the public to manage supply chain risks and better assess situations moving forward.
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NewsElliott Advisors abandons Currys takeover plans
US investment firm Elliott Advisors has confirmed it is abandoning takeover plans for electricals retailer Currys.
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NewsHMV boss Doug Putman considers rescue bid for The Body Shop
HMV owner Doug Putman is reportedly mulling a bid to buy The Body Shop out of administration after its collapse in February just weeks after being taken over by Aurelius.
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Innovation of the WeekMatalan launches ‘hugely exciting’ Gen-AI marketing tool
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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Retail VoiceDon’t let innovation and choice fall down the priority list
As consumers become ever more discerning, Worldpay’s Pinar Koygun takes a look at five ways retailers can deepen their engagement with customers
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NewsMcDonald’s unveils new uniform in bid to empower employees
Fast-food giant McDonald’s has announced the trial of a new workwear collection for its employees, marking the first change in the company’s uniform since 2016.
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NewsMatalan brings in five new faces to top team
Fashion retailer Matalan has announced five new senior hires at the business in the latest update to its top team.
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NewsCurrys completes sale of its Greek business Kotsovolos
Currys has completed the sale of its Greek business Kotsovolos after first entering a deal with Greek electricity supplier Public Power Corporation (PPC) in November last year.