All Retail Week UAT articles in May 2023 – Page 5
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NewseBay to buy authentication company to boost pre-loved fashion business
eBay has signed an agreement to acquire an authentication and digital ID firm to help enhance the marketplace’s pre-loved fashion business.
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InterviewQ&A: Watches of Switzerland CEO Brian Duffy on why the UK is missing out on tourist shoppers
Retail Week speaks to Watches of Switzerland chief executive Brian Duffy about the detrimental impact of tourist tax, the luxury retailer’s secret to success and its international expansion plans in the pipeline
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NewsTK Maxx owner TJX raises profit outlook after sales rise
TJX, the US-based value retailer and parent company of TK Maxx, has raised its profit outlook as it reports a lift in sales.
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InterviewQ&A: OnBuy founder Cas Paton on becoming ‘Europe’s fastest-growing ecommerce business’
OnBuy’s founder and chief executive Cas Paton speaks to Retail Week about differentiating from other marketplaces, international expansion and plans to take the business to new heights
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NewsPepco to open first store in Portugal as it ramps up European expansion
Pepco Group is opening its first store in Portugal as it expands its presence across Western Europe.
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NewsWatches of Switzerland hails strong performance ahead of guidance
Watches of Switzerland reported a strong year of revenue and profitability despite a challenging trading environment.
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NewsJD Sports sales soar in ‘record results’
JD Sports has reported record sales and expects profits to reach £1bn this year.
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Opinion‘As the storm abates, mothballed growth strategies are being rekindled’
Retail is not rapidly transitioning from bust to boom, but the headwinds that have blasted the industry are abating, believes True’s Matt Truman
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InterviewTopps man: How Topps Tiles CEO Rob Parker is laying groundwork for decades of success
Topps Tiles celebrates its 60th anniversary this year and sales are as sparkling as a newly installed shower wall.
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AnalysisAre glory days over for Boohoo in the wake of Shein’s runaway success?
As both sales and profits slump for Boohoo amid the cost-of-living crisis in a highly competitive market, Retail Week looks at whether Boohoo can recapture its glory days in an era dominated by fast-fashion leader Shein
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NewsMamas & Papas launches circular resale service
Mamas & Papas has launched a circular service that allows shoppers to trade in baby products or buy them secondhand
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NewsJohn Lewis offers additional paid leave to foster carers
John Lewis Partnership is to offer an additional week’s paid leave to new foster carers who work at the business so they have more flexibility in their duties.
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NewsCastore banks on new kit deals and retail stores as it expands into Europe
Manchester-based sportswear brand Castore plans to accelerate growth in Europe driven by new teams, sports partnerships and retail stores.
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NewsBrompton Bikes confirms £19m equity raise to fund expansion
Brompton Bikes announced the sale of a £19m stake in the company to growth fund BGF as it looks to accelerate expansion to international markets.
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NewsScrewfix takes rapid delivery service to TV with new campaign
Screwfix is launching a promotional campaign for its 60-minute rapid delivery service, Screwfix Sprint.
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NewsShoe Zone sales grow as shoppers tighten belts
Shoe Zone has posted a strong trading performance as shoppers look for value during the cost-of-living crisis.
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NewsGreggs store expansion drives sales boost
Greggs has posted solid like-for-like sales growth driven by ‘strong strategic progress’ and its store expansion programme.
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NewsBoohoo sales fall and profits halve
Boohoo has posted a drop in revenue in its year-end results, but said it was making progress on a return to growth in the second half of next year.
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NewsCMA raises spectre of grocery price intervention ahead of food summit
The competition watchdog has announced an investigation into possible weakening of competition in grocery pricing, ahead of a meeting with retailers, suppliers and government.
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NewsFanatics partners with Sky Sports to open first online retail shop
Fanatics, the pureplay sports retailer that specialises in licensed sports merchandise, has partnered with Sky Sports to open the first-of-its-kind online retail shop.