All Retail Week UAT articles in May 2023 – Page 8
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NewsExclusive: Matalan taps up Fiona Lambert for consultancy role
Matalan is understood to be bringing Fiona Lambert on board on a consultancy basis, Retail Week can reveal.
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NewsJD Sports snaps up French specialist Courir in €520m deal
JD Sports intends to buy French sports footwear and apparel group Courir as it enacts the strategy set out by new chief executive Régis Schultz.
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NewsInflation drives retail sales rise in April as volumes fall
Retail sales rose by value in April, but volumes fell across the board.
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NewsJohn Lewis staff prepare to vote on strategy as council meets
John Lewis Partnership chair Dame Sharon White faces scrutiny over her strategy as the group’s council meets.
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Innovation of the WeekInnovation of the Week: Albert Heijn trials ‘True Price’ to reveal real cost of food
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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AnalysisThe Disruptors: Five brands changing the game in sports and fitness
The latest instalment of Retail Week’s Disruptors series showcases the brands making waves in the sports and leisure sector
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NewsAmazon faces more strikes as new warehouses back industrial action
Amazon workers are planning more strikes after staff at two more warehouses backed a vote on whether to take industrial action.
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NewsCoronation expected to cost online retailers £128m
King Charles’ coronation is expected to cost online retailers £128m as people around the UK host parties or attend events.
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NewsMoss Bros profits surge as shoppers ‘dress up again’
Menswear retailer Moss Bros has reported “another year of strong profit” as the demand for occasionwear booms and shoppers “dress up again”.
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NewsAdidas sales flatline as Yeezy fallout deepens
Adidas posted flat sales in the first quarter of 2023, as the global sportswear giant admitted the loss of the Yeezy brand is “of course hurting us”.
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NewsBoohoo ‘demanding’ 10% discount from suppliers
Online fashion giant Boohoo has asked suppliers for a 10% discount on both its delivered and undelivered orders in a bid to control costs, according to a report in The Times.
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NewsApple’s dip in sales offset by demand for iPhone
Apple has posted a decline in sales in the second quarter, but demand for iPhones has held up overseas.
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AnalysisStrategy spotlight: Five ways Kingfisher is maximising growth with Screwfix
Barring the huge boost for the sector during the pandemic, DIY giant Kingfisher has been reliant on its Screwfix trade-counter format to drive sales and profit growth in recent years. Meanwhile, its larger businesses, including B&Q in the UK and Brico Dépôt and Castorama in France, have struggled in a difficult trading environment
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NewsApril footfall boosted by Good Friday and Easter Saturday shopping
Retail footfall increased in April as shoppers hit stores to spend ahead of Easter Sunday.
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NewsStone Island names former Gucci executive as new CEO
Stone Island has announced the appointment of Robert Triefus as the brand’s new chief executive from June 1.
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NewsHolland & Barrett acquires fit-tech start-up Avie as it looks to go beyond retail
Holland & Barrett has acquired fit-tech start-up Avie as it looks to “extend its reach beyond retail through the creation of personalised wellness solutions”.
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NewsSkechers names Richard Parker as managing director for UK and Ireland
Skechers has promoted Richard Parker to managing director for UK and Ireland.
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NewsExclusive: Charity Super.Mkt confirms new location in bid to ‘reinvigorate’ high street
Retail Week can reveal that second-hand superstore Charity Super.Mkt will welcome shoppers in Manchester later this year as part of its bid to “reinvigorate” the high street.
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NewsJoe Browns posts ‘strongest year to date’ as sales and profits boom
Fashion retailer Joe Browns has reported its “strongest year to date” as sales and profits rise despite facing “well documented” economic challenges.
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NewsZalando credits boost in revenue and ‘improved profitability’ to online shopping club
Zalando has credited a rise in revenue and “improved profitability” in its first quarter to increased demand for its online shopping club Lounge by Zalando.