All Retail Week UAT articles in May 2024 – Page 10
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AnalysisWhen counterfeits got cool: how can retail tackle the rise of the dupe?
If cheap imitations have grown cooler than the real thing, what does that mean for retailers who have built their business off the original? How much damage could this do? And what steps can they take to combat the trend?
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NewsRetail sales fall in April in ‘depressing start to spring’
UK retail sales took a dip in April as “dismal weather and disappointing sales led to a depressing start to spring for retailers”, according to the latest BRC-KPMG Retail Sales Monitor.
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Innovation of the WeekWalmart trials ecommerce in the metaverse on Roblox
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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AnalysisHow Lululemon is sprinting ahead in the UK sportswear market
While many may have expected Lululemon’s success to slow down after the pandemic, the retailer has surpassed expectations to be one of the fastest-growing brands in the UK. Retail Week explores how Lululemon is sprinting ahead
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NewsTala expands into physical retail with debut partnership with Selfridges
Athleisurewear brand Tala has announced its first physical retail partnership with luxury department store Selfridges in “an exciting new chapter” for the brand.
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NewsThe White Company credits ‘strong store performance’ for sales boost
The White Company has said its latest sales performance was driven by a “strong performance” from its stores as customers returned to the high street.
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NewsAsda delays debt until next decade as it completes £3bn refinancing deal
Asda has completed a refinancing of £3.2bn of its debt, which the supermarket said will push the “majority of its maturities into the next decade”.
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NewsApple profits and revenue decline as demand for iPhone weakens
Apple has posted a decline in profits and revenue as sales of products, in particular iPhones, dropped.
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NewsAsda slashes prices on over 100 products worth £70m
Asda has announced a new round of price cuts on 126 essential items worth £70m as part of its strategy to reduce the price of shopping for customers.
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GalleryEE opens new experience store in Bristol
EE has opened its newest experience store in Bristol showcasing the latest in connected technology as well as different zones for shoppers to explore.
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NewsMango targets 20 new UK stores this year
Mango has announced it will bolster its UK store portfolio with more than 20 new openings this year.
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NewsTesco appoints former Amazon and Pinterest executives
Tesco has hired two former Amazon and Pinterest executives to strengthen its retail media offering as demand in the sector increases.
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NewsExclusive: Suit Direct secures Westfield premises for new flagship
Menswear retailer Suit Direct has secured a store at Westfield Stratford City for its newest flagship, Retail Week can reveal.
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NewsLondon Marathon helps boost April retail footfall
Retail footfall in April saw a monthly rise of 1.2% across all destinations as shoppers made their way to high streets, battling bad weather conditions and rail strike disruptions.
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Opinion‘Can Co-op Live ever make sweet music after bum note launch?’
With Co-op Live’s planned grand opening becoming something of a PR disaster, George MacDonald wonders if things can be turned around
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NewsLounge sales increase but profits fall due to rising expansion costs
Underwear and apparel retailer Lounge has posted a fall in profits, despite a rise in sales for the 2023 financial year, due to rising costs from its growth strategy.
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NewsCo-op Live venue tech issues cause opening fiasco
The opening night of Co-op Live, the new concert arena in Manchester, has descended into chaos as a technical difficulty led to a string of cancelled gigs.
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NewsPandora ups guidance as margin hits record high
Pandora has upped its revenue guidance as its gross margin hits record levels and a plan to “restage” the brand begins bearing fruit.
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NewsFormer Hobbs boss to join ProCook as non-exec
Former Hobbs chief executive Meg Lustman will join the ProCook board as a non-executive director.
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DataRanking: The top 15 most productive fashion retailers
We’ve teamed up with our sister brand Retail Navigator to give you a rundown of the fashion retailers that have the lowest cost of staff to sales ratio, and are therefore the most productive players in the sector.