All Retail Week UAT articles in May 2024 – Page 4
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NewsTK Maxx owner TJX raises profit guidance as sales rise
TJX, parent company of TK Maxx, has raised its profit outlook following a boost in sales.
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NewsPeloton launches rental service to cope with declining sales
Exercise equipment brand Peloton, which grew in popularity during the pandemic, has launched a rental service as sales decline.
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NewsOh Polly cracks down on ‘repeat refunders’
Fashion etailer Oh Polly has unveiled a new returns policy in a bid to crack down on “repeat refunders”.
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AnalysisIs Aldi losing shoppers to Lidl’s loyalty scheme?
With its discounter cousin Lidl growing ahead of it for the eighth month in a row and its total market share percentage slipping, Retail Week looks at whether Aldi’s decision to avoid membership schemes has let its advantage slip.
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NewsVery Group records further losses amid lingering ‘market pressures’
The Very Group has posted further losses although the group said it delivered a “resilient performance despite market pressures”.
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NewsClarks managing director and chief product officer exit
Clarks managing director for the UK and Ireland, as well as its chief product officer, are understood to have left the footwear retailer, according to reports.
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NewsMarks & Spencer reshaping strategy pays off
Marks & Spencer has posted a rise in sales and profits across food and clothing & home as its ‘reshaping for growth’ strategy paves the way for “the beginnings of a new M&S”.
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AnalysisHow Gymshark and Cult Beauty are cashing in on the TikTok opportunity
An exclusive survey of more than 1,000 online shoppers reveals what’s really making them part with their cash in our unmissable new report
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InterviewQ&A: Jo Malone London’s global general manager on going after ‘untapped opportunities’
Retail Week sits down with Jo Malone London’s senior vice president and global general manager Jo Dancey to talk about all things perfume and signing British actor Tom Hardy as the face of its new advertising campaign
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NewsTopps Tiles to launch app and new loyalty scheme
Topps Tiles is to launch an app and new loyalty benefits to encourage spend from trade professionals.
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NewsM&S unveils Oxford Circus station fashion marketing takeover
Marks & Spencer has launched a ”multi-sensorial” takeover of London’s Oxford Circus tube station using scent – the first time such an initiative has been undertaken in that environment.
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GalleryFirst look: Liberty unveils immersive Bridgerton experience
Luxury department store Liberty has become the latest retailer to jump on the Bridgerton bandwagon as it unveils its new immersive pop-up experience in partnership with the hit Netflix and Shondaland TV series.
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NewsFrasers emerges as frontrunner for Princesshay with Crown Estate
Frasers Group has emerged as the frontrunner to buy a majority stake in Princesshay estate and shopping centre in Exeter, which is partly owned by the King’s Crown Estate.
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NewsSuperdry gears up for emergency sale if creditors oppose survival plan
Embattled fashion retailer Superdry is gearing up for an emergency four-week sale process if creditors fail to support boss Julian Dunkerton’s restructuring proposal.
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NewsRyman Design to launch in Scotland with Edinburgh debut
Stationery retailer Ryman is launching a new Ryman Design store to open in Scotland for the first time.
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NewsGrocery price rises slow as own-label trade down continues
Grocery inflation in the UK slowed to the lowest levels seen since 2021, though households are continuing to trade down to cheaper, own-label products after over two years of rising prices.
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NewsShoe Zone lowers guidance as profits flatten
Footwear retailer Shoe Zone has lowered its full-year profit guidance. Revenues may have edged up but profits remained flat during the first half.
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NewsKingfisher records positive sales in UK while sales in France fall
Kingfisher has kept its full-year guidance, recording positive sales in the UK offset by a sales decline in France.
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NewsTopps Tiles unveils ‘Mission 365’ growth strategy amid sales drop
Topps Tiles has introduced a new growth strategy over the medium term as it posts a fall in profit and sales.