All articles by Megan Robinson – Page 31
-
NewsAvon has filed for bankruptcy as it aims to offload millions in debt and lawsuits
Avon’s parent group, Avon Products, has filed for bankruptcy following mounting debt and lawsuits alleging talcum powder in its products causes cancer.
-
NewsAmazon has opened a new hi-tech fulfilment centre in Leeds creating 2,000 jobs
Ecommerce giant Amazon has opened a new £500m robotics fulfilment centre at Gateway 45, Leeds, creating 2,000 jobs by November.
-
NewsInflation has risen for the first time since December but food inflation remains unchanged
The rate of UK inflation saw a rise above its target 2% in July, according to the latest data from the Office for National Statistics (ONS).
-
NewsAmazon has teamed up with Barclays to launch a credit card
Ecommerce giant Amazon has teamed up with Barclays to launch a co-branded credit card in the UK to allow customers to earn rewards when they spend.
-
NewsFormer Wilko owner does not expect to help fix pension hole
The former owner of Wilko has said it does not expect to help fix the estimated £70.2m pension hole following the retailer’s collapse last year.
-
NewsCMA has started investigating Amazon’s partnership with AI start-up
The Competition and Markets Authority (CMA) has begun an investigation into whether Amazon’s £3bn investment into an AI start-up has caused less competition.
-
NewsPoundland is axing head office jobs to ‘work smarter and more efficiently’
Value variety retailer Poundland is cutting jobs across its head office in Walsall, West Midlands, as the business looks for ways to limit costs and work “smarter and more efficiently”.
-
NewsRetail sales have ‘returned to growth’ as shoppers spend more on food
Retail sales have seen a boost in July as shoppers spent more on food, while clothing and health and beauty saw a “better month” due to warmer weather.
-
InterviewQ&A: Alibaba.com president on its Olympics venture, the age of AI and supporting SMEs
On the day Alibaba.com announced the launch of a new AI tool and a venture with the International Olympic Committee in Paris, Retail Week caught up with president Kuo Zhang to discuss AI, helping athletes start businesses and other tech innovations in the works
-
AnalysisHow Southside shopping centre is battling back against Battersea Power Station
With Southside investing millions into a much-needed makeover, Retail Week visits the shopping centre to see how it’s battling back against Battersea Power Station to become the number one location in south London
-
NewsExclusive: TikTok Shop is increasing seller fees in drive to be ‘marketplace of the future’
TikTok Shop is increasing its seller base commission fees in the UK from 5% to 9%, Retail Week can reveal.
-
NewsGreggs has posted a rise in sales and profit as it continues to invest in growth
Food-on-the-go retailer Greggs has posted a rise in sales and profit as it makes “good progress” on expanding its ranges and growing its store estate.
-
NewsOcado is extending its debt maturities by raising millions of pounds in bonds
Online supermarket and tech giant Ocado is extending the maturity of its debt by raising bonds worth millions of pounds.
-
NewsAirport retailers could see a boost in sales if global IT outage continues
Retailers operating in airports could end up receiving a boost in sales and footfall if the IT outage causing havoc around the world continues.
-
NewsUK retail sales fell in June driven by the election and wet weather
UK retail sales volume declined across all sectors in June except for automotive fuel as wet weather, low footfall and the general election are likely to have impacted sales.
-
NewsPret is ditching its coffee subscription in favour of a ‘new and simpler’ offer
Pret a Manger has revealed that it will be axing its coffee subscription for loyal customers and replacing it with a “new and simpler offer”.
-
NewsCastore has appointed its first commercial director
Sportswear brand Castore has appointed a former Joe Browns and JD Sports executive in the newly created role of commercial director.
-
DataConsumer confidence in the UK has seen a ‘subdued’ improvement, the latest data reveals
UK consumer confidence inched up one point in July showing a “subdued” improvement after a three-point rise in June, according to the latest GfK consumer confidence figures
-
GalleryPremium luggage brand Carl Friedrik has opened its first-ever store
Carl Friedrik, a premium travel goods brand, has opened its first-ever standalone store on 27 Regent Street.
-
NewsAmazon Prime Day UK spend reached ‘record highs’ this year
Amazon Prime Day UK consumer spend across two days saw “record highs” totalling £1.3bn, according to the latest data from Adobe Analytics.