All articles by Megan Robinson – Page 40
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NewsTemu owner's revenues and profits surge in ‘pivotal’ year
Temu owner PDD Holdings has recorded a massive surge in full-year and fourth-quarter profits and revenue.
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NewsJD.com walks away from Currys takeover bid
Chinese ecommerce retailer JD.com has abandoned its plans to put in a formal bid to takeover Currys.
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NewsPoundland to make TV advert debut
Poundland will showcase its new clothing, homewares and grocery ranges in its TV ad debut.
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NewsJohn Lewis scraps bonus again despite return to profit
John Lewis Partnership has returned to profit following a period of losses as it enters a year of “significant investment” to refresh its plan.
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NewsDeliveroo posts narrowing losses in ‘resilient year’
Deliveroo has reported narrowing losses and an increase in revenue in what the group described as a “resilient year of growth” amid tough macroeconomic conditions.
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NewsAsda and Amazon face fresh strikes this month
Workers at the Asda Wisbech store, as well as at the Amazon Coventry and Birmingham depots, are set to strike this month, the GMB union has announced.
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NewsMusic Magpie 'confident' despite decline in profit and revenue
Music Magpie has reported a decline in overall revenue and profit for the year ending November 30, 2023.
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NewsAmazon UK boss Boumphrey: Gen-AI the ‘most transformational technology since the internet’
Amazon UK country manager John Boumphrey has said the generative AI will probably be the “most transformational technology for the retail industry since the arrival of the internet”.
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NewsCurrys completes sale of its Greek business Kotsovolos
Currys has completed the sale of its Greek business Kotsovolos after first entering a deal with Greek electricity supplier Public Power Corporation (PPC) in November last year.
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NewsFrasers Group puts Matches into administration
Frasers Group is putting online luxury fashion retailer Matchesfashion into administration after buying it less than three months ago.
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NewsExclusive: Deliveroo expands Screwfix partnership to 15 locations
Deliveroo has expanded its partnership with Screwfix to reach 15 locations since its launch, Retail Week can reveal.
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NewsCurrys launches new Fortnite game to help zap electronic waste
Currys has launched its first-ever game created in Fortnite to inspire Gen Z users to limit their electronic waste.
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NewsSecond Asda store set to strike as Brighton stores vote against action
The Asda supermarket in Wisbech, Hampshire has voted for industrial action following a ballot. Meanwhile, the Brighton Marina and Hollingbury stores have opted against taking industrial action.
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NewsTikTok Shop and Shopify launch new app for UK sellers
TikTok Shop has expanded its partnership with Shopify in the UK, as Shopify merchants can now connect their online store on the shopping platform using a new app.
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NewsCurrys invests a further £13m in staff pay
Currys is investing a further £13m in colleague pay, which will see all hourly paid staff receiving a higher hourly rate and bonuses.
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AnalysisDisruptors: Seven smart tech companies streamlining retail
From AI headsets to cryptocurrency, Retail Week explores seven tech firms that are aiming to boost efficiency, sales and engagement across the industry
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NewsOxford Street revamp set to deliver £2.8bn in additional sales by 2033
The new £90m Oxford Street programme is expected to drive 5% to 10% in sales growth per year to potentially reach £2.8bn in additional sales between 2027 and 2033, according to the New West End Company.
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NewsAsda denies union claims as new store gets set to vote on strike action
Asda has denied the GMB union’s numerous claims of an unsafe working environment, allegedly prompting another Asda supermarket to vote on industrial action.
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NewsFootasylum sales rise across all channels in year of ‘record growth’
Footasylum has posted sales growth across all business channels as it marks another year of “record growth”.