More on Me + Em – Page 144
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NewsDobbies likely to seek rent cuts as restructuring advisers drafted in
Garden centre group Dobbies is working on restructuring proposals that may lead to store closures and rent reductions.
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AnalysisUnited Legwear & Apparel Co: Who is Ted Baker’s new UK and European operator?
Yesterday marked the end of a turbulent period for Ted Baker, since it collapsed into administration in March this year, with global manufacturer and distributor United Legwear & Apparel Co (ULAC) coming to its rescue. Retail Week takes a look at the brand’s new UK and European ecommerce operator, its history and what the future of Ted Baker might look like under the new partnership.
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NewsVinted is offering a dedicated electronics category for the first time
Secondhand marketplace Vinted has launched a new electronics category on its app, adding to its main category of preloved fashion, Retail Week can reveal.
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NewsTesco faces prospect of strike action as staff reject pay offer
Tesco is bracing for possible strike action across its distribution network after warehouse workers at eight sites rejected a pay offer.
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GalleryGo Outdoors has opened biggest outdoor store in Europe in York
JD Sports-owned specialist retailer Go Outdoors has opened the “biggest outdoor store in Europe” at Vangarde Shopping Park in York.
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NewsHalfords bike website had a boost in visitors after Team GB’s cycling success
Team GB’s strong cycling performance at the Paris Olympics has led to a spike in demand for bikes, according to new figures released by Halfords today.
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NewsHomebase is poised to kick off talks with potential investors
DIY specialist Homebase is preparing to start discussions with potential new investors, Retail Week can reveal.
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NewsFruugo has appointed a former Amazon director as chief operations officer
Global online marketplace Fruugo has hired a former Amazon director to take on the role of chief operations officer.
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NewsSainsbury’s snaps up a raft of Homebase stores in a deal valued at £130m
Grocer Sainsbury’s is buying a raft of stores from DIY specialist Homebase as it seeks to extend its presence and “offer more food choice to more customers”.
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NewsVery is launching its first fashion TV campaign in seven years
Very is making a TV comeback with its first television advert in seven years, showcasing its autumn collection through the group’s Haus of Flamingo fashion platform.
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NewsQuiz has posted losses and a decline in revenue
Fashion retailer Quiz has posted “disappointing” results, which it said reflect the impact of inflationary pressures on consumer spending.
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NewsAugust retail footfall has seen a ‘marginal’ rise despite summer holidays and UK riots
Retail footfall in August saw a “marginal” uplift in a month that usually sees shoppers on summer getaways.
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Opinion‘Gen Z are a different breed, and retail has historically mischaracterised them’
Gen Z will have the highest disposable income of any generation, so despite near-term turbulence, now is the time to reflect on how the landscape will change, advises OC&C’s Matt Coode
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NewsKurt Geiger has posted ‘record’ sales and a rise in profit
Kurt Geiger has posted “record” profits and handbag sales despite weaker demand in the wider luxury market.
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NewsHobbycraft has been acquired by Modella Capital
Modella Capital, which has backed chains including Paperchase, Tie Rack and Ted Baker’s UK licensing partner No Ordinary Designer Label (NODL), has acquired arts and crafts retailer Hobbycraft.
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AnalysisWhat can retailers learn from Frasers' online rebrand and multi-brand strategy?
As Frasers gives its department store website a makeover to mirror its in-store shopping experience, Retail Week takes a closer look at the strategy behind the move and wonders if other retailers should follow suit?
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NewsTemu group warns on ‘inevitable’ profit decline as results miss analyst expectations
Temu’s owner, PDD Holdings, has warned of an “inevitable” reduction in profitability as the group reports slow growth and rising competition.
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NewsOcado unveils its sixth round of price cuts across branded and M&S ranges
Ocado Retail has unveiled its sixth Big Price Drop since June 2023, giving customers price cuts across branded, own brand and M&S products.
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GalleryFoot Locker has unveiled its reimagined ‘Home Court’ concept store in New York
US-based sports retailer Foot Locker has re-opened the doors to its flagship store on 34th Street in New York showcasing its new ‘Home Court’ concept.
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NewsMorrisons slashes the prices of 2,000 grocery items for its More Card customers
Supermarket Morrisons has today unveiled a new loyalty drive, slashing the prices on more than 2,000 products for its More Card customers.