More on Me + Em – Page 183
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NewsAmazon sales surge driven by AI and advertising
Amazon has posted a surge in sales during its first quarter, helped by the appeal and success of its AI and advertising capabilities.
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AnalysisHow retail parks are reinventing themselves with a ‘hybrid’ offer
As retail parks continue to deliver strong footfall and a more diverse mix of shops, Retail Week visits Nugent Shopping Park in Orpington to see what the latest trends are in successful locations
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Opinion‘From checkout to check-up: is now the time for retailers to diversify into services?’
People are increasingly prepared to pay to manage their health and wellness, which could spell opportunity for retailers, believes PwC’s Lisa Hooker.
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NewsSpace NK owner appoints bankers for sale of beauty chain
Space NK owner Manzanita Capital has appointed bankers as it eyes a potential sale of the premium high street beauty chain.
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NewsPets at Home expands with compact shop format
Pets at Home has opened two new smaller format stores this month as it bolsters its presence on London’s high streets.
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NewsCard Factory CEO on why its ‘relentless focus on value for money’ has paid off
As Card Factory posts robust sales in the full year ending January 2024, Retail Week speaks to chief executive Darcy Willson-Rymer on its strategy for success and future plans.
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NewsLidl targets big cities for next wave of store openings
Value grocer Lidl is seeking more locations in leading cities as it pursues an ambition to open “hundreds of new stores”.
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NewsMorrisons completes sale of forecourts to MFG
Grocer Morrisons has concluded the sale of its forecourts business to specialist operator MFG.
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NewsFifth of Ocado shareholders revolt over chief executive’s reward package
Almost a fifth of Ocado shareholders rebelled against Ocado chief executive Tim Steiner’s remuneration deal but it will still go ahead.
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NewsCard Factory sales and profits climb as stores perform strongly
Greetings cards specialist Cards Factory has posted strong annual revenue and earnings growth as stores traded well.
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NewsShop price inflation falls further and shows ‘signs of normalising’
Shop price inflation fell in April to reach its lowest level since December 2021 as food and non-food inflation reached manageable levels, providing relief to many households.
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NewsGlobal skincare brand L’Occitane set to go private in £1.4bn deal
L’Occitane International chair Reinold Geiger is set to take the Hong Kong-listed skincare firm private in a HK$13.91bn (£1.4bn) deal, the company announced on Monday.
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NewsMonsoon Accessorize profits fall as demand slows
Womenswear retailer Monsoon Accessorize has posted a dip in profits for FY2023 as lower demand caused by the ongoing cost-of-living crisis took its toll.
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NewsN Brown chair Ron McMillan departs
Fashion retailer N Brown, which owns brands including Simply Be, Jacamo and JD Williams, has announced the departure of chair Ron McMillan.
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NewsGymshark appoints former Adidas boss to head retail and wholesale
Gymshark has appointed Hannah Mercer to the newly created role of general manager for wholesale and retail to drive the growth of the business across all physical channels.
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NewsGetir pulls plug on Europe and US markets affecting 1,500 UK jobs
Rapid grocery delivery firm Getir has announced that it will be exiting the UK, Europe and the US, with around 1,500 job losses expected in the UK.
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NewsFlying Tiger Copenhagen reports ‘record sales’ as it expands into seven new markets
Danish retailer Flying Tiger Copenhagen has posted growth in revenue and sales, as well as seeing its “best quarter ever” in terms of sales for Q4 2023.
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NewsBP promotes from within for new retail leadership roles
BP has made two internal appointments as it bolsters its UK retail leadership team.
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NewsVinted posts first profit after ‘strong’ year of growth
Online marketplace Vinted has posted a “strong” year of growth after it reached profitability for the first time and reported a surge in revenue.
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NewsShein’s London IPO to boost FTSE 100
Singapore-headquartered fashion giant Shein is set to boost the FTSE 100 as early as next month with a much-anticipated London IPO, This Is Money has reported.