More on Me + Em – Page 226
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Opinion‘Fewer, better stores will be a focus for many retailers in 2024’
Increased demand for space in retail parks and dealing with the effect of higher rates will be among the property considerations to characterise retail next year, believes Jonathan De Mello
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NewsRetailers call for levy scheme reform to secure UK food supply
The British Retail Consortium alongside the National Farmer’s Union (NFU), UKHospitality and seven leading grocers have called for reform to the apprenticeship levy system.
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NewsPotential Boots and Shein IPOs show ‘there is life’ in the City
As the week saw news of both Boots and Shein exploring a public listing in London, analysts told Retail Week that there may still be “life in the old dog yet”.
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NewsLondon Designer Outlet reports record Black Friday
London Designer Outlet (LDO) at Wembley Park has recorded a record Black Friday, exceeding last year’s record sales performance by 8.6%.
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NewsProCook boss expects profit to break even as it plans return to growth
ProCook chief executive Lee Tappenden has said he is “cautiously optimistic” about Christmas trading following a strengthened Black Friday performance.
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NewsPoundland hires nearly 1,000 former Wilko staff in 70 days
Poundland has so far hired 962 former Wilko staff in 70 days after it acquired several former Wilko sites.
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NewsProCook shows strong golden quarter trading
ProCook losses have improved, but the retailer is still in the red despite outperforming the market over Black Friday and the early part of Christmas trading.
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NewsInditex profits and sales rocket
Spanish fashion giant Inditex has reported soaring profits and sales and hailed the response of customers to its autumn and winter collections.
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NewsRevolution Beauty reaches legal settlement with co-founder
Revolution Beauty has announced it has reached a £490,000 settlement agreement with co-founder Tom Allsworth.
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AnalysisThe AI revolution: the future of retail or the next ‘shiny object’?
AI is making waves in the retail industry – but it is not without its challenges. Retail Week examines how retailers are overcoming the difficulties associated with adopting new technologies.
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AnalysisThe trends and categories set to dominate Christmas spending
Following a record Black Friday and Cyber Monday, with Shopify merchants reaching a total of $9.3bn (£7.4bn) sales globally, the ecommerce platform predicts the top trends setting retailers up for a very merry Christmas
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GalleryLush opens biggest store yet in Glasgow
Lush, the handmade bath and body retailer, has opened its biggest Scottish store on Buchanan Street, Glasgow, featuring experiential concepts and an in-store coffee shop.
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NewsPepco posts ‘disappointing profit outturn’ despite record sales
Discount retailer and Poundland parent company Pepco Group has posted a “disappointing profit outturn” after record European store openings and despite a record 17.7% growth in full-year revenue.
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NewsWaitrose to expand export business as global sales grow
Waitrose has unveiled plans to expand its export business as demand for products continues to grow in international markets.
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NewsSosandar swings to loss despite growth in revenue
Sosandar reported a loss in the first half of the year despite a growth in revenue as it continues to move towards a multichannel model.
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AnalysisGet ready for 2024 with our exclusive strategic reports
Retail Horizon 2024 is here. Now in its fourth year, gain access to Retail Week’s subscriber-exclusive strategic toolkit.
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NewsLandsec unveils new retail operating model
Landsec has unveiled a transformation of its retail operating model, which it said represented a “signal of confidence in its continued investment” in stores.
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NewsShein considers potential for UK IPO
Fast-fashion giant Shein is reportedly in talks with the London Stock Exchange about the possibility of a public listing in the UK.
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NewsExclusive: B&Q faces staff backlash over contract changes
B&Q is facing backlash from employees surrounding changes to paid breaks and reduced hours, Retail Week can reveal.