More on Me + Em – Page 249
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NewsFootfall weakens as shoppers limit spend ahead of Christmas
Footfall across all UK destinations declined in September as consumers restricted their shopping ahead of the Christmas season.
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NewsExclusive: Oh Polly launches in the Middle East
Online fashion retailer Oh Polly is launching a new website and social media platforms in the Middle East as part of its international expansion, Retail Week can reveal.
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AnalysisTesco’s Ken Murphy on net zero, retail crime and profiteering accusations
On the day that Tesco posted surging profits and sales, its chief executive Ken Murphy gave his takes on a host of issues facing grocery and the retail sector.
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GalleryNew Balance flagship ‘built to put people, not products’ first
New Balance has opened its doors to a new retail concept store “built to put people, not products, at the centre of the consumer experience” in Westfield Stratford City in London.
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NewsTopps Tiles sales soar in ‘record’ year
Topps Tiles has posted an increase in sales and said it expects adjusted profit before tax to be “in line with market expectations” as it hailed another “record” year.
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NewsSuperdry to sell South Asian IP for £40m to ‘accelerate growth’
Fashion retailer Superdry has confirmed it has signed a joint venture agreement with Reliance Brands Holding UK Ltd for the sale of its intellectual property assets in India.
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NewsTesco profits and sales surge as focus on value pays off
Tesco has posted an increase in both profits and sales during its first half, as well as raising its full-year profit guidance, as its investment in value and quality pays off.
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NewsOcado slashes prices on more than 500 products
Pureplay grocer Ocado has cut the prices on more than 500 of its items, including “autumn and winter favourites”, as part of its ‘Big Price Drop’ initiative.
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Opinion‘Planning is the elephant in the room in high streets debate’
Effective planning could drive intelligent developments in towns, including the ways that retail can be bolstered, argues entrepreneur Emma Bridgewater
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Retail VoiceWhy reducing food waste is an untapped silver bullet
With plans for mandatory food waste reporting now discarded by the government, Olio’s Tessa Clarke examines why it could be the solution hiding in plain sight
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AnalysisThe issues plaguing Boohoo as it loses battle against Shein
As Boohoo posted a fall in revenue and profits earlier today for the six months to August 31, Retail Week looks at what’s going wrong at the fashion giant as it continues to fall behind in the fast-fashion battle.
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NewsTen more ex-Wilko stores reopen as Poundland
Ten more ex-Wilko stores will open their doors as Poundland on Saturday, October 7.
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NewsFood prices drop due to ‘fierce competition between retailers’
Both food inflation and shop price inflation have seen a continued drop and are at their lowest levels since August 2022 and September 2022 respectively.
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NewsGreggs sales soar as it maintains profit guidance
Greggs has reported a surge in sales helped by “increased customer visits” as it expects its full-year outcome to be “in line with previous expectations”.
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NewsBoohoo revenue and profits decline as it issues double-digit profit warning
Boohoo has posted a fall in revenue and profits in the six months to August 31, but said it is working on “improved profitability and getting back to growth”.
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NewsRetail footfall forecast to drop in lead-up to Christmas
Retail footfall is predicted to fall in the run-up to Christmas as consumers “tighten their purse strings” due to rising bills, according to MRI Software, formerly Springboard.
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Opinion‘Sharon White will be leaving a job half-finished at John Lewis Partnership’
John Lewis Partnership (JLP) chair Dame Sharon White’s decision to stand down at the end of a single term is perhaps not surprising. But it raises questions about the legacy she will leave behind.
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NewsNext to appoint Reiss executive as CFO Amanda James steps down
Next chief financial officer Amanda James is stepping down from her role and retiring from full-time work after 28 years at the retailer in July next year.
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InterviewQ&A: Adanola’s CEO on the brand’s journey so far and what makes it stand out
Athleisure wear brand Adanola’s chief executive talks to Retail Week about the journey of the brand, what makes it stand out from the rest and the future of activewear
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GalleryFirst look at Charity Super.Mkt’s Bluewater store
Secondhand superstore Charity Super.Mkt has embarked on a “national expansion” strategy, starting with its latest pop-up store at Bluewater shopping centre in Kent.