More on Me + Em – Page 253
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NewsMothercare revenue and profit declines ahead of refinancing
Mothercare has reported a drop in revenue and profit ahead of completing a refinancing of the business to ensure it has “adequate and appropriate” funds for the future.
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Retail VoiceDear marketer, don’t shoot an arrow in the dark
The lack of relevant focus and in-depth data around consumer food habits and preferences is costing retailers and brands in the F&B sector unparalleled lost opportunities each year. Vinhood looks at how to collect the right data points
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AnalysisStrategy spotlight: Five ways Lush is building its brand identity to accelerate future growth
With an overriding ethos focused on “leaving the world Lusher than we found it”, the Retail Week analyst team explores five ways Lush is strengthening its brand identity to drive future growth
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NewsUK consumer confidence inches up but customers still under pressure
UK consumer confidence inched up four points in September as inflation slowed, but customers continue to face financial pressure.
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GalleryWalmart launches first foray into pet services
With pet ownership now higher than ever post-pandemic, Walmart has made its first play into pet services with a new centre in Dallas, Georgia.
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AnalysisThe key takeaways from Next’s half-year results
Following a rise in profits and sales at Next during the first half of the year – and another increase in earnings expectations – Retail Week highlights the vital factors from the fashion retailer’s performance that have contributed to its continued success
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NewsJD Sports CEO Régis Schultz: ‘If you do a good job, you get good results’
After JD Sports posted double-digit profit growth in the first half of the year, in line with expectations to hit the £1bn profit mark for the first time, Retail Week finds out what has made the business more successful than others in its space
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NewsAvon signs exclusive retail partnership with Superdrug
Global beauty brand Avon has announced its first retail partnership in the UK as it rolls out products in more than 100 Superdrug stores nationwide.
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NewsWilko administrators to carry out review of £77m dividends payout
Wilko’s administrators PwC will conduct a review into the dividends paid out to investors in the decade leading up to the retailer’s collapse.
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NewsTK Maxx owner TJX records rise in revenue and profit
TJX UK, a subsidiary of TJX companies in the UK that owns TK Maxx and Homesense has recorded a rise in revenue and profit in the 52 weeks to January 28.
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NewsCo-op profits climb driven by cost-saving efforts
The Co-op has reported “robust” sales performance as it swung to an operating profit driven by cost savings during the period.
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NewsJD Sports ‘on track’ for full year as sales increase
JD Sports has posted an increase in sales and confirmed profit remains “on track” for the full financial year as its strong brand portfolio continues to pay off.
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NewsNext raises profit guidance as sales boom
Next has increased its full-year profit guidance for the third time this year as sales and profits boomed during its first half.
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NewsNew private equity players bid for The Body Shop
British-based investors Alteri and Epiris have emerged as the new names that may be in the running to buy The Body Shop, Sky News reported.
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NewsTHG commits to sustainability targets after government U-turn
THG, which owns brands like Lookfantastic, Cult Beauty and MyProtein, has announced its net-zero targets have been validated by the Science Based Targets Initiative (SBTi).
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NewsTesco chief customer officer Bellini steps down
Tesco chief customer officer Alessandra Bellini is stepping down from her role at the end of September, after nearly seven years with the business.
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InterviewQ&A: Fruugo founder Dominic Allonby on international expansion and standing up to Amazon
Retail Week speaks to Fruugo founder and executive chairman Dominic Allonby about the importance of cross-border ecommerce, setting itself apart from the likes of Amazon and why every retailer can benefit from operating in a marketplace
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NewsTikTok shop launches refurbished tech category
TikTok Shop has launched a new refurbished technology product category in the UK for users to buy directly from the platform.
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NewsPoundland relaunches ecommerce website
Value giant Poundland has relaunched its ecommerce website, offering customers a range of around 3,000 products online.
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AnalysisFive ways Shein is disrupting fashion as it posts £1bn in UK sales
In September 2023, Shein’s UK business posted £1.1bn in sales and a pre-tax profit of £12.2m in the 16 months to December 31, 2022, according to a Companies House filing. Here are the key things you need to know about this ecommerce powerhouse and how it is making waves in the fashion industry