More on Me + Em – Page 262
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Opinion‘Wilko’s demise doesn’t mean the death of the high street’
The collapse into administration of Wilko has been seen as symbolic of an ongoing ‘death of the high street’ as the town centres in which it mainly operates face the prospect of yet more shuttered stores – some in places where former Debenhams or Topshop stores may still stand empty since they toppled.
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NewsAbercrombie & Fitch raises outlook as brand positioning pays off
Abercrombie & Fitch has raised its outlook for the full financial year as it recorded a surge in sales during the second quarter, which it credits to the success of the “positioning and assortment” of its brand portfolio.
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NewsNew Look partners with ZigZag to open returns kiosks
New Look has partnered with returns management platform ZigZag Global and will start to roll out return kiosks in a selection of its stores this week.
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NewsPret a Manger to double loyalty discount
Pret a Manger is set to double its Club Pret discount from 10% to 20% from September 5 for loyal customers.
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NewsIkea Oxford Street store opening delayed by a year
Ikea’s debut on Oxford Street has been hit by delays as the retailer seeks to sustainably renovate the Grade II listed building formerly occupied by Topshop.
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NewsAsda makes price cuts on hundreds of products
Asda is investing £23m in cutting prices on 425 branded and own-label items in a bid to help households during the cost-of-living crisis.
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NewsJohn Lewis Partnership faces fresh criticism over rental property plans
John Lewis Partnership (JLP) is facing opposition from local residents over its plans to build rental homes in a borough of London.
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NewsPoundland and B&M circle 150 collapsed Wilko stores
Poundland owner Pepco Group and B&M European Value Retail, which trades as B&M, are reportedly in talks to acquire around 150 of Wilko’s stores, following failed attempts to find a buyer for the whole group.
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NewsWilko: jobs to be lost and stores closed as attempts to find buyer fail
Wilko’s administrator has concluded that jobs will be lost and stores will close after it failed to find a buyer for the whole business.
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AnalysisFour of the biggest innovations coming out of global retail
Published today, The Global Innovation Report takes a detailed look at retailers and brands spanning 18 international markets for inspiration on new thinking, technology and partnerships to drive a path forward. Here we highlight four significant innovations
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Report StoreThe Global Innovation Report
This report showcases the technology, data and new thinking being drawn upon by global retailers in 18 markets to drive innovation in all areas of business.
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InterviewInterview: HMV boss Doug Putman on the retailer's Oxford Street comeback
As the retailer reverses its fortunes and gears up to reopen its Oxford Street flagship, HMV chief executive Doug Putman talks about returning to the iconic store and how overhauling its product offering has paid off
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Opinion‘Purposeful business is not an alternative to shareholder value but the best way to create it’
Retail has a unique role in society and can use its strengths to address some of our most important challenges, believes The Very Group chief finance and transformation officer Ben Fletcher
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NewsFoot Locker swings to loss driven by ‘ongoing consumer softness’
New York-based sports retailer Foot Locker reported a 10% fall in sales in the second quarter of the year impacted by “ongoing consumer softness, changing vendor mix and the repositioning of Champs Sports”.
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NewsSainsbury’s and Mountain Warehouse join campaign to axe period pants tax
Grocer Sainsbury’s and outdoor clothing specialist Mountain Warehouse have become the latest retailers to lend their support to a campaign to scrap VAT on period pants.
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NewsTrue partners with Apparel Brands Limited for global growth
Investment and innovation company True has confirmed its “strategic investment” in British clothing wholesale business Apparel Brands Limited (ABL) in a bid to “accelerate growth” within the wider branded apparel market.
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NewsUrban Outfitters owner posts surge in sales
Fashion and lifestyle retailer URBN, which owns brands including Urban Outfitters, Anthropologie and Free People, has posted a surge in sales during its second quarter as well as the first half of the financial year.
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NewsSainsbury’s adds more products to Aldi Price Match campaign
Sainsbury’s has added over 40 products to its Aldi Price Match campaign in a bid to help customers save money during the cost-of-living crisis.
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NewsIceland urges government to change law on sales of infant formula
Iceland is calling on the government to make an urgent change to legislation that currently restricts the promotion of price cuts on infant formula by retailers.
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NewsAldi and Lidl gain 800,000 extra shoppers
Aldi and Lidl have secured a further 800,000 customers despite rival supermarkets announcing rounds of price cuts to retain customers.