More on Me + Em – Page 266
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NewsFrasers Group takes new Meadowhall flagship as part of physical expansion
Frasers Group has announced the signing of “significant leases” with British Land, “reinforcing the group’s commitment to physical retail in the UK”.
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NewsRyman launches loyalty rewards scheme
Ryman has launched its new Ryman Rewards loyalty scheme offering lower prices and personalised products.
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NewsAldi rolls out price cuts on more products
Aldi has cut the price of over 30 household grocery items as it looks to keep offering its customers value for money.
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NewsM&S executive says Oxford Street decline is driving surge in crime
A Marks & Spencer executive claims a recent crime wave in the West End is a reminder of Oxford Street’s decline.
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Opinion‘I’ve been tortured by my inability to see why investors have championed new, disruptive models’
While investors may covet the latest shiny new thing and bash retail as ‘last season’, they are missing the virtues that great omnichannel retail increasingly holds, believes Matt Coode of OC&C Strategy Consultants
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AnalysisStrategy spotlight: Five ways Tesco is storming ahead of its big four peers
Despite squeezed consumer spending and the growing discounter threat, market leader Tesco has consistently held on to its dominant market share. Amid initial signs of food inflation starting to ease, our Retail Week analysts examine five ways we expect the grocery giant to intensify its focus and maintain its competitive advantage
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NewsSuella Braverman calls for Oxford Street perpetrators to be ‘hunted down’
The Metropolitan Police made nine arrests yesterday as hundreds of teenagers gathered outside JD Sports as a robbery campaign went viral on Snapchat and TikTok.
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NewsWilko collapses into administration
Wilko has fallen into administration after failing to secure a rescue deal, but stores will remain open while a buyer is urgently pursued.
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NewsMarks & Spencer calls on government to end VAT on period pants
Marks & Spencer has urged the government to remove VAT applied to period pants and has launched a petition for a parliamentary debate on the issue.
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NewsMajestic Wine partners with Uber Eats
Majestic Wine has announced a partnership with Uber Eats as it accelerates its on-demand delivery ambitions.
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NewsMarks Electrical hails strong sales ahead of AGM
Marks Electrical hailed strong sales growth in the first four months of the year “driven by excellent customer service” ahead of its AGM today.
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NewsWatches of Switzerland sales dip
Watches of Switzerland has reported a fall in total sales but said performance remains “in line with our guidance and expectations” in the first quarter ending July 2023.
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AnalysisWho’s shopping at Shein and which rivals stand to lose out to its success?
We asked CACI to analyse Shein’s performance to understand who’s shopping there, how often they spend, and how this stacks up against retailers with similar customer profiles like Asos, Boohoo and Very.
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Opinion‘John Lewis’ ambition to marry humans and AI is the retail holy grail’
John Lewis Partnership has become the latest retailer to focus on the potential of AI following a new tie-up with Google.
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InterviewQ&A: Lounge CEO Dan Marsden on rewriting the stereotypes of lingerie shopping
As Lounge gets ready to open its first ever permanent retail store in London’s Westfield, White City, boss Dan Marsden spoke to Retail Week about the power of social media, standing out from the crowd and the lack of competition within the underwear sector
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NewsWilko stops home deliveries for online orders
Wilko has pressed pause on home deliveries for orders on its website as it is in the midst of talks for a potential rescue deal.
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NewsUnder Armour sales slip against ‘challenging consumer environment’
In a trading update for the first quarter ending in June, Under Armour reported total sales of $1.3bn (£1.02bn), down 2% from the same period last year, and 1% in currency-neutral terms. Operating income was $21m (£16.5m) and net income was $9m (£7m).
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NewsPolice dispersal order in place on Oxford Street amid TikTok crime-spree fears
Oxford Street, one of the country’s main shopping destinations, is subject to a dispersal order and police have stepped up their presence following concern over a potential ‘mass shoplifting’ event publicised on social media site TikTok.
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NewsSchuh launches rental collection with Hirestreet
Footwear retailer Schuh has announced a new partnership with rental marketplace Hirestreet following a “record summer for occasionwear rental”.
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NewsJohn Lewis signs deal with Google to boost AI efforts
The John Lewis Partnership has signed a £100m agreement with Google as it plans to cut data storage costs and boost its artificial intelligence efforts.