More on Me + Em – Page 298
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Opinion‘AI scare stories abound but retailers need to get in on the act now’
The rise of AI has been one of the biggest stories of the year so far, prompting excitement about its potential and fears about possible malign effects in equal measure.
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NewsAdidas in legal dispute with investors over Yeezy partnership
Investors have filed a class action lawsuit against sportswear giant Adidas, claiming the company was aware of Kanye West’s problematic behaviour years before their falling out.
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NewsJohn Lewis set to downsize London HQ as staff favour working from home
John Lewis Partnership is set to exit its headquarters and search for new offices in central London “because it needs less space” as staff continue to work from home following the pandemic, according to a report in The Times.
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InterviewInterview: Ikea boss Peter Jelkeby on his plans to ‘spice things up’ on Oxford Street
Ikea UK and Ireland chief executive Peter Jelkeby fizzes with excitement about the brand’s new city-centre digs.
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Innovation of the WeekInnovation of the Week: Zalando pilots virtual fitting room in 25 countries
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsShop price inflation ‘likely to have peaked’ in April
Inflation is “likely to have peaked” during the first week of April, despite continuing to reach record highs in some categories, according to the latest figures from the BRC-Nielsen Shop Price Index.
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NewsGymshark CEO says brand’s future is on the high street
Gymshark founder and chief executive Ben Francis has said the long-term future of the brand is on the high street and physical stores.
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NewsDeliveroo and Asda to open rapid-delivery store in London
Deliveroo is extending its relationship with Asda by opening a new rapid-delivery site in Tottenham Hale, north London.
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NewsTJX’s Greenlees wins World Retail Congress Woman of the Year
Louise Greenlees, TK Maxx owner TJX’s group president, was named Woman of the Year at the World Retail Congress in Barcelona.
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NewsCrocs raises outlook as revenues soar
Footwear retailer Crocs has raised its full-year outlook and credited a hike in revenues to the “strength” of its brands including Hey Dude, which it acquired last year.
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NewsHMV to reopen iconic Oxford Street flagship
HMV is set to return to its flagship store on Oxford Street later this year following a four-year absence.
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NewsMajestic Wine COO joins industry trade body
Majestic Wine’s chief operating officer Rob Cooke has joined the board of the Wine and Spirit Trade Association.
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NewsAmazon beats expectations with latest results
Amazon did better than expected in its first quarter when sales and income climbed despite flat ecommerce sales.
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Opinion‘Packaging rules are changing and the bill is likely to be substantial’
Retailers must prepare for new rules requiring them to cover the full costs of packaging management and recycling, says British Retail Consortium chief executive Helen Dickinson
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AnalysisTu good to be true: How the clothing brand is faring with Sainsbury’s food-first focus
As Sainsbury’s pledges the importance of value for shoppers amid the cost-of-living crisis, Retail Week explores where the Tu Clothing offer sits within its food-first focus
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NewsAsda c-store rollout gathers pace as it opens 150th location
Asda has opened its 150th On the Move convenience store in partnership with EG Group as it continues its goal of rolling out 200 c-stores by the end of 2023.
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NewseBay launches sustainable homewares hub
eBay has launched the Better Than New Homeware Hub to encourage shoppers to consider more sustainable options for their home.
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NewsHotel Chocolat cools expectations as Easter sales ‘lower than expected’
Hotel Chocolat expects sales to be slightly lower than market expectations and underlying profit before tax to break even in the 2023 financial year.
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NewsSainsbury’s profits decline as it fights to keep prices down
Sainsbury’s has reported a decline in profit as it “battles inflation” for customers, although its sales have edged up.
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GalleryIn pictures: How retail is marking King Charles III’s coronation
With King Charles III’s coronation approaching on May 6, Retail Week takes a look at what retailers are doing to gear up for the historic occasion.