More on Me + Em – Page 318
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NewsZalando to cut hundreds of jobs as tough economic conditions bite
Zalando is to axe several hundred roles as it confronts a challenging environment as “pandemic tailwinds fade”.
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NewsAsda and Morrisons impose limits on fruit and veg items
Asda and Morrisons have put restrictions on the sale of certain fruits and vegetables as the UK faces fresh produce shortages.
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NewsWalmart pins second straight profit warning on cautious US consumer
Walmart has issued a second straight profit warning and offered cautious guidance for the year ahead.
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NewsLittle Mistress partners with Sainsbury’s Tu for new collection
Womenswear brand Little Mistress has entered into a partnership with supermarket giant Sainsbury’s to sell its spring/summer 2023 collection.
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NewsThe Original Factory Shop guarantees interviews for former Wilko and New Look staff
The Original Factory Shop has pledged to offer interviews to Wilko and New Look staff who are at risk or have been made redundant from the two stores.
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NewsLush in legal dispute with former CEO over shares transfer
Investment firm Silverwood Brands, headed by former Lush chief executive Andrew Gerrie, has accused the cosmetics retailer of failing to acknowledge a 19.8% transfer of shares.
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NewsMarks & Spencer goes live with digital sportswear platform
Marks & Spencer has launched digital sportswear platform The Sports Edit as a distinct entity on its website.
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NewsAsda announces key leadership changes
Asda has embarked on a leadership shake-up as it names former Aldi executive David Hills as new chief customer officer and announced logistics director Ken Towle will step down less than a year after starting the job.
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AnalysisSmart gear, pickleball and yoga: Decathlon reveals sports retail’s biggest trends
From sustainability to sports tech and the emergence of non-traditional games like padel, Decathlon predicts the trends that will take centre stage in its sector in 2023’
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NewsPrimark creates 250 new jobs as it doubles down on Stratford flagship
Primark is to double the size of its Westfield Stratford City store as part of its pledge to invest in new shops across the UK.
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NewsTesco makes ‘biggest ever investment’ in pay as hourly wages top £11 an hour
Tesco has reached an agreement with shopworkers’ union Usdaw, which will push store staff pay above £11 an hour for the first time.
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NewsShein projects doubling of revenues by 2025
Fast fashion retailer Shein has predicted its revenue will more than double to reach almost $60bn (£49.8bn) by 2025.
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NewsAmazon calls staff back to office as more firms row back on pandemic working practices
Amazon has told its staff they should return to the office for at least three days a week starting from May 1.
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NewsWilko shuffles senior management team as new CEO plans turnaround
Wilko has unveiled a new senior leadership team as the company aims to drive strategic priorities and accelerate its turnaround after a prolonged period of hardship, which saw “difficult trading over the past two years”.
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NewsCath Kidston owner considering sale
Cath Kidston may be up for sale for the second time in less than a year.
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NewsMorrisons cuts own-brand prices for second time this month
Morrisons is cutting the price of its own-label range for the second time in less than a month as it comes under increasing pressure from rivals.
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NewsThousands of retail jobs lost in ‘brutal’ start to year
UK retailers have cut almost 15,000 jobs since the start of 2023, according to the Centre for Retail Research.
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Innovation of the WeekInnovation of the Week: Holland & Barrett launches DNA testing service
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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Retail VoiceThree priorities for tech leaders
With the sands of retail shifting rapidly, Netpremacy takes a look at what this means for technology leaders, where their priorities lie and what their investment strategies look like for 2023
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NewsShopify profits and revenue jump off back of new initiatives
Ecommerce platform Shopify has recorded an increase in profit and revenue for the fourth quarter and full year in 2022, driven by “new strategic products”.