More on Me + Em – Page 355
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NewsMatalan names Nigel Oddy as interim chief executive as it searches for buyer
Matalan has appointed retail veteran Nigel Oddy as chief executive on an interim basis, while founder and chair John Hargreaves is to step down.
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NewsRiver Island invests in stores as it returns to profit
River Island swung back into the black in 2021, beating pre-pandemic figures.
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NewsFrasers makes mandatory offer for online player MySale
Frasers Group has made a mandatory offer for online fashion specialist MySale after the rebuffal of earlier interest.
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NewsBoohoo cancels orders and Wilko delays payments amid tough trading conditions
Online fashion specialist Boohoo has cancelled orders and variety store group Wilko is delaying supplier payments as disrupted trading conditions take a toll.
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NewsAldi pledges to 'double down' on low prices as profits fall
Value grocer Aldi has vowed to deliver the lowest prices to shoppers after posting a slide in annual profits.
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InterviewInterview: Poundland’s Barry Williams on Christmas, cost of living and gunning for the grocers
Retail Week sits down with Poundland boss Barry Williams to discuss the challenges and opportunities presented by the cost-of-living crisis, the retailer’s growing focus on new categories and building a profitable online business from a standing start
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AnalysisFrom BeReal to drone deliveries: Walmart, Rotaro and Trinny London reveal top CX investments
Retail Week’s Consumer Week kicks off today. From tapping into new demographics to understanding what shoppers really want from in-store experiences, retailers and brands from across the industry will share how they are engaging with cash-strapped consumers
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NewsRetail welcomes return of tax-free shopping despite bitter rates disappointment
Representatives of the sector have welcomed the reinstatement of tax-free shopping for tourists as a boost for UK retail’s competitiveness in a bleak economic climate.
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NewsScS appoints ex-Argos boss John Walden as chair
ScS has named former Argos and Home Retail Group boss John Walden as its new chair.
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NewsMade.com and Revolution Beauty sound alarm over trading and financing
Embattled retailers Made.com and Revolution Beauty have raised further alarm bells over their financing and current trading as both businesses battle to secure their futures.
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DataConsumer confidence ‘buckles’ to new record low amid spiralling finance fears
Consumer confidence has hit a record low for four out of the last five months, as shoppers’ concerns about personal finances and the economy in the year ahead spike.
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Opinion‘Hyperinflation demands aggressive response on customer proposition and costs’
While hyperinflation might be a new challenge for many UK retailers, there are strategies to navigate it, say Anita Balchandani and Richard Mayfield at McKinsey & Company
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NewsLidl to become highest-paying UK supermarket following second pay rise of year
Lidl has invested a further £39.5m into raising hourly pay for store and warehouse staff, making it the UK’s highest-paying supermarket.
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NewsMorrisons launches media business to capture brands’ advertising revenues
Morrisons has become the latest retailer to launch an advertising media business connecting brands to consumers.
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NewsData: Store closures slow in ‘remarkable’ post-pandemic retail recovery
The recovery of physical retail stores and leisure destinations has been “remarkable” given the ongoing economic headwinds facing the sector, according to a new report.
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NewsJD Sports rides out turmoil to post profits at top end of expectations
JD Sports has reported a fall in first-half profits, which nevertheless came in at the top end of management expectations after a period of upheaval.
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AnalysisAnalysis: Life after Debenhams – how beauty brands defied the department store downturn
Dwindling department store numbers across the UK could have been a death knell to the beauty sector’s fortunes, but new entrants and changing consumer habits have driven the sector’s performance
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Retail VoiceHow AI can simplify self-service shopping
Retailers looking to provide consumers with a more convenient way to buy loose items should consider simplifying pick lists using AI technology such as computer vision, says Diebold Nixdorf’s Matt Redwood
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Retail VoiceHow to avoid inventory accuracy hurting the bottom line
Retailers should review their stock-counting processes and take back control as the current crisis puts more pressure than ever on costs and margin, says Mike Finch, operations director, retail solutions, EMEA at Zebra Technologies
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NewsPets at Home reshapes exec team as chief operating officer Robinson exits
Pets at Home’s chief operating officer David Robinson is set to exit the business.