All News articles – Page 125
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NewsFrasers launches new digital platform in 'first-of-its-kind' investment
Frasers Group, which owns Sports Direct and Flannels, has announced a group-wide overhaul of its digital infrastructure as it invests “to improve the efficiency of its retail operations and the ecommerce experience for customers across its sports, premium, and luxury brands”.
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NewsGlossier fulfils UK expansion ambitions with Space NK tie-up
Glossier has announced its partnership with high street beauty retailer Space NK, which will see the brand’s in-store and online presence expand in the UK and Ireland.
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NewsAmazon to build new multimillion-pound UK warehouse
Amazon is set to build a new £500m fulfilment centre in the East Midlands, creating a mass of new jobs.
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NewsJD Sports opens the doors to its first store in the Middle East
The sportswear store in Bahrain is part of its franchise agreement with Dubai-based retailer and distributor GMG.
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NewsCarpetright to slash 70 jobs at Essex HQ
Flooring retailer Carpetright is axing around 70 jobs at its headquarters, equating to more than 25% of head office staff.
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NewsThe Fragrance Shop posts strong sales in ‘record-breaking year’
The Fragrance Shop has reported a “record-breaking year” as like-for-like sales increased 6.1% in the full year ending April 1.
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NewsCastore acquires clothing supplier Infinity Inc
Manchester-based sportswear brand Castore has today announced its acquisition of Leeds-based clothing supplier Infinity Inc.
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NewsWaitrose under fire for reduced redundancy payouts
Waitrose has been accused of forcing reduced redundancy payouts on some of its warehouse staff who were at risk of losing their jobs.
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NewsZalando holds firm on guidance as profits improve
Online fashion giant Zalando has confirmed its full-year guidance for 2024 after delivering growth and “improved” profitability during the first quarter.
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NewsRetail sales fall in April in ‘depressing start to spring’
UK retail sales took a dip in April as “dismal weather and disappointing sales led to a depressing start to spring for retailers”, according to the latest BRC-KPMG Retail Sales Monitor.
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NewsTala expands into physical retail with debut partnership with Selfridges
Athleisurewear brand Tala has announced its first physical retail partnership with luxury department store Selfridges in “an exciting new chapter” for the brand.
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NewsThe White Company credits ‘strong store performance’ for sales boost
The White Company has said its latest sales performance was driven by a “strong performance” from its stores as customers returned to the high street.
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NewsAsda delays debt until next decade as it completes £3bn refinancing deal
Asda has completed a refinancing of £3.2bn of its debt, which the supermarket said will push the “majority of its maturities into the next decade”.
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NewsApple profits and revenue decline as demand for iPhone weakens
Apple has posted a decline in profits and revenue as sales of products, in particular iPhones, dropped.
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NewsAsda slashes prices on over 100 products worth £70m
Asda has announced a new round of price cuts on 126 essential items worth £70m as part of its strategy to reduce the price of shopping for customers.
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NewsMango targets 20 new UK stores this year
Mango has announced it will bolster its UK store portfolio with more than 20 new openings this year.
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NewsTesco appoints former Amazon and Pinterest executives
Tesco has hired two former Amazon and Pinterest executives to strengthen its retail media offering as demand in the sector increases.
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NewsExclusive: Suit Direct secures Westfield premises for new flagship
Menswear retailer Suit Direct has secured a store at Westfield Stratford City for its newest flagship, Retail Week can reveal.
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NewsLondon Marathon helps boost April retail footfall
Retail footfall in April saw a monthly rise of 1.2% across all destinations as shoppers made their way to high streets, battling bad weather conditions and rail strike disruptions.
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NewsLounge sales increase but profits fall due to rising expansion costs
Underwear and apparel retailer Lounge has posted a fall in profits, despite a rise in sales for the 2023 financial year, due to rising costs from its growth strategy.