All News articles – Page 161
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NewsRegulators urged to claw back millions in Wilko dividends
The chair of the Commons business and trade committee has urged UK regulators “explore every option” to claw back millions in dividends paid to Wilko’s founding family.
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NewsBershka partners with virtual try-on service in bid to reduce returns
Inditex-owned fashion retailer Bershka has announced a new partnership with AI-powered virtual fitting room platform 3DLOOK in its latest bid to reduce rising return rates and offer a more “seamless online shopping experience”.
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NewsIkea launches more Tesco car park pick-up locations
Ikea will roll out more mobile pick-up points following a successful trial in partnership with Tesco.
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NewsAldi invests £12m in slashing prices on 180 Christmas products
Aldi has announced a £12m investment on prices, lowering the cost of 180 Christmas products by an average of 20%.
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NewsLidl predicts ‘record-breaking Christmas’ as customers stock up early
Lidl expects a “record-breaking Christmas” trading period, with footfall to stores jumping 11% in the past six weeks.
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NewsMulberry losses deepen despite booming international sales
Luxury fashion and accessories retailer Mulberry has reported deepening losses despite booming revenue internationally as it continues to invest in its “long-term future”.
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NewsMastercard unveils AI personal shopping assistant
Mastercard’s personalisation platform Dynamic Yield has announced the launch of an advanced generative AI shopping tool for consumers.
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NewsJollyes hails ‘strongest-ever first half’ as it eyes 100th store opening
Pet care specialist Jollyes has hailed a “record-breaking” first half as it eyes the expected opening of its 100th store ahead of schedule early next year.
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NewsDr Martens warns on profits as ‘increasingly difficult’ US market takes toll
Dr Martens has issued a profit warning as it said ongoing problems with its US business “will take longer” to fix than first thought.
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NewsRetail footfall ‘steadied’ by Black Friday shoppers
Footfall across all UK retail destinations in November edged up as Black Friday helped to “steady the month”, according to the latest MRI Software data.
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NewsEG Group sale of UK business to Asda eases debt burden
EG Group said the sale of its UK operations to Asda brought its total debt repayments in 2023 to $4bn, “significantly reducing the group’s net leverage.”
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NewsMytheresa profits slip as luxe fashion demand slows
Luxury fashion retailer Mytheresa posted an increase in sales despite a slip in profits during the quarter as demand by its “aspirational customers across all geographies” slowed.
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NewsGreggs serves up ‘fine dining bistro’ in Fenwick flagship
Snacks specialist Greggs, famous for its sausage rolls and steak bakes, is to open a “fine dining bistro” in department store group Fenwick’s Newcastle flagship.
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NewsDeliveroo teams up with Screwfix for DIY rapid delivery
Deliveroo has made a significant foray into non-food categories with the launch of ‘Deliveroo Shopping’.
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NewsPrimark to open new stores in Italy
Primark has announced it will invest more than €50m (£43.3m) into its Italian business and open five new stores as part of its international expansion push.
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NewsCMA finds branded suppliers have ‘raised prices more than their own cost increases’
The Competition and Markets Authority (CMA) has found that branded suppliers have “raised prices more than their own cost increases” in its updated review of competition in the grocery sector.
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NewsHalfords delivers sales and profit growth despite ‘volatile trading environment’
Halfords has posted an increase in sales across its retail and autocentres categories as well as a rise in profit.
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NewsAmazon opens first ‘Second Chance’ charity store
Retail giant Amazon has opened its first Second Chance Store in central London, offering customers a range of “quality returned products”.
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NewsPets at Home to launch 'step change' app and website
Pets at Home is to unveil an upgraded app and website in the new year that will deliver a “step change” as the retailer burnishes its omnichannel credentials.
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NewsMade opens first bricks-and-mortar store since Next takeover
Made.com has opened its first bricks-and-mortar store since being acquired by Next last year, marking its return to the high street.