All Retail Week UAT articles in November 2023 – Page 2
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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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AnalysisTikTok Shop: three retailers nailing social commerce
Over 1.5 million UK businesses are now on the TikTok app, and the brand reports that the number of merchants joining its ecommerce platform is growing “rapidly”. We spoke to three social-savvy businesses that have made a success of it.
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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.
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NewsShein aims for New York Stock Exchange listing
Fast-fashion giant Shein is understood to be gearing up for a stock market float in the US as it reportedly filed “confidential paperwork” for an initial public offering.
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NewsWilko chair blames retailer’s collapse on Truss mini-budget
Former Wilko chair Lisa Wilkinson has laid out the issues that led to the collapse of the retailer, including pointing to former prime minister Liz Truss’ mini-budget for driving up interest rates.
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DataFashion retail leaders predict what future consumers will want to buy
Leaders and product bosses from New Look, The Very Group, Matalan, Bam, N Brown, Secret Sales, Fat Face and Seasalt reveal the products and trends they expect to be big news over the next three years
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AnalysisBlack Friday: Sales decline despite ‘buzz’ on UK high streets and marketplaces
Store footfall was down 1.6% across UK retail destinations while Barclaycard transaction volumes declined 0.6% year on year. In contrast, total gross sales for major marketplaces via CommerceHub increased by 18% on 2022
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NewsPets at Home hails ‘resilient’ trading as it maintains full-year guidance
Pets at Home has hailed its “resilient performance” and noted “encouraging signs” in the lead-up to Christmas.
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NewsTopps Tiles escalates market share while profits dip
Topps Tiles has posted a boom in sales for the full year and confirmed it has achieved its market share goal “two years ahead of schedule,” with cost inflation taking its toll.
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AnalysisRetail Horizon 2024: Industry optimism amid consumer caution and global uncertainty
Retailers are emerging cautiously from recent macroeconomic challenges. As inflation moderates and supply chain pressures ease, businesses are looking ahead with measured optimism.
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AnalysisRetail Horizon 2024: Industry
Retail Horizon 2024 is Retail Week’s exclusive strategic toolkit for subscribers.
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NewsBusiness rates and wage hike could send inflation soaring, warns BRC
The British Retail Consortium has warned that inflation could rocket again next year, as retailers face soaring business rates bills and the rising national living wage.
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NewsDecathlon buys German pureplay sportswear brand Bergfreunde
Sportswear giant Decathlon has announced the acquisition of German pureplay mountain sports, climbing gear and outdoor equipment specialist Bergfreunde.
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GalleryDr Martens opens 100th European store on Oxford Street
Dr Martens has opened its 100th store across the Europe and Middle East region as it continues to expand its bricks-and-mortar retail presence.
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NewsMountain Warehouse to ramp up store expansion following record sales
Outdoor clothing retailer Mountain Warehouse is accelerating the pace of store openings after posting a record sales peak.