All Retail Week UAT articles in October 2024 – Page 8
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NewsSelfridges’ property portfolio value plummeted last year
The value of luxury department store Selfridges’ property portfolio plummeted by more than half a billion pounds last year, according to reports.
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NewsRetailers have urged the chancellor to keep promise on business rates relief
Chancellor Rachel Reeves has been urged to maintain the government’s commitment to ease the pressure from business rates on the high street.
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NewsMulberry's owner has rejected an increased bid from Frasers Group
The owner of luxury fashion brand Mulberry has rejected a revised bid from Frasers Group and said it has “no interest” in selling its shares to the retailer.
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InterviewInterview: Matt Hood – The man taking the Co-op back to the future
Hood has been with the Co-op for seven years and running its food business for more than two. He was promoted at a time of huge change at the Co-op, following a sustained period of success under former group chief executive Steve Murrells and Hood’s predecessor Jo Whitfield.
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Innovation of the WeekAmazon aims to cut delivery time and effort with new 'vision-assisted' tech
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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AnalysisTHG’s Ingenuity demerger explained and what it means for the rest of the business
As THG demerges its Ingenuity division, Retail Week examines what this means for the online retail giant
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GalleryLouis Vuitton has opened its first store and cafe at a UK airport
Luxury fashion brand Louis Vuitton has opened a new store and cafe at London’s Heathrow Airport.
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NewsZalando has upped its guidance as sales and profits soar in ‘strong start’ to the season
Online fashion giant Zalando has increased its full-year guidance as sales and profits surged thanks to a “strong start” to the autumn/winter season.
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NewsQuiz chief financial officer heads for the exit
Fashion retailer Quiz’s chief financial officer and company secretary is exiting the business.
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NewsWhite Stuff is opening its first airport store
White Stuff is taking its offer airside with its first airport store.
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Opinion‘The Employment Rights Bill will hit retail harder than most’
Increased costs, changes to dismissal rules and preventing sexual harassment are among the factors retailers must consider as the new government shakes up employment policy, cautions Anna Elliott
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NewsTHG to demerge Ingenuity arm to simplify business model as it sets sight on FTSE
THG is set to demerge its Ingenuity arm as it simplifies its business model as a consumer beauty and nutrition group and targets inclusion in the FTSE UK Index by March 2025.
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NewsUniqlo parent Fast Retailing's sales have exceeded £15bn for the first time
Fast Retailing, the owner of fashion retailer Uniqlo, has reported soaring sales and profits for the full year as sales exceeded ¥3trn (£15.5bn) for the first time.
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NewsRiver Island has swung to a loss amid a ‘challenging’ environment and tough competition
Fashion retailer River Island has swung to a loss amid declining sales and competition within the fashion market continuing to ramp up.
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NewsBensons has opened an ‘unprecedented’ number of new stores
Bensons for Beds has opened more than a dozen new stores in less than a month following its buy-up of doomed Carpetright locations.
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NewsIkea’s sales have taken a hit following its move to lower prices
Ikea’s move to draw shoppers in with lower prices has taken a toll on its revenues.
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GalleryFenwick has unveiled the ‘UK’s biggest beauty hall outside of London’
Department store group Fenwick has opened the doors to what it claims to be “the largest UK beauty hall outside London”.
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NewsWaitrose has expanded its on-demand delivery with Just Eat tie-up
Waitrose has struck a partnership with Just Eat to bolster its on-demand delivery proposition.
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NewsN Brown has announced a profit improvement as it focuses on sales
Home shopping group N Brown has reported a small profit in its first half on the back of strategic progress.
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NewsPrivate equity group Apollo has taken control of End Clothing
Private equity house Apollo Global Management has bought fashion retailer End Clothing from its counterpart Carlyle Group.