All articles by Ritika Bhoora – Page 16
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NewsCo-op profits and sales drop as crime levels reach record high
The Co-op has reported a fall in profits and sales in the full year ending 2023 as it faced challenges due to increased levels of shoplifting and inflationary headwinds.
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NewsAdanola appoints former Gymshark head as CEO
Athleisurewear brand Adanola has named Gymshark’s former chief commercial officer, Niran Chana, as chief executive as the brand eyes international expansion.
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NewsShop price inflation falls to lowest level since December 2021
Shop price inflation eased to the lowest level since December 2021 in March “as retailers continued to compete fiercely to bring prices down for their customers”.
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AnalysisJD Sports CEO Régis Schultz kicks on despite sluggish sportswear growth
As the sportswear market goes through a period of uncertainty, taking a hit from inflationary pressures, reduced consumer spending and a lack of innovation, JD Sports chief executive Régis Schultz remains confident in the retailer’s execution
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NewsBoots sales rise as market share increases for 12th consecutive quarter
Boots has reported growth in both in-store and online sales in the three months ending February 29, 2024, as it delivered a retail market share growth for the 12th consecutive quarter.
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NewsThe Perfume Shop strengthens leadership with two new directors
The Perfume Shop has appointed Karen Harris and Laura Wilkinson to the newly created positions of customer director and online business director, respectively, as it looks to drive growth in both online and offline channels.
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NewsSkincare brand Elemis to open first standalone store in London's West End
Skincare brand Elemis is set to open its first standalone store in Seven Dials this spring, strengthening its foothold as a “forerunner in providing premium skincare”.
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GalleryStore gallery: Inside Lush’s swampy Shrek-themed pop-up
Lush has brought the city of Duloc from the famous Shrek films to the heart of Soho in London as it launches its new limited edition Shrek collection at a pop-up just in time for Easter
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NewsHolland & Barrett names new UK CEO as part of restructure
Holland & Barrett has named Anthony Houghton as its new chief executive for the UK and Ireland as part of its new operating model “to help further accelerate its growth and transformation strategy.”
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InterviewRituals CEO on the retailer’s drive to ‘open one new store every working day’
Retail Week sits down with Rituals founder and chief executive Raymond Cloosterman to find out why he’s driving the brand to open a new store every working day this year, despite the downturn in luxury sales around the globe.
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NewsUK consumer confidence stalls in March
Consumer confidence remained flat in March after a two-point decrease in February but views on personal finance improved despite the ongoing challenges faced by consumers.
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NewsSuperdrug cosmetics price freeze celebrates highest market share
Superdrug is set to freeze prices on over 5,000 cosmetic products “as part of the business’s ongoing commitment to support shoppers, through the rising cost of living”.
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NewsMajestic in advanced talks to buy Vagabond Wines
Majestic Wine is in advanced talks to buy London-based wine chain Vagabond, which has filed a notice of its intention to appoint administrators.
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NewsNext beats expectations to post record profits as sales soar
Next has reported record profits ahead of expectations as sales soared in the full year ending January 31, 2024.
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AnalysisTech meltdowns: what can retailers learn from Sainsbury’s, Tesco and Greggs’ woes?
After Greggs became the fourth major business in the UK to face disruptions due to IT issues in less than a week, what can retailers do differently to avoid such issues in the future?
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NewsHolland & Barrett staff receive 'substantial' pay rise
Holland & Barrett is set to increase the hourly pay of store colleagues across the country by 9%, bringing the hourly base pay to 5% above the national living wage.
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GalleryInside Liberty’s ‘first of its kind’ fragrance lounge
Luxury department store Liberty has opened doors to a “first-of-its-kind fragrance destination” in the heart of London.
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InterviewQ&A: Haircare brand Rehab co-founders on the need for industry innovation
Retail Week speaks to haircare brand Rehab about its story and growth, and the need for innovation to solve the issue of plastic packaging in the beauty industry
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NewsNet store closures surge across Britain
Net store closures accelerated above 2022 levels in Britain but remained lower than between 2018 and 2021, according to the latest figures from PwC and Local Data Company (LDC).
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NewsWHSmith appoints new chief financial officer
WHSmith has appointed Max Izzard as its new chief financial officer, who will take over from Robert Moorhead.