All Retail Week UAT articles in September 2023 – Page 4
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AnalysisStrategy spotlight: Five ways Lush is building its brand identity to accelerate future growth
With an overriding ethos focused on “leaving the world Lusher than we found it”, the Retail Week analyst team explores five ways Lush is strengthening its brand identity to drive future growth
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NewsUK consumer confidence inches up but customers still under pressure
UK consumer confidence inched up four points in September as inflation slowed, but customers continue to face financial pressure.
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GalleryWalmart launches first foray into pet services
With pet ownership now higher than ever post-pandemic, Walmart has made its first play into pet services with a new centre in Dallas, Georgia.
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AnalysisThe key takeaways from Next’s half-year results
Following a rise in profits and sales at Next during the first half of the year – and another increase in earnings expectations – Retail Week highlights the vital factors from the fashion retailer’s performance that have contributed to its continued success
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NewsJD Sports CEO Régis Schultz: ‘If you do a good job, you get good results’
After JD Sports posted double-digit profit growth in the first half of the year, in line with expectations to hit the £1bn profit mark for the first time, Retail Week finds out what has made the business more successful than others in its space
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NewsAvon signs exclusive retail partnership with Superdrug
Global beauty brand Avon has announced its first retail partnership in the UK as it rolls out products in more than 100 Superdrug stores nationwide.
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NewsWilko administrators to carry out review of £77m dividends payout
Wilko’s administrators PwC will conduct a review into the dividends paid out to investors in the decade leading up to the retailer’s collapse.
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NewsTK Maxx owner TJX records rise in revenue and profit
TJX UK, a subsidiary of TJX companies in the UK that owns TK Maxx and Homesense has recorded a rise in revenue and profit in the 52 weeks to January 28.
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NewsCo-op profits climb driven by cost-saving efforts
The Co-op has reported “robust” sales performance as it swung to an operating profit driven by cost savings during the period.
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NewsJD Sports ‘on track’ for full year as sales increase
JD Sports has posted an increase in sales and confirmed profit remains “on track” for the full financial year as its strong brand portfolio continues to pay off.
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NewsNext raises profit guidance as sales boom
Next has increased its full-year profit guidance for the third time this year as sales and profits boomed during its first half.
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NewsNew private equity players bid for The Body Shop
British-based investors Alteri and Epiris have emerged as the new names that may be in the running to buy The Body Shop, Sky News reported.
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NewsTHG commits to sustainability targets after government U-turn
THG, which owns brands like Lookfantastic, Cult Beauty and MyProtein, has announced its net-zero targets have been validated by the Science Based Targets Initiative (SBTi).
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NewsTesco chief customer officer Bellini steps down
Tesco chief customer officer Alessandra Bellini is stepping down from her role at the end of September, after nearly seven years with the business.
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InterviewQ&A: Fruugo founder Dominic Allonby on international expansion and standing up to Amazon
Retail Week speaks to Fruugo founder and executive chairman Dominic Allonby about the importance of cross-border ecommerce, setting itself apart from the likes of Amazon and why every retailer can benefit from operating in a marketplace
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NewsTikTok shop launches refurbished tech category
TikTok Shop has launched a new refurbished technology product category in the UK for users to buy directly from the platform.
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NewsPoundland relaunches ecommerce website
Value giant Poundland has relaunched its ecommerce website, offering customers a range of around 3,000 products online.
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NewsAsda boosts tech team as it separates systems from Walmart
Asda has appointed two new senior members of its technology team to help boost the development of a new strategy and lead on its separation from Walmart.
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NewsDunelm profits dip despite year of record sales
Dunelm has pinned a slight reduction in full-year profits on controlling margins during a protracted inflationary period, even as it celebrated record sales.
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Retail VoiceSustainable fashion: five key trends
From second-hand markets to de-influencing, Gowling WLG’s Jocelyn Paulley takes a look at five key trends that are shaping the sustainable fashion world.