All The Works articles – Page 3
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NewsThe Works sales edge up despite cyber attack aftermath
Sales at The Works edged up despite an “increasingly challenging consumer environment” and the aftermath of a cybersecurity attack that forced it to close five stores earlier this year.
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AnalysisResearch: Stores key to 2023 investment strategy, say Primark, Under Armour and Waitrose bosses
Retail stores will see investment this year and remain central to many retailers’ strategy next year, the UK’s leading CEOs reveal in Retail Week’s strategic outlook report Retail 2023
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DataData: The 15 most improved retailers for gender pay equality 2022
Retail Week ranks the top-performing and most improved retailers for gender pay equality this year.
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NewsThe Works forced to close several stores following cyberattack
The Works has temporarily shut some of its shops and suspended deliveries to stores in response to a cyberattack last week that involved “unauthorised access to its computer systems”.
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NewsThe Works upgrades outlook as first half losses narrow
The Works has upgraded its EBITDA outlook for the 2022 financial year, after reporting narrowing losses in the first half of the year.
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NewsThe Works counts ‘significant’ supply chain costs as sales rise
The Works has racked up “significant additional costs” to shore up its supply chains for the crucial golden quarter but insisted full-year profits will be in-line with market expectations.
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NewsPingdemic hits fashion as stores forced to close
Fashion retailers are being forced to close shops and the opening of a new department store has been delayed as the ‘pingdemic’ forces workers to isolate.
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NewsThe Works emerges stronger after ‘intensely challenging year’
Arts and crafts specialist The Works has reported that it is well positioned for the future after navigating the challenges of the pandemic.
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NewsThe Works sales slide as coronavirus restrictions take toll
The Works revised its internal profit forecast earlier in January after store closures during the year tanked sales.
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Retail Navigator Analysis
The Works (Overview)
The Works is a leading UK discount book retailer, but also sells a wide range of toys, gifts, stationery and art & craft supplies – all at discount prices.
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Retail Navigator AnalysisThe Works (People)
Former CFO Gavin Peck replaced Kevin Keaney as chief executive in January 2020.
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Retail Navigator AnalysisThe Works (SWOT)
Its discount-led offer has thrived in the value-for-money climate that has prevailed in recent years and The Works has become the go to destination for good value stationery and art materials as well as discounted books. As part of its new ‘better, not just bigger’ strategy, The Works is now taking a more strategic and customer-focused approach to range selection, stocking more front-list titles to improve its credibility as a bookseller.
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NewsThe Works narrows interim losses as online sales double
The Works boss Gavin Peck has hailed the retailer’s “robust” performance at the half-year mark as online sales surged and stores experienced strong demand when allowed to open under government guidelines.
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AnalysisDeep dive: A Covid Christmas – how consumers will spend, shop and celebrate
Much like the rest of 2020, this Christmas will be like none in recent memory. With the country now in recession and the coronavirus pandemic still restricting many aspects of people’s lives, Retail Week asks how, where and on what shoppers are likely to spend this Golden Quarter, along with insights and predictions from leading retailers and industry analysts.
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NewsThe Works swings to loss amid ‘significant’ coronavirus impact
The Works has swung to a pre-tax loss following the “significant impact” of the coronavirus crisis.
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NewsThe Works sales rise as shoppers ‘beat the boredom’ of lockdown
The Works has registered an increase in full-year revenues with a strong online performance during the coronavirus pandemic.
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NewsNext and Greggs close all stores to combat coronavirus
Next and Greggs will both close their stores temporarily as two of the high street’s biggest names react to the coronavirus pandemic.
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OpinionMove of the Week: The Works have natural successor for Keaney
It’s that time of year in the jobs market when retailers that encountered difficult trading at Christmas reflect on what went wrong and what they could do better.
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NewsThe Works profits fall as boss Keaney steps down
The Works posted a fall in half-year profits as it was revealed that chief executive Kevin Keaney is stepping down with immediate effect.
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AnalysisWho will be retail’s winners and losers of 2020?
Who will rise to the top in 2020 and who will struggle? Retail experts share their tips for the year ahead
