All Value articles – Page 13
-
NewsB&M delivers mixed results as profits decline and revenues rise
B&M has reported a dip in profit as well as growth in revenue and its chief executive says it has battled with “major economic headwinds” and “material cost pressures”.
-
NewsExclusive: Matalan names chief trading officer in newly created role
Matalan has appointed Ben Smith to the newly created role of chief trading officer with immediate effect as the retailer embarks on a transformation programme, Retail Week can reveal.
-
NewsSainsbury’s unveils Stamford Street value range rebrand
Sainsbury’s announced today that it has rebranded its value range to the new name Stamford Street.
-
NewsCard Factory launches first UK-wide click-and-collect service
Card Factory has rolled out its first-ever country-wide click-and-collect service, available via its website and app to more than 1,000 stores.
-
AnalysisTemu: The value-led ecommerce app with Shein and Amazon in its sights
Chinese-owned marketplace Temu has taken the ecommerce world by storm since launching last year but what do we know about the platform? As Temu finds its feet in the UK, Retail Week explores how it has been achieving rapid global growth
-
NewsWilko considers CVA among turnaround options
Variety retailer Wilko is pondering the possibility of a CVA among a range of options as new chief executive Mark Jackson seeks to turn around the business.
-
DataExclusive: The Works named fastest-growing value retailer in UK
The Works has beaten the likes of Aldi and Primark to be named the fastest-growing value retailer in the UK, Retail Week can reveal.
-
DataRanking: The fastest-growing value retailers revealed
In the cost-of-living crisis, affordable retailers have never been more relevant to price-conscious consumers, but which have been making the most of the mood of the nation? And which are set to turn market share into future growth? To find out, the Retail Week analyst team has tracked group sales across 15 of the biggest value retailers and analysed their compound annual growth rate (CAGR) to predict how much bigger they’ll be in five years’ time
-
NewsPoundland seeking London locations for new store format
Poundland has confirmed that it is looking for more locations in London to expand its new store format.
-
AnalysisStrategy spotlight: Five ways TK Maxx’s off-price business model taps into consumer trends
The off-price retailer with an enviably agile business model, TK Maxx owner TJX Companies has just reported a 3% hike in net sales for Q1 and raised its full-year profit forecast. Our Retail Week analysts break down five ways the retailer is keeping up with demand and making the most of shoppers’ bargain-hunting missions
-
NewsThe Works sales increase despite ‘challenging backdrop’
The Works has reported a lift in annual sales despite trading against “a challenging backdrop”.
-
NewsTK Maxx owner TJX raises profit outlook after sales rise
TJX, the US-based value retailer and parent company of TK Maxx, has raised its profit outlook as it reports a lift in sales.
-
NewsPepco to open first store in Portugal as it ramps up European expansion
Pepco Group is opening its first store in Portugal as it expands its presence across Western Europe.
-
Retail VoiceWinning share of wallet with Gen Z and millennial shoppers
With retailers keen to understand what makes younger consumers tick, and more importantly spend, American Express unveils research into this generation of shoppers, says Dan Edelman at American Express
-
NewsPoundland owner’s sales climb as it navigates ‘challenging environment’
Poundland parent Pepco has reported a rise in second-quarter sales as it successfully steers its way through a “challenging environment”.
-
NewsExclusive: B&M pulls the plug on ecommerce home deliveries
B&M has abandoned online home delivery after a trial period had previously been available to customers on its website.
-
NewsFreemans launches new value initiative as cost of living climbs
Online retailer Freemans has unveiled its new Everyday Value initiative in an attempt to “help families on a budget” amid the cost-of-living crisis.
-
DataShopfloor pay ranking: How much do UK retailers pay?
Our ranking of shopfloor pay at the UK’s biggest retailers shows a rapid pace of change, but with shrinking volumes and rampant inflation to consider, how high can it realistically rise?
-
AnalysisStrategy spotlight: How Flying Tiger Copenhagen is succeeding despite cost-of-living crisis
Despite operating in an extremely discretionary market during an unprecedented cost-of-living crisis, specialist retailer Flying Tiger Copenhagen continues to succeed. What makes it stand out from the field, and what’s next for the Danish brand?
-
NewsThe Original Factory Shop owner on the hunt for new buyers
The owner of The Original Factory Shop has kicked off a sale process after more than 15 years as the discount retailer’s owner.