Retail Gazette
JANUARY 10, 2024
The department store retailer saw UK sales surge to £3.6bn in the 13 weeks to 30 December, driven by market-leading growth in food and a strong performance in womenswear. It added that its “ Remarksable Value ” offer also performed strongly, with sales surging 18% over the golden quarter. to £2.3bn, up 9.9%
Retail Gazette
MARCH 14, 2024
” The partnership’s finance director Bérangère Michel says the business is in “good financial health” in pursuing the rest of its turnaround strategy and has secured the funding it needs for the remainder of the plan, helped by a £260m injection of cash from the sale and leaseback of 11 Waitrose stores and a new term loan.
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Wiser
SEPTEMBER 18, 2023
The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers. Parents and students alike can browse and compare a vast array of products at their leisure from the comfort of their homes. Ratings and reviews are a key piece of the puzzle and show popularity and value.
Inside Retail
JUNE 27, 2023
We’ve tried to be smart with our forward buying, we’ve [put] a lid on costs, and are making sure that we’re promoting a value offer. The goal, he said, is to add half a dozen new stores with at least one in each state, with products at each store available to be personalised and monogrammed in person.
365 Retail
MAY 22, 2024
Adjusted operating profit was recorded at £504 million, reflecting the company’s successful cost management and efficiency initiatives. Statutory profit before tax stood at £489 million, a marked improvement from the previous year. Continued progress was made on value perception with £60m invested in price.
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