Next
This coverage explores Next’s business strategy, operations, and performance within the UK retail sector. Reporting covers store and online developments, product ranges, financial results, marketing initiatives, supply chain management, and leadership decisions. With a focus on commercial outcomes and competitive positioning, it provides insights for retail professionals overseeing apparel, home, and multi-channel retail operations.
-
Jul- 2024 -9 JulyNews
Ocado to open third CFC with Aeon
Ocado has announced the continued expansion of its partnership with Aeon with plans to construct a third Customer Fulfilment Centre (CFC) in Kuki-Miyashiro, Japan. The grocer entered an exclusive partnership with Aeon in 2019 to develop the online operations of the Aeon Next grocery business using the Ocado Smart Platform…
Read More » -
2 JulySupermarkets
Sainsbury’s Q1 sales jump 2.6% as it hails market share gains
Sainsbury’s has revealed that its retail sales rose 2.6% and also hailed its market share gains during the 16 weeks ended 22 June 2024. Sales at Sainsbury’s alone rose 4.2%, with grocery sales up 4.8% but its general merchandise and clothing sales dropped 4.3%. The retailer stated that the sales drop…
Read More » -
1 JulyFeatures
How to unlock the power of sponsorships
Sponsorships are a way for brands to enhance brand visibility, foster customer loyalty, and drive sales. However, a lot goes into making the right decision on sponsorships. You must decide whether it’s right for you, what types of events or teams best align with your brand identity and what you…
Read More » -
1 JulyHigh Street
Former Mothercare boss among The Body Shop bidders
Several private equity giants are reportedly eyeing a rescue bid for The Body Shop’s high street business, The Telegraph has reported. Gordon Brothers, whose UK business is led by former Mothercare boss Mark Newton-Jones, is said to be among several firms that have submitted bids for what remains of the chain. …
Read More » -
May- 2024 -28 MayNews
Today’s news in brief-28/5/24
Shop price inflation has returned to normal levels, with the British Retail Consortium (BRC) reporting a decrease in annual shop price inflation from 0.8% in April to 0.6% in May. This marks the lowest rate since November 2021 and is below the three-month average rate of 0.9%. Non-food items remained…
Read More » -
28 MayHigh Street
M&S and Next eye The Body Shop rescue deal
Both M&S and Next are reportedly considering launching rescue bids for the embattled retailer The Body Shop, as administrators get ready to launch an auction process. According to The Times, administrators FRP Advisory are reportedly “encouraged” after the high street firms expressed early interest in The Body Shop. The outlet…
Read More » -
13 MayFeatures
The hidden power of retail partnerships
In the retail landscape, collaboration has emerged as a strategic cornerstone for success. From co-branded product launches to joint marketing campaigns and shared retail spaces, partnerships are not just a trend but a transformative force driving innovation and growth. In the UK, retailers are harnessing the power of collaboration to…
Read More » -
9 MayNews
Today’s news in brief-9/5/24
Frasers Group is reportedly finalising a deal to become the new partner of struggling retailer Ted Baker following the collapse of its previous UK licensing partner, No Ordinary Designer Label (NODL). Sources indicate an agreement with NODL’s administrators could be reached in the coming days. This move would add Ted…
Read More » -
9 MayNews
Frasers Group closes in on Ted Baker deal
Frasers Group is reportedly closing in on a deal to become the new partner of struggling retailer Ted Baker, Sky News has revealed. Reports said the group is set to be named as the preferred partner for Ted Baker following the collapse of its existing UK licensing partner No Ordinary…
Read More » -
1 MayDepartment Stores
Next maintains FY guidance amid strong Q1 sales
Next has maintained its full-year guidance after the group welcomed strong trading in the first quarter of the year. In the 13 weeks to 27 April, total sales rose by 5.7% against the prior year, slightly ahead of its guidance for this period, where sales were forecast to rise by 5%.…
Read More »
