#retail-challenges

#retail-challenges

Frasers Group anticipates adjusted pre-tax profits between £550 million and £600 million for the new financial year, reflecting little to no profit growth due to economic uncertainty and potential tax rises.

On Victoria's Secret's latest earnings call, CEO Hillary Super highlighted the brand's So Obsessed underwire-free bra, noting its 30% growth and strong appeal among millennials.

While many retailers see in-store returns as an opportunity for sales, only 17% of consumers actually make additional purchases during these returns.

"No convincing plan has ever been presented; London is already a very slow city and will get worse." Tim Lord raises concerns about pedestrianisation's impact on traffic flow.

The ongoing outages at Marks & Spencer are attributed to a ransomware attack by the group Scattered Spider, disrupting its operations significantly.

If we have nobody that travels in the U.S., we have no customers. Sales at duty-free stores have fallen between 40 and 50 per cent across the country since late January.

"Investing in technology to help reduce operational expenditure and mitigate increases in their cost base has never been more important. Optimising their store estate and focusing on having the right product lines in place will be vital."

"The closure of West Elm creates one of the largest vacancies in downtown Palo Alto, raising concerns about the revitalization of the area amidst ongoing challenges."

Jenna Ortega expressed her concern over a TikTok trend where fans flip the hair of a plush doll of her character Wednesday Addams, stating, "Please don't."