All The Works articles
-
Report Store
Retail 2026
45 retail leaders speak exclusively with Retail Week for its annual flagship report.
-
News
The Works appoints former Dunelm boss as non-exec director
The Works has appointed a former chief executive at Dunelm as its new independent non-executive director.
-
News
The Works profits jump as cost saving measures kick in
The Works has reported a jump in profits, despite total sales slipping, as it managed to offset financial headwinds through cost saving and improved margins.
-
Analysis
79% of shop workers face verbal abuse – here’s what to do about it
Retail crime is taking a daily toll on store teams, with 79% of retail workers experiencing verbal abuse from customers and 39% facing physical threats or violence.
-
Interview
The Works boss Gavin Peck on new strategies, cyber security and rising crime
On the day that The Works upped its profit guidance off the back of strong trading results, chief executive Gavin Peck spoke to Retail Week about turning the business around, cyber security, and dealing with rising incidents of crime.
-
News
The Works has reported narrowing losses as it unveils a new strategy
The Works has reported flat sales and narrowing losses as it unveils a new strategy aimed at growing profitability and strengthening performance.
-
Interview
Q&A: The Works’ Gavin Peck is positive about Christmas and profitability
Following The Works posting flat sales in what it described as a “challenging year”, Retail Week speaks to chief executive Gavin Peck on his optimism for the year ahead, including how the group will boost sales for Christmas and improve its ranges
-
Retail Navigator Analysis
The Works (Financials)
In a challenging trading environment impacted by the cost-of-living crisis and and softened consumer demand, The Works sales edged up 0.9% year on year to £282.6m in the 2023 financial year to 5 May 2024 (FY2023). Store sales drove growth in FY2023, with total store like for likes up 0.6% and online sales down 12.4% resulting in an overall like-for-like sales decline of 0.9%.
-
News
The Works is ‘well positioned’ for Christmas despite flat sales and falling profits
The Works has said it is “well positioned” for the peak Christmas trading period despite reporting flat sales and declining profits in a “challenging” year.
-
Analysis
Retail’s election wish list: what the bosses of Ikea, AO and more want from a new government
“We need a better approach when it comes to the coordination of policy, regulation, taxation, and alignment across the UK’s nations.”
-
News
The Works anticipates return to growth as it reports flat sales and revenue
The Works has said it expects to see a “return to profit growth” in the next financial year as it records flat revenue and sales.
-
Retail Navigator Analysis
The Works (Strategy)
Having scrapped its Together Rewards loyalty scheme in order to keep costs down for consumers, The Works continues its efforts to change legacy perception of it as a “pile it high, sell it cheap” discounter under its “better, not just bigger” refocused strategy.
-
Data
Revealed: The most-popular value retailers online
With the value sector remaining popular with UK shoppers, Retail Week teamed up with SimilarWeb to track which discount retailers have been seeing the most traffic to their websites over the past two years
-
News
The Works shareholders vote to move to AIM
The Works shareholders have voted to move the specialist retailer’s shares from the main market of London’s Stock Exchange to its sub-market AIM.
-
News
The Works to delist from main market in switch to AIM
The Works intends to move its shares off the London Stock Exchange’s main market and list on AIM, six years since its IPO.
-
News
Losses deepen at The Works as Christmas fails to deliver
The Works has reported deepening losses as cash-strapped customers prioritised food and essentials over gifts at Christmas.
-
Analysis
What will 2024 bring? Retail bosses predict the year ahead
As 2024 begins, what do retailers think will top the agenda for the year ahead? We asked leaders of some of the UK’s biggest retail businesses to get out their crystal balls and make some predictions
-
Analysis
Reviewed: Retail’s best Christmas ads according to the experts
Who has nailed it and who has failed it? We assembled a panel of advertising experts to give their verdict on some of retail’s biggest Christmas ads this year
-
Interview
The Works boss Gavin Peck on revamping stores to win new customers
Variety retailer The Works is on a transformational journey under chief executive Gavin Peck, revamping its store estate from jumbled, “Aladdin’s caves” into spaces focused on offering something for every member of the family.
-
News
The Works drops profit guidance by £4m
The Works has dropped its profit guidance by £4m as it anticipates taking a hit on prices to remain competitive in the eyes of bargain-hunting shoppers.