Retail Gazette Awards 2024 celebrated retail excellence, recognizing top performers in the industry.
- M&S was awarded Best Retailer over £500m, heralded for returning to its former glories with a 58% profit rise.
- Fortnum & Mason took the Best Retailer under £500m title, commended for its modern reinvention and customer loyalty.
- Lush earned accolades in two categories: New Store Game Changer and Sustainability Game Changer.
- The event, hosted in London, saw participation from industry giants like Tesco and Sainsbury’s.
The Retail Gazette Awards 2024 brought the retail industry together for a night of celebration and recognition, focusing on those who have made significant contributions. The event highlighted remarkable achievements across various categories, showcasing the innovative and transformative efforts of participants.
M&S emerged as a standout champion, securing the title of Best Retailer over £500m. Judges praised the company, emphasizing its significant financial turnaround, exemplified by a 58% surge in profits. They lauded M&S for ‘firing on all cylinders’ and revitalizing its brand presence across multiple business sectors, marking a promising future.
In the under £500m category, Fortnum & Mason shone brightly, garnering acclaim for its adept transformation into a 21st-century retailer. Known for its prestigious heritage, the brand has not only maintained but expanded its relevance through an elevated in-store experience and digital innovation. Judges noted its impressive financial performance and exceptional customer loyalty.
Lush was duly recognized for its pioneering initiatives, being honored with both New Store Game Changer and Sustainability Game Changer awards. This recognition was accorded for its groundbreaking store concepts and sustainable practices, reflecting the company’s commitment to environmental and social responsibility.
Amidst the festivities in a vibrant London venue, the event drew several major retailers, including Tesco, Sainsbury’s, Currys, Frasers Group, and Boots. The gathering provided a platform for celebrating achievements and fostering a spirit of camaraderie and innovation among industry leaders.
The Retail Gazette Awards 2024 underscored the dynamic and forward-thinking nature of the retail industry.