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Sainsbury’s eyes Nisa deal to carry on at its convenience
via ft.comIn its food business, convenience stores are one of only two sources of growth -
In pictures: Mango x Victoria Beckham
Mango has unveiled its spring/summer 2024 capsule collection designed in collaboration Victoria Beckham as it marks its 40th anniversary.
The capsule collection features ready-to-wear, including tailoring, lingerie dresses, and knitwear, alongside bags, jewellery, and footwear, with prices ranging from £50 to £300.
The Spanish fashion retailer said the new line, which is now available worldwide, reflects “the essence of the designer’s eponymous label, considered the -
Mango continues US expansion with new east coast stores
Mango is continuing to expand in the US with new east coast openings in Washington and Boston. The news follows the launch of the fashion retailer’s... View Article -
John Lewis executive finance director, Bérangère Michel, to leave the business
The John Lewis Partnership has announced that its executive finance director, Bérangère Michel, is to leave the business later this year. In a statement, the partnership... View Article -
Matchesfashion strikes a sour note as my £902 goes missing
via theguardian.comI returned two coats and the parcel was lost and then it went into administrationAt the end of January I bought two coats from Matchesfashion for £902. I returned them, but the parcel has been lost and now Matches has gone into administration and I don’t have the coats or the money.I used the DHL labels provided to send them back on 27 February, and followed up a week later as I had not received a refund. I was told my package was still in transit, so I returned to the drop-off point -
When M&A goes wrong
via ft.comExamining how the sale of a California supermarket to a private equity firm turned rotten -
Is Aldi and Lidl’s UK expansion slowing down?
The seemingly unstoppable march of Aldi and Lidl continued last year, and was driven by one major thing: new stores.
Last year, Aldi committed to a long-term target to open 500 new stores across the UK, taking its total number of sites to 1,500, with 35 new stores set to open this year alone.
Despite its grand expansion plans, last year Aldi UK boss Giles Hurley told The Telegraph he had been made to delay the grocer’s opening schedule as it faced a large number of planning objections from -
Getir shareholders to pay for Europe withdrawal under cash injection
Getir shareholders are set to pump more money into the grocery business to cover its withdrawal from the UK and Europe.
Investors at the Turkish company have drawn up provisional plans to inject tens of millions of pounds extra into Getir during the coming weeks, according to Sky News.
Sources close to the situation claimed leading investors including Mubadala, Sequoia Capital and Tiger Global were believed to have agreed to the new funding plan during recent days.
The move will add to the more -
Primark hires ex-Sephora, Walmart and Tesco execs for advisory board
Primark has hired a trio of new executives to its strategic advisory board.
The fast fashion retailer has appointed ex-Sephora CEO Martin Brok, Additionally, former Tesco and Gap executive Christophe Roussel and ex-Walmart president of digital and chief marketing officer Sona Chawla.
The execs will join a team led by Primark CEO Paul Marchant and chaired by its outgoing finance director John Bason, according to Retail Week.
Primark company Associated British Foods (ABF) initially announced Bason -
Gucci-owner Kering expects first-half profit to shrink by up to 45%
via ft.comFrench luxury group says its performance ‘worsened considerably’ in the first quarter amid Gucci reset -
Victoria Beckham’s collaboration with Mango shows how far designer has come
via theguardian.comThe former Spice Girl’s collection with the high street chain is likely to be a fruitful new ventureAs a twentysomething Spice Girl, Victoria Beckham proclaimed that she wanted to be “as famous as Persil automatic”. Now, as she enters her sixth decade, the pop star turned designer has eclipsed her goal.On Tuesday, her debut designer collection for the high street chain Mango landed globally online and in select stores. By 8am in London a queue had formed outside the brand&rsquo -
In pictures: JD Sports unveils its biggest-ever store in Westfield Stratford City
JD Sports has unveiled its biggest store to date as it reopens its flagship in London’s Westfield Stratford City.
The sports retailer has given its unit in the shopping centre a “digital uplift” and extended its retail floor by 4,000sq ft, taking its total space to 27,915 sq ft.
JD Sports says the store, which now sits across two floors, promises to deliver “a seamless and immersive shopping experience”.
Consumers can get their hands on the latest collections from t -
B&Q launches energy saving hubs with the GMCA to boost energy efficiency
B&Q, the home improvement retailer, has launched two in-store Energy Saving Hubs in collaboration with the Greater Manchester Combined Authority (GMCA). The hubs, located at B&Q’s... View Article -
Clarks celebrates iconic style with inaugural Wallabee Day on April 26th
Clarks are excited to announce the first-ever Wallabee Day to take place every year on 26th April, encouraging its global community of wearers to share their... View Article -
John Lewis Partnership finance boss Bérangère Michel resigns
John Lewis executive finance director Bérangère Michel has resigned from the Partnership after 16 years.
Michel will step down from her post in the autumn after deciding “to pursue her future career options outside of the partnership”.
Her departure is the first major change to John Lewis Partnership’s executive team since former Tesco boss Jason Tarry was named as chair Dame Sharon White’s successor.
Michel joined the business in 2008 as its head of financi -
Data: Ocado named fastest growing supermarket for second month in a row
Ocado has maintained its title as the fastest growing supermarket for the second month as total online share reached 12% for the first time since July 2022.
According to the latest data from Kantar, sales for the online grocer surged 12.5% in the 12 weeks to 14 April, ahead of the online market which grew by 6.8%.
Ocado accounted for 1.9% of take-home grocery sales – an increase on the 1.7% share it held a year ago.
Across the rest of the sector, Tesco and Sainsbury’s both gained 0.4 -
The Cotswold Company launches home delivery in Northern Ireland
The Cotswold Company has expanded its premium delivery service to Northern Ireland as it looks to grow its presence across the UK.
The luxury furniture retailer said the online expansion will allow it to pursue new growth opportunities as it aims to become one of the nation’s leading lifestyle homeware brands.
It has “carefully selected” a local delivery company to service its Northern Ireland customers and ensure that large items are taken to the right room with all packaging -
B&Q launches energy saving hubs in Manchester stores
B&Q has opened two in-store Energy Saving Hubs in Manchester to provide support for customers looking to make their homes more energy efficient.
The DIY retailer has partnered with the Greater Manchester Combined Authority (GMCA) to launch the hubs inside its Trafford Park and Cheetham Hill stores.
Shoppers will be able to walk-in or pre-book appointments to use the free service where a specially trained B&Q employee will be able to take a home energy assessment to provide advice and tip -
Carpetright unable to trade after cyber attack
Carpetright has been unable to trade online or in-store for almost a week following a cyber attack.
Hackers targeted the flooring specialist’s head office in Purfleet, in Essex, last week by sending malware to gain unauthorised access.
Staff told The Times that customers had been unable to place orders on its website or at any of its 400 shops since last Thursday when systems were taken down.Subscribe to Retail Gazette for free
Sign up here to get the latest news straight into y -
The Cotswold Company expands into Northern Ireland
The Cotswold Company has expanded its premium delivery service to customers in Northern Ireland as part of its strategy to strengthen its position in the UK.... View Article -
Primark owner’s profits soar as investments provide boost
via ft.comAssociated British Foods says ‘normality’ in supply chains helps lift half-year earnings by 37% -
Dobbies appoints Robert Cook as board advisor for its restaurant business
Garden centre retailer Dobbies has appointed Robert Cook as a board advisor to support the development of its restaurant business. A former chief executive of TGI... View Article -
Former Revolution Beauty investor pursues £45m claim as it accuses brand of ‘deceit’
Revolution Beauty is set for a legal battle as a former investment has filed a claim of over £45m as it accuses the business of “deceit”.
Chrysalis Investments bought a £45m stake in the company in July 2021, but sold its shares for £5.7m in 2022 after Revolution’s value collapsed.
It has since accused the beauty group of “deceit, negligent misstatement and/or misrepresentation” at the time of the share purchase.
The investor said on Monday it &ldq -
Asda seeks £2.6m refinancing to relieve debt as it dismisses sale talks
Asda chief financial officer Michael Gleeson has dismissed reports that its owners are looking to sell the supermarket.
Gleeson told The Times that the grocer’s billionaire owners the Issa brothers and private equity firm TDR Capital had a track record “of growth and investing for the long run”.
He said: “They don’t tend to be in and out of companies — they hold their positions in companies for significant periods of time. So ‘no’ is the answer to -
Grocery price rises in Great Britain slow as cost of toilet rolls, butter and milk falls
via theguardian.comShoppers spend more on promotions as Easter lifts sales of chocolate eggs and hot-cross bunsBusiness live – latest updatesGrocery price inflation in Great Britain has slowed to 3.2%, the lowest since November 2021, as the cost of toilet rolls, butter and milk fell and people spent more on store promotions.The decline in the four weeks to 14 April marked the 14th monthly drop in a row, and compares with an annual rate of 4.5% this time last month, according to the retail analysts Kantar. Th -
JD Sports to deepen US reach with $1bn bid for Hibbett
via ft.comAggressive acquisitions have pushed sportswear chain into more than 30 countries -
Primark posts strong growth in half year sales and profit
Primark has delivered 7.5% growth in half year sales to £4.5 billion as newly opened stores and last year’s selected price increases offset the impact of... View Article -
Examining the role of store events, Mobile POS in experiential retail
By Dave Bruno, Director of Retail Market Insights, Aptos Those ‘retail apocalypse’ and ‘the store is dead’ rumours have finally been put to rest. Whilst the... View Article -
Comment: Democratising personalisation
When entering the Salon de Parfums on the sixth floor of Harrods’ Knightsbridge flagship it not only looks pretty good with its polished marble flooring but... View Article -
JD Sports to acquire US rival Hibbett in £899m deal
JD Sports has agreed to acquire US sportswear brand Hibbett for £899m in a bid to speed up its US expansion.
The sporting retailer said the move will accelerate its growth plans in North America, strengthen its Complementary Concepts division and brand partner relationships, and increase the size of its platform to support the continued rollout of JD Sports in the US.
The business said it expects to fund the deal and refinance Hibbett’s existing debt through its US cash resource
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