Retail news

• German IPOs: rocket-fuelled

  27-09-2018 18:18
  The latest flurry of interest has been triggered by hopes of strong valuations
  
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• Sainsbury's and Asda may have to offload 460 stores to seal merger

  27-09-2018 17:50
  The supermarkets’ catchment areas overlap in 463 places, competition watchdog findsSainsbury’s and Asda could be forced to offload more than 460 stores to satisfy the competition watchdog before a planned merger. The Competition and Markets Authority (CMA) said it had found a “realistic prospect of a significant lessening of competition” in 463 places in the UK where local supermarkets’ catchment areas overlapped.The CMA announced last week that it had referred Sain
  
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• Amazon training videos coach Whole Foods staff on how to discourage unions

  27-09-2018 17:33
  The Guardian obtained internal videos sent to Whole Foods management, coaching them on how to watch for unionizingAmazon-owned Whole Foods Market has stepped up its efforts to crack down on union activity among employees – instructing managers to watch out for warning signs of union activity and to tell possible union members that joining a union is a “roll of the dice”.Following a mass email sent out on 6 September by Whole Foods employees seeking to coordinate with one anothe
  
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• Halfords focuses on electric bikes and cars to put spark into sales

  27-09-2018 16:42
  Firm to scale back camping products and is thought to have bid for Evans CyclesHalfords has unveiled a back-to-basics turnaround plan that focuses on motoring and cycling, as it looks to capitalise on rising sales of electric vehicles.The UK’s biggest bike retailer said it would scale back the sale of products such as power tools and camping equipment and turn Halfords into a bike and motoring specialist to make it more competitive in a “rapidly changing retail environment”, wi
  
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• Sainsbury's and Asda could be forced to offload 460 stores to seal merger

  27-09-2018 15:27
  The supermarkets’ catchment areas overlap in 463 places, competition watchdog findsSainsbury’s and Asda could be forced to offload more than 460 stores to satisfy the competition watchdog before a planned merger.The Competition and Markets Authority (CMA) said it had found a “realistic prospect of a significant lessening of competition” in 463 places in the UK where local supermarkets’ catchment areas overlapped. Related: Sainsbury’s takeover of Asda could do
  
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• Halfords turnaround plan hinges on electric bikes, scooters and car parts

  27-09-2018 14:08
  CEO wants to turn chain into a bike and motoring specialist with focus on electric vehiclesHalfords is to focus on selling electric bikes, scooters and car parts, and its servicing of vehicles, as part of its new chief executive’s turnaround plan.The strategy, unveiled by Graham Stapleton on Thursday, includes ploughing more money into the business – £60m a year rather than £40m. It will be spent on opening additional garages and premium shops, sprucing up existing stores
  
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• How has Brexit vote affected UK economy? September verdict

  27-09-2018 13:50
  Each month we look at key indicators to see what effect the Brexit process has on growth, prosperity and trade
  •Growing disconnect between economic and political reality
  •Experts debate the data Continue reading...
  
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• Brexit economy remains resilient despite political chaos

  27-09-2018 13:50
  Latest analysis show widening disconnect between good economic news and deep fears of a no-deal Brexit
  •Experts debate the data
  •The September verdictThe British economy is putting in a resilient performance, led by strong consumer and business activity, despite a month of political upheaval that pushed the UK closer to a no-deal Brexit, according to a Guardian analysis.The latest snapshot suggests a disconnect between the economy and the political process, as Theresa May dealt with ca
  
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• Sainsburys takeover of Asda is ‘substantial’ risk to competition

  27-09-2018 13:09
  UK regulator finds 463 sites where two supermarket chains overlap
  
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• Sainsbury’s-Asda deal poses competition risk

  27-09-2018 13:09
  UK regulator identifies 463 sites where the two supermarket chains overlap
  
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• Swoon to roll out more Debenhams concessions

  27-09-2018 09:56 via theretailbulletin.com
  Online furniture retailer Swoon is to roll out concessions in an additional ten Debenhams stores following the launch of its partnership with the department store chain earlier this year.
  
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• Chapel Down to open new venture at London's King's Cross

  27-09-2018 09:56 via theretailbulletin.com
  Kent based wine maker Chapel Down Group has agreed to lease a 5,000 square foot site in London’s King’s Cross to enable it to open an experiential bar, restaurant and ginnery.
  
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• Andrew Higginson to become new president of IGD

  27-09-2018 09:44 via theretailbulletin.com
  Morrisons chairman Andrew Higginson has been appointed as the new president of IGD, the grocery sector research and training charity.
  
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• Halfords looks to buy Evans Cycles

  27-09-2018 09:30 via theretailbulletin.com
  Car parts and cycling retailer Halfords has tabled an offer for the struggling Evans Cycles, according to reports.
  
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• Los Angeles fur ban proposal gets under skin of local sellers

  27-09-2018 07:00
  Activists have praised the city’s plan, but local furriers say it will hurt small businesses and do little to help animalsLos Angeles’s move to restrict the sale and manufacturing of new fur products last week has cheered animal rights activists but has left local furriers feeling bullied.The issue is highly emotional for those on both sides, with graphic videos from China showing animal cruelty on the one hand, and concerns over the viability of family businesses on the other. Relat
  
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• Watches & Jewellery: Asia

  27-09-2018 01:02
  Watchmakers jostle for attention on China’s ‘super apps’, behind the scenes at Casio’s G-Shock torture chamber, Sarah Jane Ho on feng shui in jewellery, India’s diamond industry faces a funding squeeze
  
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• Watch brands turn to WeChat to woo Chinese buyers

  27-09-2018 01:02
  China will account for an estimated two-fifths of luxury sales by 2024
  
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• How JD.com won the trust of watchmakers

  27-09-2018 01:02
  Chinese retail platform offers the reach and support that international brands seek
  
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