Retail news

• Supermarket chain plans IPO first for Belarus

  02-10-2018 22:21
  Eurotorg eyes $1bn value as it seeks to float roughly a third of the company
  
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• Is PwC’s idea to keep Big Four intact a turkey?

  02-10-2018 20:40
  Alternatives to a straight break-up could deliver better outcomes for all stakeholders
  
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• ScS beats Brexit blues with ‘pleasing’ trading

  02-10-2018 18:14
  UK sofa and flooring retailer delivers full-year results ahead of market expectations
  
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• Amazon raises minimum wage for US and UK employees

  02-10-2018 14:13
  Company says it has ‘listened to its critics’ as it increases US rate to $15 and UK to £9.50 Amazon has raised its minimum wage for British and American workers, in a major milestone for campaigners pushing for pay increases to tackle rising levels of poverty and inequality.The company, which has become almost a byword for low-paid and low-quality work in recent years, said it would increase its US minimum wage to $15 (£11.57) an hour for more than 350,000 workers. In the
  
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• Ikea says goodbye to plastic straws with display at London's Design Museum

  02-10-2018 14:10
  ‘Last Straw’ installation aims to raise awareness of plastic waste as the firm bans single-use straws from UK and Irish storesIkea today symbolically unveiled its last single-use plastic straw in a display at London’s Design Museum, after it stopped serving or selling the items in any of its UK and Ireland stores, restaurants and bistros this week.The so-called Last Straw installation will be on show to the public until Saturday and aims to inspire consumers to collectively tak
  
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• Amazon to lift US minimum wage to $15 an hour

  02-10-2018 12:34
  Decision comes as strong economy and labour market pose challenge in hiring workers
  
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• Amazon raises minimum wage for US and UK workers

  02-10-2018 12:34
  Jeff Bezos says company has ‘listened’ with move to $15 and £9.50 hourly rates
  
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• Amazon lifts minimum wage for US and UK workers

  02-10-2018 12:34
  Decision for $15 and £9.50 floor comes as strong economy and labour market pose hiring challenge
  
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• Stitch Fix to launch online clothing services in UK

  02-10-2018 10:47
  First foray overseas comes as San Francisco-based company’s growth in US slows
  
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• Sainsbury's overhauls beauty offering with department store style layouts

  02-10-2018 10:35 via theretailbulletin.com
  Sainsbury’s is launching department store style layouts for its beauty range as it looks to take on Boots and Superdrug.
  
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• Stitch Fix/ecommerce: boxed in

  02-10-2018 10:28
  The online clothing company needs to keep signing up new customers in large numbers
  
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• Waitrose launches 'surprise blooms' online flower delivery service

  02-10-2018 10:10 via theretailbulletin.com
  Waitrose & Partners has launched a new online flower delivery service where shoppers have the option to add a mystery bouquet of flowers to their online grocery order.
  
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• ScS hails 'strong' year

  02-10-2018 10:10 via theretailbulletin.com
  Furniture retailer ScS has said it has achieved another “strong” year after operating profit rose by 10.5% to £13.2 million.
  
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• Marks & Spencer announces board changes

  02-10-2018 09:48 via theretailbulletin.com
  Marks & Spencer has announced a range of changes to its board and committee membership.
  
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• Piper invests £11m in Bloom & Wild

  02-10-2018 09:38 via theretailbulletin.com
  Private equity firm Piper has invested £11 million in the Bloom & Wild online flower gifting brand.
  
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• Sports Direct culls House of Fraser senior management

  02-10-2018 09:37
  Mike Ashley’s group bought the ailing department store chain in August
  
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• A joined-up approach to data makes omnichannel retail a reality

  02-10-2018 09:24 via theretailbulletin.com
  To stand any chance of competing retailers must make the individual customer experience a priority.
  
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• Why did £300 disappear from my John Lewis gift card?

  02-10-2018 08:17
  I’m wondering if it’s safe to use such cards if the balance can just go missingWe do our weekly shop at Waitrose using a John Lewis/Waitrose gift card. I am a teacher and my union offers a 6% discount on topping it up. However, this week the balance mysteriously dropped by £300. Where had my money gone? After initially being advised to report it to the police as fraud, we were told it was a glitch with the gift card system. After much effort on our part, it has refunded the mon
  
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• Adidas tools up for retail with Tools for the Trade

  02-10-2018 07:00 via theretailbulletin.com
  Tools for the Trade are developing a suite of tools designed to keep Adidas properly informed about how their retailers are supporting and promoting their brand.
  
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