Retail news

• Supermarkets win ruling against HMRC over bank machines

  09-11-2018 18:50
  £500m windfall as court rules ATMs should not be liable for additional business ratesThree of Britain’s biggest supermarket groups have won a legal victory worth up to £500m, following a court battle over business rates on cash machines installed at their shops.The court of appeal ruled on Friday that cash machines located both inside and outside stores should not be liable for additional business rates, which are a form of property tax on businesses collected by the government
  
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• UK four-day week: labouring under a delusion

  09-11-2018 18:13
  McDonnell would need to identify genuine remedies for low productivity
  
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• Iceland’s Christmas ad was brave and necessary. It shouldn’t be banned | Jessica Brown

  09-11-2018 17:13
  The advert shone a light on the devastation caused by palm oil producers, a story TV viewers have a right to know about
  • Iceland’s Christmas TV advert banned for being too politicalMajor retailers enter a battle every Christmas to make us cry with their saccharine seasonal ads – but this year we already have a clear winner.Concern about our planet has never been greater, thanks to last month’s UN report warning that we have 12 years to stop irreversible damage to the Eart
  
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• Salsify: Waitrose brings back 'forgotten' Victorian vegetable

  09-11-2018 16:08
  Stocking of root vegetable popular with C19th cooks part of demand for traditional produceA vegetable that was a staple on Victorian dinner tables is making a comeback, as Waitrose introduces salsify in 100 stores in the hope of inspiring UK consumers with a taste of the past.Common in the 19th century but largely forgotten in British kitchen cupboards today, the root vegetable is being supplied by Albert Bartlett, the Scotland-based potato firm. Continue reading...
  
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• Retailers win case over ATM business rates

  09-11-2018 15:24
  Court of Appeal ruling could save thousands of free-to-use cash machines
  
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• Richemont slips on fears of Asia slowdown

  09-11-2018 14:16
  Investors unnerved after luxury group says growth stalled in September
  
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• Iceland's Christmas TV advert banned for being too political

  09-11-2018 10:59
  Supermarket’s Greenpeace film on palm oil’s impact on orangutan deemed rule breachIceland’s Christmas campaign has been banned from TV because it has been deemed to breach political advertising rules.As part of its festive campaign the discount supermarket struck a deal with Greenpeace to rebadge an animated short film featuring an orangutan and the destruction of its rainforest habitat at the hands of palm oil growers. Related: Retailers roll back traditional Christmas TV ad c
  
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• Virgin Holidays chooses Milton Keynes for biggest store to date

  09-11-2018 09:51 via theretailbulletin.com
  Virgin Holidays has opened its biggest store to date at Centre:mk in Milton Keynes.
  
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• Insight: gap between store closures and openings widens to record level

  09-11-2018 09:51 via theretailbulletin.com
  New data has shown that a net 1,123 stores disappeared from the UK’s top 500 high streets in the first half of this year.
  
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• Halfords' half year performance in line with expectations

  09-11-2018 09:51 via theretailbulletin.com
  Car parts and cycling retailer Halfords has posted a decline in its half-year profits despite total sales increasing by 1.9% to £599.9 million.
  
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• AO to acquire Mobile Phones Direct

  09-11-2018 09:51 via theretailbulletin.com
  Online electricals retailer AO World has agreed to purchase Mobile Phones Direct for £32.5 million.
  
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• John Lewis chairman to step down

  09-11-2018 09:50 via theretailbulletin.com
  The John Lewis Partnership is seeking a new chairman following news that Sir Charlie Mayfield will step down as the Partnership’s fifth chairman during 2020.
  
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• Iceland's Christmas TV ad banned for being too political

  09-11-2018 07:01
  Supermarket’s Greenpeace film on palm oil’s impact on orangutan deemed rule breachIceland’s Christmas campaign has been banned from TV because it has been deemed to breach political advertising rules.As part of its festive campaign the discount supermarket struck a deal with Greenpeace to rebadge an animated short film featuring an orangutan and the destruction of its rainforest habitat at the hands of palm oil growers. Related: Retailers roll back traditional Christmas TV ad c
  
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• US regulator set to clamp down on flavoured ecigarettes

  09-11-2018 06:30
  FDA to target tastes such as bubblegum to discourage ‘epidemic’ teen use
  
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• FDA set to clamp down on flavoured ecigarettes

  09-11-2018 06:30
  US regulator to target tastes such as bubblegum to counter ‘epidemic’ teen use
  
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• 'More charity shops than anything else': Tamworth typifies UK's high street woes

  09-11-2018 01:01
  Business rates, commercial rents and the internet are all part of the mix – can local councils do anything to revive their towns?It was once the heart of Mercia, the Anglo-Saxon kingdom that ruled large swathes of the Midlands, growing over the centuries into a bustling market town.Until 2001, it was home to Reliant Motors – the company behind the much-loved three-wheeler Reliant Robin car – while its credentials as a place to visit were boosted in 1994 by the opening of the Sn
  
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• Embattled high street retailers call for help as closures soar

  09-11-2018 01:01
  Pubs, fashion outlets and estate agents prominent among 24,205 closures recorded in the first six months of this yearRetailers have called for “decisive action” from the government to support the UK’s battered high streets after new data showed the number of shops, pubs and restaurants lying empty has soared by more than 4,400 in the first six months of this year. Related: 'More charity shops than anything else': Tamworth typifies UK's high street woesRelated: Councils urged to
  
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• Councils urged to take control of regenerating their town centres

  09-11-2018 01:01
  Independent review says struggling retailers cannot be relied on to prop up civic spaceThree years ago Ashford’s dated 1980s-built shopping precinct Park Mall was in a death spiral as poor sales saw retailers queue up to quit the Kent town.To stop the rot Ashford borough council stepped in and bought the struggling precinct for a six-figure sum from its owner, a subsidiary of a Swiss bank that had failed to invest in it. Today the 32-shop arcade is virtually full – and just about bre
  
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