Retail news

• Patisserie Valerie boss quits and turnaround specialist steps in

  15-11-2018 16:12
  Paul May goes, but chairman Luke Johnson has weathered criticism and will stayThe chief executive of Patisserie Valerie has quit and been replaced by a turnaround specialist, weeks after shareholders backed a rescue deal for the company.Paul May, who runs the cake shop’s parent company, Patisserie Holdings, resigned on Thursday with immediate effect, and has been replaced by Stephen Francis. Continue reading...
  
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• Debenhams shares swing sharply on bleak retail outlook

  15-11-2018 15:32
  UK department store’s market cap falls to £60m before recovering
  
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• Walmart joins retail peers in boosting sales outlook

  15-11-2018 14:04
  Store chain’s earnings and US retail sales figures suggest rebound in consumer spending
  
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• Walmart joins retail peers by boosting sales outlook

  15-11-2018 14:04
  Comparable sales rise 3.4% in third quarter
  
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• Retail sales slide as shoppers tighten purse strings before Brexit

  15-11-2018 12:58
  Volumes fall 0.5% in October as gloom engulfs high street amid growing jitters over EU divorceRetail sales fell in October as official figures showed that shoppers kept a tight rein on spending amid growing Brexit uncertainty.Sales volumes dropped by 0.5% from September, in contrast to forecasts in a Reuters poll of economists for a rise of 0.2%. Continue reading...
  
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• Elton John's John Lewis Christmas ad: it could have been so different

  15-11-2018 12:26
  The retailer’s festive advert has the singer recalling heartwarming memories. What if it had focused on some of the artist’s less endearing moments?The 2018 John Lewis ad is heartwarming. Elton John sits alone at his piano, playing Your Song while moments of his life flash before his eyes. He sings in a stadium, he sings in the studio, he sings in a pub, he sings at a school concert. It’s a very sweet advert with a very simple message: somebody better call Elton John an ambulan
  
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• The CMO Performance Report 2018

  15-11-2018 12:03 via theretailbulletin.com
  Large brands plan to move to independent media agencies to improve transparency in 2018, new survey finds
  
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• Beyoncé cuts ties with Sir Philip Green and buys out Ivy Park share

  15-11-2018 12:02
  British tycoon is subject of harassment and bullying claims, which he deniesBeyoncé has cut her ties with Sir Philip Green, the Topshop tycoon who is battling claims of harassment and bullying.The singer’s company Parkwood has bought out the British tycoon’s 50% share in Ivy Park, the clothing label she launched with Green’s Arcadia Group in 2016. Continue reading...
  
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• Tencent-backed Pinduoduo accused of inflating sales

  15-11-2018 11:48
  Short-seller that brought down Samsonite chief goes after China ecommerce group
  
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• Channel Advisor report: 11 Secrets to Amazon Success:

  15-11-2018 11:44 via theretailbulletin.com
  How Online Retailers Can Get Ahead on the Amazon Marketplace
  
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• Channel Advisor report

  15-11-2018 11:44 via theretailbulletin.com
  11 Secrets to Amazon Success: How Online Retailers Can Get Ahead on the Amazon Marketplace
  
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• UK retail sales decline as consumers tighten belts

  15-11-2018 10:40
  Figures add to concerns that economy is losing momentum
  
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• Holland & Barrett names John Walden as new chairman

  15-11-2018 10:22 via theretailbulletin.com
  Holland & Barrett has appointed former Argos managing director John Walden as its new chairman and reported an uplift in full year sales.
  
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• Card Factory like-for-likes flat in financial year to date

  15-11-2018 09:44 via theretailbulletin.com
  Greeting cards retailer Card Factory has reported flat like-for-like sales in the nine months to 31 October.
  
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• Zsar Outlet Village to open on 29 November

  15-11-2018 09:43 via theretailbulletin.com
  Zsar Outlet Village, the first premium outlet centre in the Nordics, is to open in Virolahti in Finland at the end of this month.
  
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• Insight: Made.com builds its online brand through rich in-store experience

  15-11-2018 09:43 via theretailbulletin.com
  Creative brand Made.com is building showrooms around Europe purely to enhance its brand and to give customers a great experience as opposed to directly driving sales.
  
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• WH Smith enters South America with seven airport stores in Brazil

  15-11-2018 09:38 via theretailbulletin.com
  WH Smith has teamed up with Duty Free Americas to open seven of its travel stores in RIOgaleão - Tom Jobim International Airport in Brazil. These are the first stores for WH Smith in South America.
  
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• Four more House of Fraser stores set to close

  15-11-2018 09:38 via theretailbulletin.com
  An additional four House of Fraser stores are set to close after its new owner Sports Direct failed to agree reduced rent deals with the shops’ landlords.
  
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• Supermarkets still produce thousands of tonnes of plastic bags

  15-11-2018 08:01
  Greenpeace says retailers failing to take responsibility for reducing footprint Big supermarkets are producing billions of single-use plastic bags each year despite charges that are designed to reduce their use by the public.The UK’s 10 leading supermarkets, including Sainsbury’s, Tesco, Morrisons, Waitrose, Co-op and Aldi, continue to put plastic bags into their shops three years after the introduction of 5p charges under EU law. Related: Nearly 1m tonnes every year: supermarkets sh
  
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• Aptos Survey of UK Consumers Predicts a Very Merry Brick-and-Mortar Christmas

  15-11-2018 07:27 via theretailbulletin.com
  While digital’s influence on retail sales continues to climb, new study reinforces the importance of memorable in-store experiences during the ‘golden quarter’
  
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• Asda beats Waitrose and Harrods in Which? mince pie taste test

  15-11-2018 07:00
  Supermarket tops consumer group’s chart but general standards drop due to rising cost of ingredientsAsda has come out on top in the annual festive mince pie taste test carried out by Which?, but the consumer group said overall standards are down this year as retailers opted for cheaper ingredients to keep prices down.In a blind taste test of more than 100 premium pies from 11 UK supermarkets, Asda’s Extra Special mince pies were ranked first, with judges declaring a winning combinati
  
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• Elton John brings star quality to John Lewis Christmas advert

  15-11-2018 01:01
  Festive extravaganza charts performer’s path to stardom set to his Your Song anthem After a decade of heartwarming tearjerkers starring a menagerie of lovable furry animals, John Lewis has resorted to old-fashioned star power to sell Christmas this year with a star turn from Sir Elton John singing his Your Song anthem.The department store chain’s festive adverts have become entwined in the Christmas tradition thanks to its marketeers’ ability to spin gold with a back catalogue
  
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