Retail news

• Ashley taps ‘generational opportunity’ for retail deals

  01-02-2019 19:53 via ft.com
  Sports Direct founder on relentless hunt for targets that can flourish in tough climate
  
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• 'Flawed genius' Mike Ashley adds Sofa.com to his empire

  01-02-2019 18:22
  Sports Direct founder buys furniture retailer to join ‘one big shop window’ stableThe Sports Direct founder, Mike Ashley, has added the online retailer Sofa.com to his rapidly expanding high street empire, which now encompasses sportswear, department stores and furniture.Ashley saw off competition from the stock market-listed furniture specialist ScS Group to win control of the sofa brand which is already sold through eight House of Fraser stores.Sports Direct UK
  The main unit in the
  
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• Mike Ashley adds Sofa.com to his high street empire

  01-02-2019 15:13
  Sports Direct founder wins control of furniture retailerThe Sports Direct founder, Mike Ashley, has added the online retailer Sofa.com to his rapidly expanding high street empire, which now encompasses sportswear, department stores and furniture.Ashley saw off competition from the stock market-listed furniture specialist ScS Group to win control of Sofa.com. He is trying to turn around the loss-making House of Fraser chain; the Sofa.com brand is already sold in eight stores. Continue reading...
  
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• 'Everything’s leaving': Sheffield's high streets gutted by vacancies

  01-02-2019 14:53
  The city centre has lost 18% of its shops in five years. What’s really to blame?Exclusive: Guardian Cities analysis reveals extent of high street crisis “Look at it, everything’s leaving,” says Linda Shaw, nodding at a “to let” sign outside the branch of Next on Sheffield’s Fargate. It’s hard to argue with her. Once at the heart of the steel city, the shopping road is now pocked with vacant shops. Soon H&M will follow Next in relocating off the
  
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• India’s ecommerce law forces Amazon and Flipkart to pull products

  01-02-2019 14:04 via ft.com
  Several lines are now unavailable to comply with new regulations
  
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• Off-licence chain Oddbins calls in administrators

  01-02-2019 13:53
  Jobs at risk as store chain collapses for second time in less than a decadeThe owner of Oddbins has appointed administrators to its retail businesses, putting about 550 jobs at risk.European Food Brokers has appointed Duff & Phelps as administrator to its retail operation, made up of 45 Oddbins stores, 56 Wine Cellar Trading and Whittalls Wine Merchants and two convenience stores. Continue reading...
  
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• Asda loses latest round of equal pay case

  01-02-2019 09:53 via theretailbulletin.com
  Following a long-running equal pay dispute, the Court of Appeal has upheld a ruling that Asda store staff can compare their roles with those in the supermarket’s distribution centres.
  
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• Waitrose introduces same day sushi delivery

  01-02-2019 09:52 via theretailbulletin.com
  Waitrose has added freshly-made sushi to its ‘Waitrose Rapid Delivery’ service to enable customers to have made-to-order sushi delivered to their home or workplace on the same day.
  
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• Sainsbury's trials selling meat alternatives next to meat

  01-02-2019 08:42 via theretailbulletin.com
  Sainsbury’s is piloting a new meat-alternative section in its meat, fish, and poultry aisle in 20 of its UK stores following the supermarket’s launch of a new plant-based range last month.
  
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• Patisserie Valerie set to be sold off piecemeal 

  01-02-2019 05:01 via ft.com
  Potential buyers put off bidding for entire operation by financial allegations
  
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• Amazon: on the margin

  01-02-2019 04:48 via ft.com
  The market gloom that accompanied Thursday’s results looks overblown 
  
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• MPs pressed to scrap business rates to save high streets

  01-02-2019 00:34 via ft.com
  Levy slammed as ‘regressive and not linked to ability to pay’
  
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