Retail news

• Arcadia landlords push Philip Green for better terms

  06-06-2019 21:04 via ft.com
  Property groups worry that restructuring will open floodgates to more rent cut demands
  
  Read more

• Ofcom chief Sharon White appointed John Lewis chair

  06-06-2019 21:03 via ft.com
  Telecoms regulator the first external candidate in retailer’s most senior role
  
  Read more

• Elliott Management nears deal to acquire Barnes & Noble

  06-06-2019 21:00 via ft.com
  The $6.50 a share offer would value struggling bookseller at $476m
  
  Read more

• What Sir Philip Green needs to do to save Arcadia Group

  06-06-2019 20:09
  After vote on rescue plan is delayed, the retail company’s landlords must be won overSir Philip Green’s Arcadia Group could take up to two weeks to win over landlords who spurned a planned rescue restructure and stave off the collapse of the business, which employs 18,000 people.The group, which agreed a week-long adjournment of a vote on its rescue plan on Wednesday, is allowed to delay for up to another week under insolvency rules as it battles to win over detractors, including maj
  
  Read more

• Advertisement

• Monsoon delays CVA procedure after Philip Green's for Arcadia fails

  06-06-2019 20:08
  Owner Peter Simon ‘taking extra precautions’ before negotiating with landlordsThe owner of the Monsoon and Accessorize retail chains has delayed plans for a restructuring to rescue the business after landlords failed to back similar plans by Philip Green’s retail empire.Peter Simon had planned to launch an insolvency procedure known as a company voluntary arrangement (CVA) as early as Friday, which would enable him to reduce the size of his stores and pay less rent.What's the p
  
  Read more

• Sharon White leaves Ofcom to join John Lewis Partnership

  06-06-2019 14:12
  Retail group appoints the 52-year-old as chairman on near-£1m salary John Lewis has appointed the chief executive of Ofcom as its new chairman, on a near-£1m salary.Sharon White, 52, joined Ofcom in March 2015 from the Treasury, where she was a senior civil servant in charge of public finances. She is moving to one of the most high-profile jobs in British retail, overseeing the John Lewis department stores and the Waitrose supermarket chain at a time when traditional department store
  
  Read more

• Got a Topshop or Miss Selfridge gift card? Then use it now

  06-06-2019 10:05
  Stores facing administration are no longer obliged to accept vouchers, experts sayConsumers holding gift cards or vouchers for Topshop, Topman, or Miss Selfridge have been advised to spend them over the next week as the fashion chains’ owner fights the the threat of collapse.In recent years, shoppers at HMV, House of Fraser, Maplin, Toys R Us and Evans Cycles and several other stores, all had problems using, or were left holding, worthless gift cards after those stores went into administra
  
  Read more

• Central England Co-op welcomes new head of food retail

  06-06-2019 09:42 via theretailbulletin.com
  Central England Co-operative has seen Paul Dennis join the business as head of food retail.
  
  Read more

• Advertisement

• The Entertainer launches toy rehoming scheme with The Salvation Army

  06-06-2019 09:31 via theretailbulletin.com
  Toy retailer The Entertainer has teamed up with The Salvation Army to launch a toy rehoming scheme which aims to reduce plastic waste by prolonging the life of toys.
  
  Read more

• The Row launches store on Yoox-Net-A-Porter platform

  06-06-2019 09:27 via theretailbulletin.com
  The Row fashion brand has introduced its first ever online store through a partnership with Yoox Net-A-Porter Group.
  
  Read more

• Joules revenue growth boosted by strong online performance

  06-06-2019 09:09 via theretailbulletin.com
  Joules increased its group revenue by 17.2% to £218 million in the year to 26 May.
  
  Read more

• ROX to join line-up at Liverpool ONE

  06-06-2019 09:02 via theretailbulletin.com
  Luxury jeweller ROX is set to open a 1,600 square foot boutique at Liverpool ONE.
  
  Read more

• Unputdownable! The bookshops Amazon couldn't kill

  06-06-2019 07:00
  Sales of printed books have risen and shops are fighting back. As the online threat mounts, UK booksellers – from chains to pop-ups – tell us how they keep afloatBooks and bookshops are on the up. Sales of printed books have risen for the fourth successive year; sales of ebooks are falling; and, perhaps most encouraging of all, despite two recent high-profile store closures, the number of independent bookshops is growing again after decades of decline. Books – and readers who w
  
  Read more

• ‘Amazon doesn’t play with the kids’: why booksellers are beating the odds

  06-06-2019 07:00
  Sales of printed books have risen and shops are fighting back. As the online threat mounts, UK booksellers – from chains to pop-ups – tell us how they keep afloatBooks and bookshops are on the up. Sales of printed books have risen for the fourth successive year; sales of ebooks are falling; and, perhaps most encouraging of all, despite two recent high-profile store closures, the number of independent bookshops is growing again after decades of decline. Books – and readers who w
  
  Read more

Follow @retailuknws on Twitter!