Retail news

• Foreign supermarkets change tactics in China

  29-08-2019 23:00
  Costco’s impressive debut contrasts with contentious exits by international chains
  
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• Sports Direct founder Mike Ashley faces shareholder rebellion

  29-08-2019 15:21
  Directorship under fire over ‘significant operational and governance concerns’Mike Ashley faces a shareholder rebellion after the advisory firm Institutional Shareholder Services joined calls for Sports Direct investors to vote against his continuing as a director amid “significant operational and governance concerns” at the retail group.ISS said Sports Direct’s acquisition of House of Fraser had “led to concerns about the company’s viability as a whole&
  
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• Asda to launch Downton Abbey ad before film premiere

  29-08-2019 07:01
  Thirty-second ad will be shown on Channel 4 featuring ‘downstairs’ staff from seriesAsda is to launch a Downton Abbey-themed ad campaign before the feature film premiere of the TV favourite this month.Keeping to Asda’s roots as a budget supermarket, the TV ad campaign, which launches on Channel 4 on Friday night, focuses on the “downstairs” staff who run Downton Abbey for the Crawley family. Related: Downton Abbey movie: first trailer promises warring butlers and me
  
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• Big supermarkets still selling knives to children

  29-08-2019 01:01
  Trading Standards test purchases found retailers failing to prevent sale of knives to children on 15% of occasionsChildren are still buying knives from big UK supermarkets including Tesco and Asda – despite retailers’ recent public pledges to toughen up their sales policies – according to the results of tests carried out by National Trading Standards officers.It is illegal to sell a knife to anyone under the age of 18, yet the new data shows that of 2,231 official “test p
  
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