Retail news

• Walmart ammunition sales could halve on new curbs

  03-09-2019 20:45 via ft.com
  After mass shooting, retailer pulls products that can be used in military-style weapons
  
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• Marks & Spencer to drop out of FTSE 100 for first time

  03-09-2019 20:05
  Exit of founding member of top City share index is latest sign of retailer’s declining fortunesMarks & Spencer is to be demoted from the FTSE 100 for the first time in the latest sign of the declining fortunes of the retailer, which was a founding member of the leading City share index.Relegation to the FTSE 250 comes as the company is closing 120 stores as part of an overhaul designed to shore up profits.Continue reading...
  
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• The Guardian view on the decline of Marks & Spencer: trouble at tills | Editorial

  03-09-2019 19:59
  Public feeling towards M&S is stronger than for other retailers, but its current plight proves that it cannot trade on goodwill for everShops need shoppers, and if people want them to survive as bricks-and-mortar entities in the face of ferocious online competition, they will have to shop in them. So far so obvious, you might think. But the widely anticipated ejection from the FTSE 100 of the UK’s biggest clothes retailer, Marks & Spencer, makes it worth spelling out. If M&S &n
  
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• Walmart to stop selling some types of ammunition

  03-09-2019 19:57
  Company to ask shoppers not to openly carry firearms, even where legal, after series of mass shootingsWalmart says it will discontinue the sale of handgun ammunition and also publicly request that customers refrain from openly carrying firearms in stores even where state laws allow it.The announcement comes just days after a mass shooting claimed seven lives in Odessa, Texas, and follows two other back-to-back shootings last month, one of them at a Walmart store. Related: Radical gun reform may
  
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• Lloyds should stock analgesics to lessen lending pain

  03-09-2019 19:20 via ft.com
  Bank is buying Tesco’s £3.7bn mortgage portfolio amid stiff competition and falling margins
  
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• John Lewis attempts to become first UK retailer to supply its own water

  03-09-2019 18:37
  Stores in England will only pay wholesale prices if application for self-supply licence succeedsJohn Lewis and Partners is dipping a toe into the water industry by applying to become its own supplier at some of its stores.The retailer plans to take charge of supplying water to its John Lewis and Waitrose stores in England through a self-supply licence. Continue reading...
  
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• Lego bounces back with Avengers and Lego Movie sequel toys

  03-09-2019 14:21
  Global sales up 4% in first six months of 2019 after toy-maker had to axe 1,400 jobs in 2017 The sales recovery at Lego has continued thanks to the success of new sets linked to the Avengers superhero franchise and Lego Movie 2.The Danish toy-maker, known for its brightly coloured building blocks, said consumer sales in established markets such as the UK were up in “single digits” during the first six months of the year. Continue reading...
  
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• Lego to open 160 stores as other toy retailers suffer

  03-09-2019 10:12 via ft.com
  Danish group looks to profit from collapse of outlets including Toys R Us
  
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• Lego to open 160 new stores as other toy retailers suffer

  03-09-2019 10:12 via ft.com
  Danish group looks to profit from collapse of outlets including Toys R Us
  
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• Cautious shoppers deliver fresh blow to UK economy

  03-09-2019 01:01 via ft.com
  Stores hit by ‘incredibly disappointing month for retail’, industry figures reveal
  
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