Retail news

• Gap: swinger through the wringer

  08-11-2019 23:16 via ft.com
  Group being squeezed by fast fashion chains at one end andpremium brands at the other
  
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• Harrods restricts Christmas grotto to £2,000-plus spenders

  08-11-2019 18:19
  
  Customers complain London store’s restrictive policy ‘steals Christmas’ from their childrenFather Christmas promises to visit every well-behaved child on 24 December but it turns out that only the children of high-rolling parents are able to visit him in his Swarovski crystal-encrusted grotto in Harrods.The Knightsbridge department store has been accused of “behaving like the Grinch who stole Christmas” by restricting access to its Father Christmas to customers who
  
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• Harrods limits Christmas grotto to £2,000-plus spenders

  08-11-2019 18:19
  
  Customers complain London store’s restrictive policy ‘steals Christmas’ from their childrenFather Christmas promises to visit every well-behaved child on 24 December but it turns out that only the children of high-rolling parents are able to visit him in his Swarovski crystal-encrusted grotto in Harrods.The Knightsbridge department store has been accused of “behaving like the Grinch who stole Christmas” by restricting access to its Father Christmas to customers who
  
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• Mamas & Papas closes six stores and cuts nearly 130 jobs

  08-11-2019 18:03
  
  Company will continue trading despite collapsing within days of MothercareMamas & Papas is closing six shops and and cutting nearly 130 jobs just days after the collapse of its rival Mothercare.The Huddersfield-based baby and maternity retailer collapsed into administration on Friday and was immediately bought back by other companies controlled by Bluegem Capital, its private equity owner.High street closures in 2019 Continue reading...
  
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• Tesco seeks to gain edge with Clubcard subscription service

  08-11-2019 16:00 via ft.com
  Amazon-style offer underscores supermarket group’s change in approach to customer loyalty
  
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• Evolution of UK High Street offers start-ups array of choice

  08-11-2019 05:32 via ft.com
  Newcastle options highlight location dilemmas for entrepreneurs setting up shop
  
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• Prime time: debt investors should heed Casino lessons

  08-11-2019 05:00 via ft.com
  New deal comes not long after French retailer appeared frozen out of credit markets
  
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• Mothercare kicks off closing down sale

  08-11-2019 01:01
  
  Firm says nearly all products will be dramatically reduced as it prepares to close UK storesMothercare is launching a closing down sale with nearly all products “dramatically reduced” as it prepares to close all its 79 stores and its website in the UK.The baby and maternity retailer is to begin clearing stock with the sale on Friday after appointing administrators from the advisory firm PricewaterhouseCoopers on Tuesday, who are to close down its UK retail arm with the loss of more t
  
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• M&S launches its Christmas campaign with all-dancing advert

  08-11-2019 01:01
  
  Retailer throws down gauntlet to John Lewis with ‘shoulder roll’ move it hopes will go viralMarks & Spencer has thrown down the gauntlet to John Lewis this year with an all-dancing Christmas advert featuring a signature “shoulder roll” move that it hopes could set dancefloors and social media alight over the festive season.Set to House of Pain’s 1992 hit Jump Around, the ad was made by the British director Jake Nava, best known for Beyoncé’s Single
  
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