Retail news

• Landlords struggle for festive cheer in retail gloom

  06-12-2019 22:00
  Falls in rents and prices approach levels of financial crisis a decade ago
  
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• 'It shows a nicer way of life': meet the makers of the £100 viral Christmas ad

  06-12-2019 17:00
  
  Hafod Hardware owners in Wales say simple message has struck a chord with viewersAt this time of year business is usually steady rather than spectacular at the Hafod Hardware store in the Welsh town of Rhayader.People pop in to buy nails, screws, perhaps a replacement mophead, a mousetrap or a pot of paint to spruce up their homes for the festive period. But this week it has been rather busier for Thomas Lewis Jones and Pauline Lewis, the shop’s grandson and grandmother team.Here it is, th
  
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• Jessops jobs and stores in jeopardy after administrators called in

  06-12-2019 16:35
  
  Property arm of camera retailer owned by TV star Peter Jones put into administrationCamera retailer Jessops has called in administrators to its property arm, putting 500 jobs at risk.The business, which is controlled by Dragons’ Den panellist Peter Jones, has been considering a restructure for several months and first warned it may have to call in administrators in October.What’s the problem? Continue reading...
  
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• Jessops jobs and stores at risk after administrators called in

  06-12-2019 16:35
  
  Camera retailer owned by Dragons’ Den panellist Peter Jones puts property arm into administrationCamera retailer Jessops has called in administrators to its property arm, putting 500 jobs at risk.The business, which is controlled by Dragons’ Den panellist Peter Jones, has been considering a restructure for several months and first warned it may have to call in administrators in October.What’s the problem? Continue reading...
  
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• John Lewis to offshore contact centre jobs as UK staff laid off

  06-12-2019 15:13
  
  Staff in Plymouth say they are being asked to train workers in Philippines to replace themJohn Lewis is to offshore hundreds of call-centre jobs to the Philippines as part of a cost-cutting move that has already led to 300 UK workers being laid off just before Christmas.Staff at John Lewis’s outsourced call centre in Plymouth were told in October to expect large-scale redundancies on 20 December. The Guardian understands that at least 20% of that work is being switched to contract workers
  
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• Tech entrepreneurs are transforming online fashion

  06-12-2019 13:53
  Smart, young people with no clothing background find gaps in the fashion market
  
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• How our home delivery habit reshaped the world – podcast

  06-12-2019 13:00
  
  The great trick of online retail has been to get us to shop more and think less about how our purchases reach our homes. By Samanth Subramanian• Read the text version hereContinue reading...
  
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• Come mall ye faithful: 40,000 festive shoppers to hit Swedish superstore

  06-12-2019 10:38
  
  Shoppers travel from afar to Gekås Ullared mega-mall, an institution that has its own reality TV showMore than 40,000 people are expected to descend this weekend on one of Europe’s largest department stores to hunt for bargains in a Christmas shopping frenzy – to a shop in Sweden that has become such an institution it has its own reality TV show.Little known outside Scandinavia, Gekås Ullared – situated about 60 miles (100km) south of Gothenburg – is Sweden&rs
  
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• Investors pull £2.8bn out of UK property funds amid high street gloom

  06-12-2019 10:21
  
  More real estate funds may have to impose extraordinary liquidity measures – FitchInvestors pulled almost £3bn out of UK property funds over the past year, highlighting the toll that extended Brexit uncertainty and high street gloom have had on the sector.Data prepared by Morningstar shows that £2.8bn was taken from 15 open-ended commercial property funds that offer daily liquidity to investors, putting pressure on the cash buffers used to cover customer withdrawals. Continue r
  
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• ‘I’m Ikea’s first female carpenter in the UK and I love it’

  06-12-2019 08:00
  
  Dawn Gladwin, 60, on how she spends money doing up her home but is also renovating a VW camperLast year, I became Ikea’s first female carpenter in the UK and Ireland. I’ve long been involved in building work, carpentry, decorating and tiling and other practical jobs. I like how Ikea designs the rooms in stores. However, the kind of roles I wanted never came up, so I found a job in its sales team and within six months, after I passed my probation, I ended up working extra hours in the
  
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• Joules benefits from disciplined approach to promotions

  06-12-2019 01:00 via theretailbulletin.com
  
  Lifestyle clothing brand Joules saw its revenue edge up 1.3% in the 26 weeks to 24 November.  Retail revenue climbed by 3.1% and there was also an improvement... View Article
  
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• Dalton Park celebrates new signings, shop upgrades and refurbishments

  06-12-2019 01:00 via theretailbulletin.com
  
  The Dalton Park outlet centre has enjoyed a bumper second half of the year following a series of new openings, shop upgrades and refurbishments.   The largest outlet centre in... View Article
  
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• Birchbox celebrates record Black Friday shopping period

  06-12-2019 01:00 via theretailbulletin.com
  
  Birchbox achieved its best ever trading month in November with revenue up 19% year-on-year.  In addition, the subscription beauty box retailer saw a 13% increase in... View Article
  
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