Retail news

• Bonobos co-founder to depart Walmart

  12-12-2019 22:05
  Andy Dunn exits as US retailer shakes up ecommerce operations
  
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• Bonobos co-founder leaves as Walmart shakes up ecommerce

  12-12-2019 22:05
  Andy Dunn exits as US retailer tries to turnround online operations
  
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• Fur flies in battle for control of Hudson’s Bay

  12-12-2019 19:49
  Canadian retailer faces shareholder vote over chairman’s plan to take it private
  
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• The Guardian view on Christmas shopping: the season to be spendthrift? | Editorial

  12-12-2019 19:36
  
  Retailers are struggling, and evidence suggests this is more about the rise of online shopping than proof that we have reached ‘peak stuff’Shops are struggling. The fortnight before Christmas, and the January sales that follow, will be even more crucial than usual this year to retailers hard-pressed by falling sales and online competition. Footfall in November was down 3.4% on the same month last year. Shopping centre investment in the UK has fallen by £5bn in six years, as a s
  
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• Superdry warns of tough Christmas amid accounting error

  12-12-2019 19:19
  
  Fashion retailer admits ‘isolated’ £3.9m error as it reports £4.2m first-half lossSuperdry has warned of a difficult Christmas for retailers as the fashion chain fell into the red and confessed to a near-£4m accounting error.The company flagged an “isolated error totalling £3.9m” related to stock handling costs as it reported a first-half loss of £4.2m, down from a £26.4m profit a year ago.Julian Dunkerton is the first to admit that Sup
  
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• Ocado product range 'will be bigger and better' under M&S deal

  12-12-2019 18:53
  
  Online grocer says customers can also expect higher-quality items and cheaper prices Ocado has said its product range will be 50% bigger and offer lower prices and better quality products when it switches from Waitrose to Marks & Spencer next year.The online grocer’s finance chief, Duncan Tatton-Brown, said it will stock 6,000 M&S products, compared with the 4,000 it sells as part of its supply deal with Waitrose, which ends in 2020. The alternatives on offer would be the “sa
  
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• We can’t rely on shops to revive our town centres. They need a new magnet | Simon Jenkins

  12-12-2019 18:52
  
  High street shops cannot survive the death blow of online retail. But there are ways to make town centres come alive againAnother winter passes, and the plague continues its rampage through the high streets of Britain. Shutters are going up and stores are closing. The disease fells everything from the corner post office and pub to mighty names like M&S, Debenhams and House of Fraser. Like the climate crisis and the erosion of the countryside, the traumas of urban geography pass unnoticed bec
  
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• Dixons Carphone needs vision of Christmas Future

  12-12-2019 18:39
  Retailer has a long way to go to deliver a full, multi-channel, 21st-century experience
  
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• Can consumer spending overcome corporate gloom?

  12-12-2019 17:12
  US economic growth in 2020 depends on it
  
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• Superdry warns of a tough Christmas amid accounting error

  12-12-2019 10:32
  
  Fashion brand admits ‘isolated’ £3.9m error atop £4.2m first-half loss as fierce competition dents salesSuperdry has warned of a difficult Christmas ahead for retailers as it fell into the red over the first half and admitted it had discovered a near-£4m accounting error.The fashion brand said the “isolated” £3.9m error related to the last financial year and stemmed from the “overly complex” record-keeping process it used to track the c
  
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• Superdry hit by sales drop but margins improve

  12-12-2019 09:14
  Co-founder Julian Dunkerton describes clothing retailer’s start to peak third-quarter period ‘encouraging’
  
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• Clothing retailer Superdry slips to loss but margins improve

  12-12-2019 09:14
  Co-founder Julian Dunkerton who returned as chief says group had ‘encouraging’ start
  
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• Putting butter back in the pastry: Patisserie Valerie's road to recovery

  12-12-2019 08:00
  
  Collapsed cake shop chain’s new boss is updating stores and cutting costs – but no longer on ingredientsPatisserie Valerie is ditching its trademark can-can dancer logo and revamping stores as the cake shop and cafe chain tries to rebuild its fortunes after one of the fastest and most dramatic collapses in recent corporate history.In October last year, Patisserie Valerie was still a go-go stock, a darling of the AIM market, valued at £450m and with nearly 200 outlets. Then, a b
  
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• Burberry launches Google Lens powered pop-up experience

  12-12-2019 01:00 via theretailbulletin.com
  
  Burberry has launched a Google Lens powered digital pop-up experience  in the Brick Lane area of London as part of its Christmas ‘What is Love’ campaign. The luxury brand has placed... View Article
  
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