Retail news

• What will 2020 hold for companies?

  27-12-2019 22:00
  FT writers offer their forecasts for the banking, tech, car, energy, airline and UK retail sectors
  
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• Amazon and Deliveroo tie-up to be probed by CMA

  27-12-2019 16:04 via retailgazette.co.uk
  
  // The CMA will investigate Amazon and Deliveroo’s partnership
  // The watchdog said the two parties failed to offer any undertakings to them by the December 18 deadlineAmazon’s tie-up with food delivery service Deliveroo is being investigated by the competition watchdog over concerns that the deal could lead to customers and businesses facing higher prices and poorer service.
  The CMA launched a thorough phase two probe after Amazon failed to address “initial concerns that
  
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• High street crisis to continue into 2020

  27-12-2019 13:59 via retailgazette.co.uk
  
  // The high street crisis is set to continue into 2020
  // 8000 stores and 85,000 jobs have been lost this yearThe pressure on high street retailers is expected to continue into 2020 as consumers shift towards online and business rates increase, experts have warned.
  A total of 8000 stores and 85,000 jobs have been lost this year, with retail experts predicting this to continue at the same pace during the next 12 months.
  Hedge funds have bet against a recovery, taking positions against the li
  
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• Human bone found in Primark socks not crime-related, police say

  27-12-2019 13:18
  
  Bone may have been put in socks in country of origin before discovery in Colchester, police believe
  A piece of human bone found in a pair of socks bought from a branch of Primark has not been linked to a crime, police have said.The socks were bought from the Colchester store on 10 December last year and the matter was reported to police on 2 January. The bone was believed to have come from part of a finger. Continue reading...
  
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• Tesco shoppers donate 2.5 million meals to food banks

  27-12-2019 11:50 via retailgazette.co.uk
  
  // Tesco shoppers donate millions of meals to food banks
  // Meals were donated to charities the Trussell Trust and FareShare during last month’s Tesco Food CollectionTesco has revealed its shoppers have donated a total of 2.5 million meals to food banks and charities across the UK.
  The meals were donated to charities the Trussell Trust and FareShare by shoppers during last month’s Tesco Food Collection, with Tesco topping up the value of all the donations by an additional 20 per cent
  
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• Amazon celebrates record-breaking holiday sales

  27-12-2019 11:40 via chargedretail.co.uk
  Amazon has broken records this holiday shopping season after deliveries “nearly quadrupled compared to last year”, sending its shares soaring.
  The ecommerce giant saw its shares jump more than four per cent on Boxing Day after reporting a record-breaking festive season, marking the most successful day for its stock since January 30th.
  It attributed its improved logistics network, in which it has invested nearly $1 billion this year, to the stellar rise in stock as more and more peopl
  
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• Uniqlo founder Tadashi Yanai quits SoftBank board

  27-12-2019 10:33
  Close ally of Masayoshi Son steps down from role of non-executive director after 18 years
  
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• Retail administrations decline 30% despite high street pressures

  27-12-2019 10:24 via retailgazette.co.uk
  
  // The high street this year faced less administrations compared with 2018
  // CVAs increased as retailers battled increased business rents and ratesRetail administrations in the UK have declined by 30 per cent this year despite several retailers facing increased pressure, new research has found.
  The number of retailers which fell into administration over the past year to November was less than in 2018, according to data from KPMG.
  However, CVAs significantly increased during the year as ret
  
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• Boxing Day saw biggest footfall decline since 2010

  27-12-2019 09:57 via retailgazette.co.uk
  
  // Boxing Day footfall dropped 10.6%
  // This year saw the biggest Boxing Day decline since 2010
  // High street locations were among the worst to be affected, with footfall down 13.6%Boxing Day footfall has dropped at the sharpest rate for nine years as rainy weather and early discounting continued to affect the high street.
  Footfall was down by 10.6 per cent on the same period a year ago, making it the biggest decline of any Boxing Day since 2010, data company Springboard found.
  High street loca
  
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• How has Brexit vote affected UK economy? December verdict

  27-12-2019 08:00
  
  Each month we look at key indicators to see what effect the Brexit process has had on growth, prosperity and trade Continue reading...
  
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• As it’s the season of goodwill, praise be for these customer services

  27-12-2019 08:00
  
  So many complaints, but these are companies that got it right this year – even John LewisSince it’s the season of goodwill, let’s hear it for companies that got it right. Even John Lewis, whose failings have become a dismayingly common theme in my post bag:Our old dishwasher no longer worked when reinstalled in our new kitchen. Neither kitchen supplier, nor the installer, took responsibility, so we ordered a new dishwasher and installation from John Lewis. It identified a probl
  
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• Footfall down 10.6% on Boxing Day

  27-12-2019 01:00 via theretailbulletin.com
  
  Footfall in UK retail destinations up to 12pm on Boxing Day was down 10.6% on the same period last year. The figures from retail intelligence firm... View Article
  
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• Boots teams up with Public Health England on healthier living scheme

  27-12-2019 01:00 via theretailbulletin.com
  
  Boots is teaming up with Public Health England on a scheme that aims to help one million people take action to improve their health. The three-year... View Article
  
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