Retail news

• Is M&S’s new Goodmove athleisure range a good move?

  13-01-2020 16:52 via retailgazette.co.uk
  
  If there’s one fashion trend that has been taking the world by storm in recent years, it’s athleisure – and it could all be down to millennials’ increased buying power and influence.
  Marks & Spencer, a retailer that has traditionally been recognised as catering more towards a middle-aged group of shoppers, just recently embraced athleisure by introducing its own range Goodmove, offering 150 different pieces of clothing and accessories.
  In recent years, M&S’s
  
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• Is M&S’ new Goodmove athleisure range a good move?

  13-01-2020 16:52 via retailgazette.co.uk
  
  If there’s one fashion trend that has been taking the world by storm in recent years, it’s athleisure – and it could all be down to millennials’ increased buying power and influence.
  Marks & Spencer, a retailer that has traditionally been recognised as catering more towards a middle-aged group of shoppers, just recently embraced athleisure by introducing its own range Goodmove, offering 150 different pieces of clothing and accessories.
  In recent years, M&S’s
  
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• Beales in sale talks to avoid collapse

  13-01-2020 15:53
  UK department store chain blames ‘lunacy’ of business rates for adding to trading difficulties
  
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• Topshop sees both buying & merchandising execs resign

  13-01-2020 15:33 via retailgazette.co.uk
  
  // Topshop and Topman’s buying director & merchandising director both due to step down
  // Senior buyer Cath Taylor & head of buying Jo Gunner have been promoted to buying directorsTopshop and Topman’s buying director Emma Fox and merchandising director Helen Wilson are reportedly stepping down from the business later this year.
  Fox first joined the retailer as a buying admin assistant in 1996, before she left to join Asos in 2011. She returned to Arcadia  in 2015 as buyi
  
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• Shop Direct formally rebrands to The Very Group

  13-01-2020 15:21 via retailgazette.co.uk
  
  // Shop Direct rebrands to Very Group today
  // The strategy forms part of the next phase of transformation and growth
  // This includes a recruitment drive and new fulfilment centreShop Direct has officially rebranded as The Very Group today, as part of wider ambitions to transform and grow the business.
  The company first announced it would rebrand to The Very Group in March last year, as it works to bring its name closer to its flagship retail brand Very.co.uk and make the most of its strong cus
  
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• 5 mins with Mike Austin, CEO & co-founder, Fresh Relevance

  13-01-2020 15:20 via retailgazette.co.uk
  
  Tell me about Fresh Relevance
  Our mission is to help digital marketers get their job done. Generating more ecommerce revenue and encouraging shoppers not only to make a first purchase, but to return again and again, are key objectives for many online retailers. In order to achieve them, marketers need to be able to understand their shopper’s needs and act based on them. While working at my previous email marketing business, I recognised how difficult it was for marketers to access customer
  
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• Optimise Your EAS Systems with Predictive Analytics – eBook

  13-01-2020 13:46 via retailgazette.co.uk
  
  Learn How Retailers are Making Their Shrink Management Systems Work Smarter
  The fast-changing world of retail has placed new pressures on store leaders to improve loss prevention programs and decrease shrink while supporting an optimal customer buying experience. Add in industry-wide budget constraints, and you can see why retailers are finding it essential to do more with less.
  Shrink Management as a Service (SMaaS) is a next generation loss prevention tool which assists retailers in leveraging
  
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• Walmart India sheds management jobs in profitability push

  13-01-2020 12:10
  Company cuts almost 60 roles as battle for retail market share intensifies
  
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• Amazon “terminates” employees for sharing customer data with third parties

  13-01-2020 11:10 via chargedretail.co.uk
  
  Amazon has “terminated” a number of employees who were found to have sold customer data to third party sources.
  The online retailer informed a number of customers via an email, seen by TechCrunch, that their data including email addresses and phone numbers had been shared illegally.
  Amazon’s customer service branch told customers that their details “were disclosed by an Amazon employee to a third-party in violation of our policies”.
  READ MORE: Dixons Carph
  
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• Lush looking to swoop on vacant Debenhams & House of Fraser stores

  13-01-2020 11:05 via retailgazette.co.uk
  
  // Lush to fill vacant Debenhams and House of Fraser stores
  // Lush’s new Liverpool flagship was reportedly a success and the CEO is looking to expand into larger-format storesLush is reportedly seeking to occupy vacant Debenhams and House of Fraser units following the success of its new Liverpool store.
  The cosmetic retailer’s chief executive and co-founder Mark Constantine has said the company is interested in expanding into more larger-format stores, Retail Week reported.
  Lus
  
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• WHSmith to face backlash over CEO Carl Cowling’s pension

  13-01-2020 10:33 via retailgazette.co.uk
  
  // WHSmith to face backlash over a pension award to its CEO Carl Cowling
  // The Investment Association has issued a red-top alertWHSmith is reportedly on the verge of becoming the first major retailer to face a pay backlash this year over a pension award to chief executive, Carl Cowling.
  The Investment Association (IA) has issued a red-top alert over the retailer’s remuneration report ahead of this month’s AGM, Sky News reported.
  The IA’s alert acknowledges that Cowling is bein
  
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• 2832 jobs at risk as Asda eyes cost-cutting in back office

  13-01-2020 10:07 via retailgazette.co.uk
  
  // Asda starts consultation with 2832 staff across back office roles in its latest bid to cut costs
  // Staff working in administrative, cash office and personnel roles have been told their jobs were at risk
  // Asda is looking to halve its back office operations across its 639 storesAsda has reportedly started a consultation process with more than 2800 staff across back office roles in its latest bid to cut costs.
  According to The Guardian, the Walmart-owned grocer has informed 2832 employees wor
  
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• Debenhams in talks to offload pension schemes

  13-01-2020 09:49 via retailgazette.co.uk
  
  // Debenhams is seeking to offload bosses’ pension schemes
  // It is in talks with the insurer Aviva
  // The deal could be confirmed in a matter of weeksDebenhams is reportedly seeking to offload its executive pension scheme, which holds more than £200 million assets.
  The struggling department store chain is in talks with the insurer Aviva about a buyout, Sky News reported.
  The deal, which could be confirmed within a matter of weeks, will guarantee future benefits to members of its pen
  
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• 1000 jobs at risk as Beales lurches towards collapse

  13-01-2020 09:43 via retailgazette.co.uk
  
  // Beales warns it could collapse into administration unless it finds a new owner for the business, placing 1000 jobs at risk
  // The retailer, one of the oldest department stores in the UK, is also negotiating with landlords for rent cuts
  // Last month Beales appointed KPMG to undertake a strategic review of the businessAround 1000 staff are at risk of losing their jobs as Beales warns it is on the brink of collapse unless it can find a new owner to buy the business.
  The department store retaile
  
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• Footfall drops 2.5% during crucial Christmas trading period

  13-01-2020 09:21 via retailgazette.co.uk
  
  // UK footfall declined by 2.5% in December, according to Springboard
  // Later timing of Black Friday weekend is one of the reasons, as it brought Christmas trading period forward
  // High street & shopping centre footfall dropped by 3.5% & 2.1% respectively, while retail parks edged down 0.5%Retail footfall took a hit in December as the later timing of Black Friday weekend brought the Christmas trading period forward, new data has shown.
  According to retail intelligence firm Springboard,
  
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• Hobbycraft books 5.3% like-for-like Christmas sales growth

  13-01-2020 08:58 via retailgazette.co.uk
  
  // Hobbycraft reports strong Christmas sales of 8.9%
  // Like-for-like sales surged 5.3%
  // Performance was boosted by demand for personalisation & in-store experiencesHobbycraft has recorded “strong” Christmas sales growth after the arts and craft retailer was boosted by online sales, demand for personalisation and in-store experiences.
  The retailer said sales grew 8.9 per cent over the five weeks to December 24 on the back of a 5.3 per cent like-for-like sales increase.
  It said
  
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• More than half of groups turning to CVAs still go under

  13-01-2020 05:00
  ‘Sticking plaster’ used by ailing businesses to cut debt often ends in failure, research shows
  
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• Shop Direct rebrands as The Very Group

  13-01-2020 01:00 via theretailbulletin.com
  
  Shop Direct has rebranded as The Very Group as it looks to bring its name and identity in line with its flagship brand, Very. The company... View Article
  
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• Joules Christmas trading impacted by stock issues

  13-01-2020 01:00 via theretailbulletin.com
  
  Joules has said it its sales over the Christmas trading period were below expectations after trading was impacted by a stock availability issue. In the seven... View Article
  
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• Holland & Barrett posts healthy Christmas sales growth

  13-01-2020 01:00 via theretailbulletin.com
  
  Holland & Barrett grew its like-for-like sales by 3.3% in the quarter ending 31 December after the retailer experienced growth in all of its markets. Total... View Article
  
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• Hobbycraft reports strong Christmas sales growth

  13-01-2020 01:00 via theretailbulletin.com
  
  Arts and crafts retailer Hobbycraft increased its like-for-like sales by 5.3% in the five weeks to 24 December. The company’s in-store and online like-for-like sales climbed... View Article
  
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• December footfall down 2.5% after Black Friday brought Christmas forward

  13-01-2020 01:00 via theretailbulletin.com
  
  UK footfall declined by 2.5% in December after Black Friday and the subsequent Cyber Monday brought the Christmas trading period forward. The figures from retail intelligence... View Article
  
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• Beales warns of potential collapse

  13-01-2020 01:00 via theretailbulletin.com
  
  The Beales department store chain has warned that it could collapse into administration unless it can find a buyer for the business. The company is also... View Article
  
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