Retail news

When staff run the show: the true benefits of employee ownership

29-02-2020 17:00

A new study found that giving workers a stake in their business is universally popular – and may offer a solution to the UK’s record of sluggish productivity and low investmentThe moment when staff at John Lewis and Waitrose are told the size of their bonus is always much-anticipated. This week’s announcement will be no different, except in one respect – staff will probably be handed a fraction of the usual 10% to 18% of salary. Last year it was 3%, this year it could be

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Joe Coulombe, founder of Trader Joe's, dies aged 89

29-02-2020 15:28

Coulombe, who opened his first Trader Joe’s grocery store in California in 1967, died on Friday following a long illnessJoe Coulombe, who created Trader Joe’s with a vision that college-educated but poorly paid young people would flock to a store that stocked healthy foods at bargain prices, died late on Friday. He was 89.Coulombe, who opened his first Trader Joes in Pasadena, California, in 1967, died following a long illness, his son, Joe Coulombe, told the Associated Press. Contin

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'My God, it's chaos': Lush's founder on why he is so downcast

29-02-2020 07:00

Mark Constantine’s beauty brand is in tune with the zeitgeist: so why is his ethical approach to capitalism not bearing fruit?The badge on the lapel of Lush’s co-founder, Mark Constantine, does the talking for him today as his beauty retail empire is buffeted by one crisis after another.A potential pandemic is “closing half the bloody world”, he explains, as his lapel badge reads: “Fuck, fuck, fuckity fuck”. Continue reading...

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John Lewis launches hand-me-down clothing drive

29-02-2020 01:01

Retailer seeks to cut fashion waste with children’s coats featuring reusable name tags
John Lewis is tackling fashion waste by launching a hand-me-down drive with extended name labels attached to children’s coats that can be easily amended by parents.The department store chain is introducing organic cotton labelling inside its own-brand children’s coats so the new owner can cross out the name of the last person and write a new name. Coats have been chosen to test this labelling

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