Retail news

• Online sales of used goods on eBay up 30% during UK lockdown

  28-08-2020 19:47
  
  Vintage fashion sells well between March and June in trend shared by other retailers
  Online sales of secondhand goods have boomed during the pandemic as the trend for “pre-loved” fashion and homewares took off while high street stores were closed.Sales of used goods jumped 30% on trading site eBay between March and June this year leading to an overall 10% rise in the first half of 2020 compared with last year. Continue reading...
  
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• Waitrose launches delivery trial with Deliveroo

  28-08-2020 18:58
  Restaurant delivery group increases push into groceries with UK supermarket tie-up
  
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• 18 Boohoo factories under fire as auditors reveal “critical” supply chain issues

  28-08-2020 17:43 via retailgazette.co.uk
  // Boohoo audit reports accumulated over the past 4 years set out allegations at 18 Leicester suppliers
  // The reports suggested that Boohoo has not shown evidence of the amount it pays its garment workersThird party auditors to Boohoo have reportedly raised concerns over its failure to pay garment workers the minimum wage at over a dozen factories in Leicester.
  Boohoo, which owns PrettyLittleThing and Nasty Gal, has been selling clothes made by at least 18 factories in Leicester, which accordin
  
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• Waitrose enlists Deliveroo to help take on M&S and Ocado

  28-08-2020 17:35
  
  Tuesday marks new front in fight for online groceries market as Ocado and Waitrose part waysWaitrose is to test fast-track grocery deliveries with the takeaway courier firm Deliveroo as it prepares to do battle with its rival Marks & Spencer, which will finally begin selling groceries online next week.After almost two decades together, the online grocery specialist Ocado has ditched Waitrose and will switch to selling M&S food from Tuesday, kicking off a fight between the two grocers for
  
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• Battle royale: Waitrose enlists Deliveroo to help take on M&S and Ocado

  28-08-2020 16:21
  
  Tuesday marks start of new front in online groceries market after Ocado ditched WaitroseWaitrose is to test fast-track grocery deliveries with takeaway courier firm Deliveroo as it prepares to do battle with rival Marks & Spencer, which will finally begin selling groceries online next week.After almost two decades together, the online grocery specialist Ocado has ditched Waitrose and will switch to selling M&S food from Tuesday, kicking off a fight between the two grocers for the online
  
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• Retail Gazette Loves: Carnaby Street’s free bike hub

  28-08-2020 15:25 via retailgazette.co.uk
  Due to cycling’s growing in popularity during lockdown, the landlords behind London’s famous Carnaby Street precinct has converted an empty store space into a free bike hub.
  The hub, located 57 Carnaby Street, has an open door policy from 7am – 9pm, Monday to Sunday with availability for 50 bikes in newly fitted double stacked racks.
  The hub was created as part of wider efforts to entice visitors back into central London, with many commuters opting for cycling a
  
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• OnBuy boasts 24,000% growth in 4 years

  28-08-2020 15:12 via retailgazette.co.uk
  // OnBuy recorded 24,000% GMV growth since launch four years ago.
  // It also enjoyed 600% revenue growth in 2020 for the second consecutive year
  // It has also forecast a turnover of £2 billion in sales by 2024OnBuy has posted record growth figures just four years after its launch, and has set its sights on achieving £2 billion in sales in the next four.
  The online marketplace said that at the end of its fiscal year (2020), it recorded 24,000 per cent GMV growth since launch four yea
  
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• What Walmart might want from a TikTok tie-up

  28-08-2020 14:31
  Video-sharing app has more than 100m active US monthly users who are young, tech savvy and likely to shop online
  
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• UK shoppers make tens-of-thousands of searches for fake designer goods every month

  28-08-2020 14:29 via chargedretail.co.uk
  
  Fake designer goods are becoming increasingly popular in the UK thanks to the rise in resale platforms like Ebay and Depop.
  According to new research from H&T Pawnbrokers, UK shoppers spent £3.1 billion on fake handbags and jewellery along this year.
  While a reported 22 million UK shoppers have unwittingly bought fake goods, a growing number are actively searching them out.
  Adidas Yeezy trainers, which can set customers back thousands of pounds, are reportedly the most commonly searche
  
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• John Lewis to overhaul Sheffield store after signing new lease

  28-08-2020 12:03 via retailgazette.co.uk
  // John Lewis signs new 20-year lease with Sheffield City Council
  // Agreement includes plans for a refurbishment, details of which are currently under review
  // John Lewis said work would likely commence in mid-2021 and the shop would remain open throughoutJohn Lewis has agreed a new 20-year lease with Sheffield City Council which includes plans for a refurbishment of the shop in the heart of the city.
  The department store has had a presence in Sheffield since the advent of WWII, having origina
  
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• Wrangler to halve water usage by 2030

  28-08-2020 11:40 via retailgazette.co.uk
  // Wrangler plans to halve its water usage by 2030
  // The retailer has already saved over 7 billion litres of waterWrangler has revealed plans to halve its water usage by 2030 as part of its sustainability efforts.
  The denim retailer said in April that it had saved over seven billion litres of water in the production of its denim products, which surpassed its 2020 goal by 1.5 billion litres.
  Wrangler’s new sustainability goals focus on fibre production, fabric construction, and produc
  
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• Amazon opens its first ever ‘Fresh’ physical grocery store

  28-08-2020 11:25 via chargedretail.co.uk
  
  Amazon has opened the doors to its first ever full-size grocery store in Los Angeles marking its most significant venture into physical retail to date.
  Its new Amazon Fresh Store opened its doors yesterday morning to a select number of customers which it has invited from the local area, and will open to a wider audience in the coming weeks.Image: AmazonSeeking to differentiate its new format from its upmarket WholeFoods stores and its smaller Amazon Go convenience stores, Amazon Fresh will be st
  
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• Tiffany & Co sales rise despite Covid-19 affecting luxury sector

  28-08-2020 10:23 via retailgazette.co.uk
  // Tiffany & Co records global net sales rise from May to July
  // Sales improved during the first half of 2020 and the second quarterTiffany & Co has recorded a rise in its monthly worldwide net sales from May to July despite the Covid-19 pandemic.
  For the second quarter, Tiffany & Co saw improvements in monthly worldwide net sales from May to July.
  Meanwhile, global net sales declined 29 per cent from the prior year to $747 million (£554 million) and comparable sales
  
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• Businesses defy Covid-19 concerns as confidence improves for 3rd month running

  28-08-2020 09:54 via retailgazette.co.uk
  // Business confidence improves for third consecutive month
  // The figures remained well below the long-term historical average
  // Business remain cautious as the Covid-19 pandemic continues to affect tradingNew research has suggested that business confidence in the UK has improved for a third month running.
  Despite the positive outlook, business remain cautious as the Covid-19 pandemic continues to affect trading since reopenings in June.
  According to the latest Lloyds Bank Business Barometer,
  
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• Gap like-for-likes surges 13% in Q2 but net sales down

  28-08-2020 09:51 via retailgazette.co.uk
  // Gap like-for-likes up 13% in Q2, but net sales down 18%
  // Online sales skyrocketed by 95% but this was not enough to offset the 48% drop in store sales due to lockdownGap has posted a surge in like-for-like quarterly sales amid a huge surge in online sales brought on by customers shopping from home during lockdown.
  However, overall sales took in the second quarter ending August 1, as the retailer battled the impact of temporary store closures due to the coronavirus pandemic.
  Gap said same-st
  
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• H&M Group hires new chief technology officer

  28-08-2020 09:29 via retailgazette.co.uk
  // Alan Boehme hired as H&M Group’s new chief technology officer
  // He will be co-leading a new division within the company called Business Tech
  // Boehme’s appointment forms part of H&M’s digital transformation schemeH&M Group has appointed Alan Boehme as its chief technology officer as the fashion retail empire steps up its digital transformation scheme.
  Boehme will be co-leading a new division within the company called Business Tech alongside chief product office
  
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• Pret a Manger slashes 2800 high street jobs

  28-08-2020 09:01 via retailgazette.co.uk
  // Pret a Manger axes 2,800 roles after completing restructure
  // The restructure also includes the closure of around 30 shops
  // The food-to-go retailer says Covid-19 set back sales to what it was 10 years agoPret a Manger has axed 2800 from its chain of high street shops after completing a restructuring of its UK business.
  The cuts come after the high street chain said last month that it was planning a shake-up which would result in the closure of 30 sites.
  Pret a Manger said that although the
  
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• 'Eat out to help out' fuels UK economic recovery in August

  28-08-2020 08:00
  
  Guardian analysis shows pace of job cuts on back of Covid-19 crisis remains the concernUK economy in August: sales jump but tough choices lie aheadFrances O’Grady: act now to avoid mass unemploymentBritain’s economic recovery from Covid-19 gathered pace in the past month, fuelled by consumer spending and people taking advantage of the government’s “eat out to help out” scheme, despite fears mounting over rapid growth in unemployment.On the Guardian’s latest mo
  
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• Rich People’s Problems: Forget Ocado — I’m off to Farmfoods

  28-08-2020 06:00
  Apply brand disloyalty and stop being snooty about where you shop
  
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• Microsoft’s unexpected ally in the TikTok tournament

  28-08-2020 06:00
  Walmart’s show of interest adds to out of the ordinary Trump-induced M&A process
  
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• Walmart joins forces with Microsoft on TikTok bid

  28-08-2020 01:00 via theretailbulletin.com
  
  US retail giant Walmart has confirmed that it is teaming up with Microsoft on a bid to acquire the US operations of the  TikTok video sharing... View Article
  
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• Waitrose teams up with Deliveroo on half-hour delivery trial

  28-08-2020 01:00 via theretailbulletin.com
  
  Waitrose is teaming up with Deliveroo on a trial scheme that will offer over half a million households the option to have Waitrose food and drink delivered... View Article
  
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• Lindex initiates cost cutting programme

  28-08-2020 01:00 via theretailbulletin.com
  
  Swedish fashion retailer Lindex is to implement a cost cutting programme as it looks to future-proof its business in light of the coronavirus crisis. In a statement,... View Article
  
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• Kin+Ilk steams into St David’s

  28-08-2020 01:00 via theretailbulletin.com
  
  Welsh coffee company Kin+Ilk has launched a new 1,133 square foot outlet at St David’s Cardiff. Following a successful pop-up, the brand has signed for a permanent site on... View Article
  
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• H&M Group appoints Alan Boehme as chief technology officer

  28-08-2020 01:00 via theretailbulletin.com
  
  H&M Group has appointed Alan Boehme as its chief technology officer as part of plans to accelerate its digital transformation. He will be co-leading a new division... View Article
  
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• COVID-19 guidance for hair and beauty businesses

  28-08-2020 01:00 via theretailbulletin.com
  
  Business Companion, in partnership with the National Hair and Beauty Federation (NHBF), has published a new bulletin for the health and beauty sector to support businesses... View Article
  
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