Retail news

• Parma football club poised for sale to America’s Krause family

  14-09-2020 20:12
  Retail billionaires set to join string of US investors in Serie A in deal that could value club above €100m
  
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• Ocado sales could top £2bn thanks to M&S tie-up

  14-09-2020 18:44 via chargedretail.co.uk
  
  Ocado sales could exceed £2 billion for the first time this year thanks to its partnership with M&S.
  Credit Suisse forecasts that the grocery tech specialist has increased sales by two thirds in the past three months, to reach more than £600 million, according to a report by This is Money.
  If Ocado sales stay at that rate, it will achieve sales of £2,400 billion across twelve months.
  READ MORE: Ocado stops all deliveries to staff after it “underestimated the
  
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• UK retailers look to challenge scrapping of VAT relief for overseas visitors

  14-09-2020 18:42
  West End business group taking legal advice over Treasury’s ‘devastating’ decision
  
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• Grey houses, Spam fritters: Terence Conran saved Britain from so much | Suzanne Moore

  14-09-2020 18:38
  
  Habitat’s founder brought sensuality and sophistication to a country starved of fun and colour. He taught me and countless others how to live
  When my mum came to visit me in my council flat in the mid-80s, she looked around disapprovingly. “It may be all right when it’s furnished,” she acknowledged. “It is furnished,” I told her.This was the difference between her generation and mine. I did not have the mandatory three-piece suite, dinner table and chairs all
  
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• Indie Corner: BAR Jewellery

  14-09-2020 18:03 via retailgazette.co.uk
  When Sophie Mckay founded BAR Jewellery in 2015, she was inspired by the “unapologetically pure block form that precious metal takes before being made into jewellery”.
  “The name BAR summarises our brands ethos well – we are inspired by a back to basics attitude that runs through everything from our aesthetic to our approach to production,” she told Retail Gazette.
  After working 10 years as a senior designer for fashion houses like Tom Ford, Burberry and Versace, So
  
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• ScS creates 300 new jobs to cope with 92% surge in orders

  14-09-2020 17:21 via retailgazette.co.uk
  // ScS creates hundreds of jobs nationwide due to 92% increase in order uptake
  // It hired 150 new people in August and has 150 current vacancies
  // Jobs available nationwide in various roles, from sales to delivery driversScS has created 300 new jobs around the UK to cope with a huge increase in orders since the easing of lockdown.
  The sofa and carpet specialist retailer hired 150 new employees in August and currently has 150 live vacancies for roles in various areas of the business.
  The recrui
  
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• Games Workshop faces shareholder revolt ahead of AGM

  14-09-2020 16:55 via retailgazette.co.uk
  // Two advisory firms recommending Games Workshop vote against re-election of chairman Nick Donaldson
  // Donaldson’s has been chairman since 2017 but he has been on Games Workshop board for 18 yearsGames Workshop is facing a potential shareholder revolt after its investors were reportedly advised to vote against its chairman when it meets for the AGM this week.
  According to The Sunday Times, advisory firm Institutional Shareholder Services (ISS) questioned whether Nick Donaldson has enough
  
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• TK Maxx beats Sir Philip Green’s Topshop to become sixth-largest fashion group

  14-09-2020 15:35 via retailgazette.co.uk
  // TK Maxx has overtaken Topshop as the UK’s sixth-largest fashion group
  // The retailer is known for selling stock that other brands have been unable to sellTK Maxx has reportedly edged out Arcadia’s Topshop to become the UK’s sixth-largest fashion group.
  The discounter, owned by TJX UK, has said it hopes its excess stock from different brands will further boost its position, The Guardian reported.
  TK Maxx snaps up mostly in-season fashion items which department stores and hig
  
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• TK Maxx beats Sir Philip Green’s Topshop to become 6th-largest fashion retailer

  14-09-2020 15:35 via retailgazette.co.uk
  // TK Maxx has overtaken Topshop as the UK’s sixth-largest fashion group
  // The retailer is known for selling stock that other brands have been unable to sellTK Maxx has reportedly edged out Arcadia’s Topshop to become the UK’s sixth-largest fashion group.
  The discounter, owned by TJX UK, has said it hopes its excess stock from different brands will further boost its position, The Guardian reported.
  TK Maxx snaps up mostly in-season fashion items which department stores and hig
  
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• UK retailers hit by first weekly fall in shoppers since Covid lockdown

  14-09-2020 13:36
  
  End of holidays and reopening of schools result in fewer people visiting high streetsUK shopping destinations have recorded the first weekly drop in visitor numbers since lockdown in late April, as the end of the summer holidays and reopening of schools deterred consumers from visiting high streets.As concerns mount over a second wave in coronavirus infections, footfall at retail destinations across Britain fell by 6.3% last week from a week earlier, according to figures from the research provid
  
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• Fashion among most popular lockdown purchases, data shows

  14-09-2020 13:23 via retailgazette.co.uk
  // Clothes and drinks among most popular lockdown purchases, Royal Mail data shows
  // 45% of people received more packages over the pandemic than they were beforehandClothes and drinks are among the most popular items Brits ordered online during lockdown, new research suggests.
  More than six in 10 (64 per cent) of UK adults have received deliveries to update their wardrobe since March 23 – and 43 per cent have bought soft drinks, wine or beer, according to figures from Royal Mail.
  The data
  
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• Allegro: Pole position

  14-09-2020 13:13
  Timing of IPO reflects heightened investor excitement for online shopping during pandemic
  
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• Matchesfashion names new finance & operating chiefs

  14-09-2020 12:46 via retailgazette.co.uk
  // Sean Glithero to join Matchesfashion as its new CFO at the end of this month
  // Jason Weston to join as COO, replacing Tom Athron who is leaving the fashion retailer
  // Both will report to Ajay Kavan, who has been CEO since MarchMatchesfashion has appointed a new chief financial officer and a new chief operating officer as part of changes to its senior leadership.
  Sean Glithero is set to step into the finance chief role from the end of this month, while Jason Weston will replace Tom Athron, w
  
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• Retail entrepreneur Sir Terence Conran dies at 88

  14-09-2020 12:15 via retailgazette.co.uk
  // Tributes paid to “visionary” Sir Terence Conran after death at 88
  // He founded furniture retailer Habitat and also had an influence in Heal’s and Mothercare
  // xHe also created furniture for M&STributes have been paid to “visionary” designer and retail entrepreneur Sir Terence Conran who has died aged 88.
  The Habitat founder was credited with bringing quality designs to the high street that “revolutionised the way we live in Britain”.
  He died on
  
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• Walmart announces it is trialing 1 hour drone delivery

  14-09-2020 12:04 via chargedretail.co.uk
  
  Walmart on Monday revealed it will be trialing one hour autonomous drone deliveries in 2021.
  The retail giant said it had established a partnership with Zipline, a medical supply drone delivery company.
  Walmart will now experiment with sending out medical, health and wellness products in a pilot programme in Northwest Arkansas in early 2021, next to Walmart’s headquarters in Bentonville.
  READ MORE: Walmart plans to catch drone deliveries in nets according to new patents
  Zipline’
  
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• Amazon to hire further 100,000 workers in US and Canada

  14-09-2020 11:36
  Fresh recruitment spree will push employee numbers at online retailer close to 1m
  
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• The Hut Group founder Matthew Moulding to sell £54m worth of shares

  14-09-2020 10:19 via retailgazette.co.uk
  // The Hut Group founder Matthew Moulding plans on selling shares worth £54m in its £5.4bn stock market listing
  // He said he will be using the sale to fund the transfer of its property into his ownershipThe Hut Group founder Matthew Moulding is selling shares worth £54 million in its £5.4 billion stock market listing.
  Moulding, who founded the online retailer in 2004, is selling shares despite assurances from advisers that he would hold on to all of his stock.
  He sa
  
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• Dr Martens eyes UK stock market float in early 2021

  14-09-2020 09:58 via retailgazette.co.uk
  // Dr Martens owner Permira drafts in advisers from Lazard for UK float in early 2021 – sources
  // Permira may also resume sale talks with Carlyle, which had expressed interest in buying Dr Martens pre-pandemicDr Martens’ private equity owner has reportedly hired Lazard to prepare a stock market listing of the British footwear brand and retailer.
  According to sources speaking to Reuters, Permira is looking at a London stock exchange listing sometime early next year.
  Permira, which ac
  
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• Jo Malone apologises to John Boyega for removing him from Chinese ad

  14-09-2020 09:49 via retailgazette.co.uk
  // Jo Malone apologises to actor John Boyega for axing his scene from Chinese ad
  // The ad replaced Boyega with Chinese actor Liu HaoranJo Malone has “deeply apologised” to Star Wars actor John Boyega after cutting his scene out of a Chinese advert he helped create.
  The ad, which was shown in China, had featured Boyega walking around Peckham, the London neighbourhood where he grew up.
  However, the British actor’s scene was replaced by Chinese actor Liu Haoran.
  The original vide
  
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• Jo Malone apologises to actor John Boyega for removing him from Chinese ad

  14-09-2020 09:49 via retailgazette.co.uk
  // Jo Malone apologises to actor John Boyega for axing his scene from Chinese ad
  // The ad replaced Boyega with Chinese actor Liu HaoranJo Malone has “deeply apologised” to Star Wars actor John Boyega after cutting his scene out of a Chinese advert he helped create.
  The ad, which was shown in China, had featured Boyega walking around Peckham, the London neighbourhood where he grew up.
  However, the British actor’s scene was replaced by Chinese actor Liu Haoran.
  The original vide
  
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• 700,000 jobs could be axed as furlough scheme comes to an end

  14-09-2020 09:00 via retailgazette.co.uk
  // The end of the furlough scheme could result in 700,000 jobs losses
  // Some of the largest retailers have announced thousands of cuts, including Marks and Spencer and John LewisNew research has found that a total of 700,000 jobs could be scrapped as the government’s coronavirus job retention scheme draws to a close.
  The Institute for Employment Studies estimated that there will be 450,000 job losses in the coming months and warned it could exceed 700,000 if employers continue to make red
  
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• Aldi trials UK click-and-collect for first time

  14-09-2020 08:26 via retailgazette.co.uk
  // Aldi begins click-and-collect trial across the UK
  // The trial will be offered to colleagues and extended to customers if proved successfulAldi has begun its first ever UK click-and-collect service as part of a trial as it plans to offer “greater flexibility” to its customers.
  The German discounter is currently running a trial of the service for its colleagues from a store in the Midlands and plans to extend that to customers in the coming weeks.
  Customers will be able to choose f
  
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• Waitrose opens new store in Dubai

  14-09-2020 01:00 via theretailbulletin.com
  
  Waitrose has opened a new convenience shop in Dubai as part of its ongoing partnership with Fine Fare Food Market. The store is the retailer’s sixth in Dubai... View Article
  
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• Tottenham Hotpsur launches store on Amazon

  14-09-2020 01:00 via theretailbulletin.com
  
  Tottenham Hotspur  has launched an online store on Amazon. The move marks the first time a Premier League football club has opened a branded store on the retail platform although SSC... View Article
  
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• Morrisons begins doorstep deliveries to retirement communities

  14-09-2020 01:00 via theretailbulletin.com
  
  Morrisons has teamed up with the McCarthy & Stone to extend its doorstep food delivery service to homeowners within McCarthy & Stone retirement communities. The move follows a successful trial... View Article
  
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• Morrisons acquires Lincolnshire outdoor plant business

  14-09-2020 01:00 via theretailbulletin.com
  
  Morrisons has acquired outdoor plant supplier Lansen Nursery. Based in Spalding, the company has been supplying Morrisons for the last 20 years. Morrisons said the purchase... View Article
  
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• Midcounties Co-operative hails record local goods sales

  14-09-2020 01:00 via theretailbulletin.com
  The Midcounties Co-operative has seen record sales of locally-made goods after the retailer moved to support local suppliers at the height of the Covid-19 pandemic. The... View Article
  
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• Matalan chief executive steps down

  14-09-2020 01:00 via theretailbulletin.com
  
  Matalan’s chief executive Jason Hargreaves has announced that he is stepping down from his role. He has been working in the position for the last seven years at the business his... View Article
  
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• David M Robinson signs lease renewal for Liverpool ONE

  14-09-2020 01:00 via theretailbulletin.com
  
  Liverpool ONE has announced that luxury jewellery retailer David M Robinson has committed to a five-year lease renewal for its shop on the centre’s South John Street.  DMR has operated a... View Article
  
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• Burberry to livestream fashion show with Twitch

  14-09-2020 01:00 via theretailbulletin.com
  
  Burberry has teamed up with live video streaming service Twitch to enable people to view its Spring/Summer 2021 show virtually. Set outdoors in the UK, the fashion... View Article
  
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• Aldi trials click and collect service

  14-09-2020 01:00 via theretailbulletin.com
  Aldi is trialling its first click-and-collect service in the UK. The pilot is currently being run for Aldi staff working from a store in the Midlands. If successful, it will... View Article
  
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