Retail news

• Friday Fun One : Morrisons’ sacks of wet boiled eggs

  18-09-2020 17:54 via retailgazette.co.uk
  This week, Morrisons shoppers were left shocked, disgusted or simply confused after finding a “wretched” packs of wet boiled eggs preserved in a mysterious liquid on the supermarket’s shelves.
  The huge packs were spotted in the meal deal section by the Twitter user @TrumpetSexy in a Morrisons store, sending social media users into a frenzy with questions, wisecracks and memes.
  “My local Morrisons is selling actual sacks of wet eggs,” they tweeted.
  “This is th
  
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• John Lewis Partnership to roll out joint loyalty scheme for Waitrose & John Lewis

  18-09-2020 17:38 via retailgazette.co.uk
  // John Lewis Partnership to roll out combined loyalty card scheme for John Lewis and Waitrose
  // Follows a trial in which 60,000 MyWaitrose & My John Lewis members were given a combined cardThe John Lewis Partnership is reportedly planning to combine its customer loyalty scheme across Waitrose and John Lewis as part of an integration scheme for the two fascias.
  While no launch date has been confirmed for the roll out, Waitrose executive director James Bailey told The Grocer it would &l
  
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• Gov’t in “listening mode” on business rates holiday extension – Sadiq Khan

  18-09-2020 17:21 via retailgazette.co.uk
  // London Mayor Sadiq Khan says the government is in “listening mode” over the business rates holiday extension
  // He first made the plea on Friday morning
  // He has joined with local councils in London call for an extension to the 2021/22 financial yearLondon Mayor Sadiq Khan has said the UK Government is in “listening mode” after he made a plea for them to extend the business rates holiday for another year.
  After the coronavirus pandemic hit the UK, business rates for r
  
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• Poundland launches beers, wines and spirits trial

  18-09-2020 17:13 via retailgazette.co.uk
  // Poundland branches out to alcohol with aisles of beers, wines, spirits and ciders in selected stores
  // The discount retailer will trial and test which ranges should be part of a wider roll out in 2021Poundland has unveiled aisles of beers, wines, spirits and ciders in selected stores as it broadens its offering for customers as part of a wider transformation scheme.
  The discount retailer said the new “shop-in-shop” concept will bring some of the UK’s favourite tipples into
  
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• Linn Academy 2020 Virtual

  18-09-2020 17:01 via retailgazette.co.uk
  What is Linn Academy?
  Linn Academy is the educational eCommerce event that brings together retail professionals, brand leaders and industry experts, to discuss the latest strategies and tools for taking advantage of the rapidly changing eCommerce landscape.
  The event covers a broad range of topics, from the future of customer engagement and strategies to grow revenue, to finding the right marketplace fit for your business. Every session will give you actionable insights you can implement in your
  
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• Footfall in London’s West End remains stubbornly low

  18-09-2020 16:38 via retailgazette.co.uk
  // Three months after lockdown weekly footfall remains down 56% on last year
  // New West End Company, which compiled the data, says footfall recovery since July has stalledFootfall in London’s West End remains stubbornly low, with visitor numbers still more than half of what it was this time last year as travel restrictions and lack of workers returning to offices continuing to have a knock-on effect.
  The latest data from New West End Company, which represents 600 businesses across the Oxf
  
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• UK retail sales bounce back but economists fear grim autumn ahead – as it happened

  18-09-2020 16:03
  
  Rolling live coverage of business, economics and financial markets as retail sales volumes rise by 0.8% in AugustAs many as 5.3m UK workers still on furlough at end of JulyEconomists warn that positive retail picture may worsen in winterRyanair cuts October flight plans and attacks Irish governmentFTSE 100 posts declines as industrials drag 3.03pm BST The continued rebound of UK retail sales has offered hope for a V-shaped economic recovery, but economists are increasingly questioning whether it
  
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• Retail Gazette Loves: The Rolling Stones’ first flagship store

  18-09-2020 15:43 via retailgazette.co.uk
  The rock ‘n’ roll legends that are The Rolling Stones have opened the doors to their world-first flagship store, RS No. 9 Carnaby, in London’s Soho.
  The new store, created in partnership Universal Music Group’s merchandise and brand management company Bravado, features hallmarks of the band as well as its new fashion label.
  The band’s album and single releases are key elements of the store, with music on offer to buy including the Goats Head Soup album and Scarlet
  
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• Boohoo expands to the Middle East

  18-09-2020 14:20 via retailgazette.co.uk
  // Boohoo to launch dedicated online store for the Middle East next week
  // The expansion will cater shoppers in Saudi Arabia, the UAE, Qatar, Kuwait, Oman, Bahrain and JordanBoohoo has announced the launch of a dedicated ecommerce platform for the Middle East, whereby it will serve seven countries mostly focused around the Gulf region.
  Boohoo said its expansion into the Arab world aims to further tap into its regional audience with an exclusive website that caters to Saudi Arabia, the UAE, Qata
  
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• Ocado’s market value tops £20bn for the first time, just £1bn less than Tesco

  18-09-2020 14:10 via chargedretail.co.uk
  
  Ocado’s market capitalisation topped £20 billion this week as its share price continued to rally to record levels.
  Thursday afternoon saw Ocado’s share price rise to a record high of 2756p per share on Friday morning, seeing its market capitalisation surpass £20 billion for the first time.
  Its £20.2 billion value is now just below Tesco’s £21.3 billion and nearly five times Sainsbury’s market capitalisation of £4.36 billion.
  The sharp rise co
  
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• Amazon reveals that over 90% of listings in most categories are now from 3rd party sellers

  18-09-2020 12:00 via chargedretail.co.uk
  
  Amazon says that more than 90 per cent of products listed on its site in most categories now come from third-party sellers.
  In a letter to the House Antitrust Subcommittee, which is currently investigating the practices of US tech giants Amazon, Google, Facebook and Apple, Amazon laid bare rarely seen details about how it works with third-party sellers.
  According to the 55-page report, over 90 per cent of listed items in six of Amazon’s top seven categories came from third party sellers la
  
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• UK retail sales bounce back but economists fear grim autumn ahead – business live

  18-09-2020 10:39
  
  Rolling live coverage of business, economics and financial markets as retail sales volumes rise by 0.8% in AugustEconomists warn that positive retail picture may worsen in winterMixed picture across retail sector, with clothes shops sufferingFTSE 100 posts declines as industrials drag 9.39am BST Some news from this morning for stock exchange followers: the London Stock Exchange Group is getting closer to selling the main Italian bourse to French rival Euronext.Dubbed “Project Botticelli&rd
  
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• Harrods launches beauty concept store at Intu Lakeside

  18-09-2020 10:29 via retailgazette.co.uk
  // Harrods launches H Beauty concept at Intu Lakeside centre
  // The space offers a range of premium and luxury brands
  // A click-and-collect service will be introduced later this monthHarrods has opened the doors to its new standalone beauty store concept at the Intu Lakeside shopping centre.
  The concept, known as H Beauty, offers a range of premium and luxury brands under one roof and includes onsite treatments, consultations and demonstrations.
  Brands such as Chanel, La Prairie, Creed, Huda Be
  
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• Sainsbury’s shares rise after Czech billionaire snaps up major stake

  18-09-2020 10:04 via retailgazette.co.uk
  // Major Sainsbury’s stake snapped up by Czech billionaire
  // Businessman Daniel Kretinsky now holds a 3.05% stake
  // Sainsbury’s shares rose by more than 3% following the purchaseSainsbury’s has seen a Czech investor snap up a major stake in the business, making him the fourth largest shareholder.
  Billionaire businessman Daniel Kretinsky now holds a 3.05 per cent stake worth £125 million in the Big 4 grocer.
  He is also a major shareholder in the Royal Mail.READ MORE:Sain
  
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• London Mayor Sadiq Khan calls for extension to business rates holiday

  18-09-2020 10:03 via retailgazette.co.uk
  // Sadiq Khan urges the UK Government to extend the business rates holiday
  // He has joined with local councils in London call for an extension to the 2021/22 financial year
  // There are fears thousands of jobs could be lost in London and across the country once it business rates returnLondon Mayor Sadiq Khan is urging the UK Government to extend the business rates holiday for another year over fears thousands of jobs could be lost in London and across the country.
  After the coronavirus pandemic
  
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• LVMH to block Tiffany & Co court petition

  18-09-2020 09:46 via retailgazette.co.uk
  // LVMH aims to block Tiffany & Co petition seeking to fast-track legal proceedings
  // The lawsuit from Tiffany & Co comes after LVMH exited the proposed £12 billion mergerLouis Vuitton owner LVMH is seeking to block a petition launched by US jeweller Tiffany & Co, attempting to fast-track legal proceedings in the US after LVMH backflipped on their proposed $16 billion (£12 billion) merger.
  The French luxury group had agreed upon the merger last year, but called off plans
  
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• DIY spending increase drives fourth month of UK sales recovery

  18-09-2020 09:37
  
  Retail volume rose 0.8% in August as shoppers returned to high street after coronavirus lockdown easingCoronavirus – latest updatesSee all our coronavirus coverageUK retail sales increased for the fourth consecutive month in August amid a rise in spending on DIY and home improvements, as shoppers gradually return to the high street after the easing of lockdown.Continuing a recovery in consumer spending as more shops reopened across Britain, the Office for National Statistics said the volum
  
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• DIY sales jump drives fourth month of UK retail sales recovery – business live

  18-09-2020 09:11
  
  Rolling live coverage of business, economics and financial markets8.11am BST It’s looking like a fairly dreary start on stock market indices across Europe.The FTSE 100’s declines have been led by industrials such as GKN owner Melrose, jet engine maker Rolls-Royce and weapons maker BAE Systems. Gold and silver miner Polymetal was the worst performer after its biggest shareholder sold its stake.7.56am BST Good morning, and welcome to our live coverage of business, economics and global
  
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• Westfield owner to raise £3.2bn and offload European assets

  18-09-2020 09:00 via retailgazette.co.uk
  // Unibail-Rodamco-Westfield to fundraise £3.2bn to boost balance sheet
  // The Westfield owner has outlined its ‘€9+ bn (£8.1bn) reset’ plan
  // Its plans include reducing its US regional shopping centre footprintThe parent company of Westfield has revealed plans to raise €3.5 billion (£3.2 billion) in a bid to boost its balance sheet amid the impact of the Covid-19 pandemic.
  Unibail-Rodamco-Westfield has outlined its ‘€9+ billion (£8.1 bil
  
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• Retail sales volumes rise for fourth consecutive month in August

  18-09-2020 09:00 via retailgazette.co.uk
  // UK retail sales rose in August for the fourth consecutive month
  // Sales volumes increased by 0.8% compared with July
  // August also saw a 4% increase in sales compared with FebruaryRetail sales in the UK rose in August for the fourth consecutive month, thanks to demand across the homewares range, according to new research.
  Sales volumes last month increased by 0.8 per cent compared with July, the ONS found.
  August also saw a four per cent increase in sales compared with February, which was p
  
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• UK retail sales rise in August for fourth consecutive month

  18-09-2020 08:22
  Volume of goods sold was 4 per cent higher than in February before the lockdown
  
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• UK retail sales rise for fourth consecutive month

  18-09-2020 08:22
  August volume of goods sold in stores and online 4% higher than pre-lockdown in February, ONS data show
  
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• Westfield London and Timberland team up to create nature reserve

  18-09-2020 01:00 via theretailbulletin.com
  
  Westfield London has teamed up with Timberland in a three-year partnership to launch an accessible and biodiverse nature reserve at its West London shopping destination. Forming... View Article
  
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• Harrods opens new beauty concept at Intu Lakeside

  18-09-2020 01:00 via theretailbulletin.com
  
  Harrod’s has launched a new standalone beauty store concept at the Intu lakeside shopping destination. Called H Beauty, the store occupies 23,000 square feet of space... View Article
  
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• Footfall remains stubbornly low in London’s West End

  18-09-2020 01:00 via theretailbulletin.com
  
  New figures have revealed that the number of people visiting London’s West End has remained stubbornly low since the easing of Covid-19 lockdown restrictions. Latest data... View Article
  
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• Central Engand Co-op starts body cam trial to help keep store staff safe

  18-09-2020 01:00 via theretailbulletin.com
  
  Central England Co-op has begun a trial of body cameras to help  keep store staff and security guards safe from acts of violence in-store. The trial... View Article
  
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• Camberley shopping centre seeking interested businesses for first full private 5G infrastructure shopping centre in the UK

  18-09-2020 01:00 via theretailbulletin.com
  
  The owners of The Square Shopping Centre in Camberley (Surrey) are seeking expressions of interest from businesses and retailers who want to experience and test the... View Article
  
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