Retail news

• Deloitte resigns as EG Group auditor over governance concerns

  14-10-2020 20:21
  Petrol stations group loses Big Four firm soon after its owners seal £6.8bn deal to buy Asda from Walmart
  
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• With Amazon’s power comes great responsibility

  14-10-2020 19:31
  Pandemic has made the Seattle-based group synonymous with online retail
  
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• With Amazon’s power comes great responsibilities

  14-10-2020 19:31
  Pandemic has made the Seattle-based group synonymous with online retail
  
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• Walmart to spread ‘Black Friday’ over several days

  14-10-2020 18:33
  Retailer plans ‘revamped’ US holiday discount shopping event to reduce crowds amid pandemic
  
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• Walmart plans to spread ‘Black Friday’ over several days

  14-10-2020 18:33
  World’s largest retailer plans ‘revamped’ holiday shopping event to reduce crowds amid the pandemic
  
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• Asos counts cost of maintaining social distance from fast-fashion rivals

  14-10-2020 17:34
  Asos wants to be seen as a cut above; Covid-19 bumps up Bunzl
  
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• Does Moonpig’s online success threaten physical gifting retailers?

  14-10-2020 16:47 via retailgazette.co.uk
  The online greeting card market in the UK is expected to increase at an annual rate of 4.3 per cent as retailers take the edge over traditional bricks-and-mortar gift and card chains.
  A 2015 report by market research firm Ibis World predicted that the online greeting card retail industry in the UK would reach a value of £133.4 million by 2020.
  Following the Covid-19 pandemic, the sector benefited from strong expansion in the wider online retail market as consumers searched for cheaper dea
  
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• PayPal launches “buy now, pay later” scheme in the UK for items up to £2000

  14-10-2020 15:48 via chargedretail.co.uk
  
  PayPal is launching a new “buy now, pay later” (BNPL) option for purchases of up to £2000 for any stores which offer PayPal as a payment method in the UK.
  “PayPal Pay in 3” is the company’s latest major push into the BNPL space and will be available to customers ahead of this year’s peak shopping season.
  Shoppers can now access the payment plan, which allows them to pay for any purchase between £45 and £2000 in three interest-free installment
  
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• Debenhams launches new toy concession concept

  14-10-2020 14:19 via retailgazette.co.uk
  // Debenhams unveils Toys At Debenhams concession concept in time for half term & Christmas
  // The concept will be rolled out up to 100 Debenhams stores and onlineDebenhams has announced the launch of a new toy concession concept called Toys At Debenhams, just in time for half term and the upcoming Christmas trading season.
  The department store chain, which is currently going through a sales process as part of an administration, said the concept is now open in around 20 stores as well as onl
  
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• Morrisons removes glitter across all own-brand items

  14-10-2020 14:01 via retailgazette.co.uk
  // Morrisons removes glitter completely across all its own-brand ranges in latest step in its war on plastic
  // This means Christmas crackers will now be 100% plastic-free as traditional disposable toys have been removed
  // All cards, wrapping paper and cracker shells and packaging are fully recyclable at kerbsideMorrisons has removed glitter entirely from its own-brand ranges of greetings cards, gift wrap, seasonal items and horticulture in stores.
  This means all Morrisons-branded cards, cracke
  
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• Fashion retailer Asos warns on outlook for consumer spending

  14-10-2020 13:57
  Lower return rates, costs and capex help boost online group’s full-year profits
  
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• Shopworkers facing abuse from revellers leaving pubs at 10pm – union

  14-10-2020 13:33 via retailgazette.co.uk
  // 1/2 of shopworkers have faced abuse or anti-social behaviour due to the 10pm curfew on hospitality venues
  // 1/4 said overcrowding had made social distancing difficult in shops
  // Usdaw says its survey shows that the curfew has created problems for shopworkersAround half of retail shopworkers have suffered abuse and anti-social behaviour as a result of the government-imposed 10pm curfew on pubs, bars and restaurants, according to a study.
  A survey of 1000 members of Usdaw found that many had
  
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• Ebay introduces “Authenticity Guarantee” for all sneakers over $100

  14-10-2020 12:00 via chargedretail.co.uk
  
  Ebay is introducing a new “Authenticity Guarantee” service for all sneaker sales over $100 as it seeks to capitalise on the multi-billion-dollar sneaker resale market.
  Ebay, which is estimated to sell the equivalent of one sneaker ever 1.5 seconds on its platform, is planning to roll out the authentication service for the most popular sneaker styles and brands this month.
  By early 2021 all new and pre-owned trainers being sold for over $100 will be fully vetted and verified by a team
  
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• Asos profits quadruple as demand for casual wear soars in lockdown

  14-10-2020 10:38
  
  Retailer adds another 3.1m customers but cautious over Brexit and disposable incomesThe online fashion specialist Asos more than quadrupled profits as its mainly 20-something shoppers snapped up comfy casual wear and skincare products during lockdown.It added a further 3.1 million shoppers to its active customer base, taking the total to 23.4 million, and said it had made a “solid” start to the year. However, the group remains cautious on outlook because of the impact of the coronavi
  
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• Bensons for Beds puts Black Friday to bed by switching to “Black November”

  14-10-2020 10:33 via retailgazette.co.uk
  // Bensons for Beds to scrap Black Friday and replace it with month-long “Black November”
  // It makes it the latest British retailer to push back against the popular sales event from the US
  // Bensons for Beds also wanted to crowds and long queues due to the Covid-19 pandemicBensons for Beds is set to scrap Black Friday promotions this year and shift the focus to special offers and deals throughout most of November.
  Dubbed “Black November”, the campaign makes Bensons for
  
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• Amazon to escape UK digital services tax that will hit smaller traders

  14-10-2020 10:23
  
  US tech company’s third-party sellers face a 2% rise in the amount they payAmazon will not have to pay the UK’s new digital services tax on products it sells directly to consumers but small traders who sell products on its site will face increased charges.The tax, which aims to get tech companies such as Amazon, Google and Facebook to pay more tax in the UK, is forecast to eventually bring in about £500m annually to the exchequer. Continue reading...
  
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• Asda partners with The Entertainer

  14-10-2020 10:05 via retailgazette.co.uk
  // Asda announces a partnership with toy retail chain The Entertainer
  // The partnership will see the Entertainer take over the toy category in 5 Asda stores on a trial basis
  // The Entertainer will also have full responsibility for products, pricing & merchandising in these storesBig 4 giant Asda has partnered with toy retail chain The Entertainer as part of the former’s “test and learn” partnership strategy.
  The new partnership will see The Entertainer turn the toy aisles
  
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• Asos sounds cautious note on consumer demand

  14-10-2020 09:28
  Lower return rates, costs and capex help online retailer’s full-year profits recover
  
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• AO establishes new partnership with Armed Forces charity SSAFA

  14-10-2020 09:01 via retailgazette.co.uk
  // AO begins new charity work with SSAFA supplying white goods to beneficiaries
  // Partnership forms part of AO’s Supported Living divisionOnline electrical retailer AO has announced a new partnership with SSAFA, the Armed Forces charity.
  AO will now be SSAFA’s white goods supplier of choice, with beneficiaries given access to appliances at a fixed discount.
  AO’s Supported Living division was established in April 2019 to provide appliances and customers services to charities an
  
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• Asos full year sales up almost 20% to £3.26bn during summer of lockdown

  14-10-2020 08:42 via retailgazette.co.uk
  // Asos UK sales rise 18% to almost £1.2 bn
  // Fashion retailer made pretax profit of £142m for full year
  // CEO says Asos will remain cautious of coronavirus outlook while “economic prospects and lifestyles of 20-somethings remain disrupted”Asos on Wednesday announced group sales for the year rose 19 per cent to £3.26 billion.
  The online-only fashion retailer saw UK retail sales rise 18 per cent to £1.18 billion, while international retail sales rose 20 per c
  
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• Asos full year sales up almost 20% to £3.26bn

  14-10-2020 08:42 via retailgazette.co.uk
  // Asos UK sales rise 18% to almost £1.2bn
  // Online fashion retailer made pre-tax profit of £142m for full year
  // Asos outlook remains cautious while “economic prospects and lifestyles of 20-somethings remain disrupted”Asos on Wednesday announced group sales for the year rose 19 per cent to £3.26 billion.
  The online-only fashion retailer saw UK retail sales rise 18 per cent to £1.18 billion, while international retail sales rose 20 per cent to £1.99 bi
  
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• Digital purchases prove to be a piece of cake for UK bakery in pandemic

  14-10-2020 05:00
  Big Bakes sees online demand surge as customers embrace shift to contact-free payments
  
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• Tata looks to Big Basket deal for online groceries push

  14-10-2020 01:01
  Conglomerate has fallen behind Reliance and Amazon in India’s internet retail boom
  
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• Waitrose launches first dedicated overseas ecommerce offering

  14-10-2020 01:00 via theretailbulletin.com
  
  Waitrose has announced that its customers in the United Arab Emirates will now be able to order its products online for home delivery through its first... View Article
  
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• Save Time and Reduce Costs – Create Staff Rosters in Minutes

  14-10-2020 01:00 via theretailbulletin.com
  
  With Softworks creating and managing staff rosters and schedules couldn’t be easier. Using their scheduling wizard, it’s quick, painless, flexible and accurate. You can be 100%... View Article
  
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• Q&A: Michel Spruijt, Vice President and General Manager, Brain Corp Europe

  14-10-2020 01:00 via theretailbulletin.com
  
  Michel Spruijt joined Brain Corp as the Vice President and General Manager of Brain Corp Europe in 2019. Michel is responsible for partner support, team expansion,... View Article
  
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• Pret A Manger expands motorway service presence through Moto partnership

  14-10-2020 01:00 via theretailbulletin.com
  
  Pret A Manger is to expand its presence at motoway service areas through a new partnership with Moto. The move will enable the sandwich shop chain... View Article
  
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• Physical safety, psychological security, job stability: employees worldwide share top COVID-19 concerns for the workplace of today and tomorrow

  14-10-2020 01:00 via theretailbulletin.com
  
  The Workforce Institute at UKG uncovers lessons learned from the early months of the pandemic to create inspiring workplaces through 2021. In a sweeping survey of... View Article
  
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• Knoops appoints Mark Dunhill to board

  14-10-2020 01:00 via theretailbulletin.com
  
  Speciality drinking chocolate retailer Knoops has appointed former Whittard of Chelsea chief executive Mark Dunhill to its board. In a statement, Knoops said Dunhill has been... View Article
  
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• Free webinar: Employee Rostering, create staff schedules in minutes with Softworks

  14-10-2020 01:00 via theretailbulletin.com
  
  Softworks, a leading provider of workforce management software is hosting a free webinar on Thursday, October 22nd at 3PM GMT. Learn how the latest in Staff... View Article
  
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• Employee Rostering – Create Retail Schedules in Minutes

  14-10-2020 01:00 via theretailbulletin.com
  
  With Softworks creating and managing staff rosters and schedules couldn’t be easier. Using their scheduling wizard, it’s quick, painless, flexible and accurate. You can be 100%... View Article
  
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• DPD teams up with Collect+ to expand parcel shop network

  14-10-2020 01:00 via theretailbulletin.com
  
  DPD has struck a deal with Paypoint in which over 3,000 Collect+ parcel shops will be added to the DPD Pickup network. The new deal will... View Article
  
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• ASOS posts strong full year sales and profit growth

  14-10-2020 01:00 via theretailbulletin.com
  
  Online fashion retailer ASOS has posted a strong increase in both sales and profits in the year to 31 August after it benefited from a significant... View Article
  
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• AO embarks on charity partnership with SSAFA

  14-10-2020 01:00 via theretailbulletin.com
  
  Online electricals retailer AO has has embarked on a national partnership with SSAFA, the armed forces charity. The company has become SSAFA’s white goods supplier of... View Article
  
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