Retail news

• Break Up With Your Clunky Site Search

  24-01-2023 17:26 via retailgazette.co.uk
  
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• Primark enjoys bumper festive UK sales thanks to heels and baggy suits

  24-01-2023 16:27
  
  Owner ABF says its grocery brands such as Twinings and Kingsmill also increased tradingStrong sales of heels, baggy suits and knitwear propelled Primark’s sales ahead of expectations over Christmas as shoppers returned to city centres and consumer spending was more resilient than anticipated.Sales at the cut-price fashion chain’s established stores rose by 11% in the four months to 17 January, compared with the same period a year before, as the owner, Associated British Foods (ABF),
  
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• Tesco staff go head to head in 2023 global hackathon

  24-01-2023 16:08 via retailgazette.co.uk
  
  // Tesco’s 2023 global hackathon kicks off this week
  // Over two days, teams will come together and look at how coding can help to find a technology solution to a real retail problemThis week Tesco is set to kick off its annual global hackathon where teams of colleagues in the UK, Central Europe and India go head to head in a competition that champions technology, collaboration and innovation.
  Over two days, the grocery giant‘s teams will come together and look at how coding can help
  
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• Former Topshop workers close to receiving retirement payouts in £1bn deal

  24-01-2023 14:18 via retailgazette.co.uk
  
  // Aviva is close to finalising a £1bn deal with Arcadia that will guarantee retirement payouts to thousands of former Topshop, Burton and Dorothy Perkins employees
  // If agreed, it would bring to an end negotiations about one of the UK’s most controversial corporate pension schemesThousands of pensioners left facing an uncertain retirement following the collapse of Sir Philip Green’s Arcadia empire are close to securing a funding deal backed by Aviva.
  Sky News reported that th
  
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• Furniture Village names new MD amid a board shake up

  24-01-2023 14:11 via retailgazette.co.uk
  
  // Furniture Village has made several internal promotions, including naming Charlie Harrison as its new managing director
  // Its the first major move since the retailer returned to being fully family owned in DecemberFurniture Village has named the founder’s son Charlie Harrison as its new managing director and unveiled a raft of internal promotions, just weeks after the business returned to being fully family owned
  BGF – formerly the Business Growth Fund – exited Furnitur
  
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• Amazon U-turns on grocery strategy by opening new store in Croydon

  24-01-2023 13:27 via retailgazette.co.uk
  
  Amazon has opened a new Fresh grocery store in the London borough of Croydon, just days after closing one of its stores in Dalston, north east London.
  The store, which uses the company’s Just Walk Out technology solution, will enable visitors to walk do their shopping without needing to visit a checkout.READ THE FULL STORY HERE
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• Fashion chain Primark posts record Christmas sales

  24-01-2023 13:07
  Parent company ABF says stronger US dollar and price rises helped boost its profits
  
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• Charity raises £10,000 from Cartier watch found in donations bag

  24-01-2023 12:52
  
  Tank Française watch, favoured by stars such as Michelle Obama, sets record for British Heart FoundationThe British Heart Foundation has sold a gold Cartier watch for almost £10,000 on auction site eBay, after it turned up in a bag of donations handed in at a shop in Hounslow, west London.The 18 carat Tank Française watch, favoured by celebrities such as Michelle Obama and Diana, Princess of Wales, set a record for the charity, which sold 236,000 donated items online last yea
  
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• Boots reveals ‘biggest ever savings’ as it focuses on value

  24-01-2023 12:43 via retailgazette.co.uk
  
  // Boots introduces “biggest ever savings” to support customers amid rising inflation
  // It has expanded its ‘Boots Everyday’ range and renewed its Price Lock initiativeBoots has revealed its “biggest ever savings” to help support cash-strapped shoppers during the cost-of-living crisis.
  The health and beauty retailer has added 60 new lines to its ‘Boots Everyday’ value range, and has also renewed its Price Lock initiative by freezing prices on esse
  
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• Primark enjoys bumper festive UK sales as shoppers head to city centres

  24-01-2023 12:18
  
  Owner ABF says its grocery brands such as Twinings and Kingsmill also increased tradingPrimark’s sales rose ahead of expectations over Christmas as shoppers returned to city centres and consumer spending was more resilient than anticipated.Sales at the cut-price fashion chain’s established stores rose by 11% in the four months to 17 January, compared with the same period a year before, as owner Associated British Foods (ABF) said it had sold more items of clothing while prices had al
  
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• Morrisons to axe 160 McColl’s head office roles

  24-01-2023 12:18 via retailgazette.co.uk
  
  // READ MORE ON GROCERY GAZETTEMorrisons is to cut 160 McColl’s head office roles as it continues to set out plans to integrate the convenience store chain into its grocery business.
  The supermarket chain rescued the symbol group retailer from administration earlier this year in a £190m rescue bid which saved around 16,000 jobs at the time.
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• Primark sales smash £3bn over Christmas but warns on cost pressures

  24-01-2023 09:12 via retailgazette.co.uk
  
  // Primark sales rise over Christmas thanks to demand for value
  // The retailer plans to open a further 17 new stores in the course of the yearPrimark sales climbed 18% to £3.15bn in the 16 weeks to January 7, thanks to a “very strong Christmas period”.
  Owner Associated British Foods said Primark had a record week in the run-up to Christmas as cash-strapped shoppers sought value.
  Despite the encouraging trading, the group warned on ”macroeconomic headwinds” tha
  
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• Ex-Topps Tiles boss Williams snaps up Tile Giant

  24-01-2023 08:47 via retailgazette.co.uk
  
  // Tile Giant has been snapped up by former Topps Tiles chief executive Matt Williams
  // The tile retailer’s chief executive Michael Ashley is replaced by Nathan BurkeyFormer Topps Tiles chief executive Matt Williams has acquired its big rival Tile Giant, it has emerged.
  Stiled, a company owned by Williams, bought the retailer, which operates more than 80 stores nationwide, for an undisclosed sum earlier this month.
  Tile Giant’s chief executive Mike Ashley has stepped down from
  
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• THG hires board member Damian Sanders as new finance chief

  24-01-2023 08:38 via retailgazette.co.uk
  
  // THG hires new finance chief
  // Damian Sanders will replace John GallemoreTHG has appointed board member Damian Sanders as its new chief financial officer.
  Sanders will replace John Gallemore, who has been promoted to chief operating officer.
  The online retailer said Sanders has an “in-depth understanding” of THG’s businesses, people and culture, having been a member of the board for the past two years.Subscribe to Retail Gazette for free
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• Whistl launch fast tracked UK to USA delivery service for SMEs

  24-01-2023 01:00 via theretailbulletin.com
  
  Whistl, the UKs leading logistics specialists in fulfilment, mail and parcels, has launched a fast tracked service for SMEs that send over 40 items a day... View Article
  
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• Townhouse to join line-up at Chelsea’s King’s Road

  24-01-2023 01:00 via theretailbulletin.com
  
  Premium nailcare brand Townhouse has chosen Chelsea’s King’s Road for the opening of its tenth location. Due to launch at the end of this month, the... View Article
  
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• THG appoints board member as chief financial officer

  24-01-2023 01:00 via theretailbulletin.com
  
  THG has appointed Damian Sanders as chief financial officer with immediate effect following an extensive UK and international search. Sanders has been a member of THG’s... View Article
  
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• Tesco to use discarded plastic collected from coastal areas in fresh fish packaging

  24-01-2023 01:00 via theretailbulletin.com
  
  Tesco is to unveil fish packs containing at least 30% recycled coastal plastic collected from beaches, coastlines, and coastal communities around the Mediterranean Sea. Plastic waste... View Article
  
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• Sandbox VR selects Birmingham’s Grand Central for biggest location to date

  24-01-2023 01:00 via theretailbulletin.com
  
  Hammerson has signed virtual reality experience Sandbox VR as part of plans to diversify the use of Grand Central through the addition of new brands, entertainment... View Article
  
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• Primark posts surge in Christmas sales

  24-01-2023 01:00 via theretailbulletin.com
  
  Primark has reported “very strong” trading in the lead-up to Christmas with good performances across all of its markets. The fashion retailer’s owner, Associated British Foods,... View Article
  
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• Mango launches sustainable denim capsule with Indira Scott

  24-01-2023 01:00 via theretailbulletin.com
  
  European Fashion group Mango is taking a new step in its sustainability efforts with the launch of its first denim capsule that incorporates circular design criteria.... View Article
  
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• H&M teams up with Pantone

  24-01-2023 01:00 via theretailbulletin.com
  
  H&M Home has teamed up with colour solutions specialist Pantone on a new colour focused collection. Presented in the two colour palettes of “Calm & Soothing”... View Article
  
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• Furniture Village makes series of new board appointments

  24-01-2023 01:00 via theretailbulletin.com
  
  Furniture Village has strengthened its board of directors with several internal promotions. The move follows the furniture retailer’s successful exit deal from its external shareholders which... View Article
  
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• Clarks hails successful Paris Fashion Week showcase

  24-01-2023 01:00 via theretailbulletin.com
  
  Clarks held a five day showcase of the best of its brand at Paris Fashion Week last week as part of plans to strengthen its presence... View Article
  
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• Boots increase essentials range as the UK struggles with the cost of living

  24-01-2023 01:00 via theretailbulletin.com
  
  In an effort to help customers, health and beauty retailer Boots have increased the ‘Boots Everday’ essentials range. The ‘Boots Everyday’ label was created to help... View Article
  
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• Asda finds spending power has dropped in every region of the UK

  24-01-2023 01:00 via theretailbulletin.com
  
  Asda has found that household disposable incomes fell in every UK region during the fourth quarter of 2022 compared with the same period a year earlier.... View Article
  
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