Retail news

• Crew Clothing banks on bricks-and-mortar with plans to open 40 new stores by 2025

  06-02-2023 16:16 via retailgazette.co.uk
  
  // Crew Clothing is set to open 40 new stores by 2025, focusing on market towns and coastal resorts
  // The retailer has recovered post-pandemic, posting online and store sales both surged 15% respectively in the seven weeks to 8 JanuaryCrew Clothing has revealed plans to open 40 new stores in the next three years, focusing on market towns and coastal resorts.
  Speaking to The Times, chief executive of the British fashion retailer David Butler said: “We have to react to customer behavio
  
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• New Amazon Fresh stores to feature manned checkouts in possible strategy pivot

  06-02-2023 16:05 via retailgazette.co.uk
  
  Amazon’s new Fresh stores in Croydon and Monument will feature manned checkouts alongside Just Walk Out technology for the first time, indicating a change in strategy for the ecommerce giant’s grocery offering.
  Customers at these new stores will be able to choose between Amazon’s trademark checkout-free tech or a traditional manned till.
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• Barbour raises prices due to ‘extraordinary challenges’

  06-02-2023 14:42 via retailgazette.co.uk
  
  // Barbour forced to raise prices as production costs soar
  // Despite “buoyant” sales, the retailer is facing “extraordinary challenges”Barbour has been forced to raise prices as production costs soar and consumer spending slows down.
  Despite “buoyant” sales, the retailer is facing “extraordinary challenges” having to contend with higher inflation and the cost-of living crisis.
  Managing director Steve Buck said Barbour was facing a combination of p
  
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• Clothing retailer M&O to close 170 shops with loss of up to 1,900 jobs

  06-02-2023 14:08
  
  Scottish retailer went into administration at the end of last year, after closing 47 shops in 2020Scottish retailer M&Co is to close all 170 of its stores after falling into administration before Christmas, with the loss of up to 1,900 jobs.The clothing and homeware retailer’s brand has been bought by Peterborough-based AK Retail Holdings, the owner of the larger sizes brand Yours Clothing, Long Tall Sally and Bump It Up Maternity but the deal did not include M&Co’s physical
  
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• Clothing retailer M&Co to close 170 shops with loss of up to 1,900 jobs

  06-02-2023 14:08
  
  Scottish retailer went into administration at the end of last year, after closing 47 shops in 2020Scottish retailer M&Co is to close all 170 of its stores after falling into administration before Christmas, with the loss of up to 1,900 jobs.The clothing and homeware retailer’s brand has been bought by Peterborough-based AK Retail Holdings, the owner of the larger sizes brand Yours Clothing, Long Tall Sally and Bump It Up Maternity but the deal did not include M&Co’s physical
  
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• In pictures: Burberry unveils refreshed brand image under Daniel Lee

  06-02-2023 13:41 via retailgazette.co.uk
  
  // Burberry has unveiled a new brand identity and its latest campaign under new creative director Daniel Lee
  // Stars included in the new campaign are Raheem Sterling, Skepta, Liberty Ross and moreBurberry’s new creative director Daniel Lee has unveiled his first creative campaign for the British luxury retailer as the brand unveils its new identity, which includes a modernised logo.
  The former Bottega Veneta creative director took over from Italian designer Riccardo Tisci back in October,
  
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• Guesswork Kills Businesses

  06-02-2023 13:33 via retailgazette.co.uk
  
  If you’re not testing, you’re guessing.
  Guesswork is the biggest cause of PR and marketing disasters, with UK marketers wasting £387m a year on irrelevant advertising. And during an economic downturn, basing decisions on guesswork is twice as risky – and expensive.
  Can your brand afford it?
  But there’s one easy way to remove that risk. Checking in with your target audience before you make any major decisions.
  Attest’s consumer research platform gives
  
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• Aldi to donate £1m in apprenticeship funding to SMEs

  06-02-2023 13:20 via retailgazette.co.uk
  
  // READ MORE ON GROCERY GAZETTEAldi is to donate £1 million to small and medium-sized businesses this year, to help fund local apprenticeship schemes across the UK.
  The discount grocer, which also recently announced that it is looking to recruit more than 500 apprentices this year, has so far, donated over £1.7 million of levy funding.
  All donated funds will be used to support apprenticeship schemes run by SMEs across the UK, in sectors such as early years education, operat
  
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• M&Co to close all 170 stores, 2,000 jobs at risk

  06-02-2023 12:35 via retailgazette.co.uk
  
  // M&Co to close its 170 stores following administration
  // It appointed administrators for a second time at the end of last yearM&Co will shutter its 170 stores, resulting in the loss of almost 2,000 jobs.
  The fashion retailer is set to close its entire store estate this spring.
  It appointed administrators for a second time at the end of last year, after previously collapsing in 2020.Subscribe to Retail Gazette for free
  Sign up here to get the latest news straight into your in
  
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• Paul Smith to finally shutter Russia stores a year after Ukraine invasion

  06-02-2023 12:32 via retailgazette.co.uk
  
  // Paul Smith is closing its stores in Russia, almost a year after the country invaded Ukraine
  // The retailer’s Russian operations are run by franchise partner oligarch Mikhail KusnirovichPaul Smith is set to close Russian operations after one year since the country invaded Ukraine.
  The British retailer will now shut its shops in St Petersburg and Moscow’s Red Square.
  This comes as a Daily Mail investigation found Paul Smith and two other British luxury labels were still operat
  
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• Cost-of-living: Asda introduces free warm breakfast for kids this half term

  06-02-2023 12:02 via retailgazette.co.uk
  
  // Asda launches exclusive partnership with Quaker Oats to offer a free bowl of porridge during half term
  // The partnership is expected to enable over 50,000 bowls of porridge to be served to children across the countryAsda is offering children a free warm breakfast across the February half-term holidays, as part of an exclusive partnership with Quaker Oats.
  The new free offer means that families are now able to access both a free children’s breakfast and a main meal for just £1 in
  
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• Manière De Voir to open first physical store on Oxford Street

  06-02-2023 11:31 via retailgazette.co.uk
  
  // Manière De Voir is set to open its first-ever physical store at 354 Oxford Street
  // The online fashion retailer generates revenue in excess of £30 million a yearManière De Voir is set to open the doors to its first-ever physical flagship store, signing a 10-year lease for the entire 5,189 sq ft retail space at 354 Oxford Street
  The online fashion retailer was founded by Reece Wabara in 2013, who, until then, was best known for being a professional footballer, having playe
  
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• Studio Retail CEO Paul Kendrick exits

  06-02-2023 11:00 via retailgazette.co.uk
  
  // Studio Retail chief executive Paul Kendrick steps down
  // Finance director David Twigg has been promoted to managing director at the retailerStudio Retail Group chief executive Paul Kendrick has resigned from his post at the online fashion retailer.
  Finance director David Twigg has been promoted to managing director at the Lancashire-based business to lead the group as it is not yet known if a replacement chief executive will be sought for the retailer.
  Documents confirming the management res
  
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• Amazon to shed UK warehouses as it halts growth plans

  06-02-2023 08:52 via retailgazette.co.uk
  
  // Amazon to sublet its UK warehouses as it halts growth plans
  // The online retailer was previously aiming to open more warehouse space across the UKAmazon is looking to sublet its UK warehouses as it halts growth plans following its worst annual loss on record.
  The online retailer was previously aiming to open more warehouse space across the UK as it capitalises on online spending.
  However, the retailer has noticed a decline for online orders in recent months. It revealed last week its wo
  
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• UK’s high streets lose out on £3.5bn apprenticeship funding following red tape

  06-02-2023 08:15 via retailgazette.co.uk
  
  // Trade bodies for retail have written to the government for urgent reform to the apprenticeship levy system
  // The letter comes after the UK’s high streets lose out on £3.5bn in unused fundsRetail trade bodies have written to the government for urgent reform to the apprenticeship levy system, as the high street loses out on £3.5bn in unused funds.
  Signatories from the BRC, UKHospitality, TechUK and the Recruitment & Employment Confederation (REC), have accused the governm
  
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• How the $3.9bn Americanas scandal has shaken corporate Brazil

  06-02-2023 06:00
  Mysterious financial hole at heart of retailer has pitted banks against billionaires
  
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• UK apprenticeship levy is a £3.5bn mistake, say business leaders

  06-02-2023 01:01
  
  Retailers, hospitality firms, tech industry and recruiters all say policy is holding back investment in trainingRetailers, hospitality businesses, the tech industry and recruiters have called for urgent reform of the apprenticeship levy, calling it a “£3.5bn mistake”.In a letter sent to ministers, the British Retail Consortium (BRC), UKHospitality, techUK, and the Recruitment & Employment Confederation (REC) said the government was “holding back investment” in c
  
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• TRUST ISSUES: We have a responsibility for our employees’ wellbeing outside of work too

  06-02-2023 01:00 via theretailbulletin.com
  
  Chris Brook-Carter, chief executive of the Retail Trust For the Retail Trust’s Leaders’ Summit in January, we brought together over 200 retail leaders to discuss the... View Article
  
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• Trade bodies call on Government to fix restrictive Apprenticeship Levy system

  06-02-2023 01:00 via theretailbulletin.com
  
  The British Retail Consortium has teamed up with three other trade bodies to demand that the government fix what it describes as the broken Apprenticeship Levy... View Article
  
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• TAG Heuer selects Hammerson’s Bullring for debut standalone boutique in Birmingham

  06-02-2023 01:00 via theretailbulletin.com
  
  TAG Heuer is to open its first dedicated boutique in Birmingham at Bullring & Grand Central. It will also be the first store to feature the... View Article
  
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• Studio Retail’s chief executive steps down

  06-02-2023 01:00 via theretailbulletin.com
  
  Studio Retail’s chief executive Paul Kendrick has stepped down from his role. According to documents filed at Companies House, Studio’s financial services director David Twigg was... View Article
  
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• Studio Retail’s chief excutive steps down

  06-02-2023 01:00 via theretailbulletin.com
  
  Studio Retail’s chief executive Paul Kendrick has stepped down from his role. According to documents filed at Companies House, Studio’s financial services director David Twigg was... View Article
  
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• Sosandar announces passing of chairman Bill Murray

  06-02-2023 01:00 via theretailbulletin.com
  
  Sosandar has announced that its non-executive chairman Bill Murray has passed away over the weekend. In a statement, the women’s fashion retailer said his fellow board... View Article
  
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• Moda In Pelle to join line-up at Metrocentre

  06-02-2023 01:00 via theretailbulletin.com
  
  Premium footwear retailer Moda In Pelle is to open a new store at Gateshead’s Metrocentre this Easter. The shop will be situated in a current Paperchase... View Article
  
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• Manière De Voir chooses London’s Oxford Street for first physical store

  06-02-2023 01:00 via theretailbulletin.com
  
  Online fashion retailer Manière De Voir has chosen London’s Oxford Street for the opening of its first physical store. The brand has taken the entire 5,189... View Article
  
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• M&Co to close all of its stores

  06-02-2023 01:00 via theretailbulletin.com
  
  High street clothing chain M&Co is to close all of its 170 stores, with 2,000 staff losing their jobs, according to reports. M&Co appointed administrators at... View Article
  
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• Kering appoints Raffaella Cornaggia as chief executive of Kering Beauté

  06-02-2023 01:00 via theretailbulletin.com
  
  Luxury group Kering has appointed Raffaella Cornaggia as chief executive of Kering Beauté. Based in Paris, she will also be a member of the group’s executive... View Article
  
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• Frasers Group in talks to buy two shopping centres

  06-02-2023 01:00 via theretailbulletin.com
  
  Mike Ashley’s Frasers Group is planning to buy two shopping centres in deals worth £100 million. According to The Times, the group is in the final... View Article
  
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• Crew Clothing to open 40 new stores by 2025

  06-02-2023 01:00 via theretailbulletin.com
  
  British lifestyle brand Crew Clothing has revealed plans to open 40 new stores in the next three years, focusing on market towns and coastal resorts. Speaking... View Article
  
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• Comment: store closures are not what they seem

  06-02-2023 01:00 via theretailbulletin.com
  
  Reading the headlines suggests we are in the midst of a retail apocalypse with high streets and shopping centres being slowly obliterated by the ongoing closure... View Article
  
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• Celebrating Danny from Aldi this Apprenticeship Week

  06-02-2023 01:00 via theretailbulletin.com
  
  Store manager Danny Farrell was recently awarded the “Apprentice Champion of the Year”.  The award celebrates Managers who’ve gone above and beyond to help Apprentices and... View Article
  
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• Aldi donates £1m to Apprenticeship funding to small businesses in 2023

  06-02-2023 01:00 via theretailbulletin.com
  
  Aldi is set to donate £1 million to small and medium-sized businesses in 2023, to help fund local apprenticeship schemes across the country. Aldi has donated... View Article
  
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• AI and lifetime value: doing more with less

  06-02-2023 01:00 via theretailbulletin.com
  
  Is lifetime value truly being recognised and harnessed to its full potential? Join Peak on Thursday 16 March in Manchester to find out! They’ll be exploring... View Article
  
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• [ EVENT ] AI and lifetime value: doing more with less

  06-02-2023 01:00 via theretailbulletin.com
  
  Is lifetime value truly being recognised and harnessed to its full potential? Join Peak on Thursday 16 March in Manchester to find out! They’ll be exploring... View Article
  
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