Retail news

• Home Depot/Walmart: labour pains engulf pandemic stars

  21-02-2023 19:47
  Retail giants continue to raise wages for frontline staff amid cautious outlook
  
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• Walmart issues cautious outlook as Fed rate rises sink in

  21-02-2023 19:18
  World’s biggest retailer reports solid fourth quarter but forecasts miss Wall Street estimates
  
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• UK salad shortages to last ‘for weeks’, retailers warn

  21-02-2023 19:17
  British Retail Consortium’s forecast comes as Asda and Morrisons ration purchases of fruit and vegetables
  
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• Asda rations some fruit and veg following supply shortage

  21-02-2023 17:33 via retailgazette.co.uk
  
  // Asda limits purchase of some fruits and vegetables following supply shortages
  // The grocer is rationing tomatoes, peppers, cucumbers, lettuce, salad bags, broccoli, cauliflower and raspberriesAsda has implemented a limit on some fruits and vegetables that customers can purchase following shortages.
  The grocer is rationing tomatoes, peppers, cucumbers, lettuce, salad bags, broccoli, cauliflower and raspberries to three of each item per customer.
  The National Farmers Union (NFU) warn
  
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• Asda and Morrisons ration some fresh produce including tomatoes and peppers

  21-02-2023 16:45
  
  Shortages caused by poor weather in southern Europe and north Africa lead supermarkets to actAsda and Morrisons are bringing in rationing of salad items including tomatoes, peppers and cucumbers amid shortages caused by poor weather in southern Europe and north Africa.Asda said it was limiting shoppers to three items each on eight fresh produce lines – including broccoli, cauliflower, raspberries and lettuces – to ensure all customers can get what they need. Continue reading...
  
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• Asda and Morrisons ration fresh produce including tomatoes and peppers

  21-02-2023 16:45
  
  Shortages caused by bad weather in southern Europe will be compounded by big fall in salad production in UKAsda and Morrisons are rationing fresh produce including tomatoes, cucumbers and peppers amid shortages caused by poor weather in Europe and north Africa as experts said the problems could last for weeks.UK producers said supplies from British farms would also be hit as many have cut back planting amid the rising cost of heating greenhouses to grow salad crops. Continue reading...
  
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• Walmart issues cautious outlook with US consumers under pressure

  21-02-2023 16:14
  World’s biggest retailer reports solid fourth quarter but forecasts miss Wall Street estimates
  
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• In pictures: The shopfronts putting Oxford Street to shame

  21-02-2023 15:41 via retailgazette.co.uk
  
  While Oxford Street has long been hailed as one of the UK’s and Europe’s top shopping destinations, there’s no denying that in recent year’s London’s retail hotspot has been looking worse for wear.
  The iconic Topshop flagship has closed down, both House of Fraser and Debenhams department stores remain empty and endless American candy stores and luggage shops have popped up.
  M&S boss Stuart Machin claimed last month that the street was on its knees.
  “The ef
  
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• The Original Factory Shop offers interviews to Wilko and New Look staff at risk of redundancy

  21-02-2023 15:27 via retailgazette.co.uk
  
  // The Original Factory Shop to guarantee interviews to retail staff at Wilko and New Look who are at risk of redundancy
  // The retailer currently has over 80 vacancies across its 185 storesThe Original Factory Shop has pledged to offer interviews to retail staff at Wilko and New Look who are at risk of redundancy or have recently been made redundant.
  The value retailer is also offering interviews to those at risk of losing their jobs at Argos, B&Q, M&Co, Paperchase and TK Maxx.
  The
  
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• Zalando to axe ‘hundreds of jobs’ amid economic slowdown 

  21-02-2023 14:29 via retailgazette.co.uk
  
  // Zalando will axe up to 5% of its workforce amid the economic slowdown
  // Details of the jobs cuts are still being worked out but will include senior-level positionsEurope’s largest online fashion retailer Zalando is set to cut hundreds of jobs to help it confront a “more challenging” economic environment after years of rapid growth.
  “We have decided to start a programme that will remove several hundred overhead roles across many of our teams,” co-chief executives
  
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• Boots launches ‘biggest’ campaign to drive awareness of healthcare offering

  21-02-2023 13:04 via retailgazette.co.uk
  
  // Boots launches “biggest” healthcare campaign to drive awareness of women’s health
  // The campaign ‘Our Health Is As Individual As We Are’ follows several women navigating familiar life momentsBoots has launched its “biggest” healthcare campaign ‘Our Health Is As Individual As We Are’ to celebrate women’s health and drive awareness of its healthcare offering.
  The film follows several women navigating familiar life moments with the exp
  
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• Fashion veteran Harold Tillman signs deal to turn unused clothes into fuel

  21-02-2023 12:27 via retailgazette.co.uk
  
  // Ethical Fashion Group, co-founded by former British Fashion Council boss Harold Tillman has signed a deal with Hydrogen Utopia to turn unused clothes into fuel
  // HUI’s technology will help the fashion industry ‘become part of the solution, rather than part of the problem’Ethical Fashion Group, co-founded by industry veteran Harold Tillman has teamed up with Hydrogen Utopia International (HUI), whose technology turns fabrics into carbon-free fuels.
  The group represents 60,00
  
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• Hermès to pay 19,700 staff one-time bonus of £3,552

  21-02-2023 12:11 via retailgazette.co.uk
  
  // Hermès to pay employees one-time year-end bonus of £3,552
  // The French luxury retailer reported a 38% rise in profits last year from 2021Hermès is set to offer its 19,700 employees a one-time year-end bonus of £3,552 as sales and profits rise.
  The French luxury retailer reported a 38% rise in profits last year from 2021 – reaching £3 billion. Annual recurring operating profitability rose 40.5%, up from 39.3% in 2021.
  In the year to 31 December 2022, reve
  
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• Hermès to pay 19,700 staff £3,500 bonus

  21-02-2023 12:11 via retailgazette.co.uk
  
  // Hermès to pay employees one-time year-end bonus of £3,552
  // The French luxury retailer reported a 38% rise in profits last year from 2021Hermès is set to offer its 19,700 employees a one-time year-end bonus of £3,552 as sales and profits rise.
  The French luxury retailer reported a 38% rise in profits last year from 2021 – reaching £3 billion. Annual recurring operating profitability rose 40.5%, up from 39.3% in 2021.
  In the year to 31 December 2022, reve
  
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• Asda opens 100th On The Move store amid convenience push

  21-02-2023 12:07 via retailgazette.co.uk
  
  // Asda opens its 100th On the Move store in Middlesbrough
  // The retailer revealed plans to double the convenience store’s estate by the end of the yearAsda has opened its 100th On the Move location as it plans to double the convenience store’s estate by the end of the year.
  The new store on Cargo Fleet Lane in Middlesbrough is located on a EG Group forecourt and stocks up to 2,500 own-brand and branded products.
  The latest addition marks the retailer’s 35th convenie
  
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• Online fashion retailer Zalando to cut jobs as economic slowdown bites

  21-02-2023 11:15
  Co-founders of Europe’s largest fashion retailer admit the group has become too bloated
  
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• Pandora to open 10 UK stores this year amid global expansion plans

  21-02-2023 10:59 via retailgazette.co.uk
  
  // Pandora MD Rasmus Brix says the business is looking to add up to ten new stores in Britain and the Republic of Ireland this year
  // Last month the retailer revealed it would be opening a new concept store at the 70/88 Oxford Street developmentPandora is planning to add up to ten new stores in Britain and the Republic of Ireland this year.
  The Danish jewellery retailer‘s managing director for the UK and Ireland Rasmus Brix told the Times “physical retail is here to stay,” and
  
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• M&S launches The Sports Edit on its website

  21-02-2023 09:42 via retailgazette.co.uk
  
  // M&S launches The Sports Edit on M&S.com as the retailer “goes into battle” over sportswear
  // The retailer made a “significant investment” into the etailer last year in a deal that will eventually give it full ownership of the businessM&S has launched The Sports Edit on its website having snapped up the fast-growing platform at the start of 2022.
  The move is part of the retailer’s ‘Brands at M&S’ strategy and ongoing investment in
  
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• Lush in legal dispute with ex-boss over share sale

  21-02-2023 09:19 via retailgazette.co.uk
  
  // Lush ex-boss Andrew Gerrie has accused the retailer of failing to record the transfer of a 19.8% stake
  // The handmade cosmetics retail chain said the sale “was not compliant with its articles of association”Lush former chief executive Andrew Gerrie has accused the retailer of failing to record the transfer of a 20% stake.
  Investment firm Silverwood Brands, for which Gerrie is executive director of, said in December it had purchased a 19.8% stake, worth £216.8m, in the
  
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• Job cuts: The retailers that have made redundancies in 2023

  21-02-2023 09:05 via retailgazette.co.uk
  
  Nearly 15,000 job cuts have been made in retail so far this year in the UK, according to industry research published this week in a “brutal” start to 2023.Some 14,874 roles have been cut or made redundant since the start of 2023 as rising costs pile pressure on retailers, according to data from the Centre of Retail Research.
  Retail Gazette rounds up the retailers that are axing jobs this year.M&CoM&Co plunged into administration in December and although it was rescued by
  
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• Supermarket shelves left empty due to fruit and veg shortage

  21-02-2023 08:49 via retailgazette.co.uk
  
  // Supermarket shelves have been hit by fruit and vegetable shortage after a wave of bad weather disrupted supermarket supply chains
  // Volatile growing conditions has seen wholesale prices skyrocket.Supermarket shelves have been left empty due to a shortage of fruit and vegetables caused by a wave of poor weather across Europe and Africa.
  Volatile growing conditions including blistering heat, droughts and a deep freeze are being blamed for the bare shelves and skyrocketing wholesale prices
  
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• Interview: How Samsung plans to rival Apple in retail

  21-02-2023 08:26 via retailgazette.co.uk
  
  In the world of tech brands, Apple has proven that stores matter.
  Sleek, minimalist, and often with breath-taking architecture, its stores are temples to the brand where shoppers can interract with all things Apple. They are also the world’s most profitable stores per sq ft. 
  However, Apple is not the only tech giant that is opening stunning stores to better connect with shoppers. Samsung is also placing big bets on physical space.
  The retailer has a network ofExperience stores and se
  
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• Clarks names new Originals creative specialist

  21-02-2023 08:20 via retailgazette.co.uk
  // Clarks taps Set Free Richardson for new creative specialist role
  // Richardson will work with the brand team to execute specific creative projects, produce live events & act as an ambassadorClarks has tapped self-proclaimed “Creative Jedi” Set Free Richardson to the join the business, taking on the role of Clarks Originals creative specialist.
  Richardson has already collaborated directly with the footwear retailer in the past, creating a basketball-inspired Clarks Originals Wa
  
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• Tomato shortage hits supermarkets after poor weather across Europe and Africa

  21-02-2023 01:00 via theretailbulletin.com
  
  Supermarkets across Britain have been hit with a shortage of tomatoes after a wave of bad weather across Europe and Africa disrupted supply chains. Growers and... View Article
  
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• Tesco to give workers third pay rise in ten months

  21-02-2023 01:00 via theretailbulletin.com
  
  Tesco is to increase the hourly pay rate for staff working in its stores from £10.30 to £11.02 after reaching an agreement with USDAW. The move... View Article
  
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• People in Retail Awards announce Melanie Taylor as judge

  21-02-2023 01:00 via theretailbulletin.com
  
  Melanie Taylor, Head of Retail Relations at Milligan has joined the People in Retail judging panel for the 2023 awards. With the awards looking at businesses... View Article
  
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• Online fashion retailer Zalando to cut several hundred jobs

  21-02-2023 01:00 via theretailbulletin.com
  
  Online etailer Zalando will cut up to 5 per cent of its workforce due to a slowdown in the economy. The Berlin-based company on Tuesday told... View Article
  
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• Morrisons launches new wave of price cuts

  21-02-2023 01:00 via theretailbulletin.com
  
  Morrisons has launched a new tranche of price cuts across 64 own brand products. The supermarket has invested £25 million in reducing prices by an average... View Article
  
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• Marks & Spencer launches The Sports Edit platform on M&S.com

  21-02-2023 01:00 via theretailbulletin.com
  
  Marks & Spencer has launched The Sports Edit on its website following a significant investment in the activewear platform at the start of 2022. The move... View Article
  
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• Lush in legal dispute with former boss over £216.8m share sale

  21-02-2023 01:00 via theretailbulletin.com
  
  Cosmetics brand Lush has found itself in a legal battle with a business set up by its former chief executive, Andrew Gerrie over its stake in... View Article
  
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• London Designer Outlet hails record January trading

  21-02-2023 01:00 via theretailbulletin.com
  
  London Designer Outlet in Wembley Park enjoyed its best trading month on record in January. Sales at the premium fashion and lifestyle outlet centre rose by... View Article
  
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• Holland & Barrett opens first stores in Greece

  21-02-2023 01:00 via theretailbulletin.com
  
  Holland & Barrett has opened its first stores in Greece through a strategic partnership with Fourlis Group, one of the leading retail and consumer goods companies... View Article
  
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• Hermès pays £3,500 bonus to all 19,700 employees

  21-02-2023 01:00 via theretailbulletin.com
  
  Luxury label Hermès is granting all staff a £3,500 bonus at the end of this month following a highly successful year. The bonus follows the news of the... View Article
  
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• Co-op seeks small food businesses for accelerated support scheme

  21-02-2023 01:00 via theretailbulletin.com
  
  The Co-op Group have launched the second round of the Apiary programme, which last year saw six businesses get their products into the retailer’s stores. The... View Article
  
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• Boots launches biggest ever woman’s healthcare campaign

  21-02-2023 01:00 via theretailbulletin.com
  
  Boots has launched ‘Our Health Is As Individual As We Are’ to champion women’s health and highlight new support available from the retailer. ‘Our Health Is... View Article
  
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