Retail news

• Etsy delays seller payments amid Silicon Valley Bank collapse

  13-03-2023 15:39 via retailgazette.co.uk
  
  // Online marketplace Etsy has warned sellers that it will be delaying payments in the wake of Silicon Valley Bank’s (SVB) collapse.
  // To find out more, visit Retail Gazette’s sister site, Charged Retail: click hereRegulators shut down SVB on Friday, marking the largest US bank collapse since the 2008 financial crisis.
  As a result, several tech firms have been impacted, with Roku saying it could lose as much as 26% of its cash reserves, or more than $487 million, due to the situatio
  
  Read more

• Waitrose to invest £1m in farmers as industry feels impact of climate change

  13-03-2023 15:32 via retailgazette.co.uk
  
  // READ MORE ON GROCERY GAZETTEWaitrose is set to invest £1 million over the next few years to help suppliers in Africa and South America, as farms are increasingly being impacted by climate change.
  The Waitrose Foundation has established a new ‘Climate Resilience Programme’ which will provide guidance and tools on how to mitigate the effects of global warming.
  Read more on Grocery GazetteSubscribe to Retail Gazette for free
  Sign up here to get the latest news st
  
  Read more

• Dune hires KPMG as it seeks new investors

  13-03-2023 14:23 via retailgazette.co.uk
  
  // Dune hires KPMG as it seeks new investors in the business
  // The retailer is looking for “exciting growth opportunities”Dune has appointed KPMG to find new investors in the business as it eyes “exciting growth opportunities”.
  The British retailer said it plans to open 25 new solus stores in the UK over the next three years while continuing to invest in its digital capability to further strengthen its omnichannel model.
  Dune founder and chairman, Daniel Rubin, said: &ld
  
  Read more

• Poundland quells ‘reverse gentrification’ claims at it preps to open East Dulwich store

  13-03-2023 13:38 via retailgazette.co.uk
  
  // Poundland is set to open the doors to its newest store in East Dulwich on March 18
  // Many are pleased about East Dulwich’s newest arrival, saying it’s needed with the cost-of-living crisis while a small minority have claimed the new store is a sign of ‘reverse gentrification’A new Poundland store set to open later this month in East Dulwich has divided opinion, with many saying it’s a “sign of the times”. 
  The new store, located at 29 – 35
  
  Read more

• Advertisement

• Poundland open store in posh East Dulwich amid ‘reverse gentrification’ concerns

  13-03-2023 13:38 via retailgazette.co.uk
  
  // Poundland is set to open the doors to its newest store in East Dulwich on March 18
  // Many are pleased about East Dulwich’s newest arrival, saying it’s needed with the cost-of-living crisis while a small minority have claimed the new store is a sign of ‘reverse gentrification’A new Poundland store set to open later this month in upmarket East Dulwich, as the retailer tries to quell residents “reverse gentrification” concerns.
  The new store, located at 29 &n
  
  Read more

• Former DFS and HMV owner in talks to buy fast food giant Subway

  13-03-2023 13:10 via retailgazette.co.uk
  
  // Subway is being eyed for a takeover by Advent International
  // Advent International is the former owner of UK high street retailers DFS and HMVThe former owner of DFS and HMV, Advent International, is considering buying US-based fast food giant Subway.
  Advent has joined a line-up of suitors looking to take control of Subway, Sky News reported.
  The private equity firm submitted an offer for Subway, which could reach a valuation of between £6.6bn and £8.3bn.Subscribe to Retail Gazet
  
  Read more

• Allbirds names former Gymshark and Adidas exec as new finance boss

  13-03-2023 11:16 via retailgazette.co.uk
  
  // Allbirds appoints names chief financial officer
  // Mitchell is an experienced finance executive in the retail industry and joins Allbirds from GymsharkAllbirds has named Gymshark’s former vice president of finance and insights, Annie Mitchell as its new chief financial officer.
  Prior to her work at the activewear giant, Mitchell spent a decade in various finance roles at Adidas, most recently as senior vice president of finance of Adidas North America
  Effective from 24 April 2023, she w
  
  Read more

• Aldi removes restrictions on fresh fruit and veg after shortages

  13-03-2023 08:36 via retailgazette.co.uk
  
  // Aldi removes purchasing restrictions on fresh produce
  // Aldi, Tesco, Asda and Morrisons were among supermarkets to impose limits following shortagesAldi has removed all purchasing restrictions on fresh produce, including limits on tomatoes, peppers and cucumbers.
  The grocer said it planned to lift limits on the numbers of fruits and vegetables customers can purchase, starting on Monday.
  Aldi had imposed customer purchase limits on certain fruits and vegetables weeks ago, alongside sever
  
  Read more

• Advertisement

• Superdry hires advisers to help address cost base

  13-03-2023 01:00 via theretailbulletin.com
  
  Superdry has drafted in a firm of leading City advisers to help it reduce costs. The move follows the retailer’s announcement in January that it had... View Article
  
  Read more

• Omnichannel Futures returns to London on 22 March

  13-03-2023 01:00 via theretailbulletin.com
  
  Retail Bulletin’s flagship Omnichannel Futures conference will be back live in London’s West End on 22 March. If you’re working in retail, don’t miss your chance... View Article
  
  Read more

• Marks & Spencer unveils ‘love your boobs’ art installation on London’s South Bank

  13-03-2023 01:00 via theretailbulletin.com
  
  Marks & Spencer showcased a new art installation on London’s South Bank over the weekend in partnership with female body casting artist, Lydia Reeves. Featuring the... View Article
  
  Read more

• Just over one week to go to Omnichannel Futures

  13-03-2023 01:00 via theretailbulletin.com
  
  Retail Bulletin’s flagship Omnichannel Futures conference will be back live in London’s West End on 22 March. If you’re working in retail, don’t miss your chance... View Article
  
  Read more

• H&M Home launches second instalment of collaboration with female artists

  13-03-2023 01:00 via theretailbulletin.com
  
  H&M Home has launched the second instalment of its For the Love of Art female artists collaboration. This year the capsule collection includes South African artist... View Article
  
  Read more

• Comment: much to be learnt from renaissance of bookstores

  13-03-2023 01:00 via theretailbulletin.com
  
  All Good Books is located a hundred yards from my house in North London and has become a feature of the local community with its range... View Article
  
  Read more

• Boots to be headline sponsor of Digital Health Rewired

  13-03-2023 01:00 via theretailbulletin.com
  
  Boots will be a headline sponsor of this week’s Digital Health Rewired festival which is running from 14 to 15 March. The move marks the first... View Article
  
  Read more

• Arne welcomes queues of visitors to Liverpool ONE pop-up

  13-03-2023 01:00 via theretailbulletin.com
  
  Arne welcomed queues of visitors over the weekend to its first pop-up the year at the Liverpool ONE shopping destination. The bricks-and-mortar activation proved an overwhelming... View Article
  
  Read more

Follow @retailuknws on Twitter!