Retail news

• Gopuff turns to rival Uber for rapid delivery help

  27-03-2023 22:00
  US-based rapid grocery app feels the squeeze on demand after lockdown-driven boom
  
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• Let customers buy a share in John Lewis | Brief letters

  27-03-2023 19:05
  
  If John Lewis needs to raise capital without departing too far from its staff partnership model (How to solve a problem like John Lewis? Retail experts give their views, 24 March),, why doesn’t it follow the Co-op’s example and invite customers to join the business? Many would be eager to buy a £10 share in the firm in exchange for a few special offers and maybe 1% off purchases above a certain amount.Karey HunterLeicester• Your analysis of the England v Ukraine match (27
  
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• Matalan hires former Lidl and Co-op execs as new chair and CEO

  27-03-2023 16:27 via retailgazette.co.uk
  
  // Matalan lures former Lidl CEO Karl-Heinz Holland and ex-Co-op food chief Jo Whitfield as its new top team
  // The former supermarket executives take their posts with immediate effectMatalan has hired former Lidl and Co-op executives as its new chair and chief executive.
  Former Lidl CEO Karl-Heinz Holland, who becomes chair, and new CEO, ex-Co-op food chief Jo Whitfield, take their posts immediately.
  Their appointments follow Matalan’s investors, including Invesco, Man GLG, Tresidor
  
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• Tesco donates £5m to help ‘tackle classroom hunger’

  27-03-2023 16:01 via retailgazette.co.uk
  
  // Tesco is donating £5m to help boost school funds for extra food and healthy activities
  // The grant programme will benefit thousands of school children across the UKTesco is donating £5m to help boost school funds for extra food and healthy activities as part of a new initiative launching this summer.
  Focused on helping schools who lack funds and resources, the grant programme will benefit thousands of school children across the UK, giving them a healthier, more active, stronger s
  
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• Aldi to donate to food banks for parents skipping meals over Easter

  27-03-2023 15:41 via retailgazette.co.uk
  
  // Aldi to donate 10 tonnes of cereal and 5,000 gallons of milk to food banks
  // The grocer’s new initiative, ‘adult breakfast club’ will support adults skipping meals during the school Easter holidaysAldi will donate 10 tonnes of cereal and 5,000 gallons of milk to food banks to support adults skipping meals during the school Easter holidays.
  The grocer‘s new initiative, ‘adult breakfast club’ comes after its research which found 44% of parents from lowe
  
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• M&S unveils new partnership to help it ‘seamlessly’ reshape as an omnichannel retailer

  27-03-2023 14:22 via retailgazette.co.uk
  
  // M&S launches new partnership to expand its product selection with a unified marketplace
  // CommerceHub CEO: “Our partnership with Marks & Spencer is unlocking new possibilities to grow their business and provide more of what consumers want”M&S is partnering with one of the world’s largest commerce networks to enhance the customer experience as it aims to hit £1bn of third-party sales – a significant increase on its earlier, medium-term goal of &p
  
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• Short-sellers turn on Ocado after £501m loss

  27-03-2023 09:58 via retailgazette.co.uk
  
  // Ocado tops list of ‘most-shorted’ stocks as short-sellers turn on the online grocer
  // More than six percent of the grocer’s stock is out on loan to hedge funds, the highest level in almost five yearsOcado has topped the list of ‘most-shorted’ stocks as short-sellers turn on the online grocer after it swung to a £501m loss.
  More than six percent of the grocer’s stock is currently out on loan to hedge funds, which will make money if the share pric
  
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• Tesco backtracks on fulfillment fee request

  27-03-2023 09:25 via retailgazette.co.uk
  
  // Tesco buyers are understood to be backtracking after facing backlash from suppliers over plans to introduce a new fulfillment fee
  // The supermarket giant is attempting to soften earlier threats that suppliers could face range reviews for non-complianceTesco buyers are said to be “furiously backtracking” following a backlash from suppliers over its plans to introduce a new fulfilment fee.
  The supermarket giant is understood to be continuing attempts to soften an earlier sugge
  
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• Sports Direct: How a former Nike exec plans to elevate the retailer

  27-03-2023 09:06 via retailgazette.co.uk
  
  It’s been nine months since Nike veteran Ger Wright joined Frasers Group as its managing director of sport, taking the helm of its biggest chain Sports Direct.
  She is tasked with driving home the sports retailer’s elevation strategy, which Michael Murray spearheaded before ascending to Frasers Group CEO.
  The strategy is designed to raise perceptions of the business and attract more high-profile brands to its store.
  Few people know more about what sportswear brands want than Wrig
  
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• Surfdome owner scrambles to find new buyer

  27-03-2023 09:01 via retailgazette.co.uk
  
  // Surfdome owner Internet Fusion Group has drafted in FRP Advisory in a race to find a new buyer
  // The company owns a portfolio equestrian, fashion and surfwear brands is looking to secure a new owner within daysSurfdome’s parent company Internet Fusion Group has drafted in FRP Advisory to work on an emergency sale process.
  Internet Fusion Group has pulled in advisors following the collapse of a deal to list the firm, Sky News reported.
  Sources told the publication the firm was tryi
  
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• Ex-John Lewis boss: Abandoning partnership model would be a ‘tragedy’

  27-03-2023 08:34 via retailgazette.co.uk
  
  // Ex-boss Andy Street said it would be a “tragedy” if John Lewis diluted its partnership model
  // Speaking on BBC1’s Sunday with Kuenssberg, the former managing director urged the retailer to find a way to trade through the tough environment like Next and Selfridges have provenFormer John Lewis Boss Andy Street said it would be a “tragedy” if the retailer changed its partnership model.
  It emerged last week that chairwoman Sharon White is exploring selling a mi
  
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• Watches and Jewellery: March

  27-03-2023 05:04
  
  Industry expects sales boost from jewellery made to mark royal coronation. Also: Sports watch stalwarts celebrate anniversaries; Rise of the automaton, bringing creations to life; what would Andy Warhol make of today’s arts tie-ups?
  
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• Rising consumer demand brings investment in luxury visual media

  27-03-2023 05:00
  
  Companies recognise the extra marketing value of their digital content
  
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• The Perfume Shop launches largest perfume bottle recycling scheme

  27-03-2023 02:00 via theretailbulletin.com
  
  The Perfume Shop has launched its biggest perfume bottle recycling service to date as part of its ongoing commitment to combat unnecessary bottle wastage. The retailer... View Article
  
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• Tesco exceeds rollout target for Whoosh rapid delivery by 25%

  27-03-2023 02:00 via theretailbulletin.com
  
  Tesco has announced that its Whoosh rapid delivery service is now available from 1,000 stores which means it has exceeded its rollout target by 25%. Launched... View Article
  
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• Tesco announces £5m grant for schools

  27-03-2023 02:00 via theretailbulletin.com
  
  Supermarket giant Tesco has announced a £5m grant programme to boost school funds for extra food and healthy activities Thousands of school children across the UK... View Article
  
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• Superdrug hosts annual industry 2023 Star Awards

  27-03-2023 02:00 via theretailbulletin.com
  
  Superdrug held its annual industry Star Awards last week where it handed out accolades to its beauty community foll0wing votes from Superdrug customers and industry insiders. Held... View Article
  
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• Review: Omnichannel Futures 2023

  27-03-2023 02:00 via theretailbulletin.com
  
  Physical stores will continue to be an important part of the retail landscape but they have to fit into a broader eco-system that delivers a relevant... View Article
  
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• Renovotec and Honeywell are helping retailers address their economic challenges and improve the customer experience with technology solutions

  27-03-2023 02:00 via theretailbulletin.com
  
  With economic uncertainty impacting customers and retailers alike, the need for optimised operational efficiency and more cost-effective processes is greater than ever. For those operating in... View Article
  
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• Q & A: Richard Gilliard, Managing Director, Renovotec

  27-03-2023 02:00 via theretailbulletin.com
  
  Richard Gilliard has over 20 years of experience supporting customers with technology solutions. He is currently the MD for Renovotec, one of the UK’s fastest-growing technology... View Article
  
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• People in Retail Awards announce Beth Samson as judge

  27-03-2023 02:00 via theretailbulletin.com
  
  The TRB team is delighted to announce that Beth Samson,People Director for Investors in People has joined the People in Retail judging panel for the 2023... View Article
  
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• Fortnum & Mason revamps third floor of Piccadilly flagship

  27-03-2023 02:00 via theretailbulletin.com
  
  Fortnum & Mason is revamping the third floor of its flagship store in London’s Piccadilly as it looks to attract a wider range of shoppers. The... View Article
  
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• Boots could be sold or floated by end of year

  27-03-2023 02:00 via theretailbulletin.com
  
  Boots could be sold or floated by the end of the year as its American parent company Walgreens Boots Alliance looks to focus more on its... View Article
  
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• Aldi launches new adults breakfast club fighting food poverty

  27-03-2023 02:00 via theretailbulletin.com
  
  Aldi is launching a breakfast club to help feed millions of parents who are skipping breakfast to ensure their children have enough food to eat. The initiative,... View Article
  
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• [ WEBINAR ] Product Intelligence webinar | The future of retail forecasting

  27-03-2023 02:00 via theretailbulletin.com
  
  Many retailers focus on the accuracy of their forecasts and not enough on the follow-up actions that should be taken as a result. This means merchandisers... View Article
  
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