Retail news

• Amazon to shut down Book Depository online store

  04-04-2023 17:44 via retailgazette.co.uk
  
  // Amazon will close Gloucester-based online shop Book Depository at the end of April following staff reduction announcement.
  // To find out more, visit Retail Gazette’s sister site, Charged Retail: click hereIn 2011, Amazon acquired the online store, gaining more control over the UK book trade. A year prior to the purchase, Book Depository had operating profit of £2.3m on sales of £69m.
  CLICK HERE TO READ ABOUT THE PLANNED RESTRUCTURING
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• Interview: Kick Game – from sneaker reseller to luxury retailer

  04-04-2023 16:55 via retailgazette.co.uk
  If you are a fan of trainers and streetwear, you’ll be familiar with Kick Game.
  However, it’s fast becoming a brand the rest of the population is starting to notice with flagship stores opening across major cities including London, Manchester, Newcastle, Birmingham and even Milan.
  The idea of reselling trainers from prime locations such as Covent Garden would have been unheard of until just a few years ago. But Kick Game provides a platform for people to sell sneakers and doesn&rsquo
  
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• The Original Factory Shop owner kicks off sale process

  04-04-2023 14:32 via retailgazette.co.uk
  
  // The Original Factory Shop owner kicks off sale process
  // Duke Street has owned the discount retailer since 2007The Original Factory Shop owner Duke Street has begun a sale process after more than 15 years.
  Duke Street has owned the discount retailer since 2007 and is working with advisers at Deloitte on discussions with prospective buyers.
  A number of trade and financial investors had expressed an interest in the company, Sky News reported.Subscribe to Retail Gazette for free
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• Shoppers continue to switch to Aldi and Lidl as volume sales fall 3.9% at the big 4

  04-04-2023 14:19 via retailgazette.co.uk
  
  // READ MORE ON GROCERY GAZETTEVolume sales across the grocery multiples fell by 3.9% in the four weeks to 25 March, with shoppers continuing to switch to the discounters.
  The new research by NIQ found that Aldi and Lidl’s combined growth continued to be above 20% over the period.
  However, across the sector as a whole, while food inflation soared to 15% last month, total till value sales rose to 11.5%, up from 11.1% in February…
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• Screwfix eyes 85 new stores as it ramps up store expansion drive

  04-04-2023 13:57 via retailgazette.co.uk
  
  // Screwfix eyes 85 new stores by the end of January 2024
  // The home improvement retailer is targeting 1000 stores across the UK and IrelandScrewfix has revealed plans to open 85 new stores across the UK, Ireland and France by the end of January 2024.
  The home improvement retailer will create more than 800 jobs as it targets 60 new branches in the UK and Ireland and up to 25 in France.
  Chief executive John Mewett said: “We know how busy tradespeople are and how important it is to be
  
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• [Webinar] BHN Webinar Showcases New 2023 Report

  04-04-2023 13:35 via retailgazette.co.uk
  
  Are you looking to enhance your gift card programme and improve customer engagement?
  Look no further! We are excited to invite you to our upcoming webinar, which will showcase the latest insights from the “U.K. Retail Gifts Cards Evaluated: Comprehensive Guide for Best Practice & Opportunities” report, released by NAPCO Research and Blackhawk Network (BHN).
  Our webinar, scheduled for 20th April, will offer you an opportunity to discover the key highlights of the report and learn
  
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• Authentic Brands to acquire Quiksilver, Billabong and Roxy owner Boardriders

  04-04-2023 10:32 via retailgazette.co.uk
  
  // Authentic Brands Group is set to acquire the full brand portfolio of Boardriders, including Quiksilver, Billabong, Roxy, RVCA and more
  // Through this acquisition, Authentic will strategically diversify its portfolio with the addition of some of the most well-known brands in board sportsAuthentic Brands Group has made a binding offer to purchase sports and lifestyle company Boardriders, which has a portfolio of brands including Quiksilver, Billabong, Roxy and more.
  The group, which already ow
  
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• Clarks UK managing director Joe Ulloa exits

  04-04-2023 10:17 via retailgazette.co.uk
  
  // Clarks managing director of the UK, Ireland and MEA, Joe Ulloa has stepped down from his role
  // Chief executive Jonathan Ram will head up the UK and Ireland’s team until a successor is foundClarks managing director of the UK, Ireland, the Middle East and Africa has stepped down from his role, Drapers reports
  Joe Ulloa joined the footwear retailer back in 2017 as retail and franchise director of the UK and Europe before becoming managing director of the UK and Ireland in 2019 and managi
  
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• The Body Shop owner Natura &Co sells Aesop to L’Oreal for £2bn

  04-04-2023 09:02 via retailgazette.co.uk
  
  // Natura &Co sells Aesop to French cosmetics giant L’Oreal for £2 billion
  // Natura &Co said the deal will strengthen its finances and free up resourcesThe Body Shop owner Natura &Co has sold Aesop to French cosmetics giant L’Oreal for £2 billion as it “focuses on strategic priorities”.
  Natura &Co said the deal will strengthen its finances and free up resources to focus on its strategic priorities, such as the integration in Latin America and
  
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• Waitrose and Warburton in talks to bring back the crumpet maker to shelves

  04-04-2023 08:40 via retailgazette.co.uk
  
  // Warburtons vows to return to Waitrose’s shelves after being removed last year over performance
  // The bakery said it would be “just a matter of time” before the supermarket stocked its products againWarburtons has pledged to return to Waitrose’s shelves after a row that broke out over the crumpet maker’s performance.
  Waitrose stopped selling Warburtons products last year after the brand’s performance “didn’t meet expectations”.
  The bakery&
  
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• L’Oréal buys Australian luxury cosmetics group Aesop in $2.5bn deal

  04-04-2023 04:24
  Brazil’s Natura divests to cut debt and focus on other brands
  
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• The Original Factory Shop to be sold

  04-04-2023 02:00 via theretailbulletin.com
  
  The owner of The Original Factory Shop, has begun the sale process after more than 15 years as the discount retailer’s owner. Sky News understands that... View Article
  
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• Sainsbury’s removes 140 tonnes of plastic from whole chicken packaging

  04-04-2023 02:00 via theretailbulletin.com
  
  Sainsbury’s has announced that its By Sainsbury’s whole chicken range has now been made trayless. The change affects five products in total, including all By Sainsbury’s whole chickens ranging from... View Article
  
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• Online tech retailer ebuyer acquired

  04-04-2023 02:00 via theretailbulletin.com
  
  Cambridge-based investor Mark Reed and industry veteran Rich Marsden have announced the acquisition of ebuyer. The technology retailer, which is based in Goole, reported a £241m... View Article
  
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• Natura to sell Aesop to L’Oreal

  04-04-2023 02:00 via theretailbulletin.com
  
  Natura & Co is to sell its Aesop luxury skincare brand to L’Oréal in a $2.5 billion deal. The acquisition is  expected to complete in the... View Article
  
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• Majestic opens small store concept as it ‘accelerates bricks and mortar investment’

  04-04-2023 02:00 via retailgazette.co.uk
  
  // Majestic opens new small store concept in Harpenden, half the size of the average Majestic shop
  // The business plans to open a further eight new shops during the next 12 monthsMajestic has opened the doors to its new small store concept in Harpenden as it trials new ways of expanding its brick-and-mortar presence.
  The UK’s largest specialist wine retailer‘s new store is less than half the size of the average Majestic shop at 1,800 sq ft, allowing the business to test a fresh appr
  
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• In pictures: Majestic opens small store concept

  04-04-2023 02:00 via retailgazette.co.uk
  
  // Majestic opens new small store concept in Harpenden, half the size of the average Majestic shop
  // The business plans to open a further eight new shops during the next 12 monthsMajestic has opened the doors to its new small store concept in Harpenden as it trials new ways of expanding its brick-and-mortar presence.
  The UK’s largest specialist wine retailer‘s new store is less than half the size of the average Majestic shop at 1,800 sq ft, allowing the business to test a fresh appr
  
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• How the INKEY List’s SMS programme with Attentive drives incremental revenue

  04-04-2023 02:00 via theretailbulletin.com
  
  Learn how skincare brand The INKEY List uses personalised text messaging to increase growth, revenue, and retention. The INKEY List knows that skincare can be confusing.... View Article
  
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• GroceryAid to launch new awareness campaign

  04-04-2023 02:00 via theretailbulletin.com
  
  GroceryAid, the charity that provides free and confidential support to people working in the grocery sector, will be running a new awareness campaign next month. Due... View Article
  
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• DELIGHTing CUSTOMERS WITH ​EXCEPTIONAL TASTING COFFEE

  04-04-2023 02:00 via theretailbulletin.com
  
  Offering a personalised experience and memorable atmosphere is key for retail businesses. Providing an exceptional customer experience is what sets successful businesses apart and one simple... View Article
  
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• Delighting customers with exceptional tasting coffee

  04-04-2023 02:00 via theretailbulletin.com
  
  Offering a personalised experience and memorable atmosphere is key for retail businesses. Providing an exceptional customer experience is what sets successful businesses apart and one simple... View Article
  
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• Comment: don’t fall for technology hype

  04-04-2023 02:00 via theretailbulletin.com
  
  Much of the buzz within the retail industry of late has been around the impact of AI and the gazillion potential applications of its much-hyped new... View Article
  
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• Clarks’ managing director for the UK, ROI & MEA steps down

  04-04-2023 02:00 via theretailbulletin.com
  
  Clarks’ managing director of the UK, Ireland, the Middle East and Africa has stepped down from his role, according to a report by Drapers. Joe Ulloa... View Article
  
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• Authentic Brands to acquire owner of Quiksilver, Billabong and Roxy

  04-04-2023 02:00 via theretailbulletin.com
  
  Authentic Brands Group has made a binding offer to purchase sports and lifestyle company Boardriders. The group said the move will diversify and expand its portfolio... View Article
  
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