Retail news

• Sainsbury’s offers up to 50% off with Nectar Prices launch in bid to rival Tesco Clubcard

  11-04-2023 17:47 via retailgazette.co.uk
  
  // Sainsbury’s launches new loyalty initiative Nectar Prices
  // The supermarket giant is offering up to half price on 300 products to member’s of its Nectar loyalty schemeSainsbury’s is offering customers up to half price on hundreds of products in stores and online as part of its new loyalty initiative, Nectar Prices.
  From today, members of the supermarket giant’s Nectar card scheme will have access to greater discounts on some 300 items, including Nescafe Gold Blen
  
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• The first-party data gap is seriously costing retailers – but there’s time to plug it 

  11-04-2023 17:43 via retailgazette.co.uk
  
  Scale of retailers’ first-party data gaps is costing them serious money, Wunderkind report finds
  For marketers, 2023 will be the year of first-party data.
  The era of third-party cookies is almost over, putting the onus on retailers to focus on their owned channels and data to drive results – so why are so many yet to make the first-party pivot?
  The 2023 WunderkIndex report, produced by performance marketing experts Wunderkind and based on a comprehensive 6-month study of 99 leading e
  
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• THG warns of 180 redundancies amid major division closure

  11-04-2023 17:09 via retailgazette.co.uk
  
  // THG informed staff on Tuesday, April 4, that 180 jobs are at risk of being eliminated following the closure of its OnDemand division.
  // To find out more, visit Retail Gazette’s sister site, Charged Retail: click hereAccording to BusinessLive, THG is also shutting down an online road cycling specialist retailer ProBikeKit which it acquired in 2013.
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• Need a composable PIM? Find out in the latest Gartner report

  11-04-2023 16:40 via retailgazette.co.uk
  
  Read the latest Gartner report on composable PIM: “Quick Answer: What Data and Analytics Leaders Need to Know About Composable PIM”, by Helen Grimster, February 7, 2023.
  “Choosing a composable PIM provides businesses with a forward-looking application ready to anticipate changes, innovate and continually deliver the optimal product content.” Helen Grimster, 7 February 2023
  Access the report to learn:What composable PIM offers compared to traditional PIM
  Why comp
  
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• M&S Food extends price lock until summer

  11-04-2023 15:46 via retailgazette.co.uk
  
  // M&S Food extends its price lock promise for the third time
  // Over 100 customer favourites have been frozen in price until the summerM&S is extending its price lock promise on over 100 customer favourites until the summer.
  The new round will feature a “refreshed line-up” of products replacing its existing offer which came to an end over the Easter weekend.
  A number of fresh produce, cupboard staples and family essentials have been locked in price.Subscribe to Retail Gazett
  
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• Court of Appeal rejects Sainsbury’s attempt to challenge equal pay claims

  11-04-2023 13:03 via retailgazette.co.uk
  
  // READ MORE ON GROCERY GAZETTEAn attempt by Sainsbury’s to challenge an equal pay claim, on the grounds an employment tribunal should have declined most of the claims on a technicality, has been dismissed by the Court of Appeal.
  As a result, more than 700 members of staff suing the Big 4 grocer and in-store pharmacy chain Lloyds, have won their bid to remain in a long-running equal pay suit, according to reporting by Law360.
  Read more on Grocery GazetteSubscr
  
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• Jigsaw CEO Beth Butterwick and Next Beauty CEO Amanda Scott join Future Consumer Debate

  11-04-2023 12:29 via retailgazette.co.uk
  
  // New event offers retail leaders the chance to connect and debate the best way to connect with the consumer of tomorrow
  // Jigsaw CEO Beth Butterwick, Next Beauty CEO Amanda Scott, Clarks CIO Simon Clarke, Ikea UK Sustainability Manager Greg Lucas among senior leaders appearing in the debateBeth Butterwick, CEO of Jigsaw, and Amanda Scott, CEO of Next Beauty are among the latest names to be added to the inaugural Future Consumer Debate. The new event from Retail Gazette is designed to bring le
  
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• Sainsbury’s begins offering lower prices to Nectar card holders

  11-04-2023 12:20
  
  Supermarket’s exclusive deals follow Tesco’s successful Clubcard Prices offerSainsbury’s has begun offering lower prices on more than 300 items to members of its Nectar loyalty card scheme in a move that will rival Tesco’s Clubcard scheme.The Nectar Prices scheme offers deals when members of the supermarket’s loyalty programme swipe their card or app in large stores or link to their account online, in a similar way to its rival Tesco’s successful Clubcard Pric
  
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• Sainsbury’s offers up to 50% off with new Nectar Prices in a bid to rival Tesco Clubcard

  11-04-2023 11:29 via retailgazette.co.uk
  
  // Sainsbury’s launches new loyalty initiative Nectar Prices
  // The supermarket giant is offering up to half price on 300 products to member’s of its Nectar loyalty schemeSainsbury’s is offering customers up to half price on hundreds of products in stores and online as part of its new loyalty initiative, Nectar Prices.
  From today, members of the supermarket giant’s Nectar card scheme will have access to greater discounts on some 300 items, including Nescafe Gold Blen
  
  Read more

• Zara owner Inditex’s sale of Russia business gets approved

  11-04-2023 10:55 via retailgazette.co.uk
  
  // Zara owner Inditex gets green flag on the sale of its Russia business to UAE-based Daher Group
  // Daher Group will reopen the stores this month and next under new brandingInditex’s sale of Zara’s Russia business to UAE-based Daher Group has been approved by the Russian government.
  The decision was confirmed by Russia’s deputy minister of industry and trade Viktor Kvtukhov on Wednesday.
  The sale includes the entirety of the retail giant’s Russian business, includin
  
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• Footasylum embarks on 2023 store expansion spree with new openings and upsizings

  11-04-2023 10:26 via retailgazette.co.uk
  
  // Footasylum is set to open a new 6,000 sq ft store in Watford in the third quarter of 2023 as it unveils a series of new store openings and expansions
  // Other store openings will be announced in due course, including plans for a ‘high profile site’ in Central LondonFootasylum is planning a series of new store openings and upsizings across the UK throughout 2023, as demand increases for its branded streetwear offering, particularly womenswear.
  The retailer is first set to open
  
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• The Rise of Local Marketing in Retail 2023

  11-04-2023 10:03 via retailgazette.co.uk
  
  We are excited to launch our report, “The Rise of Local Marketing in Retail 2023”. We surveyed 1,000+ retailers and consumers to compare industry changes seen over the last year and delve into upcoming trends in retail. The report examines the evolving customer journey and how it affects both retailers and consumers, as well as the benefits of implementing a Smart Retail strategy.
  Alongside retail experts, we break down the most pressing topics surrounding modern retail including:How
  
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• Mother’s Day boosts UK retail sales in March

  11-04-2023 09:20 via retailgazette.co.uk
  
  // Retail sales rose by 5.1% in March, compared to 3.1% in March 2022, above the three-month average of 4.8%
  // Like-for-like sales rose 4.9% in March, versus a decline of 0.4% in March 2022UK retail sales climbed slightly less than the previous month in March despite lower volumes year on year, with Mother’s Day offering a minor lift as inflation continues to bite.
  According to the latest study released on Tuesday by KPMG and the British Retail Consortium, total retail sales rose by 5.1%
  
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• Poundstretcher eyes stock market float

  11-04-2023 08:34 via retailgazette.co.uk
  
  // Poundstretcher has hired advisors to look at a potential stock market float
  // It is not yet clear if the retailer would float on the primary market of the London Stock Exchange or its junior market, AIMAccording to City insiders, Poundstretcher is considering a stock market float.
  The discount retailer is understood to have hired advisers to look at listing in London after its sales boomed during Covid, This is Money reports.
  It is not yet clear if Poundstretcher would float on the primary m
  
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• Waitrose to add Gail’s Bakery areas to 64 stores

  11-04-2023 02:00 via theretailbulletin.com
  
  Waitrose is to launch Gail’s Bakery areas within 64 of its shops in the south and east of England by May this year. The supermarket will... View Article
  
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• Trust issues: Jacqueline Gold was an inspiration to everyone at the Retail Trust

  11-04-2023 02:00 via theretailbulletin.com
  
  It was with such incredible sadness that we at the Retail Trust learnt of the untimely passing of Jacqueline Gold CBE last month after a courageous... View Article
  
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• Top Tips from the People in Retail Awards Judges

  11-04-2023 02:00 via theretailbulletin.com
  
  Not long now to get your award winning entries for the People in Retail Awards in! With this in mind, we talk to our judging panel... View Article
  
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• Sainsbury’s introduces Nectar Prices on hundreds of products

  11-04-2023 02:00 via theretailbulletin.com
  
  Sainsbury’s has reduced prices on hundreds of products for members of its Nectar card loyalty programme. In a move which rivals Tesco’s Clubcard, the new Nectar... View Article
  
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• Marks & Spencer extend price lock as part of value promise to customers

  11-04-2023 02:00 via theretailbulletin.com
  
  M&S Food has extended its price lock on over 100 products until Summer, as part of its promise to deliver trusted value for its 30m customers.... View Article
  
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• Former Co-op Food chief executive to head up Hilton Food Group

  11-04-2023 02:00 via theretailbulletin.com
  
  Steve Murells, the former head of Co-op Food, has been appointed as the chief executive of Hilton Food Group. Due to take up his role from... View Article
  
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• EL&N Café to make regional debut at Hammerson’s Bullring

  11-04-2023 02:00 via theretailbulletin.com
  
  Hammerson has signed up café and lifestyle brand EL&N Café for a space at Birmingham’s Bullring as part of its strategy to enliven its assets through... View Article
  
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• Checkpoint Systems acquires Alert Systems to strengthen its portfolio of solutions to combat Organized Retail Crime

  11-04-2023 02:00 via theretailbulletin.com
  
  Checkpoint Systems, a global leader in RFID and RF technology solutions, has acquired Denmark-based Alert Systems, a pioneering Internet of Things (IoT) specialist with a focus... View Article
  
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• Castore appoints Joe Joyce to its roster of brand ambassadors

  11-04-2023 02:00 via theretailbulletin.com
  
  Castore has appointed the World Boxing Organisation Interim Heavyweight Champion, Joe Joyce, as a brand ambassador. The athlete is the first tier one boxing ambassador to... View Article
  
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• Barker and Stonehouse unveils new flagship Gateshead store

  11-04-2023 02:00 via theretailbulletin.com
  
  Barker and Stonehouse has invested £5 million in a new flagship store in Gateshead. The 12th shop for the family-owned business, which opened its first outlet... View Article
  
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• UK consumer spending rises but still lags behind inflation

  11-04-2023 01:00 via ft.com
  Barclays data shows 4% increase in card expenditure but points to households cutting back amid cost pressures
  
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