Retail news

• Boots No7 launches ‘breakthrough’ in skincare – but does science stack up?

  13-04-2023 18:43
  
  While experts cautiously positive on anti-ageing effects of new range, evidence it is ‘world first’ may fall short The latest Boots No7 range, Future Renew, was launched this week to considerable fanfare, not merely a new face cream, but a “world-first breakthrough in skincare research”.Since 2007, when a Horizon documentary on the science behind its Protect & Perfect range prompted an unprecedented consumer stampede, the Boots No7 team has been taking the “here
  
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• Boots launches new No7 face range at Science Museum – but does the science stack up?

  13-04-2023 18:43
  
  While experts cautiously positive on anti-ageing effects, evidence of ‘world first breakthrough’ may fall shortThe latest Boots No7 range, Future Renew, was launched this week to considerable fanfare, not merely a new face cream, but a “world first breakthrough in skincare research”.Since 2007, when a Horizon documentary on the science behind its Protect&Perfect range prompted an unprecedented consumer stampede, the Boots No7 team has been taking the “here comes
  
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• John Lewis expands kidswear with new ‘tweens’ range as it eyes ‘significant’ growth

  13-04-2023 17:27 via retailgazette.co.uk
  
  // John Lewis unveils a significant expansion of its kidswear range
  // It includes the retailer’s first-ever collection designed specifically for tweens, alongside a range of popular brandsJohn Lewis has expanded and revamped its children’s fashion business, as it looks to significantly grow its share of the UK market by appealing to children of all ages.
  The new collection features over 2,100 more lines, including the retailer’s first own-label ‘tween’ collection f
  
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• 4 ways Tesco is winning shoppers during the cost-of-living crisis

  13-04-2023 17:20 via retailgazette.co.uk
  
  Tesco profits halved to £753m in an “incredibly tough year for customers” as it battled soaring inflation.
  But it wasn’t all doom and gloom for Britain’s largest retailer as it posted a 7% jump in annual sales to £66bn including a 3.3% increase at its UK supermarket.
  Chief executive Ken Murphy hailed a “strong performances driven by all parts of the group”.
  With all grocers grappling with the ongoing cost-of-living crisis and the growing domin
  
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• Tesco: operations resilient amid battle of many fronts

  13-04-2023 16:42
  Avoiding further profit erosion is as good as it gets under the circumstances
  
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• Tesco chickens linked with Amazon deforestation

  13-04-2023 16:30 via retailgazette.co.uk
  
  // READ MORE ON GROCERY GAZETTEChickens sold in Tesco have been linked to deforestation in the Amazon rainforest in an investigation by an environmental campaign group.
  In their latest report “Tesco: A basket of problems”, the campaign group Mighty Earth linked chicken and pork products with illegal fires and the deforestation of 400 hectares of Brazilian rainforest, after looking at satellite images of the Santa Ana farm in the Mato Grosso region of Brazil.
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• Sainsbury’s follows Tesco in cutting price of milk by 5p a pint

  13-04-2023 15:54
  
  Spring oversupply leads to first cut since 2020, although price still third higher than just over year agoSainsbury’s has followed Tesco in cutting the price of milk by 5p a pint as supermarkets take advantage of a spring boost to production.Tesco, the UK’s biggest supermarket, cut the price of milk to 90p for a pint or £1.55 for four pints – a reduction of 10p – for the first time since 2020 this week. Continue reading...
  
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• Asda workers to get paid day off for King Charles III’s coronation

  13-04-2023 15:07 via retailgazette.co.uk
  
  // Asda is offering all hourly paid store colleagues a paid day off for the King’s coronation bank holiday on May 8 to participate in The Big Help Out volunteering scheme
  // Any staff who want to volunteer can request to book the day off and it will not affect their normal holiday entitlement.Asda is offering all hourly paid store staff the option to take the coronation bank holiday Monday off next month.
  Staff at the supermarket can request a day off to participate in The Big Help Out, a
  
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• Fashion designer Dame Mary Quant dies aged 93

  13-04-2023 14:42
  
  Family says she was ‘an outstanding innovator of the Swinging Sixties’ and died peacefully at homeMary Quant, the British designer who made the miniskirt fashionable, has died aged 93.A statement from her family to the PA news agency said she “died peacefully at home in Surrey, UK this morning”. Continue reading...
  
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• How Tesco is winning shoppers during the cost-of-living crisis

  13-04-2023 13:47 via retailgazette.co.uk
  
  Tesco saw its profits halve last year to £753m citing an “incredibly tough year for customers” as it battled soaring inflation resulting in customers reigning in spending.
  But it wasn’t all doom and gloom for Britain’s largest retailer as it posted a 7% jump in annual sales to £66bn including a 3.3% increase at its UK supermarkets with chief executive Ken Murphy hailing “strong performances driven by all parts of the group”.
  With hoards of business
  
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• Uber Eats and Coles supermarkets to offer deliveries in Australia under new deal

  13-04-2023 12:44
  
  Transport Workers Union praised the arrangement as a ‘powerful opportunity’ to improve workers’ conditions and entitlementsGet our morning and afternoon news emails, free app or daily news podcastUber Eats will offer grocery deliveries from Coles supermarkets under a new deal involving 500 of the supermarket chain’s stores across Australia.Thousands of Coles products will be available to order through the app, which gig economy workers will pack from grocery store shelves
  
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• Will Asos take on Boohoo in 2023? Analysts weigh in

  13-04-2023 12:30 via retailgazette.co.uk
  
  // Shares in two of the UK’s biggest online fast fashion retailers, Asos and Boohoo, have soared during 2023, despite being the focus of stock-shorting by bearish hedge funds.
  // To find out more, visit Retail Gazette’s sister site, Charged RetailAnd there is little consensus over which of the online giants has the best prospects for the remainder of the year, as both recover from a torrid 2022.
  CLICK HERE TO LEARN MORE ABOUT THE PREDICTIONS
  Click here to sign up to Retail Gazette&ls
  
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• Superdrug and Savers offers staff option to be paid early

  13-04-2023 11:42 via retailgazette.co.uk
  
  // Superdrug and Savers joins Asda in offering employees the option to be paid early
  // The health and beauty retailers have introduced a series of new wellbeing benefits to support staff with rising financial pressuresSuperdrug and Savers have become the latest retailers to offer its staff the option of being paid early as it looks to support colleagues through the rising cost of living.
  The health and beauty retailers’ parent company AS Watson Group has partnered with fintech firm W
  
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• In pictures: PrettyLittleThing opens London showroom and office space

  13-04-2023 11:13 via retailgazette.co.uk
  
  // PrettyLittleThing opens new showroom and office space in central London
  // The space house a content room, photo studio, working offices, meeting roomsPrettyLittleThing has opened the doors to a new showroom and office space located on 29-31 Great Portland Street, in the heart of Oxford Circus.
  The 4,375sq ft showroom has been transformed into an on-brand pink haven and follows the success of similar openings in Paris, Miami and Los Angeles.The online fast-fashion retailer’s new sp
  
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• Rituals to open immersive spring pop-up in London’s Covent Garden

  13-04-2023 10:49 via retailgazette.co.uk
  
  // Rituals is running a two-day pop-up later this month to celebrate its ‘The Ritual of Sakura’ range
  // Vistors will be able to discover the range through augmented reality as well as have the chance to win prizesRituals is to open an immersive two-day pop-up this month to celebrate its ‘The Ritual of Sakura’ collection.
  The ticketed event taking place in London’s Covent Garden will run from 21-22 April and showcase the story behind the luxury beauty retailer&rsquo
  
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• Look at the Lights, My Love by Annie Ernaux review – supermarket blues

  13-04-2023 10:00
  
  The Nobel laureate’s diaristic reflections on retail leave much to be desiredSupermarkets. What are they? Places to shop, to fill your fridge? Sociologists have argued that they are “non-places” – soulless, inferior to more modestly sized grocers, evidence of the horrors of modern agronomics, shrines to the banality of consumerism. For Don DeLillo, in White Noise, a supermarket “changes us spiritually, it prepares us, it’s a gateway … All the letters an
  
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• Holland & Barrett owner eyes bid for Planet Organic

  13-04-2023 09:21 via retailgazette.co.uk
  
  // Holland & Barrett owner LetterOne eyes stake in struggling grocer Planet Organic
  // The organic supermarket chain has sought an extension to a notice to file administrators it filed last monthHolland & Barrett owner LetterOne is in talks about a last-minute rescue bid for struggling organic supermarket chain Planet Organic.
  The Russian-linked investment group is one of several suitors interested in snapping up parts of the grocer which is on the brink of collapse, Sky News report
  
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• Tesco profits halve amid ‘incredibly tough year for customers’

  13-04-2023 09:17
  
  Profits down to £753m as retailer faced operating cost inflation and write-down on value of some propertiesBusiness live – latest updatesProfits at Tesco halved last year to £753m in what the grocer called an “incredibly tough year for customers” as it battled “significant operating cost inflation” and wrote down the value of some properties.The UK’s biggest retailer said sales rose 7.2% to £65.7bn in the year to 25 February, including a 3.3%
  
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• Tesco forecasts flat profits as inflation hits supply chain

  13-04-2023 09:14
  UK’s largest supermarket group says it is battling higher costs as it seeks to stay competitive on price
  
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• Tesco forecasts flat profits after inflation hits supply chain

  13-04-2023 09:14
  UK’s largest supermarket group battles higher costs as it seeks to stay competitive on price
  
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• Tesco profits dive 50% as inflation bites

  13-04-2023 08:56 via retailgazette.co.uk
  
  // Tesco’s full year pre-tax profits have dropped by more than hald due to soaring inflationary costs
  // The supermarket giant posted group sales excluding fuel rose 5.3% to £57.6mTesco has revealed that its pre-tax profits plummeted by more than 50% over the past year, despite maintaining a strong sales performance amid the cost-of-living crisis.
  The supermarket giant’s pre-tax profits dropped to £1bn for the year to February, down 50.8% from £2.033bn the previous
  
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• If the lid snaps shut on Tupperware, we’ll all be sorry | Zoe Williams

  13-04-2023 08:00
  
  Suburbia, feminism, the Queen’s breakfast: you could tell a history of the 20th century through those plastic lifesaversWhat Covid did to various businesses will never make total sense to me. But it appears to have both saved Tupperware, briefly, and now scotched it, the pandemic bounce for the storage container dropping off so precipitously that the Massachusetts firm says it could go bust if it can’t find emergency funding. Competitors are too good at TikTok, is another explanation
  
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• Do you suffer from shop blindness? I’ve struggled to locate coconut milk for years | Adrian Chiles

  13-04-2023 08:00
  
  Always looking but never finding, my shopping trips can be a disorienting experience. I am forever lost between the aislesIs shop blindness a thing? If it is, I’m afflicted. It happens when I’m in a big shop that sells millions of things and I simply can’t find what I’m looking for, even though I know it’s there. This happens most frequently in supermarkets, where paralysis of choice is often the problem. So many peanut butters. So many toilet rolls. So many washing
  
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• Do you suffer from shop blindness? I’ve struggled to locate coconut milk for years

  13-04-2023 08:00
  
  Always looking but never finding, my shopping trips can be a disorienting experience. I am forever lost between the aislesIs shop blindness a thing? If it is, I’m afflicted. It happens when I’m in a big shop that sells millions of things and I simply can’t find what I’m looking for, even though I know it’s there. This happens most frequently in supermarkets, where paralysis of choice is often the problem. So many peanut butters. So many toilet rolls. So many washing
  
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• Tesco profits fall after “incredibly tough year for customers”

  13-04-2023 02:00 via theretailbulletin.com
  
  Tesco has posted a fall in full year profit after being hit by “unprecedented levels of inflation”. In the year to 25 February 2023, adjusted retail... View Article
  
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• Superdrug and Savers announce new employee benefits

  13-04-2023 02:00 via theretailbulletin.com
  
  Superdrug and Savers are introducing a series of new wellbeing benefits to ensure employees feel financially supported throughout 2023. The health and beauty retailers will also... View Article
  
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• OG Kicks to open first London store

  13-04-2023 02:00 via theretailbulletin.com
  
  OG Kicks has chosen the Carnaby shopping district for the opening of its first London store. Due to launch in May in Foubert’s Place, the shop... View Article
  
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• Merry Hill signs Schuh Kids as Vanilla opens

  13-04-2023 02:00 via theretailbulletin.com
  
  Schuh Kids, the kidswear-focused arm of footwear retailer Schuh, is to open a new store at the Merry Hill retail and leisure destination. Due to launch... View Article
  
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• Lightspeed appoints new EMEA Managing Director in continued path to profitable growth

  13-04-2023 02:00 via theretailbulletin.com
  
  Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, has today announced... View Article
  
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• Kidly crowdfunds to expand own label

  13-04-2023 02:00 via theretailbulletin.com
  
  Kidly, the online retailer for children up to the age of five, has launched a crowdfunding campaign via the Seedrs platform as part of plans to... View Article
  
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• Holland & Barrett owners in talks with struggling Planet Organic

  13-04-2023 02:00 via theretailbulletin.com
  
  Holland & Barrett owner LetterOne, is in talks about a last-minute rescue bid for struggling organic supermarket chain, Planet Organic. The Russian-linked investment group, is among... View Article
  
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• ESG Roundtable

  13-04-2023 02:00 via theretailbulletin.com
  
  We’d like to invite you to the first in a series of roundtable discussions in association with The Retail Bulletin to examine the current ESG challenges... View Article
  
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• Dunhill appoints new creative director

  13-04-2023 02:00 via theretailbulletin.com
  
  Luxury menswear brand Dunhill has appointed Simon Holloway as creative director. Holloway has joined the business from fellow Richemont brand James Purdey & Sons where he... View Article
  
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• 20-Minute Glasses retailer eyes expansion

  13-04-2023 02:00 via theretailbulletin.com
  
  Low-cost glasses retailer, Pop Specs, that provides stylish prescription spectacles in just 20 minutes, is set to open five new stores across the UK in Newcastle,... View Article
  
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• [ WEBINAR ] U.K. Retail Gifts Cards Evaluated: Comprehensive Guide for Best Practice & Opportunities

  13-04-2023 02:00 via theretailbulletin.com
  
  Are you looking to enhance your gift card programme and improve customer engagement? This webinar will showcase the latest insights from the “U.K. Retail Gifts Cards... View Article
  
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