Retail news

• Amazon Coventry strikers ramp up industrial action

  17-04-2023 17:25 via retailgazette.co.uk
  
  // Workers at the Coventry warehouse of ecommerce giant Amazon have begun a fresh round of strike action, with hundreds of staff involved in an escalating dispute.
  // To find out more, visit Retail Gazette’s sister site, Charged RetailThe dispute centres on levels and GMB union members are planning three days of strikes at BHX4, which started on Sunday 16 April and go through to Tuesday 18 April. Another three strike days are planned from 21 to 23 April.
  CLICK HERE TO HEAR READ MORE ABOUT
  
  Read more

• THG shares soar following takeover bid from private equity giant Apollo

  17-04-2023 15:07 via retailgazette.co.uk
  
  // THG receives highly preliminary approach from private equity giant Apollo
  // Apollo has until May 15 to confirm whether or not it will make an offer for the firm under takeover rulesTHG shares surged over 40% after it confirmed it has received a very preliminary takeover approach from Apollo.
  The online retail group, which was responding to press speculation said it had received a “highly preliminary and non-binding indicative proposal” from the private equity giant
  THG said
  
  Read more

• How much is a pint of milk? Asda, Aldi and Lidl make cuts to compete with Tesco and Sainsbury’s

  17-04-2023 15:00 via retailgazette.co.uk
  
  // Asda, Aldi and Lidl have joined the fray, slashing the price of own-brand milk by 5p per pint
  // The supermarkets say they are taking “swift action” to support customers – but is it enough?Asda, Aldi and Lidl have followed in the footsteps of supermarket rivals Tesco and Sainsbury’s by slashing the price of their own-brand milk by 5p.
  The retailers have joined in the dairy wars by cutting the price of a pint, the latest move in the ongoing battle to help win over shopp
  
  Read more

• Aldi rolls out allyship training to all UK managers

  17-04-2023 13:22 via retailgazette.co.uk
  
  // Aldi rolls out allyship training and diversity support to all its UK managers
  // The training will cover topics including raising awareness of what allyship is and its benefitsAldi is rolling out allyship training to all of its managers across the UK to help ensure that its workforce of around 40,000 colleagues feel respected and included across the business.
  The training will aim to empower and encourage managers to better support, collaborate with and advocate for colleagues from minority g
  
  Read more

• Advertisement

• THG receives takeover bid from Apollo

  17-04-2023 13:19
  Ecommerce group’s shares surge more than 40% after approach
  
  Read more

• Urban Outfitters to open King’s Road ‘summer dress’ pop-up this month

  17-04-2023 13:06 via retailgazette.co.uk
  
  // Urban Outfitters is opening a new ‘Summer Dress’ pop-up store on London’s Kings Road
  // The pop-up adds to the continued expansion of the fashion retailer in Europe, with three further spaces set to open from June 2023Urban Outfitters is set to open the doors to a new ‘Summer Dress Shop’ pop-up store at London’s Kings Road.
  The 275 sq ft pop-up attached to Anthropologie, which the fashion retailer called a dedication to the “celebration of summer and
  
  Read more

• B&M scraps online home delivery service

  17-04-2023 12:24 via retailgazette.co.uk
  
  // B&M has ditched its online home delivery service which was first offered to shoppers last June on a trial basis
  //The retailer offered a range of heavier general merchandise products which shoppers could struggle to take home themselves
  B&M has decided to terminate its online home delivery service following a trial period, Retail Week reports.
  First trialled last June, it offered the service for its range of heavier general merchandise products which shoppers would struggle to transpo
  
  Read more

• Quiz posts strong sales despite inflation dampening demand

  17-04-2023 10:58 via retailgazette.co.uk
  
  // Quiz posts a 17% increase in revenue in the 12 months ending March 31
  // The business said gross margins were “in line with management expectations and consistent” with last yearQuiz saw its group revenue increase by 17% to £91.7 million in the year to 31 March after shoppers returned to stores.
  Sales at the fashion retailer‘s UK stores and concessions rose 43% to £45.5 million in the period while online sales increased 12% to £29.8 million and interna
  
  Read more

• Advertisement

• Australians among the least likely in the world to pay with cash, global report finds

  17-04-2023 10:28
  
  Cash payments are no longer king, representing just a fraction of the value of point-of-sale transactions in AustraliaFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastWhen it comes to settling the food bill or shopping at a retail outlet in Australia, cash is not king.Cash payments represent just 6% of the value of point-of-sale (POS) transactions in Australia, according to a global report by the US-based financial
  
  Read more

• M&Co to close 43 stores by end of April

  17-04-2023 09:38 via retailgazette.co.uk
  
  // M&Co is closing a further 43 stores this month as it looks to shutter all 170 branches
  // The retailer failed to find a buyer for its physical stores following its collapse into administration last DecemberM&Co is set to close a further 43 stores this month following its collapse into administration at the end of last year.
  The retailer is in the process of shuttering all its 170 branches, which it aims to have completed by this Spring.
  Yours Clothing owner AK Retail Holdings sna
  
  Read more

• PrettyLittleThing CEO Umar Kamani steps down

  17-04-2023 09:13 via retailgazette.co.uk
  
  // PrettyLittleThing CEO Umar Kamani steps down from his role after 12 years
  // The founder shared on Twitter he was leaving to pursue “new challenges and goals”PrettyLittleThing chief executive Umar Kamani has stepped down from his role after 12 years.
  Kamani, who setup the company with his brother in 2012, shared on Twitter he had made the “difficult decision” to leave his role and would pursue “new challenges” with hopes to “build new brands&rdqu
  
  Read more

• Asda adds ‘self-driving’ vehicles to its west London delivery fleet

  17-04-2023 08:42 via retailgazette.co.uk
  
  // Asda adds driverless vehicles to its delivery fleet in Park Life, west London
  // The supermarket chain has partnered with technology firm Wayve to trial “self-driving” delivery vehicles.Asda is trialling driverless delivery vehicles in what it describes as Britain’s biggest autonomous grocery home delivery trial.
  The supermarket giant, in partnership with technology firm Wayve, has added the “self-driving” vehicles to its existing fleet at its Park Royal sto
  
  Read more

• How to buy the right laptop for you at the best price

  17-04-2023 08:00
  
  Tech experts on how to work out want you need, set a budget and find the perfect device – or upgrade an existing one“The first question we’d ask is: ‘What are you going to be using it for?’” John Webster, the managing director of Digital Doctors in Brighton, says. “That is ultimately what guides us in terms of recommending what a person wants to buy.” Continue reading...
  
  Read more

• THG confirms takeover proposal from Apollo

  17-04-2023 02:00 via theretailbulletin.com
  
  Online retailer THG has confirmed it has received a highly preliminary and non-binding indicative takeover proposal from private equity firm Apollo Global Management. As a result,... View Article
  
  Read more

• Tapestry appoints new board member

  17-04-2023 02:00 via theretailbulletin.com
  
  Tapestry, the parent company of Coach, Kate Spade and Stuart Weitzman, has appointed Alan Lau to its board of directors. Lau is currently working as chief... View Article
  
  Read more

• Quiz posts strong full year sales increase

  17-04-2023 02:00 via theretailbulletin.com
  
  Women’s fashion retailer Quiz saw its group revenue increase by 17% to £91.7 million in the year to 31 March after it benefited from more customers... View Article
  
  Read more

• Quiz post strong full year sales increase

  17-04-2023 02:00 via theretailbulletin.com
  
  Women’s fashion retailer Quiz saw its group revenue increase by 17% to £91.7 million in the year to 31 March after it benefited from more customers... View Article
  
  Read more

• PrettyLittleThing Founder steps down

  17-04-2023 02:00 via theretailbulletin.com
  
  PrettyLittleThing founder Umar Kamani has announced he will be stepping down as CEO after 12 years of running the fashion empire. The businessman, 35, who is... View Article
  
  Read more

• Outdoor experts Alpkit opens new store in Inverness

  17-04-2023 02:00 via theretailbulletin.com
  
  The British B-Corp Alpkit has opened its tenth and most northerly store in Inverness. Launching in partnership with The Ledge Climbing Gym, Alpkit Inverness will be... View Article
  
  Read more

• Liverpool ONE to host Eurovision pop-up store

  17-04-2023 02:00 via theretailbulletin.com
  
  The Liverpool ONE shopping and leisure destination is to become the official Eurovision Song Contest pop-up store when Liverpool hosts the international competition on behalf of... View Article
  
  Read more

• [Indie Interview] David Hanney, CEO & CoFounder. Alpkit

  17-04-2023 02:00 via theretailbulletin.com
  
  What started out as a straight forward interview with CEO and Co-Founder David, of Alpkit about the opening of their tenth store, ending up being a... View Article
  
  Read more

• Go Outdoors opens new “Go Express” stores

  17-04-2023 02:00 via theretailbulletin.com
  
  Go Outdoors is opening two new express-style stores across the Midlands as part of this year’s country-wide expansion plans. The new smaller shops in Birmingham and... View Article
  
  Read more

• Bestway Group’s Well Pharmacy acquires Lexon

  17-04-2023 02:00 via theretailbulletin.com
  
  Well Pharmacy has acquired Lexon UK Holdings and Asurex Limited, a family-owned pharmaceutical wholesaler. Well Pharmacy is a subsidiary of Bestway Group. Lexon is a family-owned... View Article
  
  Read more

• AO raises profit outlook

  17-04-2023 02:00 via theretailbulletin.com
  
  AO World has said profit in the year to 31 March 2023 is set to come in at the top end of expectations. In a trading... View Article
  
  Read more

• Aldi enhances allyship support with training for more than 800 managers

  17-04-2023 02:00 via theretailbulletin.com
  
  Aldi is rolling out allyship training to all of its UK managers to help ensure that its staff members  feel respected and included in the workplace.... View Article
  
  Read more

Follow @retailuknws on Twitter!