Retail news

• With Tupperware’s fate all but sealed tight, readers share their favourite memories

  19-04-2023 17:00
  
  ‘I think of my mum in her happy moments. Tupperware was a permit for blissfulness in our home’Tupperware parties hold a special kind of nostalgia, but the days of the popular tight-sealing plastic container brand may be about to end.Shares in the Massachusetts firm, which became famous in the 1950s, crashed by almost 50% last week after it told investors there was “substantial doubt about the company’s ability to continue as a going concern”. Continue reading...
  
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• Watch: THG boss Matt Moulding calls out hedge funds and media in online rant

  19-04-2023 16:38 via retailgazette.co.uk
  
  // THG boss Matthew Moulding calls an end to ‘over-fishing’ in social media rant against hedge funds, the media and analysts
  // “In the words of Alanis Morissette ‘Isn’t it ironic’,” Moulding wrote on LinkedInTHG co-founder and CEO Matthew Moulding has published a lengthy video on social media, taking aim at institutional investors, stockbrokers, analysts and the media.
  Moulding took to LinkedIn to quote Alanis Morrisette and share a company video f
  
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• In pictures: Lacoste opens its largest UK flagship on Regent Street

  19-04-2023 16:23 via retailgazette.co.uk
  
  // Lacoste opens its largest UK store on 182 Regent Street
  // The store includes a footwear area, golf, tennis and fitness performance collectionsLacoste has opened the doors to its largest UK flagship store on 182 Regent Street.
  The French fashion retailer said that much like its Parisian flagship which opened last year called Lacoste Arena, its new 900 square metre London site is designed “to embody the beating heart of all Lacoste cultures.”Alongside 4,000 pieces on display, the s
  
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• Lidl wins battle with Tesco over Clubcard logo

  19-04-2023 14:45 via ft.com
  UK’s largest supermarket may have to cease using current version after it was judged too similar to that of rival
  
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• The costly business of online grocery deliveries: can supermarkets ever make a profit?

  19-04-2023 14:38 via retailgazette.co.uk
  
  // As Tesco backtracks on its supplier fulfilment fee and looks to charge consumers instead, we ask if supermarkets can ever make a profit with online delivery?At the height of the Covid-19 pandemic, as people shied away from mixing with large groups of people or even venturing out into public at all, online grocery trade in the UK exploded.
  When lockdown first hit, in March 2020, supermarkets saw their online market share boom exponentially, taking many of them by surprise. Over the months and
  
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• Lidl wins high court case against Tesco over blue and yellow logo

  19-04-2023 13:52
  
  Judge says Tesco’s Clubcard Prices design infringes trademark of rival supermarketTesco may have to stop using a blue and yellow logo to promote its Clubcard loyalty scheme after the high court found it had copied a design by Lidl.The judge found Tesco had infringed Lidl’s trademark and was guilty of “passing off” in misleading shoppers into thinking that products under the Clubcard Prices scheme are offered at the same or lower prices as those in Lidl. Continue reading..
  
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• Holland & Barrett names Starbucks exec as new chief finance officer

  19-04-2023 13:28 via retailgazette.co.uk
  
  // Holland & Barrett appoints Starbucks exec Nick Allen as new chief finance officer
  // Allen will replace Robbie Bell, who has been CFO since joining from McColl’s in July 2020Holland & Barrett has appointed former Starbucks executive Nick Allen as its new chief finance officer.
  Allen joins the retailer from coffee giant Starbucks, where he spent over four years as its EMEA finance boss.
  In the role, he’ll replace Robbie Bell, who has been CFO since joining from Mc
  
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• BREAKING: Lidl wins High Court battle with Tesco over trademark logo

  19-04-2023 12:06 via retailgazette.co.uk
  
  // High Court rules that Tesco’s Clubcard logo was copied from Lidl’s logo
  // The two grocers began a High Court fight over the use of a yellow circle logo back in FebruaryFollowing a High Court hearing in February, the court has now ruled that Tesco’s Clubcard logo was copied from Lidl’s logo.
  As a result, the judge will now order an injunction against Tesco, requiring it to stop using the Clubcard logo.
  The German grocer has a yellow circle in its main logo while Tesco
  
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• Iceland opens first ‘Iceland Local’ convenience format

  19-04-2023 11:44 via retailgazette.co.uk
  
  // Iceland unveils new ‘Iceland Local’ convenience format
  // The frozen food specialist said it plans to open more “in the months ahead”Iceland has opened the first of its ‘Iceland Local’ convenience format with plans to roll out the concept further in the coming months.
  The new space opened inside a Costcutter store on a Texaco garage forecourt, owned by SGN Retail, in Wolverhampton on 31 March.
  Iceland Local supplies a large selection of the retailer&rs
  
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• Inflation eases to 10.1% despite record surge in food prices

  19-04-2023 09:48 via retailgazette.co.uk
  
  // UK inflation eased to 10.1% in March thanks to lower contributions from fashion and homeware
  // However, food price inflation had its sharpest increase in 45 years increasing to 19.1%UK Inflation slipped to 10.1% in March, down from 10.4 the month before, despite a record surge in food inflation.
  The Office for National Statistics (ONS) reported food prices rose to 19.1% last month, the sharpest increase in 45 years.
  This was due to “record high” price inflation for bread, ce
  
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• Co-op takes on Sainsbury’s and Tesco with new Member Prices

  19-04-2023 09:09 via retailgazette.co.uk
  
  // Co-op launches exclusive pricing for its members following in the footsteps of Sainsbury’s and Tesco
  // The move is part of a £240m investment into an overhaul of its membership schemeCo-op joins Sainsbury’s and Tesco in offering exclusive pricing for its members in a bid to fend off discount rivals.
  The retailer said customers could save up to £300 a year on Member Prices which is available in stores and online from today.
  Co-op said it would also invest a furthe
  
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• Tala CEO Grace Beverley: Thriving in the ‘oxymoronic’ world of sustainable fashion

  19-04-2023 08:56 via retailgazette.co.uk
  
  Grace Beverley has already founded two successful companies at the tender age of 25 – workout app Shreddy and the sustainable-activewear brand taking both social media – and consumers – by storm: Tala.
  Beverley founded Tala in May 2019 and generated sales of £5.2 million in less than a year of trading as it struck a chord with hordes of Gen Z consumers searching for affordable high-performance activewear that was truly sustainable thanks to its powerful influencer marketi
  
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• Greggs appeals against ban on all-night Leicester Square outlet

  19-04-2023 08:43 via retailgazette.co.uk
  
  // Greggs appeals against the decision preventing its Leicester Square outlet from opening between 11pm and 5am
  // The bakery chain was banned from extending its operating hours amid claims it could lead to a spike in antisocial behaviourGreggs is set to appeal against a ban preventing one of its central London outlets from selling hot food through the night.
  The bakery chain was refused an overnight licence to open its Leicester Square branch between 11pm and 5am last summer after the Metr
  
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• America’s dollar stores get a makeover for the age of inflation

  19-04-2023 06:00 via ft.com
  No-frills retailers step up investment to attract middle-income shoppers in search of cheaper groceries
  
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• XPO Collaborates with Christy to Create an End-To-End Omnichannel Supply Chain Solution

  19-04-2023 02:00 via theretailbulletin.com
  
  XPO, a leading provider of innovative transport and logistics solutions in Europe, has launched a first-time partnership with Christy England, a retail brand synonymous with luxury... View Article
  
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• Vuori makes four senior appointments

  19-04-2023 02:00 via theretailbulletin.com
  
  Activewear brand Vuori has made four senior appointments as it continues to implement its global growth strategy. In his new role of chief operating officer, Hugh... View Article
  
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• Superdrug freezes prices of own-brand allergy products

  19-04-2023 02:00 via theretailbulletin.com
  
  Superdrug has announced that it is freezing the prices of its own brand allergy products until the end of the year as it looks to help... View Article
  
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• ScS appoints Swarupa Pathakji as non-executive director

  19-04-2023 02:00 via theretailbulletin.com
  
  ScS, the upholstered furniture and flooring retailer, has appointed Swarupa Pathakji as a non-executive director. Due to take up her role on 2 May 2023, she... View Article
  
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• ProCook posts drop in fourth quarter revenue

  19-04-2023 02:00 via theretailbulletin.com
  
  Kitchenware brand ProCook has posted a decline in fourth quarter revenue after being impacted by ongoing uncertainty in the consumer backdrop. In the the three months... View Article
  
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• [People Matter] It’s time to focus on company culture

  19-04-2023 02:00 via theretailbulletin.com
  
  A positive company culture can create a work environment where employees feel valued, motivated, and engaged, which can lead to better job satisfaction, higher productivity, and... View Article
  
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• Lidl wins High Court battle with Tesco over trademark logo

  19-04-2023 02:00 via theretailbulletin.com
  
  German discount supermarket Lidl has won a trademark lawsuit against Britain’s biggest retailer Tesco at London’s High Court over the use of a yellow circle on... View Article
  
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• iCandy promotes Cameron Appel to vice chief executive role

  19-04-2023 02:00 via theretailbulletin.com
  
  Pushchair brand iCandy has promoted Cameron Appel to the position of vice chief executive. Having worked his way up through the business from the warehouse floor... View Article
  
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• Halfords forecasts jump in sales and profit

  19-04-2023 02:00 via theretailbulletin.com
  
  Halfords has forecast an increase in sales and profit as it looks to take advantage of significant opportunities for growth. In a statement, the car parts... View Article
  
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• Co-op to invest £240m in membership proposition

  19-04-2023 02:00 via theretailbulletin.com
  
  Co-op has announced that it will to invest more than £240m, across the next five years, into its membership program to help its customers save more.... View Article
  
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• Burlington Arcade unveils installation to mark the Coronation of His Majesty the King

  19-04-2023 02:00 via theretailbulletin.com
  
  Historical luxury shopping destination Burlington Arcade unveils a celebratory installation to mark the Coronation of His Majesty The King and Her Majesty The Queen Consort. The... View Article
  
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