Retail news

• Kering: Pinault has lacked horse sense in guiding Gucci

  26-04-2023 17:35
  Chief executive should have put the luxury brand’s creative director out to pasture sooner
  
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• Westfield acquires Hammerson’s Croydon JV stake

  26-04-2023 16:47 via retailgazette.co.uk
  
  // Unibail-Rodamco-Westfield acquires the outstanding share of the Croydon shopping centre redevelopment
  // The deal puts an end to the JV with Hammerson, which it partnered with in 2013Westfield owner Unibail-Rodamco-Westfield has acquired the remaining 50% stake of the Croydon shopping centre redevelopment from Hammerson.
  The deal puts an end to a decade-long joint venture of a £1.4bn regeneration project involving Croydon’s two main shopping centres: the Centrale Mall and The
  
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• First look: Inside Uniqlo’s new Covent Garden store

  26-04-2023 16:44 via retailgazette.co.uk
  
  // Uniqlo preps to open a new store in Covent Garden tomorrow, where it will be joined by sister brand Theory
  // It will be Uniqlo’s 17th store in the UK and Theory’s fourthUniqlo is set to open the doors to its new 1,450 sq m joint store with Theory in Covent Garden tomorrow.
  Located in the heart of the famous shopping district with entrances on Long Acre and Floral Street, the three-floor store houses the fashion retailer‘s menswear, womenswear, kids and baby offering.The Gra
  
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• Ex-JD Sports boss Peter Cowgill: Retailers ‘can still win’ despite challenging trading environments

  26-04-2023 15:56 via retailgazette.co.uk
  
  // Peter Cowgill: retailers “should always focus on the micro” amid tough times to ensure they stay afloat and relevant
  // “What the winners do is benefit from the fact that the marginal operators tend to fail when life gets tough”Former JD Sports boss Peter Cowgill has emphasised that retailers can still win despite trading during challenging environments.
  Speaking at this year’s Retail Technology Show, the retail veteran, who is chairman at The Fragrance Shop, sai
  
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• Gove delays M&S Marble Arch decision until July as retailer sets out London investment plan

  26-04-2023 15:05 via retailgazette.co.uk
  
  // Levelling Up secretary Michael Gove delays decision on M&S Marble Arch redevelopment plans
  // This comes as chief executive Stuart Machin reveals £12.5m London investment planMichael Gove has delayed his decision on the redevelopment plans for M&S’ Marble Arch store by three months.
  This comes as chief executive Stuart Machin revealed the high street giant will invest £12.5m in its shops across the capital this year.
  According to Building Design, the Levelling U
  
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• Nike to open ‘digitally focused’ 13,500 sq ft Manchester store

  26-04-2023 14:35 via retailgazette.co.uk
  
  // Nike will be opening a new ‘digitally focused’ Nike Rise store in the centre of Manchester later this year
  // The sporting retailer’s first Manchester store will span two floorsNike is set to open the doors to a new 13,418 sq ft Nike Rise store in the centre of Manchester later this year.
  The sportswear giant’s first store in Manchester will span two floors in the Manchester Arndale centre’s former Topshop unit and will be home to its digitally-focused Nike Rise
  
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• Iceland to close more stores amid high energy costs and double-digit inflation

  26-04-2023 14:35 via retailgazette.co.uk
  
  // READ MORE ON GROCERY GAZETTEIceland is set to close more stores in coming weeks as it struggles with high energy costs and double-digit inflation.
  According to reporting by The Sun, the frozen food retailer has confirmed it will be closing two stores this year, including Flint, Wales on 27 May and Beccles, Suffolk on 17 June.
  Read more on Grocery GazetteSubscribe to Retail Gazette for free
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• AO launches ‘as new’ mobile phone range

  26-04-2023 13:27 via retailgazette.co.uk
  
  // AO becomes first UK online retailer to stock ‘as new’ mobile phones
  // The refurbished Apple handsets, sold through the retailer’s Mobile Phones Direct brand, will sit alongside brand-new ones at a fraction of the priceAO has become the first UK online retailer to stock ‘as new’ mobile phones which are now available through its Mobile Phones Direct brand.
  The retailer will sell used and refurbished Apple handsets alongside a range of brand-new ones.
  Each of
  
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• Sephora’s return to London performing ‘300% better than expected’

  26-04-2023 12:15 via retailgazette.co.uk
  
  // Sephora’s return to London is performing “300% better than expected”, says boss
  // LVMH’s selective retailing division boss Christopher de Lapuente said the retailer was off to a “fabulous start”Sephora owner LVMH’s selective retailing division boss has said its new London flagship had exceeded the group’s expectation by more than 300%.
  Christopher de Lapuente said the outlet’s sales performance was “300% better than expected within
  
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• New Look axes more department heads amid head office restructure

  26-04-2023 11:30 via retailgazette.co.uk
  
  // Four more New Look department leaders exit the business
  // The retailer is in the process of cutting 70 roles from its head offices in London and WeymouthFour more New Look department heads have left the business as the retailer continues to cut staff at its head offices.
  The recent departures include head of kidswear merchandising Cara Gourlay and head of accessories, beauty and lifestyle buying Faye Walton.
  Senior ecommerce trade manager Michelle Dobson and head of IT delivery Pete Mea
  
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• Superdry lender Bantry Bay increases borrowing to cover APAC sale

  26-04-2023 10:50 via retailgazette.co.uk
  
  // Bantry Bay Capital agrees to increase Superdry’s borrowing level amid Asia Pacific deal
  // The retailer revealed in March it had sold its IP rights in certain Asia Pacific countries to help boost liquiditySuperdry lender Bantry Bay Capital is to increase the retailer’s borrowing level until the completion of its Asian intellectual property sale.
  The fashion retailer said on Tuesday the firm “has agreed to increase the borrowing availability” of its £80m asse
  
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• John Lewis boss Sharon White vows to ‘preserve what makes JLP unique’

  26-04-2023 09:04 via retailgazette.co.uk
  
  // John Lewis chair Sharon White emphasises she will preserve what makes John Lewis unique
  // White said the partnership’s “mantra remains ‘value with values’, adding that Waitrose will be cutting prices by £100m in WaitroseJohn Lewis chair Sharon White has vowed to “preserve what makes the John Lewis Partnership unique” as she sets out how it is tackling customers’ two biggest issues: the rising cost of living and sustainability.
  White, who has fa
  
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• John Lewis boss Sharon White: ‘It’s critical we listen and act on what our customers tell us’

  26-04-2023 09:04 via retailgazette.co.uk
  
  // John Lewis Chair Sharon White emphasises she will preserve what makes John Lewis unique
  // White said the partnership’s “mantra remains ‘value with values’, adding that Waitrose will be cutting prices by £100m in WaitroseJohn Lewis chair Sharon White has said with hoards of Brits shopping with John Lewis and Waitrose over the last year, its “critical that we listen and act on what our customers tell us.”
  Speaking on this week’s annual World Reta
  
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• Monsoon opens vintage pop-up on Portobello Road for its 50th anniversary

  26-04-2023 08:42 via retailgazette.co.uk
  
  // Monsoon is celebrating its 50th anniversary with the launch of a new vintage pop-up on Portobello Road
  // Monsoon Vintage will open three months carrying “quintessentially 70s Monsoon piecesMonsoon has opened the doors to a vintage pop-up boutique at 237 Portobello Road, right where the fashion retailer‘s story began 50 years ago this month.
  Down the road from its original Portobello Road market stall, Monsoon Vintage will be running for three months, housing “quintessential
  
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• Pret A Manger hikes price of subscription service but expands to include discounts on food

  26-04-2023 08:30 via retailgazette.co.uk
  
  // Pret a Manger has expanded its coffee subscription to include discounts on all food, drinks and snacks
  // The high-street chain has also hiked the price by 20% to £30 a monthPret A Manger has raised the price of its monthly coffee subscription service by 20% to £30 and rebranded to ‘Club Pret’.
  From this month new subscribers will also be able to get 10% off all food, drinks and snacks sold in stores, with the fee half price in the first month.
  The high-street chain, w
  
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• Pret A Manger hikes price of coffee subscription

  26-04-2023 08:30 via retailgazette.co.uk
  
  // Pret a Manger has expanded its coffee subscription to include discounts on all food, drinks and snacks
  // The high-street chain has also hiked the price by 20% to £30 a monthPret A Manger has raised the price of its monthly coffee subscription service by 20% to £30 and rebranded to ‘Club Pret’.
  From this month new subscribers will also be able to get 10% off all food, drinks and snacks sold in stores, with the fee half price in the first month.
  The high-street chain, w
  
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• Amazon workers in Coventry make historic bid for union recognition after membership doubles

  26-04-2023 08:19 via retailgazette.co.uk
  
  // Amazon workers in Coventry make a bid for formal union recognition
  // If granted, it would be the first time a union in the UK has won the right to negotiate with the ecommerce giantAmazon workers in Coventry are demanding formal union recognition after membership more than doubled during recent strike action.
  If successful, it would be the first time workers at a UK Amazon site have won trade union recognition, says GMB Union.
  Almost 700 Amazon Coventry workers are now GMB members, a number
  
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• Amazon workers in Coventry demand union recognition after membership doubles

  26-04-2023 08:19 via retailgazette.co.uk
  
  // Amazon workers in Coventry make a bid for formal union recognition
  // If granted, it would be the first time a union in the UK has won the right to negotiate with the ecommerce giantAmazon workers in Coventry are demanding formal union recognition after membership more than doubled during recent strike action.
  If successful, it would be the first time workers at a UK Amazon site have won trade union recognition, says GMB Union.
  Almost 700 workers at the ecommerce giant’s Coventry wareho
  
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• Monsoon opens vintage pop-up on Portobello Road for 50th anniversary

  26-04-2023 08:00 via retailgazette.co.uk
  
  // Monsoon is celebrating its 50th anniversary with the launch of a new vintage pop-up on Portobello Road
  // Monsoon Vintage will open three months carrying “quintessentially 70s pieces” from the brandMonsoon has opened the doors to a vintage pop-up boutique at 237 Portobello Road, where the fashion retailer‘s story began 50 years ago.
  Down the road from its original Portobello Road market stall, Monsoon Vintage will open for three months, housing “quintessentially 70s Mo
  
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• The Green Dilemma: The Disparity Between Consumer and Retailer Perceptions

  26-04-2023 02:00 via theretailbulletin.com
  
  60% of retailers feel they lag behind the competition when it comes to sustainable operations. As awareness and concern for more sustainable eCommerce practices grows, brands... View Article
  
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• Pret increases price of coffee subscription and expands offering to food discounts

  26-04-2023 02:00 via theretailbulletin.com
  
  Pret A Manger has increased the price of its Pret Coffee subscription and expanded it to include a discount on all of its freshly made food,... View Article
  
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• Next to relaunch Joules much earlier than expected

  26-04-2023 02:00 via theretailbulletin.com
  
  Next has announced that it is to relaunch Joules “much earlier than expected” following its acquisition of the lifestyle fashion retailer out of administration last year.... View Article
  
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• Gloucester Quays hails growth in annual sales

  26-04-2023 02:00 via theretailbulletin.com
  
  The Gloucester Quays outlet and dining destination has grown its annual sales by 6% after introducing new retailers and diversifying its F&B offering. In the  12... View Article
  
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• Card Factory gains foothold in South Africa through acquisition of SA Greetings

  26-04-2023 02:00 via theretailbulletin.com
  
  Card Factory has gained a foothold in the South African market with the acquisition of  SA Greetings. The greeting card retailer has purchased SA Greetings Corporation... View Article
  
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• Ashley Centre signs Gail’s artisan bakery

  26-04-2023 02:00 via theretailbulletin.com
  
  Epsom’s Ashley Centre is to welcome the Gail’s bakery and café concept to its line-up. Situated in a prime location at the entrance to East Square, the... View Article
  
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• Asda extends partnership with Rowe’s bakers in south west

  26-04-2023 02:00 via theretailbulletin.com
  
  Asda has extended its partnership with Cornish bakery Rowe’s by launching seven new Rowe’s concessions in its supermarkets across the south west. The partnership began in... View Article
  
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