Retail news

• More fruit and veg shortages to come as weather in UK and Spain hits crops

  28-04-2023 18:40
  
  Record heat in southern Europe and chilly start to British growing season spell more misery for shoppersShoppers have been warned they face more fruit and vegetable shortages, as temperatures in southern Spain soar to unprecedented levels while the UK growing season gets off to a late start because of cold, overcast weather.Temperatures were expected to reach a new April record of 39C (102F) in parts of Andalucía on Friday amid a long-lasting drought that has affected the production of ve
  
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• Family behind The White Company collect £50m as brand bounces back

  28-04-2023 17:37
  
  Upmarket homewares and clothing retailer sees pretax profits rise 18% in post-lockdown recoveryThe family behind The White Company have given themselves at least £50m in payments as the upmarket homewares and clothing brand bounces back from the pandemic lockdowns.The company paid a £50m dividend to an entity controlled by the founder, Chrissie Rucker, and her husband, Nicholas Wheeler, the founder of the shirtmaker Charles Tyrwhitt. The group’s highest paid director, thought t
  
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• Surfdome owner rescued from administration by BrandAlley, saving over 125 jobs

  28-04-2023 14:54 via retailgazette.co.uk
  
  // Surfdome owner Internet Fusion Group has been bought by online retailer BrandAlley
  // Alongside IFG’s intellectual property BrandAlley is also acquiring the logistics operation and customer service division out of administrationBrandAlley has bought certain assets of the multi-platform online business Internet Fusion Group (IFG) as part of its expansion plans.
  The premium and luxury online retailer snapped up the group which includes Country Attire and Surfdome which it called “a
  
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• In pictures: Tag Heuer reopens London flagship boutique

  28-04-2023 14:10 via retailgazette.co.uk
  
  // Tag Heuer reopens its London Oxford Street flagship boutique
  // The 102sqm store has been given a motor-racing makeover to celebrate the brand’s historyTag Heuer has reopened its flagship boutique on London’s Oxford Street with a makeover inspired by the brand’s motor-racing history.
  The 102sqm space, which first opened more than five years ago, draws inspiration from the luxury Swiss watchmaker’s Monaco and Carrera collections.
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• Tesco, M&S and Ocado join forces as they sign up to Compostable Coalition UK

  28-04-2023 13:27 via retailgazette.co.uk
  
  // The Closing the Loop for Compostable packaging project will explore whether UK’s recycling system is suitable
  //  Research will look at different types of packaging including crisp packets, coffee pods and single service wareRepresentatives from Marks and Spencer, Tesco and Ocado have all joined Compostable Coalition UK as members of its advisory board in order to help further its ambition to achieve full circularity for compostable packaging.
  The project – which is called Cl
  
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• The moves that matter: Retail’s biggest hires in April

  28-04-2023 13:13 via retailgazette.co.uk
  
  Retail Gazette and executive search firm Oresa round up the biggest people moves of the month in AprilTed Baker CEO Rachel Osborne is to depart, six months after the retailer was snapped up by Authentic Brands Group. Her departure comes as Authentic looks to convert the business into a brand licensing model.
  PrettyLittleThing founder Umar Kamani is stepping down as CEO after 10 years. Oresa CEO Orlando Martins says: “The departure of a founder can be a wrench for any business, but since Um
  
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• L’Occitane Group unveils ‘ambitious’ net-zero roadmap

  28-04-2023 13:03 via retailgazette.co.uk
  
  // L’Occitane Group has announced a three-pillar strategy to reduce greenhouse gas emissions by 2031
  // The brands ‘ambitious targets’ include achieve net-zero emissions by 2050L’Occitane Group has announced a three-pillar strategy to reduce greenhouse gas emissions by 2031 and achieve net-zero emissions by 2050.
  Adrien Geiger, chief sustainability officer said L’Occitane Group is “aiming to achieve ambitious targets with this commitment.”
  “Al
  
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• Supermarkets accused of shutting out elderly from loyalty card discounts

  28-04-2023 13:00 via retailgazette.co.uk
  
  // British supermarkets accused of excluding elderly customers from accessing loyalty card discounts
  // Both Sainsbury’s Nectar and Asda Rewards loyalty scheme require an email address or smartphone app to access the offersBritish supermarkets have been accused of excluding elderly customers from accessing exclusive member pricing as food prices soar to a 45-year high.
  Campaign groups argue that with many loyalty schemes requiring internet connectivity, it is difficult for the elderly
  
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• LVMH aims high for Tiffany after lavish revamp of New York store

  28-04-2023 12:00
  Bernard Arnault’s group seeks to transform storied American jeweller from mid-market to high luxury
  
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• Mary Portas: John Lewis stepping on “precarious grounds” with stake sale

  28-04-2023 11:28 via retailgazette.co.uk
  
  // John Lewis is stepping on “precarious grounds” in its hunt to return to stable footing, claims leading retail consultant Mary Portas
  // She said the Partnerships recent cost-saving initiatives were “chipping away” at the trust among shoppersMary Portas has warned John Lewis is stepping on “precarious grounds” amid reports boss Sharon White is exploring a sale of a stake in the mutual Partnership.
  The leading retail guru said the retailer’s effort
  
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• Amazon beats expectations as sales soar to £102bn amid mass layoffs

  28-04-2023 09:52 via retailgazette.co.uk
  
  // Amazon posts sales of £102.1bn –  9% up compared to the same period last year
  // Chief executive Andy Jassy said: “There’s a lot to like about how our teams are delivering for customers, particularly amidst an uncertain economy”Amazon has posted sales of £102bn for the first three months of the year, 9% higher than in 2022 and above the £100bn predicted by analysts.
  The ecommerce giant‘s shares rose 12%, bolstered by a forecast for second-q
  
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• HMV to reopen iconic flagship store on Oxford Street this year

  28-04-2023 09:06 via retailgazette.co.uk
  
  // HMV returns to 363 Oxford Street to reopen its London flagship
  // The store is creating a hub for fans of pop culture, with the business is confident the store will be its latest success storyHMV is set to make a return to Oxford Street after a four-year absence, with the reopening of its flagship on 363 Oxford Street later this year.
  The flagship will feature the entertainment retailer‘s new logo, and be fitted out with the new ‘hmv shop’ concept.
  The new store is expe
  
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• Coronation weekend set to deliver £50m boost for West End

  28-04-2023 09:03 via retailgazette.co.uk
  
  // London is forecast to generate up to £50 million in sales as the bumper three-day bank holiday weekend approaches for King Charle’s coronation
  // Footfall is set to reach 1.75 million over the three days, up 24% on last year’s first May bank holidayKing Charles’ coronation bank holiday weekend (6-8 May) is expected to generate up to £50m for London’s West End retail and hospitality businesses, according to estimates from the New West End Company (NWEC).
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• Asda and EG Group £12bn merger would ‘threaten jobs, food supplies and fuel prices’, warns union

  28-04-2023 08:42 via retailgazette.co.uk
  
  // GMB warns potential merger of Asda with EG Group’s UK petrol stations could  “threaten food supply, fuel prices and 100,000 jobs.”
  // The union said allowing the merger to go ahead would be “deeply irresponsible”
  A union representing workers at Asda has said a potential merger of the supermarket with EG Group’s UK petrol stations could  “threaten food supply, fuel prices and 100,000 jobs.”
  GMB Union wrote to Business Secretary Kem
  
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• How to get a clear view of retail supply chain visibility

  28-04-2023 08:05 via retailgazette.co.uk
  
  How to get a clear view of retail supply chain visibilityAdvanced Supply Chain Group  sales director Stuart Greenfield looks at the value of supply chain visibility, and the steps retailers can take to achieve full transparency of their logistics.  
  Sourcing, sustainability, and status updates are all growing in importance among consumers.  
  They are increasingly interested in where products come from, the miles they travel and their environmental impact. Online shoppers
  
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• HMV to return to flagship Oxford Street store after four-year absence

  28-04-2023 07:00
  
  First HMV shop was opened in 1921 by British composer Sir Edward Elgar and closed in 2019HMV is to return to its former flagship store on London’s Oxford Street after a four-year absence. It is expected to reopen towards the end of this year, in time for Christmas.The store was empty for an extended period after the music and entertainment company vacated the site in 2019, before most recently becoming home to one of the many American candy stores that popped up on Oxford Street during the
  
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• Tiendas 3B sells hard discount retail to brand-loving Mexicans

  28-04-2023 06:00
  
  An American executive has taken a model pioneered by Germany’s Aldi and Lidl to Latin America
  
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• Amazon: cashing in on AI investments will take time

  28-04-2023 02:53
  First-quarter results illustrate how artificial intelligence has yet to produce much in the way of rewards
  
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• Star mC-Print3 integrated into SumUp Kiosk

  28-04-2023 02:00 via theretailbulletin.com
  
  International POS solutions provider Star Micronics announces today that global financial technology company SumUp has integrated the Star mC-Print3 packaged printer into the recently launched SumUp... View Article
  
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• Skechers to acquire Scandinavian distributor Sports Connection.

  28-04-2023 02:00 via theretailbulletin.com
  
  Footwear brand Skechers has signed an agreement to acquire its existing Scandinavian distributor, Sports Connection. Skechers said the business will become a wholly-owned subsidiary with responsibility... View Article
  
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• ScS partner with UK’s biggest homelessness charity, Shelter

  28-04-2023 02:00 via theretailbulletin.com
  
  Leading interior retailer ScS has announced a partnership with Shelter, the housing and homelessness charity. The retailer are committed to support the charity to end the... View Article
  
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• More than two thirds of British households shop with Aldi

  28-04-2023 02:00 via theretailbulletin.com
  
  The latest data from Kantar has revealed that more than two thirds (66.4%) of British households now shop with Aldi, making it the third most popular... View Article
  
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• Libre London opens pop-up store at The Yards, Covent Garden

  28-04-2023 02:00 via theretailbulletin.com
  
  Libre London, the online retailer specialising in women’s fashion and vegan beauty, has opened a pop-up store at The Yards, Covent Garden. The 2,000 square foot... View Article
  
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• HMV to return to original Oxford Street site

  28-04-2023 02:00 via theretailbulletin.com
  
  Entertainment retailer HMV is to reopen at the site of its historic Oxford Street store after a four-year absence. The shop at 363 Oxford Street will... View Article
  
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• Charles Clinkard boosted by store sales growth

  28-04-2023 02:00 via theretailbulletin.com
  
  Independent footwear retailer Charles Clinkard has posted an 8% increase in in-store sales over the past year. Since April 2022, the retailer has also seen customer... View Article
  
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• BrandAlley snaps up Country Attire and Surfdome

  28-04-2023 02:00 via theretailbulletin.com
  
  Members only marketplace and luxury e-tailer BrandAlley has acquired Internet Fusion Group, which includes Country Attire and Surfdome. The move marks a significant strategic opportunity to... View Article
  
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• Asda opens 150th Asda On the Move convenience store

  28-04-2023 02:00 via theretailbulletin.com
  
  Asda has opened its 150th Asda On the Move convenience store this week in partnership with EG Group. The move marks the latest milestone in the... View Article
  
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• Asda launches 150th Asda On the Move convenience store

  28-04-2023 02:00 via theretailbulletin.com
  
  Asda has opened its 150th Asda On the Move convenience store this week in partnership with EG Group. The move marks the latest milestone in the... View Article
  
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• AF Blakemore launches new Plant & Win App

  28-04-2023 02:00 via theretailbulletin.com
  
  Leading Spar wholesaler and convenience store retailer, AF Blakemore, has launched a new app called Plant & Win, where shoppers can play to plant trees and... View Article
  
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