Retail news

• How Boots, Next, M&S, and Clarks are targeting the future consumer

  22-06-2023 22:15 via retailgazette.co.uk
  
  With the end to the cost-of-living crisis nowhere in sight, the consumer is becoming ever-more cost-conscious, sustainably-aware and tech-savvy.
  Retail giant’s like Boots, Clarks, M&S and Next are paying close attention to the shifting landscape and altering what they do to stay relevant for the fast-changing shopper. 
  “We have to be in the right place for our customer – whether it’s physical bricks and mortar, online, Instagram, metaverse – we have to be w
  
  Read more

• True believers in Ocado should not be tempted by Amazon | Nils Pratley

  22-06-2023 19:54
  
  The speculated bid price of £8 today should not excite those who think a return to £28 is conceivableIt is still a little premature to launch a campaign to save Ocado for the nation and keep it out of the clammy hands of Amazon. No offer has been launched. Neither company would comment on the bid rumours on Thursday. The stock market, where Ocado’s shares soared 32%, may have misread the plot. But there’s no harm in getting in early. If it comes to it, one hopes Tim Stein
  
  Read more

• Wilko extends contract with GXO Direct as part of ‘omnichannel transformation’

  22-06-2023 19:45 via retailgazette.co.uk
  
  // Wilko has extended its contract with GXO Direct, as part of its commitment to its omnichannel transformation
  // The retailer is seeking to increase its online sales under its turnaround strategyWilko has extended its contract with GXO Direct until June 2026.
  The move comes as part of the retailer’s omnichannel transformation strategy, focusing on giving shoppers more convenient ways to shop across all its channels.
  The company is seeking to increase its online sales as part of its turna
  
  Read more

• Wilko extends contract with GXO as part of ‘omnichannel transformation’

  22-06-2023 19:45 via retailgazette.co.uk
  
  // Wilko has extended its contract with GXO, as part of its commitment to its omnichannel transformation
  // The retailer is seeking to increase its online sales under its turnaround strategyWilko has extended its contract with GXO until June 2026.
  The move comes as part of the retailer’s omnichannel transformation strategy, focusing on giving shoppers more convenient ways to shop across all its channels.
  The company is seeking to increase its online sales as part of its turnaround strategy
  
  Read more

• Advertisement

• Ocado: Amazon bid rumours provide food for thought

  22-06-2023 18:54 via ft.com
  UK retailer’s automated warehouses point to its potential as a pure-play tech group
  
  Read more

• In pictures: Hamleys unveils new Build-A-Bear emporium

  22-06-2023 18:08 via retailgazette.co.uk
  
  Hamleys’ has unveiled its newly renovated Build-A-Bear space inside the Regent Street flagship.
  The area on the third floor now includes two stuffing machines, a wider range of bear accessories and additional interactive screens.Hamleys has given the space a 300sq ft expansion to improve the flow of customers using the space.
  It comes as the toy retailer looks to upgrade the Build-A-Bear experience in the rest of its store estate, including introducing smaller experiences inside its travel
  
  Read more

• Morrisons sales edge up as investment into value pays off

  22-06-2023 17:47 via retailgazette.co.uk
  
  // Morrisons’ sales jump as it boosts value credentials
  // The supermarket posted a 3.1% rise in sales to £3.7bn in the 13 weeks to 30 April 2023Morrisons’ quarterly sales edged up 3.1% as the supermarket’s investment into customer value pays off.
  Sales for the grocer rose to £3.7bn in the 13 weeks to 30 April 2023, with like-for-like sales excluding fuel up 1%.
  However, total group revenue fell 0.9% to £4.5bn due lower fuel sales.
  “Although we are
  
  Read more

• PrettyLittleThing creative director Molly-Mae Hague steps down from £5m a year job

  22-06-2023 16:41 via retailgazette.co.uk
  
  // Molly-Mae Hague has quit her position as PrettyLittleThing creative director
  // The influencer is set to return to her role as a brand ambassador for the companyInfluencer Molly-Mae Hague has resigned from her role as creative director for PrettyLittleThing.
  Speaking in a YouTube video, Hague explained she had stepped down from her position to look after her daughter Bambi, who was born in January.
  Despite leaving the role, the influencer said she would return to working as a brand ambassador
  
  Read more

• Advertisement

• PrettyLittleThing creative director Molly-Mae Hague steps down

  22-06-2023 16:41 via retailgazette.co.uk
  
  // Molly-Mae Hague has quit her position as PrettyLittleThing creative director
  // The influencer is set to return to her role as a brand ambassador for the companyInfluencer Molly-Mae Hague has resigned from her role as creative director for PrettyLittleThing.
  Speaking in a YouTube video, Hague explained she had stepped down from her position to look after her daughter Bambi, who was born in January.
  Despite leaving the role, the influencer said she would return to working as a brand ambassador
  
  Read more

• Gartner® Report On Digital Shelf Analytics – Download Now

  22-06-2023 13:53 via retailgazette.co.uk
  
  Are you ready to close the loop and drive e-commerce excellence?
  According to Gartner, “By 2026, organizations that invest in digital shelf analytics applications to replace manual data-gathering techniques will see their costs reduced by 30% annually.”
  Digital Shelf Analytics provides you the visibility and intelligence needed to make informed decisions, maximize conversions, grow revenue, and stay ahead of the competition.
  The 2022 Gartner Market Guide for Digital Shelf Analyt
  
  Read more

• Ocado shares soar on takeover rumours

  22-06-2023 13:36
  
  Online supermarket’s sales have suffered since pandemic boom – but it could be a target for a big US firmShares in Ocado soared by as much as 40% on Thursday, amid market speculation that the online supermarket and retail technology group could be the target of a takeover.In their second day of gains, Ocado shares briefly reached 631p from 430p at Wednesday’s close of trading, before falling back. Continue reading...
  
  Read more

• Ocado shares rocket amid Amazon takeover reports

  22-06-2023 12:45 via retailgazette.co.uk
  
  // Ocado shares surge 40% following reports of a takeover bid
  // The online grocer is understood to be of interest to AmazonOcado shares have jumped a near 40% following speculation it could be a takeover target by Amazon.
  The online grocer is understood to have drawn interest from several American suitors with Goldman Sachs and JP Morgan acting for the bidders, The Times reported.
  Amazon is said to be considering an 800p-a-share move.Subscribe to Retail Gazette for free
  Sign up here&n
  
  Read more

• Ocado shares rocket 40% amid Amazon takeover reports

  22-06-2023 12:45 via retailgazette.co.uk
  
  // Ocado shares surge 40% following reports of a takeover bid
  // The online grocer is understood to be of interest to AmazonOcado shares have jumped a near 40% following speculation it could be a takeover target by Amazon.
  The online grocer is understood to have drawn interest from several American suitors with Goldman Sachs and JP Morgan acting for the bidders, The Times reported.
  Amazon is said to be considering an 800p-a-share move.Subscribe to Retail Gazette for free
  Sign up here&n
  
  Read more

• Ocado shares surge over Amazon bid speculation

  22-06-2023 12:30 via ft.com
  Stock of UK online grocery business trade higher after newspaper report
  
  Read more

• Ocado shares surge on Amazon bid speculation

  22-06-2023 12:30 via ft.com
  Stock in online grocery business trades higher after newspaper report
  
  Read more

• Frasers acquisition spree continues as it grows Currys stake

  22-06-2023 11:25 via retailgazette.co.uk
  
  // Frasers Group increases its stake in Currys
  // It comes just days after the group revealed “strategic investments” in the electronics retailer and BoohooFrasers has upped its stake in Currys to 9.3% from 8.9% earlier this week.
  On Tuesday, the Mike Ashley owned group unveiled “strategic investments” in both Boohoo and Currys as its acquisition spree continues.
  At the time, it said its investment in Currys provides it “with a valuable opportunity to buil
  
  Read more

• THG beauty CEO joins Boohoo’s boardroom coup at Revolution Beauty

  22-06-2023 09:34 via retailgazette.co.uk
  
  // Boohoo – THG’s CEO of beauty Rachel Horsefield will be included in the future independent board appointment process at Revolution Beauty 
  // The beauty business is planning to postpone its AGM until late July or AugustBoohoo has said that it wants THG Beauty CEO Rachel Horsefield to also join Revolution Beauty’s board, as it looks to oust the online cosmetic retailer’s leadership team.
  In a statement, Boohoo said Horsefield “brings with her a wealth of
  
  Read more

• Ex-THG beauty CEO joins Boohoo’s boardroom coup at Revolution Beauty

  22-06-2023 09:34 via retailgazette.co.uk
  
  // Boohoo – Ex-THG CEO of beauty Rachel Horsefield will be included in the future independent board appointment process at Revolution Beauty 
  // The beauty business is planning to postpone its AGM until late July or AugustBoohoo wants Ex-THG Beauty CEO Rachel Horsefield to join Revolution Beauty’s board, as it looks to oust the online cosmetic retailer’s leadership team.
  In a statement, Boohoo said Horsefield “brings with her a wealth of direct relevant experien
  
  Read more

• Joules still owes over £100m following collapse

  22-06-2023 09:03 via retailgazette.co.uk
  
  // Joules owes more than £100m to its suppliers, landlords and customers holding gift cards following its collapse last year
  // The fashion retailer was bought out of administration by Next back in DecemberJoules reportedly still owes more than £100m to its suppliers, landlords and customers holding gift cards, following the fashion retailer’s collapse last year new documents show.The retailer was bought out of administration by Next, saving 1,450 jobs and 100 stores after
  
  Read more

• Matalan names new chiefs for retail and supply chains

  22-06-2023 08:55 via retailgazette.co.uk
  
  // Matalan has named two new senior leadership appointments
  // Both Davis and Hackney will report to Matalan chief executive Jo WhitfieldMatalan has named Phil Hackney as chief supply chain operations officer and Katherine Davis as chief retail officer amid the ongoing transformation strategy.
  Due to take up his position on 3 July, Hackney will be responsible for delivering “executional excellence” across Matalan’s logistics and supply chain.
  He previously worked as c
  
  Read more

• Matalan names new chiefs for retail and supply chain

  22-06-2023 08:55 via retailgazette.co.uk
  
  // Matalan has named two new senior leadership appointments
  // Both Davis and Hackney will report to Matalan chief executive Jo Whitfield.Matalan has named Phil Hackney as chief supply chain operations officer and Katherine Davis as chief retail officer as the brand continues its transformation strategy.
  Due to take up his position on 3 July, Hackney will be responsible for delivering “executional excellence” across Matalan’s logistics and supply chain.
  He previously worke
  
  Read more

• M&Co relaunches website under new owner

  22-06-2023 08:44 via retailgazette.co.uk
  
  // M&Co has relaunched its website under new owner AK Retail Holdings,
  // The new website displays the first look at the value retailer’s expanded womenswear collectionsM&Co has relaunched its website under the ownership of AK Retail Holdings, after buying the retailer out of administration earlier this year.
  “The website has undergone a comprehensive transformation, reinvigorating its online presence to meet the evolving needs and expectations of its valued cu
  
  Read more

• LloydsPharmacy offloads more stores after CEO departure

  22-06-2023 08:35 via retailgazette.co.uk
  
  // LloydsPharmacy continues its store divestment with the sale of travel clinics Masta.
  // It comes as chief executive Kevin Birch stepped down from his role last monthLloydsPharmacy parent company Hallo Healthcare has sold its private travel clinic company Masta as the chain continues to offload stores.
  It comes as Companies House filings reveal chief executive Kevin Birch stepped down from his post last month after just eight months at the helm.
  The company said that while Birch had &ldqu
  
  Read more

• Waterstones’ private equity owner Elliott joins £500m takeover race for Reiss

  22-06-2023 08:25 via retailgazette.co.uk
  
  // Elliott Advisors is among a group of prospective bidders eyeing Reiss
  // Up to three parties are also keen to buy the retailer, which is being overseen by bankers at Raymond JamesUS private equity firm Elliott Advisors has reportedly joined the race to takeover Reiss from its current shareholders Next and Warburg Pincus.
  Elliott, which owns the books retailers Foyle’s and Waterstones has expressed interest in buying the fashion brand for upwards of £500m, Sky News has re
  
  Read more

• Pentland Brands appoints new chief finance officer

  22-06-2023 02:00 via theretailbulletin.com
  
  Pentland Brands, the name behind brands such as Speedo, Berghaus, Canterbury, Ellesse and Mitre, has appointed Graham Burridge as its new chief finance officer. With over... View Article
  
  Read more

• Ocado shares soar on rumours of Amazon takeover

  22-06-2023 02:00 via theretailbulletin.com
  
  Shares in Ocado Group, the British online supermarket and technology group, soared by more than 40 per cent in morning trade, amid speculation of possible bid interest... View Article
  
  Read more

• Matalan announces two new senior leadership appointments

  22-06-2023 02:00 via theretailbulletin.com
  
  Fashion and homewares retailer Matalan has appointed Phil Hackney as chief supply chain operations officer and Katherine Davis as chief retail officer. The roles have been... View Article
  
  Read more

• Interview: Rebecca Saunders

  22-06-2023 02:00 via theretailbulletin.com
  
  We talk to Rebecca Saunders, Director (Consumer & Retail) at Alvarez & Marsal about why she joined the People in Retail judging panel for the 2023 awards. Why... View Article
  
  Read more

• French Connection to join line-up at Icon Outlet

  22-06-2023 02:00 via theretailbulletin.com
  
  Fashion brand French Connection is to make its London outlet debut at Icon Outlet at The O2. The move marks the brand’s first outlet store opening... View Article
  
  Read more

• Former THG boss joins Boohoo’s attempted boardroom coup at Revolution Beauty

  22-06-2023 02:00 via theretailbulletin.com
  
  The former chief executive of a major division at THG has joined Boohoo’s attempted boardroom coup at Revolution Beauty. Earlier this week, Manchester-headquartered fashion giant Boohoo... View Article
  
  Read more

• Theft of meat, sweets and alcohol in UK hits highest in decade

  22-06-2023 01:01 via ft.com
  Cost of living crisis driving ‘unprecedented’ crime spate, say shopkeepers
  
  Read more

• Theft of meat, sweets and alcohol in UK hits highest in a decade

  22-06-2023 01:01 via ft.com
  Cost of living crisis driving ‘unprecedented’ crime spate, say shopkeepers
  
  Read more

Follow @retailuknws on Twitter!