Retail news

• Oxford Street: Arrests made following viral ‘rob JD Sports’ TikTok post

  09-08-2023 18:47 via retailgazette.co.uk
  
  Arrests had been made on Oxford Street after a post to “rob JD Sports” on TikTok went viral.
  Retail Gazette saw more than five youths in handcuffs around Oxford Circus amid heightened police presence on the famous shopping street.
  A TikTok post about the proposed looting was shared widely across social media over the past few days.
  The post urged people to follow a “dress code” of balaclavas and gloves and said “don’t come if you can’t run”.Subscri
  
  Read more

• Nomad Foods sees sharp rise in sales after increasing prices

  09-08-2023 18:25
  
  Firm says profitability suffered due to post-pandemic inflation and Ukraine warNomad Foods, the owner of Birds Eye, Findus and Goodfella’s pizzas, has seen a sharp rise in sales after it increased prices by 18%, amid political scrutiny over food pricing.The business, which supplies the UK’s major supermarkets, said sales had risen by 8.6% in the three months to the end of June. The number of items sold dropped by 9.4% but profits rose 6.8% to €210m. Continue reading...
  
  Read more

• Birds Eye owner sees sharp rise in sales after raising prices 18%

  09-08-2023 18:25
  
  Profits at food group surged even as sales volumes fell, adding fuel to accusations of ‘greedflation’Nomad Foods, the owner of Birds Eye, Findus and Goodfella’s pizzas, has seen a sharp rise in sales after it increased prices by 18%, amid political scrutiny over food pricing.The business, which supplies the UK’s major supermarkets, said sales had risen by 8.6% in the three months to the end of June. The number of items sold dropped by 9.4%, but profits rose by 6.8% to &eu
  
  Read more

• M&S hires all-women leadership team to head up new flagship stores

  09-08-2023 13:56 via retailgazette.co.uk
  
  M&S has hired an all-female leadership team to head up its five new flagship stores set to open later this year.
  The group of six women have more than 115 years of retail experience between them and will lead a combined team of more than 1,000 staff members.
  Two of the new managers will job share the role under the retailer’s Worklife flexible working offering.
  M&S has also launched a Job Share Finder app to make it easier for its employees to find roles available for job share.
  Th
  
  Read more

• Advertisement

• Under Armour sales dip while business maintains outlook

  09-08-2023 13:50 via retailgazette.co.uk
  
  Sales at Under Armour have dropped during its first quarter for 2024 despite its international and direct-to-consumer businesses experiencing “strong growth”.
  Revenue for the quarter ending June 30 2023 dropped 2% compared to 2022, to £1.01bn ($1.3bn), while wholesale revenue dipped 6%.
  Meanwhile, the sportswear retailer saw gross profit of £475m ($607.7m), a 5% drop compared to the same period last year.
  Despite this, Under Armour kept its outlook consistent for the comi
  
  Read more

• Wilko suspends home deliveries as it holds talks on rescue deal

  09-08-2023 13:48
  
  Budget retailer and adviser PwC have until Monday to find new fundingThe troubled budget retailer Wilko has stopped offering home deliveries for orders on its website as it holds last-ditch talks on a potential rescue deal.The household and garden products retail chain, which has about 400 stores, warned last week that it was on the brink of collapse, with more than 12,000 jobs at risk. Continue reading...
  
  Read more

• John Lewis offers 25% off entire own-brand school uniform range

  09-08-2023 11:45 via retailgazette.co.uk
  
  John Lewis is running a 25% off promo its entire own-brand school wear range as the new academic year nears, for the first time.
  Shoppers will be able to enjoy savings on the department store retailer’s entire Anyday school wear range until September 3.
  It comes as a study shows that 57% of parents are looking to save money on school uniforms this year, while a total of 65% searching around for the best deals.Subscribe to Retail Gazette for free
  Sign up here to get the latest new
  
  Read more

• Hirestreet unveils first footwear rental offering with Schuh

  09-08-2023 08:40 via retailgazette.co.uk
  
  Rental platform Hirestreet has launched its first shoe rental collection in partnership with Schuh.
  The range, allows shoppers to hire a full look for the first time with a range of Schuh shoes from high heels to wedges on offer.
  The platform said it was experiencing a record summer for occasionwear rental, with traffic up 300% year on year. Last month it received 250 requests for shoes to complete the outfits.
  Rental prices start from £5 for a five-day period and £10 for ten days, w
  
  Read more

• Advertisement

• John Lewis eyes AI to boost profits in ‘bargain’ £100m Google deal

  09-08-2023 08:30 via retailgazette.co.uk
  
  John Lewis stores are set to embrace artificial intelligence as the partnership strikes a “bargain” £100 million agreement with Google to reduce data storage expenses.
  According to the Times, an AI customer service bot will be launched this year, while “augmented reality” services — virtually placing and adjusting interior design through a device — are also in development.
  Last month the department store retailer launched a service allowing shoppers to&n
  
  Read more

• John Lewis eyes AI to boost profits in £100m Google deal

  09-08-2023 08:30 via retailgazette.co.uk
  
  John Lewis stores are set to embrace artificial intelligence as the partnership strikes a “bargain” £100m agreement with Google to reduce data storage expenses.
  According to the Times, an AI customer service bot will be launched this year, while “augmented reality” services, which include virtually placing and adjusting interior design through a device, are in development.Subscribe to Retail Gazette for free
  Sign up here to get the latest news straight int
  
  Read more

• Superdrug launches new campaign and pledges to donate 5,000 hygiene products to Beauty Banks

  09-08-2023 02:00 via theretailbulletin.com
  
  Superdrug has launched a ‘Back to School Give Back’ campaign to raise awareness of its ongoing partnership with charity Beauty Banks. The health and beauty retailer... View Article
  
  Read more

• M&S All-Woman leadership team for 5 new stores: A step forward for gender equality?

  09-08-2023 02:00 via theretailbulletin.com
  
  Retail giant Marks and Spencer (M&S) has announced the appointment of an all-woman leadership team to head the upcoming launch of five new flagship full-line stores... View Article
  
  Read more

• JD Sports to accelerate European expansion as it takes full ownership of MIG

  09-08-2023 02:00 via theretailbulletin.com
  
  JD Sports is to accelerate its expansion in Central and Eastern Europe after becoming the sole owner of Polish based Marketing Investment Group. The retailer has... View Article
  
  Read more

• Flying Tiger Copenhagen to join line-up at Metrocentre

  09-08-2023 02:00 via theretailbulletin.com
  
  Metrocentre Gateshead will soon be welcoming variety store Flying Tiger Copenhagen to its line-up as the Danish retailer makes a return to the North East. Spanning... View Article
  
  Read more

• Fashion brand Joseph returns to profit

  09-08-2023 02:00 via theretailbulletin.com
  
  Joseph has posted an operating profit of £0.4 million for the 12 months to 30 November 2022 compared to a loss of £8.9 million in the... View Article
  
  Read more

• Decathlon launches Back to Sport PE kit to improve accessibility to sport

  09-08-2023 02:00 via theretailbulletin.com
  
  To tackle rising uniform costs, sports retailer Decathlon has launched its under £25.00 Back to Sport Pack to ensure all kids can participate in sports both... View Article
  
  Read more

• Calvin Klein and Lids upsize at Icon Outlet at The O2

  09-08-2023 02:00 via theretailbulletin.com
  
  Icon Outlet at The O2 has announced significant upsizes for Calvin Klein and Lids at the scheme. While Calvin Klein is to increase its retail footprint... View Article
  
  Read more

Follow @retailuknws on Twitter!