Retail news

• Wilko administrators warn of ‘likely’ job losses and store closures

  23-08-2023 21:00
  PwC continues to seek buyer for UK discount retailer after its collapse earlier this month
  
  Read more

• Wilko to close majority of stores with loss of thousands of jobs

  23-08-2023 20:22
  
  UK retailer, which has about 400 shops, likely to shut some branches ‘in near future’ after no buyer foundThe majority of Wilko stores are expected to shut with the loss of thousands of jobs after a white knight failed to step forward to rescue the collapsed retailer.The family-owned household and garden products retailer, which has about 400 stores and employs almost 12,500 people, will leave big gaps on high streets after the failure of talks with interested parties forced it to ca
  
  Read more

• Wilko poised to cease trading with loss of 12,000 jobs after no buyer found

  23-08-2023 19:18
  
  UK retailer, which has about 400 shops, to start shutting some branches from next week after no buyer foundThe majority of Wilko stores are to shut from next week with the loss of thousands of jobs after a white knight failed to step forward to rescue the collapsed retailer.The family-owned household and garden products retailer, which has about 400 stores and employs almost 12,500 people, will leave big gaps on high streets after the failure of talks with interested parties forced it to call in
  
  Read more

• John Lewis faces local opposition over rental homes plan

  23-08-2023 17:43
  Residents in London borough complain about retailer’s project to develop 10,000 homes
  
  Read more

• Advertisement

• Sainsbury’s & Mountain Warehouse join M&S’ calls for VAT to be scrapped on period underwear

  23-08-2023 16:41 via retailgazette.co.uk
  
  Sainsbury’s and Mountain Warehouse have become the latest retailers to back the ‘Say Pants to the Tax’ campaign calling on the government to remove VAT on period underwear.
  The retailers have joined the campaign led by M&S and period pants online retailer Wuka, with both pledging to pass on the cost saving to customers if VAT is removed.
  Last week M&S kicked off its call to ministers to scrap VAT on period underwear after the tax was removed on feminine hygiene pro
  
  Read more

• Qatar sovereign wealth fund to invest $1bn in India’s Reliance Retail Ventures

  23-08-2023 16:15
  Bet on country’s growing middle class values Mukesh Ambani’s shopping company at $100bn
  
  Read more

• Sainsbury’s announces ‘biggest ever’ Aldi Price Match campaign

  23-08-2023 12:43 via retailgazette.co.uk
  
  Sainsbury’s has added more than 40 new products to its Aldi Price Match Campaign, making it “the biggest yet”, with more than 400 items.
  The range of products includes by Sainsbury’s soups, burger buns and bread, as well as Bramley apple pies.
  The supermarket has also completed the roll-out of Nectar Prices, adding them to frozen food for the first time.
  Further cost price savings have been passed on to shoppers as inflation begins to slow, including better value on popul
  
  Read more

• First ‘not for EU’ labels appear on supermarket food in Northern Ireland

  23-08-2023 11:46
  
  Labels required on some items from October on back of updated post-Brexit deal seen in AsdaThe first “not for EU” labels have appeared on food products sold in Northern Ireland, in a sign for consumers of the changes resulting from the Windsor framework deal that updated the region’s post-Brexit arrangements.As part of the framework – announced in February and designed to end the long-running dispute between the EU and the UK over the Northern Ireland protocol – new
  
  Read more

• Advertisement

• Boots baby formula ads on Google broke rules, says UK watchdog

  23-08-2023 10:19
  
  Retailer apologises for error, with such advertising banned in case it discourages breastfeeding Online adverts for Boots for four infant formula products broke advertising rules designed to protect breastfeeding, the advertising watchdog has found.The Advertising Standards Authority (ASA) made the ruling in response to a complaint that the health and beauty retailer’s infant formula products had been advertised on Google. Continue reading...
  
  Read more

• House of Fraser to shutter two more stores

  23-08-2023 09:31 via retailgazette.co.uk
  
  House of Fraser owner Frasers Group will be shuttering two more of its department stores over the next month as the retail titan continues to focus on its Sports Direct and Flannels flagships.
  House of Fraser will close the doors to its store in Solihull on 28 August and its branch in Guildford on 30 September.
  In the year to 30 April, Frasers has axed eight of its department store branches, taking the total number of stores to 31 across the UK.
  It has almost halved in size from 59 stores since
  
  Read more

• MPs urge supermarkets to create ‘Buy British’ option online to boost UK farming

  23-08-2023 08:29 via retailgazette.co.uk
  
  UK supermarkets are being urged to create standalone ‘Buy British’ sections on their websites to make it easier for consumers to find home-grown produce online and support UK farmers.
  The online section would gather produce from UK farmers to help consumers find these items more “quickly and easily”.
  Over 110 MPs are set to sign an open letter urging retailers to further encourage shoppers to purchase UK-grown food.Subscribe to Retail Gazette for free
  Sign up here&nb
  
  Read more

• MPs urge supermarkets to add ‘Buy British’ section online to boost UK farming

  23-08-2023 08:29 via retailgazette.co.uk
  
  UK supermarkets are being urged to create standalone ‘Buy British’ sections on their websites to make it easier for consumers to find home-grown produce online and support UK farmers.
  The online section would gather produce from UK farmers to help consumers find these items more “quickly and easily”.
  Over 110 MPs are set to sign an open letter urging retailers to further encourage shoppers to purchase UK-grown food.Subscribe to Retail Gazette for free
  Sign up here&nb
  
  Read more

• Getir to axe 10% of staff as rapid delivery demand wanes

  23-08-2023 08:14 via retailgazette.co.uk
  
  Getir will be slashing around 10% of its global team as it plans to “restructure the global organisation to significantly increase operational efficiency”.
  The rapid grocery delivery firm, which bought rival Gorillas in a £1.2bn deal late last year, employs 23,000 people on five continents, including couriers, pickers and office employees.
  The restructuring will result in 2,500 redundancies.Subscribe to Retail Gazette for free
  Sign up here to get the latest news
  
  Read more

• Getir to axe 10% of global workforce as rapid delivery demand wanes

  23-08-2023 08:14 via retailgazette.co.uk
  
  Getir will be slashing around 10% of its global team redundant as it plans to “restructure the global organisation to significantly increase operational efficiency”.
  The rapid grocery delivery firm, which bought rival Gorillas in a £1.2bn deal late last year, employs 23,000 people on five continents, including couriers, pickers and office employees.
  The restructuring will result in 2,500 redundancies.Subscribe to Retail Gazette for free
  Sign up here to
  
  Read more

• VF Corporation hires Brent Hyder as chief people officer

  23-08-2023 02:00 via theretailbulletin.com
  
  VF Corporation, the owner of Timberland and The North Face, has appointed Brent Hyder as chief people officer. Due to take up his role on 5... View Article
  
  Read more

• Trafford Centre strengthens leadership team

  23-08-2023 02:00 via theretailbulletin.com
  
  Manchester’s Trafford Centre has appointed Kate Thursfield as operations director to support future growth. Thursfield previously ran her own retail consultancy, but prior to that, worked... View Article
  
  Read more

• [People Matter] Pounds and Sense: Spending on employee wellbeing

  23-08-2023 02:00 via theretailbulletin.com
  
  Part 3: How much are retailers in the UK investing in the well-being of their employees? Buckle up, because we’re about to lift the curtain on... View Article
  
  Read more

• Nudea launches first-ever Sustainability Report

  23-08-2023 02:00 via theretailbulletin.com
  
  B-Corp certified, sustainable underwear brand, Nudea, has unveiled its first-ever Sustainability Report this month. The comprehensive report provides an in-depth insight into the brand’s environmental and... View Article
  
  Read more

• King of Soho’s premium Copacetic vodka to make waves nationwide and abroad

  23-08-2023 02:00 via theretailbulletin.com
  
  The renowned London-based gin and vodka brand, The King of Soho, has unveiled its plans for an extensive launch of its latest creation, the ultra-premium Copacetic... View Article
  
  Read more

• House of Fraser to shut two more stores

  23-08-2023 02:00 via theretailbulletin.com
  
  Frasers Group will close two more House of Fraser stores over the next month as the company continues to focus on its Sports Direct and Flannels... View Article
  
  Read more

• H&M collaborates with Iggy Jeans on limited edition denim capsule

  23-08-2023 02:00 via theretailbulletin.com
  
  H&M-owned Monki has teamed up with Iggy Jeans to launch a limited edition denim collection. Items include low-waisted jeans styles, a classic jeans jacket, mini skirt,... View Article
  
  Read more

• Getir to cut 2,500 jobs across five countries

  23-08-2023 02:00 via theretailbulletin.com
  
  Getir, the rapid grocery delivery company, is to cut around 2,500 jobs across five countries as part of restructuring plans. The job cuts, which will impact... View Article
  
  Read more

• French Connection opens new outlet store in York

  23-08-2023 02:00 via theretailbulletin.com
  
  French Connection has opened a new outlet store at the McArthurGlen Designer Outlet York. The shop will offer the fashion brand’s selection of clothing and accessories... View Article
  
  Read more

• Angling Direct hails strong first half performance

  23-08-2023 02:00 via theretailbulletin.com
  
  Angling Direct has reported a strong first half performance following double-digit sales growth across the UK. In the six months to 31 July, UK revenue increased... View Article
  
  Read more

• Ocado slashes prices on further 200 items

  23-08-2023 01:01 via retailgazette.co.uk
  
  Ocado has kicked off its Back to School price cuts, with a further 200 items reduced in its Big Price Drop.
  Products included in the online grocer’s drop have a particular focus on a variety of helpfulitems for back to school shopping including Heinz Beans (-6% was £4 now £3.75 for four cans), Copella Apple Juice (-29% was £2.80, now £2), Walkers Ready Salted crisps (-3% was £3.25, now £3.15 for 12 packs) and Ocado Own-Range easy peelers (-6% was £
  
  Read more

Follow @retailuknws on Twitter!