Retail news

• Waitrose pushes shop workers to accept more flexible hours

  06-09-2023 19:19
  Lossmaking upmarket grocer says a third of time worked in its stores is ‘in the wrong place’
  
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• Revealed: Retail Gazette Awards unveils 2023 shortlist

  06-09-2023 18:04 via retailgazette.co.uk
  
  The Retail Gazette Awards: The Game Changers has unveiled the shortlist for its 2023 edition.
  The finalists include some of the UK’s largest retailers including Aldi, Dunelm, Frasers Group, Lush, Sainsbury’s and Superdrug.
  Judged by an esteemed panel of retail leaders from brands including Boots, Co-op and John Lewis, the winners will be revealed at a special celebration on October 18, 2023 in London.
  This year’s finalists are:
  Best Retailer Over £500m
  AldiDunelmPets at H
  
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• Pound hits three-month low as Bank of England governor predicts ‘quite marked’ fall in inflation – as it happened

  06-09-2023 17:56
  
  Governor Andrew Bailey tells MPs that BoE is “much nearer” to ending its run of interest rates increasesWilko administrators reveal locations of 52 stores to close next weekMore than 1,300 jobs to go as 52 Wilko stores shut downNewsflash: British construction firms suffered a sharp drop in orders in August, adding to concerns about a slowing economy as rising interest rates hit demand.A survey of construction companies conducted by data firm S&P Global shows that new orders fell
  
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• Bank of England governor predicts ‘quite marked’ fall in inflation – business live

  06-09-2023 16:14
  
  Governor Andrew Bailey tells MPs that many economic indicators suggest the recent fall in inflation will continueWilko administrators reveal locations of 52 stores to close next weekMore than 1,300 jobs to go as 52 Wilko stores shut downNewsflash: British construction firms suffered a sharp drop in orders in August, adding to concerns about a slowing economy as rising interest rates hit demand.A survey of construction companies conducted by data firm S&P Global shows that new orders fell las
  
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• Wilko administrators reveal locations of 52 stores to close next week

  06-09-2023 12:59
  
  PwC warns of more job losses if last-ditch talks to save stricken retailer fall throughBusiness live – latest updatesAdministrators for Wilko have revealed the locations of the 52 stores that will close next week and warned of more job losses if last-ditch talks to save the remainder of the stricken retailer fall through.PwC, which on Tuesday revealed that more than 1,300 Wilko staff are to lose their jobs, said it remains “committed to doing all we can to help affected staff”
  
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• Tesco boss urges politicians to stand by net zero commitments

  06-09-2023 12:30 via retailgazette.co.uk
  
  Tesco CEO Ken Murphy has called on politicians to stand by their net zero commitments and give businesses the confidence needed to invest.
  The plea comes as Murphy unveiled the expansion of one of the grocer’s key agricultural innovation initiatives, the largest commercial field trial of low-carbon fertilisers in the UK.
  Speaking at the Reuters IMPACT event in London, Murphy explained green innovation in the food industry could be transformational in terms of reducing costs and carbon, pro
  
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• Jollyes reports record Q1 performance due to volume growth

  06-09-2023 11:46 via retailgazette.co.uk
  
  Jollyes has reported its best-ever first quarter performance in the 13 weeks to 27 August , thanks to a boost in volume growth.
  The pet food and accessories retailer saw total sales rise 33.6% to £33.7m.
  Like-for-like sales hit 23% compared to 17% in 2022, although the business noted this excluded the performance of six of its stores open longer than a year.Subscribe to Retail Gazette for free
  Sign up here to get the latest news straight into your inbox each morning Jollyes
  
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• Jollyes posts record quarter as like-for-likes soar 23%

  06-09-2023 11:46 via retailgazette.co.uk
  
  Jollyes has reported its best-ever first quarter performance in the 13 weeks to 27 August , thanks to a boost in volume growth.
  The pet food and accessories retailer saw total sales rise 33.6% to £33.7m.
  Like-for-like sales hit 23% compared to 17% in 2022, although the business noted this excluded the performance of six of its stores open longer than a year.Subscribe to Retail Gazette for free
  Sign up here to get the latest news straight into your inbox each morning Jollyes
  
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• Full list of Wilko store closures released; UK housebuilding slumps as rising interest rates hit demand – business live

  06-09-2023 11:31
  
  Administrators at PwC have revealed which 52 Wilko outlets will shut next weekMore than 1,300 jobs to go as 52 Wilko stores shut downUK workers will be worse off in 2024 than in 2019, thinktank warnsNewsflash: British construction firms suffered a sharp drop in orders in August, adding to concerns about a slowing economy as rising interest rates hit demand.A survey of construction companies conducted by data firm S&P Global shows that new orders fell last month, at the fastest pace since May
  
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• Have you got your ticket yet?

  06-09-2023 11:25 via retailgazette.co.uk
  
  Join eCommerce Expo on 27-28 September for a unique opportunity to upskill, network, and meet solution providers with tools to enhance your eCommerce strategy across every stage of the customer journey.
  These great brands have already registered for eCommerce Expo. Don’t miss out! With just four weeks to go, it’s time for you and your team to get your tickets and join the UK’s leading eCommerce event.
  You will be in good company with brands attending including…
  Kellogg&r
  
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• Iceland unveils back-to-school help for families

  06-09-2023 10:33 via retailgazette.co.uk
  
  Iceland Foods has announced a range of money saving offers to help families with the cost of children returning to school.
  The deals consist of savings across lunchbox essentials, break time snacks and household essentials that can help parents prepare for the new term.
  The news comes after research from the supermarket found nearly half of parents were worried about affording kids lunchbox essentials when they return to school.
  Meanwhile, more than half are worried about the general cost of sch
  
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• WHSmith full-year sales take off as summer travel soars

  06-09-2023 08:59 via retailgazette.co.uk
  
  WHSmith sales surged 28% its full year as its travel business soared over the summer.
  The retailer heralded “strong summer trading” as more people headed off on holiday, which helped its travel sales jump 42% in its full year to 31 August.
  It said its rail business had been “resilient” in the face of ongoing strike action.
  Travel like-for-likes rose 27% year on year, with UK sales up 30%.Subscribe to Retail Gazette for free
  Sign up here to get the latest news st
  
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• Halfords revenues rise thanks to ‘strong performance’ at autocentres

  06-09-2023 08:40 via retailgazette.co.uk
  
  Halfords posted a 14% rise in revenue for the 20-week period ended August 18, as the bicycle and car products retailer was boosted by strong demand for its “basic needs” services at its garages across the country.
  The UK’s biggest provider of motoring services and products saw revenues in its autocentres division grow 4.6% and retail rise 3.7%
  As a result, the business forecast its annual underlying pretax profit to be between £48m and £58m, slightly higher than las
  
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• Data: Aldi named cheapest supermarket for 15th month in a row

  06-09-2023 07:52 via retailgazette.co.uk
  
  Aldi has been officially named the cheapest supermarket in the UK for the fifteenth month in a row.
  Consumer group, Which? conducted its monthly Cheapest Supermarket price comparison, looking at the cost of a basket of items, including groceries and household essentials.
  The latest research shows that in August, the German discount grocer was £14.30 cheaper than the most expensive supermarket, Waitrose, for an equivalent basket of items.
  Which? also revealed Aldi to be &poun
  
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• WH Smith revenues jump by 28% after strong travel performance

  06-09-2023 02:00 via theretailbulletin.com
  
  WH Smith has seen its group revenue increase by 28% in the year to 31 August following a strong performance from its travel division. Sales at... View Article
  
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• The North Face to join line-up at Manchester Arndale

  06-09-2023 02:00 via theretailbulletin.com
  
  Outdoor clothing retailer The North Face has signed a ten-year lease for its first store in Manchester city centre. Situated in Manchester Arndale on New Cannon... View Article
  
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• SPAR begins search for new MD as Louise Hoste departs

  06-09-2023 02:00 via theretailbulletin.com
  
  After four years as Managing Director of SPAR UK, Louise Hoste has decided to pursue fresh challenges and will leave SPAR on 8th September 2023. Louise joined... View Article
  
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• Rituals to open in Chelmsford this September

  06-09-2023 02:00 via theretailbulletin.com
  
  On Thursday September 7th 2023, Rituals will open its doors in Chelmsford, Essex on Bond Street. Joining an array of local and global brands in this... View Article
  
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• Jollyes reports accelerating first quarter performance

  06-09-2023 02:00 via theretailbulletin.com
  
  Jollyes has delivered its “best-ever” first quarter trading performance in the 13 weeks to 27 August with total sales rising by 33.6% to £33.7 million. Like-for-like... View Article
  
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• John Lewis appoints Will Kernan as non-executive director

  06-09-2023 02:00 via theretailbulletin.com
  
  John Lewis Partnership has appointed former River Island chief executive Will Kernan as a non-executive director. Due to take up his position on 12 September, he... View Article
  
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• Halfords revenues rise as consumers seek out budget auto care

  06-09-2023 02:00 via theretailbulletin.com
  
  Halfords reported a 14.1 per cent hike in revenue for the first five months of the year as the retailer was bolstered by demand for “basic needs”... View Article
  
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• Fossil introduces new brand identity

  06-09-2023 02:00 via theretailbulletin.com
  
  Watch brand Fossil has introduced a new brand identity as it looks to connect more deeply with the next generation of consumers. The new look has... View Article
  
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• Fossil introduces new brand idenity

  06-09-2023 02:00 via theretailbulletin.com
  
  Watch brand Fossil has introduced a new brand identity as it looks to connect more deeply with the next generation of consumers. The new look has... View Article
  
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• Duo of British brands commit to Caledonia Park

  06-09-2023 02:00 via theretailbulletin.com
  
  Fashion retailers Phase Eight and Hobbs are to open new outlet stores at Scotland’s Caledonia Park. The TFG brands will join the likes of Tommy Hilfiger, Calvin... View Article
  
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• Ann Summers aims to boost shop numbers as UK sales climb

  06-09-2023 02:00 via theretailbulletin.com
  
  Lingerie and pleasure retailer Ann Summers said its turnover reached over £100m in the year ending June 2022, as it revealed plans to open more stores... View Article
  
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• Aldi to trial loose fruit and vegetable lines to reduce plastic

  06-09-2023 02:00 via theretailbulletin.com
  
  Aldi is to trial four new loose fruit and vegetable lines in a bid to further reduce plastic waste. Starting from this week, items including garlic,... View Article
  
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