Retail news

• ‘Make Amazon Pay’ Black Friday strikes planned in 30 countries including UK

  27-10-2023 18:01
  
  Global day of action on 24 Novemberunveiled at summit of trade unionists and political leadersAmazon workers have revealed plans to hold strikes and protests at the online retailer on Black Friday in more than 30 countries around the world including the UK.The global day of action to be held on 24 November was unveiled in Manchester at the first Make Amazon Pay summit of trade unionists and political leaders. It came the day after the online retailer revealed its profits had tripled to $143.1bn
  
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• Asda: Issa brothers admit errors in letter to MPs on its offshore ownership

  27-10-2023 16:03 via retailgazette.co.uk
  
  Asda billionaire co-owners the Issa brothers have admitted providing inaccurate information to MPs about the intricate offshore ownership structure known as ‘Bellis’ that they established for Asda following their £6.8bn acquisition in 2021.
  After facing questions by MPs on the Business and Trade Committee over his management of the supermarket, Mohsin Issa wrote a letter to the committee, which was published last week, where he clarified its corporate structure, setting ou
  
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• Freemans launches earliest Christmas campaign in 118 years

  27-10-2023 11:58 via retailgazette.co.uk
  
  Freemans has announced that its festive activity will begin today, making it the earliest Christmas campaign for the retailer in its 118 year history.
  The digital department store unveiled the campaign over a week sooner than last year, in response to customers starting their Christmas shopping “earlier than ever”.
  In the retailer’s latest TV advert iteration of “Made You Look,” designed for Christmas, 10 and 20 second adverts premiere from tomorow, and are set to r
  
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• Brexit ‘shaved £850m off beauty industry’s exports to EU’

  27-10-2023 11:35
  
  Customs delays and increased cost of cross-border trade have affected sales, report suggestsBrexit has led to an £850m fall in the value of the UK beauty industry’s exports to the EU, according to a report by a leading economics forecasting organisation.The research, commissioned by the British Beauty Council, blamed customs delays and the increased cost of cross-border trade for putting a dampener on sales. Continue reading...
  
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• Brexit ‘led to £850m drop in value of UK beauty industry’s exports to EU’

  27-10-2023 11:35
  
  Report suggests customs delays and increased cost of cross-border trade have affected salesBrexit has led to an £850m fall in the value of the UK beauty industry’s exports to the EU, according to a report by a leading economics forecasting organisation.The research, commissioned by the British Beauty Council, blamed customs delays and the increased cost of cross-border trade for putting a dampener on sales. Continue reading...
  
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• Amazon profits triple as third-quarter sales soar

  27-10-2023 09:42 via retailgazette.co.uk
  
  Amazon profits have tripled in its latest quarter as consumers continue to spend despite the persistently high interest rates.
  Profits for the online retail giant rocketed to £8.2bn ($9.9bn) in the three months to 30 September, up from £2.4bn ($2.9bn) a year ago.
  Sales jumped 13% to £118bn ($143.1bn) in the third quarter, boosted by a 16% increase in international revenue to £26.5bn ($32.1bn).
  The retail giant gained momentum in its cloud computing platform, Amazon Web Se
  
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• Jigsaw hires ex-Oasis boss as CEO as Butterwick stands down

  27-10-2023 08:56 via retailgazette.co.uk
  
  Jigsaw as hired former Oasis and Warehouse boss Hash Ladha as its new chief executive as Beth Butterick stands down from the retailer after three years.
  Ladha will assume the role in November, taking over from Butterwick who joined in May 2021.
  The incoming CEO was previously the group chief executive of Oasis and Warehouse Group from 2018 until 2020, having joined the business in 2010 as its multichannel director.
  Prior to that, he was also the marketing director at New Look and marketing and o
  
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• Standalone Wilko stores to return to the high street before Christmas

  27-10-2023 08:26 via retailgazette.co.uk
  
  Standalone Wilko stores are set to return to the high street and retail parks before the end of the year as its new owner prepares for an aggressive roll-out.
  The Range owner SDS Superstores, which acquired the discount chain’s brand and intellectual property in a £5m deal after it collapsed into administration, said it was preparing a national roll-out of stores across England, Scotland, Wales and for the first time, Northern Ireland.
  The parent company said it planned to
  
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• Standalone Wilko stores to return to the high street

  27-10-2023 08:26 via retailgazette.co.uk
  
  Standalone Wilko stores are set to return to the high street and retail parks before the end of the year as its new owner prepares for an aggressive roll-out.
  The Range owner SDS Superstores, which acquired the discount chain’s brand and intellectual property in a £5m deal after it collapsed into administration, said it was preparing a national roll-out of stores across England, Scotland, Wales and for the first time, Northern Ireland.
  The parent company said it planned to
  
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• 6 hugely popular fashion retailers that fell out of favour

  27-10-2023 08:15 via retailgazette.co.uk
  Fashion has always been notoriously fickle and brand popularity can wane seemingly overnight.
  Retail Gazette takes a look at the fashion retailers that were once some of the most coveted brands around but now no longer hold mass appeal.
  HollisterA decade ago, you couldn’t walk into a shopping centre without seeing rafts of teenagers clutching Hollister shopping bags with shirtless men plastered on the fronts.
  The American retailer opened its first store outside of the States in Brent Cross
  
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• Sainsbury’s new wind farm to power stores, offices and depots

  27-10-2023 07:02 via retailgazette.co.uk
  
  Sainsbury’s has completed its new onshore windfarm in Scotland that will provide up to 33% of its energy across stores, offices and depots.
  The retailer’s director of property, procurement and EV ventures Patrick Dunne said: “We’re very proud to be investing in this state-of-the-art, sustainable source of new wind power, featuring the largest, most cutting-edge onshore turbines available in the UK.
  “Now it’s completed, Longhill Burn Wind Farm can beg
  
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• TikTok shops around for options in wake of Indonesia app ban

  27-10-2023 06:00
  Chinese group sets up teams to explore way forward after biggest ecommerce market imposes curbs
  
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• The Very Group posts flat sales as profit drops

  27-10-2023 02:00 via theretailbulletin.com
  
  The Very Group has posted broadly flat revenue in the year to 1 July following challenging market conditions. While group revenue came in at £2.15 billion,... View Article
  
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• Rituals opens new store in East Midlands Designer Outlet

  27-10-2023 02:00 via theretailbulletin.com
  
  Beauty & wellbeing brand Rituals will join a high calibre of brands in the East Midlands Designer Outlet. “We are very excited to announce the arrival... View Article
  
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• Pret A Manger expands in Germany with first shops in downtown Berlin

  27-10-2023 02:00 via theretailbulletin.com
  
  Pret A Manger is to expand further into Germany with the opening of five new coffee shops in downtown Berlin. Due to open by the end... View Article
  
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• New wind farm to provide up to a third of Sainsbury’s electricity

  27-10-2023 02:00 via theretailbulletin.com
  
  Sainsbury’s is celebrating the completion of a brand-new wind farm in Scotland. It will add up to 50 megawatts (MW) of electrical capacity to the grid... View Article
  
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• LEGO joins line-up at Blanchardstown Shopping Centre

  27-10-2023 02:00 via theretailbulletin.com
  
  LEGO has opened a new store in Dublin at the Blanchardstown Shopping Centre. The move follows the opening of the brand’s first-ever Irish store on Dublin’s... View Article
  
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• Cultivating a new breed of cyber security for the new shopping experience

  27-10-2023 02:00 via theretailbulletin.com
  
  Retailers – be they small local shops, online sellers, or top global brands – generate, transfer, and store more data than ever before, ranging from customer... View Article
  
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• Burberry partners with Vestiaire Collective on resale

  27-10-2023 02:00 via theretailbulletin.com
  
  Burberry is giving customers a new way to trade in their pre-loved Burberry pieces through a partnership with resale platform Vestiaire Collective. UK and US customers... View Article
  
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