Retail news

• Farfetch shares plunge despite talk of founder taking it private

  29-11-2023 20:29
  Online luxury retailer tells investors past forecasts ‘should no longer be relied upon’
  
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• Watchdog is right to investigate supermarkets’ two-tier pricing tactics

  29-11-2023 19:15
  
  Loyalty schemes are listing more and more products at cheaper prices for cardholders, but many shoppers are missing outOne of the occasional oddities of modern supermarket shopping is being asked by a fellow customer – not a checkout assistant – whether one has a Clubcard, Nectar card or whatever. The cardless shopper understandably wants the lower prices that usually come with tapping the relevant piece of plastic. Since the card-equipped shopper can gain a few loyalty points for fr
  
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• Greggs to ‘verge on the decadent’ in Christmas fine dining stunt

  29-11-2023 16:33
  
  Bistro Greggs to reimagine favourites such as the steak bake with ‘Parisian inspiration’ – and price hike to matchYou’ve eaten the sausage roll and possibly bought the Primark T-shirt but now the formerly no-frills baker Greggs has upped the ante with its guerrilla marketing this Christmas by debuting a “fine dining” offering.Bistro Greggs is marketing itself as a high-end restaurant where steak bakes will be served under silver cloches and you can sip £
  
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• CMA/grocers: loyal prerogatives power lucrative basket trade

  29-11-2023 16:14
  UK supermarkets have absorbed a thing or two from Big Tech about network effects
  
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• Golden Goose: polished valuation aims to capitalise on derelict chic

  29-11-2023 16:10
  
  Narrowly focused fashion brands have a mixed history with public markets
  
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• Watchdog to investigate price cuts for UK supermarket loyalty cardholders

  29-11-2023 16:03
  
  Regulator says that big discounts for members may be restricting competition and disadvantaging those outside the schemesUK competition watchdog to investigate baby formula marketThe competition watchdog is to investigate the effect on consumers of the rise of loyalty card price cuts amid concerns that they could limit competition and lead to price rises for shoppers not signed up to such marketing schemes.Sainsbury’s began offering special discounts for its Nectar card holders in April wh
  
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• Jack Ma urges ‘change and reform’ at Alibaba

  29-11-2023 09:16
  Intervention comes at critical moment for tech group as main rival gains ground
  
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• Black Friday bonanza could lead to a festive hangover for retail

  29-11-2023 06:01
  Record online sales in the US may have raised company hopes but the picture remains murky heading into Christmas
  
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• Křetínský pushes French retailer Casino to offload stores before bailout

  29-11-2023 06:00
  Carrefour and Lidl among those seeking to buy hypermarkets from indebted group built by Jean-Charles Naouri
  
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• Worldline awarded Payment Institution Authorisation by the FCA, ensuring business growth in the post-Brexit UK payments landscape

  29-11-2023 01:00 via theretailbulletin.com
  
  Worldline (Euronext: WLN), a global leader in payment services, announces it has been granted Payment Institution Authorisation[1] by the Financial Conduct Authority (FCA). The licensing confirms... View Article
  
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• Q&A: Troels Falkenberg, Director, Global Business Development, Checkpoint Systems

  29-11-2023 01:00 via theretailbulletin.com
  
  Checkpoint Systems is the only vertically integrated RF/RFID solution provider for retail, delivering software, hardware, labels, tags and connected cloud-based solutions.  It is a global leader... View Article
  
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• Intellectual property dangers loom for major retailers in 2024 as generative AI advances

  29-11-2023 01:00 via theretailbulletin.com
  
  Next year will see an increasing number of major retailers in the UK getting caught out by the intellectual property (IP) pitfalls that exist from generative... View Article
  
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• IKEA rolls out mobile collection points with Tesco

  29-11-2023 01:00 via theretailbulletin.com
  
  IKEA is rolling out over 70 additional mobile pick-up points in partnership with Tesco. The new service will allow shoppers to collect their online IKEA orders... View Article
  
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• Holland & Barrett unveils Trafford Centre store

  29-11-2023 01:00 via theretailbulletin.com
  
  Holland & Barrett has reopened its store at Manchester’s Trafford Centre following an extensive refurbishment. Spanning 1,857 square feet, the shop features a new look and... View Article
  
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• Halfords delivers first half sales and profit growth

  29-11-2023 01:00 via theretailbulletin.com
  
  Halfords has grown its first-half revenue by 13.9% to £873.5 million despite “challenging” market conditions. In the six-month period to 29 September, like-for-like sales rose by... View Article
  
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• Greggs teams up with Fenwick on first fine dining bistro

  29-11-2023 01:00 via theretailbulletin.com
  
  Greggs is collaborating with the Fenwick department store in Newcastle to launch a bistro serving a multi-course menu of fine-dining interpretations of its bakes and sweet... View Article
  
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• CMA releases update on review of competition in the grocery sector

  29-11-2023 01:00 via theretailbulletin.com
  
  The Competition and Markets Authority (CMA) has released its latest findings and next steps in its ongoing review of the grocery sector. The move follows an... View Article
  
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• Canada Goose acquires knitwear manufacturer Paola Confectii

  29-11-2023 01:00 via theretailbulletin.com
  
  Canada Goose has acquired the operating assets of Paola Confectii Manufacturing. The purchase of the Romanian company means that Canada Goose now has a manufacturing facility... View Article
  
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• Beyond the Aisles: Safeguarding retail workers in the face of escalating safety challenges

  29-11-2023 01:00 via theretailbulletin.com
  
  The retail sector is facing a surge in public aggression, dubbed the ‘intolerance epidemic,’ with safety concerns for workers on the rise. An insight from Naz... View Article
  
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• Amazon launches in-person Second Chance Store

  29-11-2023 01:00 via theretailbulletin.com
  
  Amazon has launched its first physical Second Chance Store after teaming up with children’s charity Barnardo’s. Opening for two weeks from today, the shop will give... View Article
  
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