Retail news

• Supply chain disruption as a result of war and conflict – Is your business protected?

  21-02-2024 17:51 via theretailbulletin.com
  
  By Katherine East, Irwin Mitchell Four years ago, global supply chains and their potential fragility were thrust into mainstream media as Covid-19 changed the world as... View Article
  
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• Roundtable: The search for better search

  21-02-2024 17:40 via retailgazette.co.uk
  
  Today the search bar rules supreme. Shoppers can shop from anywhere and organic search is still a massive driver of traffic – accounting for 76% – but things are changing. The ability to literally find anything at any time online has seen big brands that once dominated markets lose market share to a very long tail of challenger and niche product brands.
  This has seen search shift, with as much as 70% of searches now containing what today are very much longtail search terms &ndas
  
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• New Woolworths boss faces tough initiation amid rising community anger over prices

  21-02-2024 15:00
  
  Brad Banducci will face a Greens-led Senate inquiry, but it is Amanda Bardwell who will have to rebuild the supermarket giant’s reputationGet our morning and afternoon news emails, free app or daily news podcastWoolworths chief executive Brad Banducci is stepping down from Australia’s biggest supermarket chain – but he’s going down swinging.Against a backdrop of multiple parliamentary inquiries and a year-long pricing investigation, Banducci maintains that the grocery sec
  
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• D&I in Grocery: 2023 Impact Report released and new chair appointed for 2024

  21-02-2024 14:39 via theretailbulletin.com
  
  D&I in Grocery program releases 2023 Impact Report and announces new strategy steering group chair for 2024. D&I in Grocery makes two major announcements. Firstly, it... View Article
  
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• Morgan Stanley accused of ‘snobbery’ by Frasers over $1bn margin call

  21-02-2024 14:35 via ft.com
  UK retailer is suing Wall Street bank for €50mn over Hugo Boss position
  
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• Watch: Currys unveils new ad to spotlight trade-in and recycling initiatives

  21-02-2024 13:00 via retailgazette.co.uk
  
  Currys has launched a new ad campaign to spotlight its trade-in and recycling initiatives, which it sees as a key driver of growth for the business.
  The electrical retailer, which finds itself at the centre of a takeover battle, makes the new marketing push to raise awareness of a number of ‘enhanced’ trade-in offers that will see Currys payout above-market prices to customers for old TVs, smartphones and domestic appliances.
  It comes after the retailer’s boss Alex Baldock crit
  
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• Currys unveils new ad campaign to spotlight trade-in and recycling initiatives

  21-02-2024 13:00 via retailgazette.co.uk
  
  Currys has launched a new ad campaign to spotlight its trade-in and recycling initiatives, which it sees as a key driver of growth for the business.
  The electrical retailer, which finds itself at the centre of a takeover battle, makes the new marketing push to raise awareness of a number of ‘enhanced’ trade-in offers that will see Currys payout above-market prices to customers for old TVs, smartphones and domestic appliances.
  It comes after the retailer’s boss Alex Baldock crit
  
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• Co-op shifts IT to cloud in a bid to reduce carbon and drive growth

  21-02-2024 12:22 via retailgazette.co.uk
  
  Co-op has widened its partnership with Tata Consultancy Services (TCS) to move to the cloud to help drive down its carbon footprint and support its business growth.
  The expansion will see the supermarket upgrade its IT systems from a traditional data centre model to a fully managed, scalable cloud environment, powered by the information technology company’s Enterprise Cloud.
  The move will help Co-op by giving it “a foundation for future capabilities and growth”, while lowe
  
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• Peak Stuff review – teenage ideals take a kicking from capitalism

  21-02-2024 12:02
  
  Lawrence Batley theatre, Huddersfield
  A superb Meg Lewis plays three characters losing touch with reality in Billie Collins’s play about a market-driven worldWhen ThickSkin announced this show a few months ago, the youth-friendly touring company now based in Wigan also launched a website. Deliberately crass, it was a send-up of fast-fashion marketing, all clashing colours and false promises. It was quite a laugh.But you can see why they changed tack. No longer so brash, save some electric
  
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• Oysho to open second UK store in Westfield Stratford this Spring

  21-02-2024 11:30 via retailgazette.co.uk
  
  Fashion retailer Oysho is set to open its second UK store in Westfield Stratford City next month.
  The Inditex-owned business will unveil the new store on March 21, a year after it made its UK debut in Westfield White City.
  Oysho is described as an “international sport and leisure brand” which specialises in womenswear and sportswear.Subscribe to Retail Gazette for free
  Sign up here to get the latest news straight into your inbox each morning The new shop will sit
  
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• Retail Buying and Merchandising Trends in 2024

  21-02-2024 11:24 via theretailbulletin.com
  
  In 2024, the landscape of buying and merchandising is witnessing significant transformations driven by evolving consumer preferences, technological advancements, and socio-economic shifts. Let’s dive into four... View Article
  
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• Boost Your Retail Business with AI and Offline Data

  21-02-2024 11:03 via retailgazette.co.uk
  
  Are you looking for new strategies to navigate today’s digital retail landscape?Unlock the power of artificial intelligence (AI) and offline data to make data-driven decisions, enchance customer experience, and drive business growth.
  Our comprehensive resource, the “Retailers’ Guide to Harness Artificial Intelligence & Offline Data to Thrive in the E-commerce Era” will introduce you how to:Enhance decision-making with actionable analytics on traffic patterns, customer
  
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• What nexus is and why you need to know about it

  21-02-2024 10:56 via retailgazette.co.uk
  
  As a Retail Gazette subscriber, you should know that if you’re selling into the U.S. or plan to, nexus laws mean you could owe U.S. sales tax even without a physical presence.
  With thousands of different rates and rules across the U.S., it can be near impossible to work out what you owe and where.
  It’s essential to understand nexus and how to manage U.S. sales tax. Watch our webinar and let the experts walk you through it.
  Watch webinar now
  Understand nexus laws
  Watching our web
  
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• What are Nexus laws and why you need to know about it

  21-02-2024 10:56 via retailgazette.co.uk
  
  As a Retail Gazette reader, you should know that if you’re selling into the US or plan to, Nexus laws mean you could owe US sales tax even without a physical presence.
  With thousands of different rates and rules across the US, it can be near impossible to work out what you owe and where.
  It’s essential to understand Nexus and how to manage US sales tax. Watch our webinar and let the experts walk you through it.
  Watch webinar now
  Understand Nexus laws
  Watching our webinar will help yo
  
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• Sainsbury’s teams up with Costa to open cafes in UK supermarkets

  21-02-2024 10:55 via retailgazette.co.uk
  
  Sainsbury’s is joining forces with Costa Coffee to launch new café experiences for shoppers across the UK.
  The coffee chain is set to invest more than £3m to open 11 cafés in Sainsbury’s stores during 2024, featuring a new modern design.
  The move is set to create over 100 new jobs with training opportunities available for team members, said Costa.
  The first café opened earlier this month in Sainsbury’s Farlington superstore in Portsmouth, creating nin
  
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• Roundtable: Focus on Optimisation in hard times: a retailer’s journey

  21-02-2024 10:41 via retailgazette.co.uk
  
  Competitive pressure in retail has never been keener, so efficiency and optimisation are the watchwords for 2024. But optimisation is so much more than just cutting costs, it is the key to optimum availability and planning, the perfect inventory scheduling and the key to cutting waste and meeting sustainability targets.
  If that wasn’t enough, it also underpins how this all fits into supply chain management, promotion planning and managing those crucial relationships with suppliers.
  Sweden&
  
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• Aldi to create 5,500 new jobs this year

  21-02-2024 09:33 via theretailbulletin.com
  
  Aldi has announced plans to create 5,500 new roles across the UK this year. The supermarket will be seeking to recruit for a variety of positions... View Article
  
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• Aldi to create 5,500 new jobs in 2024

  21-02-2024 09:11 via retailgazette.co.uk
  
  Aldi will create 5,500 new jobs this year as it plans to “continue growing at speed throughout 2024”.
  The discounter said it was hiring at its head office, across its 11 regional distribution centres and for store assistants, managers and cleaners at the new stores opening this year.
  The recruitment drive forms part of the supermarket’s £1.4bn investment commitment over the next two years in supporting its growth ambitions.Subscribe to Retail Gazette for free
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• Costa Coffee and Sainsbury’s join forces on new cafe experience

  21-02-2024 09:02 via theretailbulletin.com
  
  Costa Coffee and Sainsbury’s are teaming up to launch 11 new cafes in Sainsbury’s supermarkets this year. With an investment exceeding £3 million, the new coffee... View Article
  
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• Currys’ largest shareholder warns of ‘problem’ in UK stock market

  21-02-2024 08:45 via retailgazette.co.uk
  
  Currys’ largest shareholder has supported the board’s decision to reject an initial takeover offer from Elliott Advisors, claiming the offer “highlighted a wider problem with the UK equity market”.
  Redwheel, which owns 14.6% of shares, said it was in “complete agreement” with the board over its decision to reject the £700m bid from the Waterstones owner last week.
  It agreed that Currys was “worth substantially more” than the book shop owners
  
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• Angling Direct hails ‘robust’ sales as it continues to grow market share

  21-02-2024 08:34 via theretailbulletin.com
  
  Angling Direct has posted a 10.2% increase in full-year revenue to £81.7 million despite a “challenging consumer landscape” and disruption to fishing caused by storms in... View Article
  
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• Tesco rolls out Clubcard unit pricing amid fears of misleading shoppers

  21-02-2024 08:28 via retailgazette.co.uk
  
  Tesco will update how it displays Clubcard prices following criticism from consumer group Which? that claimed the promotions made it difficult for shoppers to spot the best deals.
  The supermarket giant said it will update the prices on its shelves in the coming weeks to allow customers to see the unit pricing of products sold under its loyalty scheme.
  Previously, Tesco had only provided the unit price for products sold without Clubcard promotions.
  However, consumer group Which? claimed it was &l
  
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• Ocado to offer ‘fine dining’ frozen ready meals for pets

  21-02-2024 08:20 via theretailbulletin.com
  
  Ocado is to begin offering a range of premium frozen ready meals for pets through a partnership with pet food brand Ted’s Bowls. The dishes will... View Article
  
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• Atria Watford to welcome host of new stores

  21-02-2024 08:00 via theretailbulletin.com
  
  Atria Watford is to welcome four new retailers to its line-up this year. These will include B&M and Choice Discount as well as a combined store... View Article
  
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• Brad Banducci’s exit may signify a new era for supermarkets – but public trust still has a long way to go | Allan Fels

  21-02-2024 02:53
  
  If Woolworths and Coles want to improve their reputation during this cost-of-living crisis, they need to explain their price risesWednesday’s announcement that Brad Banducci will resign as chief executive of Woolworths was undoubtedly triggered by his disastrous walkout from a Four Corners interview – a failure in public relations 101. It also follows the supermarket’s mishandling of its decision not to carry Australia Day goods and products.From a business perspective, Banducc
  
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• Woolworths CEO quits as supermarket giant increases half-year profit to almost $1bn

  21-02-2024 00:27
  
  Chief executive Brad Banducci’s unexpected resignation comes as political pressure mounts over increased profits during cost-of-living crisisFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastWoolworths chief executive Brad Banducci has resigned after almost nine years heading Australia’s biggest supermarket chain, as political pressure mounts over the company’s expanding profits at the same time as sho
  
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