Retail news

• Asda axes in-store refillable trials, due to ‘challenging’ economics

  08-07-2024 16:16 via retailgazette.co.uk
  
  Asda has pulled the plug on its store trials of refillable product stations as the economics of the concept was “too challenging”.The grocery retailer had partnered with leading manufacturers in trials at four of its UK stores.It said had experienced “operational issues and commercial challenges” with its approach to refillables.
  “Our research showed that the key barriers which included cost, convenience, cleanliness, and perceived product quality have prevented cus
  
  Read more

• Superdrug hails strong year as profits hit £111 million

  08-07-2024 13:13 via theretailbulletin.com
  
  Superdrug has announced a significant uplift in both sales and profit for 2023 after trade was boosted by a strong retail store performance, increased sales volume... View Article
  
  Read more

• Amazon’s Coventry workers begin voting in historic union ballot

  08-07-2024 12:56
  
  More than 3,000 staff could get right to bargain collectively for rights and pay for the first timeBusiness live – latest updatesWorkers at Amazon’s Coventry warehouse have begun voting in a “historic” trade union recognition ballot that could allow UK employees of the online retailer to bargain collectively for rights and pay for the first time.More than 3,000 workers at the West Midlands hub will take part in the vote, which closes on Saturday, in a long-running battle
  
  Read more

• Victoria’s Secret to open new concept store in Glasgow

  08-07-2024 11:24 via retailgazette.co.uk
  
  Victoria’s Secret is set to open a new store concept in Glasgow Fort this autumn, which will offer “a refined shopping experience” centred around its lingerie, sleepwear, and beauty products.
  The new 5,620 sq ft lingerie store will be located near a host of major retailers, including Next, Zara, Mango, Rituals and Pandora.
  In 2023, Glasgow Fort welcomed a record-breaking 16 million visitors, reflecting its strong appeal to both consumers and retailers. Related StoryShein t
  
  Read more

• Advertisement

• Superdrug profit surpasses £100m as store sales soar

  08-07-2024 11:16 via retailgazette.co.uk
  
  Superdrug’s profit skyrocketed past £100m last year as customers flocked to its stores to snap up its member-only deals and own-brand products.
  Pre-tax profits soared 43% to £111.6m in the year to 30 December, up from £77.8m as sales rose 12% to £1.53bn, boosted by a 12.5% surge in store performance.
  Market share also grew for the third consecutive year rising to 10.6%, versus the 8.9% market share held in 2020, driven by strong retail store performance, increased s
  
  Read more

• WHSmith implements full Dayforce Suite for 10,000 UK employees

  08-07-2024 10:53 via theretailbulletin.com
  
  Dayforce, a global human capital management (HCM) leader that makes work life better, today announced that WHSmith, a leading global retailer for news, books, and convenience,... View Article
  
  Read more

• UK Amazon workers protest as vote for union recognition begins

  08-07-2024 10:19 via retailgazette.co.uk
  
  Amazon employees in the UK protested outside its warehouses this morning in a dispute over workers’ rights.
  Demonstrations took place outside seven of its distribution centres in North and South of England, Wales and Scotland from 6am to 8am.
  A separate rally outside the online giant’s London head office will see Trades Union Congress (TUC) Assistant General Secretary Kate Bell joined by the retailer’s workers and supporters at 5pm.
  The latest industrial action coincides with t
  
  Read more

• Timpson boss named new prisons minister

  08-07-2024 09:59 via retailgazette.co.uk
  
  Timpson CEO James Timpson has been named as the minister for prisons, parole and probation under the new Labour government.
  He has employed more than 600 former prisoners across the retailer’s branches throughout the UK.
  The retail boss previously served as chair of the Employers Forum for reducing re-offending until 2016, and was appointed as chair of the Prison Reform Trust later the same year.
  As part of the role, Timpson established an Employment Advisory Board network across the count
  
  Read more

• Advertisement

• Timpson boss named as new prisons minister

  08-07-2024 09:59 via retailgazette.co.uk
  
  Timpson CEO James Timpson has been named as the minister for prisons, parole and probation under the new Labour government.
  He has employed more than 600 former prisoners across the retailer’s branches throughout the UK.
  The retail boss previously served as chair of the Employers Forum for reducing re-offending until 2016, and was appointed as chair of the Prison Reform Trust later the same year.
  As part of the role, Timpson established an Employment Advisory Board network across the count
  
  Read more

• Wunderkind delivers personalisation glow-up for digital-first beauty brand ICONIC London, driving 6x uplift in last-click email revenue

  08-07-2024 09:47 via theretailbulletin.com
  
  Digital-first make-up brand, ICONIC London, has partnered with Wunderkind, the performance marketing solution that scales one-to-one messages for retailers, to grow its Direct-To-Consumer (DTC) capabilities and... View Article
  
  Read more

• Huddled Group takes 75% stake in Boop Beauty

  08-07-2024 09:47 via theretailbulletin.com
  
  Huddled Group has taken a 75% stake in Boop Beauty, the online retailer of surplus beauty and cosmetic products, as part of its strategy to build... View Article
  
  Read more

• Ocado unveils third customer fulfilment centre with Aeon

  08-07-2024 09:38 via retailgazette.co.uk
  
  Ocado and Japanese retailer Aeon are launching a third customer fulfilment centre (CFC) in Japan under their continued partnership.
  The new facility, which will be based in Kuki-Miyashiro, the Saitama prefecture of Japan, is set to open in 2027, and was unveiled as the retailer marked the first anniversary of its launch of its Aeon Next online grocery delivery brand.
  The business’s first CFC opened in July 2023 in Honda-cho, Midori-ku, Chiba-city, to serve customers across the Kanto region
  
  Read more

• Asda scraps plans for four day week

  08-07-2024 09:01 via theretailbulletin.com
  
  Asda has abandoned plans for a four day working week after staff said it left them feeling exhausted. The supermarket had introduced flexible working arrangements for... View Article
  
  Read more

• Ocado and AEON to construct third customer fulfilment centre in Japan

  08-07-2024 08:36 via theretailbulletin.com
  
  Ocado Group is expanding its partnership with the AEON supermarket in Japan through the construction of a third customer fulfilment centre in the country. The group... View Article
  
  Read more

• Burberry expected to cut hundreds of jobs

  08-07-2024 08:36 via theretailbulletin.com
  
  Luxury brand Burberry is expected to cut hundreds of jobs as part of a cost cutting exercise. According to The Telegraph, employees were informed of the... View Article
  
  Read more

• Shein tax loophole raised as concern by new business secretary

  08-07-2024 08:35 via retailgazette.co.uk
  
  New business secretary Jonathan Reynolds has voiced concerns over a tax “loophole” used by fast fashion retailer Shein.
  Speaking to Times Radio, the politician said if Shein committed to a London IPO, it would be expected to adhere to “ethical and moral targets [on] all business aspects”.
  Reynolds explained he would want to discuss the matter with the fast fashion giant if it was considering more business activity in the UK.
  The cabinet minister said: “When any comp
  
  Read more

• Business secretary voices concern over Shein tax loophole

  08-07-2024 08:35 via retailgazette.co.uk
  
  New business secretary Jonathan Reynolds has voiced concerns over a tax “loophole” used by fast fashion retailer Shein.
  Speaking to Times Radio, the politician said if Shein committed to a London IPO, it would be expected to adhere to “ethical and moral targets [on] all business aspects”.
  Reynolds explained he would want to discuss the matter with Shein if the retailer was considering more business activity in the UK.
  The cabinet minister said: “When any company is
  
  Read more

• Raye the Store takes three month residency at Wolf & Badger’s Soho store

  08-07-2024 08:02 via theretailbulletin.com
  
  Travelling retail concept Raye the Store has launched a summer concession at Wolf & Badger’s flagship store in London’s Soho. The company has invited a selection... View Article
  
  Read more

• US retailers paying premium to place big bets on holiday sales

  08-07-2024 07:52
  
  Shift in logistics forces importers to move shipments earlier in the year and drives up freight rates in the process
  
  Read more

• Protecting the future retail workforce: prioritising safety of young employees

  08-07-2024 07:07 via theretailbulletin.com
  
  By Naz Dossa – BSIA Chair of the Lone Worker Group and CEO at Peoplesafe Retail is the first paid job for many young people in... View Article
  
  Read more

• Independent fashion labels are struggling

  08-07-2024 06:00
  In a rocky, risk-averse retail landscape, diversification and caution have become key to survival
  
  Read more

• Luxury brands catch a break from holiday resort boutiques

  08-07-2024 05:00
  Seasonal pop-ups and concept stores look to lure wealthy customers in a relaxed mood and even attract new ones
  
  Read more

• High jewellery weathers the global uncertainty

  08-07-2024 05:00
  
  A youthful and increasingly diverse clientele seeking timeless, feelgood pieces is driving growth, as more brands enter the market
  
  Read more

• Direct sales put emerging jewellers in the spotlight

  08-07-2024 05:00
  Ecommerce can provide resilience in a rocky retail landscape but requires a clear strategy and a decent budget
  
  Read more

Follow @retailuknws on Twitter!