Retail news

• Pubs the underdogs in fight for Euro 2024 customers

  12-07-2024 20:05
  
  Grocery chains cash in as research suggests eight in 10 fans plan to watch the football final at home
  
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• Carpetright on brink of collapse as retailer seeks buyer

  12-07-2024 18:05
  
  UK carpet brand with nearly 2,000 staff set to appoint administrators after data hack
  
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• Carpetright on brink of collapse with 1,800 jobs at risk

  12-07-2024 16:54
  
  Flooring retailer files notice of intention to appoint administrators as it works to secure fresh investmentCarpetright, one of the UK’s biggest flooring retailers, has filed a notice of intention to appoint an administrator, putting 1,800 jobs at risk as it races to secure extra funding.The company filed the notice with the high court to appoint administrators while it worked to finalise new investment to protect its long-term future. Continue reading...
  
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• The Perfume Shop implements further financial wellbeing support for employees

  12-07-2024 14:00 via theretailbulletin.com
  
  The Perfume Shop, the UK’s largest fragrance retailer, has introduced its latest financial wellbeing initiative for employees, making 2023/2024 its biggest year yet for employee financial... View Article
  
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• Clacton Nisa stores raise over £17,000 for community projects

  12-07-2024 14:00 via theretailbulletin.com
  
  Community retailers Dollar and Meena Patel have donated £400 through Making a Difference Locally (MADL) to St Osyth Parish Council to support community projects in the... View Article
  
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• Bensons for Beds launches ‘Sleep Calm and Carry On’ to combat ‘Tangry’ behavior

  12-07-2024 14:00 via theretailbulletin.com
  
  Bensons for Beds has introduced an exclusive 6-part programme, ‘Sleep Calm and Carry On,’ aimed at helping Brits manage their sleep better and combat the signs... View Article
  
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• Carpetright lines up administrators as sale talks continue

  12-07-2024 13:33 via retailgazette.co.uk
  
  Carpetright has filed a notice to appoint administrators in a move that could result in job losses and store closures.
  The flooring specialist said it was seeking a “period of protection” whilst it works to finalise additional investment to secure the long term future of the company.
  It blamed financial pressures following a software attack that disrupted trade in April and subsequently impacted plans to restructure on its decision to file the notice.
  Carpetright, which has 272 store
  
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• Clarks unveils Stranger Things collaboration

  12-07-2024 13:15 via theretailbulletin.com
  
  Clarks has announced an exciting new collaboration with Netflix’s Stranger Things, unveiling an epic kids’ collection that combines 80s nostalgia with modern style. The Clarks x... View Article
  
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• The Cotswold Company to launch 10th UK store in Stamford

  12-07-2024 12:49 via theretailbulletin.com
  
  The Cotswold Company is to open its tenth UK store in Stamford this September. Spanning 4,000 square feet, the shop will be the furniture and homeware... View Article
  
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• Secret Linen Store launches exclusive collection of organic cot & children’s bedding

  12-07-2024 12:49 via theretailbulletin.com
  
  B Corp certified luxury bed linen brand Secret Linen Store, has launched an exclusive new collection of organic and responsibly sourced cot and children’s bed linen.... View Article
  
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• Mercato Metropolitano opens in Ilford boosting local economy and culture

  12-07-2024 12:49 via theretailbulletin.com
  
  Mercato Metropolitano, London’s first sustainable community food market, has launched a new market in Ilford. This initiative aims to regenerate the local area and economy, marking... View Article
  
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• A.F. Blakemore celebrates success at 2024 SPAR Retail Show

  12-07-2024 12:49 via theretailbulletin.com
  
  A.F. Blakemore, one of the UK’s largest privately owned family businesses, retailer, and wholesaler for SPAR stores in Wales, Central, and South East England, held its... View Article
  
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• From Erewhon to Bayley & Sage, luxury grocers are back in fashion

  12-07-2024 12:00
  
  Natural food and drink emporia are growing in the affluent parts of Los Angeles and London
  
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• Superdry to exit from the London Stock Exchange next week

  12-07-2024 10:42 via retailgazette.co.uk
  
  Superdry will delist from the London Stock Exchange on Monday (15 July) as it begins work on its restructuring plan.
  The fashion retailer received approval from its creditors, shareholders and the court last month for its turnaround programme, which it said means it will now avoid insolvency.
  Superdry’s last day of trading on the main market is today and that it’s delisting as a public company will come into effect from 8am on Monday.
  From then, the company’s shares will then b
  
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• Decathlon launches new subsidiary to build, invest in and acquire new businesses

  12-07-2024 10:40 via retailgazette.co.uk
  
  Decathlon has launched a new subsidiary dedicated to identifying and developing new growth drivers.
  An independent entity within the French sporting specialist, named Decathlon Pulse, will explore new ways to expand the brand’s footprint and invest in innovative people and businesses that share its values.
  The retailer said the subsidiary will have the capability, means and agility to “explore new frontiers” and drive additional long-term growth.
  This will include building new
  
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• DFS bolsters board with Currys CFO appointment

  12-07-2024 10:32 via retailgazette.co.uk
  
  DFS Furniture has welcomed Currys CFO Bruce Marsh as its new independent non-executive director, effective from 1 August.
  Alongside serving in the role, the retail veteran will be appointed as a member of the furniture retailer’s audit committee, remuneration committee and nomination committee.
  Prior to working for Currys, Marsh held senior positions at Tesco, Kingfisher and Dixons Retail.
  The director is known for his successful delivery of large complex business transformations amid rapi
  
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• Uniqlo owner forecasts another record profit

  12-07-2024 10:14 via retailgazette.co.uk
  
  Uniqlo owner Fast Retailing has raised its profit outlook once again as its third-quarter operating profit surged 29%, reflecting strong growth in overseas sales despite an underwhelming performance in China.
  Profit rose to ¥144.7bn (£671.11m) in the three months to May 31, up from ¥112.5bn in the period the year before.
  The Japanese fashion group, which owns Uniqlo and Theory, said its full-year profit is forecast to rise 23% to ¥475bn (£2.27bn), after strong second-half
  
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• Lidl stores in England to open an hour later on day after 2024 Euros final

  12-07-2024 10:05 via theretailbulletin.com
  
  Lidl is to open its stores in England later than usual on the day after the nation’s football team plays in the final at the European... View Article
  
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• Decathlon launches new subsidiary to build, invest in and acquire innovative businesses

  12-07-2024 10:05 via theretailbulletin.com
  
  French sporting goods retailer Decathlon has launched a new subsidiary that will be dedicated to identifying and developing new growth drivers. An independent entity within the... View Article
  
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• Ted Baker sees former stores snapped up by retailers

  12-07-2024 09:44 via retailgazette.co.uk
  
  Ted Baker has seen several of its former stores taken over by other retailers following the fashion brand’s collapse earlier this year.
  The retailer’s former Brompton Road site in Knightsbridge, London, has been re-let to Alo Yoga, according to Drapers, with the clothing brand set to open its doors in September.
  In Oxford, Ted Baker’s old shop on Queen Street has been re-let to Søstrene Grene, with the store expected to open in late August.
  In June, Reiss set up sho
  
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• Amazon staff ‘yearning for change’ from union recognition ballot

  12-07-2024 09:37 via retailgazette.co.uk
  
  Amazon warehouse staff throughout the UK are reportedly “yearning for change,” as more than 3,000 workers at its Coventry site participate in a vote over trade union recognition.
  Speaking to Retail Week, a GMB union representative insisted there was an “appetite to make changes at Amazon in every fulfilment centre across the country”.
  The representative claimed: “Workers have been pushed to the edge in fulfilment centres.”
  “At the minute, we’re foc
  
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• JYSK to open Sheffield store this month

  12-07-2024 09:31 via theretailbulletin.com
  
  JYSK is to open a new store in Sheffield this month as it continues its UK expansion. The Danish furniture and homeware retailer has taken 950... View Article
  
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• Crew Clothing signs Jodie Burrage as brand ambassador

  12-07-2024 09:31 via theretailbulletin.com
  
  Crew Clothing Company has announced the appointment of British tennis player Jodie Burrage as an ambassador. A five times ITF Singles Title Holder, Burrage achieved a... View Article
  
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• Donald Tang: the master of reinvention brought in as Shein’s public face

  12-07-2024 06:00
  Executive whose rise on Wall Street won fame in his native China faces tough task at fashion group planning London IPO
  
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