Retail news

• America’s long consumer boom begins to falter

  02-08-2024 19:47
  
  Since the pandemic, consumer spending has remained strong. But three months before the election, there are signs that demand is weakening
  
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• Dr. Martens steps into comfort with New Ambassador Leather Collection

  02-08-2024 19:18 via theretailbulletin.com
  
  In an exciting evolution of its iconic brand, Dr. Martens has unveiled the Ambassador Leather collection, redefining its classic silhouettes with a premium tumbled leather. Known... View Article
  
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• Crew Clothing sues ex-boss over £600,000 bonus

  02-08-2024 17:19 via retailgazette.co.uk
  
  Crew Clothing is suing former chief executive David Butler over claims he paid himself more than £622,000 in bonuses and other awards that were never signed off.
  The fashion retailer has filed a lawsuit against Butler just 16 months after he stepped down following a failed buyout attempt, The Telegraph reported.
  Crew Clothing accused Butler of telling its head of HR Rupert Hay that the retailer’s owner Menoshi “Michael” Shina had agreed to pay him hundreds of thousands of
  
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• Morrisons and GenM are transforming the way women shop for the Menopause

  02-08-2024 17:01 via theretailbulletin.com
  
  Morrisons, in collaboration with GenM – the menopause partner for brands and home of the MTick – is proud to announce the launch of menopause-friendly sections... View Article
  
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• Warm Septembers lead Iceland to delay launch of autumn foods

  02-08-2024 16:47
  
  Supermarket says unpredictable weather makes planning difficult but other grocers stick to scheduleThe budget grocery chain Iceland is to delay launching its autumn range, including an expanded choice of pies and pastries, this year in response to increasingly warm September weather.Richard Walker, the executive chair of the Deeside-based retailer, said Iceland had decided to push back its seasonal shift towards increasing the range of pies, pastries and other cool-weather favourites available i
  
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• Ocado raises refinancing target to £700m due to strong demand

  02-08-2024 16:25 via retailgazette.co.uk
  
  Ocado has raised its funding target to £700m due to “strong demand”.
  The grocery technology giant said on Tuesday it was looking to raise £600m through new bonds to finance a tender offer of its existing bonds that are due next year.
  However, it announced today (2 August) hat “due to stong demand”, it had upsized its originally anticipated £350m offer of sterling-denominated senior unsecured notes due 2029 to £450m. Related StoryOcado narrows losse
  
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• Hotel Chocolat launches new Café collection in Yorkshire

  02-08-2024 16:20 via theretailbulletin.com
  
  Hotel Chocolat, the luxury cacao grower and chocolatier, has unveiled its new bakes and savouries collection at its key North Yorkshire and West Yorkshire stores, including... View Article
  
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• TikTok Shop to raise UK seller fees in bid to build ‘marketplace of the future’

  02-08-2024 16:05 via retailgazette.co.uk
  
  TikTok Shop is raising its seller base commission fees in the UK from 5% to 9% from 2 September.
  The changes come as the platform focuses on building the “marketplace of the future” by prioritising live commerce and shoppable content.
  TikTok Shop is also introducing a “seller missions” programme, enabling UK sellers to reduce their fees if they create a “target number of TikTok live or shoppable videos”, Retail Week reported.
  As part of the scheme, sellers can
  
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• Tesco more than doubles size of new online marketplace

  02-08-2024 16:04 via retailgazette.co.uk
  
  Tesco has more than doubled the number of products available from third-party sellers on its new online marketplace in less than two months.
  Customers can now shop from over 20,000 SKUs across garden, DIY, homeware, toys, sports, baby, beauty and petcare, The Grocer reported.
  The UK’s biggest supermarket chain launched a new marketplace at the beginning of June, listing products from external sellers who fulfil orders directly to customers. Related StoryWill Tesco Marketplace work second t
  
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• Morrisons to ramp-up More loyalty scheme next month

  02-08-2024 14:32 via retailgazette.co.uk
  
  Morrisons is planning to revamp its More loyalty scheme in September as part of its turnaround efforts led by chief executive Rami Baitiéh.
  The free membership scheme, which relaunched last year after the supermarket opted for a cardless rewards in 2021, is a major part of the new CEO’s recovery plan.
  Baitiéh is understood to have informed suppliers that investment into the loyalty programme will include a major expansion of exclusive member pricing, The Grocer reported. Rela
  
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• July retail footfall hit by election uncertainty and summer holidays

  02-08-2024 13:14 via retailgazette.co.uk
  
  Retail footfall fell for the twelfth consecutive month in July as summer holidays and election uncertainty weighed on consumer spend.
  Total UK shopper visitors dropped 3.3% last month, up from a decline of 2.3% in June, the British Retail Consortium (BRC) reported.
  Shopping centre’s were the hardest hit destinations, falling another 3.9% in July, down from -3.9% the month before.
  High Street footfall decreased 2.7%, up from the -3.1% in June, while retail park visitor numbers slipped
  
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• Insights with Andy Bass: The heritage and trust behind Murray Uniforms

  02-08-2024 13:09 via theretailbulletin.com
  
  This is the first of a three-part interview series with Andy Bass, Business Development & ESG Director at Murray Uniforms. In Chapter 1, we dive into... View Article
  
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• Majestic John Colley

  02-08-2024 13:00 via retailgazette.co.uk
  
  In Retail Gazette’s latest content series, we get inside the mind of retail’s most senior leaders to find out what makes them tick. We speak with Majestic CEO John Colley.Tell us about your morning routine.
  I get up around 6-6.30am. If I have time or my schedule permits, I will do a turbo trainer (my racing bike on a machine) and virtually ride for 45 minutes to an hour. I usually pick an exotic place – my latest is Japan riding up a hill through cherry blossom! I try to do at
  
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• Morrisons removes incorrect ‘made from scratch’ in-store bakery signs

  02-08-2024 12:13 via retailgazette.co.uk
  
  Morrisons is removing its in-store bakery signage after admitting its “made from scratch” claim was incorrect.
  The supermarket chain has “advised all stores” to take down the signs after Real Bread Campaign filed a trading standards complaint about them in June.
  Real Bread Campaign claimed Morrisons, which sells products made by third parties and rebaked in stores, was “failing to tell shoppers which bakery products were manufactured elsewhere” Related StoryMo
  
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• Just for Pets owner acquires Pets & Friends

  02-08-2024 11:39 via theretailbulletin.com
  
  PSR Trading, the owner of Just for Pets, has acquired Pets & Friends from Kennelpak for an undisclosed fee. The purchase includes Pets & Friends’ 19... View Article
  
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• P.Louise makes record-breaking £1.5 million in 12 hours on TikTok Shop LIVE

  02-08-2024 11:12 via theretailbulletin.com
  
  Beauty brand P.Louise has broken records for the most revenue generated on TikTok Shop by a UK brand with over £1.5 million earned in just 12 hours.... View Article
  
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• JD Sports becomes first global retail partner for Nike Connected Membership

  02-08-2024 11:12 via theretailbulletin.com
  
  JD Sports has extended its retail partnership with Nike Connected Membership to the US in a move which makes it Nike’s first global partner for the... View Article
  
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• Yodel secures £85m funding to support strategic growth

  02-08-2024 10:28 via retailgazette.co.uk
  
  Yodel has secured an £85m funding deal to spearhead growth under its new ownership structure.
  The parcel delivery group, which was previously owned by the Barclay family and narrowly avoided collapse in February, said the investment will enable it to further automate and modernise the business over the next three years.
  This includes initiatives that will be rolled out in response to the acceleration of consumer Out of Home (OOH) deliveries and a material increase in parcel volumes through
  
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• Network Rail retail sales climb by 12.6% across its station portfolio

  02-08-2024 10:16 via theretailbulletin.com
  
  Network Rail has seen like-for-like retail sales rise by 12.6% across its retail portfolio of 19 managed stations in its fourth quarter. From January to March,... View Article
  
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• JD Sports and Nike extend connected loyalty scheme to the US

  02-08-2024 10:15 via retailgazette.co.uk
  
  JD Sports has become Nike’s first global partner for its Nike Connected Membership as both sporting giant’s launch the programme in the US.
  The programme, which launched in the UK in 2022, will allow the retailer’s US customers to select Nike member-only footwear and apparel when they link their JD Status accounts with the sporting giant’s programme.
  By linking the two accounts, JD Sports and Nike customers can unlock an instant reward bonus, curated collections and early
  
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• 7 Marketing Psychology Tricks to Drive Sales This Summer

  02-08-2024 10:00 via theretailbulletin.com
  
  Ever browsed online stores with the intention of just “window shopping,” only to find yourself clicking “buy now” on an item that wasn’t even on your... View Article
  
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• John Lewis reshapes buying and merchandising teams in transformation drive

  02-08-2024 09:47 via retailgazette.co.uk
  
  John Lewis will restructure its buying and merchandising teams as part of its transformation programme led by CEO Peter Ruis.
  Changes at the retailer will include the addition of 48 new roles, though consultations about the future of 20 other positions are underway, Retail Week reported.
  The business is looking to re-establish individual buying and merchandising leadership positions across its fashion and home departments.
  A John Lewis spokesperson told the title: “As we look to turbocharg
  
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• Morrisons raises freezer temperatures in drive to net zero

  02-08-2024 09:41 via theretailbulletin.com
  
  Morrisons has announced that it has become the first UK retailer to take action with the Move to -15°C Coalition which aims to reset frozen food... View Article
  
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• John Lewis launches first pre-loved range of designer handbags online

  02-08-2024 09:41 via theretailbulletin.com
  
  John Lewis has launched its first pre-loved range of designer handbags online and also expanded its second-hand jewellery range. Sourced by Sign of the Times, the... View Article
  
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• B&Q partners with Deliveroo for on-demand delivery in London

  02-08-2024 09:41 via theretailbulletin.com
  
  B&Q has teamed up with Deliveroo to offer Londoners access to on-demand delivery of over 600 DIY products from their nearest B&Q Local store in as... View Article
  
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• Aldi trials removal of pulp trays and punnets from fruit and vegetable lines

  02-08-2024 09:41 via theretailbulletin.com
  
  Aldi is trialling the removal of pulp trays and punnets from the packaging of some of its fruit and vegetables. The supermarket said the changes could... View Article
  
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• B&Q launches robot delivery trial for DIY supplies

  02-08-2024 09:18 via retailgazette.co.uk
  
  B&Q is offering a new trial in Milton Keynes, Buckinghamshire, where shoppers can receive DIY supplies via robot.
  The home improvement retailer is piloting the delivery service in partnership with courier DPD, with a fleet of autonomous robots being used to bring smaller parcels directly to customers’ doors.
  Shoppers will be informed in advance if their order is set to be delivered by robot and after confirming their availability, the robot will be disptached.
  The deliveries can be tra
  
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• [ GUIDE ] 7 Marketing Psychology Tricks to Drive Sales This Summer

  02-08-2024 09:12 via theretailbulletin.com
  Ever browsed online stores with the intention of just “window shopping,” only to find yourself clicking “buy now” on an item that wasn’t even on your... View Article
  
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• Amazon sales come up short as consumers trade down

  02-08-2024 09:08 via retailgazette.co.uk
  
  Amazon sales have fallen short of analyst forecasts for both the current quarter and the next as cautious consumers seek out cheaper products.
  For the second quarter ending June 30, 2024, the ecommerce giant’s net sales rose 10% year-over-year to $148bn.
  Online stores sales rose 5% in the second quarter to $55.4bn, compared with a 7% gain in the first quarter.
  Sales in North America were up 9% to $90bn, while sales in international markets, which includes Europe, grew 7% year-over-year to
  
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• Morrisons raises freezer temperatures to cut energy costs and carbon

  02-08-2024 08:46 via retailgazette.co.uk
  
  Morrisons is experimenting with raising its freezer temperatures by 3°C, becoming the first UK supermarket to break from a long-standing industry norm in a bid to reduce energy consumption and costs.
  The supermarket retailer is adjusting the temperature in freezers at 10 of its stores, increasing it from the standard -18°C to -15°C. This industry standard has been in place for nearly a century.
  The trial stores are spread across the UK, from Scotland to the south of England, allowin
  
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• Shein: London Stock Exchange CEO denies lowering standards to secure IPO

  02-08-2024 08:35 via retailgazette.co.uk
  
  The head of the London Stock Exchange Group (LSEG) has dismissed allegations that the exchange relaxed its criteria to secure Shein’s potential £50bn IPO in London.
  The Chinese fast fashion giant which is headquartered in Singapore, has faced criticism from labour rights activists over the opacity of its supply chain and allegations that its suppliers engaged in forced labour involving Uyghurs in China’s Xinjiang region.
  Initially planning to list in New York, Shein’s amb
  
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• Morrisons trials raising temperature of its freezers to save energy and money

  02-08-2024 08:00
  
  Ten stores will raise freezer temperatures by 3C to -15C amid pressure for move away from long-held industry standardMorrisons is testing out raising the temperature of its freezers by 3C in the first move by a UK supermarket to depart from a long-held industry standard, in order to save energy and money.The Bradford-based chain said it would increase the temperature on appliances in 10 of its stores to -15C from -18C, the industry standard set almost 100 years ago and left unchanged. Continue r
  
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• JD Sports global MD: The new store blueprint driving soaring sales

  02-08-2024 07:53 via retailgazette.co.uk
  
  JD Sports has revealed its revamped store at Westfield Stratford now has the highest turnover and footfall across its global portfolio as it called the UK market “the blueprint of omnichannel innovation and store design for the group worldwide”.
  While many retailers face a challenging trading environment and are closing stores, JD Sports is bucking this trend and placing a bold bet on expanding – and improving – its physical footprint. In fact, when CEO Régis Schul
  
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