Retail news

• Sainsbury’s signs new deal to ‘transform shopping experience’ using AI

  05-08-2024 17:38 via retailgazette.co.uk
  
  Sainsbury’s has signed a seven-year agreement with NCR Voyix, a digital commerce solutions firm, “to help transform its shopping experience and support its Next Level Sainsbury’s business strategy”.
  The deal, which expands the supermarket’s more than 20-year strategic partnership with the firm, will see Sainsbury’s roll out its checkout technology, point of sale solutions and self-checkout systems to 22,500 checkouts.
  The grocer said it “will be able to
  
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• John Lewis calls for tax breaks and red tape cuts to boost housing development

  05-08-2024 17:17 via retailgazette.co.uk
  
  John Lewis has called on Chancellor Rachel Reeves to introduce tax breaks for developers that start building immediately.
  Writing in The Telegraph, Katherine Russell, the director of build-to-rent at the John Lewis Partnership, said the Chancellor “should look at tax incentives… where a developer commits to building right away”.
  She also asked the Government to cut red tape for builders to help the industry meet Labour’s goal of building 1.5m new homes over this parliame
  
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• Nudea announces partnership with PNZ Group

  05-08-2024 16:47 via theretailbulletin.com
  
  B Corp certified underwear brand, Nudea, has partnered with Powering Net Zero (PNZ) Group to offset the brand’s 2023 carbon footprint. By purchasing PNZ Group’s transparent, UK-generated carbon... View Article
  
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• Gok Wan partners with one of the UK’s leading midlife fashion brands

  05-08-2024 16:47 via theretailbulletin.com
  
  As JD Williams continues to take a stand against the ‘invisibility’ of midlife women, Gok Wan has now become the inclusive fashion retailer’s new brand ambassador.... View Article
  
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• Gymshark names fitness influencer Whitney Simmons as creative director for Adapt line

  05-08-2024 16:37 via retailgazette.co.uk
  
  Gymshark has named Whitney Simmons as its first creative director for its Adapt range, which focuses on “comfy seamless designs”.
  The gymwear giant called Simmons “one of the most recognisable and inspirational fitness athletes and influencers in the world,” with the creator boasting over 4m followers on Instagram.
  She has been a partner to Gymshark for eight years and brought out five collections in that time.
  In her role, she will work closely with the brand’s pro
  
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• Frasers Group in talks with Authentic Brands to run their brands in Europe

  05-08-2024 16:32 via retailgazette.co.uk
  
  Frasers Group is said to be in talks with Authentic Brands Group (ABG) about a potential partnership.
  The move could see the Sports Direct owner become the operating partner in the UK and Europe for brands in Authentic’s portfolio including Reebok, Hunter, Forever 21 and Juicy Couture, Drapers reported.
  ABG owns over 50 global brands including David Beckham, Hunter, Ted Baker, Reebok and Forever 21, which are licensed out to different suppliers by market or category. Related StoryFrasers G
  
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• Data-Driven Retail: Maximising POS Potential

  05-08-2024 13:01 via theretailbulletin.com
  
  Retailers are always seeking ways to improve customer experiences and boost sales. The Zucchetti UK report, “The Resilience of High-Street Retail: Uncovering Consumers’ Preferences for Shopping... View Article
  
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• Ranking: The UK’s 10 most appealing high streets

  05-08-2024 11:22 via retailgazette.co.uk
  
  New research from American Express and retail experts at GlobalData has revealed the UK’s best high streets.
  The study, which surveyed 2,000 consumers across Britain to pinpoint what they believe makes for a great high street, was then combined with in-depth analysis to identify the locations with the winning formula.
  Factors such as an attractive mix of retailers topped shoppers’ wish list (67%), with good parking a close second (62%).
  The research found that customer also prize ind
  
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• Victoria’s Secret to reopen Westfield Stratford store this autumn

  05-08-2024 10:55 via retailgazette.co.uk
  
  Victoria’s Secret is set to open its new Westfield Stratford City store in London this autumn after shuttering its existing location back in 2020.
  The lingerie retailer first launched in Westfield Stratford back in 2012 but closed the location along with a flurry of other sites in a bid to reduce costs as US retailer’s UK arm fell into administration in June 2020.
  In September of 2020, Next signed a joint venture deal for Victoria’s Secret’s UK business saving over 500 jo
  
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• Knoops appoints new non-executive directors as it looks ahead to international growth

  05-08-2024 10:54 via theretailbulletin.com
  
  Knoops, the chocolate drinks retailer, has appointed Julian Metcalfe and Alice Avis as non-executive directors as it looks ahead to growth and international expansion in the... View Article
  
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• Asos shares fall as it proposes new executive pay plan

  05-08-2024 09:57 via retailgazette.co.uk
  
  Asos’ share price has fallen after it proposed changes to its remuneration policy, which it said better aligns with its “ambitious growth plans”.
  The fashion retailer, which is looking to reverse its widening losses, has called a general meeting on 20 August to discuss replacing its long term incentive scheme with a value creation plan.
  Shares in the company fell from £3.58 to £3.41-per-share in the aftermath of Friday’s announcement.
  Asos told shareholders th
  
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• Primark expands further in US with second lease signing in Tennessee

  05-08-2024 09:46 via theretailbulletin.com
  
  Primark is continuing its US expansion with the signing of a lease for a second store in the state of Tennessee. After previously announcing that it... View Article
  
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• Preparing for Peak: What retailers need to do to get ahead

  05-08-2024 09:46 via theretailbulletin.com
  
  With the busy holiday season approaching, preparation is key for retailers aiming to excel. PMC, a leading technology services provider for the retail sector with over... View Article
  
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• Morrisons opens UK’s largest fish freezing centre at Falfish site in Cornwall

  05-08-2024 09:46 via theretailbulletin.com
  
  Morrisons food manufacturing supplier Myton Food Group has opened the largest fish freezing site in the UK at the Cornish fishing business Falfish. The £12.8 million... View Article
  
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• H&M collaborates on new collection with Ev Bravado and Téla D’Amore

  05-08-2024 09:46 via theretailbulletin.com
  
  H&M has teamed up with New York-based fashion designers Ev Bravado and Téla D’Amore on a 30-piece collection featuring Jean-Michel Basquiat’s works. Available online and in... View Article
  
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• Comment: Ramifications of work-from-home

  05-08-2024 09:46 via theretailbulletin.com
  
  Much has returned to normal since Covid-19 brought about death and disruption but one thing that continues to have a serious impact is the flexible working... View Article
  
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• Alo Yoga opens flagship store in London’s Regent Street

  05-08-2024 09:46 via theretailbulletin.com
  
  Alo Yoga has opened a 10,000 square foot flagship store on London’s Regent Street. The move follows the success of the US luxury activewear brand’s first UK... View Article
  
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• Seasalt sales and profits surge boosted by new store openings

  05-08-2024 09:10 via retailgazette.co.uk
  
  Seasalt has hailed another “record-breaking” year as sales were boosted by the fashion retailer’s UK and Ireland store expansion.
  The Cornwall-inspired clothing chain posted a pre-tax profit of £6.8m in the year to 27 January, up from £470,681 the year before when it experienced a “significant” hike in inbound freight and container rates impacted its margins.
  Sales jumped 12% to £132.6m, which it attributed to a 10% increase in store sales during t
  
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