Retail news

• House of Fraser store count halves over past year after Cabot Circus closure

  13-08-2024 18:46 via retailgazette.co.uk
  
  The number of remaining House of Fraser stores in the UK has halved over the past year following the closure of its Cabot Circus branch in Bristol last week.
  The Mike Ashley-owned department store chain has just 15 shops remaining – a steep drop from the 31 stores it had as of April last year and the 59 when it acquired the business in 2018.
  The closure of the Cabot Circus store, which will M&S has taken over and plans to open next year, comes after the retailer’s Reading, Solihu
  
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• House of Fraser store count almost halves over past year after Cabot Circus closure

  13-08-2024 18:46 via retailgazette.co.uk
  
  The number of remaining House of Fraser stores in the UK has almost halved over the past year following the closure of its Cabot Circus branch in Bristol last week.
  The Mike Ashley-owned department store chain has just 15 shops remaining – a steep drop from the 31 stores it had as of April last year and the 59 when it acquired the business in 2018.
  The closure of the Cabot Circus store, which will M&S has taken over and plans to open next year, comes after the retailer’s Reading,
  
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• Owner of Avon in UK files for bankruptcy in attempt to off-load $1bn debt

  13-08-2024 16:46
  Avon Products Inc, subsidiary of Natura, says it does not have liquidity to solve 386 talc-related lawsuitsBusiness live – latest updatesThe owner of the beauty brand Avon in the UK, Europe and Latin America has filed for bankruptcy as it tries to off-load more than $1bn of debt, including millions of dollars in liabilities linked to lawsuits alleging that talc in its products caused cancer.Avon Products Inc (API), a subsidiary of Brazil’s Natura which bought Avon’s non-North A
  
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• Home Depot cuts sales outlook as consumer spending weakens

  13-08-2024 15:34
  
  US hardware retailer says customers are becoming more uneasy about the economy
  
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• John Lewis restructures shop floor teams in customer service push

  13-08-2024 15:00 via retailgazette.co.uk
  
  John Lewis is planning to increase the amount of staff working on its shop floor as it unveils a multi-million pound investment into store technology.
  The department store told staff today (13 August) that it was making changes to their roles and realigning its staffing needs to “best meet customer demand”, however, this will result in a proposed 153 fewer roles – approximately 1% of its workforce.
  The retailer hopes this will be met through natural attrition and a voluntary re
  
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• Exclusive: John Lewis restructures shop floor teams in customer service push

  13-08-2024 15:00 via retailgazette.co.uk
  
  John Lewis is planning to increase the amount of staff working on its shop floor as it unveils a multi-million pound investment into store technology.
  The department store told staff today (13 August) that it was making changes to their roles and realigning its staffing needs to “best meet customer demand”, however, this will result in a proposed 153 fewer roles – approximately 1% of its workforce.
  The retailer hopes this will be met through natural attrition and a voluntary re
  
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• Watch: Primark debuts US campaign to woo shoppers across the pond

  13-08-2024 12:16 via retailgazette.co.uk
  
  Primark has launched its first US brand campaign as it continues its store expansion across the pond.
  Titled ‘That’s So Primark’, the fashion retailer is introducing itself to American consumers and “inviting them to fall in love” with its value, quality and style.
  The retailer, which is targeting up to 60 US stores, said the campaign is a natural extension of its new global creative platform, designed to educate Americans on what it means to be ‘so Prima
  
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• Ensuring workplace safety with the right gear

  13-08-2024 11:03 via theretailbulletin.com
  
  In the fast-paced environment of the retail industry, ensuring workplace safety is paramount. Understanding the importance of using appropriate safety equipment can prevent accidents and enhance... View Article
  
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• Amazon teams up with Barclays to launch new credit card

  13-08-2024 10:42 via retailgazette.co.uk
  
  Amazon has teamed up with Barclays to launch a co-branded credit card that rewards users for their everyday spending.
  Amazon Barclaycard customers can earn 1% rewards on purchases made on the site and 0.5% rewards on all other spending for the first six months.
  Prime members can also benefit from an additional 2% back from Amazon spending during the online giant’s designated shopping events, such as Cyber Monday, and Prime Day.
  The card comes with no annual fee, with shoppers currently rec
  
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• Grocery price inflation in Great Britain rises for first time in 17 months

  13-08-2024 10:04
  
  Shoppers turn to supermarket promotions as they come under pressure from price risesBusiness live – latest updatesShoppers in Great Britain have faced increased pressure on their budgets in recent weeks after grocery price inflation rose for the first time since March last year, returning to the rate before the cost of living crisis.Supermarket prices were 1.8% higher than a year ago in the four weeks to 4 August, up slightly from 1.6% in July, according to the retail analysts Kantar. This
  
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• Frasers Group non-executive director steps down

  13-08-2024 10:01 via theretailbulletin.com
  
  Sports Direct owner Frasers Group has announced that its non-executive director David Brayshaw has retired from its board after nearly eight years of service.    Prior to... View Article
  
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• Data: Sainsbury’s makes biggest market share gain since 1997 as Asda sales plummet

  13-08-2024 09:53 via retailgazette.co.uk
  
  Sainsbury’s recorded its biggest market share gain since 1997 in last quarter as Asda’s sales plummet.
  According to fresh data from Kantar, Sainsbury’s market share jumped from 14.8% last year to 15.3% for the 12 weeks to 4 August, as it maintained its streak of being the fastest growing traditional supermarket. Its sales rose 5.2% over the period.
  Meanwhile, Asda sales plunged 6%, as its market share fell from 13.7% to 12.6%, the market research firm reported.
  Across the wider
  
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• Pandora UK sales nudge up despite ‘sluggish’ consumer spending

  13-08-2024 09:29 via retailgazette.co.uk
  
  Pandora’s UK sales marginally rose in its second quarter, as the jeweller benefitted from an increase in traffic during the period.
  Revenues nudged up 1% to £79.4m from £75.1m last year.
  The jewellery giant noted its UK performance remained ahead of the market, which it said was being impacted by dampened consumer sentiment.
  It also attributed a rise in traffic during the quarter to the “improving strength of the Pandora brand despite the tough consumer backdrop”.
  A
  
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• Primark launches first US brand campaign

  13-08-2024 08:41 via theretailbulletin.com
  
  Primark has launched its first brand campaign in the US as it works towards a target of having 60 stores in the country. The fashion retailer... View Article
  
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• Fortnum & Mason introduces new coffee to go and ice cream counter

  13-08-2024 08:30 via theretailbulletin.com
  
  Fortnum & Mason has launched a new takeaway coffee service at its flagship store in London’s Piccadilly. Open seven days a week, the coffee counter in... View Article
  
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• Primark launches first brand campaign in the US

  13-08-2024 08:19 via theretailbulletin.com
  
  Primark has launched its first brand campaign in the US as it works towards a target of having 60 stores in the country. The fashion retailer... View Article
  
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• Chantecaille expands global presence with Tmall

  13-08-2024 08:19 via theretailbulletin.com
  
  The Chantecaille luxury skincare and cosmetics brand is expanding in Asia through  a new domestic partnership with Tmall, China’s leading online retail platform. In a statement,... View Article
  
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