Retail news

• Ted Baker’s remaining stores to close this week, putting 500 jobs at risk

  18-08-2024 18:21
  
  Troubled fashion retailer’s 31 shops to close five months after chain went into administrationFashion brand Ted Baker’s remaining 31 stores in the UK are to close this week, putting more than 500 jobs at risk.Started as a men’s clothing label in Glasgow in 1988 by entrepreneur Ray Kelvin and becoming known for its quirky advertising and floral prints, Ted Baker’s UK arm entered administration in March after racking up losses. Continue reading...
  
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• Wilko founding family under pressure to fill pension gap

  18-08-2024 14:19 via retailgazette.co.uk
  
  Wilko’s founding family is under fire after saying it had no plans to help plug the collapsed retailer’s £70m pension deficit.
  The discount chain, which went under a year ago, led to the closure of 400 stores and over 12,000 job losses.
  Despite Wilko’s £625m in debts, the founding Wilkinson family had withdrawn £77m in dividends over the past decade.
  The failure left its pension fund with a huge deficit, meaning over a thousand workers who are yet to retire fa
  
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• Tesco hands staff DNA ‘spit kits’ to combat customer assaults

  18-08-2024 14:04 via retailgazette.co.uk
  
  Tesco has given its delivery drivers DNA testing kits to help police trace abusive customers who spit at them in a bid to clamp down on staff assaults.
  Workers have been asked to report any assaults to police and the grocery giant’s security team, and to share DNA evidence with investigators, The Telegraph reported.
  The kits were first added to delivery vans during the pandemic, though sources told the title they have been in place for a few years, but had previously gone unreported. Rela
  
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