Retail news

• Luxury brand WOLF offers stylish back-to-school essentials for professionals

  21-08-2024 18:51 via theretailbulletin.com
  
  Protect your legacy in a WOLF. As the back-to-school frenzy kicks off, it’s not just students who can indulge in new purchases. WOLF, the luxury accessories... View Article
  
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• Oti Mabuse visits Sainsbury’s funded kids food and activity summer club

  21-08-2024 16:50 via theretailbulletin.com
  
  With the school holidays in full swing, Oti Mabuse visited Somerville Youth & Play Provision in South London to meet the children who are benefitting from... View Article
  
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• Asda owners under pressure as chain’s share of market hits ‘new nadir’

  21-08-2024 16:33
  
  Sales fell 6.4% in the three months to 10 August as chain becomes the only one of the big four to see sales dropBusiness live – latest updatesThe owners of Asda are facing mounting pressure after figures showed the struggling supermarket chain’s share of the grocery market reached a “new nadir” as sales fell sharply this summer.The grocer’s sales fell 6.4% in the three months to 10 August, equivalent to more than £2bn in lost revenues, as it became the only me
  
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• Data: Over 50% of online fashion retailers charge for postal returns

  21-08-2024 16:09 via retailgazette.co.uk
  
  Over half of the biggest online fashion retailers do not offer free postal returns, Which? has revealed.
  The consumer choice firm looked at the returns policies of the 20 biggest online fashion retailers, including Asos, Boohoo and Amazon and found that 12 do not offer free postal returns.
  The returns fees range from £1.99 to £3.99, with some fashion retailers having specific fees and processes for returning items, while others state it’s up to you to arrange and pay for postag
  
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• Target hails ‘remarkable’ consumer resilience as sales turn positive

  21-08-2024 15:41 via ft.com
  Earnings from big US retailers paint more nuanced picture of inflation-driven belt-tightening
  
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• Waitrose to open first new stores since 2018

  21-08-2024 14:12 via ft.com
  
  Upmarket supermarket chain will create up to 100 new convenience stores as part of £1bn investment
  
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• Walmart sells stake in Chinese ecommerce giant JD.com for $3.6bn

  21-08-2024 13:38 via ft.com
  US retailer focuses on expanding its stores and Sam’s Club warehouse outlets in the country
  
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• Boohoo allegations highlight ‘bleak’ outlook on UK supply chain rules

  21-08-2024 13:00 via ft.com
  Britain risks an emerging regulatory gap with the EU on supplier due diligence
  
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• As Aldi scraps click and collect, why are the discounters dodging ecommerce?

  21-08-2024 12:56 via retailgazette.co.uk
  
  In stark contrast to the majority of its rivals, Aldi scrapped the last of its online operations as it folded its click-and-collect service last weekend.
  The German discounter and rival Lidl have seemingly shunned ecommerce, as the traditional grocers invest more and more into it.
  For example, recently Morrisons has extended its partnership with Deliveroo to include its Daily convenience stores, Tesco has launched an online marketplace, and – despite wrangling over its final payment for th
  
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• In pictures: Waitrose unveils new store concept in North London

  21-08-2024 12:36 via retailgazette.co.uk
  
  Waitrose has opened the doors to its newly refurbished John Barnes supermarket in North London as part of a £1bn investment into revamping its store estate.
  The premium grocer has expanded its fresh produce department, upgraded its meat, fish and cheese service counters to include a dedicated parmesan section and a second dry aged beef cabinet, as well as installed its first-ever chilled wine department.
  The grocer has spotlighted the growing number of its third-party partners, with a Gail
  
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• Why Walmart’s JD.com investment had waning strategic value

  21-08-2024 12:07 via ft.com
  China’s ecommerce groups are losing their lustre as an investment
  
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• The Cotswold Company launches of delivery training academy and second delivery depot

  21-08-2024 11:31 via theretailbulletin.com
  
  The Cotswold Company furniture brand is strengthening its delivery offer through the launch of the Cotswold Home Delivery Training Academy and its second UK depot in... View Article
  
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• White Stuff partners with charity Create to tackle loneliness and isolation

  21-08-2024 11:10 via theretailbulletin.com
  
  White Stuff has embarked on a new charity partnership with the Create creative arts charity. According to the Office for National Statistics, almost four million UK... View Article
  
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• Wilko to make London return this Autumn

  21-08-2024 10:04 via retailgazette.co.uk
  
  Wilko is set to return to London this Autumn as the discount chain ramps up its expansion across the UK.
  The retailer’s seventh store will be located in The Pavilions Shopping Centre in Uxbridge, following previous openings in Exeter, Plymouth, Luton, Rotherham, St Albans and Poole.
  Customers will be able to shop from an extended range of health and beauty essentials, food, DIY, garden and homewares. Related StoryExclusive: Wilko owner eyes 300 stores in next five years16/08/2024 x 11:20 A
  
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• Tesco appoints former Costa Coffee senior executive as customer director

  21-08-2024 09:52 via theretailbulletin.com
  
  News has emerged that Tesco has appointed former Costa Coffee commercial, marketing and innovation director Becky Brock as its new customer director. Having joined the supermarket... View Article
  
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• Data: Asda lags behind as supermarket summer sales surge

  21-08-2024 09:30 via retailgazette.co.uk
  
  Warm weather and household buying ahead of summer holidays accelerated sales growth at UK supermarkets this month, although Asda continued to struggle, fresh data shows.
  Over the last 12 weeks, M&S and Ocado are still the fastest growing, reaping the rewards of households shopping more for summer treats, fresh foods and groceries, according to NIQ.
  Tesco, Sainsburys, discounter Lidl and Waitrose also gained market share but Asda lagged behind. Sales at the supermarket fell 6.4% and it lost 1
  
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• Angling Direct hails “robust” first half performance

  21-08-2024 09:24 via theretailbulletin.com
  
  Angling Direct has said it delivered a robust first half performance as it reported a 5.6% revenue increase to £45.8 million following the success of its... View Article
  
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• Ex-BHS directors ordered to pay £110m to creditors over trading failures

  21-08-2024 08:43 via retailgazette.co.uk
  
  Two former bosses of the collapsed department store chain BHS have been ordered to pay £110m to creditors in relation to breaching their corporate duties.
  The ruling against Dominic Chappell, the former chief executive of BHS whose Retail Acquisitions team bought the chain for £1 from Philip Green in 2015, and his former colleague Lennart Henningson comes eight years after the retailer collapsed into administration owing creditors, including its pension fund, more than
  
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• Waitrose to open 100 new convenience stores in £1bn expansion

  21-08-2024 08:30 via retailgazette.co.uk
  
  Waitrose is set to open 100 convenience stores over the next five years as part of a £1bn-plus investment in new outlets and shop refurbishments.
  The premium grocer is planning to open a revamped outlet in Finchley Road, north London today (21 August).
  This will launch a new phase of expansion with its first new store in six years, set to open in Hampton Hill, west London by the end of the year, The Guardian reported.
  Waitrose executive director James Bailey, said that over the next five y
  
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• Dyson takes first step into the world of wet line styling products

  21-08-2024 08:19 via theretailbulletin.com
  
  Dyson has taken its first step into the world of wet line styling products with the launch of a pre-style cream and post-style serum. Also marking... View Article
  
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• Hobbycraft in advanced talks over potential sale

  21-08-2024 08:15 via theretailbulletin.com
  
  Arts and crafts retailer Hobbycraft is on the brink of being sold to a specialist investor whose executives have previously backed retail brands such as Paperchase... View Article
  
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• SportsShoes.com launches mobile app to deliver a “best-in-class” retail experience

  21-08-2024 07:40 via theretailbulletin.com
  
  SportsShoes.com has launched its first mobile app as it looks to enhance its customer shopping experience. The move forms part of the online running and outdoor... View Article
  
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• Waitrose to open 100 convenience shops in £1bn investment drive

  21-08-2024 06:00
  
  Grocer’s five-year plan also includes up to four new big supermarkets as well as shop refurbishmentsWaitrose is planning to open 100 convenience stores over the next five years as part of a £1bn-plus investment in new outlets and shop refurbishments.The upmarket grocery chain is planning to unveil a revamped outlet in Finchley Road, north London, on Wednesday. Continue reading...
  
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