Retail news

• Iceland Foods and CALM launch powerful Westfield installation to raise awareness of youth suicide prevention

  10-09-2024 21:03 via theretailbulletin.com
  
  Almost 7,000 young adults have taken their lives over the past decade, with suicide now the leading cause of death for people aged 15–24. Iceland Foods... View Article
  
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• US regulator signals doubts about proposed Circle K and 7-Eleven deal

  10-09-2024 20:45
  Merger of convenience store and petrol station chains would create one of the largest retail groups in America
  
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• Irwin Mitchell becomes first law firm offering Carbon Literacy Training to retail clients

  10-09-2024 15:25 via theretailbulletin.com
  
  Irwin Mitchell has become the first law firm to offer certified Carbon Literacy training for retail clients. The accreditation has been awarded by the Carbon Literacy Project –... View Article
  
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• Finding the right commerce strategy

  10-09-2024 14:41 via theretailbulletin.com
  
  Best-of-Breed vs Unified Platforms: Download this whitepaper to understand the critical choice between adopting a best-of-breed approach versus a unified platform in the rapidly evolving eCommerce... View Article
  
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• Screwfix plots up to 20 small format stores by the end of 2024

  10-09-2024 12:31 via retailgazette.co.uk
  
  Screwfix is planning to open up to 20 of its new city convenience stores by the end of the year as it targets high footfall areas in its expansion plans.
  The retailer’s newest format – Screwfix City – carries a range of more than 3,000 essential products via click and collect, with a further 31,000 available online for next day collection.
  The new concept builds on initial tests of the retailer’s ultra-compact stores and the retailer is targeting up to 100 over the next f
  
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• Data: Lidl gains pace as Asda’s market share plummets

  10-09-2024 12:15 via retailgazette.co.uk
  
  Lidl enjoyed a bumper quarter thanks to a surge in sales, while a weak performance at Asda sent its market share plummeting.
  The latest data from Kantar shows Asda’s sales fell 5.6% in the 12 weeks to 1 September, with its market share dropping 1.2 percentage points to 12.6%.
  While Lidl enjoyed a 9.1% boost in sales driven by digital vounchers for its bakery items that helped push its market share up to 8% in the period.
  Ocado retained its title as the fastest growing grocer for the sevent
  
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• Q&A: Naz Dossa, CEO, Peoplesafe

  10-09-2024 12:12 via theretailbulletin.com
  
  Peoplesafe is the largest provider of employee safety technology in the world, protecting retail workers from store to door through a specialised technology service. Can you... View Article
  
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• Pets at Home appoints new managing director of vet group business

  10-09-2024 12:12 via theretailbulletin.com
  
  Pets at Home has appointed Richard Dening-Smitherman as managing director of its vet group business, Vets for Pets. He previously worked as chief operating officer of... View Article
  
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• Pets at Home appoints Burger King exec as new Vets for Pets MD

  10-09-2024 11:59 via retailgazette.co.uk
  
  Pets at Home has named former Burger King COO Richard Dening-Smitherman as the new managing director of its vet group, Vets for Pets.
  The executive, who stepped up to the role on 2 September, is in charge of leading the vet business, supported by the vet leadership team.
  Before working for Burger King, Dening-Smitherman served as Nando’s CEO in the Middle East, and has previously held leadership roles at Waitrose and healthcare technology firm Intraject. Related StoryShopify partners with
  
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• Schuh launches single shoe initiative for shoppers with limb differences and disabilities

  10-09-2024 11:14 via theretailbulletin.com
  
  Footwear retailer Schuh is rolling out a new initiative to enable customers to make single shoe purchases in its stores.  The move follows positive feedback from... View Article
  
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• PrettyLittleThing founder Umar Kamani returns to helm

  10-09-2024 10:53 via retailgazette.co.uk
  
  PrettyLittleThing founder Umar Kamani is returning to the fast fashion retailer as he vows to make the brand special again.
  Kamani, who stepped down last April, said his return “marks the beginning of a new chapter for the fashion giant” as he looks to “put customers at the forefront” of every business decision. He doesn’t have a specific job title but will be in charge of all operations.
  One of Kamani’s first actions will see the reintroduction of free return
  
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• PrettyLittleThing founder Umar Kamani returns and promises ‘exciting changes’

  10-09-2024 10:53 via retailgazette.co.uk
  
  PrettyLittleThing founder Umar Kamani is returning to the fast fashion retailer as he vows to make the brand special again.
  Kamani, who stepped down last April, said his return “marks the beginning of a new chapter for the fashion giant” as he looks to “put customers at the forefront” of every business decision. He doesn’t have a specific job title but will be in charge of all operations.
  One of Kamani’s first actions will see the reintroduction of free return
  
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• Back-to-school shopping drives up grocery spending in Great Britain

  10-09-2024 10:53
  Sales of fromage frais, cereal and fruit bars rise 14% over last week of August compared with a year agoBusiness live – latest updatesHouseholds stocking up on lunchbox essentials helped drive an increase in grocery spending last month, while supermarket inflation in Great Britain dipped.Grocery price inflation fell to 1.7% in the four weeks to 1 September from 1.8% last month, according to the retail analyst Kantar, but nearly 60% of households were worried about the rising cost of their
  
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• Have we finally reached ‘Peak Aldi’?

  10-09-2024 10:41
  Despite continued store openings, the discount chain’s focus seems to be shifting to profitability
  
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• Sainsbury’s to ‘revolutionise’ systems and enhance customer experience in new partnership

  10-09-2024 10:29 via retailgazette.co.uk
  
  Sainsbury’s is joining forces with software firm SAP to “revolutionise” its commercial systems in efforts to drive its Next Level  goals.
  The grocery giant is set to increase its “business agility through cloud-based solutions,” while simplifying and cost-optimising its technology estate.
  SAP has been appointed to lead the design of the new solution with consulting giant Accenture cloud provider Amazon Web Services (AWS).
  The supermarket said the transformation
  
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• Alibaba will get a boost from China’s mainland traders

  10-09-2024 10:25
  
  Chinese retail investors are a formidable force and known for their enthusiasm for tech names
  
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• Wickes first half revenue declines as home improvement market “remains tough”

  10-09-2024 09:42 via theretailbulletin.com
  
  Wickes has reported a decline in first half revenue after its customers’ appetite for big home improvement projects was impacted by the higher cost of living.... View Article
  
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• Carhartt appoints new vice president of brand marketing and creative

  10-09-2024 09:42 via theretailbulletin.com
  
  Carhartt has appointed Norma Delaney as its new vice president of brand marketing and creative. Possessing more than 20 years’ experience in the footwear and clothing... View Article
  
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• JD Sports axes nearly 200 jobs at major warehouse

  10-09-2024 09:22 via retailgazette.co.uk
  
  JD Sports is set to cut nearly 200 jobs following its decision to close the distribution centre in Derby.
  Staff at Derby Commercial Park, located off Raynesway, were informed of their job losses on Friday, after a six-week consultation period, the BBC reported.The sportswear retailer had signed a 20-year lease on the 514,000 sq ft facility just three years ago.
  A JD Sports spokesperson told the outlet: “We have made the difficult decision to close our Derby distribution centre and are wor
  
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• Wickes profit falls 25% in ‘tough’ DIY market

  10-09-2024 09:12 via retailgazette.co.uk
  
  Wickes has posted an almost 25% drop in adjusted pre-tax profit for the six months ending 29 June 2024.The home improvement retailer reported an adjusted pre-tax profit off £23.4m, down from £31.1m during the same period last year.
  Despite this drop, statutory profit before tax increased by 8.5% to £22.9m, up from £21.1m.
  Total revenue dipped by 3.4% year on year from £827.7m during the first half of 2023 to £799.9m during the period, while retail revenue was
  
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• Mountain Warehouse to open another 50 stores as in-store sales surge

  10-09-2024 08:43 via retailgazette.co.uk
  
  Mountain Warehouse is set to open another 50 new stores next year.
  The outdoor retailer is pursuing an ambitious expansion strategy, both in the UK and internationally, driven by a surge in demand for in-person shopping experiences.
  This year, the business will add around 50 locations worldwide, bringing its total to approximately 370 stores across nine countries, The Times reported.
  Mountain Warehouse founder and CEO Mark Neal told the title: “We think there is lots of life left in lots o
  
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• Burberry tumbles to 15-year low amid questions over its luxury brand status

  10-09-2024 08:31 via retailgazette.co.uk
  
  Burberry’s market value has plummeted to its lowest level in 15 years amid skepticism from City analysts regarding its ability to maintain its status as a “high-end luxury brand.”
  On Monday, the luxury fashion retailer saw its shares drop by up to 8% following a downgrade by Barclays, reducing its worth to just £2bn, The Telegraph reported.
  This decline represents Burberry’s lowest valuation since 2009 and follows its recent exit from the FTSE 100.The British fashi
  
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• Burberry shares tumble to 15-year low amid questions over its luxury brand status

  10-09-2024 08:31 via retailgazette.co.uk
  
  Burberry’s market value has plummeted to its lowest level in 15 years amid skepticism from City analysts regarding its ability to maintain its status as a “high-end luxury brand.”
  On Monday, the luxury fashion retailer saw its shares drop by up to 8% following a downgrade by Barclays, reducing its worth to just £2bn, The Telegraph reported.
  The decline represents Burberry’s lowest valuation since 2009 and follows its recent exit from the FTSE 100.The British fashio
  
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• Ben Sherman opens first physical store in Northern Ireland

  10-09-2024 08:30 via theretailbulletin.com
  
  UK menswear brand Ben Sherman has opened its first store in Northern Ireland at The Boulevard premium designer outlet. The move forms part of the brand’s... View Article
  
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• Ben Sherman to open first physical store in Northern Ireland

  10-09-2024 08:13 via theretailbulletin.com
  
  UK menswear brand Ben Sherman is to open its first store in Northern Ireland at The Boulevard premium designer outlet. The move forms part of the... View Article
  
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• Beaverbrooks invests £1.6 million in expanded Bracknell store

  10-09-2024 08:13 via theretailbulletin.com
  
  Beaverbrooks has invested £1.6 million in the refurbishment and expansion of its store in Bracknell. The family-owned diamond, jewellery and watch retailer has transformed the site,... View Article
  
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