Retail news

• Iceland expands product range with 800 new lines

  11-09-2024 17:04 via retailgazette.co.uk
  
  Iceland and The Food Warehouse have introduced 800 new lines to its product range in its latest innovation push.
  The new products, which land in stores and online this week, include frozen food, confectionery, seasonal general merchandise, and family favourites, such as ready meals and frozen pizza.
  The frozen food specialist will launch Jamie Oliver’s new frozen food dishes, and relaunch its Piccolino range to include 14 new lines featuring Bolognese Bites, Calzone Meat Feasts and Chilli
  
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• UK fast fashion can’t match Shein’s style

  11-09-2024 14:07
  
  Rise of Chinese company has hurt Asos and Boohoo but many problems are of their own making
  
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• UK fast fashion cannot match Shein’s style

  11-09-2024 14:07
  Rise of Chinese company has hurt Asos and Boohoo but many problems are of their own making
  
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• B&Q apprenticeship scheme surpasses 2,000 participants as ‘Class of 24’ graduates

  11-09-2024 13:24 via theretailbulletin.com
  
  Home improvement retailer B&Q has announced that its latest cohort of apprentices have now graduated. The B&Q ‘Class of 24’ includes 276 graduates aged from 19 to... View Article
  
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• WH Smith launches £50m share buyback after strong summer

  11-09-2024 12:39
  
  Rise in travel-related sales benefits retailer, with group revenue up 7% in year to end of AugustWH Smith is to give investors a £50m windfall as holidaymakers snapping up travel essentials helped boost summer sales at the retail chain.The retailer said it would launch a £50m share buyback – a move that could increase its share price – in a reflection of the strong cashflow in the business, a healthy balance sheet and after receiving £85m from the buyout of its pens
  
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• Zara owner Inditex overcomes washout summer as profits shine

  11-09-2024 11:04 via retailgazette.co.uk
  
  Zara owner Inditex first-half profit rose 10% driven by strong spring/summer sales.
  The Spanish fashion giant’s 7.2% sales increase comes despite fashion retailers across Europe being hit by wet weather over the summer. Just last week Primark revealed that UK sales would be down in its current half as poor weather led to lower footfall in its stores and hit seasonal lines in womenswear and footwear.
  Inditex, which operates more than 5,000 stores worldwide, said its spring/summer colle
  
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• Dunelm posts rise in sales and profit

  11-09-2024 10:04 via theretailbulletin.com
  
  Dunelm has reported a 4.1% increase in sales to £1.71 billion despite the impact of a softer homewares and furniture market. In the 52 weeks to... View Article
  
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• WH Smith benefits from strong growth at travel business

  11-09-2024 09:25 via theretailbulletin.com
  
  WH Smith has said its full year performance has been in line with expectations with group sales climbing by 7% and like-for-like sales up 5%. In... View Article
  
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• Loop launches Order Tracking for a comprehensive post-purchase experience

  11-09-2024 09:25 via theretailbulletin.com
  
  Loop’s newly expanded product line offers merchants a customisable, consolidated tech stack for post-purchase transparency. Loop, the leading returns and reverse logistics platform, today announced the... View Article
  
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• Rainy summers and autumn heatwaves, are retail sales seasons dead?

  11-09-2024 09:19 via retailgazette.co.uk
  
  The wet start to summer in the UK is likely to be at the forefront of trading updates once again this year as retailers grapple with the unseasonable weather and its impact on sales.
  Just last week, one of the high street’s top performers Primark revealed that UK sales are set to fall in its second half as poor weather led to lower footfall in its stores.
  Total UK sales will dip around 0.5% and like-for-likes will decrease 2% in its half ending 14 September, as the weather hit its seasonal
  
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• Amazon and Morrisons expand partnership to offer loyalty points

  11-09-2024 09:14 via retailgazette.co.uk
  
  Customers shopping at Morrisons via Amazon can now earn loyalty points that can be redeemed as Morrisons More Card Fivers, both online and in-store at Morrisons.
  The new More Points scheme is part of a broader initiative aimed at enhancing the grocery shopping experience on the online giant.
  The retailer has introduced a “grocery day” option, allowing customers to schedule a weekly delivery slot with a pre-filled basket. It has also rolled out a delivery pre-reservation feature for c
  
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• ‘My uniform’s more valuable than I am’: a security guard’s take on bodyworn cameras

  11-09-2024 09:00
  Public-facing staff in shops and frontline services are donning cameras to help fight abuse and theftWhen you work in security it can be a battle to stop people stealing. Most thieves know that they have the same legal power as guards, and it’s not easy trying to decide who gets to dole out “reasonable force” when a teenager’s cutting through a bike lock in front of you.My shift mates and I recently observed a heroin user cutting through our car park repeating a shopping
  
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• Boohoo will switch US order fulfilment to UK in strategic shift

  11-09-2024 08:51 via retailgazette.co.uk
  
  Boohoo is realigning its operations in the US as part of its strategy to “reposition the group for sustainable, profitable growth”.
  The online fashion giant will stop using its US distribution centre in Pennsylvania and now fulfil all US orders from its automated distribution centre in Sheffield, in a bid to broaden its product offering for shoppers across the pond and expand its routes to market.
  This decision follows a successful trial that expanded the range of products available
  
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• Boohoo to switch US order fulfilment to UK in strategic shift

  11-09-2024 08:51 via retailgazette.co.uk
  
  Boohoo is realigning its operations in the US as part of its strategy to “reposition the group for sustainable, profitable growth”.
  The online fashion giant will stop using its US distribution centre in Pennsylvania and now fulfil all US orders from its automated distribution centre in Sheffield, in a bid to broaden its product offering for shoppers across the pond and expand its routes to market.
  This decision follows a successful trial that expanded the range of products available
  
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• Boohoo to close US warehouse and fulfil American orders in UK

  11-09-2024 08:51 via retailgazette.co.uk
  
  Boohoo is realigning its operations in the US as part of its strategy to “reposition the group for sustainable, profitable growth”.
  The online fashion giant will stop using its US distribution centre in Pennsylvania and now fulfil all US orders from its automated distribution centre in Sheffield, in a bid to broaden its product offering for shoppers across the pond and expand its routes to market.
  This decision follows a successful trial that expanded the range of products available
  
  Read more

• Boohoo moves US orders to UK in strategic shift to drive growth

  11-09-2024 08:51 via retailgazette.co.uk
  
  Boohoo is realigning its operations in the US as part of its strategy to “reposition the group for sustainable, profitable growth”.
  The online fashion giant will stop using its US distribution centre in Pennsylvania and now fulfil all US orders from its advanced automated distribution centre in Sheffield, in a bid to broaden its product offering for shoppers across the pond and expand its routes-to-market.
  This decision follows a successful trial that expanded the range of products a
  
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• Trinny London opens first standalone store

  11-09-2024 08:39 via theretailbulletin.com
  
  Online beauty brand Trinny London has chosen Chelsea’s King’s Road for the launch of its first standalone store following the success of a summer pop-up. The... View Article
  
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• Frasers Group gives update on retail transformation at Dundee’s Overgate

  11-09-2024 08:39 via theretailbulletin.com
  
  Frasers Group has given an update on the retail transformation taking place at Overgate in Dundee following its acquisition of the shopping centre last year. In... View Article
  
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• Boohoo makes changes to its operations in the US market

  11-09-2024 08:39 via theretailbulletin.com
  
  Boohoo Group is to make changes to its operations in the US market as it looks to broaden its product offering for US customers and expand... View Article
  
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• Dunelm delivers solid profit growth despite ‘softer’ market

  11-09-2024 08:39 via retailgazette.co.uk
  
  Dunelm has posted a rise in sales and profits despite the “softer market”.
  Revenue nudged up 4.1% to just over £1.7bn for the year as pre-tax profit rose 6.6% to £205.4m.
  It delivered growth across both stores and online, with ecommerce accounting for 37% of total sales.
  Despite the encouraging performance, the homewares retailer said it is operating in a “challenging consumer environment” with the timing of recovery “uncertain”.
  Dunelm CEO Nick Wi
  
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• Dunelm delivers solid profit growth despite market uncertainty

  11-09-2024 08:39 via retailgazette.co.uk
  
  Dunelm has posted a 4.1% rise in revenue to just over £1.7bn for the year despite the softer market, with profit before tax up 6.6% to £205.4m.
  It delivered growth across both stores and online, with ecommerce accounting for 37% of total sales.
  Despite the encouraging performance, the homewares retailer said it is operating in a “challenging consumer environment” with the timing of recovery “uncertain”.
  Dunelm CEO Nick Wilkinson said: “In a period where
  
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• WHSmith profit edges up boosted by booming travel sales

  11-09-2024 08:25 via retailgazette.co.uk
  
  WHSmith group pre-tax profit edged up as its travel sales continue to soar.
  Profits increased by £1m to £46m for the year ending 31 August 2024, as group sales rose 7% driven by a 10% increase in its travel division.
  Profits from the retailer’s travel arm profit rose from £47m to £50m, however, its high street operations saw profit slip from £24m to £22m. Related StoryWHSmith opens first own-brand café in food-to-go push15/08/2024 x 1:11 PMWHSmith
  
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• WHSmith profit climbs to £46m boosted by booming travel sales

  11-09-2024 08:25 via retailgazette.co.uk
  
  WHSmith group profit before tax reached £46m for the year ending 31 August 2024, up from £45m the previous year.
  This growth was driven by a 7% rise in group revenue to £926m, driven by a 10% increase in its travel division.
  The retailer’s travel arm saw a significant uplift, with profit rising to £50m from £47m while in contrast its high street operations saw profit slip from £24m to £22m.
  Travel performed well over its peak trading period in
  
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