Retail news

• Frasers: How the ‘next-gen’ department store is replacing House of Fraser

  25-09-2024 21:36 via retailgazette.co.uk
  
  Frasers Group is ramping up the roll out of its Frasers “next generation” department store format as it phases out its House of Fraser brand.
  The Mike Ashley-controlled group, which rebranded the retailer’s website last month, opened the doors to its 13th store this week inside Sheffield’s Meadowhall Shopping Centre.
  While some may consider number 13 to be unlucky, the 100,000 sq ft flagship located inside the former Debenhams unit is one of the largest Frasers stores to
  
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• In pictures: John Lewis unveils Christmas shop in 35 stores

  25-09-2024 20:43 via retailgazette.co.uk
  
  John Lewis has opened its Christmas shops in 35 stores today as it gears up for the busy festive shopping period.
  Consumers will be able to purchase everything from trees and baubles to gifting and wreaths in the department store’s dedicated areas.It is the first time the retailer is bringing its Christmas foliage together in one place across 15 of its stores.
  The department store is also kicking off a range of festive activities this year, including the return of its Quality Street pick a
  
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• Morrisons inks £370m property deal

  25-09-2024 20:36 via retailgazette.co.uk
  
  Morrisons is to wipe £370m off its debt pile following a 45-year ground rent deal with real investor Song Capital.
  The private equity-backed supermarket has agreed for the investment firm to earn an income stream from 75 of its stores until 2069, Sky News reported.
  The grocer will retain ownership of the stores’ freehold. Related StorySupermarket convenience stores charge up to 21% more, says Which?22/09/2024 x 10:22 AMThe deal is understood to be announced alongside Morrisons’
  
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• Open sesame? Sainsbury’s and Tesco drop lids from pots of hummus

  25-09-2024 18:50
  
  Unhappy shoppers complain of waste and inconvenience after peel-off film cover is introduced to reduce plastics useWon’t somebody think of the chickpeas?The war on single use plastics has been waged on many fronts, from bottle tops to carrier bags and cutlery to straws. But one recent innovation by British supermarkets has been met with resistance from an unlikely source: hummus lovers. Continue reading...
  
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• Tesco unveils 2024 Christmas food and drink range with 250 new products

  25-09-2024 16:35 via retailgazette.co.uk
  
  Tesco has unveiled its new Christmas 2024 food and drink range, featuring more than 250 new products.
  The UK’s biggest supermarket is offering shoppers new party food options, including mushroom steamed buns and mini nduja wellingtons with a hot honey drizzle.
  For the main event, Tesco is offering customers options including its Scottish salmon plait, its 30-day matured sirloin wing rib, and its British easy carve turkey with pork, cranberry & chestnut stuffing.
  For dessert, shoppers c
  
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• Lidl chief trading officer exits after 28 years

  25-09-2024 16:32 via retailgazette.co.uk
  
  Lidl chief trading officer Martin Kottbauer has stepped down from the supermarket after 28 years, as his role is merged into that of chief commercial officer Richard Bourns’ responsibilities.
  During his time at the discounter, Kottbauer held various senior positions, including as chief commercial officer in 2021, before becoming chief trading officer in 2022, The Grocer reported.
  The merging of his role into Bourns’ responsibilities comes under Lidl’s GB board restructure, whic
  
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• The Entertainer kicks off Christmas recruitment drive for 1000 seasonal temps

  25-09-2024 16:23 via retailgazette.co.uk
  
  The Entertainer has kicked off its biggest-ever recruitment drive as it looks to hire over 1000 seasonal temps this Christmas.
  The toy retailer is hiring for seasonal roles across its 160 stores in the UK, as well as temporary sales assistants to support its 130 Tesco in-store concessions.
  The Entertainer is recruiting for seasonal contracts of between 8 and 20 hours per week, as well as night stock assistants that begin on 20-hour contracts and will increase to 37.5 hours in the run up to Chris
  
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• Watch: Boots launches biggest-ever beauty campaign with over 25 new brands

  25-09-2024 13:58 via retailgazette.co.uk
  
  Boots has launched its biggest ever beauty marketing campaign, with more than 25 new brands landing at the cosmetics giant. 
  The ‘make more room for beauty’ campaign sees the retailer invite the nation to make more room for beauty products in their lives.
  It marks Boots’ first campaign specifically designed to reach an audience of under-35 beauty consumers, spanning TV, OOH, print, radio, digital display, paid and owned social, PR, email and instore marketing.
  The campaign
  
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• Co-op chain turns to AI to identify criminals with weapons

  25-09-2024 13:24
  Group to trial technology that can detect shoplifting and attacks on staff after losses from crime rose by almost 20% to £40m in six monthsBusiness live – latest updatesThe Co-op grocery chain has revealed its losses from crime rose by almost 20% to £40m in the first half of the year, and it is now deploying artificial intelligence to identify offenders with concealed weapons and stolen items.The member-owned mutual, which returned to profit despite the growing toll of shoplift
  
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• Co-op food boss: Monetary cost of shoplifting ‘small’ compared to staff impact

  25-09-2024 13:17 via retailgazette.co.uk
  
  Co-op managing director of food Matt Hood has said the monetary cost of shoplifting pales compared to its impact on staff members.
  The grocery boss said it estimated “around £39m of loss” during its first half, which was up 19% on last year amid the ongoing crime epidemic.
  However, he noted: “It is really important for me to point out that the monetary cost is small compared to the physical and mental wellbeing of all of my store colleagues who face this issue every singl
  
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• Iceland partners with Deliveroo for rapid grocery delivery service

  25-09-2024 11:37 via retailgazette.co.uk
  
  Iceland has become the latest supermarket chain to partner with Deliveroo to offer a rapid grocery delivery service.
  The move will see more than 3,000 of the frozen food specialist’s products, including essentials, fresh and frozen groceries, available on the delivery platform.
  The partnership launched in 53 stores today (25 September) and will be rolled out to over 800 Iceland and The Food Warehouse stores by the end of October. Related StoryIceland expands product range with 800 new line
  
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• Co-operative Group returns to profit as almost £40m lost to shoplifting

  25-09-2024 10:50
  
  Mutual reports half-year pre-tax profit of £58m despite soaring wage bill and rising cost of theft at retail storesBusiness live – latest updatesThe Co-operative Group has laid bare the impact of shoplifting as it said the cost of crime in its stores soared by almost 20% to £40m in the first half of the year.The member-owned mutual has spent £18m so far this year on measures to protect staff in its food business, including rolling out body-worn cameras and fortified kiosk
  
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• DFS suffers heavy losses as Red Sea delays and rising interest rates bite

  25-09-2024 09:52 via retailgazette.co.uk
  
  DFS pulled in heavy losses during its latest annual results, as shipping delays in the Red Sea and the impacts of higher interest rates on borrowing took their toll.
  For the 53 weeks to 30 June, the furniture giant posted a pre-tax loss of £1.7m compared to a profit of £29.7m in the prior year, although gross margin rate progression and operating efficiency cost savings partially offset the weaker market conditions.
  Sales fell 7.9% to £1.31bn, as the retailer saw a 1.8% year-on
  
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• In pictures: Inside Frasers ‘next-generation’ department store at Sheffield’s Meadowhall

  25-09-2024 09:37 via retailgazette.co.uk
  
  Frasers Group has opened the doors to its latest Frasers flagship as it continues to phase out its House of Fraser brand.
  The 100,000sq ft “next-generation” department store flagship cover two floors, housing men’s and women’s, kids, beauty, footwear and homeware.
  The space stocks ready-to-wear brands including Ganni, Rains, CP Company, Nobody’s Child, as well as shoes and accessories labels Ugg, Longchamp and Coach.
  The ground floor features the retail giant’
  
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• DFS slips to loss following weaker demand

  25-09-2024 09:36 via theretailbulletin.com
  
  Furniture retailer DFS has posted a 9.3% drop in annual revenue to £987.1 million after its performance was impacted by a decline in market demand and... View Article
  
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• Asos to cut head office roles with tech team hit in restructuring

  25-09-2024 09:33 via retailgazette.co.uk
  
  Asos is set to cut more than 200 head office roles amid rising losses at the retailer.
  The move comes as the fashion giant pushes ahead with “simplifying the organisation” and returning to profit, according to The Mirror. 
  A consultation on the proposed job cuts has begun, with business analysts, engineering managers, and platform leads among those at risk.
  Asos has also proposed creating various other roles, and claimed it wanted to employ more product managers and software eng
  
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• Asos to cut head office jobs in restructuring with tech team hit

  25-09-2024 09:33 via retailgazette.co.uk
  
  Asos is set to cut more than 200 head office roles amid rising losses at the retailer.
  The move comes as the fashion giant pushes ahead with “simplifying the organisation” and returning to profit, according to The Mirror. 
  A consultation on the proposed job cuts has begun, with business analysts, engineering managers, and platform leads among those at risk.
  Asos has also proposed creating various other roles, and claimed it wanted to employ more product managers and software eng
  
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• Asos to cut 200 head office jobs as tech team hit in restructuring push

  25-09-2024 09:33 via retailgazette.co.uk
  
  Asos is set to cut more than 200 head office roles amid rising losses at the retailer.
  The move comes as the fashion giant pushes ahead with “simplifying the organisation” and returning to profit, according to The Mirror. 
  A consultation on the proposed job cuts has begun, with business analysts, engineering managers, and platform leads among those at risk.
  Asos has also proposed creating various other roles, and claimed it wanted to employ more product managers and software eng
  
  Read more

• Asos to cut 200 head office jobs as tech team hit

  25-09-2024 09:33 via retailgazette.co.uk
  
  Asos set to cut more than 200 head office roles amid rising losses at the retailer.
  The move comes as the fashion giant pushes ahead with “simplifying the organisation” and returning to profit, according to The Mirror. 
  A consultation on the proposed job cuts has begun, with business analysts, engineering managers, and platform leads among those at risk.
  Asos has also proposed creating various other roles, and claimed it wanted to employ more product managers and software engine
  
  Read more

• Co-op swings back to profit as almost £40m lost to shoplifting

  25-09-2024 09:15 via retailgazette.co.uk
  
  The Co-op bounced back into the black over its first half despite leakage costs from theft and fraud surging 19% to £39.5m amid the so-called shoplifting epidemic.
  Group pre-tax profits rose to £58m for the first half, compared to a £33m loss the same time last year, as the chain confounded the “contraction in the wider food retail convenience market”.
  In its food business, sales nudged up 3.2% to £3.7bn as it boasted a “strong” performance across
  
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• John Lewis announces new Waterstones partnership

  25-09-2024 08:38 via theretailbulletin.com
  
  John Lewis has announced that a new Waterstones bookshop will launch in its flagship store in London’s Oxford Street. Due to open in time for Christmas,... View Article
  
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• Australia’s supermarket greedopoly has allegedly been offering pretend discounts. Everyone is very shocked | First Dog on the Moon

  25-09-2024 08:24
  
  If they’re not careful these price gouging supermarkets will be spoken to firmlySign up here to get an email whenever First Dog cartoons are publishedGet all your needs met at the First Dog shop if what you need is First Dog merchandise and prints Continue reading...
  
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• [Interview] DIRTEA Co-founder Simon Salter on the power of functional mushrooms

  25-09-2024 08:07 via theretailbulletin.com
  
  In this exclusive interview, Simon Salter, Co-Founder of DIRTEA, shares his inspiring journey into the world of functional mushrooms. He discusses how DIRTEA started as a... View Article
  
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• Space NK continues expansion with new store planned for Milton Keynes

  25-09-2024 07:49 via theretailbulletin.com
  
  Space NK is to launch a new store at Centre:mk in Milton Keynes as it continues to expand in strategic locations across the UK and Ireland.... View Article
  
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• Boots teams up with Just Eat for on demand beauty and healthcare deliveries

  25-09-2024 07:27 via theretailbulletin.com
  
  Boots has teamed up with Just Eat to enable its to customers to have beauty and healthcare products delivered on demand. With the service now live... View Article
  
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• Boots teams with Just Eat for rapid beauty and health deliveries nationwide

  25-09-2024 01:01 via retailgazette.co.uk
  
  Boots has partnered with Just Eat to deliver on-demand beauty and healthcare products to customers across the nation.
  The health and beauty giant has stocked the platform with over 1,000 products which are now available to order.
  The partnership will initially launch with 50 sites across the UK including London, Birmingham, Manchester, Leeds, Glasgow and Edinburgh, but there are plans to follow up with 100 more by spring 2025.
  This is the first time Just Eat has partnered with a pharmacy-led ret
  
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