Retail news

• Big 4 supermarkets face £200m blow from National Insurance hike

  29-10-2024 19:17 via retailgazette.co.uk
  
  Britain’s biggest supermarkets face paying an extra £200m in National Insurance contributions as the Chancellor is set to unveil the hike in the Budget tomorrow.
  Tesco, Sainsbury’s, Asda and Morrisons could be hit with an incremental tax bill from a two-percentage point hike in employer National Insurance contributions, Sky News reported.
  One analyst estimated that Tesco, which employs around 300,000 people in the UK, could be facing £75m added to its bill. Related StoryW
  
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• Lindt to open central London flagship next year

  29-10-2024 17:51 via retailgazette.co.uk
  
  Lindt is set to open a new central London flagship under the Piccadilly lights next year.
  The chocolatier described the store as “the first-of-its-kind in the UK” which will open in the spring.
  Lindt & Sprüngli UK & Ireland D2C and ecommerce director Faythe King said: “We are thrilled to bring the exquisite taste of Lindt Chocolate to the heart of London, offering a unique, enchanting experience for chocolate lovers – something truly unique to the UK. Related
  
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• Majestic ties up with Just Eat for speedy delivery

  29-10-2024 17:48 via retailgazette.co.uk
  
  Majestic has partnered with rapid delivery firm Just Eat to expand its on-demand offer amid soaring demand.
  Customers can now order from hundreds of its wines, including Champagne, Sparkling, Bordeaux, Loire, along with bottles from Italy, New Zealand, Australia, its own-label Chosen By Majestic and Definition By Majestic wines.
  Its fast expanding range of premium spirits and beers are also available through the Just Eat app, with deliveries in as little as 30 minutes.
  The partnership launched t
  
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• Dreams unveils premium concept store in East Sheen

  29-10-2024 17:01 via retailgazette.co.uk
  
  Dreams is opening a new premium concept store in East Sheen, which it says marks a “significant milestone in the company’s growth strategy”.
  The new shop concept is the “first-of-its-kind” for the beds retailer, covering 4,000 sq ft across two floors and showcasing a range of branded mattresses from Flaxby, Tempur, and TheraPur.
  The site features design innovations including upgraded Sleepmatch technology presented with illuminated lightboxes and floating shelves, t
  
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• Mike Ashley’s Frasers goes from cheap stores to cheap valuation

  29-10-2024 16:02
  The group is one of the sector’s top performers partly because of an ability to learn from its mistakes
  
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• Uniqlo to open new store in Liverpool One

  29-10-2024 15:53 via retailgazette.co.uk
  
  Uniqlo is set to open a new store in Liverpool One next Spring as it ramps up its regional expansion in the UK.
  The 1,430 sq m store will sit across two floors and stock its LifeWear range across mens, womens, kids and babies.
  It is the latest opening as Uniqlo, which has 20 stores in the UK, ramps up its expansion in the country by targeting regional cities. Related StoryIn pictures: Uniqlo reopens White City Westfield store13/10/2024 x 9:23 AMUniqlo UK chief operating officer Alessandro Dudech
  
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• Harrods relaunches website amid digital overhaul

  29-10-2024 13:53 via retailgazette.co.uk
  
  Harrods has relaunched its ecommerce platform as part of an overhaul of its digital operations.
  The luxury department store has partnered with ecommerce specialist Scayle to “elevate the online purchasing experience by providing customers with a seamless journey”.
  The new website includes refreshed landing pages, a headless front end, and an integrated ERP alongside all other third-party systems.
  Harrods also uses Scayle’s product information, shop management and order manageme
  
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• Adidas quarterly profit soars as it achieves double-digit growth

  29-10-2024 13:50 via retailgazette.co.uk
  
  Adidas profits surged 46% in its third quarter after raising its full-year guidance earlier this month.
  Operating profit at the chain hit £498.39m (€598m) for the period, compared to £340.87m (£409m) the prior year.
  Currency neutral sales at the sportswear giant were up 10%, which it said had been driven by the Adidas brand rising 14% during its third quarter.
  Adidas said it had experienced underlying growth across all markets, channels and product divisions.
  It pulled in
  
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• Denby Pottery partners with ESW to overcomes post-Brexit issues and launch DTC in 29 European markets

  29-10-2024 10:48 via theretailbulletin.com
  
  British heritage brand Denby Pottery has launched direct-to-consumer (DTC) ecommerce capabilities into 29 European markets, in partnership with ESW, ending years of post-Brexit trading challenges. Denby... View Article
  
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• CEO interview: Andy Smallwood of Pashley Cycles

  29-10-2024 09:57 via theretailbulletin.com
  
  When walking into the workshops of Pashley Cycles in Stratford-upon-Avon the smell of the metal being worked on to create the bespoke frames was part of... View Article
  
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• Jollyes strengthens leadership team with significant new hires

  29-10-2024 09:50 via theretailbulletin.com
  
  Jollyes has bolstered its senior teams with several new hires as it prepares for significant new store growth. Adam Dury will join the pet retailer as... View Article
  
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• Evri and Yodel named as worst parcel firms at helping shoppers

  29-10-2024 09:28 via retailgazette.co.uk
  
  Delivery giant Evri has been ranked the worst parcel firm in the UK with 44% of customers who used its services in the last six months encountering delivery problems.
  Evri, which rebranded from Hermes two years ago, achieved the poorest levels of customer satisfaction, despite improving from its 2023 performance to 32% over the past year, according to Ofcom.
  Yodel was ranked second bottom with a satisfaction score of just 38%, having performed “below average” across some elements of
  
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• Avon mulls franchise stores and widens tie-up with Superdrug

  29-10-2024 09:15 via retailgazette.co.uk
  
  Avon is mulling more franchise stores as it expands its physical retail partnership with Superdrug across the UK.
  The cosmetics company’s global chief executive Kristof Neirynck said it was seeking to expand its standalone shops throughout the UK run by Avon sales representatives on a franchise model, Retail Week reported.
  Additionally, Avon has expanded its tie-up with Superdrug in the UK, with its products set to be sold in 650 of 830 of its stores by the end of 2024.
  Neirynck revealed t
  
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• What do retail’s CEOs want from the Budget?

  29-10-2024 09:00 via retailgazette.co.uk
  
  Chancellor Rachel Reeves is set to present her first budget tomorrow and much of retail is hoping, amongst other things, that business rates reform features on her list of changes.
  Here’s what the bosses of some of the UK’s biggest retailers are keeping an eye out for.
  Stuart Machin, CEO, M&S“M&S is one of the biggest taxpayers in the UK, contributing £480m to the Treasury. We’re proud to contribute to the public services that the communities we serve rely o
  
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• Exclusive: Jollyes bolsters top team with hires from Tesco, Card Factory and Hobbycraft

  29-10-2024 09:00 via retailgazette.co.uk
  
  Jollyes has strengthened its executive team as it ramps up its growth strategy, with a spree of new hires from retailers such as Tesco, Sainsbury’s, Card Factory and Hobbycraft.
  The pet retailer has poached Card Factory chief commercial officer Adam Dury to be its first chief operating officer, effective from January.
  Dury, who has also worked in commercial roles at Tesco and M&S, will join the Jollyes board along with recently appointed chief financial officer Richard Willan, who join
  
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• John Lewis Partnership to recruit record 12,500 temporary workers for Christmas

  29-10-2024 07:57 via theretailbulletin.com
  
  The John Lewis Partnership is seeking to fill a record 12,500 temporary positions across the country for the Christmas trading period. This means that it is... View Article
  
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• John Lewis Partnership recruiting record 12,500 temporary workers for Christmas

  29-10-2024 07:57 via theretailbulletin.com
  
  The John Lewis Partnership is seeking to fill a record 12,500 temporary positions across the country for the Christmas trading period. This means that it is... View Article
  
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• Gandys opens new Covent Garden store

  29-10-2024 07:45 via theretailbulletin.com
  
  Gandys, the travel inspired fashion brand, has opened a new store in London’s Covent Garden. Situated at 66 Neal Street, the shop will showcase the best... View Article
  
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• Scamp & Dude teams up with Style For Stroke Foundation on limited-edition charity sweatshirt

  29-10-2024 07:44 via theretailbulletin.com
  
  Scamp & Dude has partnered with the Style For Stroke Foundation on a limited edition “Kindness is a Superpower” sweatshirt. With the product launching today on... View Article
  
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• Sainsbury’s to donate over five million meals to families experiencing food poverty

  29-10-2024 07:43 via theretailbulletin.com
  
  The Sainsbury’s supermarket will be donating over five million meals to families experiencing food poverty through its partnership with Comic Relief. This will be achieved through... View Article
  
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• Creative in-store displays that attract and engage customers

  29-10-2024 07:43 via theretailbulletin.com
  
  In a world of digital ads and online shopping, securing customer attention in-store is harder than ever. Consumer focus has declined rapidly in the face of... View Article
  
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• Why do people queue up outside luxury stores?

  29-10-2024 06:00
  For brands, controlling footfall improves security, creates an air of exclusivity and weeds out casual shoppers
  
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• Lower shop prices boost prospect of Bank of England rate cut

  29-10-2024 01:01
  
  British Retail Consortium says prices falling at fastest rate in three years and are 0.8% lower than a year agoThe chances of a fresh cut in interest rates from the Bank of England next week have been boosted by a report that shows shop prices falling at their fastest pace in more than three years.The monthly snapshot from the British Retail Consortium showed prices were 0.8% lower this month than in October 2023 – compared to an annual fall of 0.6% in September. Continue reading...
  
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• Scandal-hit Luckin Coffee plans to take on Starbucks in US

  29-10-2024 01:00
  Expansion into rival’s home market comes five years after chain was delisted from Nasdaq and fined
  
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• China’s Luckin Coffee plans US launch in comeback from fraud scandal

  29-10-2024 01:00
  
  Expansion in Starbucks’ home market comes five years after chain was delisted from Nasdaq and fined
  
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• China’s largest coffee chain plans to take on Starbucks in US

  29-10-2024 01:00
  
  Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and fined
  
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