Retail news

• Businesses warn that Labour’s £25bn ‘tax on jobs’ will hurt hiring

  30-10-2024 18:58
  
  Companies criticise rise in employers’ national insurance contributions
  
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• EU to pursue Temu for alleged sale of illegal products

  30-10-2024 17:36
  
  Consumer groups have raised concerns about toxic goods sold on platform
  
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• It’s my first Halloween in the UK for two decades – and my American children are not impressed | Emma Brockes

  30-10-2024 15:59
  Spending on costumes and treats has increased, but Britain isn’t showing quite the same commitment or creativityWhat are you going as, this Halloween? The discussion in our household starts in the spring, takes in many twists and reversals over the course of the summer, and usually settles towards the end of September. This year we have been through John Lennon, a clown, an Oompa Loompa and the blue astronaut from the video game Among Us, before settling on Willy Wonka (one child) and &ldq
  
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• Reeves extends rates relief for retail [Budget commentary]

  30-10-2024 14:20 via theretailbulletin.com
  
  Chris Brook-Carter, chief executive of retail industry charity Retail Trust: “Retail is the largest employer outside of the public sector so a healthy and happy retail workforce... View Article
  
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• Comment: Reactions to the budget from the retail sector

  30-10-2024 14:20 via theretailbulletin.com
  
  Here we give a round-up of reactions to today’s Autumn Budget statement. HELEN DICKINSON, CEO OF THE BRITISH RETAIL CONSORTIUM  Changes to business rates from 2025... View Article
  
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• [Budget Comment] Retail Trust

  30-10-2024 14:20 via theretailbulletin.com
  
  Chris Brook-Carter, chief executive of retail industry charity Retail Trust: “Retail is the largest employer outside of the public sector so a healthy and happy retail workforce... View Article
  
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• Watch: TK Maxx unveils Christmas 2024 ‘Festive Farm’ advert

  30-10-2024 13:35 via retailgazette.co.uk
  
  TK Maxx has unveiled its Christmas advert for 2024, featuring the return of its “Festive Farm”.
  The advert sees the retailer’s furry friends – the beret-wearing Lil’ Goat, bow tie-adorned Duck, cosy-sweatered Alpaca and bobble-hatted Hedgehog – wearing their designer Christmas gifts from the farmer and his wife, and strutting through the snow to the Eve and Gwen Stefani track Let Me Blow Ya Mind.The farmer asks his wife: “Did you buy all the farm designe
  
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• Asos launches subscription rental service with Hirestreet in biggest UK collaboration

  30-10-2024 13:28 via retailgazette.co.uk
  
  Asos has expanded its tie-up with Hirestreet to launch a new subscription rental service for shoppers in what it dubbed “the biggest retailer-rental collaboration the UK market has seen to date”.
  Hirestreet subscribers will be able to rent five garments per month for £75, and can choose from more than 20,000 Asos products.
  Asos and Hirestreet have previously collaborated on a rental service, last year available across 180 of the fashion giant’s womenswear products. Relate
  
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• Deichmann pulls in record UK sales despite ‘many challenges’ last year

  30-10-2024 13:18 via retailgazette.co.uk
  
  Deichmann pulled in its strongest ever UK sales in 2023, despite facing “many challenges” over the year.
  Revenue reached £139.1m at the footwear retailer’s UK arm, marking a 14% rise on 2022 levels.
  Online sales were also up 14% for the period, as Europe’s largest shoe retailer invested additional funds into marketing to improve brand awareness.
  Deichmann UK managing director Simon Wilson said: “2023 saw many challenges for Deichmann in the UK but also a lot o
  
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• Next profits poised to top £1bn for first time

  30-10-2024 09:48
  
  UK retail bellwether raises outlook for third time in three months on the arrival of colder weather
  
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• Next ups profit outlook as cold weather helps sales soar

  30-10-2024 09:22 via retailgazette.co.uk
  
  Next upped its profit guidance for the year again as sales jumped in its third quarter due to the early cold snap.
  Sales at the chain rose 7.6% from last year for the 13 weeks to 26 October,  2.6% above its guidance for the quarter.
  Next said the performance was driven by the early arrival of colder weather this year, versus an unusually warm September and early October last year.
  Total UK sales climbed 5.8% for the period, while total UK online revenues were up almost 8%. Related StoryAdid
  
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• Next ups full year profit guidance to £1 billion after strong autumn trading

  30-10-2024 09:05 via theretailbulletin.com
  
  Next has announced that its full price sales were better than expected in its third quarter as it increased its full year profit guidance to over... View Article
  
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• [ Report ] Consumer attitudes to digital receipts 2024

  30-10-2024 08:37 via theretailbulletin.com
  
  Yocuda’s platform provides retailers with the tools to IDENTIFY & ENGAGE with 100% of their in-store customers and to continue the customer conversation post-purchase driving sales,... View Article
  
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• The surge of Phygital Experiences: Merging physical and digital in B2B

  30-10-2024 08:36 via theretailbulletin.com
  
  Comment: Vipul Aggarwal, CRO, BetterCommerce We live in an era where the lines between the physical and digital worlds are blurring, and nowhere is this more... View Article
  
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• Adidas ends dispute with Kanye West following years of lawsuits

  30-10-2024 08:35 via retailgazette.co.uk
  
  Adidas has reached an agreement with Kanye West, wrapping up all legal proceedings, according to the sportswear giant.
  It comes after Adidas and West, who is known as Ye, have been involved in multiple lawsuits over the last two years after the sportswear brand scrapped a partnership with the artist due to antisemitic comments he made in 2022.
  Speaking on a conference call on Tuesday, Adidas CEO Bjorn Gulden said: “There isn’t any more open issues, and there is no… money going
  
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• 2025 is almost here – are your loyalty strategies ready to keep pace?

  30-10-2024 08:05 via retailgazette.co.uk
  
  With customer expectations increasingly focused on personalised and engaging rewards, 79% of businesses are planning to revamp their loyalty programs soon. This report highlights the top loyalty trends shaping 2025 – helping you move beyond basic earn-and-burn models.
  Discover how industry leaders like Burger King, Starbucks, and Walmart are leveraging strategies like subscription-based loyalty and AI-driven experiences to set new standards – and see how your brand can stay ahead.
  Yo
  
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• West Ham United launches festive pop-up at John Lewis, Westfield Stratford

  30-10-2024 07:58 via theretailbulletin.com
  
  The West Ham United football club has launched a pop-up shop at the John Lewis department store at Westfield, Stratford. The surprise opening on Tuesday lunchtime... View Article
  
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• Dreams opens new premium concept store in East Sheen

  30-10-2024 07:43 via theretailbulletin.com
  
  Dreams has opened a new small format concept store in London’s East Sheen. A first of its kind for the bed and mattress retailer, the 4,000... View Article
  
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• The Range and Wilko owner launches recruitment drive for new distribution centre

  30-10-2024 07:30 via theretailbulletin.com
  
  CDS Superstores, the owner of The Range and Wilko, has opened a new state-of-the-art distribution centre in Suffolk. Situated in Stowmarket, the warehouse is the largest in the... View Article
  
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• Shop prices ease in October as BRC urges government to use Budget to help retailers keep prices low

  30-10-2024 07:20 via theretailbulletin.com
  
  The British Retail Consortium has stated that shop price deflation was 0.8% in October, down from 0.6% deflation in the previous month. This was below the... View Article
  
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