Retail news

• More than meatballs: Ikea opens its first UK standalone restaurant in London

  01-11-2024 19:15
  Diners hail ‘great price’ of dishes at Swedish furniture chain’s food outlet next door to its Hammersmith storeIts meatballs are as famous as its flatpack furniture, with a meal in one of its restaurants often the highlight of an Ikea trip.Now shoppers can enjoy an Ikea meal without lugging around their kitchen sink – literally – as the furniture company has opened its first standalone restaurant on the UK high street in King Street in Hammersmith. Located next door
  
  Read more

• UK supermarkets using multibuy deals to encourage sales of meat, study finds

  01-11-2024 19:03
  Exclusive: about one in five offers involve meat and dairy and one in ten processed meat despite known health risksSupermarkets are using multibuy promotional deals to encourage shoppers to buy meat and processed meat, despite the products being linked to a heightened risk of cancer, research reveals.Almost one in five (18%) of multibuy offers in major British supermarkets involve meat and dairy products, and one in ten (11%) processed meat such as ham, bacon and sausages. Continue reading...
  
  Read more

• Directors’ Deals: Company chiefs rush to sell shares

  01-11-2024 19:00
  £655mn in board members’ stakes sold in the past three months
  
  Read more

• Watch: Debenhams launches star-studded 2024 festive campaign

  01-11-2024 14:27 via retailgazette.co.uk
  
  Debenhams has released its star-studded Christmas campaign for 2024, titled “Duh, Debenhams”.
  Depicting a light-hearted take on the typical festive frenzy, the department store’s 30 second hero advert shows the retailer as the ultimate destination to ease seasonal shopping stress.
  The campaign, produced by creative communications agency Exposure, encourages shoppers to question why they endure the crowds when they can enjoy a hassle-free experience at Debenhams.
  The ad features
  
  Read more

• Advertisement

• Watch: Argos debuts 2024 Christmas advert starring brand mascots Connie and Trevor

  01-11-2024 14:23 via retailgazette.co.uk
  
  Argos has released its Christmas advert for 2024, starring brand mascots Connie the doll and Trevor the dinosaur.
  Produced with the help of director Michael Gracey, the campaign shows how the retailer can “fulfil customers’ festive dreams no matter what they are”.
  The advert, which goes live tonight (1 November) at 7:45pm, shows Trevor living out his dream as a rock star and performing his own cover of T-Rex’s classic hit ’20th Century Boy’ on top of a Marshal
  
  Read more

• Boohoo appoints insider as chief executive in snub to Mike Ashley

  01-11-2024 12:31
  Fast-fashion retailer names Debenhams chief Dan Finley as its new boss amid row with sportswear tycoon
  
  Read more

• Comment: Bring back paper-based catalogues

  01-11-2024 11:57 via theretailbulletin.com
  
  Something disappointing dropped through my letterbox the other week. The renowned curer of salmon, East London-based H. Forman & Son, dispatched a letter announcing that it... View Article
  
  Read more

• Watch: John Lewis spotlights gifts range in new ad campaign

  01-11-2024 10:43 via retailgazette.co.uk
  
  John Lewis has released its second series of ads in its three-part Christmas campaign for this year.
  The department store’s second chapter ‘Give Knowingly’ spotlights the retailer’s gifts range as it looks to reinforce the business as the “home of gifting”.
  The campaign, created by Saatchi & Saatchi, consists of eight films that will run across TV, BVOD, digital, social, large-scale out of home and print campaign, social media and radio.
  Set to the backdro
  
  Read more

• Advertisement

• Next debuts premium online retailer Seasons

  01-11-2024 09:56 via retailgazette.co.uk
  
  Next has rolled out its premium online fashion platform, Seasons, selling a selection of oremium and luxury brands.
  The website launch, which was announced in September, seeks to build on the success of the retailer’s Reiss acquisition, which it now owns 74% of.
  Next is planning to grow its third-party business by creating a dedicated ecosystem for higher-end labels, including Ganni, Marc Jacobs and Tory Burch.
  The platform says it is seeking to build long-term relationships with the brand
  
  Read more

• Selfridges losses double despite sales hike

  01-11-2024 09:34 via retailgazette.co.uk
  
  Selfridges losses more than doubled in its latest annual results, despite witnessing a sales hike.
  Filings for Cambridge Retail Group Holding, which is owned by Central Group and Saudi Arabia’s Public Investment Fund, showed pre-tax loss hit £340m for the year to 3 February, compared to £126m losses the year prior.
  However, sales soared 95% to £1.6bn for the company, partly due to a rise in its finance bill including interest paid on borrowings.
  The parent company said it
  
  Read more

• Boohoo appoints new group chief executive

  01-11-2024 08:45 via theretailbulletin.com
  
  Boohoo has appointed Dan Finley as as its new group chief executive. A former JD Sports executive, he is currently chief executive of Boohoo Group’s Debenhams... View Article
  
  Read more

• Boohoo shuns Mike Ashley and names Debenhams boss as new CEO

  01-11-2024 08:44 via retailgazette.co.uk
  
  Boohoo has named Debenhams boss Dan Finley as its new CEO, ignoring shareholder Mike Ashley’s demands to be put at the helm of the online fashion group.
  Finley has served as Debenhams CEO since 2022, and was previously multichannel of JD Sports for 10 years.
  The exec has “deep expertise in driving the growth of online businesses,” according to Boohoo, having “delivered unprecedented digital growth” at JD Sports.
  Finley said: “I am excited at the opportunities
  
  Read more

• IKEA opens its first standalone restaurant on a UK high street

  01-11-2024 08:20 via theretailbulletin.com
  
  The IKEA home and furniture retailer has opened its first standalone restaurant on a UK high street in London’s Hammersmith. Previously housing a Wasabi restaurant, the... View Article
  
  Read more

• Temu faces EU action over alleged illegal products

  01-11-2024 08:19 via retailgazette.co.uk
  
  The EU has launched action against marketplace giant Temu over fears it is failing to stop the sale of illegal goods.
  A formal investigation has been launched today (31 October) with the European Commission, with the governing body claiming it had numerous concerns Temu was breaching the new Digital Services Act (DSA).
  One concern raised was that the etailer, which was hit with legal action over “manipulative practices” in May, did not have sufficiently robust systems to prevent
  
  Read more

• Sainsbury’s sells Argos credit cards portfolio to NewDay Group

  01-11-2024 08:15 via theretailbulletin.com
  
  Sainsbury’s is selling its Argos Financial Services cards portfolio to NewDay Group as part of its strategy to focus on its core retail business. With the... View Article
  
  Read more

• Reiss to join line-up at Metrocentre

  01-11-2024 08:00 via theretailbulletin.com
  
  Gateshead’s Metrocentre will add the Reiss fashion brand to its line-up later this month. The brand will open a 3,933 square foot space in the scheme’s... View Article
  
  Read more

• ebay to launch live shoppable light installation at Outernet London

  01-11-2024 07:55 via theretailbulletin.com
  
  eBay is launching an immersive display in London’s West End that promotes private selling and allows people to shop pre-loved items across the categories of luxury,... View Article
  
  Read more

• Q&A: Vikram Saxena, founder and CEO at BetterCommerce

  01-11-2024 06:57 via theretailbulletin.com
  
  Here we have a Q&A with Vikram Saxena, founder and CEO at BetterCommerce, who is a self-taught programmer and has been leading successful IT services companies... View Article
  
  Read more

• [Interview] Vikram Saxena, founder and CEO at BetterCommerce By Glynn Davis

  01-11-2024 06:57 via theretailbulletin.com
  
  Vikram Saxena, founder and CEO at BetterCommerce is a self-taught programmer and has been leading successful IT services companies since 2007 He established BetterCommerce in 2016... View Article
  
  Read more

• Watch: Sainsbury’s debuts BFG Christmas advert

  01-11-2024 01:01 via retailgazette.co.uk
  
  Sainsbury’s has debuted its Christmas advert for 2024, starring beloved Roald Dahl character the BFG alongside its real-life supermarket worker, Sophie.
  The advert opens with the BFG slicing up an infamous “snozzcumber” from the children’s book, while he fantasises about tastier alternatives, such as “prawn coat-tails, beef welly-boot, wigs in blankets”.
  The camera then pans to the giant, who asks: “Hey Sainsbury’s, how can we make this Christmas a
  
  Read more

Follow @retailuknws on Twitter!