Retail news

• Spa Ceylon launches at Superdrug

  17-12-2024 19:10 via theretailbulletin.com
  
  The world’s largest luxury Ayurvedic brand, Spa Ceylon, has officially launched on Superdrug alongside its existing availability on Amazon.co.uk and Spaceylon.co.uk. Known for blending traditional Ayurvedic... View Article
  
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• What retail can learn from the rise of Olivia Rose Pilates and the booming wellness market

  17-12-2024 18:53 via theretailbulletin.com
  
  The wellness and fitness industries are reshaping consumer habits, and Olivia Rose Pilates is a prime example of how brands can capitalise on this growing trend.... View Article
  
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• Morrisons slashes price of festive veg to 10p ahead of Christmas

  17-12-2024 16:12 via retailgazette.co.uk
  
  Morrisons is cutting the price of vegetables used in a traditional Christmas dinner to 10p to allow all customers to enjoy a roast on 25 December.
  Morrisons More Card holders will be able to pick-up 1kg carrots, 500g parsnips, 500g Brussel sprouts and a British whole swede for 10p each from 18 December until 24 December.
  Shoppers will be also able to purchase 2kg of potatoes for half-price, £1.15, until 1 January.
  The supermarket’s category director of produce and horticulture Fraser
  
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• Temu and Shein crowned most popular UK iPhone apps of 2024

  17-12-2024 14:43 via retailgazette.co.uk
  
  Temu and Shein have been named among the most downloaded free iPhone apps of the year in the UK from the Apple Store.
  Temu was crowned the most downloaded iPhone app in the UK, but it also holds the top position in the US, Germany, Spain, Ireland, Australia, South Korea and Mexico.
  Meanwhile in Italy, France and Japan, the Chinese online marketplace is the second most downloaded iPhone app.
  Temu launched in the UK last year, but first kicked off operations in the US in September 2022. It now ser
  
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• Frasers CEO Michael Murray nominated for Hugo Boss board seat

  17-12-2024 12:57 via retailgazette.co.uk
  
  Frasers Group CEO Michael Murray has been nominated for a role on Hugo Boss’ supervisory board as the German retailer unveiled a host of new members today (17 December).
  Hugo Boss said Stephan Sturm will step in as chairman of the supervisory board, replacing Hermann Waldemer, who has held the position since 2020.The fashion brand has also put forward Murray and Andreas Kurali, the former deputy CFO of US tobacco giant Philip Morris International, as candidates for board membership. Gaetan
  
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• Specsavers opens its largest store in Wales at Haverfordwest

  17-12-2024 12:15 via theretailbulletin.com
  
  Specsavers has opened its largest store in Wales at Haverfordwest. Following a £1.2 million relocation to larger premises in the Riverside Shopping Centre, the brand’s new state-of-the-art... View Article
  
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• Land Securities buys Liverpool One shopping centre stake for £490mn

  17-12-2024 11:26 via ft.com
  Chief Mark Allan has bet on the future of flagship malls
  
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• Aldi to invest £650m in UK expansion plans in 2025

  17-12-2024 10:06 via retailgazette.co.uk
  
  Aldi has unveiled plans to invest around £650m across its UK store network next year.
  The German discounter said this includes the development of new stores in Fulham Broadway in London, Billericay in Essex, and Cheadle in Stoke-on-Trent, with the retailer targeting around 30 new store openings in total in 2025.
  This forms part of Aldi’s package of annual investment to accelerate its expansion across the UK’s towns and cities.
  It said “the rate of investment in 2025 conti
  
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• Aldi announces £650 million investment across Britain

  17-12-2024 09:53 via theretailbulletin.com
  
  Aldi has announced that it is to invest around £650 million in accelerating its growth across Britain next year. The funds will be used to develop new... View Article
  
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• Data: Retail industry slashes 225,000 jobs over five years

  17-12-2024 09:45 via retailgazette.co.uk
  
  The retail industry has cut 225,000 jobs over five years, according to the latest figures from the Office for National Statistics (ONS).
  On a four-quarter average, there were 40,000 fewer jobs than last year, and 225,000 fewer than five years ago, the government department found.
  BRC CEO Helen Dickinson explained: “Despite a further fall in the number of retail jobs, the industry remains the largest private sector employer providing approximately 2.9m jobs in the UK, with another 2.7m in t
  
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• Shein mulls sale of less than 10% of firm under London listing

  17-12-2024 09:36 via retailgazette.co.uk
  
  Shein is considering asking UK regulators to refrain from using listing rules that require at least 10% of its shares to be sold to the public through its planned London IPO, according to two insiders.
  According to Reuters, one of these sources said that the fast fashion chain is looking into this option to facilitate its planned London flotation.
  If given the green light, this would likely be the first time a business in London has been permitted to list under the 10% rule, introduced in 2021.
  
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• LØCI pops up on Oxford Street with first physical store

  17-12-2024 09:35 via theretailbulletin.com
  
  LØCI, the luxury vegan trainer and apparel brand, has chosen the Future Stores experiential retail space as the location for its first physical shop. Known for... View Article
  
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• Lush and Gymshark among retailers accused of hiring festive staff without rights

  17-12-2024 09:30 via retailgazette.co.uk
  
  A host of retailers have been accused by unions of using social media apps like TikTok to recruit young Christmas staff on gig contracts with no basic employment rights during the lead up to Christmas.
  Retail giants including Lush, Urban Outfitters, Uniqlo and Gymshark were found to be hiring “freelance” shop assistants via gig apps to work in stores over the festive period, according to The Observer. 
  The apps, which include Temper and YoungOnes, have thousands of UK users and
  
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• The intersection of in-game purchases and retail partnerships in digital etertainment

  17-12-2024 09:00 via theretailbulletin.com
  
  Retail partnerships are becoming a real deal in the digital entertainment world because of their great benefits. As a matter of fact, they have become very... View Article
  
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• Sports Direct expands London footprint with new Westfield White City store

  17-12-2024 08:59 via theretailbulletin.com
  
  Frasers Group has opened a new Sports Direct store at London’s Westfield White City shopping centre. Spanning 29,000 square feet across two floors, the shop will... View Article
  
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• Sports Direct expands footprint in London with new Westfield White City store

  17-12-2024 07:59 via theretailbulletin.com
  
  Frasers Group has opened a new Sports Direct store at London’s Westfield White City shopping centre. Spanning 29,000 square feet across two floors, the shop will... View Article
  
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• Tangle Teezer acquired by BIC

  17-12-2024 07:48 via theretailbulletin.com
  
  UK hairbrush brand Tangle Teezer has been acquired by consumer goods company BIC for €200 million. Launched in 2007, Tangle Teezer offers a patented range of... View Article
  
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• Asda to offer 15p Christmas vegetables this week

  17-12-2024 07:45 via theretailbulletin.com
  
  Asda is cutting prices of key Christmas vegetable lines to 15 pence in the run-up to Christmas. From Thursday 19 December, customers will be able get... View Article
  
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• Why Costco shares are unlikely to end up in the bargain bin

  17-12-2024 06:00 via ft.com
  The $4.8bn in membership fees the big-box retailer took in last year drove most of its profits
  
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