Retail news

• Gucci owner to sell stakes in glitzy Paris properties to PE firm Ardian

  15-01-2025 21:47 via ft.com
  
  Luxury brand Kering seeking to unlock cash for its drive to woo more affluent customers
  
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• NRF review – AI increasingly impacting retail

  15-01-2025 19:14 via theretailbulletin.com
  
  Another New Year and another annual Retail’s Big Show, organised by the National Retail Federation (NRF), in New York City attracting senior retailers and technology providers... View Article
  
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• Interview with Reveal Media, Official Safety Partner of The Retail Bulletin 2025

  15-01-2025 16:52 via theretailbulletin.com
  
  The UK retail sector has been grappling with unprecedented levels of aggression and violence towards retail staff, posing significant concerns for the industry. The Retail Bulletin... View Article
  
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• Co-op launches value campaign in bid to shift customer price perceptions

  15-01-2025 16:14 via retailgazette.co.uk
  
  Co-op has launched a new value campaign to help shift customer and member price perceptions, showing how its members “will always get lower prices on the items they buy the most”. 
  The retailer said “value is a priority for many shoppers” this January, and its campaign seeks to highlight the “significant investments” it has made in reducing prices on over 200 frequently purchased products across its 2,400 convenience stores.
  Co-op’s campaign is also
  
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• Conversation with … Phoebe Cowley

  15-01-2025 16:10 via theretailbulletin.com
  
  Reinventing the creative career in retail photography. “I want AI to do my dishes and wash my sheets, not write my books or create my art... View Article
  
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• Currys turns to automation as national insurance change ‘depresses hiring’

  15-01-2025 16:07
  
  CEO says electrical goods chain has no plans to cut jobs and that retail market ‘perked up’ over festive periodBusiness live – latest updatesCurrys has said it is entering a period of “depressed hiring” and is to bring in more automation after imminent changes to employers’ national insurance.The electrical goods retailer’s plans to install electronic price labelling at 100 stores this year so shelf-edge information can be changed with the press of a but
  
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• Tesco poaches Deliveroo global strategy exec to lead Whoosh

  15-01-2025 16:05 via retailgazette.co.uk
  
  Tesco has hired Deliveroo global strategy chief Francesca Jones to lead its rapid delivery service Whoosh.
  Jones shared on LinkedIn that she had had taken the new head of position at the UK’s largest grocer after spending three years at Deliveroo.
  She joined the delivery platform at the start of 2022 as a global training and operational excellence manager for its on-demand grocery offering Hop before later being promoted to global head of strategy for site operations. Related StoryTesco an
  
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• Currys CEO warns employment law changes could ‘damage’ flexible working

  15-01-2025 15:57 via retailgazette.co.uk
  
  Currys boss Alex Baldock has warned against the “potential unintended consequences” the government faces as it looks to update the UK’s employment laws.
  The chief executive said the proposed reform, which will scrap zero-hour contracts and remove probationary periods to strengthen workers rights from day one, risked “damaging the flexibility that’s so important to colleagues”.
  “The risk is that, far from boosting growth, these employment measures ma
  
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• NikeTown London temporarily closes ahead of ‘grand reopening’

  15-01-2025 15:53 via retailgazette.co.uk
  NikeTown London, the sporting giant’s iconic flagship store on Oxford Street, has temporarily closed its doors as it gears up for a “grand reopening”.
  In a statement on Linkedin, Nike UK director of stores Charmain Mason said: “As we temporarily bid farewell to NikeTown London, a sporting sanctuary of inspiration for the past 25 years, I can’t help but reflect on the countless and extraordinary, events, achievements, sporting superstars, customers it has hosted or b
  
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• Currys says national insurance change has caused period of ‘depressed hiring’

  15-01-2025 12:22
  
  Electrical goods chain also says it intends to bring in more automation, despite market ‘perking up’ over ChristmasBusiness live – latest updatesCurrys has announced it is to bring in more automation and that it is entering a period of “depressed hiring” after changes to employers’ national insurance, though it said the consumer environment “perked up” over the festive period with shoppers snapping up coffee machines and AI-enabled laptops.The elec
  
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• In pictures: On Running takes over Selfridges Corner Shop with new pop-up

  15-01-2025 11:26 via retailgazette.co.uk
  
  The Selfridges Corner Shop is hosting its first pop-up of the year with Swiss sporting brand On.
  The sporting specialist has taken over the ground floor space at the department store’s Oxford Street flagship with an minimal set featuring singer and On brand ambassador FKA Twigs’ The Body Is Art, Part II campaign, which is displayed on digital screens.On general manager for EMEA Bianca Pestalozzi-Houchangnia said: “We’re excited to bring On’s spring and summer 2025 t
  
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• Superdry settles trademark dispute with Manchester City

  15-01-2025 11:19 via retailgazette.co.uk
  
  Superdry has reached a settlement with Manchester City over claims that the football club’s sponsorship deal with beer manufacturer Asahi’s Super Dry infringed its trademark rights.
  The retailer was set to appear in front of the High Court in London on Tuesday (14 January), but the case has been discontinued after the parties reached a deal, The Financial Times reported.
  Superdry filed its legal claim last year, calling for Manchester City to stop showing the beer brand on its sports
  
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• Forward Emphasis Announces Investment in its RegTech Solutions

  15-01-2025 10:14 via theretailbulletin.com
  
  Forward Emphasis Announces Significant Growth in its insurance services and further Investment in its RegTech Solutions as it unveils Bold New Brand and Vision Ireland and... View Article
  
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• Victorian Plumbing well-positioned for growth after ‘year of transformation’

  15-01-2025 09:56 via retailgazette.co.uk
  
  Victorian Plumbing has said it is well positioned for further growth after a year of transformation and adjusted pre-tax profit growth.
  The bathroom retailer reported a 25% rise in adjusted pre-tax profit to £23.1m for the year ending 30 September 2024, with revenue increasing by 4% to £295.7m.
  However, on a like-for-like basis, revenue decreased by 1% after accounting for the short-term impact of its £22.2m acquisition of rival Victoria Plum, completed last May.
  Orde
  
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• Boohoo shareholders urged to reject Frasers’ proposal to remove Mahmud Kamani

  15-01-2025 09:52 via retailgazette.co.uk
  
  Independent proxy advisor Glass Lewis has recommended Boohoo shareholders vote against the resolution at its upcoming general meeting which seeks to remove Mahmud Kamani as a director.
  Glass Lewis said it recognised that the Debenhams owner “has initiated significant actions” in recent months including undertaking the business review, strengthening its balance sheet, and introducing leadership changes.
  Last year, Boohoo Group appointed Dan Finley as its new CEO and promoted non-execu
  
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• ASOS to close US distribution centre to boost profitability

  15-01-2025 09:36 via theretailbulletin.com
  
  ASOS has announced plans to mothball its US distribution centre and to fulfil customer orders in the country from the UK. The move forms part of... View Article
  
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• NI increase will force retailers to raise prices

  15-01-2025 09:31 via theretailbulletin.com
  
  The British Retail Consortium has found that retailers have significant concerns about the outlook for trading conditions over the next 12 months. The results of a... View Article
  
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• NI increase will force retailers to increase prices

  15-01-2025 09:31 via theretailbulletin.com
  
  The British Retail Consortium has found that retailers have significant concerns about the outlook for trading conditions over the next 12 months. The results of a... View Article
  
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• Morrisons scales back Rathbones bakery operations in U-turn on closure plans

  15-01-2025 09:30 via retailgazette.co.uk
  
  Morrisons has announced it will keep its Rathbones bakery in Wakefield partially operational, reversing an earlier decision to close the site entirely.
  Instead, the supermarket chain will scale back operations, focusing on specialist products such as crumpets, pancakes, rolls, and pittas.
  The 28,000sq ft facility will cease production of traditional sliced bread, a decision that follows a strategic review revealed in November. At the time, the retailer had planned to shutter the bakery, initiati
  
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• Morrisons scales back Rathbones bakery operations in closure U-turn

  15-01-2025 09:30 via retailgazette.co.uk
  
  Morrisons has announced it will keep its Rathbones bakery in Wakefield partially operational, reversing an earlier decision to close the site entirely.
  Instead, the supermarket chain will scale back operations, focusing on specialist products such as crumpets, pancakes, rolls, and pittas.
  The 28,000sq ft facility will cease production of traditional sliced bread, a decision that follows a strategic review revealed in November. At the time, the retailer had planned to shutter the bakery, initiati
  
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• Asos to close Atlanta distribution centre in bid to boost profitability

  15-01-2025 09:21 via retailgazette.co.uk
  Asos is set to shut its its main US distribution centre in Atlanta in the second half of the year and to fulfil orders from the UK, which it says will increase profitability and improve speed to market for its products.The online fashion giant intends to put its Atlanta site, which has undergone a warehouse automation project since 2017, up for sale after its closure later this year.
  Asos noted seven employees would be directly affected, while third-party logistics partners would “make ef
  
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• Frasers Group confirms two-thirds of retail workers remain on zero-hours contracts

  15-01-2025 09:18 via retailgazette.co.uk
  
  Frasers Group has confirmed that two-thirds of its retail staff remain on zero-hours contracts ahead of new legislation aimed to limit their use.
  The retail giant, which was recently booted from the FTSE 100, told MPs examining the proposals to improve protection for workers that 11,500 staff members remained on the contracts and were not given any compensation even if shifts were changed at the last minute.
  Additionally, MPs on parliament’s business and trade select committee were told th
  
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• Currys lifts profit guidance after ‘strong peak trading’

  15-01-2025 09:07 via retailgazette.co.uk
  
  Currys has raised its profit outlook for the year after boss Alex Baldock hailed “strong peak trading” over the crucial Christmas trading period with a 2% rise in UK underlying sales as consumers bought more laptops and mobile phones.
  As a result, the electricals giant now expects its full year adjusted pre-tax profit to come in ahead of consensus expectations at around £145m to £155m, up 23% to 31% year-on-year.
  UK and Ireland sales rose 2% for the 10 weeks ended 4 Janua
  
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• Currys hails strong peak trading

  15-01-2025 08:52 via theretailbulletin.com
  
  Currys has reported strong peak trading with like-for like revenue up 2% in the 10 weeks to 4 January. This included a 2% rise in the... View Article
  
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• Boots launches new “Savvy Savers” campaign

  15-01-2025 07:57 via theretailbulletin.com
  
  Boots has launched a new value marketing campaign called Savvy Savers as it looks to tempt people to spend money on health and beauty products after Christmas. Filmed... View Article
  
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• The Entertainer appoints chief operating officer

  15-01-2025 07:32 via theretailbulletin.com
  
  The Entertainer has appointed former John Lewis Partnership group supply chain director, Mark Robinson, as its new chief operating officer. He will join the toy retailer... View Article
  
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• Watch: Boots targets ‘Savvy Savers’ in new campaign

  15-01-2025 01:01 via retailgazette.co.uk
  
  Boots is targeting the “savvy savers” in its new value marketing campaign.
  The playful 30-second advert captures the excitement of customers as they share their recent purchases and the savings they have made.
  Set inside photo booth mechanic, the voiceover reinforces this message with the line, “Now that’s the smile of a savvy saver, the beam of bagging another bargain.”
  The campaign runs until 11 February across TV, VOD, digital audio, DOOH, print, YouTube and soci
  
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• BRC: Two-thirds of retailers to hike prices ahead of NI increase

  15-01-2025 01:01 via retailgazette.co.uk
  
  Retailers have been left feeling pessimistic about trading conditions for 2025 as they prepare to increase prices in response to rising National Insurance costs, the British Retail Consortium has reported.
  The trade committee surveyed 52 CFOs from leading retailers and only 13% said they were optimistic or very optimistic about trading conditions over the next 12 months.
  The biggest concerns, which appeared in over 60% of respondents, were falling demand for goods and services, inflation for goo
  
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