Retail news

• Are Data and AI Retail’s Secret Weapon?

  14-03-2025 18:08 via theretailbulletin.com
  
  How AI is transforming UK Retail. The return of the Victoria’s Secret fashion show in October is a major cultural moment for the brand, capturing the... View Article
  
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• The Perfume Shop reports 0% median gender pay gap in 2024

  14-03-2025 17:37 via theretailbulletin.com
  
  The Perfume Shop, the UK’s largest specialist perfume retailer, is proud to report a 0% median gender pay gap in its Gender Pay Gap Report 2024,... View Article
  
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• Asda chair Allan Leighton’s four point game plan

  14-03-2025 16:44 via retailgazette.co.uk
  
  Asda chair Allan Leighton has laid down his game plan for turning around the UK’s third biggest grocer and “regaining customers’ trust”.
  The supermarket chain saw its like-for-like sales slide 3.4% last year as consumers headed elsewhere for their weekly grocery shop. It was also the only grocer to see its sales fall over the crucial Christmas trading period, according to Kantar.
  Leighton, who labelled the results “disappointing”, is fronting an Asda transform
  
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• Waitrose confirms locations of new convenience stores

  14-03-2025 16:13 via retailgazette.co.uk
  
  Waitrose has confirmed the locations of the first two convenience stores it is opening this year, alongside proposals to refurbish 20 of its existing stores under its £1bn investment plan.
  The upmarket grocer will launch new Little Waitrose shops in Southwick, West Sussex and St Andrews, Bristol before the end of the summer, The Grocer reported. Further new site locations will be unveiled during the year.
  The stores are the first new sites confirmed by the supermarket as owner John Lewis P
  
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• Screwfix to open 35 new stores by January 2026

  14-03-2025 16:05 via retailgazette.co.uk
  
  Screwfix is planning to open 35 more stores across the UK and Ireland by the end of January 2026.
  The retailer said the new shops, which will create more than 400 jobs, will mostly comprise of its new small-format Screwfix City concept.
  The stores located in higher footfall areas offer a range of more than 3,000 essential products via click and collect, with an additional 48,000 items available online for next day collection.
  Screwfix opened seven City stores during its last financial year after
  
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• Asda to invest in price cuts to battle drop in sales and market share

  14-03-2025 15:22
  
  Supermarket chain’s sales drop 1% to £21.7bn despite food price inflation of 3% for most of 2024Business live – latest updatesAsda is to invest “a pretty significant war chest” in cutting prices and putting more staff on the shop floor as the supermarket chain battles a decline in sales and market share.Allan Leighton, the chair of the privately owned group that runs more 580 supermarkets, almost 500 convenience stores and 769 petrol forecourts, said there would be
  
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• Asda warns of material profit hit after ‘disappointing’ annual sales

  14-03-2025 15:02
  
  Chief executive says supermarket needs significant investment to get it ‘firing on all cylinders’
  
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• Asda warns on softer profits as it ramps up turnaround efforts

  14-03-2025 15:01 via retailgazette.co.uk
  
  Asda has warned that its profits for the upcoming year will take a hit as it ramps up spending on its turnaround efforts.
  Chair Allan Leighton said the supermarket chain will be undertaking a “substantive and well backed programme of investment in price, availability and the shopping experience” in the year ahead.
  He cautioned the spend will “materially reduce our profit in this year as we start to rebuild and reset the business”.
  “I look at this as an investment wa
  
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• Asda warns of softer profits as it ramps up turnaround efforts

  14-03-2025 15:01 via retailgazette.co.uk
  
  Asda has warned that its profits for the upcoming year will take a hit as it ramps up spending on its turnaround efforts.
  Chair Allan Leighton said the supermarket chain will be undertaking a “substantive and well backed programme of investment in price, availability and the shopping experience” in the year ahead.
  He cautioned the spend will “materially reduce our profit in this year as we start to rebuild and reset the business”.
  “I look at this as an investment wa
  
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• Cox & Cox appoints managing director

  14-03-2025 12:13 via theretailbulletin.com
  
  Cox & Cox has appointed Jan Duckworth as its new managing director. The news comes as the luxury homewares brand looks ahead to a new period... View Article
  
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• ProCook Named One of the UK’s Best Workplaces™ 2025

  14-03-2025 10:07 via theretailbulletin.com
  
  ProCook, the UK’s leading kitchenware specialist, is proud to announce its ranking as 61st in the prestigious list of the UK’s Top 100 Large Companies to... View Article
  
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• In pictures: H&M Home unveils refurbished Regent Street concept store

  14-03-2025 08:49 via retailgazette.co.uk
  
  H&M has unveiled its newly refurbished Home flagship on London’s Regent Street as the fashion giant continues its store upgrade programme.
  The retailer said its 700 sqm store “embodies contemporary design, warmth and inspiration” and described it as “a paradise for all interior and home lovers”.
  The flagship features a new refined design concept, with a blend of creamy whites, light wood and black accents alongside stone textures, stainless steel and chrome.
  Cus
  
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• Harvey Norman expands UK presence with new store and headquarters in the West Midlands

  14-03-2025 08:48 via theretailbulletin.com
  
  Harvey Norman, the retailer of furniture, bedding, technology and electrical appliances, has chosen Sutton Coldfield’s Gracechurch Centre as the location for a new store and UK... View Article
  
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• How Lloyds Bank and Sue Ryder are using fashion and community to drive change

  14-03-2025 08:42 via theretailbulletin.com
  
  When businesses are driven by values, they create meaningful partnerships that make a real impact. A conversation with Sarah Tickner (née Baker) … At The Retail... View Article
  
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• Shein boss confirms IPO plans

  14-03-2025 08:30 via retailgazette.co.uk
  
  Shein has publicly confirmed plans to float on the stock market for the first time, with the London Stock Exchange thought to be the preferred location.
  Executive chairman Donald Tang told The Times that he wanted the fashion giant “to embrace the…accountability and transparency of being a public company”.
  Tang refused to comment on the timing, valuation and destination of a listing, but stated that Shein would list “whenever it’s appropriate”.
  “When yo
  
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• Aldi signs armed forces covenant to support ex-military colleagues

  14-03-2025 07:50 via theretailbulletin.com
  
  Aldi has become a signatory of the Armed Forces Covenant as mark of its respect and support for former military personnel. The supermarket offers a range... View Article
  
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• Decathlon teams up with Pure Gym to offer more accessible fitness

  14-03-2025 07:36 via theretailbulletin.com
  
  Sporting goods retailer Decathlon has teamed up with Pure Gym as part of the brands’ shared ambition to provide customers with accessible and high quality fitness... View Article
  
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• Q&A: Women working in property and retail

  14-03-2025 07:31 via theretailbulletin.com
  
  In the run-up to International Women’s Day, The Retail Bulletin spoke to women leaders about their views on working in the property and retail sector. How... View Article
  
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• Can a French department store do it better?

  14-03-2025 06:00
  
  Printemps is bringing an unlikely retail concept to an art deco landmark in lower Manhattan
  
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• ‘Zero conversations’ about London IPO valuation, says Shein boss

  14-03-2025 01:01
  
  Donald Tang says management of fast-fashion retailer has yet to discuss price tag ahead of long-planned flotation
  
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