Retail news

• Why does Asda terrify stock market investors? | Nils Pratley

  19-03-2025 18:43 via theguardian.com
  Markets could be overreacting to supermarket price war fears as Tesco, Sainsbury’s and M&S shares slide It normally takes something big to knock 13% off Tesco’s share price – a profits warning, say, or a 2014-vintage accounting scandal. This is the UK’s largest supermarket chain by a distance, after all, and a business that runs on rails now that it has sold most of its foreign adventures to concentrate on the day job.Yet 13% is the fall in Tesco’s shares since
  
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• Topshop teases high street comeback with Soho treasure hunt

  19-03-2025 17:24 via retailgazette.co.uk
  
  Topshop has teased fans once again with the launch of a new activation in London’s Soho, suggesting a potential return to the high street.
  The British fashion giant has teamed up with London-based artist Russ Jones to unveil “We Missed You Too,” an interactive art installation and treasure hunt acknowledging its loyal following.
  Jones, known for his text-based mirror installations, has created 21 unique mirrors featuring messages from Topshop fans. The brand’s response? A
  
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• Waitrose poaches Sainsbury’s loyalty boss

  19-03-2025 17:17 via retailgazette.co.uk
  Waitrose has poached Sainsbury’s director Alex Lovell to be its new head of loyalty ahead of the upmarket grocer’s relaunch of MyWaitrose.
  Lovell has spent the last 11 years at Sainsbury’s as its head of loyalty, head of brand growth, and most recently as customer director for its Smart Charge EV business.
  She will report into Waitrose’s customer director Nathan Ansell and will be responsible for all elements of loyalty, The Grocer reported. Related StoryRetail pay 2025:
  
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• Holland & Barrett Partners with WeDonate

  19-03-2025 17:08 via theretailbulletin.com
  
  Holland & Barrett pledges to help the nation get blood donation ready as stocks reach critically low levels. Holland & Barrett, the UK’s leading health and... View Article
  
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• Yodel expands wellbeing partnership with Retail Trust

  19-03-2025 17:02 via theretailbulletin.com
  
  Independent parcel carrier Yodel has reinforced its partnership with the Retail Trust, the industry charity dedicated to safeguarding the health and happiness of retail workers through... View Article
  
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• Zara does not belong on the sales rack

  19-03-2025 15:55
  
  Investors who tossed Inditex out of their shopping baskets may have been too hasty
  
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• Space NK to open largest store outside of London in Birmingham

  19-03-2025 14:11 via retailgazette.co.uk
  
  Space NK is set to open its largest store outside London in Birmingham’s Bullring Shopping centre as part of its ongoing UK expansion plans.
  Scheduled to open this summer, the beauty retailer’s 84th store will span 4356 sq ft across two levels.
  Space NK said the new store will include a dedicated consultation area for makeup and skincare, alongside play tables so that customers can take a seat either independently or with a member of the team to discover new products. Related StorySp
  
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• AI and US tariffs expected to fuel fresh surge in secondhand fashion sales

  19-03-2025 14:00 via theguardian.com
  
  Use of hi-tech search tools enables shoppers to find items they want, while trade war pushes up prices of new clothesArtificial intelligence will spur on sales of secondhand clothing, according to the boss of one of the biggest online resale sites, after global sales rose 15% last year – more than four times faster than the wider market.Pre-loved clothing items now account for $227bn (£175bn) or 9% of total fashion sales, according to a report by analysts at GlobalData for online the
  
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• Boots extends Advantage Card points to Uber Eats and Deliveroo

  19-03-2025 13:16 via retailgazette.co.uk
  
  Boots shoppers will now be able to earn Advantage Card points from purchases made using Uber Eats and Deliveroo
  The health and beauty giant’s customers using the apps are able to earn one point per £1 spent by entering their Advantage Card number at the checkout, The Grocer reported.
  Points are issued based on item prices only and do not take delivery or service fees into account.
  Boots chief digital officer Paula Bobbett said: “We are delighted to be able to add additional ben
  
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• Data: Shein named fastest growing fashion retailer for 2024

  19-03-2025 12:37 via retailgazette.co.uk
  
  Shein was reported as the fastest growing retailer in terms of market share in the global apparel market for 2024.
  The brand’s market share was up 0.24 percentage points to 1.53%, driven by its low pricing and fast reaction to fashion trends, according to GlobalData.
  The rise came despite ongoing criticism regarding the brand’s labor practices and environmental impact, with two cases of child labour recently found at its suppliers.
  Although Nike was the biggest retailer overall with
  
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• Ann Summers expands in the Middle East

  19-03-2025 12:34 via theretailbulletin.com
  
  Ann Summers is expanding into the Middle East through a partnership with Liwa Trading Enterprises. The lingerie retailer said the move will help it to build... View Article
  
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• Ann Summers plots Middle East expansion

  19-03-2025 12:18 via retailgazette.co.uk
  Ann Summers is planning to expand into the Middle East through a new partnership with Liwa Trading Enterprises.
  The tie-up will see the retailer’s lingerie products available in the United Arab Emirates (UAE), Kuwait, Saudi Arabia, Qatar, Bahrain, and Oman through a franchise and distribution partnership with Liwa.
  Ann Summers’ Knickerbox platform will also launch in the region later this year, featuring the retailer’s products, KBX and selected third party brands. Related Stor
  
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• Superdrug announces plans for 25 new stores in 2025

  19-03-2025 11:41 via theretailbulletin.com
  
  Superdrug is to open 25 new best-in-class stores in 2025 as it looks to extend its reach across the UK. The move means the health and... View Article
  
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• Superdrug to open 25 ‘best-in-class’ new stores in 2025

  19-03-2025 11:21 via retailgazette.co.uk
  
  Superdrug is set to open 25 new stores across the UK this year, expanding its footprint and creating 600 new jobs as part of its ongoing investment in physical retail.
  The health and beauty retailer will focus on large-scale, experience-driven stores, capitalising on growing demand for leisure shopping.
  Superdrug said its top 100 stores saw an 8% increase in footfall in January, reflecting shifting consumer behaviour towards immersive retail experiences.
  The store expansion kicked off with the o
  
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• Conversation with… Cindy Andersen and Rita Accord of Ingka Centres

  19-03-2025 09:27 via theretailbulletin.com
  
  In the run-up to International Women’s Day, The Retail Bulletin team spoke with two of the women leaders behind Ingka Centres, a division of Ingka Group which operates... View Article
  
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• Cornish Bakery explores sale of business

  19-03-2025 09:15 via theretailbulletin.com
  
  Cornish Bakery has appointed advisors at Tamweel to oversee a sale of its 66-strong bakery and coffee shop chain. Founded by Steve Grocutt in a small... View Article
  
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• Retail pay 2025: Who’s top of the league?

  19-03-2025 08:36 via retailgazette.co.uk
  
  Tesco became the latest retailer to unveil its new pay rates for store colleagues this week as it injects £180m into its people package.
  The retailer follows Pets at Home and John Lewis, which revealed pay rises for thousands of employees earlier this month.
  Retail Gazette rounds up and compares the hourly rates at the UK’s leading retailers to find out which is the best paying employer.Lidl cemented itself as the highest paying retail employer this month, as it increased the pay for
  
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• Puma to relocate London flagship store to Oxford Street

  19-03-2025 08:33 via retailgazette.co.uk
  Puma is set to move its UK flagship store from Carnaby Street to a new location on Oxford Street.
  Drapers reported that the German sportswear brand will vacate its Soho store at 52-55 Carnaby Street and relocate to the larger space at 376-384 Oxford Street, according to property sources.
  The flagship store on Carnaby Street opened in August 2023, marking Puma’s continued investment in the UK retail market.
  The brand currently operates 13 stores across the UK and is available at major retai
  
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• Frasers Group revives bid to take control of Norwegian sports giant

  19-03-2025 08:24 via retailgazette.co.uk
  
  Frasers Group has confirmed plans to make a mandatory offer for the remaining shares in Norwegian sportswear retailer XXL ASA, weeks after withdrawing an initial bid.
  The British retail giant has been allocated 21.6 million A-shares in XXL’s fully underwritten rights issue, along with an additional 777,289 A-shares as compensation for its guarantee in the issue.
  This will bring its total stake to 32.9% of all shares and 40.8% of the voting A-shares, surpassing the one-third ownership thres
  
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• Knoops announces raft of senior appointments

  19-03-2025 08:15 via theretailbulletin.com
  
  Knoops has made a raft of appointments to its board and management team as it looks to accelerate UK and international expansion. The chocolate drinks retailer... View Article
  
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• Asda under fire for backtracking on British poultry pledge

  19-03-2025 08:14 via retailgazette.co.uk
  Asda has come under criticism after dropping its commitment to sourcing 100% British chicken across all fresh poultry lines, citing “current supply challenges” in the poultry market.
  The UK’s third-largest supermarket previously pledged—alongside other major retailers—to stock only British chicken in its fresh range. However, it has now confirmed that its Just Essentials line will be sourced from both EU and UK farms.
  An Asda spokesperson told Farming UK the mo
  
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• Co-op extends and deepens partnership with Uber Eats

  19-03-2025 07:42 via theretailbulletin.com
  
  Co-op has announced a three-year extension of its quick commerce partnership with Uber Eats. Since the launch of the tie-up in 2022, the number of Co-op... View Article
  
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• How Home Services Marketplaces Can Capitalise on the £1.6 trillion Global Spend

  19-03-2025 07:00 via theretailbulletin.com
  
   The global home and personal services market represents a £1.6 trillion opportunity, yet less than <2%  of this spend currently flows through online marketplaces. With consumer... View Article
  
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• Sadiq Khan says residents must not ‘dictate’ Oxford Street decision

  19-03-2025 06:00
  London mayor willing to take the ‘flak’ from locals who want to block pedestrianisation
  
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• Co-op extends Uber Eats partnership

  19-03-2025 01:01 via retailgazette.co.uk
  
  Co-op has extended its quick commerce partnership with Uber Eats for another three years, strengthening the convenience retailer’s commitment to rapid home delivery.
  Under the partnership, which started in 2022, the number of Co-op stores where Uber Eats is available has increased to more than 1,300.
  As part of the renewal, the retailer is extending its work with Uber Direct – Uber’s white-label last-mile delivery service, which already offers a delivery service from the retail
  
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