Retail news

• Dick’s deal with Foot Locker is a risky retail two-step

  15-05-2025 20:20 via ft.com
  
  The cash offer of $24 a share represents a 65 per cent premium to Foot Locker’s 90-day average
  
  Read more

• Is Burberry’s job-slashing shake-up enough to save the troubled brand?

  15-05-2025 18:05
  ‘Lacklustre’ designs and a slowdown in the luxury goods market have taken a heavy toll on the British fashion labelThis week’s news that Burberry is cutting 1,700 jobs after a 117% fall in profits is, of course, terrible for affected employees around the world – including 170 at its West Yorkshire trenchcoat factory – but did not come as a surprise within the fashion world.Although a slowdown across luxury goods is partly to blame, some of this is Burberry specific
  
  Read more

• The Entertainer unveils biggest-ever price drop

  15-05-2025 17:37 via retailgazette.co.uk
  The Entertainer has unveiled its biggest-ever price drop across hundreds of its best-selling toys and games.
  Prices have been slashed across 784 toys in stores and online, including popular products such as its Hot Wheels 5 cars pack, Minecraft stone sword roleplay toy, and its Mega Bloks first builders big building bag.
  Other best-sellers that have been reduced include its Lego city F1 pit stop & pit crew Ferrari car construction set, Lego Fortnite supply llama construction set, and it
  
  Read more

• Walmart to raise prices despite US-China trade deal

  15-05-2025 17:02 via ft.com
  World’s biggest retailer reports rise in first-quarter sales in face of Trump’s tariffs
  
  Read more

• Advertisement

• Holland & Barrett delivers second consecutive year of double-digit growth

  15-05-2025 17:01 via retailgazette.co.uk
  
  Holland & Barrett is celebrating its second consecutive year of double-digit growth, with boosts to its profit and sales.
  Gross profit for the health and wellness chain soared to £524.2m in the year to 30 September 2024, rising from £475.7m, which it attributed to “significant investment” in its digital transformation strategy.
  Sales were up 10% at £884.5m, compared to £806.1m the year before
  Holland & Barrett credited its performance to its “con
  
  Read more

• Walmart will have to raise prices this month due to Trump tariffs, execs say

  15-05-2025 16:20
  Retailer expects annual sales to continue to rise but ‘we aren’t able to absorb all the pressure’, CEO saysWalmart will have to start raising prices later this month due to the high cost of tariffs, executives said on Thursday.US shoppers will start to see prices rise at the end of May and certainly in June, said John David Rainey, Walmart’s chief financial officer, in a CNBC interview. Continue reading...
  
  Read more

• Insights from the 2025 State of the UK Hourly Workforce Report: Retention [Part Four]

  15-05-2025 14:15 via theretailbulletin.com
  
  The Hidden Cost of High Turnover – Why Retention Should Be Your #1 Priority Why UK Retailers Can No Longer Ignore Retention Retail and hospitality businesses... View Article
  
  Read more

• The Range completes first phase of ex-Homebase conversions

  15-05-2025 13:55 via retailgazette.co.uk
  
  The Range has celebrated an “exceptional” start to 2025 as the business completes the first phase of its former Homebase store conversions.
  The discount giant, which acquired the home and DIY chain and up to 70 of its stores in November, has transformed 55 units into The Range superstores since the start of the year and created over 1,600 jobs.
  The stores feature its ‘Garden Centre by Homebase’ concept and its ‘Kitchens by Homebase’ showrooms are in selected s
  
  Read more

• Advertisement

• Nobody’s Child branches into resale with Ebay and Reskinned

  15-05-2025 13:54 via retailgazette.co.uk
  
  Nobody’s Child is expanding into resale with ecommerce giant Ebay and pre-loved fashion company Reskinned.
  Over the past month, Nobody’s Child has been collecting donations, including pieces from its own team, which are now available for customers to shop exclusively on Ebay with Reskinned.
  The brand said that pairing Ebay’s reach to its millions of customers with Reskinned’s expertise in garment repair, resale and recycling would help extend the lifecycle of its garments
  
  Read more

• Walmart warns US-China tariff deal will not avert price rises

  15-05-2025 13:44 via ft.com
  World’s biggest retailer reports increase in first-quarter sales in face of Trump’s trade war
  
  Read more

• Walmart warns US-China tariff deal will not stop price rises

  15-05-2025 13:15 via ft.com
  
  World’s biggest retailer reports rise in first-quarter sales in the face of Trump’s trade war
  
  Read more

• Watches of Switzerland full-year sales boosted by “strong” second half

  15-05-2025 11:12 via retailgazette.co.uk
  
  Watches of Switzerland delivered a sales uplift during its full-year trading update, as it highlighted “significant performance improvement” in its second half.
  Full year group sales rose 8% year-on-year to £1.7bn for the 52 weeks to 27 April, in line with market expectations. UK and Europe revenue nudged up 2% during the period.
  The chain noted that demand for its key luxury brands remained strong, outstripping supply across its UK and US markets.
  It also highlighted an improv
  
  Read more

• Watches of Switzerland delivers on guidance after improved second half performance

  15-05-2025 10:02 via theretailbulletin.com
  
  Watches of Switzerland has seen its annual revenue climb by 8% in constant currency to £1.65 billion after its performance was boosted by improved trading in... View Article
  
  Read more

• Aldi pledges to stick to British meat import welfare commitments

  15-05-2025 09:58 via retailgazette.co.uk
  Aldi UK and Ireland chief executive Giles Hurley has promised to stick to the discounter’s food safety and welfare standards regardless of whether current regulations are watered down.
  It comes amid concerns that post-Brexit trade negotiations could lead to a weakening of the UK’s import rules which currently prohibit the likes of chlorinated chicken and hormone-treated beef entering the country.
  Hurley said the business was committed to maintain its existing sourcing standards
  
  Read more

• MFI to make high street comeback after almost two decades

  15-05-2025 09:39 via retailgazette.co.uk
  
  Household furniture retailer MFI is set to return to the British high street after nearly two decades since it collapsed into administration.
  Owner Victorian Plumbing said the brand will relaunch in the second half of 2026.
  The bathroom specialist said MFI’s product range fits with its existing customer base and that it will invest £3m into people and property ahead of the brand’s return to market.
  The MFI brand and domain name was acquired by Victorian Plumbing when it snapped
  
  Read more

• B&M names ex-Tesco executive as new CEO

  15-05-2025 09:37 via retailgazette.co.uk
  
  B&M has appointed Tjeerd Jegen as its new chief executive, who has a “strong track record of driving growth and transformation”.
  Jegen will take over the post from Mike Schmidt, the retailer’s chief financial officer who has seen serving as interim CEO, from 16 June.
  He brings over 25 years of retail experience and previously worked held leadership roles at Ahold Delhaize, Metro, Tesco, Woolworths, Hema and Takko Fashion. Related StoryB&M appoints interim CEO as search
  
  Read more

• Victorian Plumbing makes good progress as it prepares to launch “reinvented” MFI homewares business

  15-05-2025 08:58 via theretailbulletin.com
  
  Victorian Plumbing has said it made good first half progress with revenue up 6% to £152.7 million in the six months to 31 March. The bathroom... View Article
  
  Read more

• Evri to merge with DHL UK to form delivery giant

  15-05-2025 08:38 via retailgazette.co.uk
  
  Evri is set to merge with the UK ecommerce business of DHL to form a new delivery giant that will handle more than a billion parcels and letters a year.
  The partnership, subject to regulatory approval, will see DHL Group take a “significant minority stake” in the Apollo owned delivery firm to create the Evri Group.
  The merged company, to be led by Evri’s chief executive Martijn de Lange, will bring together more than 30,000 couriers and van drivers, and 12,000 further workers.
  
  Read more

• Ryman launches ink cartridge recycling scheme

  15-05-2025 08:00 via theretailbulletin.com
  
  Ryman has launched a new scheme where customers can recycle their used ink cartridges in exchange for rewards. The move comes as new statistics revealed by... View Article
  
  Read more

• Weird Fish relocates and upsizes at Affinity Devon

  15-05-2025 07:54 via theretailbulletin.com
  
  The Weird Fish clothing brand has relocated to a bigger store within Affinity Devon. The brand has taken a 2,000 square foot space next to Trespass... View Article
  
  Read more

• Superdrug expands online marketplace to include 60 fashion brands

  15-05-2025 07:36 via theretailbulletin.com
  
  Superdrug has expanded its online marketplace to include a selection of fashion brands as part of plans to offer a cross-category shopping experience. Chosen for their... View Article
  
  Read more

• Rymans launches ink cartridge recycling scheme

  15-05-2025 07:36 via theretailbulletin.com
  
  Ryman has launched a new scheme where customers can recycle their used ink cartridges in exchange for rewards. The launch comes as new statistics revealed by... View Article
  
  Read more

• [ RESOURCE ] A Guide to Unified Commerce: Transforming Retail for the Future

  15-05-2025 07:36 via theretailbulletin.com
  
  In today’s fast-moving retail landscape, customers expect seamless, personalised experiences – anytime, anywhere. Yet, many retailers still operate with disconnected systems that create friction and missed... View Article
  
  Read more

• How Zara’s unorthodox Russian exit left it primed for a return

  15-05-2025 06:00 via ft.com
  
  Inditex put cash into subsidiary before sale for ‘not significant’ sum to company now selling near-identical products
  
  Read more

Follow @retailuknws on Twitter!