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-
Can Marks and Spencer really be a go-to fashion destination?
via ft.comBritain’s favourite retailer had a reputation for mid-life mum basics, not trends — but an image makeover seems to be under way -
Joybuy to shake up shopping calendar with Summer Black Friday promotion
Joybuy will be launching a Summer Black Friday promotion next week, which it says will be built around competitive pricing, a broad brand selection, and fast... View Article -
Tesco sends robot cleaners into 600 Express stores
Tesco is rolling out autonomous cleaning robots across 600 Express stores, taking repetitive cleaning tasks off shopfloor staff.
It partnered with cleaning technology firm ICE on what the pair claim is the first deployment of its scale in the UK convenience sector.
The machines are designed to work alongside Tesco colleagues rather than replace them, taking on routine floor cleaning so store teams can spend more time serving customers and managing day-to-day shop operations.
ICE said the robots -
Victoria’s Secret faces shareholder showdown as Brett Blundy pushes to oust chair
Victoria’s Secret is facing a boardroom showdown with Australian billionaire Brett Blundy as the lingerie giant prepares for a shareholder vote that could test confidence in its turnaround strategy.
Blundy’s investment firm BBRC International, which owns around 13 per cent of the US-listed retailer, is calling for shareholders to vote against the re-election of long-serving chair Donna James at Victoria’s Secret’s annual meeting on Thursday.
The campaign is the latest esc -
WH Smith shares nosedive as travel chaos triggers second profit warning
WH Smith has slashed its profit forecast for the second time in two months and raised around £106m in fresh equity, as now-ongoing travel disruption and weaker consumer spending hit its airport-led business.
Shares in the travel retailer plunged by almost 20 per cent at one stage on Wednesday, hitting their lowest level in nearly 16 years, after the group warned that passenger numbers and customer spend remained under pressure.
WH Smith, which now focuses on travel locations following the -
M&S drops prices of 65 everyday food products
M&S has dropped the prices of over 65 everyday food products to take its investment in lowering food prices to £30 million so far this year.... View Article -
Frasers Group launches near £1.7bn takeover bid for Hugo Boss
Frasers Group has launched a near £1.7bn takeover offer for Hugo Boss as Mike Ashley’s retail empire looks to take full control of the German fashion brand.
The Sports Direct owner, which is already Hugo Boss’s biggest shareholder with a 26.06 per cent stake, has offered €38 per share in cash for the remaining shares in the business.
The offer represents a 4.3 per cent premium to Hugo Boss’s closing share price of €36.44 on Wednesday and values the remaining 73. -
Primark hires IKEA deputy CFO Lucy Slinger ahead of standalone move
Primark has today announced the appointment of Lucy Slinger as chief financial officer, strengthening its leadership team ahead of becoming a standalone business.
Slinger joins from Ingka Group, the largest IKEA franchisee, where she served as deputy CFO. Ingka operates across 32 countries, giving Slinger experience in another major international retail and consumer business.
Before joining Ingka, she spent more than two decades at Shell in senior finance roles spanning financial reporting, corp -
[eBook] The delivery growth engine
How 12 ecommerce brands fixed the delivery headaches your growth team can’t solve yet. More traffic won’t fix a checkout that makes delivery feel risky. More... View Article -
ASOS non-exec director to step down
ASOS has announced that its non-executive director Christine Cross will not be seeking re-election at the company’s next annual general meeting. This is expected to take... View Article -
Blue Diamond Partners with Diddly Squat Farm on exclusive retail range
Blue Diamond Garden Centres has teamed up with Jeremy Clarkson’s Diddly Squat Farm in an exclusive retail partnership. The partnership will see Diddly Squat Farm develop... View Article -
Mike Ashley’s Frasers offers to buy Hugo Boss in €2.7bn deal
via ft.comRetail billionaire could use bid to increase stake in German fashion group rather than taking full control -
M&S unveils bigger new Tottenham Court Road store
M&S has opened a larger store on London’s Tottenham Court Road, replacing its previous site, which closed on Monday. Situated closer to the underground station, the... View Article -
Co-op names popular content creator “first-ever” Wine Ambassador
Co-op has named online content creator Liam D’Arcy (known online as The Wine Wally) as its first official Wine Ambassador.
The collaboration aims to inspire shoppers by giving them more confidence to explore “new and exciting wines” over the summer.
As part of the partnership, The Wine Wally will offer Co-op shoppers top tips and recommendations tailored to key summer moments through point of sale and store radio content as well via website content and social channels.
Co-op me -
Wex Photo Video unveils new rebrand
Photography retailer Wex Photo Video has undergone a rebrand, shifting from a “product-focused retailer to an experience driven destination” for content creators.
Wex Photo Video partnered with independent creative agency Mynt to refresh its brand narrative, rebuild its messaging framework and create an overarching creative platform.
Its new platform is designed around human connection, service and expertise and aims to resonate with its professional consumer base and emerging creato -
Side hustle to skillset: Can retail’s D2C help solve the youth unemployment challenge?
The UK’s youth employment outlook is becoming increasingly concerning. New data from the Office for National Statistics outlines that the number of young people not in... View Article -
Wilkinson Sword’s Jonathan Norman on tapping into F1 cultural phenomenon
Wilkinson Sword and Atlassian Williams F1 Team have partnered together to launch a new fan first brand platform.
Titled ‘Partners in Smooth’ the marketing drive introduces Wilkinson Sword’s Blade Master as Atlassian Williams F1 Team’s “first-ever” Director of Smooth.
The ‘Blade Master’ teams up with Atlassian Williams’ team principal James Vowles to support the teams drivers Carlos Sainz, Alex Albon and Luke Browning become race ready.
It fe -
Secret Sales reveals rebrand, eyes off-price dominance as inventory tops £7bn
Lifestyle Retail Group has rebranded as Secret Sales Group after reporting a 41 per cent rise in like-for-like gross merchandise value.
The off-price retail group said the move reflected the growing scale and recognition of Secret Sales, which has become its flagship brand across Europe.
The business, which operates in seven European markets, said its total available inventory had risen 124 per cent year on year and now exceeded £7 billion in retail value.
Its recent acquisitions also con -
Amazon opens Northampton fulfilment centre as £1bn county investment ramps up
Amazon opened a new fulfilment centre in Northampton and revealed plans for a second site in nearby Kettering as its investment in the county topped £1 billion.The ecommerce giant said the two developments would create more than 4000 jobs across Northamptonshire.
Amazon described the Northampton site as one of its most advanced logistics operations in the UK, with tens of millions of items stored across three floors of robotics.
The planned 900,000 sq ft Kettering fulfilment centre is exp -
Footasylum launches new store in Merthyr Tydfil, Wales
Footasylum is opening a new store in Merthyr Tydfil, Wales on 11 June.
The 4,000 sq ft store, which is located in Cyfarthfa shopping park, will expand the shoe retailer’s UK footprint and continue its investment in physical retail.
The new store, which brings the footwear giant to Merthyr Tydfil for the first time, will see 25 new jobs created in this retail location.
The Merthyr Tydfil store will showcase a selection of on-trend footwear, apparel and accessories, reflecting Fo -
Joybuy to transform new UK marketplace just months after launch
Joybuy is set to open its UK site to third-party brands just three months after launching in Britain, as JD.com looks to ramp up its challenge to Amazon and Argos.
The company, which is owned by Chinese retail giant JD.com, launched in the UK in March with more than 100,000 products across categories including technology, home appliances, beauty, homeware and groceries.
Joybuy currently sells own-brand and directly sourced products, but is now preparing to introduce a curated marketplace featuri -
Sigma Healthcare confirms early-stage talks to snap up Boots
Sigma Healthcare has confirmed it has held early-stage talks over a potential acquisition of Boots.
The Australian pharmaceutical wholesaler and retailer said it “continuously reviews opportunities” that could create shareholder value, but stressed there was no certainty that any deal would go ahead.
The confirmation followed a Financial Times report that Sigma was among potential bidders for Boots in a sale process that could value the British health and beauty retailer at about $1 -
WHSmith shares tumble 19% as retailer announces capital raise
via ft.comLondon-listed company warns of profit hit from Iran war as it announces roughly £100mn equity raise -
WHSmith partners with Solum to roll out ESLs
WHSmith has partnered with digital transformation firm Solum to enhance travel retail via electronic shelf label (ESL) solutions across the retailer’s UK travel stores.
The initiative will start with high-footfall locations including WHSmith’s recently opened flagship stores at Heathrow Airport.
The rollout supports WHSmith’s flagship stores across Heathrow Terminals 3, 4 and 5 as part of a broader deployment across the its travel retail network.
It is designed to s -
WHSmith issues profit warning and announces capital raise
WHSmith has issued a profit warning and announced a capital raise as it reported on its revenue performance for the 14 weeks to 6 June. Total... View Article -
Amazon opens new Northampton fulfilment centre as part of £1bn investment
Amazon has opened a new fulfilment centre in Northampton and announced plans for a second site in nearby Kettering. The two developments will take the retailer’s... View Article -
WHSmith shares tumble 17% as retailer announces capital raise
via ft.comLondon-listed company warns of hit to profits from the Middle East conflict -
WHSmith shares tumble 16% as retailer announces capital raise and slashes profit forecast
via ft.comLondon-listed company warns of hit to earnings from the Middle East conflict -
Lifestyle Retail Group rebrands as Secret Sales Group
Secret Sales owner Lifestyle Retail Group has rebranded as Secret Sales Group. The group said the move reflects the success of the Secret Sales brand at a... View Article -
Lidl invests £500m in British berry industry
Lidl is investing £500 million in the British berry industry to help increase the volume of UK grown berries. The sum reflects the value of the... View Article
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