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-
Election 2024: Potential impacts on the UK retail market
Prime Minister Rishi Sunak has announced a general election to be held on 4th July, a move that could significantly impact the retail market in the... View Article -
SPAR Launches SPARaoke – The nation’s first convenience store karaoke competition
This summer promises to be the definitive season of sports, and for convenience stores, it’s the biggest retail moment outside of Christmas. SPAR, the nation’s local... View Article -
How town centres are recovering from the fall of Debenhams
via theguardian.comFormer Debenhams stores across the UK are being reinvented, with a dizzying array of new uses – but only a third of the sites are now occupied by retailersScience labs, parks, health centres and community arts hubs, lecture halls, bowling alleys and even a submarine training centre.Former Debenhams stores across the UK are being reinvented with a dizzying array of new uses as councils and landlords battle to fill millions of square feet of space left empty after the demise of the departmen -
Yoox Net-a-Porter exits China to focus on more profitable markets
Luxury ecommerce platform’s decision comes at a time of weaker economic momentum in the mainland -
UK supermarket sandwich recall: full list of products
via theguardian.comSuppliers are recalling various sandwiches, wraps and salads in response to an E coli investigation• Supermarket sandwich supplier issues recall amid UK E coli outbreakThe Food Standards Agency has said several suppliers to major retailers are taking the precautionary measure of recalling various sandwiches, wraps and salads in response to findings from investigations into an ongoing E coli outbreak.Greencore, which supplies supermarkets including Asda, Morrisons and Sainsbury’s, is r -
Debenhams relaunches ‘Designers at Debenhams’
Debenhams has brought back its ‘Designers at Debenhams’ programme as it continues to grow its fashion offering.
The online department store said the relaunch will “honour the brand’s rich heritage while embracing contemporary collaborations and present-day muses”.
It claimed the programme allowed designer fashion to be more accessible to a broader audience and noted the initative had played a pivotal role in the careers of Julian MacDonald and Henry Holland of -
Debenhams re-launches ‘Designers at Debenhams’
Debenhams has brought back its ‘Designers at Debenhams’ programme as it continues to grow its fashion offering.
The online department store said the relaunch will “honour the brand’s rich heritage while embracing contemporary collaborations and present-day muses”.
It claimed the programme allowed designer fashion to be more accessible to a broader audience and noted the initative had played a pivotal role in the careers of Julian MacDonald and Henry Holland of -
Tesco boss says he is ‘well paid’ as investors back £10mn package
Shareholder vote on Ken Murphy’s pay comes as executive remuneration is in the spotlight -
WaterAid and the Wimbledon Foundation ‘make a racket’ about clean water
WaterAid and the Wimbledon Foundation took over a tennis court at The All England Lawn Tennis Club to create a giant mosaic. It took a team... View Article -
Waitrose relaunches premium No.1 range
Waitrose has relaunched its premium own-brand No.1 range with nearly 200 new and improved products.
The upmarket grocer has refreshed its packaging for the line and introduced 130 new items to the range, which are being launched in stores between June and October.
It has also updated and improved a further 40 items, bringing the total No.1 range to over 600 products.
The premium range now includes ready meals, dips, pasta sauces, coffee, desserts, bakery items, as well as fresh meat and fish.Sub -
The Perfume Shop enhances bottle recycling scheme
As part of its ongoing commitment to sustainability and reducing its carbon footprint, The Perfume Shop has introduced upgraded recycling units across all stores, aiming to... View Article -
Sainsbury’s completes transformation of flagship Cobham Superstore
Sainsbury’s has taken its Cobham supermarket to the next level after completing a project to upgrade the entire store. Today longtime loyal customer and friend of... View Article -
Superdry shareholders back £10mn lifeline to stave off insolvency
Struggling retailer says approval is ‘crucial step’ for its survival -
Superdry shareholders approve rescue plan
Superdry shareholders have voted in favour of the fashion retailer’s rescue proposals, which it said means it will now avoid insolvency.
Shareholders have green lit the retailer’s plans for a £10m equity raise, which will be underwritten by founder Julian Dunkerton, and a delisting from the London Stock Exchange.
It said investors had opted to implement the placing, which “provides greater comfort that the company will have sufficient liquidity headroom to implement its t -
BREAKING: Superdry shareholders approve rescue plan
Superdry shareholders have voted in favour of the fashion retailer’s rescue proposals, which it hopes will stave off insolvency.
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Aldi invests £90m in store upgrade programme
Aldi is investing more than £90m on store improvements this year as it looks to ensure the “shopping experience is on a par with the high-quality products”.
Over 30 of the discounter’s stores will undergo refurbishments this summer, while more than 100 are set to receive upgrades later this year.
Aldi said the changes will vary at store level but include providing more space to shop and introducing energy efficient features, such as installing doors on fridges and us -
Tesco faces criticism as chief’s pay more than doubles to nearly £10m
via theguardian.comShareAction charity to ask why boss’s pay is so high when it claims some staff do not receive real living wageBusiness live – latest updatesThe UK’s biggest supermarket chain Tesco will face criticism over its chief executive’s near £10m pay deal at its annual shareholder meeting on Friday.The campaign group ShareAction is planning to question why Murphy’s pay has more than doubled to £9.9m including bonuses, when some of those working in its supermarket -
Tesco boss says he is ‘well paid’ as investors vote on £10mn package
Shareholder vote on Ken Murphy’s pay comes as executive remuneration is in the spotlight -
Tesco CEO insists new marketplace is ‘not trying to be Amazon’
Tesco’s chief executive has said the supermarket is not trying to replicate Amazon with its new marketplace, which launched earlier this month.
The boss said: “The primary focus of marketplace is to build out and extend the range of food, food related and home products available to customers – so to be very clear, we are not trying to be Amazon.”
“We are not trying to be all things to all people.”
He explained that the grocer is making “all of those nich -
Tesco makes strong start to new financial year
Tesco has seen its retail sales increase by 3.4% on a like-for like basis to £15.3 billion in its first quarter as it experienced strong volume... View Article -
Debenhams expands offering as it relaunches Quiz online
Quiz has relaunched online at Debenhams, with over 600 items from the fashion retailer available as part of the new tie-up.
Quiz said it was previously “one of the most prominent fashion brands” in the Debenhams portfolio prior to the popular retailer falling into administration back in 2020.The move comes as Debenhams continues its efforts to introduce new brands to its marketplace as part of its ongoing strategic focus on fashion, beauty and home.
The retailer told Retail Week tha -
Interview: How Asos is banking on a summer of stylish sport to drive growth
There’s no denying it’s been a tough few years for Asos. Since the online boom of the pandemic died down, it has grappled with the resurgence of physical retail, fierce competition from the likes of Shein and pinched wallets amid the ongoing cost-of-living crisis.After pulling in an almost £300m full-year loss last year, the online retailer has been in turnaround mode, clearing stock and resetting its commercial model to focus on profitability. But now the retailer has its eye -
Missoma chooses Victoria Leeds for second permanent UK store
Jewellery brand Missoma has chosen Victoria Leeds for the opening of its second permanent store this summer. The 2,250 square foot boutique will showcase the brand’s... View Article -
Tesco ‘well-positioned’ as it grows market share and maintains guidance
Tesco has strengthened its market share and maintained its profit guidance for the year, after reporting a 4.6% rise in underlying UK sales for the first quarter.
As a result, the UK’s biggest grocer has kept its forecast for retail adjusted operating profit of at least £2.8bn ($3.6bn) for 2024/25, up from £2.76bn in 2023/24.
“We’ve continued to build momentum in the business, with strong volume growth across the UK, Republic of Ireland and Central Europe supported -
Tesco grows market share and sales in first quarter
Tesco has strengthened its market share and maintained its profit guidance for the year, after reporting a 4.6% rise in underlying UK sales for the first quarter.
As a result, the UK’s biggest grocer has kept its forecast for retail adjusted operating profit of at least £2.8bn ($3.6bn) for 2024/25, up from £2.76bn in 2023/24.
“We’ve continued to build momentum in the business, with strong volume growth across the UK, Republic of Ireland and Central Europe supported -
Wolford names new chief executive
Wolford has announced that Regis Rimbert is to become chief executive of the business on 14 June. Appointed for a period of three years, he will... View Article -
Asda sets up ‘Nanzones’ to combat loneliness and help the over 65s to watch Euro 2024 together
Asda is launching ‘Nanzones’ in three of its stores to help elderly people to gather, socialise and enjoy the Euro 2024 football tournament. In a bid... View Article -
‘Poundland Perks’ rewards app launches in 62 stores in Scotland
Poundland is rolling out its pilot rewards app to 62 stores in Scotland following a trial in 43 shops on the Isle of Wight and in... View Article -
M&S launches guide to help colleagues with caring responsibilities
To mark National Carers Week, Marks & Spencer has launched a new guide to help support staff who have caring responsibilities. Aimed at colleagues working in... View Article -
General election: What the Conservative, Labour and Lib Dem manifestos mean for retail
The Conservatives, Labour, and Liberal Democrats have unveiled their manifesto this week ahead of the General Election on 4 July, with some policies having a host of implications for retail.
From scrapping business rates to tackling retail crime, Retail Gazette compares the manifesto of the rival parties.
Labour
Conservative
Lib DemsBusiness rates
• Replace the business rates system in England• Cap corporation tax at 25% for the entire parliament.• Retain permanent full expensing
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