Frasers has upped its stake in Currys from 10.4% to 11.1% as the pair start discussions about a possible tie-up.
The Mike Ashley-owned group increased its shares on Monday as part of its “strategic investment” into the electricals retailer.
Currys chief executive Alex Baldock revealed last week that begun talks with the retail group.
He said: “This is a potentially interesting partnership. There are a number of avenues that we’re exploring.”Subscribe to Retail Gazet
✗ Close categories
Addiction
Apple
Arts
Asia News
British Airways
Business
Cars
Celebrity
Christianity
Cinema, Theater & TV
Conspiracy Theories
Coronavirus
Ebola
Economy
Education
Electronics
Entertainment
Environment
Fashion
Finance
Food
Funny videos
Gadgets
Games
General News
Health
International Crime
Jobs
Lifestyle
Military
Mindfulness
Movies
Music
News videos
NewsPhoto
Nightlife
Obituaries
Olympics
Organized Crime
Politics
Psychology
Recipes
Royal Family
Sci-Tech
Science
Social media
Sport
Technology
Television
Thames Deckway
Traffic
Travel
Trending UK
UK News
UnitedHealth Group Inc.
Weather
World News
✗ Close categories
✗ Close categories
✗ Close categories
Arsenal
Aston Villa
Athletics
Badminton
Baseball
Basketball
Blackburn Rovers
Blackpool
Boxing
Burnley
Cardiff City
Champions League
Chelsea
Cricket
Crystal Palace
Cycling
Darts
Everton
Formula 1
Formula 1 - Force India Videos
Formula 1 - Infiniti Red Bull Racing Videos
Formula 1 - Live Stream & News
Formula 1 - McLaren Videos
Formula 1 - Mercedes AMG Petronas Videos
Formula 1 - Sauber F1 Team Videos
Formula 1 - Scuderia Ferrari Videos
Formula 1 - Scuderia Toro Rosso Videos
Formula 1 - Team Lotus Videos
Formula 1 - Williams Martini videos
Fulham
Golf
Hockey
Horse Racing
Hull City
Ice Hockey
Leicester City
Liverpool
Manchester City
Manchester United
Middlesbrough
Motorsport
Norwich City
Philadelphia Phillies
Premier League
Queens Park Rangers
Rally
Reading
Rowing
Rugby
scarlets rugby
Soccer
Southampton
Stoke City
Sunderland
Swansea City
Swimming
Tennis
Tottenham
Tour de France
Volleyball
WC soccer 2014
Welsh Rugby Union
West Ham
Wigan Athletic
Wolverhampton Wanderers
✗ Close categories
✗ Close categories
✗ Close categories
...test
Aberdeen City
Aberdeenshire
Antrim
Aylesbury Vale
Barking and Dagenham
Barnet
Barnsley
Basildon
Bath and North East Somerset
Belfast
Bexley
Birmingham
Blackburn with Darwen
Bolton
Bournemouth
Bradford
Brent
Brighton and Hove
Bristol
Bromley
Bury
Calderdale
Cambridge
Camden
Cardiff
Central Bedfordshire
Cheshire East
Cheshire West and Chester
Cornwall
County Durham
Coventry
Croydon
Derby
Doncaster
Dudley
Ealing
East Riding of Yorkshire
Edinburgh
Enfield
Essex
Gateshead
Glasgow
Greater London
Greenwich
Hackney
Hammersmith and Fulham
Haringey
Harrow
Havering
Herefordshire
Hillingdon
Hounslow
Hull
Islington
Kirklees
Lambeth
Leeds
Leicester
Lewisham
Liverpool
London
Luton
Manchester
Medway
Merton
Milton Keynes
New Forest
Newcastle
Newcastle upon Tyne
Newham
North Somerset
North Tyneside
North West
Northampton
Northern Ireland
Northumberland
Nottingham
Oldham
Oxford
Peterborough
Plymouth
Portsmouth
Redbridge
Richmond upon Thames
Rochdale
Rotherham
Salford
Sandwell
Scotland
Sefton
Sheffield
Shropshire
Solihull
South East
South Gloucestershire
South West
Southampton
Southend-on-Sea
Southwark
St Helens
Stockport
Stockton-on-Tees
Stoke-on-Trent
Sunderland
Sutton
Swindon
Tameside
Tower Hamlets
Trafford
Wakefield
Wales
Walsall
Waltham Forest
Wandsworth
Warrington
West Midlands
Westminster
Wigan
Wiltshire
Wirral
Wolverhampton
York
✗ Close categories
✗ Close categories
✗ Close categories
Harry Styles
Aaron Taylor-Johnson
Adele
Ashley Cole
Benedict Cumberbatch
Billie Piper
Boris Johnson
Charlie Hunnam
Cliff Richard
David Beckham
DJ 3lau
DJ Above & Beyond
DJ Afrojack
DJ Alesso
DJ Aly & Fila
DJ Andrew Rayel
DJ Angerfist
DJ Armin Van Buuren
DJ Arty
DJ ATB
DJ Audien
DJ Avicii
DJ Axwell
DJ Bingo Players
DJ Bl3ND
DJ Blasterjaxx
DJ Borgeous
DJ Borgore
DJ Boy George
DJ Brennan Heart
DJ Calvin Harris
DJ Carl Cox
DJ Carnage
DJ Code Black
DJ Coone
DJ Cosmic Gate
DJ Da Tweekaz
DJ Dada Life
DJ Daft Punk
DJ Dannic
DJ Dash Berlin
DJ David Guetta
DJ Deadmau5
DJ Deorro
DJ Diego Miranda
DJ Dillon Francis
DJ Dimitri Vegas & Like Mike
DJ Diplo
DJ Don Diablo
DJ DVBBS
DJ Dyro
DJ Eric Prydz
DJ Fedde Le Grand
DJ Felguk
DJ Ferry Corsten
DJ Firebeatz
DJ Frontliner
DJ Gabry Ponte
DJ Gareth Emery
DJ Hardwell
DJ Headhunterz
DJ Heatbeat
DJ Infected Mushroom
DJ John O'Callaghan
DJ Kaskade
DJ Knife Party
DJ Krewella
DJ Kura
DJ Laidback Luke
DJ Madeon
DJ MAKJ
DJ Markus Schulz
DJ Martin Garrix
DJ Merk & Kremont
DJ Mike Candys
DJ Nervo
DJ Nicky Romero
DJ Noisecontrollers
DJ Oliver Heldens
DJ Orjan Nilsen
DJ Paul Van Dyk
DJ Porter Robinson
DJ Quentin Mosimann
DJ Quintino
DJ R3hab
DJ Radical Redemption
DJ Richie Hawtin
DJ Sander Van Doorn
DJ Sebastian Ingrosso
DJ Showtek
DJ Skrillex
DJ Snake
DJ Steve Angello
DJ Steve Aoki
DJ Tenishia
DJ The Chainsmokers
DJ Tiddey
DJ Tiesto
DJ TJR
DJ Umek
DJ Ummet Ozcan
DJ Vicetone
DJ VINAI
DJ W&W
DJ Wildstylez
DJ Wolfpack
DJ Yves V
DJ Zatox
DJ Zedd
DJ Zomboy
Emilia Clarke
Emily Blunt
Gabriella Wilde
Gary Lineker
Gemma Arterton
Gwendoline Christie
Hayley Atwell
Helena Bonham Carter
Imogen Poots
Jason Statham
John Terry
Juno Temple
Kate Beckinsale
Kate Winslet
Keira Knightley
Liam Payne
Lily Collins
Louis Tomlinson
Niall Horan
Nicholas Hoult
Paul McCartney
Prince William
Ralph Fiennes
Richard Branson
Robbie Williams
Robert Pattinson
Rosamund Pike
Sophie Turner
Theo James
Tom Hardy
Tom Hiddleston
Tony Blair
Tyree Cooper
Wayne Rooney
Zayn Malik
✗ Close categories
✗ Close categories
✗ Close categories
Accountancy
Administration
Advertising
Aerospace
Agriculture
Analyst
Animals
Antiques
Archaeology
Architecture
Arts
Astrology
Astronomy
Auto News
Automotive
Aviation
Bakery
Biotechnology
Brazil
Cabaret
Call Centre
Car News
Care
Catering
Charities
Chemistry
Child care
Cinema, Theater & TV
Cleaning Industry
Coaching
Construction
Customs
Dairy industry
Dance & ballet
Debt collection agencies
Defense
DJ
Economy
Education & Training
Electrical
Entrepreneur
Farming & Agriculture
Financial
Firefighter
Fisheries
Flowers
FMCG
Food
Fruit & Vegetables
Genealogy
General News
Government
Hair stylist
Hotel
HR & Recruitment
ICT
Insurance
IT Executive
Jobs
Justice
Landscaper
Lawyer
Legal
Library
Logistics
Marketing
Meat industry
Medical Industry
Mining
Nurse
Online Trends
Pharmaceutical Industry
Pharmacy
Physical therapy
Police
Political
PR Public relations
Production & Industry
Project Management
Psychology
Public Transport
Publisher
Real estate
Research & Development
Restaurant
Retail
Sales & Marketing
Security
SEO
Shipping
Social work
Sustainable Energy
Teacher
Telecom
Tourism
Traditional Energy
Transport
Travel Industry
Web Design
✗ Close categories
✗ Close categories
-
Frasers ups stake in Currys
-
Hugo Boss profits climb amid turnaround attempt
Hugo Boss saw profits rise in its latest full year results amid its turnaround effort.
The retailer’s EBIT was up 8% to £337.9m over the year, as it shot up 22% over the fourth quarter.
Currency-adjusted sales increased 2% during the year to £3.7bn, while Q4 revenues grew 7%.
The German clothing specialist saw growth of 9% and 2% throughout Europe, the Middle East and Africa (EMEA) for its fourth quarter and full year respectively.
Additionally, it pulled in 6% growth in the Am -
OpenAI pulls back from in-chat shopping as ecommerce reality bites
OpenAI has scaled back its plans to turn ChatGPT into a fully integrated shopping destination, marking a significant shift in its ambitions to reshape online commerce.
The AI giant had previously launched an ‘Instant Checkout’ feature that allowed users to browse products and complete purchases directly within the ChatGPT interface. The initiative, unveiled last September, was developed in partnership with ecommerce platforms including Shopify and Etsy, with retailers such as Walmart -
B&Q launches paint recycling trial in bid to tackle UK’s 34 million litre waste problem
B&Q has launched a new paint recycling trial across several UK stores as part of an industry-wide initiative aimed at tackling the country’s growing decorative paint waste problem.
The retailer has joined the PaintCare programme, an initiative developed by the British Coatings Federation, which aims to significantly increase the reuse and recycling of leftover decorative paint and packaging.
The UK currently generates an estimated 34 million litres of waste decorative paint each year, -
Wickes adds buy now, pay later option for customers
Wickes has expanded payment options for its trade customers through a new partnership with Billie, allowing tradespeople to buy materials and pay later.
The retailer said TradePro customers can now pay invoices within 30 or 60 days, interest-free, after receiving real-time approval at checkout.
The service is available online and through the Wickes TradePro app, with options for home delivery or click-and-collect.
Once the approval process is completed during checkout, customers can begin using -
The Perfume Shop launches scent sanctuary for National Fragrance Week
The Perfume Shop is launching a “scent sanctuary” this month in celebration of National Fragrance Week.
The scent sanctuary consists of a “sensorial pop-up designed to restore energy, inspire calm and sharpen focus through the power of perfume,” according to the retailer.
The event, which will take place at Noho Showrooms on Great Titchfield Street, London, will open with an exclusive preview for media and influencers on 19 March.
Customers and VIP members from The Perfum -
Waitrose deploys AI route optimisation to improve delivery efficiency
Waitrose has partnered with AI specialist Satalia to optimise its home delivery network, improving delivery slot availability while cutting delivery mileage across its fleet.
The retailer has implemented Satalia’s AI-powered route optimisation platform across its grocery delivery operations, enabling more efficient planning of delivery routes and schedules.
The technology analyses variables including traffic conditions, vehicle capacity and delivery time windows in real time to generate th -
Target, Sephora and Wayfair among retail brands dominating early ChatGPT ad trials
Retail and grocery brands are dominating early advertising activity on ChatGPT, according to new data from app analytics firm Sensor Tower.
As OpenAI enters the fourth week of trialling ads on its flagship chatbot, retail and grocery promotions account for 44 per cent of all ad impressions served on the platform, making them the largest category by a significant margin.
Retailers including Target, Sephora and Wayfair are among the brands already experimenting with the ne -
Review: Customer Centric Retail 2026
With mounting economic pressures and impressive recent technological advances there are growing tensions for retailers as they seek to deliver great customer service while maximising efficiency... View Article -
Merseyside Police partners with Retail Trust to tackle abuse against shop workers
Merseyside Police has become the first police force in the UK to partner with charity Retail Trust to tackle escalating levels of abuse, violence and intimidation against shop workers.
The initiative will see retail staff across Liverpool city centre receive specialist de-escalation training delivered by the Retail Trust alongside enhanced support from local police officers.
As part of the programme, around 500 shop workers will gain access to the charity’s dedicated wellbeing and support -
Retail among UK’s ‘riskiest’ industries to work in as accidents rise
Retail has been named one of the riskiest industries to work in the UK, according to a new workplace risk index analysing accident rates, enforcement action and employee wellbeing.
The study from iHasco found that retail and construction jointly ranked as the UK’s riskiest sectors to work in for 2026, each scoring 85 out of 90 on its ‘Risk Index’.
The ranking analysed the latest workplace safety data from the Health and Safety Executive alongside a survey of UK businesses, asse -
Wet weather impacts February retail sales
Retail sales growth slowed in February as the month’s wet weather hit consumer spending. According to the British Retail Consortium, UK total retail sales increased by... View Article -
Zalando launches new campaign with brand ambassador Lily Collins
Zalando has launched a new spring/summer campaign featuring Lily Collins as its first global brand ambassador. The campaign sees the Golden Globe nominated actress and Emily... View Article -
Saks Global to shut an additional 15 stores
Saks Global has announced the closure of an additional 12 Saks Fifth Avenue and three Neiman Marcus locations as part of a planned optimisation of its... View Article -
[ WEBINAR ] Hidden legal risks every online retailer needs to know
Selling online opens up new opportunities to reach customers and scale your retail business. However, without solid legal foundations, everyday decisions can put you at risk... View Article -
Coca-Cola unveils “bold” new track for football World Cup 2026
The Coca-Cola Company has unveiled a new anthem for the FIFA World Cup 2026.
The song, which is performed by singer J Balvin, singer-songwriter Amber Mark, guitarist Steve Vai and drummer and producer Travis Barker, is a reimagining of Van Halen’s 1980s hit Jump. The new version uses “modern textures and high-impact production”.
It was released via Real Thing Records in collaboration with Capitol Records.
The official music video, part directed and designed by McFlyy, premiered -
Guinness spotlights Premier League fans in new campaign
As part of its Premier League sponsorship, Guinness has unveiled a new campaign for Guinness Foreign Extra Stout.
The marketing drive aims to put “real” Premier League fans at the heart of the story and strengthen brand recognition of Guinness as the official beer of the Premier League across “key” markets, including Africa and Asia.
Devised by creative agency VML UK, the campaign features a documentary-style hero spot, directed by Arthur Neumeier.It was shot in Kenya us -
AI is rewriting the rules of ecommerce discovery, but that hinges on trust
Retailers have spent years refining the digital shopping journey, optimising search, polishing product pages and investing heavily in performance marketing to capture consumer attention at the point of intent. But increasingly, that intent is being shaped before a shopper ever reaches a retailer’s website.
Artificial intelligence is fast becoming the new shop window to retail discovery. Consumers are turning to tools such as ChatGPT, Gemini and other AI-powered assistants to compare produc -
In pictures: House of Fraser rebrands to Frasers and launches Cat Deeley edit
House of Fraser has rebranded to Frasers and launched a spring edit with television presenter Cat Deeley.
As part of its rebrand, the retail giant has teamed up with Deeley to be the face of its 2026 spring campaign, which marks the brand’s first collaboration since entering its new era.
The 100-piece edit, which has been hand-selected by Deeley, spans womenswear, footwear, accessories, kids, home and beauty. The collection is live in-store and online on frasers.com.
The edit feature -
Lily Collins stars in her first Zalando campaign
Online shopping platform Zalando has unveiled its new summer campaign featuring Emily in Paris star Lily Collins, celebrating Europe’s “diverse fashion” during the warmer months.
Devised by creative agency W+K Amsterdam, the marketing drive is part of the retailer’s ‘What Do I Wear’ platform.
The spot follows Collins as she finds hidden coves, squeezes onto a packed terrace and finds somewhere to sit in a crowded square.
Collin was recently appointed glob -
Saks Global to axe 15 more shops amid restructuring
Saks Global is reportedly set to close 15 more stores as part of its restructuring.
The luxury department store retailer announced on 6 March that it would be shutting 12 Saks Fifth Avenue shops as well as three Neiman Marcus stores.
The news comes after nine shop closures had previously been announced.
Saks Global CEO Geoffroy van Raemdonck said: “This strategic optimisation is part of our ongoing transformation and rooted in our long-term view of our business.
Although the business said -
UK businesses urged to prepare for EU agri-food trade reset
UK food and farming businesses are being urged to start preparing for a new trade agreement with the European Union that ministers say could cut red tape, lower costs and revive exports to Britain’s biggest trading partner.
Today (9 March), environment secretary Emma Reynolds said the planned Sanitary and Phytosanitary (SPS) agreement aims to simplify trade between the UK and the EU by cutting paperwork and inspections that have slowed exports since Brexit.
Ministers say the deal could hel -
PAY360 2026: Shaping the Future of Payments
PAY360 2026, the largest event dedicated to the global payments ecosystem, will take place on 24–25 March 2026 at ExCeL London. Hosted by The Payments Association,... View Article -
John Lewis bets on AI-powered shopping and TikTok Shop in £800m investment
John Lewis today announced that it is accelerating its digital transformation with a major investment in AI-powered shopping and social commerce, as the retailer looks to position itself at the forefront of the next wave of omnichannel retail.
The department store chain has revealed plans to integrate its product catalogue with AI discovery platforms such as ChatGPT and Google Gemini, enabling shoppers to discover (and eventually purchase) John Lewis products directly through AI-powered apps.
Th -
BCC warns ending low-value import tax break could push up prices
Ending the UK’s tariff exemption on low-value imports could drive up prices for consumers and create new pressures for small businesses, the British Chambers of Commerce (BCC) has warned, as it urged the government to take a phased approach to scrapping the “de minimis” rules.
The government plans to remove the customs duty exemption on imports worth less than £135, meaning these goods will become subject to tariffs. The reform is not expected to take effect until March 2 -
John Lewis partners face anxious wait over first bonus since 2022
John Lewis Partnership staff are set to discover this week whether they will receive their first annual bonus since 2022, as the employee-owned retail group prepares to unveil its full-year results on Thursday.
The business, which operates the John Lewis department store chain and Waitrose supermarket arm, will report its performance for the year to January and is expected to use the update to confirm whether partners will once again miss out on the traditional payout.
The annual bonus, once one -
John Lewis invests in TikTok Shop launch and AI-powered shopping
John Lewis has launched a 90-day TikTok Shop trial in the run-up to Mother’s Day. It is also planning to invest in AI-powered shopping as part... View Article -
Neptune doubles full year profit
Neptune has reported a doubling of profit in its 2024/25 financial year following its new strategy focused on design and product excellence, the customer experience, and... View Article -
Ending UK customs relief on low-value imports could push up prices, BCC says
Business group warns of harm to small firms and trade as it calls for phased end to ‘de minimis’ exemptionsRemoving the UK’s tariff exemption for low-value imports could push up prices and harm small companies and trade, a leading business group has said, as it called for a phased-in approach to ending the “de minimis” rules.The UK government plans to end the tax break on imports of goods worth less than £135, making them subject to customs duty, with the chan -
[ EVENT ] CDO Retail Exchange 2026
CDO Retail Exchange 2026 brings together 70 senior retail data, analytics and AI leaders who are under pressure to move beyond pilots and deliver commercial impact.... View Article
Follow @retailuknws on Twitter!

