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Ikea pushes back opening of Oxford Street store until 2025
Ikea has pushed back the opening date of its new store in London’s Oxford Street to the spring of 2025. The retailer said its seven-floor renovation... View Article -
Labour’s employment law reforms: what employers in retail, leisure, and hospitality need to know
Labour’s potential victory in the general election in July could usher in the New Deal for Working People, necessitating swift action within the retail, leisure and hospitality sectors... View Article -
Four charts that prove the huge financial pressure many Australian households are under
via theguardian.comFrom people spending less to increasing inequality and money worries even among the affluent, data shows widespread painGet our morning and afternoon news emails, free app or daily news podcastAustralians appear financially resilient, according to many of the major indicators, with indebted households finding creative ways to manage budgets. But just under the surface there are signs of financial stress everywhere, raising questions over how long people can hang on in an environment of elevated -
PrettyLittleThing introduces returns fee
PrettyLittleThing has become the latest retailer to start charging customers to return their orders.
The fashion brand is understood to have introduced a £1.99 fee on 3 June for users to send back their unwanted clothing, which will be deducted from their refund.
The charge also applies to its PLT Royalty members, who pay £9.99 for access to unlimited free delivery for a year.Subscribe to Retail Gazette for free
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PrettyLittleThing introduces £1.99 returns fee
PrettyLittleThing has become the latest retailer to start charging customers to return their orders.
The fashion brand is understood to have introduced a £1.99 fee this week for users to send back their unwanted clothing, which will be deducted from their refund.
The charge also applies to its PLT Royalty members, who pay £9.99 for access to unlimited free delivery for a year.Subscribe to Retail Gazette for free
Sign up here to get the latest news straight into your inbox e -
Amazon hit with £1bn damages claim from retailers over data misuse
Amazon is facing a £1bn damages claim on behalf of retailers selling on its UK marketplace, marking the biggest ever collective action launched by UK retailers.
The claim, which will be filed today, alleges that the ecommerce giant illegally misused the retailers’ data and manipulated the ‘Amazon Buy Box’ to benefit its commercial operation and overall revenues and profit.
The British Independent Retailers Association (BIRA) will file the claim on behalf of retailers at t -
Harrods’ first ESG report sets bold sustainability targets for the future
Harrods, the world-renowned luxury retailer, has released its first-ever Environmental, Social, and Governance (ESG) report, marking a significant milestone in its 175-year history. The report, covering... View Article -
In pictures: Reserved opens Westfield London store
Reserved has opened its fifth London store in Westfield White City and unveiled a new out-of-home marketing campaign as it looks to expand its presence in the capital.
The 1,900 sq m shop spreads across three floors and hosts the fashion retailer’s full range of womens, mens and childrens clothing, as well as its newly launched ‘Welcome to the Club’ collection, which is inspired by “British old heritage sports clubs”.The opening comes after Reserved, which is owned -
Chanel’s creative director Viard to step down
via ft.comLuxury powerhouse yet to name replacement for designer who has spent almost three decades at company -
Morrisons pension strikes suspended after new pay offer
Planned strike action at two Morrisons warehouses has been suspended after the supermarket made a new pay offer.
Around 1,000 employees at the grocer’s warehouses in Gadbrook in Cheshire and Wakefield in West Yorkshire went on strike from 23 to 26 May in a dispute over pensions and take-home pay.
Unite claimed staff were being forced to increase their own pension contributions while Morrisons reduces its by the same amount in a change that would leave workers £500 a year worse off.Su -
AllSaints debuts premium childrenswear collection with Next
AllSaints has teamed up with Next to launch a new premium childrenswear collection, dubbed “SmallSaints”.
The range features 45 clothing pieces for children, including jumpers, dresses and T-shirts, pulling inspiration from the “distinctive aesthetic” of AllSaints, according to Retail Week.
The collection is available in from 4 to 13-years-old on the Next website, with prices starting from £22.
A second 145-piece AllSaints childrenswear range was due to arrive on th -
Amazon expands grocery delivery to all customers and launches member prices
Amazon has bolstered its grocery offer by introducing deliveries to all its customers in eligible cities across the UK and launching member pricing.
Customers in more than 100 towns and cities nationwide can now receive groceries delivered by the ecommerce giant from its own Fresh stores, Morrisons, Co-op and Iceland.
Prime members shopping at Amazon Fresh online and in the 20 stores in London and the southeast will also have access to ‘Prime Member Deals’ – a new programme off -
N Brown Group posts improved profits despite drop in revenue
N Brown Group, the parent company of Simply Be, JD Williams and Jacamo, has posted a drop in full year revenue after facing “challenging” market conditions.... View Article -
Q&A: JD Dillon, Chief Learning Architect at Axonify
JD Dillon is the Chief Learning Architect at Axonify. After 20 years leading Operations and L&D teams within dynamic organisations like Disney, AMC and Kaplan, he’s... View Article -
N Brown targets ‘sustainable growth’ amid weak sales
N Brown said it was targeting sustainable growth after returning to statutory pre-tax profit despite reporting a drop in sales.
The Jacamo and Simply Be owner returned to a pre-tax profit of £5.3m in the 52 weeks to 2 March, up from a loss of £71.1m the year before. On an adjusted basis, pre-tax profits rose to £13.3m.
It came as group sales fell 9.8% from £666m to £600.9m, which it attributed to the “continued challenging market conditions”.
Product rev -
Will Tesco Marketplace work second time around?
Tesco launched a new online marketplace earlier this week, which allows customers to shop thousands of products from third-party brands.
The grocery giant claims the new venture would make the Tesco website a “one-stop shop for everything customers need” once it reaches full scale.
Tesco marketplace director Peter Filcek describes the launch as a “really exciting moment” which will make it “even more convenient for customers to shop at Tesco”.
“We&r -
Boohoo hit with investor lawsuit over modern slavery breaches
Boohoo has been hit with an investor lawsuit in the UK after allegations of modern slavery breaches wiped more than £1bn from its share price.
A group of institutional investors claim the fast fashion giant failed to disclose serious labour rights violations at its suppliers’ factories and keep its past promises of fair production.
A report in The Sunday Times in 2020 revealed multiple alleged incidents of the mistreatment of workers, highlighting that some employees were paid as lit -
Authentic Brands Group to acquire Champion
Authentic Brands Group is to acquire the Champion Athleticwear brand and business from Hanes Brands. The group said the purchase will increase its system-wide annual retail... View Article -
WH Smith “well positioned” for peak summer trading as travel sales continue to rise
WH Smith has reported a 5% increase in quarterly group revenue, or 4% on a like-for-like basis, as its travel division continues to perform well. In... View Article -
Monsoon partners with My Wardrobe on bridal and occasion rentals
Monsoon is offering customers a capsule collection of bridalwear and occasion dresses to hire through a partnership with the My Wardrobe clothing rental business. The retailer... View Article -
M&S non-exec resigns over poaching of Rightmove finance chief
M&S non-executive Andrew Fisher is quitting the board following the appointment of the retailer’s new finance chief from another company he chairs.
According to Sky News, the long-serving director only discovered late in the recruitment process that the high street chain wanted to hire Alison Dolan from Rightmove as its new CFO.
Fisher, who has been chair of the online real estate platform since 2020, quit the M&S board on Tuesday last week.Subscribe to Retail Gazette for free
&nbs -
B&M posts uplift in sales and profit as it accelerates store opening programme
B&M has posted an increase in annual sales and profit as it looks ahead to a major expansion of its store footprint. In the year to... View Article -
Ryman launches first-ever wedding range
High street stationery retailer Ryman has launched its first-ever wedding range. Rolling out in stores nationwide and on the retailer’s website, the collection spans wedding decorations,... View Article -
Kenya’s Quick Mart confronts tough business conditions
via ft.comAfter initial breakneck expansion, growth has slowed somewhat at country’s second largest supermarket chain -
Nail salons and takeaways replace banks on high streets
via ft.comData highlights shift towards ‘experience-based’ leisure in town and city centres in England and Wales since 2010 -
Morocco start-up founders saw future on sub-Saharan travels
via ft.comTop 10-ranking Chari is part of fast-expanding ecommerce activity -
Fund managers give cool reception to prospect of Shein London IPO
via ft.comESG concerns may undermine support for the potential blockbuster flotation -
Dollar Tree weighs sale of struggling Family Dollar discount stores
via ft.comA deal would reverse an acquisition that drew pressure from activist investors -
Dollar Tree may pursue sale of Family Dollar discount variety store chain
via ft.comA deal would unwind an acquisition made nearly a decade ago representing nearly half the company’s US and Canada stores -
Dollar Tree may pursue sale of Family Dollar discount store chain
via ft.comA deal would unwind an acquisition made nearly a decade ago representing nearly half the company’s US and Canada stores
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