Retail news

• Ocado Retail and Soil Association to establish five nature-friendly demo farms

  10-05-2024 18:28 via theretailbulletin.com
  
  Nature and climate-friendly food production is set to be demonstrated at five UK farms in a new project with online supermarket Ocado and the Soil Association... View Article
  
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• [ WEBINAR ] How to unlock store potential using location-based data

  08-11-2024 21:09 via theretailbulletin.com
  
  Discover how to unlock the potential of your stores using location-based data. As shopping behaviours evolve, the significance of data and new technologies has never been... View Article
  
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• Stockpickers: Why retailers are far from sold on the Budget measures

  08-11-2024 19:00
  
  Plus: BT and Asos — companies analysis from Investors’ Chronicle, our sister publication
  
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• The Rivals effect: equestrian dressing gallops up the style charts

  08-11-2024 16:25
  Retailers report strong sales of jodhpurs, riding boots and paddock-ready blazers – but is it ‘class passing’?It’s a sport traditionally associated with mud and manure, but now the equestrian world is finding itself in fashion’s spotlight.Jodhpurs and riding boots are galloping up the style charts, even if some fans of the trend have never set foot inside a yard. Blame Rupert Campbell-Black and his Rutshire set, but the Rivals effect is in full swing. Continue readi
  
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• Coffee, sandwiches, underwear, beer: a day in the life of Japan’s beloved konbini stores

  08-11-2024 15:00
  
  Convenience stores are a neat and functional retail institution in Japan, where customers can access the daily essentials, from buying breakfast to paying billsKenji Yamamoto was unsure that his business would survive when he opened Japan’s first convenience store in a Tokyo neighbourhood in May 1974. The 7-Eleven outlet he ran with his wife stocked tinned food and detergents, items that most people had previously bought from supermarkets. His first sale was a pair of sunglasses.Half a cen
  
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• Asda boss says £100m hit from Labour budget could affect wages and hiring

  08-11-2024 14:33
  
  Shares in UK retailers fall as investors digest Rachel Reeves’s changes to NICs and tax thresholdsBusiness live – latest updatesAsda has warned that measures in the government’s budget will be a “big burden” for the supermarket chain, costing it £100m, and could prevent it from raising wages or hiring as many staff, as it struggles to turn around falling sales.The company’s warning on Friday came as other UK retailers’ share prices took a hit as st
  
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• Asda chair admits £100m hit to National Insurance bill is ‘not an easy swallow’

  08-11-2024 13:25 via retailgazette.co.uk
  
  Asda chair Lord Stuart Rose has admitted that the upcoming £100m rise to the supermarket’s tax bill following changes announced in the Budget last week was “not an easy swallow”.
  Among the changes brought in by Chancellor Rachel Reeves’ first Budget is a rise in employers’ National Insurance contributions from 13.8% to 15% on a worker’s earnings above £175 a week, effective April 2025.
  Rose told Retail Gazette’s sister publication Grocery Gaz
  
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• Asda to invest £13m into festive store hours amid sales slump

  08-11-2024 13:01 via retailgazette.co.uk
  
  Asda is investing £13m into its stores over the festive period after posting a drop in third quarter sales.
  Revenues, excluding fuel, were down 2.5% to £5.3bn for the grocery giant in the period to 30 September, while like-for-likes dropped 4.8%. However, this represented an improvement on its previous quarter.
  Asda insisted its focus on key priorities – improving availability, enhancing the customer experience and investing in value –outlined in its second quarter update
  
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• Asda boss Stuart Rose warns Budget threatens hiring and pay rises

  08-11-2024 13:00
  Retail veteran is latest business leader to criticise moves including changes to national insurance
  
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• Desert Island Stores: Matthew Bourne of COOK

  08-11-2024 12:05 via theretailbulletin.com
  
  Here we have the latest interview in our Desert Island Stores series where Glynn Davis asks leading retailers about their favourite and most memorable stores. Matthew... View Article
  
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• New Look calls product staff back into office 4 days a week

  08-11-2024 11:37 via retailgazette.co.uk
  
  New Look has ordered staff across its buying, merchandising and design (BMD) department back into the office four days a week.
  The team currently work three days in the office, the fashion retailer confirmed, and once the change comes into place from January, Friday will remain a hybrid day.
  It said there are no changes to the number of days other teams will be required in office and claimed the move is in line with the wider sector.
  New Look said bringing the BMD teams in four days allows the
  
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• Cartier-owner Richemont misses sales targets as China demand stalls

  08-11-2024 10:36
  Luxury group’s jewellery brands, its biggest division housing Cartier and Van Cleef & Arpels, show resilience
  
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• What Is Ethical Fashion? A Guide for Retailers

  08-11-2024 10:10 via theretailbulletin.com
  
  Despite all the praise for its innovative spirit and ability to set global trends, the fashion industry has taken a lot of heat for its impact... View Article
  
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• Tesco makes new healthcare services available to customers through in-store health zone concept

  08-11-2024 09:59 via theretailbulletin.com
  
  Tesco has teamed up with some of the UK’s leading healthcare companies as part of a pilot store concept that gives customers convenient access to an... View Article
  
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• Tesco makes new healthcare services available through in-store health zone concept

  08-11-2024 09:59 via theretailbulletin.com
  
  Tesco has teamed up with some of the UK’s leading healthcare companies as part of a pilot store concept that gives customers access to an increased... View Article
  
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• Ethical Fashion Practices: How to Become an Ethical Retailer

  08-11-2024 09:56 via theretailbulletin.com
  
  Implementing ethical fashion practices is challenging, but the benefits are endless.  Adopting an ethical approach to fashion retail encourages consumer behaviour that results in enhanced brand... View Article
  
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• Harrods boss ‘dreadfully sorry’ for Al Fayed abuse

  08-11-2024 09:39 via retailgazette.co.uk
  
  Harrods managing director Michael Ward has personally apologised for the first time regarding the sexual abuse allegations against the store’s former owner, Mohamed Al Fayed.
  Speaking to the BBC this week at the Harrods headquarters, Ward said: “I am very dreadfully sorry for what has happened with Al Fayed.”
  Ward, who worked alongside Al Fayed for years until 2010, previously stated he was unaware of any such abuse.
  The department store retailer is currently in the process of
  
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• In pictures: Hamleys unveils Christmas windows with Harry Potter, Paddington, and Wicked themes

  08-11-2024 09:13 via retailgazette.co.uk
  
  Hamleys has unveiled its highly anticipated 2024 Christmas window display on Regent Street, London.
  The toy maker’s festive display celebrates the magic of three popular franchises: Harry Potter, Paddington Bear, and Wicked.All windows across the flagship feature scenes from these famous stories in a bid to captivate passers-by.
  The official unveiling event, which included live performances from Wicked’s Glinda the good witch and carol singalongs, also saw the debut of a collaboratio
  
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• Richemont misses forecasts as China stalls

  08-11-2024 09:10
  
  Cartier owner is the latest luxury brand to be hit weak demand in Asia
  
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• M&S unveils Christmas Starts Here clothing and home campaign

  08-11-2024 08:56 via theretailbulletin.com
  
  M&S has unveiled its 2024 Christmas campaign for its clothing and home ranges. Aiming to highlight how Christmas can have a transformative effect on people, the... View Article
  
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• LEGO opens second Bristol store

  08-11-2024 08:48 via theretailbulletin.com
  
  LEGO has opened its second store in Bristol at Cribbs Mall. Spanning 1,578 square metres, the shop offers a wide assortment of LEGO products, including exclusive... View Article
  
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• Burberry appoints ex-Topshop CEO as new product boss

  08-11-2024 08:47 via retailgazette.co.uk
  
  Burberry has named former Topshop Topman CEO Paul Price as chief product merchandising and planning officer.
  The retail veteran is making a return to the luxury British business after previously working as its chief merchandising officer for ten years from 2007.
  After leaving in 2017, Price became chief executive of Topshop and Topman and subsequently took up the role of chief executive of James Perse in Los Angeles. He then ran his own consulting firm from 2021.
  Set take up his new role on 9 D
  
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• Boohoo slams Frasers for acting in ‘commercial self-interest’

  08-11-2024 08:36 via retailgazette.co.uk
  
  Boohoo Group has hit back at Frasers Group’s recent demands for a stronger role in its strategic review.The online fashion giant accused Mike Ashley’s company of using its stake in Boohoo and other retailers to promote its own “commercial self-interest.”
  It pointed to the Sports Direct owner’s investments in rival retailers, including Asos and House of Fraser, as evidence of a conflict of interest.
  The business also argued that Frasers’ holdings in these compe
  
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• Sainsbury’s CEO warns prices will rise following National Insurance spike

  08-11-2024 07:50 via retailgazette.co.uk
  
  Sainsbury’s CEO Simon Roberts has warned its prices are set to rise after the government’s decision to raise National Insurance Contributions.
  The supermarket boss argued while it would do everything it could to “mitigate the impact,” it just didn’t have “the capacity to absorb this level of unexpected cost inflation”.
  He added: “When you think about the £140m in our business, I don’t think you can shy away from the fact that, because o
  
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• Pandora hails strong third quarter results

  08-11-2024 07:50 via theretailbulletin.com
  
  Pandora delivered organic growth of 11% in its third quarter as it continued to work to change its perception into a full jewellery brand. During the... View Article
  
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• Haribo to open sweet shop at Kent’s Bluewater Shopping Centre

  08-11-2024 07:45 via theretailbulletin.com
  
  Haribo is to open its 11th UK store and first outside of an outlet at Kent’s Bluewater Shopping Centre. The news follows the success of the... View Article
  
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• £500mn and counting: companies reckon with UK Budget costs

  07-11-2024 19:12
  
  Sainsbury’s, BT and Wetherspoons among those warning that changes may force price rises for customers
  
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• In pictures: Harvey Nichols unveils Tim Burton-inspired Christmas windows

  07-11-2024 15:29 via retailgazette.co.uk
  
  Harvey Nichols has revealed its 2024 Christmas windows inspired by the fantastical aesthetic of Tim Burton.
  The department store has partnered with the Design Museum to showcase five sculptures from the director’s private collection ahead of its new exhibition, The World of Tim Burton.
  The pieces from The Melancholy Death of Oyster Boy & Other Stories take centre stage in the Knightsbridge retailer’s festive windows, introducing a “playful yet eerie whimsy” layer to t
  
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• A Guide to Corporate Social Responsibility in Retail

  07-11-2024 13:42 via theretailbulletin.com
  
  Corporate social responsibility in retail (CRS) has moved a long way from the margins of being a nice-to-have to an essential component of any successful business.... View Article
  
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• Sainsbury’s boosted by return to the office but warns of price rises

  07-11-2024 13:14
  
  Profits are up 4.7% but extra £140m on national insurance bill could mean more expensive groceriesBusiness live – latest updatesFood sales at Sainsbury’s have been boosted by a return to the office and fewer people dining out in restaurants, as the retailer warned of possible price rises as a result of having to pay £140m more next year in national insurance contributions [NICs].The supermarket chain’s pre-tax profits were £356m for the six months to mid-Septe
  
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