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Struggling retailers paid less than a third of June rent, says malls owner
via theguardian.comTenants of Landsec, which also runs Trinity Leeds shopping centre, paid 92% of bill last yearCoronavirus – latest updatesSee all our coronavirus coverageLandsec, the property group behind the Trinity Leeds shopping centre and Bluewater in Kent, said struggling retailers paid less than a third of the rent due last month.Retailers paid only £9m of the £31m rent due on stores on 24 June, which equates to 29% of the total. This time last year its retail tenants paid 92% of the bill -
Investors’ Chronicle: Associated British Foods, Mobico, Warpaint London
via ft.comCompanies analysis from our sister publication -
One Stop launch Love Heart pin badges to support Alzheimer’s Society
One Stop has teamed up with Swizzels to create six Love Hearts pin badges, all to raise money for their charity partner, Alzheimer’s Society. Customers can get... View Article -
Amazon faces legal challenge from GMB over latest anti-union drive
GMB Union has filed legal proceedings against Amazon in response to what it claims is the company’s latest anti-union drive.
The union claims the ecommerce giant has engaged in widespread attempts to coerce its staff members to cancel their trade union memberships.
According to GMB, Amazon workers can formally lodge a claim against their own employer for encouraging them to pass up their trade union and collective bargaining rights under what is known as an Inducement claim.
GMB senio -
Wilko launches first-ever kitchen collection
Wilko has launched its own collection of affordable and self-assembly kitchens.
The new range consists of six styles that the retailer said “reflects the UK’s most popular kitchen aesthetics and colour schemes”.
Shoppers can now redesign and create their entire kicthen, with everything from units and worktops to lighting and splashbacks available online.Subscribe to Retail Gazette for free
Sign up here to get the latest news straight into your inbox each morning  -
Superdry landlord seeks challenge on rescue plan
The owner of Superdry’s Oxford Street flagship store is considering a challenge to the retailer’s rescue plan that is set to impose steep reductions on landlords.
According to Sky News, asset manager M&G has engaged with lawyers from Hogan Lovells to review the ailing fashion retailer’s restructuring plan it launched earlier this month.
The move will not necessarily result in a formal legal challenge, but property industry sources did not rule out the possibility.Subscribe -
Harvey Nichols narrows losses in post-pandemic recovery
Harvey Nichols has seen reduced losses as the department store chain continues its slow recovery from the impact of the pandemic.
In its “first full year not impacted by Covid restrictions” sales were up 13%, reaching £216.7m in the year to 1 April 2023.
Despite footfall rising, cost increases alongside squeeze in margins saw it post a pre-tax loss of nearly £21.3m compared with £30.4m the year prior, the Grocer reports.
The recent accounts, released by holding comp -
[Responsible Business] New flexible working laws: your questions answered
On 6 April 2024, new rules on flexible working came into effect. Thanks to Irwin Mitchell who below answer some of your key questions on the... View Article -
Sue Ryder’s Chelsea window challenge: A blooming tribute to the grieving
As gardening enthusiasts prepare for the prestigious RHS Chelsea Flower Show, Sue Ryder, a leading bereavement support charity in the UK, is set to launch a... View Article -
GMB launches legal action against ‘out of control’ Amazon at Coventry warehouse
via theguardian.comEmployment tribunal sought over claims firm tried to induce workers to leave union in long-running rowThe GMB is taking legal action against Amazon in the long-running battle for recognition at its Coventry warehouse, accusing the US firm of trying to “induce” staff to leave the union.An employment tribunal claim is being lodged on behalf of five workers at the large site, known as BHX4. Continue reading... -
Asda trials new ‘Digital Spirits’ interactive screens amid innovation push
Asda is trialling new ‘Digital sSpirits display screens’ across 23 of its Express stores, under its continued investment in innovation.
The new digital display screens, launched in partnership with beverage company Diageo, will allow shoppers to select from a larger choice of spirits, with the stores’ range increasing from 13 or 26 products to 50 products.The supermarket is one of the first UK retailers to trial the screens, which have already been rolled out in its Express sto -
How can HR monitor retail workers’ mental health?
Mental health at the workplace is increasingly being viewed as a key aspect of the overall wellbeing and success of employees and organisations. In the retail... View Article -
Shopify sets its sights on big-ticket clients
via ft.comThe ecommerce platform for millions of merchants has ambitious plans to expand at the high end -
Lidl unveils £500m investment into British pork sector
Lidl is investing £500m into the British pork sector as it doubles down on its 100% everyday fresh meat promise.
The discounter said its funding commitment will ensure the continued production of high-quality British meat “at the best possible prices for customers”.
As part of its investment, the supermarket chain has moved its pork producers to an open-book model that includes the on-farm cost of production and includes a fixed margin for farmers.
Dubbed the Lidl Pork Producer -
Moonpig tumbles after hefty share sale by private equity backers
Moonpig experienced its worst day of trading in three years as private equity backers cashed in significant stakes at a double-digit discount.
The decision sent shares plunging resulting in what became the greetings card retailer’s worst day of trading as a listed company.
The group of investors, led by private equity firm Exponent, sold 25m shares in the FTSE 250 retailer at 160p apiece, more than 10% below Wednesday’s closing price of 178p.Subscribe to Retail Gazette for free -
Clintons opens first UK outlet store under new ownership
Clintons has opened an outlet store at Northern Ireland’s only premier designer outlet The Boulevard.
The 1,054 sq ft space, formerly occupied by Card Centre, has been rebranded as Clintons, marking the card retailer’s first outlet store in the UK since its acquisition by Cardzone earlier this year.
The shop will house a range of cards and gifting products, as well as Kenji soft toys.Subscribe to Retail Gazette for free
Sign up here to get the latest news straight into you -
Aldi signs up to Portman Group’s Code of Practice
Aldi has become the latest retailer to sign up to The Portman Group’s Code of Practice, which promotes the responsible marketing and retailing of alcoholic products.... View Article -
Shoplifting hits highest level in 20 years across England and Wales
Shoplifting in England and Wales in 2023 reached the highest level since records began in 2003, according to new data from the Office for National Statistics (ONS).
More than 430,000 offences were recorded last year – up by 37% in the year ending 31 December 2023, compared to in 2022, the latest Crime Survey for England and Wales (CSEW) published shows.This is the highest figure since current police recording practices began for the year ending March 2003, the ONS said.
Subscribe to Retail -
Deckers promotes Marco Ellerker to president of global marketplace
Deckers Brands has promoted Marco Ellerker to the newly created role of president of global marketplace. Due to move to the position on 1 August, Ellerker... View Article -
UK consumer confidence edges up after slow start to year
UK consumer confidence improved in April as falling inflation helped boost consumer optimism about their personal finances.
The latest GfK Consumer Confidence Index rose two points to -19, marking an improvement from -21 points in both March and February.
While its major purchase index also strengthened, up 2 points at -25.
GfK client strategy director Joe Staton said: “While the overall index score remains negative, all of the underlying five measures this April are significantly better -
4 reasons Sainsbury’s food business is ‘firing on all cylinders’
Sainsbury’s stellar food performance was central to the supermarket beating expectations this week – and it has high hopes for the year ahead as it eyes £1bn of retail profit.
Sales jumped an impressive 9.4% in its grocery business in its year to 2 March.
CEO Simon Roberts says: “We said we’d put food back at the heart of Sainsbury’s and that’s what we’ve done. Our food business is firing on all cylinders.”
“We’re determined&helli -
Clintons opens first UK outlet store since new ownership
Clintons has opened an outlet store at The Boulevard, Northern Ireland’s only premier designer outlet. The 1,054 square foot space, which was previously home to Card... View Article -
Ted Baker European arm faces administration, with 149 jobs at risk
Ted Baker’s European arm is at risk of entering administration , putting 149 roles at risk of redundancy.
The businesses operating the fashion retailer’s physical retail locations in the Netherlands, Belgium and Spain are at risk, with the process depending on each country’s systems, Drapers reports.
This includes two stores and seven concessions in the Netherlands, two stores in Belgium, one store and 15 concessions in Spain.
This affects around 149 employees, who have been in -
Nespresso UK commits £1 million to support homelessness relief
Nespresso UK has committed £1 million to support homelessness relief through its partnership with social enterprise, Change Please. The move will see the company help Change... View Article -
Aldi moves to 100% recycled plastic on soft drink and water bottles
Aldi has moved to 100% recycled plastic for its own-brand soft drinks and bottled water. The new material is being rolled out across all products found... View Article -
Giles Smith, luxury retail leader from Burberry to Selfridges appointed as Judge
We are delighted to announce that Giles Smith, whose foundational leadership at Burberry marked the beginning of a distinguished career in luxury retail technology, has joined... View Article -
Pioneering positive change in Wellbeing & Healthcare through ethical retail practices.
In conversation with Hannah White: Community support at Naturally Tiwa Skincare. In the competitive world of retail, the impact of a brand extends beyond product sales... View Article -
WHSmith rolls out Toys R Us concessions to more stores
WHSmith is to expand its Toys R Us shop-in-shops to 30 more stores by the end of its financial year in August.
The rollout follows the opening of nine Toys R Us concessions last year, which WHSmith said had performed well, according to Retail Week.
The exact locations of the new shop-in-shops has not yet been disclosed.The first Toys R Us concession opened in June last year at WHSmith’s Monks Cross Retail Park store in York and marked the toy retailer’s return to the high street afte -
Crew Clothing announce extended partnership with the LTA
British coastal lifestyle brand, Crew Clothing, today announced the extension of its esteemed partnership with the LTA. Now in the fifth consecutive year of the partnership,... View Article -
Former Matches CEO: ‘Administration was unnecessary’
Former Matches Fashion boss Nick Beighton has branded the company’s administration as “unnecessary”.
The ex-chief executive, who left the business last month, believes there was still a chance to turnaround the luxury ecommerce platform before owner Frasers Group placed it into administration.
“Frasers did what Frasers did. It’s their choice as shareholders. It wasn’t necessary in my opinion,” he told the audience at the Retail Technology Show.
“It
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