Retail news

• Tesco trades on New York share market

  05-01-2026 10:07 via retailgazette.co.uk
  Tesco has become the latest major European company to expand its reach to US investors, qualifying to trade on the OTCQX Best Market in New York.
  The move gives American investors transparent access to shares in the UK’s largest grocery retailer without the complexity of a full US stock exchange listing.
  Announced by OTC (Over-the-Counter) Markets Group today (5 January), Tesco’s admission to OTCQX places it alongside a growing list of large-cap European companies that have opted for
  
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• Games Workshop shares slide as tariff warning overshadows record profit

  29-07-2026 09:45 via retailgazette.co.uk
  
  Games Workshop shares fell as much as 6.5 per cent after it warned that US tariffs and higher plastic costs could place further pressure on its business, overshadowing another year of record sales and profit.
  The company expects new US tariffs to create an annualised cost of approximately £13m during its current financial year.
  It also flagged a roughly £2m impact from higher plastic costs amid supply-chain disruption and volatility across global energy markets. Games Workshop said i
  
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• Tesco launches airport pop-up to restock holidaymakers’ fridges

  29-07-2026 09:37 via retailgazette.co.uk
  
  Tesco has launched a “Back From Holiday Shop” at London Southend Airport, handing returning travellers complimentary bags of groceries and household essentials as they collect their luggage.
  The supermarket has partnered with Clubcard Reward partner easyJet holidays and London Southend Airport on the one-day pop-up, which will appear in the airport’s baggage reclaim hall on 29 July.
  Passengers arriving on selected flights between midday and 5pm will be able to collect bags cont
  
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• Uber Eats shoppers can now collect Nectar points on Sainsbury’s orders

  29-07-2026 09:28 via retailgazette.co.uk
  
  Uber Eats customers can now earn Nectar points when ordering groceries from Sainsbury’s, as the three businesses expand their rewards partnership.
  Shoppers will collect one Nectar point for every £1 spent on Sainsbury’s groceries through the Uber Eats app or website.
  The scheme is available across more than 1,300 Sainsbury’s stores in the UK, giving customers access to loyalty rewards when using the rapid-delivery platform for fresh food, household essentials and last-min
  
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• eBay agrees $55.7m harassment settlement after couple tormented with live cockroaches

  29-07-2026 09:22 via retailgazette.co.uk
  eBay and three of its former senior executives have reportedly agreed to pay $55.7m (£41.8m) to settle a lawsuit brought by two ecommerce publishers who were targeted in a stalking and intimidation campaign by company employees.
  David and Ina Steiner, who publish the EcommerceBytes newsletter, filed the case against the online marketplace in 2021 after being subjected to threatening messages, surveillance and a series of disturbing deliveries to their Massachusetts home.
  The settlement bri
  
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• Hermès sales rise 7% as Birkin demand and tourism recovery drive growth

  29-07-2026 09:11 via retailgazette.co.uk
  
  Hermès has recorded a 6.7 per cent increase in second-quarter sales as continued demand for its handbags, stronger trading in the Americas and Japan, and a recovery in European tourism helped it outperform much of the wider market.
  Sales reached £3.51bn during the three months to the end of June, broadly in line with market expectations and accelerating from growth of 5.6 per cent in the first quarter.
  At reported exchange rates, second-quarter revenue increased 4.8 per cent, highli
  
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• Frasers builds Burberry position to become third-largest shareholder

  29-07-2026 09:01 via retailgazette.co.uk
  
  Frasers Group has increased its exposure to Burberry to 4.16 per cent, making it the company’s third-largest shareholder.
  A regulatory filing revealed the Sports Direct owner had expanded its financial interest in Burberry from 3.05 per cent on 24 July.
  The entire position is held through sold put options linked to Burberry shares, rather than through a direct shareholding, and represents 15 million voting rights in the British luxury brand.
  This places Mike Ashley-controlled Frasers behin
  
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• Pop Mart takes Labubu into food with global bakery push

  29-07-2026 08:52 via retailgazette.co.uk
  
  Pop Mart has opened its first international bakery in Singapore with an eye to turning the popularity of Labubu and its other characters into a wider lifestyle and entertainment business.
  The Beijing-based brand has launched the two-storey Pop Bakery opposite Universal Studios Singapore at the Resorts World Sentosa complex.
  Its menu features 45 character-themed pastries, desserts and drinks, including black sesame Labubu ice lollies and double cheesecake inspired by the Molly character.
  The Sing
  
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• Apple valuation briefly tops $5tn with surge in iPhone demand

  29-07-2026 08:46 via retailgazette.co.uk
  
  Apple briefly surpassed a $5trillion (£3.77trillion) market valuation for the first time yesterday, becoming only the second company to reach the milestone.
  Shares in the technology giant climbed to a session high of £258.20 on Tuesday, valuing the business at £3.79trillion, before easing to £255.52 and a market capitalisation of approximately £3.75trillion.
  The milestone follows a 25 per cent rise in Apple’s share price since the start of the year, putting it
  
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• Ebay to pay $55.7mn to settle case over harassment of company critics

  28-07-2026 19:24 via ft.com
  Couple received threatening deliveries including funeral wreath and live cockroaches after chiding retailer in blog
  
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• Ebay pays couple $56mn for its role in cockroach harassment campaign

  28-07-2026 19:24 via ft.com
  Couple received threatening deliveries including funeral wreath after criticising ecommerce retailer in blog
  
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• Mike Ashley’s Frasers Group builds stake in Burberry

  28-07-2026 19:05 via ft.com
  Sports Direct owner discloses 4% position as it strives to establish itself in the luxury market
  
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• Rightmove helps Barbie find her dream home

  28-07-2026 17:23 via retailgazette.co.uk
  
  Mattel, Barbie’s parent company, has teamed up with Rightmove to find Barbie her next Dreamhouse.
  It will appear as a property listing on the platform over the summer. Fans were able to visit the Barbie DreamHouse Estate Agent pop-up in Covent Garden, London from July 24 to July 26.
  As part of the experience, visitors will be able to explore the 2026 Dreamhouse.
  This comes as research from the brand shows 75 per cent of  Gen Z and Millennial women see homeownership as an “import
  
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• Very’s head of beauty buying on building a modern, digital-first destination

  28-07-2026 14:26 via retailgazette.co.uk
  
  Earlier this month, The Very Group added Estée Lauder to its beauty offer in a continuation of its efforts to expand its premium brands. Sophie Blackledge, head of beauty buying at The Very Group, explains how premium beauty can encourage new and existing customers to shop across more categories, and enable the digital retailer to build deeper loyalty.
  “Rather than trying to recreate the traditional beauty hall online, our ambition is to build a modern, digital-first premium beauty
  
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• Gymshark promotes Matt Rogers to chief supply chain officer

  28-07-2026 13:53 via retailgazette.co.uk
  
  Gymshark has appointed Matt Rogers as chief supply chain officer, it has been confirmed.
  Rogers joined Gymshark in 2023 as supply chain director and subsequently became interim general manager for sourcing and supply chain.
  The executive has 25 years of supply chain experience, including more than a decade working in ecommerce. Before joining Gymshark, he spent almost 11 years at Asos, where he held a series of senior supply chain positions and latterly served as group supply chain director.
  Gym
  
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• Measuring the true value of stores in multichannel retail

  28-07-2026 13:00 via retailgazette.co.uk
  
  Retailers are right to question stores. But many are still judging them with an incomplete picture.
  The easiest retail story to tell in 2026 is one about decline. Another store closes, another high street unit goes dark.
  In this new Retail Gazette report, we go ‘Beyond the till’ to measure the true value of stores in multichannel retail.
  What you’ll learn:Why store closures don’t tell the full retail story
  The P&L blind spot
  The online ‘halo effect’: the v
  
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• Pret launches flagship store in Heathrow Terminal 5

  28-07-2026 11:48 via retailgazette.co.uk
  
  Pret A Manger has opened a new flagship shop in Heathrow Terminal 5, marking its ninth in the airport.
  The launch represents “another milestone” in Pret’s “long-standing partnership with the world’s most connected airport,” according to the retailer.
  Located in the terminal’s arrivals hall, the store will sell Pret’s full range of barista-prepared drinks and freshly made food, including super plates and protein pots.
  The site is equipped with mobil
  
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• Morrisons Daily expands Snappy Shopper delivery partnership to hundreds more stores

  28-07-2026 11:46 via retailgazette.co.uk
  
  Morrisons Daily is extending its partnership with rapid grocery delivery platform Snappy Shopper, bringing hundreds of additional convenience stores across England and Wales onto the service.
  The latest phase of the rollout will allow more shoppers to order Morrisons Daily’s full convenience range through the Snappy Shopper app, including everyday essentials, Morrisons Savers products, own-brand lines and multibuy promotions.
  Customers placing orders worth more than £35 will also qua
  
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• Virgin Media O2 tests in-store experience to encourage tech recycling

  28-07-2026 11:26 via retailgazette.co.uk
  
  Virgin Media O2 is seeking to help shoppers “better understand technology recycling and reuse” as part of a trial at its experiential flagship O2 store in Westfield Stratford City. 
  The company is piloting its “O2 tech refab lab” as one of the store’s interactive discovery zones, where customers can learn how devices can be given a second life so they don’t go to waste. 
  The zone, which was created in collaboration with the O2 stores team, helps cons
  
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• M&S rolls out electric trucks across food logistics network

  28-07-2026 11:22 via retailgazette.co.uk
  
  M&S is introducing 10 electric trucks across its food and fashion supply chains to cut emissions from deliveries to depots and stores.
  The retailer is rolling out 10 DAF XD electric tractor units, with five already in operation and the remaining vehicles set to enter service later this year.
  One of the trucks features an integrated inverter that draws power from the vehicle’s main battery to run the refrigeration unit in its chilled trailer.
  M&S said the technology would reduce the
  
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• Clarks launches nostalgic back-to-school campaign

  28-07-2026 11:11 via retailgazette.co.uk
  
  British shoe firm Clarks has unveiled a nationwide Back-to-School campaign.
  Titled ‘Jump into Clarks’, the campaign will roll out across TV, social media, owned digital channels and in-store. It aims to “capture the excitement” of returning to school.
  The marketing drive highlights that selected school shoes are available from £25. It also showcases the retailer’s limited time three pairs for the price of two promotion.Related StoryClarks launches nostalgic ba
  
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• Aldi unveils latest priority locations for new shops

  28-07-2026 09:46 via retailgazette.co.uk
  
  Aldi has revealed its latest priority locations across the UK as it seeks to secure sites for new stores.
  It comes as the discount giant continues its expansion as it aims to make “high-quality, affordable food” accessible to more communities.
  The announcement builds on Aldi’s wider UK expansion plans. 
  The supermarket is investing over £370 million into new stores this year as it works towards its long-term target of 1,500 locations nationwide.
  It also follows Aldi&
  
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• Cracker Barrel boss steps down a year after viral botched rebrand

  28-07-2026 09:41 via retailgazette.co.uk
  
  Cracker Barrel chief executive Julie Masino is stepping down nearly a year after the chain’s attempt to modernise its brand prompted a fierce customer backlash.
  Masino will leave the top job and the company’s board on 10 August, after almost three years as chief executive. She will remain in an advisory role until 9 October to support the transition.
  The company has appointed former Bloomin’ Brands boss David Deno as her successor following what it described as a “compreh
  
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• EY and audit partner fined £1.25m over Made.com failings

  28-07-2026 09:31 via retailgazette.co.uk
  
  EY and one of its audit partners have been fined a combined £1.25m following failings in their audit of collapsed online furniture retailer Made.com.
  The Financial Reporting Council imposed a £1.197m financial sanction on EY and fined audit engagement partner Julie Carlyle £49,000 over their work on Made.com’s accounts for the year ending 31 December 2021.
  Both EY and Carlyle admitted breaching international auditing standards in two areas: Made.com’s status as a go
  
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• Royal Mail bulk price hike set to increase retailer marketing costs

  28-07-2026 09:26 via retailgazette.co.uk
  
  Retailers face higher costs for direct marketing and customer communications after Royal Mail revealed plans to raise its wholesale postal prices by an average of 25 per cent.
  The group will introduce the increases from 5 October, with some bulk-mail services rising by more than a third.
  The changes will affect access-mail operators including UK Mail, Whistl and Citipost, which sort and process large volumes of post before handing items to Royal Mail for final-mile delivery.
  These operators serv
  
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• H&M and Wardrobe.NYC to launch designer collaboration on 6 August

  28-07-2026 09:19 via theretailbulletin.com
  H&M is set to launch a new designer collaboration next month with New York based luxury essentials brand Wardrobe.NYC. The fashion retailer said the collection will…
  
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• Lidl launches £1 Planet Plate recipes with chef Miguel Barclay

  28-07-2026 09:19 via theretailbulletin.com
  Lidl GB has collaborated with budget chef Miguel Barclay, creator of the bestselling One Pound Meals series, to launch seven new £1 Planet Plate recipes. The…
  
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• Unilever upgrades outlook as sales growth beats expectations

  28-07-2026 09:18 via retailgazette.co.uk
  
  Unilever has raised its full-year outlook after stronger demand for brands including Dove, Vaseline and Persil helped second-quarter sales surpass expectations.
  The consumer goods giant posted underlying sales growth of 5.8 per cent for the three months to 30 June, ahead of analysts’ forecasts of 4.3 per cent.
  The performance was driven largely by a 5.5 per cent increase in sales volumes, while prices edged up 0.2 per cent. Second-quarter turnover climbed 3.8 per cent to €13bn.
  Unilev
  
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• Ocado drops £191m M&S payout fight as warehouse talks continue

  28-07-2026 09:12 via retailgazette.co.uk
  
  Ocado has reportedly abandoned its pursuit of a £190.7m payment from Marks & Spencer, drawing a line under the long-running dispute surrounding the pair’s online grocery joint venture.
  No final payment will be made by M&S, according to The Times, despite Ocado previously warning that it could take legal action to recover the money.
  M&S acquired a 50 per cent stake in Ocado Retail for up to £750m in 2019, enabling the retailer to sell its food range online through Oc
  
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• Dior turnaround pushes LVMH fashion arm back into growth

  28-07-2026 09:08 via retailgazette.co.uk
  
  LVMH’s fashion and leather goods division has returned to growth for the first time in two years, boosted by improving sales at Dior.
  The luxury conglomerate’s largest division, which includes Louis Vuitton, Dior, Celine and Loewe, posted organic sales growth of one per cent during its second quarter to €8.9bn.
  The improvement ended seven consecutive quarters of falling sales, although growth came in slightly below analysts’ expectations.
  Dior delivered an accelerating per
  
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