Breaking Retail news

  • THG boss should count the blessings of life as a listed company | Nils Pratley
    Matt Moulding may be tempted by a private bid for the online retailer, but the grass is not always greener elsewhereMatt Moulding and the board of THG did the easy bit last week: they rejected a “highly preliminary” takeover proposal from a consortium led by one of the online retailer’s... Read more »
  • Government provides more detail on its plans to protect access to cash
    The government has announced that it will give the Financial Conduct Authority (FCA) powers to ensure that cash facilities are available countrywide. After indicating in the Queen’s Speech that it would legislate to address the issue of access to cash, the government made its announcement about the FCA’s role at... Read more »
  • Boost launches a new energy drink
    Boost Drinks has launched a fruit-juice-based energy drink called Juic’d, the brand’s first foray into the 500ml can market. The drinks are made with 5% real fruit juice and price-marked at £1. There are three flavours – Pineapple & Guava, Mango & Tropical, and Watermelon & Lime. Adrian Hipkiss, marketing... Read more »
  • Mars adds a Snickers peanut brownie to its high-protein range
    Mars has added another variant to its range of protein bars with the introduction of the Snickers peanut brownie. Already on the US market, the bar contains 15g of protein and 211 calories. Michelle Frost, general manager at Mars Chocolate Drinks & Treats, said: “Snickers continues to be the number... Read more »
  • Limited edition Twirl gets secretive launch
    Chocolate-maker Cadbury’s is introducing a limited edition Twirl bar in a caramel flavour. Twirl Caramel will be available from June and is being marketed through a campaign that puts advertisements in unexpected places. These include spots at the side of the Thames that are only visible at low tide and... Read more »
  • Old Cheltenham Spar re-opens as Nisa
    A Cheltenham, Gloucestershire, store that was a Spar before it closed a few months ago has been revived as a Nisa Local. The shop is in a residential area close to the national security centre GCHQ. New owner Kishore Samanathy has installed F’real milkshakes, Sqwishee drinks and Costa coffee as... Read more »
  • Campo Viejo encourages customers to drink with friends
    Spanish wine producer Campo Viejo, known for its Rioja, has launched a major social media, video and radio campaign in time for the summer. The “Decanta La Vida” (live every day to the fullest) campaign aims to celebrate the sociable Spanish way of life and to encourage drinkers to share... Read more »
  • Hard seltzer White Claw targets audiences at summer music festivals
    Alcoholic seltzer drink White Claw is launching a summer-long promotion at festivals up and down the UK. The ‘hard seltzer’ will run bars at more than 40 festivals this year, including: Wide Awake and City Splash next week; Love Saves the Day and Mighty Hoopla in June; and Boardmasters and... Read more »
  • ACS keeps up pressure on government to introduce online sales tax
    The government is being urged to go ahead with an online sales tax by the Association of Convenience Stores (ACS). The ACS, responding to a consultation on the proposed new tax, said revenue raised could be used to reduce business rates for bricks-and-mortar shops, which are currently at a competitive... Read more »
  • Scottish Grocers’ Federation bolsters leadership team
    A retailer who was awarded a British Empire Medal (BEM) in last year’s New Year’s honours list has been made junior vice-president of the Scottish Grocers’ Federation. The appointment puts Graham Watson in line to be president of the SGF in 2024. Watson, from Moniaive in Dumfries & Galloway, runs... Read more »
  • Old pie-maker launches new packaging
    The 170-year-old Lancashire pie-maker, Holland’s Pies, is to make its products available in sustainable, price-marked packs (PMPs). From the middle of June, the new packs will be offered in Potato & Meat, steak & kidney, Cheese & Onion and the company’s latest filling, Peppered Steak, which the pie-maker launched last... Read more »
  • Trader Joe’s workers push to unionize amid wave of organizing efforts
    Branch in Hadley, Massachusetts, would be the first unionized store out of more than 530 locations in the USOrganizers have begun a unionization campaign at the upscale supermarket chain Trader Joe’s after workers at a branch in Hadley, Massachusetts, announced they were forming a union and intend to file a... Read more »
  • B&Q owner Kingfisher ‘managing inflation’ as DIY demand continues
    Retailer launches £300m share buyback as it retains most of sales increase during Covid pandemicB&Q owner Kingfisher has said it is managing inflationary pressures amid “resilient demand” for DIY despite the cost of living crisis in the UK and other markets.The retailer, whose other UK brand is the hardware trade... Read more »
  • Should I pay up for toys after collapse of borrowing service Whirli?
    A reader says they have been asked to pay retail price, while others who paid in advance are worriedI have a two-year-old and have been paying a £16-a-month subscription to the toy swap company Whirli.The company went into administration last week and since then the communication has been shocking. It... Read more »
  • Pay gap in UK between bosses and workers likely to widen in 2022
    After narrowing during pandemic, analysis suggests FTSE 350 CEOs will collect 63 times average median pay at their companiesThe gap between the pay of bosses and employees will widen again this year after narrowing during the pandemic, research suggests.FTSE 350 chief executives are expected to collect 63 times the average... Read more »

Video: New Retail Fest Fall 2020 – How has COVID Changed the Rules of the Game and What’s Coming Next?

Jack Ma of Alibaba coined the term “New Retail” to describe the seamless integration between the offline and online in retail, and how big data, AI and the digitization of the entire retail value chain will be the new normal. In this panel we’ll discuss what “New Retail” will look like in a post-COVID world, and what brands and retailers should do to come back from the crisis and face the existing challenges of growing competition from eCommerce giants like Amazon and Alibaba, reduced margins and growing customer expectations.

And There’s More

The World of Retail

  • JYSK continues UK expansion with new store to open in Telford
    As part of JYSK’s plans to expand in the UK, the largest Danish retailer, operating globally, will be opening its first Telford store on 2nd June 2022 at Unit NQ1, Northern Quarter, Telford Shopping Centre. The new store will be managed by Stephen Ambrose and boasts 1200 sq mtrs of... Read more »
  • New Look is to open a new 5,244 sq ft store in Barnsley
    Fit out work has already started and New Look says the new, brighter and modern store allows the best shopper experience possible for the people of Barnsley. The announcement comes hot on the heels of a string of leasing announcements, which brings major brands including Fridays, Flannels, River Island, Cineworld,... Read more »
  • H&M opens doors to new Braehead store, Glasgow
    Braehead owned by property company SGS and asset managed by Global Mutual Properties, has announced that H&M has opened the doors to its new new Braehead store in Glasgow. H&M has re-located from its former unit to a new ground floor space, spanning 17,000 sq ft, on a 10-year lease. Visitors... Read more »
  • Why do Brits love online shopping?
    Online shopping has revolutionised how we consume goods and has also changed how businesses and companies market and sell their products and services. It has even eliminated the need for a shop front altogether.  But why do Brits, in particular, love online shopping? Some surveys suggest up to 95% of... Read more »
  • Marks and Spencer to open new store at Lakeside, Essex
    Lakeside, owned by property company SGS, is pleased to announce that M&S has signed to open a new store at the centre, due to launch in Spring 2023. Lakeside’s existing M&S store will move from its current location to the new unit, covering 98,000 sq ft of net selling space.... Read more »
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