Breaking Retail news
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Morrisons acquires 38 convenience stores in the Channel IslandsMorrisons has acquired 38 stores in the Channel Islands from long term partner SandpiperCI. All of the stores are currently supplied by Morrisons in some capacity and 19 operate under the Morrisons Daily fascia. The transaction includes six fuel forecourts. The stores are located on… This story continues at Morrisons... Read more » - ●
Boohoo dives into debt as losses soar to £160m and sales slumpOnline fashion retailer cut over 1,000 jobs in year to February amid competition from rival Shein and resurgent high streetBoohoo has cut more than 1,000 jobs and dived into debt after its losses soared and sales slumped 13% amid heavy competition from the Chinese online seller Shein and the revival... Read more » - ●Burts launches limited-edition packs to celebrate 200 years of the RNLIAs part of the Royal National Lifeboat Institution’s (RNLI) 200th anniversary celebrations, Burts, is introducing limited-edition RNLI pack takeovers throughout the months of July and August 2024. Featuring RNLI heroes, the exclusive pack designs will be featured on the two most popular Burts flavours; Lightly… This story continues at Burts... Read more »
- ●Ribena’s bouncing berries advert returns to screensRibena’s bouncing berries will return to TV screens this year for a second summer season after their successful return in 2023. The Ribena berries made their return to screens last year for the first time in almost 10 years as part of the brand’s 85th… This story continues at Ribena’s... Read more »
- ●CMA calls on grocery stores to make accurate pricing a priorityThe Competition and Markets Authority (CMA) has reviewed the way a range of grocery retailers displayed their prices in-store to assess whether they were clear, accurate and matched the price people were charged at the till. The review looked at the price marking practices of… This story continues at CMA... Read more »
- ●2024 Technology and Solutions Showcase shortlist announcedACS has announced the shortlist for the 2024 Technology and Solutions Showcase, taking place on 4 June at Stoller Hall in Manchester. The Tech & Solutions Showcase provides a unique opportunity for retailers to find out about new transformative innovations that have either been recently launched… This story continues at 2024... Read more »
- ●‘It’s the brand speaking to you’: the scent firms making smells for Subway, Abercrombie and moreAs brick-and-mortar retail stores compete with e-commerce, chains are spending heavily to immerse customers in bespoke fragrancesWhen Dallas Pratt worked at an outpost of Aesop in an outdoor shopping mall outside Chicago, one of her and her co-workers’ favorite ways of drawing in new customers was making a concoction they... Read more »
- ●Banks creating ‘needlessly tougher’ circumstances for small businessesSmall businesses are being put off from innovating and growing by damaging financial regulations and inadequate support from banks, the Treasury Committee warns in a new report. In its report on access to banking services for smaller firms, MPs on the committee condemn the unfair… This story continues at Banks... Read more »
- ●Comfort launches botanical-inspired rangeComfort Scent Booster Elixir is the brand’s first beads-infused scent booster, introducing the brand’s new CrystalFresh transparent formula. Comfort has launched an innovative botanical-inspired range with – Comfort Scent Booster Elixir and Comfort Botanicals Fabric Conditioner – using a breakthrough formulation to deliver multi-sensorial freshness,… This story continues at Comfort... Read more »
- ●Royal Mail drop-off to be available at thousands of UK Collect+ storesRoyal Mail customers can now drop off parcels in convenience stores around the UK using the Collect+ network. More than 700 locations are now live in shops, with 5,000 planned by summer. Royal Mail customers are able to drop off packages up to large parcel… This story continues at Royal... Read more »
- ●Alpro announces new packaging Alpro has launched two best-selling variants, Creamy Oat & Almond No-Sugars Milk Alternatives, in a new 500ml pack size. Tom Kerr, head of category management plant-based at Danone said: “The cost-of-living crisis has had a significant impact on the plant-based beverage category, and while shoppers… This story continues at Alpro... Read more »
- ●Chinese network behind one of world’s ‘largest online scams’Exclusive: Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggestsMore than 800,000 people in Europe and the US appear to have been duped into sharing card details and other sensitive personal data with a vast network of... Read more »
- UK audiobook downloads up 17% last year, Publishers Association data showsAudiobooks are fast becoming ‘a major route to market for consumers of books’, the trade body saysThe number of UK audiobook downloads increased by 17% between 2022 and 2023, according to new data from the Publishers Association (PA).Revenue from audiobooks rose 24% across the same period to £206m in 2023,... Read more »
- Chupa Chups unveils new Mini Lollipop BagPerfetti Van Melle is introducing a new sharing pack: the Mini Lollipop Bag. Offering a selection of 30 mini lollipops in four flavours, it lands just in time for spring and summer parties and holidays. Available in an easy-to-share format, Chupa Chups’ mini lollipop bags… This story continues at Chupa... Read more »
- Wet weather woes cause damp start to spring for retailers and restaurantsConsumer caution over high interest rates and energy bills adds to bleak start to the year for sectorCold wet weather and caution about spending amid high interest rates and energy bills have delivered a dismal start to spring for retailers and restaurants, the latest industry figures show.Sales were virtually flat... Read more »
Chinese PLA-Air Force fighter aircraft fires flares in front of Australian Navy helicopter in the Yellow Sea off South KoreaVideo: 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
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True Fit Democratises Fashion Genome and Unlocks Growth for Rising Fashion Brands in Shopify
True Fit, the AI-driven platform that decodes size and fit for shoppers and fashion retailers, has announced that, following its launch in Shopify at the end of 2023, it is now driving a 14% average GMV growth for fashion brands on the platform, giving rise to the next generation of... Read more » - ●Herbolario Navarro, one of Spain’s largest retail chains for organic products, has taken a significant step towards sustainability – with TRILUX as its lighting partner. The retail giant installed E-LINE NEXT LED in over 50 stores nationwide. The continuous lighting system sets energy efficiency standards and significantly reduces carbon footprint. Its... Read more »
- Incentive travel is a reward system designed to motivate and acknowledge employees for their hard work and achievements. Typically, these are not standard holiday packages but bespoke experiences that align with the company’s values and the recipient’s preferences. From exploring new cultures in distant lands to luxurious retreats in serene... Read more »
- The Initial Investment in New Boilers The journey to purchasing a new boiler is one that involves careful consideration of both the immediate financial outlay and the long-term value. The cost of a new boiler encompasses various elements, from the initial purchase to installation, and the ongoing implications on household... Read more »
- Natural light can transform your home, making spaces appear larger, fresher, and more welcoming. But to truly harness the power of the sun, you need to select the right windows. This article explores how you can enhance your living space by making smart choices with your window designs and placements.... Read more »
Driving Luxury: Lessons from a Weekend with a Bentley Flying Spur- ●
'A new criminal offence to protect staff is progress, but tackling retail crime is not over' | Retail Week
The British Retail Consortium reports that only 8% of reported retail crime resulted in a prosecution last year, with just 4% resulting in a ...... Read more » - ●A major UK shopping centre was evacuated on Wednesday morning after reports of a suspicious package being found. Shoppers posted on social media ...... Read more »
- ●“The business Standards are the only lending protections of their kind for UK SMEs. As the committee has outlined, the FCA's ability to act in this ...... Read more »
- ●Mehmet Aksu, who founded Maksu in 2019, said: “We are excited to offer UK consumers the opportunity to discover the Maksu lifestyle in-store and shop ...... Read more »
- ●Outlook 2023 – what's in store for UK bank shares? · Chris Beauchamp, Publication date : Wednesday 14 December 2022 01:38. Boohoo shares slide on ...... Read more »
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