Breaking Retail news
Labour shortage sees millions of pounds of fruit and vegetables wastedAt least £20m worth of fruit and vegetables were wasted in the first half of this year because there weren’t enough workers to pick the crops, says the National Farmers Union (NFU). Because the NFU survey covered just a third of the horticultural sector, the NFU estimates that the total... Read more »- New Burts popcorn rangeIndependent snack maker, Burts Chips, has introduced two flavours of popcorn to its range. Popcorn is amongst one of the trends driving the snacking industry and the award-winning firm hopes its hand-cooked and small batch ready-to-eat popcorn, will meet snack cravings yet remain a healthy food option for consumers. The... Read more »
- Pay rises, but not as much as inflationPay has fallen even further behind cost of living, according to the latest figures from the Office for National Statistics (ONS). Average wages went up 4.7% in the second quarter of this year, but that was outpaced by price rises, which are increasing at a much faster pace. The real... Read more »
- Royal Mail launches free offer on Parcel Collect serviceRoyal Mail has stepped up its promotion of its Parcel Collect service by offering it for free until the end of December. The £0 offer on doorstep collection, which Royal Mail launched in October 2020, applies to the service where parcels are collected by posties on their daily rounds. Nick... Read more »
- Inflation pushes annual grocery shop up by more than £500Grocery price inflation is at the highest level since Kantar started measuring it in 2008, the analyst said today. Grocery inflation hit 11.6% over the past four weeks. Fraser McKevitt, Kantar’s head of retail and consumer insight, said: “As predicted, we’ve now hit a new peak in grocery price inflation,... Read more »
- Ted Baker agrees takeover by US Reebok ownerDirectors recommend 110p-a-share deal with ABG, which values the London-listed clothing firm at £211mTed Baker has agreed a cut-price £211m takeover by the US group that owns Reebok and a stake in David Beckham’s clothing and merchandise empire.The board of the retailer, which has more than 500 shops and concessions... Read more »
- Big Story: How to hold on to staffPass any restaurant or bar and chances are you will spot a “staff wanted” sign in the window. A combination of pandemic bounce-back, Brexit and inflation fuelled by Russia’s invasion of Ukraine has had an unprecedented impact on the UK economy. The cost of living is soaring and business confidence... Read more »
- Cadbury FC promo kicks offCadbury is launching a special on-pack promotion to engage football fans in stores across the UK this summer. Prizes up for grabs in its Win a Wordie campaign which runs until November, include meet-and-greet experiences with some of football’s biggest names. Four lucky winners will win the top tier prize... Read more »
- Shanghai: Ikea shoppers flee from authorities trying to quarantine store – videoFootage circulating on social media shows chaotic scenes at an Ikea store in China's Shanghai. Authorities attempted to quarantine the store after a customer had been in close contact with a positive Covid case. Footage shows the guards trying to close the doors before shoppers manage to flee. The city... Read more »
- Rustlers adds to PMP rangeRustlers Hotdog is to join the brand’s PMP range in the convenience channel. The PMP range already includes the Quarter Pounder, BBQ Rib, All-Day Breakfast Sausage Muffin and Southern Fried Chicken Sub. Savvy shopping is no longer just the domain of those on a tight budget. For many shoppers, the... Read more »
- Barclaycard says shoppers want tighter control over shoppingConsumers are returning to in-store shopping in an effort to gain more control over their spending, according to Barclaycard. In a list of the top 10 strategies for coping with the cost-of-living crisis, the card company said that the surge in online shopping during the pandemic had slowed. Its report... Read more »
- Pressure stepped up for minimum alcohol price in Northern IrelandIndependent retailers on both sides of the Irish border have confirmed their support for the introduction of minimum unit pricing (MUP) for alcohol in Northern Ireland. Leaders of the Federation of Independent Retailers (the Fed) say that minimum pricing in the province would create a “level playing field” and allay... Read more »
- Aldi to give UK warehouse workers second pay rise in a yearMajority will now earn minimum of £12.66 an hour, up from £11.95, with those in London on at least £13.05Aldi is giving its warehouse workers their second pay rise in a year, with wages rising almost 6% for most staff next month, in the latest sign of the intense competition... Read more »
- M&S Oxford Street store plan opposed by author Bill Bryson and architectsRaze-and-rebuild proposal for London shop led to carbon footprint debate, with public inquiry loomingThe author Bill Bryson and architects including the Stirling prize winner Steve Tompkins and Mark Hines, the project director for the remodelling of BBC Broadcasting House, have lined up to oppose plans to flatten Marks & Spencer’s... Read more »
- Australian-made videogame tops global charts as players flock to Cult of the LambMelbourne indie game developer Massive Monster’s latest has ‘just blown up’ on first weekend of its releaseFollow our Australia news live blog for the latest updatesGet our free news app, morning email briefing or daily news podcastThe Australian-made video game Cult of the Lamb has topped global gaming charts on... Read more »
Labour shortage sees millions of pounds of fruit and vegetables wasted
Ted Baker agrees takeover by US Reebok owner
Asda holds out against ban on cheap barbecues after rival removed them from shelvesVideo: 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
- LEGO® Store in Leicester Square is now world’s biggestAfter four months of extensive refurbishment, the LEGO Group reopened the doors to the LEGO® Store in Leicester Square – now officially, the biggest LEGO store in the world. The newly expanded and completely refurbished store features impressive 3D builds inspired by ‘Stories of Britain’ which celebrate the country’s icons,... Read more »
- The ‘store squeeze’ prompts investments in digitalising bricks-and-mortar on UK retailers’ tech roadmaps, Pricer research revealsThe squeeze on stores, which is putting pressure on bricks-and-mortar estates to perform more digital roles and support ecommerce operations, is accelerating UK retailers’ investment in digitalising their store estates, with autonomous, replenishment and contact-free capabilities becoming prioritised on tech roadmaps, the latest research from Pricer shows. Original research of... Read more »
- BOSS launch new Oxford Street store concept and experienceDalziel & Pow have partnered with HUGO BOSS to redefine and design their new BOSS store concept and experience, which has just launched on Oxford Street, London. The purpose of the new concept is to redefine and create the new BOSS store experience, one that inspires customers to find their... Read more »
- Tessuti opens global flagship at Liverpool ONEGrosvenor has announced that designer retailer, Tessuti, has opened its new global flagship store at Liverpool ONE, demonstrating the brand’s ongoing vote of confidence in the destination. The new location on Paradise Street follows Tessuti’s consistently strong performance at Liverpool ONE and spans two floors measuring 22,000 sq ft. Boasting... Read more »
- Romantic femininity, tone and texture are at the heart of steele. HOUSE flagshipThe steele. HOUSE flagship store is a physical manifestation of all that the fashion brand embodies. From the tactility of finishes that ignite the senses, to the saturation of natural light that makes for a dreamy retail atmosphere. The boutique is the first of its kind, bringing the primarily online... Read more »
LEGO® Store in Leicester Square is now world’s biggest
Employee Perks: Are You Giving Too Many or Not Enough?- ●Cost-of-living crunch is 'already hitting' the Scottish retail sector | HeraldScotlandSummer retail sales in Scotland have flatlined as the value of workers' real ... its regular monthly data on employment and wages across the UK.... Read more »
- Top Retail & hospitality - Yahoo FinanceYahoo Finance's Jared Blikre examines market movements, as well as the the action surrounding retail, financial, and luxury brand stocks.... Read more »
- Lessons Of 2008 That Retailers And Manufacturers Should Learn As UK Heads Towards RecessionEarlier this month, the Bank of England forecast that the UK economy will fall into a recession by October. Governor Andrew Bailey warned the ...... Read more »
- Big Story: How to hold on to staff - Talking RetailA combination of pandemic bounce-back, Brexit and inflation fuelled by Russia's invasion of Ukraine has had an unprecedented impact on the UK ...... Read more »
- Selkirk: Co-op supermarket plans at ex-Sainsbury's site resubmitted | Border TelegraphIt adds: “We feel the existing use and location as a service site is well positioned for redevelopment into a modern retail convenience food unit for ...... Read more »
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