Breaking Retail news
Contactless is making it easier to spend, but is that a good thing?We will soon be able to hand over £100 at the tap of a card: but what will that mean for fraud victims and the vulnerable?It is about to get a lot easier to spend your money. The chancellor, Rishi Sunak, announced last week that consumers will soon be able... Read more »- John Lewis treads a fine line between staying special and staying aliveThe retailer’s results this week will look ugly, but too drastic a course change could hurt its image foreverJohn Lewis is expected to lay bare the extent of the damage it has suffered during the pandemic on Thursday, with its first annual loss and confirmation of plans to close more... Read more »
- The ‘soulless corporation’ look – yes, it’s Amazon on the high street | Barbara EllenTill-free convenience is all very well until the bill eventually arrives at homeI may be a retail misanthrope, but are the till-free Amazon Fresh shops a depersonalised step too far? At first sight, the basic concept (wander in, wander out, get charged later) looks tailor-made for me.I already don’t need... Read more »
- ACS makes recommendations for a workable deposit return schemeThe Association of Convenience Stores has responded to an Environmental Audit Committee (EAC) call for evidence on the next steps for the implementation of deposit return schemes. The call for evidence sought views on the materials in scope, scheme design, obligations on retailers, recent changes in retail activity, and how... Read more »
- PayPoint marks International Women’s DayThe PayPoint Group, owner of payments brands such as PayPoint and Handepay, is highlighting female business owners within its network of convenience stores and merchants to mark International Women’s Day (8 March). The PayPoint Group has recognised Natalie Lightfoot, owner of Londis Solo Convenience Store in Glasgow. Lightfoot moved from... Read more »
- Nisa unveils Easter dealsNisa is encouraging its retailer partners to stock up early for Easter as research reveals that more than 50% of all gifts are bought weeks ahead of the event. The symbol group has introduced a range of confectionery deals to help shoppers stock up on treats ahead of the bank... Read more »
- Budgens grows partnership with food waste appBudgens has expanded its partnership with surplus food app Too Good To Go to 100 stores. Too Good To Go lets people buy surplus food and drink from retailers, restaurants, pubs, and producers to stop it from going to waste. Consumers download the free Too Good To Go app and... Read more »
- Menzies carriage charge to remain unchangedMenzies Distribution’s carriage charge is to remain unchanged for the time being, the company has notified the NFRN. The company said that it has not undertaken any review at present and cannot commit to an actual date when this will take place. Traditionally, Menzies announces any changes to its carriage... Read more »
- SuperValu sponsors webinar to mark International Women’s DaySuperValu is to sponsor charity AsIAm’s latest webinar, which focuses on women and girls living with autism, to mark International Women’s Day (8 March). The day celebrates the achievements of women and to mark the occasion AsIAm and SuperValu will host an online seminar that will explore the experiences of... Read more »
- Mars Wrigley adds egg hunt packs to Easter 2021 rangeMars Wrigley UK has expanded its Easter portfolio with new Easter Hunt Mixes. Maltesers Easter Hunt Mix (£6.99; 279.8g) includes seven 21g hollow eggs, eight Mini Bunnies and two 29g Bunnies, and Galaxy Easter Hunt Mix (£6.99; 306.4g) includes seven 21g hollow eggs, eight Caramel Mini Eggs and two 34g... Read more »
- Forecourt operator selects EDGEPoS for three sitesRetailer Ehtsham Ul Haq has installed EDGEPoS at his three Essar-branded forecourts at Hatton Service Station near Derby, Rockbay Service Station in Buxton, and newly opened Burslem Filling Station in Stoke on Trent. Henderson Technology’s installation partner Celestra completed all three installs with full remote training with managers and staff... Read more »
- Consumer confidence reaches highest level in year, research showsConsumer confidence is at its highest level in over a year, new research reveals. The latest IGD Shopper Confidence Index shows consumer confidence increased for the second month running, hitting -4, which is the highest level since February 2020. The increase in confidence has been driven by the government’s plan... Read more »
- Tesco sets health target in response to shareholder challengeTesco plans to increase the proportion of sales from healthier products to 65% by 2025 in response to a shareholder resolution co-ordinated by investors group ShareAction. The supermarket giant has committed to publish a strategy to achieve this goal and to report on its progress annually, as requested by the... Read more »
- Frasers Group warns of store closures after 'near worthless' budget supportRetailer says rates cap ‘will make it nearly impossible to take on ex-Debenhams sites’Coronavirus – latest updatesSee all our coronavirus coverageFrasers Group, the retailer controlled by the Sports Direct founder Mike Ashley, has said it will be forced to close stores and cut jobs after a “near worthless” support package... Read more »
- Ghosts of Christmas past: festive displays remain in London's locked-down shops - in picturesAs Easter approaches, some London shops are still displaying Christmas decorations after closing at short notice on 20 December Continue reading...... Read more »
Contactless is making it easier to spend, but is that a good thing?
ACS makes recommendations for a workable deposit return scheme
Budget 2021: Asda, Morrisons and Tesco vow to refuse business rates reliefVideo: 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
- United Colors of Benetton debuts a new highly sustainable store conceptBenetton raises the curtains on a new store concept in Florence. Featuring intensive use of sustainable materials and state-of-the-art, energy-saving technologies, this new location is a real trailblazer for a revolutionary approach to low environmental impact retail. The result of an intensive research and innovation effort, the new store is... Read more »
- Deichmann springs into Touchwood as Lendlease announce new signingLend Lease Retail Partnership (LLRP), a fund managed by Lendlease, has announced the signing of Europe’s largest footwear retailer, Deichmann, at Touchwood Solihull, following the German brand declaring expansion plans to support British high streets amid the ongoing pandemic. The brand has traded for over a century, starting as a... Read more »
- Amazon opens first ‘Amazon Fresh’ store in the UKToday, 4-March, Amazon is opening its doors to Amazon Fresh, the first convenience grocery store to offer Just Walk Out Shopping in the UK. Amazon Fresh is Amazon’s first physical shop and first grocery store outside of the US. The first location is in Ealing, London. To shop the Amazon... Read more »
- How To Spring Clean Your Retail Store With This ChecklistMy first job was as a janitor in a dry-cleaning store. One rainy Thursday I had cleaned up the break room like I usually did and returned to get something when I heard a stern older woman's voice from behind me say, "So you're the one." ... Read more »
- Navori Labs Unleashes AI Marketing Analytics Software for Retail and Physical BusinessesDigital signage software pioneer Navori Labs today launches Aquaji, an AI-driven marketing analytics software that will improve the customer experience in physical environments, including brick and mortar stores, restaurants, and shopping malls, and enhance digital out-of-home (DOOH) advertising. Aquaji counts unique visitors and gathers demographic data, length of stay, wait... Read more »
United Colors of Benetton debuts a new highly sustainable store concept
How To Spring Clean Your Retail Store With This Checklist- Garden retailers look forward to Mothering SundayLate night shopping has begun on Thursdays. Monday, March 8 will be the day that Step 1 of Boris Johnson's roadmap to easing restrictions in England ...... Read more »
- Bookings surge signals 'end of Covid' boom for UK events sector | Travel & leisureThe UK is in store for an unprecedented boom in events as the industry ... In step two, there will be a reopening of non-essential retail, hair and nail ...... Read more »
- California bill could ban gendered children's sections in large retailersMore than 18 million people in England - more than a third of the adult population - have already received a vaccine. Across the UK, more than a million ...... Read more »
- Week ahead: UK GDP, ECB meeting and US inflationOther key releases will come from the British Retail consortium's monthly sales monitor on Tuesday, a temperature check on the housing market from ...... Read more »
- Chancellor 'looking at new way to tax online retail giants'Rishi Sunak says he is seeking support from the UK's allies for a new way to tax online retail giants like Amazon. Days after delivering the Budget, the ...... Read more »
Google News
- International Women’s Day: the Covid careers crisisDrapers International Women’s Day: the Covid careers crisis The jobs cull in fashion retail is hitting its largely female workforce disproportionately hard. What are the prospects for women juggling work, childcare and home responsibilities in these straitened times? The post International Women’s Day: the Covid careers crisis appeared first on... Read more »
- Bed Bath & Beyond Goes All in on Private-Label BrandsBed Bath & Beyond will launch at least eight new owned brands in fiscal 2021, with six debuting sequentially in the first six months of the fiscal year, which begins March 2021. The retailer will introduce thousands of new products available only at Bed Bath & Beyond to drive differentiation,... Read more »
- Deliverr Raises $170M to Scale Up Ecommerce Delivery ServiceEcommerce fulfillment provider Deliverr has raised $170 million in new funding, bringing the total capital raised to more $240 million. Deliverr describes itself as “democratizing fulfillment” by enabling merchants of any size to provide a “Prime-like customer experience” with services like two-day and next-day delivery. The current ecommerce boom has... Read more »
- Burlington Doubles Store Total Target to 2,000, Plans 75 Net New Locations for 2021Burlington Stores has doubled its long-term store footprint target to 2,000 stores, up from the 1,000-store target established when the company launched its IPO in 2013. In reporting its Q4 2020 results, Burlington said industry-wide store closures had presented a significant opportunity for the off-price chain as it begins rolling... Read more »
- Fashion sales remain lowDrapers Fashion sales remain low Like-for-like sales of fashion and footwear fell 9.81% year-on-year in the week to 5 March, BDO's High Street Sales Tracker shows. The post Fashion sales remain low appeared first on Drapers.... Read more »
- Retail Gazette Loves: The Perfume Shop’s Mother’s Day campaignThe Perfume Shop is celebrating Mums like never before this Mother's Day by having customer's video messages played in space. The post Retail Gazette Loves: The Perfume Shop’s Mother’s Day campaign appeared first on Retail Gazette.... Read more »
- Thousands of Tesco shop managers in consultation via new restructureTesco has reportedly launched a consultation process with thousands of managers of in-store departments as part of a new restructuring scheme. The post Thousands of Tesco shop managers in consultation via new restructure appeared first on Retail Gazette.... Read more »
- HBC Splits Saks Fifth Avenue Into Separate Ecommerce and Brick-and-Mortar BusinessesHBC will spin off Saks Fifth Avenue’s ecommerce business as a standalone entity that will be called Saks. Growth capital investor Insight Partners will make a $500 million minority equity investment in Saks in a deal that values the online retailer at $2 billion. The 40-store Saks Fifth Avenue chain... Read more »
- Carrefour Franchisee in UAE Automates Online Order FulfillmentMajid Al Futtaim, the exclusive franchisee of French hypermarket chain Carrefour in the United Arab Emirates, has opened a fully automated micro-fulfillment center (MFC) at the Carrefour store in Ibn Battuta Mall in Dubai. Developed in partnership with Takeoff Technologies, the digitized storage picking facility automates the task of managing... Read more »
- VF Corp hires Susie Mulder as global brand president of TimberlandVF Corp has announced the appointment of Susie Mulder as the new global brand president of its Timberland fascia. The post VF Corp hires Susie Mulder as global brand president of Timberland appeared first on Retail Gazette.... Read more »
- The Future of Retail: Enriching the Customer Experience via Conversation APIsAs COVID-19 quickly spread in early 2020, the retail industry was among the first to be affected. But unlike hard-hit sectors such as airlines and live events, retail saw a more uneven impact — especially when it came to dramatically changed consumer behavior. Now, almost a year later, retailers are... Read more »
- How Constellation Brands is Using DTC Tactics to Take its Wholesale Business OmnichannelConstellation Brands — home to top beer, wine and spirits brands including Corona, Modelo Especial, Kim Crawford, Meiomi and SVEDKA Vodka — is embarking on a digital transformation driven by advanced data analytics and expertise from the DTC world. The beverage alcohol company, which has operated as a traditional distributor-based... Read more »
- Editor’s Comment: Reopening roadmap puts a spring in retail’s stepDrapers Editor’s Comment: Reopening roadmap puts a spring in retail’s step Finally, after the long dark slog of January and February, spring is around the corner – and with it, a path out of lockdown. The post Editor’s Comment: Reopening roadmap puts a spring in retail’s step appeared first on... Read more »
- Grocery chains’ store growth rate doubles in 2020The number of new grocery stores opening up across the UK doubled last year on the back of surging demand amidst the (...) The post Grocery chains’ store growth rate doubles in 2020 appeared first on Retail Gazette.... Read more »
- M&S Bank closes all customer current accounts and scraps all in-store branchesMarks & Spencer is scrapping all M&S Bank customers’ current account and closing all in-store branches as it dramatically scales back its financial arm. The post M&S Bank closes all customer current accounts and scraps all in-store branches appeared first on Retail Gazette.... Read more »
International Women’s Day: the Covid careers crisis
Bed Bath & Beyond Goes All in on Private-Label Brands.
