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Debenhams to be wound down putting 12,000 jobs at risk – business liveRolling coverage of the latest economic and financial news, with 25,000 jobs now at risk across two UK stricken retailersLatest: Debenhams administrators to start winding firm downDebenhams will keep trading until stock soldEnd of 242 years of retail historyLiquidation process begins after rescue talks failLabour: Devastating news for Debenhams staffArcadia... Read more » - ●Nisa hails new websiteNisa has reported “rocketing” numbers of enquiries from prospective partners thanks to its new website, launched in July to consolidate its web presence. Prior to the new website’s development, different domains existed – Nisa corporate site, Making a Difference Locally, the Join-Nisa site and others – which have been consolidated.... Read more »
- ●Independent stores set for £3.5bn boost as Brits shop local this ChristmasSmall retailers are set for a £3.5bn boost in the build-up to Christmas as the doors of Britain’s non-essential retailers reopen tomorrow (2 December), with 66% of consumers planning to buy gifts from independent shops, new research reveals. Research from the British Independent Retailers Association and Starling Bank shows that... Read more »
- ●Sosandar expected to return to profit, says finance chiefDrapers Sosandar expected to return to profit, says finance chief Online womenswear retailer Sosandar is cautiously optimistic about returning the business to profit after narrowing its losses, and is now looking at expanding its retail footprint. The post Sosandar expected to return to profit, says finance chief appeared first on... Read more »
- ●Frubes unveils new pack design and promotionYogurt brand Frubes is rolling out a new pack design featuring a gift-in-pack promotion, supported by a campaign. The pack design features “key consumption occasion icons”, such as “Great for Lunchboxes” and “On-The-Go”. The gift-in-pack promotion, “Spin the Frube”, is running until 31 January 2021 and offers consumers a free... Read more »
- ●EG Group warns Caffè Nero of legal challenge after bid rejectionLawyers for EG Group have warned struggling coffee shop chain Caffè Nero that its company voluntary arrangement will face a legal challenge from landlords, reports reveal. The news comes after Caffè Nero snubbed a takeover offer from EG Group. The Issa brothers made an offer for the coffee chain on... Read more »
- ●A ‘very sad’ day for retail as Arcadia Group collapsesDrapers A ‘very sad’ day for retail as Arcadia Group collapses The industry has reacted with sadness after Arcadia Group became the latest high street casualty of the coronavirus pandemic, casting doubt over the future of thousands of jobs and stores. The post A ‘very sad’ day for retail as... Read more »
- ●Ambrosia returns to screens with £2.5m advertPremier Foods is launching a TV advert for its Ambrosia brand, in a move designed to “drive awareness of the brand in the crucial period ahead of Christmas”. The advert features the tagline “Devon knows how they make it so creamy” and is running from today until March 2021, supported... Read more »
- ●Post Office appoints director to support relationships with retailersPost Office has selected Katie Secretan in the newly-created role of strategic partnerships director. Secretan joins from Costa Coffee where she was partnerships director UK and Ireland. She has also held roles held at Capita and O2. Secretan will be responsible for broadening and deepening Post Office’s engagement with its... Read more »
- ●The Famous Grouse celebrates the outdoors with new campaignWhisky brand The Famous Grouse has launched a global campaign focusing on “occasions and the outdoors”. The “Spend Time in Grouse Country” campaign is running across TV, social media, and merchandising assets for retailers, and aims to “enjoy their preferred moments and special occasions” either by the fire, outdoors, or... Read more »
- ●PayPoint secures Bulb energy payments dealPayPoint has agreed a new partnership with fast-growing energy supplier Bulb, which enables its customers to pay for energy top-ups at convenience stores. Bulb supplies 100% renewable electricity and gas to 1.7 million people in the UK. The deal means Bulb customers can top up their prepayment meters – whether... Read more »
- ●How will you be impacted by the collapse of Arcadia Group?We’d like to hear from people who will be impacted by news that Arcadia Group has called in administrators. High street names include Topshop, Miss Selfridge, Dorothy Perkins and EvansArcadia Group has collapsed into administration, putting 13,000 jobs at risk.The group, which owns brands including Topshop, Topman, Miss Selfridge, Dorothy... Read more »
- ●Debenhams to close 124 stores as business is wound downDrapers Debenhams to close 124 stores as business is wound down Debenhams' UK business will be wound down, resulting in 124 store closures and thousands of redundancies. The post Debenhams to close 124 stores as business is wound down appeared first on Drapers.... Read more »
- ●Debenhams set to close all stores with possible loss of 12,000 jobsDepartment store chain goes into liquidation after JD Sports ends talks over rescue dealLive coverage: Debenhams to be wound downTopshop owner Arcadia Group collapses into administrationDebenhams is set to wind down the business and close all 124 stores with the potential loss of 12,000 jobs after JD Sports ended discussions... Read more »
- ●Coronavirus: Wales unveils alcohol ban for pubs and restaurantsPubs, restaurants and cafes in Wales will be banned from serving alcohol from Friday (4 December) and will be unable to open to customers beyond 6pm under new rules to tackle the coronavirus pandemic. Businesses can offer a takeaway service after 6pm, and if they have an off-licence, they can... Read more »
Debenhams to be wound down putting 12,000 jobs at risk – business live
Nisa hails new website
Sosandar expected to return to profit, says finance chiefVideo: 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
- ●London’s Regent Street to be pedestrianised in run up to ChristmasLondon's Regent Street is set to be pedestrianised in the lead up to Christmas in an effort to allow visitors to "shop comfortably and view Christmas installations". The post London’s Regent Street to be pedestrianised in run up to Christmas appeared first on Retail Gazette.... Read more »
- ●Holland & Barrett announces initiative to save up to 370,000 food items from landfillFollowing a successful trial, Holland & Barrett, the UK’s leading specialist health food retailer is rolling out its “Too Good to Waste” initiative nationwide in bid to save over 370,000 food items from landfill each year – the equivalent weight of two London taxis in nuts alone, and almost 3000... Read more »
- ●Is Curbside the New Holiday Retail Battleground?While health and safety concerns and local restrictions have prompted many retail operators to expand their businesses to the curbside, the longer-term story behind that shift is as much about convenience. Retail has been using alternative shopping methods for years, including curbside pickup, lockers and drive-through windows; the pandemic has... Read more »
- ●The collapse of Debenhams and the Arcadia group was inevitable, says GlobalDataFollowing the news that Arcadia has fallen into administration, and that Debenhams it set to close all its stores: Pippa Stephens, retail analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “While Debenhams and Arcadia were both already in trouble before the pandemic hit,... Read more »
- ●Aptos Golden Quarter Report – Making the most of this challenging yearA new Aptos report has delivered much-needed good news for the UK retail sector as it heads into the peak trading season of the year – especially after the challenging year we’ve had. The Golden Quarter 2020: Christmas Is Coming, Come What May report revealed that retail stores have not lost their Christmas... Read more »
- ●Balenciaga to launch latest collection through a video gameBalenciaga is set to unveil its latest clothing collection through a bespoke original video game which customers can play through their browser. The post Balenciaga to launch latest collection through a video game appeared first on Retail Gazette.... Read more »
- ●Sainsbury’s faces drivers’ strike after “point blank refusing” to discuss pay disputeSainsbury’s has been faced with a pay dispute involving staff at its Waltham Abbey distribution centre in Essex, which could affect supply to stores in London and the south east. The post Sainsbury’s faces drivers’ strike after “point blank refusing” to discuss pay dispute appeared first on Retail Gazette.... Read more »
- ●A ‘very sad’ day for retail as Arcadia Group collapsesDrapers A ‘very sad’ day for retail as Arcadia Group collapses The industry has reacted with sadness after Arcadia Group became the latest high street casualty of the coronavirus pandemic, casting doubt over the future of thousands of jobs and stores. The post A ‘very sad’ day for retail as... Read more »
- ●Smurfit Kappa’s strength in innovative design leads to award success in BrazilSmurfit Kappa has been recognised as a leader in innovative packaging design scooping numerous prestigious awards recently in Brazil. The ABRE awards recognises packaging which stands out as icons of excellence in quality, technology, design, functionality, sustainability and innovation. Smurfit Kappa, which has a strong track record in creating innovative... Read more »
- ●Toys Hit the Top Spot on eBay UK in First Black Friday at HomeTwo of the most popular products bought on eBay UK on Black Friday were toys and games 9am replaced the usual commuting peak time, followed by all day shopping spree This Black Friday eBay saw strong support for small businesses with 10 items every minute sold by an SME Taking a... Read more »
- ●One in five UK consumers will buy Christmas presents for people who have helped them this yearResearch by Virgin Experience Days shows 22% of UK consumers will buy gifts to thank people for help this year 81% of respondents agree Christmas will take on a different meaning for them this year Over two thirds expect friends and family to spend less on them this Christmas, but... Read more »
- ●PS5 scalper made $40,000 in a single week reselling consolesA PlayStation 5 scalper who used bots to buy up hundreds of consoles has reportedly made $40,000 in a single week reselling them at exorbitant prices. The post PS5 scalper made $40,000 in a single week reselling consoles appeared first on Retail Gazette.... Read more »
- ●Pets At Home bags £100m from sale of five specialist vet practicesPets At Home has sold its specialist veterinary business for £100 million to rival Linnaeus Group, the pet goods specialist (...) The post Pets At Home bags £100m from sale of five specialist vet practices appeared first on Retail Gazette.... Read more »
- ●Debenhams to close 124 stores as business is wound downDrapers Debenhams to close 124 stores as business is wound down Debenhams' UK business will be wound down, resulting in 124 store closures and thousands of redundancies. The post Debenhams to close 124 stores as business is wound down appeared first on Drapers.... Read more »
- ●JD Sports exits Debenhams rescue talksDrapers JD Sports exits Debenhams rescue talks JD Sports has pulled out of talks on a rescue takeover of Debenhams after the department store's biggest concession holder, Arcadia Group, collapsed into administration last night. The post JD Sports exits Debenhams rescue talks appeared first on Drapers.... Read more »
London’s Regent Street to be pedestrianised in run up to Christmas
Is Curbside the New Holiday Retail Battleground?The World of Retail
- ●PeopleCount from PPDS named ‘Digital Signage Technology of the Year’ for providing ‘lifeline’ to retailers during pandemicA pandemic-inspired digital signage solution, designed to help retailers of all sizes – from small independents to multi-national chains – to open and operate safely while also enhancing their communications with customers, has been awarded the highly prestigious and globally-recognised Digital Signage Technology of the Year Award for 2020. The... Read more »
- ●SOCKSHOP opens new store at Trinity LeedsSock and hosiery retailer SOCKSHOP have announced the opening of a new store at Trinity Leeds. The new opening signals the retail expansion of the brand and joins the existing SOCKSHOP Store at the Manchester Arndale Centre, plus a host of concessions across the UK and it’s innovative and convenient... Read more »
- ●London’s West End retailers welcome visitors back with a series of traffic free shopping daysThe Christmas shopping and dining experience is one of the most memorable and cherished occasions in the calendar, and this year West End retailers and restaurateurs are coming together as part of #MyWestEnd to orchestrate a series of Traffic Free Saturdays in the lead up to Christmas. On Saturday 5th,... Read more »
- ●Coach – Holiday is where you find it!The Coach holiday scheme has been inspired by the late 70’s and early 80’s in New York City, you’ll find many NYC elements that make the execution fully magical. Overlooking the city in an oversized Snowglobe are New York City skyscrapers like the One World Trade and Empire State building.... Read more »
- ●Revealed: Black Friday’s Biggest Winners in the Fashion IndustryWhen it comes to the Black Friday sales, there are inevitably some winners and some losers. Brands across all sectors battle it out over the Black Friday weekend (including Cyber Monday) and it can all start to get a bit competitive with each business fighting for customers’ attention. Black Friday... Read more »
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