Breaking Retail news
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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 »Published: May 23, 2022 - 6:00 pmGovernment 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 »Published: May 23, 2022 - 5:15 pmBoost 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 »Published: May 23, 2022 - 5:03 pmMars 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 »Published: May 23, 2022 - 4:55 pmLimited 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 »Published: May 23, 2022 - 1:50 pmOld 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 »Published: May 23, 2022 - 11:47 amCampo 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 »Published: May 23, 2022 - 11:27 amHard 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 »Published: May 23, 2022 - 10:35 amACS 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 »Published: May 23, 2022 - 10:27 amScottish 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 »Published: May 23, 2022 - 10:21 amOld 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 »Published: May 23, 2022 - 9:13 amTrader 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 »Published: May 23, 2022 - 9:00 amB&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 »Published: May 23, 2022 - 8:31 amShould 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 »Published: May 23, 2022 - 6:00 amPay 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 »Published: May 22, 2022 - 11:01 pmAnger as man with guide dog told to leave Marks & Spencer shop
Senior executive at Guide Dogs charity says he was ‘publicly humiliated’ by security guardA senior executive at the charity Guide Dogs said he felt “publicly humiliated” when he and his guide dog, Faldo, were illegally told to leave a Marks & Spencer shop in west London.Dave Kent, 62, a corporate... Read more »Published: May 22, 2022 - 3:44 pmMajestic regains its power
King of the high street, Majestic is going back to its rootsCasal de Ventozela Vinho Verde, Portugal 2021 (£9.99, or £7.99 as part of a mixed case of six bottles, majestic.co.uk) With many of its traditional competitors having departed to the great High Street in the sky, and the rest... Read more »Published: May 22, 2022 - 5:00 am‘It’s ridiculous’: shock as some UK grocery prices rise by more than 20%
Which? analysis finds cereal, mushrooms and cheese among the items to have risen the mostAt Sainsbury’s in Whitechapel, east London, the rising cost of food has forced Petra Emmanuel to change her shopping habits.“Coupled with my utilities bill, it’s ridiculous,” the 51-year-old teacher said. “Even though I don’t buy branded... Read more »Published: May 21, 2022 - 6:12 amUK supermarket chains are still selling Russian fuel despite banning vodka and other products
Supermarkets that have made a show of banning vodka and other Russian products continue to sell the country's fuel. Tesco, Sainsbury's, Asda and Morrisonsl this week... Read more »Published: May 20, 2022 - 11:52 pmBoE economist sees interest rates rising higher; retail sales bounce despite inflation – as it happened
BoE’s Huw Pill says MPC faces its biggest challenge in 25 years, and indicates further monetary tightening needed to avoid wage-price spiralLatest: Former BoE governor criticises Bank’s failingsPill says further tightening needed as inflation heads to 10%UK retail sales rose 1.4% despite surge in inflationAlcohol and tobacco sales jump as... Read more »Published: May 20, 2022 - 3:01 pm
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
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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 »Published: May 23, 2022 - 11:01 amNew 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 »Published: May 23, 2022 - 10:56 amH&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 »Published: May 23, 2022 - 9:22 amWhy 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 »Published: May 20, 2022 - 10:55 amMarks 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 »Published: May 19, 2022 - 1:43 pmVolvo zooms into Brent Cross with electric car showcase
Volvo, one of Europe’s leading car makers, has opened a new studio at Brent Cross, providing unique access to its latest electric vehicles as the brand aims to ‘become all-electric’ by 2030. This is the first electric vehicle showcase within a UK retail destination for Volvo and underpins the wider... Read more »Published: May 19, 2022 - 8:24 amLaings opens debut OMEGA showroom for Wales in St David’s
Landsec has announced that Laings, the luxury jewellery retailer, has opened a new dedicated OMEGA showroom at St David’s Cardiff. The renowned watchmaker has taken an 838 sq ft space, which is both the first mono-brand showroom to be operated by Laings, and the first dedicated store for OMEGA in... Read more »Published: May 19, 2022 - 8:18 amDavid M Robinson (DMR), has reopened its Liverpool ONE flagship store to unveil its latest concept showroom
Grosvenor has announced that award-winning British luxury jewellery retailer, David M Robinson (DMR), has significantly upsized and extensively refurbished its Liverpool ONE flagship. DMR’s commitment to expand and launch its latest concept showroom is a milestone moment for both the Liverpool brand and the destination, where it has operated since Liverpool... Read more »Published: May 19, 2022 - 7:28 amMost Product Purchases Aren’t Impulsive, So Why Sell Them That Way?
I walked into a store in California last year and they had what seemed like thousands of mason jar candles stacked on a glass fixture from the '80s.It was right next to the register.I could see the logic of putting the display there. Candles are an impulse item. We probably... Read more »Published: May 18, 2022 - 9:15 pmNew tenants sign up at Cwmbran Centre Wales
Four new and exciting retailers are coming to Cwmbran Centre, Wales, after agreeing lease terms with the owner of the town’s leading retail destination. The new occupiers – Geek Retreat, H & T Pawnbrokers, USA Toys Ltd, and Star Sports Bet – are all fitting out their respective stores, ready... Read more »Published: May 18, 2022 - 8:42 am
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UK launches £40m competition to roll out self-driving commercial vehicles - City AM
The UK Government has launched a £40m competition to kick-start the roll out of commercial self-driving vehicles from 2025.... Read more »Source: تنبيه Google - UK retail | Published: May 24, 2022 - 1:10 am Campo Viejo encourages customers to drink with friends - Talking Retail
The campaign is being run with News UK and Virgin Radio, as well as through video-on-demand and social media. Lucy Bearman, wine portfolio director at ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 11:40 pmBailey bats away claims Bank of England has fuelled inflation - City AM
Governor of the Bank of England Andrew Bailey today snapped back at criticism he and the central bank's committee of rate setters have fuelled ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 11:13 pmRetailers blasted over 'deceitful' plastic phase-out claims - Edie.net
A new report has warned that European supermarkets and retailers are ... In total, the UK was one of the highest-scoring nations for retail brands ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 11:04 pmAnalysis-Beaten-down U.S. retail stocks may still be too pricy for investors
Shares of U.S. retailers and consumer-oriented stocks took a beating last week, but may not yet be low enough to tempt long-term investors who ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 8:47 pmUS issues final Brexit warning to UK not to take unilateral action as American delegation ... - City AM
The UK government has been warned by a delegation of US politicians not ... “For other sectors, like consumer-facing areas and retail, there are ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 8:30 pmSterling rallies to highest in over two weeks vs dollar - Yahoo Sport UK
Data on Friday showed British retail sales jumping unexpectedly in April. But expectations were tempered days later when inflation hit a 40-year ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 8:13 pmPound to Dollar Rate's Rally a Signal the Worst is Over: FX Pro
Domestically, stronger than expected first quarter UK wage growth, strong UK April retail sales figures and a tentative ebb lower in all-important ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 7:55 pmGarmin Forerunner 955 US price and details leaked - with surprise high-end option | TechRadar
As it was a US retailer, there was no word on prices in the UK, ... solar charging version of the 955 retail for less seems like a great step.... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 6:08 pmInnovative Cotswold Climate scheme halfway to investment target - Punchline-Gloucester.com
Find out more at cotswold.gov.uk/CCI ... Surprise boost in UK retail sales as shoppers buy more booze, tobacco and sweet treats: ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 5:20 pmWhere next for Marks & Spencer shares? - IG
The food and clothing retailer unveils figures this week ... international shares from zero commission with us, the UK's No.1 trading provider.... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 5:03 pmCCLA IM hires Man Group multi-asset manager as head of investment solutions | Portfolio Adviser
... with its longer time horizon, and with CCLA's plans to expand into the UK's retail investment market, it is an exciting time to be joining.... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 4:40 pmTortilla completes strategic acquisition of Chilango - Food & Drink International
Tortilla, the fast-casual Mexican restaurant group in the UK, has acquired Chilango for a total consideration of up to £2.75 million from ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 3:57 pmThe Very Group IPO: When to expect London listing of the retail giant? - Kalkine Media
The group is behind the operations of digital retailers Very.co.uk and Littlewoods.com. After the 2022 IPO plans were postponed, the £4billion IPO ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 3:34 pmCo-op trials autonomous home delivery robots - Parcel and Postal Technology International
UK food retail business Co-op has expanded its 'quick convenience' ... for households and workplaces up to a 15-minute walk from its stores.... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 3:27 pmBest Buy earnings expected to fan inflation gloom gripping America's retailers - Yahoo Sport UK
Expectations are running low for electronics retailer Best Buy Co Inc's quarterly earnings on Tuesday after results from two major industry ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 2:55 pmCreditspring raises £48 million - Finextra
News and resources on retail banking, consumer finance and reinventing customer ... its mission of improving financial stability across the UK.... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 1:47 pmS&P 500's bear market may just be getting started - IG
But while tech sector falls are to be expected, retail stalwarts ... Trade what you want, when you want with the UK's No.1 trading provider.... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 1:12 pmFreetrade raises £30 million through convertible loan note - Finextra
News and resources on retail banking, consumer finance and reinventing customer ... The company now claims 1.3 million registered users in the UK.... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 1:11 pmUK retail businesses lost £414 million last year because of cross-border tax complexities
The report finds that the stresses of navigating complex regulations post-Brexit continues to hold back growth for UK retailers, and is causing ...... Read more »Source: تنبيه Google - UK retail | Published: May 23, 2022 - 12:35 pm
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