Ikea opens first city centre store in Hammersmith

Ikea is to hugely ramp up its presence in the “global retail mecca” of London through a £1 billion investment blitz over the next three years. The pledge came on the day of the first opening of a small format Ikea store in the UK on King Street in Hammersmith.  It will be followed by... Continue Reading →

Asda strike looms as thousands of warehouse staff reject pay deal

Almost 70% of the GMB union’s 8,000 members within Asda’s distribution network voted to reject the pay rises.  // The grocer offered base rate increases to warehouse and clerical staff ranging from 4.98% to 6.10% and 6.49% to 7.53% for transport staff Asda is now closer to facing potential disruption to its deliveries after thousands of lorry... Continue Reading →

Revenues rise at Hotter as M&S partnership is agreed

Hotter launches on M&S.com today, initially offering 32 products and increasing to 75 available directly via M&S.com.  Revenues have risen at footwear retailer Hotter as it agreed a partnership with Marks & Spencer to sell its products. In a trading update for the year ended 30 January 2022, its owner Unbound Group said Hotter sales were “significantly ahead” of last year... Continue Reading →

Kohl’s adding 400 Sephora shops in 2022

Kohl's aims to add Sephora shops at 850 stores by 2023 Hundreds of Kohl's locations nationwide will be outfitted with a Sephora shop in 2022 as part of the ongoing partnership between the department store and cosmetics retailer.  On Tuesday, Kohl's revealed a list of 400 additional stores in 36 states, from Alaska to Maine, that will have a... Continue Reading →

Poundland opens biggest store

Poundland is gearing up for the opening of its largest ever store on Saturday morning. Retail Gazette visited the megastore in Nottingham’s Riverside Retail Park ahead of the grand opening to get a sneak peak of what’s on offer. From the largest selection of Pep&Co clothing and homeware to a dedicated Rimmel cosmetics display and hot... Continue Reading →

Pepkor expands to South America with acquisition of Brazil’s Avenida

JSE-listed Pepkor, which owns retail brands including Pep, Ackermans and Incredible Connection, has acquired Brazilian value retailer, Avenida, effective from 4 February 2022. Pepkor, which is Southern Africa's largest retailer by store footprint, plans to significantly grow Avenida's presence in Brazil. Representing less than 4% of Pepkor’s market capitalisation, the transaction enables Pepkor to partner... Continue Reading →

LEGO Group opens new store in Dubai

The LEGO Group is expanding its retailtainment concept with the opening of a new LEGO® Certified Store that is owned and operated by Majid Al Futtaim in The Dubai Mall. Located on the lower ground floor near the fountains, the new LEGO Certified Store opened its doors on 1 February and is the perfect destination for LEGO brick fans of all ages. The... Continue Reading →

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