Morrisons to axe 1,500 jobs in huge supermarket shake-up

The supermarket giant said the shake-up is part of a restructure which would see more customer service staff and fewer managers Morrisons is to axe 1,500 shop floor workers as it becomes the latest supermarket to announce large-scale job cuts. The supermarket giant said the shake-up is part of a restructure which would see more... Continue Reading →

M&S plans closure of 14 more UK stores

M&S plans closure of 14 more UK stores British retailer Marks & Spencer said on Wednesday six UK stores would close by the end of April, while a further eight had been identified for closure. M&S said in November 2016 it would reposition about 25 percent of its clothing and home space through a combination... Continue Reading →

Superdry Sport to design Invictus UK team kit for next year’s Games as agreed a deal to design and provide free bespoke technical sports kit and team clothing for UK Team competitors and supporters at next year’s Invictus Games. Invictus Games Toronto 2017, UK Team supported by Help for Heroes Under the deal, Superdry Sport’s... Continue Reading →

Co-op to open 100 new stores in 2018

Co-op to open 100 new stores in 2018 as it continues expansion The Co-op has confirmed plans to open 100 new stores across the UK this year, creating an estimated 1,600 jobs, as part of a continued drive to expand its footprint across the country. The retailer is spending more than £160m on new store launches, with more than... Continue Reading →

Hamleys opens biggest store

Hamleys opens biggest store on the planet British toy giant Hamleys has opened its largest worldwide flagship store in Beijing spanning over 115,000sq ft. The 257-year-old store opened the doors its new location just two days before Christmas, accompanied by an exclusive parade to mark the occasion. The British ambassador Barbara Woodward and Sanpower chairman... Continue Reading →

Poundworld loses CEO

Gerry Gray,  who had held the role of chief executive at Poundworld for almost two years following a long career with Tesco,  has resigned and left the business. Steve Johnson, executive chairman,  is assuming the role until a permanent appointment can be made.

Arket to open third store in London

H&M’s Group newest brand, Arket, is set to open its third store in London next spring as the Swedish retail group continues to roll out its latest store concept. Set to open in spring, 2018, the store will be located in Westfield Stratford City. The third UK Arket store opening comes after the brand’s debut... Continue Reading →

South African Retail Tycoon Loses Billionaire Status Amid Accounting Crisis

Christo Wiese. Photographer: Waldo Swiegers/Bloomberg South African retail tycoon Christo Wiese dropped from the billionaire ranks earlier on Thursday after the stock of Steinhoff International Holdings, the retail conglomerate where Wiese serves as the chairman, fell 80% in the course of two days. The company’s shares plunged after its CEO, Markus Jooste, resigned due to accounting irregularities,... Continue Reading →

Thomas Cook to close 50 high street shops

Thomas Cook has announced it plans to close high street branches. PIC: Lewis Stickley/PA Wire Travel giant Thomas Cook is to close 50 high street shops, putting 400 jobs at risk, just weeks before Christmas. The closures will affect Thomas Cook and Co-operative Travel branded stores and will take place between now and March 2018.... Continue Reading →

Joe Browns opens debut store at Meadowhall

Situated on Meadowhall’s High Street, the 4,000 square foot shop was designed by creative agency Dalziel and Pow. Simon Brown, managing director and founder of Joe Browns, said: “I’m absolutely delighted with the store, I think we’ve achieved what we set out to do, which was to create an impressive three- dimensional version of our... Continue Reading →

In Pictures: Harvey Nichols 2017 Christmas Windows

Premium department store Harvey Nichols has unveiled its Christmas windows for 2017, its largest visual scheme of the year. For this year's festive season, the luxury retailer looked for inspiration from the Autumn/Winter 2017 fashion weeks and pre-spring collections, selecting the most vibrant colours to catch customer's eyes. During the dark winter season, Harvey Nichols... Continue Reading →

Lloydspharmacy chief Cormac Tobin resigns

Cormac Tobin had been with the Celesio group for more than 10 years Cormac Tobin, managing director of Lloydspharmacy's parent company Celesio UK, has left the company “with immediate effect”, the multiple has announced. His departure comes just one week after Mr Tobin – who had been with the Celesio group for more than 10 years... Continue Reading →

Next’s full price sales improve

by The Retail Bulletin In the three months to 29 October online sales climbed by 13.2% but sales in the retailer’s stores were down 7.7%. In a statement, Next said the lower clearance rates seen in its summer end-of-season sale this year had continued into the third quarter, both in the mid-season sale and its... Continue Reading →

Hugo Boss launches first digital showroom

Hugo Boss has launched its first digital showroom in Berlin, Germany, marking a shift in the company's strategy. The German fashion brand presented its Hugo pre-fall collection for 2018 at a pop-up space in Berlin to showcase its digital showroom last week. Via a 65 inch touchscreen, which resembles a table, viewers were able to... Continue Reading →

Galvan open first retail space in London

Womenswear brand Galvan is set to open its debut retail concept, which will comprise of a showroom, bridal atelier, office, and archive space for the independent label. Located at Clarendon Cross, Notting Hill, the studio will allow customer to purchase current collection, pre-order from next collection, as well as place orders from Galvan’s archive of... Continue Reading →

Fat Face ramps up festive closures

Lifestyle retailer Fat Face will extend its closing times during the festive break and plans to shut 40 stores on Boxing Day, Drapers has learned. The Boxing Day closures, which take place on the same day its winter Sale period starts, are four times greater than last year’s pilot, when 10 shops shut on the... Continue Reading →

BHS.com sales soar 35%

Online sales at BHS grow 35% thanks to new start-up mentality. The MD of BHS.com has revealed sales at the online retailer have increased by over a third in Q2. Speaking to the Press Association, BHS.com MD Kevan Mallinder said sales grew 35%, bolstered by its womenswear clothing range which increased 350% over the period.... Continue Reading →

Monki announces new UK store openings

Following the openings of Arket and Weekday on London's Regent Street in August, parent company H&M has announced plans to open two new Monki stores, one at Westfield Stratford and the other at Buchanan Galleries in Glasgow. Both stores will adopt the Monki World concept, leading customers into an imaginery universe that has inspired 115... Continue Reading →

Radley to target America with Macy’s deal

British handbag and accessories brand Radley is set to return to the American market, following its withdrawal six years ago, after signing an exclusive deal with US department store chain Macy’s. The deal, will see Radley opening concessions in 100 Macy’s stores by Christmas, with as many as 300 possible within the next 12 months,... Continue Reading →

Tiffany & Co first half 2017 sales increased 2%

Tiffany reported its financial results for the three months (“second quarter”) and six months (“first half”) ended July 31, 2017. In both periods, modest net sales increases and improved operating margins contributed to growth in diluted earnings per share.In the second quarter: Worldwide net sales increased 3% to $960 million, while comparable store sales declined 2%.... Continue Reading →

Gant’s UK retail boss exits

The head of retail for Gant’s UK and Irish arm has resigned after almost five years in the position.Darren Whelpton-Smith has moved on to rugby leisurewear brand Raging Bull as its head of retail, wholesale and ecommerce.Whelpton-Smith is a former area manager for fashion chains Levi’s and Republic, and his last role before Gant was... Continue Reading →

COMMENT: Why has Aldi overtaken Waitrose and M&S?

Our most recent UK Customer Satisfaction Index (UKCSI) reveals striking evidence that customers hold the power when it comes to business performance.The index reveals Aldi as the highest performing supermarket for customer satisfaction, overtaking heritage brands M&S and Waitrose, while also making the largest gains in sales and market share.The three supermarkets with the lowest... Continue Reading →

30 Things You Didn’t Know About John Lewis

“Westfield Stratford City – John Lewis” by EG Focus is licensed under CC BY 2.0Despite being a 150-year-old department store, the UK’s John Lewis brand has been quick to evolve with the times and set its own standards in retailing.The retailer is famed for its ‘fair’ approach to business from its ‘partnership’ status to its... Continue Reading →

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