In pictures: Deichmann’s new UK warehouse

Footwear retailer Deichmann has opened its new 165,000 sq ft warehouse in Corby, Northamptonshire. The £3m Deichmann warehouse will create 50 new jobs in the area and supports Deichmann’s ongoing growth, further improving service levels across the business, it said. Corby was chosen as the site for the brand’s new UK distribution facility as a... Continue Reading →

Meta to open first physical retail shop for virtual reality products

Social media brand Meta, formerly the Facebook Company, is opening its first permanent Meta Store for customers to purchase its virtual reality products as a "gateway to the metaverse". The 1,550-square-foot shop will open on 9 May in Burlingame, California, near the company's Reality Labs campus – a research and development hub for virtual reality products. Meta Store is the social... Continue Reading →

Meta is opening its first retail store next month

Meta is launching its first hardware retail store on its campus in Burlingame, California. The store, which opens May 9th, will let visitors try out and buy Meta’s Portal videophones and Quest virtual reality headsets. They’ll also be able to demo the Ray-Ban Stories smart glasses that debuted last year and get help ordering them online. Meta’s store... Continue Reading →

Banana Republic to close UK website

Banana Republic has announced it is closing its UK website on the 31 May. Banana Republic had nine stores across the UK, but made the decision to close them all in 2016 due to falling sales. While its high street presence ended, Banana Republic continued to be available online via its own website in the UK.... Continue Reading →

Retailers that have gone online-only

Going online-only is a big risk retailers have been willing to take after the Covid-19 pandemic presented a set of challenges. While some retailers decided to accelerate their online offerings via click-and-collect and rapid home deliveries, others saw their business collapse. TM Lewin recently secured a rescue deal and will be relaunching as an online brandbut... Continue Reading →

Walgreens set to lose billions on Boots sale

Boots trades from more than 2000 stores and employs over 50,000 people // Walgreens risks shedding billions after the one-time favourite to purchase Boots valued the retailer at a steep low cost The American owner of Boots could risk losing billions after the chemist and health and beauty retailer was valued at a steep discount. Walgreens has... Continue Reading →

Next opens first department store

Next opened its first department store in Watford this week // Next opens new department store in Watford that brings together its fashion, home and beauty offer for the first time // The store spreads across three floors and is more than 94,000 sq ft Next has opened a new department store which combines the brand’s home,... Continue Reading →

Clicks sets goal to have 900 stores in South Africa by 2026

Bertina Engelbrecht, Clicks Group CEO (centre) at the opening of Clicks 800th store at Somerset Crossing Shopping Centre with (left to right) Vikash Singh (Clicks managing executive), Gift Jeffrey (Clicks area manager), Dhevan Pillay (Clicks chief store operations officer) and Musa Mkhwanazi (Clicks regional manager). Photo credit: Jaco Cilliers Photography. This rate of store expansion... Continue Reading →

H&M to open first UK outlet store

H&M will open its first UK outlet store this spring H&M will open its first outlet store in the UK at the Affinity centre, Staffordshire this spring. The fashion retailer will open a 7,000 sq ft store at Affinity Staffordshire, which will have “a lower volume of products which will be displayed in an inspirational way”.... Continue Reading →

Nearly 20% of all LEGO stores were opened in 2021

The LEGO Group’s financial results for 2021 have revealed that nearly 20% of all LEGOstores around the world opened in 2021 alone. Anyone who thought that 2021 seemed like a busy year for LEGO store openings wasn’t crazy as the 2021 financial results for the company has revealed that just under 20%, specifically 19.8%, of all LEGO branded stores globally were... Continue Reading →

Ted Baker signs new UK franchise agreement

Ted Baker has signed a new UK agreement with franchise company Aldrich Group. Under the new agreement, Aldrich Group plans to open a minimum of 30 stores across the UK for Ted Baker over the next ten years. Helen Costello, Ted Baker group commercial and business development director said of the partnership: "[Aldrich Group’s] experience... Continue Reading →

M&S appoints joint CEOs as Steve Rowe stands down

M&S hires co-chief executives // M&S has promoted Stuart Machin to chief executive and made Katie Bickerstaffe his co-chief executives as current boss Steve Rowe steps down // Machin will carry out the “day-to-day leadership” of M&S and with carry on leading food, operations, property, stores and technology, whilst Bickerstaffe will lead omnichannel, digital and data,... Continue Reading →

Amazon closing 68 physical stores in U.S., U.K.

Amazon is trimming back its physical footprint by eliminating a couple of its brick-and-mortar banners. The company plans to close 68 brick-and-mortar stores, including its Amazon Books locations and Amazon 4-star locations, along with Amazon Pop Up sites. The news was first reported by Reuters. The closure dates, which are unspecified, will vary. "We’ve decided to close our Amazon... Continue Reading →

Revenues rise at Hotter as M&S partnership is agreed

Hotter launches on M& today, initially offering 32 products and increasing to 75 available directly via M&  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 →

Starbucks launches new energy drink

If Starbucks is your go-to spot for a caffeine boost, soon your options will include house-branded energy drinks. The company will roll out Baya Energy online and in grocery stores this week, before the drinks hit U.S. Starbucks locations in March. The new offering marks the coffee giant's first foray into the energy drink market,... Continue Reading →

Klarna launches a physical card in the UK

Klarna has announced it is launching a physical card in the UK through Visa. The card utilises the company’s buy now, pay later product and lets users defer payments on their purchases both in-store and online. The Swedish fintech giant already rolled the card out in Germany and Sweden, where it is currently used by over 800,000... Continue Reading →

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