Retail Bulletin, Daily UK Retail News
WEBFeaturing the latest retail news UK. We offer daily updates and analysis on the industry covering fashion, food and drink, home and DIY, health and beauty and much more.
The Food Warehouse now the “focus” of Iceland | Retail Bulletin
WEBOct 19, 2021 · Iceland managing director Richard Walker has reportedly said The Food Warehouse has become the focus of growth and expansion for the frozen food retailer. The statement comes after The Food Warehouse reported better like-for-like sales performance and a more efficient format than core stores. Founded in 2014, The Food Warehouse was created to be Iceland's
The Original Factory Shop unveils expansion plans
WEBApr 12, 2021 · The Original Factory Shop has announced plans to open over 50 new stores over the next three years. Part of the next stage of the company's growth plan, the new stores are expected to create around 400 jobs including roles for store managers and supervisors. The move follows the recent launch of the retailer's first
Virgin Experience Days acquires US experience gift provider Cloud …
WEBMar 3, 2021 · Virgin Experience Days is to acquire Cloud 9 Living’s US operations as it looks to accelerate growth in the US gift experience market. As part of the Virgin family, Cloud 9 Living will be rebranded as Virgin Experience Gifts in the US. Other plans include expanding further into certain US regions, widening the product range.
July retail sales boosted by football and summer discounts
WEBAug 16, 2024 · Retail sales saw an uptick in July after being boosted by this year’s major sporting events and summer discounting. According to new data from the Office for National Statistics, retail sales volumes rose by 0.5% following a fall of 0.9% in June. Non-food store sales rose by 1.4% in July after a 1.9% decline in
Poundstretcher records an £80 million turnaround in profits in one …
WEBSep 8, 2021 · Discount chain Poundstretcher has bounced back in the space of just one year since being forced to enter a CVA in 2020. The family-owned retailer made pre-tax profits of £30 million in the 12 months to March thanks to renegotiating onerous leases, closing loss-making stores and making around 250 redundancies. In …
Collaboration is key for successful supplier-retailer relationships
WEBFeb 10, 2022 · Strong supplier-retailer relationships have always been part of the foundation of supply chain management. However, consumer preferences are rapidly changing, product life cycles keep getting shorter, and pandemic-related supply chain challenges continue. As all of retail works to ensure that products reach shopping carts despite these issues, the importance of solid relationships between ...
Fruugo posts strong Black Friday sales increase | Retail Bulletin
WEBDec 6, 2021 · Cross border marketplace Fruugo has seen more than a 50% increase in global sales over the Black Friday weekend compared with the same time last year. Furthermore, sales were up by over 200% versus the same period in 2019. The company said products such as wireless gaming console …
Topps Tiles acquires CTD Tiles out of administration
WEBAug 20, 2024 · Topps Tiles has acquired the CTD Tiles' brand and certain assets for £9 million after the company fell into administration. The transaction has included 30 stores, the operation of distribution hubs in Leeds and Kings Norton under a transitional services agreement, and all related intellectual property and stock. James Lumb and Will Wright of …
Reebok to be acquired by Authentic Brands Group
WEBAug 13, 2021 · Authentic Brands Group has agreed to acquire the Reebok active and footwear brand from Adidas for a total consideration of up to €2.1 billion. The transaction is expected to close in the first quarter of 2022, subject to customary closing conditions. Adidas bought Reebok in 2006 in an acquisition that also included the Rockport, CCM.
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