Industry News

Knowledge is power, or so they say!  The People Pod have compiled some of the latest UK retail, FMCG industry and company news, to save you the hassle of sifting through the business pages...
 
   
 
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Thu, 3rd November 2016
A new concept store stocking Australian womenswear brands such as Thurley, Finders Keepers, Seafolly, Salt and Bec & Bridge is set to open in Londons Notting Hill next month.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 3rd November 2016
Retailers in Londons West End are anticipating a very merry Christmas following New West End Companys prediction that the area will see average takings of £51.1 million per day or a whopping £5.1 million spend per hour during the peak Christmas period.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 3rd November 2016
John Lewis saw its sales top £100 million for the first time this year last week. The retailer achieved sales of £102.8 million which as an increase of 7.2% year-on-year.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 3rd November 2016
Pawnbroker H&T has announced that it expects pre-tax profit for the year to 31 December to be above the top end of market expectations.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 2nd November 2016
Next has reported that its total full price sales fell by 3.5% in its third quarter despite a significant improvement in sales in October.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 2nd November 2016
A new report has predicted that UK online sales in the run-up to Christmas will reach an estimated £16.90 billion and account for 20.3% of all festive season retail sales. This is up from £14.65 billion and 17.8% last year.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 2nd November 2016
Apple has opened a new upsized store at the Liverpool ONE shopping destination.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 2nd November 2016
The Mayor of London Sadiq Khan has announced that the new voluntary London Living Wage has increased from £9.40 to £9.75 per hour to reflect the higher cost of living in the city.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 2nd November 2016
Playmobil, the pre-school toy brand, has joined forces with Intu to bring a Christmas Grotto experience to shopping centres across the UK.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 1st November 2016
Jewellery brand Pandora has increased its group revenue by 18% year-on-year to DKK 4,612 million in its third quarter.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 1st November 2016
SaveTheHighStreet.org, an industry-wide initiative to support UK shopkeepers, has launched The Connected Digital High Street Manifesto which includes a new 10-pillar framework for promoting successful modern retailing.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 1st November 2016
The British Museum has embarked on a new partnership with Alibaba as it looks to sell its merchandise in China.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 1st November 2016
Bargain Booze owner Conviviality has reported that group unaudited revenues in the 26 weeks to 30 October were 211% ahead of last year at £783 million.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 1st November 2016
Uniqlo owner Fast Retailing has announced the launch of Innovation Factory, a joint venture with Shima Seiki in which it will develop and manufacture innovative knit products.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 1st November 2016
Lidl UK has opened its tenth UK distribution centre in Southampton. The move has created up to 400 local jobs.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Mon, 31st October 2016
Majestic Wine has said it has taken a significant step in its transformation plan with the launch of a named and next day delivery service for its full wine range.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Mon, 31st October 2016
New figures have shown that millennial-led households are the fastest growing spenders on grocery shopping and are driving the growth of discounters.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Mon, 31st October 2016
Jigsaw has opened its most luxurious store to date with a new flagship store in the landmark St Jamess Market development in Londons Piccadilly.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Mon, 31st October 2016
Waitrose is to recruit over 5,000 people for temporary roles across the UK for the busy festive period.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Sun, 30th October 2016
Predators stalk House of Fraser, Vodafone fine, TK Maxx smart sales rise, British stores profit warnings soar, Telecoms veteran slams broadband Big Six, John Lewis personalised Christmas sacks, Former SuperGroup boss pep up online GP, Bicester Village expansion Shanghai, The upper brand.
   
 Read the full article 
   
category Retail  |  source  The Retail Bulletin
 
   
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Wed, 23rd November 2016
Morrisons to pilot convenience offer in petrol stations and revive Safeway brand
Morrisons is to pilot a convenience food offer in ten petrol station shops owned and managed by forecourt operator, Rontec.

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Wed, 23rd November 2016
John Lewis sales down 2.6% last week
In the week before Black Friday, the John Lewis department store chain saw its sales decrease by 2.6% year-on-year.

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Wed, 23rd November 2016
Blackwell's appoints sales and marketing director
Bookseller Blackwells has appointed Dean Drew to the newly created role of sales and marketing director.

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Wed, 23rd November 2016
Insight: 93% of UK millennials lack trust in online retail
A new study has found that UK millennials are becoming increasingly concerned about sharing personal information with retailers, but their need for a convenient shopping experience still outweighs their security worries.

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Wed, 23rd November 2016
Sarah Beeny joins German direct selling brand Vorwerk to launch online store
Vorwerk, the German technology brand behind kitchen gadget the Thermomix, has enlisted TV property expert Sarah Beeny to promote the launch of its Kobold VK200 vacuum cleaner online.

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Wed, 23rd November 2016
New vision revealed for Hull's Humber Street
A new vision for Humber Street in Hulls Fruit Market has been revealed as part of an £80 million rejuvenation of the city centres waterside being led by Wykeland Group and Beal Homes in partnership with Hull City Council ahead of Hulls year as UK City of Culture in 2017.

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Tue, 22nd November 2016
Kingfisher Q3 sales uplift driven by UK and Poland
Kingfisher, the owner of B&Q and Screwfix, has seen its third quarter like-for-like sales climb by 5.8% in constancy currency in the UK and Ireland as it continues to implement its transformation plan.

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Tue, 22nd November 2016
AO makes good first half progress
Domestic appliance retailer AO World has grown its first half revenue by 22.9% to £324.7 million as it continues to grow sales in both the UK and Europe.

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Tue, 22nd November 2016
English Cut opens flagship Marylebone store
English Cut, the British tailoring brand, has chosen Londons Marylebone as the location for its first flagship store.

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Tue, 22nd November 2016
Delsey launches first online store
French luggage brand Delsey has opened its first online store. Initially launched in France, the store wil be rolled out across Europe next year.

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Tue, 22nd November 2016
Digital fashion start-up launches virtual styling app
A new styling and personal shopper app has been launched that matches users with a stylist who offers free advice on wardrobe choices.

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Mon, 21st November 2016
Uniqlo owner establishes denim innovation centre
Uniqlo owner Fast Retailing has established a denim innovation centre for the research and development of denim fabric.

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Mon, 21st November 2016
Bonmarché posts drop in sales and profits
Womens fashion retailer Bonmarchť has reported a drop in first half sales and profits after battling against a range of factors impacting its business.

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Mon, 21st November 2016
Waitrose to take lead role in managing research on food security and sustainability
Waitrose has become the first retailer to successfully apply to lead the delivery of a major investment in doctoral training by the Biotechnology and Biological Sciences Research Council.

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Mon, 21st November 2016
Capco appoints Situl Jobanputra as chief financial officer
Capital & Counties Properties, the owner of Londons Covent Garden Estate, has named Situl Jobanputra as its new chief financial officer. He will join the business on 17 January.

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Mon, 21st November 2016
VictoriaPlum.com wins trademark infringement case
Online bathroom products retailer VictoriaPlum.com has won a trademark infringement case in the High Court against competitor Victorian Plumbing.

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Sun, 20th November 2016
Sunday Retail News Roundup
BHSs bosses may face clawback, May retreat workers on boards, Crisis for Chappell another company on brink, Business rates shock, Post Office reforms, Jackpot! Online gambling bonanza, Black Friday overhyped, Industry bodies slam new business rates appeals, Blitz on betting machine stakes, Marstons push pays off, Shocking Pink Tuesday, Paralympians join top label.

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Fri, 18th November 2016
Jimmy Choo reports growth in revenue
Luxury footwear brand Jimmy Choo has reported continued revenue growth in the second half of its financial year despite a difficult climate for the luxury sector.

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Fri, 18th November 2016
Tesco to hold its biggest ever Black Friday event
Tesco has said it is to hold its biggest ever Black Friday event this year by offering 11 days of deals and savings compared to four last year.

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Fri, 18th November 2016
Schuh to open dedicated kids' store at Bluewater
Footwear retailer Schuh is to open a dedicated Schuh Kids store at the Bluewater retail and leisure destination.

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