LATEST RETAIL NEWS UK
Dr. Martens chief financial officer to retire
Superdry withdraws full year profit guidance as it considers equity raise
Fashion retailer Superdry has withdrawn its full year profit guidance and is considering a potential equity issue to strengthen its balance sheet. This could be up... View Article
Dr. Martens lowers profit guidance
Dr. Martens has lowered its profit guidance as it reported that full year revenue increased by 10%, or by 4% in constant currency. Meanwhile, fourth quarter... View Article
Asda reintroduces £5 ‘First Scan Bonus’
Asda is reintroducing its ‘First Scan Bonus’ initiative this month for first-time users of Asda Rewards app. The move follows the success of the scheme in... View Article
Bloobloom announces opening date for new Covent Garden store
French designer eyewear brand Bloobloom is to launch a flagship store in London’s Covent Garden next week. Situated near to Apple, Rituals and Tiffany & Co,... View Article
Asda to offer staff a paid day off to mark King’s coronation
Asda has announced that its hourly paid store staff will be able to request a paid day off on the 8 May Bank Holiday to enable... View Article
20-Minute Glasses retailer eyes expansion
Low-cost glasses retailer, Pop Specs, that provides stylish prescription spectacles in just 20 minutes, is set to open five new stores across the UK in Newcastle,... View Article
Holland & Barrett owners in talks with struggling Planet Organic
Holland & Barrett owner LetterOne, is in talks about a last-minute rescue bid for struggling organic supermarket chain, Planet Organic. The Russian-linked investment group, is among... View Article
Superdrug and Savers announce new employee benefits
Superdrug and Savers are introducing a series of new wellbeing benefits to ensure employees feel financially supported throughout 2023. The health and beauty retailers will also... View Article
Tesco profits fall after “incredibly tough year for customers”
Tesco has posted a fall in full year profit after being hit by “unprecedented levels of inflation”. In the year to 25 February 2023, adjusted retail... View Article
Merry Hill signs Schuh Kids as Vanilla opens
Schuh Kids, the kidswear-focused arm of footwear retailer Schuh, is to open a new store at the Merry Hill retail and leisure destination. Due to launch... View Article
Dunhill appoints new creative director
Luxury menswear brand Dunhill has appointed Simon Holloway as creative director. Holloway has joined the business from fellow Richemont brand James Purdey & Sons where he... View Article
Kidly crowdfunds to expand own label
Kidly, the online retailer for children up to the age of five, has launched a crowdfunding campaign via the Seedrs platform as part of plans to... View Article
OG Kicks to open first London store
OG Kicks has chosen the Carnaby shopping district for the opening of its first London store. Due to launch in May in Foubert’s Place, the shop... View Article
Sainsbury’s restructure to impact 7,000 roles
Supermarket giant Sainsbury’s has launched a major restructuring and consolidation of its logistics operations which will affect around 7,000 staff. The strategy will see 3,000 staff,... View Article
B-Stock diverts 75,000kgs of clothing and apparel from UK landfill in 2022
B-Stock have reported saving 75,000 kgs of clothing and apparel, with a retail value of £5 million, from UK landfills in 2022. B-Stock, the world’s largest B2B... View Article
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