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JD Sports staff told to return to office at least four days a week

Retail Gazette

JD Sports has requested all head office employees based around the world return to the office at least four days a week. The new policy, effective July 1, will impact employees at the sports giant’s UK head office in Bury, Retail Week reported. Click here to sign up to Retail Gazette‘s free daily email newsletter

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Pret A Manger co-founder returns amid boardroom shake-up

Retail Gazette

After spearheading the acquisition, Meyer became a board member in 2018 and also served as interim chief financial officer at the height of Covid-19 back in 2020. Beecham will not formally rejoin the board, while Billet will return as a non-executive director and chair of the audit committee.

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H&M joins Zara and Boohoo in charging for online returns

Retail Gazette

H&M has joined fellow fashion giants Zara and Boohoo in charging customers for returning items purchased online. According to the BBC , shoppers at the Swedish fashion retailer now must pay £1.99 to return parcels either in store or online, with the cost taken from their refund.

Returns 105
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John Lewis will return to profit this year, says White

Retail Gazette

John Lewis chair Dame Sharon White has claimed the business will return to profit this year, as it gears up to slash up to 11,000 jobs under its turnaround plan. Click here to sign up to Retail Gazette‘s free daily email newsletter Additionally, John Lewis is in the process of cutting £900m worth of costs out of the company.

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Tourists’ golden quarter spending gap sparks calls for return of tax-free shopping

Retail Gazette

The return of tax-free shopping would encourage [tourists] to spend more in our city and boost its economy at a time when domestic shoppers are keeping their belts tightened.” A return to tax-free shopping would have a net positive effect on tax revenues and make British businesses competitive once more,” she added.

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Fast fashion retailers crank up fees to deter repeat online returners

Retail Gazette

A host of major fast fashion players, including Zara and Asos, are cracking down on serial returners who shop online by reducing promoted items or introducing fees for items sent back. The research was shown to fashion business leaders at a meeting last week held by the British Retail Consortium.

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AO raises profit forecast after returning to sales growth

Retail Gazette

AO has upgraded its profit guidance for the year as it returned to sales growth in its final quarter. The online electricals retailer said full-year sales are expected to hit £1.04bn, which it said was boosted by AO.com returning to revenue growth in its fourth quarter “as expected”.

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