Retail Gazette

FEBRUARY 15, 2024

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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Retail Gazette

MARCH 13, 2024

Zalando has forecast a return to growth this year as it revealed it will be opening up its logistics business to more players, describing it as a new evolved pan-European “ecosystem”, in a bid to boost to its performance. Click here to sign up to Retail Gazette‘s free daily email newsletter to €14.6bn in 2023.

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Returns Merchant Services Fashion Consumer 104

Retail Gazette

MARCH 20, 2024

Harvey Nichols’ support team faces impending redundancies as the business works on returning to profitability. Click here to sign up to Retail Gazette‘s free daily email newsletter The layoffs are set to hit 60 staff – amounting to less than 5% of the luxury department store retailer’s overall employee base.

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Returns Department Stores Accounting Shopping 104

Retail Gazette

NOVEMBER 30, 2023

Bershka has teamed up with AI-powered virtual fitting room platform 3DLOOK as it looks to reduce rising return rates and offer a more “seamless online shopping experience”. ” Click here to sign up to Retail Gazette‘s free daily email newsletter .”

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Retail Gazette

AUGUST 30, 2023

Machin told The Mail last week that returning to the FTSE 100 would “of course be good news” but that “it would be just another day.” M&S will return to the FTSE 100 index on September 18. Click here to sign up to Retail Gazette‘s free daily email newsletter

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Returns Promotions Shopping Marketing 104

Retail Gazette

OCTOBER 26, 2023

Standalone Wilko stores are set to return to the high street and retail parks before the end of the year as its new owner prepares for an aggressive roll-out. It’s clear that there’s a huge love for wilko and we’ve seen an encouraging demand for the return of its own-brand products.

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Retail Gazette

MARCH 28, 2024

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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Retail Gazette

MAY 3, 2024

Sales also increased 4% to £289.3m, which it attributed to a “strong performance” in stores as customers returned to the high street. Click here to sign up to Retail Gazette‘s free daily email newsletter However, on an adjusted basis taking exceptional items into account, profit slipped 3% to £31.9m.

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Retail Gazette

NOVEMBER 21, 2023

Research by the logistics company, which moves over 300million goods around the world annually for retailers, found that just one in ten retailers manage to resell more than 76% of returned goods via the original point of sale. Connected, data-rich supply chains are crucial for improving Grade A salvaging of returns.”

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Retail Gazette

SEPTEMBER 29, 2023

The move could mean H&M returning to areas where it closed in recent years. Click here to sign up to Retail Gazette‘s free daily email newsletter According to Drapers , property sources revealed the fashion giant was considering opening shops of around 8,000 sq ft, compared to its typical stores which stand at over 20,000 sq ft.

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Retail Gazette

MARCH 14, 2024

Bensons for Beds has returned to profit, despite a challenging economic environment and suppressed consumer sentiment, as it continues to make progress under its transformation strategy. Click here to sign up to Retail Gazette‘s free daily email newsletter The furniture retailer posted an EBITDA profit of £1.5m

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Retail Gazette

OCTOBER 19, 2023

Fenwick has returned to profit, boosted by the sale of its New Bond Street store for £430m, Retail Week reports. The sale of the department store retailer’s 130-year old flagship last December enabled the business to report pre-tax profits of £57.1m last year, compared to a loss of £5.2m a year earlier.

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Returns Department Stores Customer Experience Planning 109

Retail Gazette

DECEMBER 5, 2023

We therefore took the decision to return to a more regular, pre-Covid way of working and we will be asking our valued employees to attend the office five days per week. “We Click here to sign up to Retail Gazette‘s free daily email newsletter

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Returns Accounting ATS 98

Retail Gazette

FEBRUARY 6, 2024

The beginning of the year is traditionally a peak period for returns and 2024 has been no exception, with retailers experiencing a surge in unwanted items being sent back. The trend is being driven by several factors, including the cost-of-living crisis, with returns volumes increasing notably.

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Retail Gazette

AUGUST 24, 2023

New Look has partnered with ZigZag Global to introduce return kiosks in some of its shops in a bid to tackle the industry’s ongoing returns problem. The booths are being trialed in 10 of the fashion retailer’s stores across the UK and offer customers “a free and convenient return option”. New Look started charging £1.99

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Kiosk Returns Fashion Management 52

Retail Gazette

AUGUST 15, 2023

Shore Capital research director Clive Black: “If the legs keep whirling in the right direction, then more material appreciation could follow, along with a return to the FTSE 100.” Click here to sign up to Retail Gazette‘s free daily email newsletter The retailer posted an 11% jump in food sales in the 19 weeks to 12 August.

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Returns Promotions Marketing Department Stores 98

Retail Gazette

DECEMBER 12, 2023

Online fashion brand In The Style is forecast to return to profit, after pulling in a loss the previous year. Profit is predicted to be near to £1m for the year to end of March 2024, in contrast to a £5m loss last year.

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Returns Fashion Marketing ATS 62

Retail Gazette

NOVEMBER 29, 2023

The return to its original home has been dubbed as the final stage of HMV’s “dramatic turnaround” under new owner Doug Putman, who snapped up the business at the start of 2019 following its second collapse into administration. Click here to sign up to Retail Gazette‘s free daily email newsletter

Returns 113

Returns Accessories Shopping Location 113

Retail Gazette

MARCH 6, 2024

Click here to sign up to Retail Gazette‘s free daily email newsletter “There is no doubt in my mind that the informal conversations, brief catch-ups and ability to meet in groups in person has been far more effective – and better for our unique Boots culture than the enforced formality of remote meetings.

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Returns Beauty and Health Planning Management 120

Retail Gazette

OCTOBER 17, 2023

Almost one in every six garments bought on Black Friday will be returned, with Gen Z and Millennials leading the way as the highest returning cohorts, new data from AI platform True Fit reveals. ” Click here to sign up to Retail Gazette‘s free daily email newsletter

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Returns Fashion Accessories Advertising 104

Retail Gazette

OCTOBER 23, 2023

Click here to sign up to Retail Gazette‘s free daily email newsletter The Christmas Grotto is strictly by appointment only for the 30-minute experience, with prices starting at £250 for three people, inclusive of at least one adult. Additional adults or children, up to a maximum of six people per ticket, are priced at £75 per person.

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Retail Gazette

APRIL 11, 2024

A multi-charity shop department store has returned to London’s Brent Cross to celebrate its one year anniversary with two new concept stores. Click here to sign up to Retail Gazette‘s free daily email newsletter

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Department Stores Returns Shopping Fashion 57

Retail Gazette

NOVEMBER 17, 2023

The revamped and renamed subscription has seemingly done wonders for Pret’s bottom line, with the coffee chain returning to profitability for the first time since 2018 this year. A BFC report found that it costs a retailer around 55 to 75% of a product’s retail price to process each online return received.

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Returns Consumer Fashion Retailing Pricing 67

Retail Gazette

OCTOBER 16, 2023

The group said it returned to positive constant currency revenue growth of 3.2% Earlier this week it was revealed that the business is exploring plans to list its MyProtein nutrition business in the US following pressure from activist investors to separate the division Click here to sign up to Retail Gazette‘s free daily email newsletter

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Returns Planning 73

Retail Gazette

MARCH 14, 2024

John Lewis Partnership returned to profit in its last financial year, but confirmed it would not pay its staff a bonus for the third time in four years. ” Click here to sign up to Retail Gazette‘s free daily email newsletter “This shows our plan is working, while we know there’s much more to do. .”

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Returns Planning Shopping Department Stores 52

Retail Gazette

APRIL 25, 2024

The first Toys R Us concession opened in June last year at WHSmith’s Monks Cross Retail Park store in York and marked the toy retailer’s return to the high street after a five year absence following its administration. Click here to sign up to Retail Gazette‘s free daily email newsletter

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Returns Shopping Location ATS 120

Retail Gazette

SEPTEMBER 27, 2023

H&M has admitted that it needs to improve consistency in its sizing after receiving backlash from customers over its returns fee for online returns. H&M currently charges for online returns made by post from non-H&M member. Click here to sign up to Retail Gazette‘s free daily email newsletter

Returns 52

Returns Fashion Consumer Planning 52

Retail Gazette

OCTOBER 15, 2023

Former JD Sports boss Peter Cowgill is said to be considering a return to retail to head up a a luxury menswear brand. Click here to sign up to Retail Gazette‘s free daily email newsletter The brand’s owner – JD Sports – is said to be speaking to prospective buyers for the designer label as it looks to focus more on sportswear.

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Returns Fashion ATS 62

Retail Gazette

NOVEMBER 15, 2023

Amazon is refusing to promote staff who do not follow its hybrid working policy of returning to the office for a minimum of three days a week. Click here to sign up to Retail Gazette‘s free daily email newsletter They argued that the guidelines “undermine the diverse, accessible future that we want to be a part of”.

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Promotions Returns Management 52

Retail Gazette

APRIL 3, 2024

The private equity-owned retailer revealed it had returned to profitability last month for the first time since its collapse in 2020, as EBITDA hit £1.5m ” Click here to sign up to Retail Gazette‘s free daily email newsletter in the 53 weeks to 30 September, up from a £15.4m loss in 2022.

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Returns Payment Services Marketing Consumer 62

Retail Gazette

NOVEMBER 24, 2023

M&S’ 12 Days of Sparks digital advent calendar has returned for 2023, dubbed “bigger and better than before” after the success of last year’s campaign. ” Click here to sign up to Retail Gazette‘s free daily email newsletter

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Returns Department Stores Marketing 62

Retail Gazette

JULY 4, 2023

I am excited to return to a much larger business that has an exciting future ahead and I look forward to working closely with the reshaped Board to deliver on Naked’s full potential.” ” Click here to sign up to Retail Gazette‘s free daily email newsletter

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Returns Planning Marketing ATS 57

Retail Gazette

APRIL 29, 2024

Click here to sign up to Retail Gazette‘s free daily email newsletter The incentive plan could see the Ocado founder earn as much as 1,800% of his £824,570 base salary if the company’s share price reaches £29.69 in three years’ time and if other performance targets are met. Ocado shares currently trade at less than £3.60.

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Retail Gazette

APRIL 8, 2024

It will be showcased across TV, press, out-of-home (OOH), PR, social, paid and organic digital, until early June, and after the Euros will return to all above-the-line channels from early July until mid-September. Click here to sign up to Retail Gazette‘s free daily email newsletter

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Retail Gazette

MARCH 1, 2024

Click here to sign up to Retail Gazette‘s free daily email newsletter The Spanish group, which has roughly 5,700 stores in more than 90 countries worldwide, will reopen gradually, beginning with 20 stores, including three Zara outlets, in Kyiv shopping centres.

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A1 Retail

NOVEMBER 4, 2022

When looking for a bargain, 46% of UK consumers will sign up for a brand’s newsletter or text messages to only hit the unsubscribe button once they’ve used the discount. The post The return of Black Friday offers huge opportunity for retailers to serve bargain-hungry Brits appeared first on A1 Retail Magazine.

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Returns Consumer Shopping Marketing 96

Retail Gazette

DECEMBER 4, 2023

The first set of Wilko stores under its new owner opened over the weekend, marking the discount chain’s return to the high street. Chief executive Alex Simpkin said: “The customer reaction to the new stores opening today has been fantastic and proves we’re doing the right thing in returning this much-loved retailer to UK high streets.”

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