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Australian womenswear brand Kookai to return to UK high street

Neil Saunders @neilretail.com · 14m

🇬🇧 Australian womenswear brand Kookai to return to UK high street

Australian womenswear brand Kookai is returning to UK physical retail for the first time in over a decade, and is in the process of agreeing a deal for a new store in central London, Retail Week can…

Kingfisher names new CCO - Retail Gazette

Neil Saunders @neilretail.com · 18m

🇬🇧 Kingfisher names new CCO

Kingfisher has appointed Debarati Sen as its new chief commercial officer (CCO).

www.retailgazette.co.uk

Neil Saunders @neilretail.com · 24m

🇬🇧 Alo Yoga expands UK footprint with four new stores

Alo Yoga expands UK footprint with four new stores - Retail Gazette

Alo Yoga is expanding across the UK with four new shops on the way.

www.retailgazette.co.uk

Neil Saunders @neilretail.com · 29m

🇬🇧 The Very Group poaches former Supedrug retail media boss

The Very Group poaches former Supedrug retail media boss

The Very Group has tapped former Superdrug head of retail media Paul Stafford to run its own Very Media Group.

Higher interest rates will strengthen household spending, Bank policymaker says

Neil Saunders @neilretail.com · 34m

🇬🇧 Higher interest rates will strengthen household spending, Bank policymaker says

Catherine Mann said interest rates need to stay higher for longer in order to tackle elevated inflation in the UK.

www.standard.co.uk

Neil Saunders @neilretail.com · 39m

🇬🇧 Families 'scarred' by years of high inflation, Bank of England warns

Families 'scarred' by years of high inflation, Bank of England warns

Bank official Catherine Mann (pictured) said the inflation shock of 2021-22 means prices are now 30% higher than they were in 2019 pre-Covid.

www.thisismoney.co.uk

Neil Saunders @neilretail.com · 48m

🇬🇧 Morrisons faces mounting staff backlash to efficiency app rollout

Morrisons faces mounting staff backlash to efficiency app rollout

Supermarket giant Morrisons has sparked a backlash among its workforce, as the retailer rolls out an app that records how long staff take to replenish stock, Retail Week can reveal.

Upper Crust owner SSP shrugs off strikes to reveal a 7% rise in sales

Neil Saunders @neilretail.com · 59m

🇬🇧 Upper Crust owner SSP shrugs off strikes to reveal a 7% rise in sales

Overall sales rose 8% to £3.7bn in the year to September, against 'a softer demand environment' in key travel spots.

www.thisismoney.co.uk

Neil Saunders @neilretail.com · 1h

🇬🇧 ‘Scarred’ Britons are afraid to spend, says Bank of England official

‘Scarred’ Britons are afraid to spend, says Bank of England official

Catherine Mann blames ‘high and volatile inflation’ for recent consumer behaviour

John Lewis to build Reading tower block after overcoming NHS opposition

Neil Saunders @neilretail.com · 1h

🇬🇧 John Lewis to build Reading tower block after overcoming NHS opposition

Retailer’s £70m development gets green light despite concerns over pressure on local GPs

Low consumer confidence weighs on UK retail footfall

Neil Saunders @neilretail.com · 1h

🇬🇧 Low consumer confidence weighs on UK retail footfall

Low consumer confidence ahead of the upcoming Budget next month is driving shoppers away from retail locations, the British Retail Consortium (BRC) has warned.

Footfall drops in sign of pre-Budget nerves

Neil Saunders @neilretail.com · 1h

🇬🇧 Footfall drops in sign of pre-Budget nerves

Footfall at UK retailers dropped in September, in a sign consumers are tightening their belts in the face of next month's Budget

Gen Z to drive £26bn of retail spend in 2025 - Retail Gazette

Neil Saunders @neilretail.com · 2h

🇬🇧 Gen Z to drive £26bn of retail spend in 2025

A third (34%) of Gen Z shoppers would choose to save or invest an unexpected £1,000 windfall rather than spend it, new research has found.

www.retailgazette.co.uk

Neil Saunders @neilretail.com · 2h

🇬🇧 Frasers Group takes on the US with new acquisition

Frasers Group takes on the US with new acquisition

Frasers Group has acquired a majority stake in US-based luxury retailer The Webster as part of a new strategic partnership, which will allow the Flannels owner to grow its luxury business in North…

www.drapersonline.com

Neil Saunders @neilretail.com · 2h

🇬🇧 One of Britain’s oldest bakeries at risk of collapse

One of Britain’s oldest bakeries at risk of collapse

Family-run Roberts Bakery could close its doors after 138 years following a devastating fire

Tax fears heat up as firms ‘not ready for another Budget battering’

Neil Saunders @neilretail.com · 3h

🇬🇧 Tax fears heat up as firms ‘not ready for another Budget battering’

The British Chambers of Commerce (BCC) survey shows business confidence remains in a fragile state amid heightened tax fears.

John Lewis Partnership receives green light for Reading development

Neil Saunders @neilretail.com · 3h

🇬🇧 John Lewis Partnership receives green light for Reading development

John Lewis Partnership has received planning permission for its £70m build-to-rent development in Reading.

Bruised business can't take another Budget battering, bosses warn

Neil Saunders @neilretail.com · 3h

🇬🇧 Bruised business can't take another Budget battering, bosses warn

A survey of more than 4,600 firms found that tax 'continues to be the biggest concern' as the Chancellor (pictured) plots another raid next month.

www.thisismoney.co.uk

Neil Saunders @neilretail.com · 4h

🇬🇧 Landlords brand Starmer’s late night pub plan a ‘waste of time’

Landlords brand Starmer’s late night pub plan a ‘waste of time’

Bosses warn change risk driving up costs as many venues struggle with Labour’s higher taxes

Very Group poaches Superdrug head of retail media

Neil Saunders @neilretail.com · 4h

🇬🇧 Very Group poaches Superdrug head of retail media

Very Media Group, part of The Very Group, has appointed Paul Stafford as its new head of retail media as it looks to accelerate the growth of its retail media network.

www.drapersonline.com

Neil Saunders @neilretail.com · 4h

🇬🇧 Gingardium Leviosa: Emma Watson's gin brand takes off

Gingardium Leviosa: Emma Watson's gin brand takes off

The luxury gin brand co-founded by Harry Potter star Emma Watson has surged in value after raising an extra £5m.

Frasers Group snaps up majority stake in US luxury retailer

Neil Saunders @neilretail.com · 5h

🇬🇧 Frasers Group snaps up majority stake in US luxury retailer

Frasers Group has snapped up a majority stake in US luxury multi-brand retailer The Webster as the retail giant ramps up its international expansion.

Del Boy billionaire's empire returns to profit after rescue deals

Neil Saunders @neilretail.com · 5h

🇬🇧 Del Boy billionaire's empire returns to profit after rescue deals

The retail empire, owned by the so-called ‘Del Boy billionaire’ and behind The Range and Wilko, returned to profit before rescuing Homebase.