This morning the Office for National Statistics (ONS) shed a sliver of light on what has otherwise been a dismal period for the retail sector. Retail Sales beat expectations last month according to the ONS despite still marking the first annual drop in retail sales volumes since 2013. Elsewhere the picture has been even darker.
2017’s Christmas adverts have landed and are predicted to have cost a collective £6 billion to produce. Here’s our roundup of the biggest and brightest from the retail world: Aldi Aldi’s offering sees 2016’s Kevin the Carrot return in a scene chocked with movie references, including Titanic, The Body Guard and the newly released Murder on the Orient Express
Toblerone has won a three-month legal battle forcing Poundland to redesign its copycat chocolate bar, but has allowed the retailer to sell half a million already in production. Poundland’s Twin Peaks bar was due for launch in July but was forcibly pushed back due to a legal challenge from the Swiss chocolate maker Toblerone over copyright issues. The budget retailer will now have to redesign the chocolate bar, which features double chocolate pyramids rather than Toblerone’s singular alpine themed peaks
Fantasy model games retailer Games Workshop, soon to be rebranded Warhammer, reported that profits are running “well above” last year’s levels. According to the Financial Times, the high level of operation gearing in the business, meaning its cost base is largely fixed, means that rising sales means rising profits
Online retailers could face criminal proceedings if they deliver knives to a buyer’s home under new measures to tackle knife crime in the UK. In a drive to clamp down on knife crime and acid attacks, the government is introducing a raft of news measures which will make it increasingly difficult to purchase offensive weapons. It will now be considered an offence to for retailers to deliver a knife directly to a customer’s place of residence
Marianne Wilson Adidas has opened its largest Adidas Originals location to date, a 4,966-sq.-ft. flagship in the Wicker Park neighborhood of Chicago. read more
Deena M. Amato-McCoy With a mere six months under its belt, Lids’ new Access Pass loyalty program is driving customer engagement to new levels
Marianne Wilson Off-price retailers will remain among the top performers in the U.S.
Marianne Wilson As the holiday season kicks into gear, retailers' seasonal hiring plans are coming into focus. read more
Marianne Wilson Costco Wholesale Club reported better-than-expected profit and revenue for its fourth quarter. read more