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Tag: retail-gazette

Amazon’s meal kits set to hit UK as patent filed

Amazon’s “prepared food kits” are thought to be likely to hit UK shelves imminently, as the retail issues a trademark at the UK’s Intellectual Property Office (IPO). According to The Grocer , the slogan “We Prep. You Cook” was filed by Amazon today, a take on the US’s “We do the prep

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Retail Gazette Loves: John Lewis’s Christmas presents from John Lewis

The Virginia based “computer science educator, father of four, social liberal, atheist, and not a retail store” John Lewis has become a much-loved Twitter celebrity. Dealing with thousands of misplaced tweets aimed at the British retail giant, his humorous responses have earned him over 35,000 followers.






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Mountain Warehouse boss Mark Neale hails end of inflation as sales rise

Mountain Warehouse has reported record sales in its interim results as its chief executive says inflation in the UK has peaked. In the six months to August 27 the outdoor retailer saw sales rise 19 per cent to £91.6 million, its highest ever, while pre-tax profits jumped 18 per cent to £4.7 million. The results were lifted by its international business which saw a 50 per cent boost in sales accounting for around 25 per cent of its total revenues






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TK Maxx parent company posts slump in profit

The parent company of TK Maxx has recorded a fall in third quarter profits, primarily due to investment in a new UK distribution centre. In the three months to October 28 reveal an 18.5 per cent drop in adjusted profits to $75 million (£56.8 million). TJX International – which operates fashion chain TK Maxx in Europe and Australia, as well as homewares retailer Homesense – attributed the reduction in profits to the opening of a new distribution centre in Knottingley, Wakefield, which opened in August.






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Boots halves price of £50 Zoella calendar after backlash

Boots has responded to widespread condemnation of YouTube star Zoella’s Christmas advent calendar by halving its retail price.






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Boots accused for not meeting emergency contraception price pledge

Boots has become the target of criticism from MPs for failing to deliver on its pledge to cut the price of emergency contraception for women. More than 130 MPs, led by shadow public health minister Sharon Hodgson, have written to Boots’ UK managing director Elizabeth Fagan to ask why the retailer has not yet reduced the price of its morning-after pill in all of its stores.






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Ted Baker’s sales grow despite “challenging trading conditions”

Ted Baker has seen growth across the board in its third quarter pushing through “challenging trading conditions” in some of its global markets. In the 13 weeks to November 11 the retailer saw a 7.3 per cent increase in group revenues and eight per cent on a constant currency basis.






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UK consumers remained “resilient” in October as sales beat expectations

Retail sales in October have beaten expectations according to the Office for National Statistics (ONS) as UK consumer “proved surprisingly resilient.” The quantity bought last month compared with the same period last year dropped 0.3 per cent marking the first annual drop since 2013, but coming comfortably above the 0.6 per cent decline that was predicted. Compared to September, October still saw growth of 0.3 per cent and on a three-month basis sales volumes rose 1.1 per cent year-on-year. Meanwhile sales values rose 2.8 per cent last month






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MMUK Man to open UK’s first men’s makeup store

The UK is set to see its first ever men’s only makeup retail store open, as MMUK Man prepares to make retail history. According to Global Data the men’s makeup brand, launched just five years ago, is poised to open its first bricks-and-mortar store






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Forever 21 warns of customer data breach

Fast fashion retailer Forever 21 has warned customers of an unauthorised data breach granting access to credit card data. A third-party source warned the retailer earlier this week that in some instances, an encryption used to hide credit card details was not working






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