Year: 2019

£2.4m Moran’s Retail overhaul to create 30 jobs

Northern Irish grocery store chain, Moray’s Retail has announced it is to overhaul three stores creating 30 new jobs. The retailer will redevelop outlets in Derry, Coleraine and Ballykelly, creating jobs in catering, management, retail and admin. Along with redevelopment work, the retailer will also open a new state-of-the-art store…

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Reimagining the retail bridge between online and offline shopping

The rise of retail giants like Amazon is a widely documented trend with many digital, built-in-the-cloud market entrants having overtaken and displaced the entrenched high street brands we’ve loved and are now losing. However, as more bricks-and-mortar retailers expand their e-commerce offerings and online giants increasingly begin to physically ‘set…

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Sergio Rossi opens flagship in London

Shoe and handbag brand, Sergio Rossi, will be opening its newest store on London’s Mount Street, Mayfair. The 100 sqm retail space will be its flagship with an aim to “perfectly summarise” the identity of the brand. The store concept has been created by architect Marco Costanzi and a collection…

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Morrisons sees third year of ‘strong’ sales despite profits drop

Big Four supermarket Morrisons has posted an increase in sales for the third consecutive year in its preliminary results for the 52 weeks ending 3 February 2019. The group’s like-for-like sales saw a 4.8% increase on last year’s sales, however its profits before tax took a 15.8% hit to £320m…

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Dixons Carphone fined £29m for mis-selling ‘Geek Squad’ product

The Financial Conduct Authority (FCA) has fined Carphone Warehouse £29,107,600 for failings that led to the mis-selling of ’Geek Squad’, a mobile phone insurance and technical support product. The watchdog found The Carphone Warehouse failed to give its sales consultants “the right training to give suitable advice” to customers purchasing…

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Kabooki: The ‘empty’ pop-up shop

Last month Kabooki, the company behind the Lego Wear license, launched a limited edition collection for adults at a playful pop-up in London, however instead of a shop with rails full of clothing, nothing was inside except plain white walls and some Snapcode – a sort of QR code for…

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French Connection returns to profit despite sales drop

Embattled retailer French Connection has announced a return to profit for the first time in seven years, despite experiencing a sales drop during “difficult trading” conditions. Like-for-like sales during the 12 month period to 31 January fell by 6.8% due to decline in both in-store and online. However the company…

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Personalisation is the key to lasting customer loyalty in fashion

Fashion is a fundamental form of human self-expression, so it makes sense that searching for the right clothes and shoes should be inspiring and delightful. All too often, however, retailers and brands allow complexity to spoil this experience, leaving customers confused and frustrated to grapple with the countless options, permutations…

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Laybuy launches in the UK with Footasylum partnership

Laybuy, New Zealand’s largest buy now, pay later service, has officially launched in the UK  with footwear retailer Footasylum confirmed as its first major retail partner. Laybuy allows consumers to spread the cost of purchases over six interest-free payments, with the first being made at the point of sale. The…

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Early Learning Centre sold to The Entertainer for £13.5m

Mothercare has sold its Early Learning Centre (ELC) brand to toy retailer The Entertainer for £13.5m. The deal comes as part of restructuring and refinancing at Mothercare, with the retailer saying it means ambitions to be debt free by the end of the year had been bolstered. Mothercare said the…

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