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Department Stores
Majestic acquires Vagabond Wines
Majestic, the UK’s largest specialist wine retailer, has bought Vagabond Wines out of administration, saving nine of its wine bars…
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Health & Beauty
Kiko Milano to open new store in Angel Central
Italian cosmetics brand Kiko Milano is set to open a new store in Islington’s retail destination Angel Central as part…
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Clothing & Shoes
Secret Sales acquires Germany’s Dress-For-Less
Secret Sales, the marketplace for off-price retail in fashion, sportswear and beauty, has continued its international expansion with the acquisition…
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Supermarkets
Supermarket sales jump 5.4% in March
Total till sales at UK supermarkets grew 5.4% in the four weeks ended 23 March 2024, according to data from…
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News
Today’s news in brief-2/4/24
Superdry CEO Julian Dunkerton’s plans for a takeover have fallen through, leading to an extension of a £20m funding facility…
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High Street
Søstrene Grene to open new store at Festival Place
Danish homeware retailer Søstrene Grene is set to open a new location at retail destination Festival Place. The lifestyle brand…
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People Moves
Naked Wines confirms Rodrigo Maza as new CEO
Naked Wines has confirmed the appointment of Rodrigo Maza as group chief executive officer effective from today (2 April), further…
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Economy
Scottish retailers’ rates bills to rise by £31m, the SRC says
Shops in Scotland will see their annual business rates bills rise by £31m from next week, the Scottish Retail Consortium…
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Supermarkets
Ocado faces shareholder revolt over £15m CEO bonus
Ocado reportedly could see a shareholder revolt over executive pay after a proxy advisor recommended investors vote against the retailer’s…
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News
Ex-chancellor Nadhim Zahawi in talks to become The Very Group chair
Former chancellor Nadhim Zahawi is reportedly in talks with The Very Group regarding the possibility of becoming its new chair,…
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