Angela Beevers

Weybridge

Editor at The Retail Bulletin

Featured in: Favicon

theretailbulletin.com Favicon

techtribune.net Favicon

zenuzz.com Favicon

1africafocus.com Favicon

fintechreporteruk.com Favicon

einnews.com Favicon

fr.techtribune.net

Articles

Halfords profits beat expectations

4 days ago | theretailbulletin.com | Angela Beevers

GENERAL MERCHANDISE NEWS Halfords has posted better than expected underlying pre-tax profit in the year to 28 March, with a rise of 6.4% to £38.4 million. This compares to its previously guided range of £32 million to £37 million. Group like-for-like sales were also up in the period, increasing by 2.5%, after autocentre and retail sales grew 3.7% and 2.1% respectively.
The Second-Hand Fashion Market: Rethinking Retail

6 days ago | theretailbulletin.com | Angela Beevers

COMMENTARY The secondhand fashion market is no longer small-scale or even a budget-friendly alternative. It is now a flourishing, fast-growing sector that is changing fashion retail. Consumer attitudes towards sustainability, ethics and the importance of individuality have seen second-hand retail gain meaningful momentum, both online and on the high street.
Mothercare signs license agreement with Ebebek

6 days ago | theretailbulletin.com | Angela Beevers

GENERAL MERCHANDISE NEWS Mothercare has signed a new license agreement with Turkish retailer Ebebek. The deal will give Ebebek the exclusive right to use the Mothercare brand in Turkey on products either designed and sourced by Ebebek or Mothercare for a period of ten years. In addition, Mothercare will have the right to rebrand selected Ebebek own-brand products under the Mothercare name and sell them in markets outside of Ebebek’s trading territories.
Rituals to join line-up at Outlet Shopping at The O2

6 days ago | theretailbulletin.com | Angela Beevers

HEALTH AND BEAUTY NEWS Rituals is set to open a new store at Outlet Shopping at The O2 on 3 July. The launch of the 210 square metre space forms part of the beauty and wellness brand’s ongoing expansion into high-footfall regional and urban locations in the UK. Annemarie Forsyth, managing director, Rituals Cosmetics (UK & Ireland), said: “We’re thrilled to be opening at Outlet Shopping at The O2 and to bring the Rituals experience to such an iconic London destination.
Ralph Lauren appoints Angela Ahrendts as lead independent director

6 days ago | theretailbulletin.com | Angela Beevers

FASHION RETAIL NEWS UK Ralph Lauren Corporation has approved the appointment of Angela Ahrendts as new lead independent director. Having served on the Ralph Lauren board since 2018, she is currently the finance committee chair and a member of the nominating, governance, and sustainability committee. The appointment will be effective on 31 July following the company’s annual meeting of shareholders.
Morrisons asks head office staff to return to full time working

6 days ago | theretailbulletin.com | Angela Beevers

FOOD AND DRINK NEWS UK Morrisons has asked its head office staff to be at their desks five days a week after abandoning a policy that allowed them to work compressed hours. According to The Telegraph, the decision came into force this month. Staff at the office in Bradford were previously required to work 37.5 hours per week over four and a half days as part of a flexible working pilot started in 2020.
Superdrug celebrates £20 million investment in own-brand innovation through SuperSwaps pop-up

1 week ago | theretailbulletin.com | Angela Beevers

HEALTH AND BEAUTY NEWS Superdrug has launched an immersive own-brand pop-up called SuperSwaps to celebrate a landmark £20 million investment in its own-brand innovation over the last five years.
River Island set to close 33 stores

1 week ago | theretailbulletin.com | Angela Beevers

FASHION RETAIL NEWS UK River Island is planning to close 33 of its 230 stores as part of a restructuring plan. The family owned fashion retailer is also wanting landlords to reduce rents on 71 stores which could also be at risk. River Island blamed more people shopping online and the higher costs of running stores for the decision. Ben Lewis, chief executive of River Island, said: “River Island is a much loved retailer with a decades long history on the British high street.
Co-op agrees £350 million lending deal with six major banks

1 week ago | theretailbulletin.com | Angela Beevers

FOOD AND DRINK NEWS UK Co-op has announced a new £350 million lending agreement with six major banks, including HSBC UK, Barclays, ING, Lloyds, NatWest and fellow co-operative, Rabobank. The deal follows the group posting a “solid” set of annual results in April for the year to 4 January, including a 35% increase in underlying operating profit to £131 million.
M&S holds price of school uniform items for fifth consecutive year

1 week ago | theretailbulletin.com | Angela Beevers

FASHION RETAIL NEWS UK Marks & Spencer is holding the price of its school uniform products for the fifth year in a row. The news follows the retailer reducing its prices by up to 20% on over 100 products from its ‘everyday essentials’ kidswear range at the start of this year. M&S its school uniform is designed to be durable and pass the ’hand-me-down’ quality test to ensure it can be “given another life” once it is outgrown.