Grace Bowden

1 month ago | retailgazette.co.uk | Grace Bowden

The British Retail Consortium (BRC) has warned that shoplifting has become “all-too-common” as it found that over 16 million customers have witnessed shoplifting across the UK in the last 12 months. Nottingham and London were the two cities where incidents of shoplifting were witnessed by the highest percentage of shoppers, ranking at 32% and 29% respectively. Across the UK overall, 24% of shoppers have witnessed an incident of shoplifting over the past year.

1 month ago | retailgazette.co.uk | Grace Bowden

Seasalt has warned of “a number” of redundancies across its operations as the business deals with “increased tax burdens following the budget”. The fashion retailer has put an unspecified number of roles across its business into consultation after “thoroughly reviewing” its cost base.

2 months ago | retailgazette.co.uk | Grace Bowden

Former Dragon’s Den dragon and Ryman’s chairman Theo Paphitis has hit out at Chinese etail marketplace Temu for “destroying small UK retail businesses.”Speaking at Spring Fair, Paphitis said that although Temu is “operating absolutely legally”, its business model exploited legislative loopholes which enabled it to “suck up a big swathes of the UK consumer market and give nothing back” in terms of import tax or VAT.

Dec 11, 2024 | retailgazette.co.uk | Grace Bowden

It’s been just over a month since Labour unveiled its first fiscal Budget since winning the General Election this year. Chancellor of the Exchequer Rachel Reeves’ Budget, which introduced measures including increased employer contributions to National Insurance, minimum wage rises and new packaging levies, was met with outrage by many business leaders – many of whom had been supportive of Labour during its election campaign.

Nov 21, 2024 | thestar.co.uk | Grace Bowden

Watch more of our videos on ShotsTV.com and on Freeview 262 or Freely 565Visit Shots! nowPoundland Perks, the value retailer’s first rewards app, has surpassed 1 million downloads/updates today, just one month after its launch. The Perks app allows shoppers to earn ‘perks points’ on purchases across its stores – with Poundland giving customers 100 points for every pound they spend until Christmas.