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What can retailers learn from Snapchat?

Friday 24 June 2016 - Posted by Talya Misiri

The retail climate is growing at a rapid pace with the almost continuous introduction of new on and offline technologies including the use of iBeacons, Apple and Android Pay and instore tablets that personalise the customer journey. In the age of instant communication, consumers expect the retail process to also be seamless, highly efficient and tailored to meet their needs. Originally launched...

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What they said – Retail leaders respond to the Brexit vote

Friday 24 June 2016 - Posted by Elias Jahshan

The retail industry has been left reeling after waking up to the news this morning of the UK voting to leave the EU. Earlier this week, company directors in retail joined over 1200 other business leaders – including some FTSE 100 chief executives – from across UK's business and finance spectrum to sign an open letter that backed the UK remaining as a member of the EU. However, with yesterday's ...

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Steinhoff's takeover bid for Poundland fails

Friday 24 June 2016 - Posted by Elias Jahshan

Poundland has reportedly rejected a takeover bid from Steinhoff, after the South African company revealed earlier this month it was looking to make an offer to the value retailer. Steinhoff confirmed the rejection in a statement released earlier today: “The Board of Poundland has not accepted our proposal regarding a possible cash offer for the entire issued and to be issued share capital of Po...

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Melbourne chosen as first city for Debenham's Australian invasion

Friday 24 June 2016 - Posted by Elias Jahshan

Melbourne will be home to Debenham’s first Australian outlet as the iconic British retailer pushes ahead with its expansion into the southern hemisphere. According to the Australian Financial Review, the department store is expected to sign up for a 4000sq m space in a newly redeveloped building the heart of downtown Melbourne. A date for the store’s opening in Australia’s second largest city h...

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John Lewis to launch home division in Ireland

Friday 24 June 2016 - Posted by Talya Misiri

John Lewis has revealed that it will bring its homeware division to Ireland for the first time later this year. The British department store giant has made an agreement with Irish retailer Arnotts where it will sell John Lewis products alongside Arnotts’ existing range. A range of goods including baths, lighting and curtains will be sold from early October and will also be available on the Arno...

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Retail industry analysts cautiously respond to Brexit vote

Friday 24 June 2016 - Posted by Elias Jahshan

Leading retail industry analysts in the UK have expressed a “wait and see” outlook in the wake of the EU referendum result. Yesterday’s historic referendum saw 52% of voters agree to have the UK leave the EU, while the remaining 48% of voters wanted to remain. The results also sparked an overnight plunge of the pound, falling as low as $1.32 against the US dollar – the lowest since the 1980s. P...

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BHS to continue trading through the summer

Friday 24 June 2016 - Posted by Talya Misiri

BHS has confirmed that it will continue trading throughout the summer as a liquidation date has not yet been agreed. Creditors at a meeting in London today stated that BHS will remain in business for “the next couple of months”, according to Retail Week. The high street chain will continue its final pledge to shift its seasonal stock following the announcement that it had entered administration...

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Public, local councillors prefer convenience stores over supermarkets

Thursday 23 June 2016 - Posted by Elias Jahshan

Elected councillors and members of the public generally oppose the building of new supermarkets but are content with new local convenience stores, research has revealed. The annual Di Tracker survey, led by political strategy consultancy Development Intelligence, found significantly more people would support a new local convenience store than a supermarket. Researchers spoke to 2005 British adu...

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Retail Gazette poll shows 60% would vote to Remain in EU

Thursday 23 June 2016 - Posted by Elias Jahshan

A poll posted by Retail Gazette's Twitter account resulted in 60% of readers responding they would for the UK to remain in the EU in today's historic referendum. Meanwhile, 29% of readers said they would vote for the UK to leave, while 11% said they were undecided on the matter. How will you be voting in the #EUref tomorrow? — Retail Gazette (@retailgazette) June 22, 2016 The poll was tweeted t...

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"World first" Sales Assist app by Apple and IBM rolled out in Boots stores

Thursday 23 June 2016 - Posted by Elias Jahshan

Health and beauty retail giant Boots has launched a new app to make it easier for staff members to find any product customers want. Created in collaboration with IBM and Apple, the new Sales Assist app is dubbed as a world first and has been rolled out to over 2500 of Boots’ stores, on 3700 iPads used by shop floor assistants. The app allows Boots staff to search any product for a customer, dis...

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