Tuesday, January 18, 2022
Christmas 2021 trading tracker

Christmas trading tracker: how retailers performed over the golden quarter

// Retail Gazette tracks the big retailers' sales performance over Christmas 2021 // The Fragrance Shop and Seasalt among top performing retailers Retailers including M&S, Tesco,...
Selfridges to become world's first retailer to sell fixed price NFTs over the counter

Selfridges to become world’s first retailer to sell fixed price NFTs over the counter

Selfridges is joining forces with Paco Rabanne and Fondation Vasarely to launch “Universe" featuring pop-ups and NFTs.
Next is slashing pay for unvaccinated staff forced to self-isolate

Next cuts sick pay for unvaccinated staff

//Unvaccinated staff at Next forced to self-isolate will be paid statutory sick pay //Ikea and Morrisons have adopted similar policy changes as Covid absences are...
Marks & Spencer sales surge over Christmas

M&S hails ‘strong Christmas’ performance across all divisions

M&S has lifted its profit outlook after it reported a strong Christmas performance, particularly in food, where it outperformed the market.
Selfridges

Selfridges revenue drops 40% after store closures

Selfridges has revealed that its revenue has dropped after the Covid-19 pandemic affected trading.
Selfridges

Will Selfridges’ new luxury hotel plans bring back UK tourists?

Luxury department store Selfridges was bought by the Weston family for £598m in 2003 and recently sold to Austrian real estate group Signa and Thai retailer Central Group for £4bn. The new owners are planning to open a new luxury hotel.
The new owners of Selfridges are planning to open a luxury hotel as part of a major revamp of its flagship store.

New Selfridges owners planning luxury hotel at flagship Oxford Street store

The new owners of Selfridges confirm plans to reopen the business’s old hotel as part of a revamp at its Oxford Street department store.
Harvey Nichols

Harvey Nichols secures £66m funding as Covid “significantly” impacts sales

Harvey Nichols has secured £66m in funding after annual losses more than doubled, reflecting ongoing lockdowns and store closures.
The Weston family has sold the luxury retail group Selfridges to retailer Signa Holding and property company Central Group.

Selfridges confirms sale to Central Group and Signa Holding

The Weston family has sold the luxury retail group Selfridges to retailer Signa Holding and property company Central Group.
Selfridges

Selfridges £4bn takeover could be sealed before Christmas

The £4 billion sale of Selfridges is reportedly close to being confirmed as early as this week.

Feature Resource

The commerce revolution is here!

The P2C report: Radically rethinking commerce Our new report reveals the findings from a survey of 750 senior decision-makers involved in managing product information. Read...