Latest News

Top Story

THG to buy Cult Beauty for £275m


By Alexandra Leonards

The Hut Group (THG) is acquiring UK-based online beauty retailer Cult Beauty for £275 million. The British e-commerce company said that the buyout would boost sales by £140 million for the full next year and increase group sales growth by 38 to 41 per cent over the same period.


Four-day workweek could boost High Street by £58 billion

A four-day working week could boost High Street revenue to the tune of £58 billion, according to new research by Parcelhero. A 3-day weekend would lead consumers to increase spending in local High Street stores and restaurants by up to 20 per cent from £290 billion to £348 billion.

PepsiCo sells juice brands for $3.3bn

PepsiCo has announced it is selling Tropicana, Naked, and other select juice brands across North America to PAI Partners for around $3.3 billion. The company will retain a 39 per cent non-controlling interest in a newly formed joint venture.

Ikea dishes out free green energy to customers

Ikea UK is partnering with Big Clean Switch to offer £35 worth of free green energy to customers. British homes can access the free energy on top of any other savings by switching to a green energy supplier through the Ikea website.

NHS Covid app update reduces self-isolation numbers

Retailers will face less disruption from the so-called ‘pingdemic’ as the government announces changes to the NHS Covid-19 app which will reduce the number of people needing to self-isolate.
Retail has one of lowest gender pay gaps: PwC

Retail has one of the lowest gender pay gaps – 9.9 per cent – of any industry according to research by Diversity in Retail (DiR) and PwC. The report said this is partially because of large amount of people employed in junior roles in at retailers – including shop floor and distribution roles - where pay levels are often well balanced between men and women.

Amazon is ‘running out of space and labour’

A former Amazon employee has said that the company is running out of both warehouse space and employees. The comments as the e-commerce giant announces a lower sales growth forecast for the second half of the year.

M&S tries to attract new drivers with £2000 bonus

Marks and Spencer (M&S) has said that it is offering new HGV drivers a sign-on bonus. The move comes as the retail industry continues to grapple with a worsening driver shortage.

View More News

Check out our latest appointments

Check out our latest features

Will 3D printing revolutionise the fashion industry?

The technology promises so much, but its progression beyond runway couture is slow. Alexandra Leonards finds out what’s holding it back.

The future of retail: bridging the gap between online and in-store

Achieving fluidity across channels is crucial to survival in an ever-changing retail market. Alexandra Leonards discovers how retailers are adapting to the new normal by embracing technology and reinventing the store.

The top retail trends of 2020

As the year of disruption draws to a close, Alexandra Leonards identifies the top retail trends of the past 12 months and explores what they mean for the industry next year.

BNPL: regulation gets the go-ahead, but what happens next?

Alexandra Leonards explores what regulation might mean for the future of Buy Now Pay Later and looks at how the market has responded to the government’s decision to green-light new rules.

Uyghur forced labour: do government measures go far enough?

Under the new guidelines, retailers still aren’t legally obliged to cut ties with modern slavery. Alexandra Leonards reveals why the latest measures aren’t likely to change things on the ground, and explores how retailers must look beyond the legal minimum to rid their supply chains of forced labour.

Are shoppers ready for biometric payments?

The recent announcement that Amazon has started using palm scanning payment technology shone a light on the rise of biometric technology – and whether or not consumers are ready to let their bodies be part of transactions.

View More Features

Latest videos

View More Videos

HULFT
Find out how HULFT can help you manage data, integration, supply chain automation and digital transformation across your retail enterprise.

Talking shop: retail technology solutions from Brother
Retail Systems editor Peter Walker sits down with Brother’s senior commercial client manager Jessica Stansfield to talk through the company’s solutions for retailers and hospitality businesses, what’s new in labelling technology, and the benefits of outsourcing printing.

© 2019 Perspective Publishing     Privacy & Cookies