New River has sold its Templars Square shopping centre in Oxford to developer Redevco in a £38.8 million deal. The company purchased the centre in the Cowley area of the city in 2012 for £24.6 million. In November 2021 Oxford City Council released a planning decision notice enabling 236,000 square feet of mixed-use...
Oak Furnitureland is launching a bespoke range of flooring in four of its showrooms as it looks to expand its product range. The flooring will be displayed in the retailer’s Speke, Cheltenham, Farnborough and Wednesbury stores from 26 December as part of an unveiling of a new showroom design featuring styled...
Morrisons has stepped up its food waste initiative with 50% more Too Good to Go “Magic Bags” of unsold food that has reached its best before date. Until 24 December, its stores will make up 50% more Too Good to Go ‘Magic Bags’ of unsold food that has reached its best before date. They...
Nivea owner Beiersdorf is to acquire the Chantecaille beauty brand as part of plans to grow its prestige beauty portfolio. The deal values the business at between $590 million and $690 million. Founded by Sylvie Chantecaille in 1997, Chantecaille offers a range of skin care, fragrance and cosmetic products that are made...
American denim label Lee Jeans has opened its first virtual store. The virtual store which allows consumers to visit and shop its European flagship from the comfort of their own home. The virtual store allows consumers to navigate an interactive three-dimensional retail space, browsing items in a store setting before seamlessly adding...
The chancellor has set out a £1bn fund to help businesses hit by the rise in Covid cases, including the leisure and hospitality sector. Rishi Sunak announced details of the fund, including cash grants of up to £6,000 per premises for each eligible firm. He said the government would also help...
Amazon has entered into an agreement with Barclays to enter the booming buy now, pay later (BNPL) market in Britain. Amazon has called the new venture “Instalments” and the payment method will enable customers to spread the cost of purchases over £100 over equal monthly instalments between three and 48 months...
Wholesale operator Booker has redistributed enough food to provide the equivalent of one million meals via FareShare Go and free sharing app OLIO. Booker began its arrangement last December with the wholesaler, distributing food that would otherwise be wasted directly to a network of charities through Fareshare and Olio’s Food Waste...
DIY retailer Wickes has appointed Carol Campbell to the newly created role of retail director. Campbell is due to join the business on 6 January, she will be responsible for all retail operations across Wickes’ 230+ stores. Campbell has worked in retail for over 20 years and most recently served as vice...
Food banks are preparing for their most challenging Christmas yet as they struggle with rising demand and drop in donations, new research shows. According to a survey by community giving platform Neighbourly – which Aldi partners with to distribute surplus food from its stores – seven in ten (70%) food banks,...
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