Little Mistress has struck a deal with Sainsbury’s to enable its spring/summer collection to be sold online via the supermarket’s clothing brand Tu. Little Mistress also creates standalone clothing brands and white label collections for other retailers including John Lewis, M&S, Next, JD Williams, Matalan and ASOS. The new Sainsbury’s partnership is...
ScS says it has completed a £3.1m share buyback that was first announced in November. The Sunderland-based retailer told the London Stock Exchange it had now returned £7m to shareholders through the repurchase of 4,057,981 ordinary shares, which includes a separate buyback programme first announced in March last year. The figure represents...
Tesco is considering selling Tesco Bank, according to Sky News which has reported that the supermarket giant has started a review process for its banking arm. The review is at a very early stage, according to insiders, and may not lead to a formal sale process. A partial sale or joint...
Lidl has announced plans to reduce its animal-based products in a company-wide push for sustainability. Vegan alternatives are expected to slowly replace animal-based products on the German budget retailer’s shelves. This is in line with Lidl’s commitment to vastly increase its plant-based range through 2025 and beyond. The motivation to make the...
Morrisons has launched a new tranche of price cuts across 64 own brand products. The supermarket has invested £25 million in reducing prices by an average of 19% on products such as salad vegetables, carrots and potatoes, as well as store cupboard items including coffee and rice. The move means that Morrisons...
Tesco is to increase the hourly pay rate for staff working in its stores from £10.30 to £11.02 after reaching an agreement with USDAW. The move marks the third pay increase for store staff in the last ten months and represents an investment of more than £230 million. The supermarket said...
UK retail sales unexpectedly rose in January as UK consumers continue to spend, with one analyst saying the economic picture is “looking a lot less grim”. The ONS said retail sales volumes increased by 0.5% in January 2023, following a fall of 1.2% in December 2022, beating expectations for a reading...
Primark has unveiled its first collection to celebrate 100 years of Disney across adult and kidswear including sweatshirts, t-shirts, nightwear and accessories. The new 70-piece collection forms part of a year-long calendar of activity by the retailer to commemorate Disney 100 Years of Wonder, taking inspiration from the magic of the...
Anya Hindmarch has teamed up with Asda and Co-op on new versions of the Universal Bag. The fashion designer has been collaborating with retailers across the world on a new campaign, which aims to inspire further change in consumer behaviour by creating a new shopping bag solution to help reduce plastic...
Amazon has requested that corporate employees return to working in the office for at least three days a week from 1 May, In a memo to posted on the company’s news site that was shared with staff, Amazon’s chief executive Andy Jassy said in-person work as opposed to remote made it...
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