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News
Dunelm plans £100m in cost cuts, posts FY26 growth
5+ day, 7+ hour ago (361+ words) The company said it would strip “£100m of unproductive costs from the FY26 base by FY29” and channel that amount into growth initiatives. UK homeware retailer Dunelm Group has set out a three-year plan to cut around £100m ($135.6m) in costs. The strategy, named Winning…...
Aldi to open four new UK stores in September
6+ day, 5+ hour ago (309+ words) Discount supermarket chain Aldi is set to open a new UK store each week throughout this month, adding four locations and creating up to 120 jobs. The expansion follows the recent launch of the retailer’s Balsall Common store near Solihull. Further…...
M&S puts £4m towards cheaper organic food lines
6+ day, 7+ hour ago (336+ words) UK-based retailer Marks & Spencer (M&S) is allocating more than £4m ($5.4m) to reduce prices on over 50 lines in its organic food range. The reductions apply to products such as organic carrots, lamb, pasta and potatoes, which are being added to the retailer’s…...
John Lewis Partnership unveils three-year “Rise” turnaround strategy – report
1+ week, 6+ hour ago (335+ words) John Lewis Partnership has rolled out a three-year plan, internally called “Rise”, designed to return the employee-owned retailer to a market-leading position, according to internal staff communications reviewed by the Financial Times (FT). Led by partnership chair Jason Tarry, the…...
Value for money drives 89% of UK apparel shoppers as stores gain ground
1+ week, 11+ hour ago (44+ words) retail-insight-network.com Unlock Free Access to Premium Content Explore exclusive retail forecasts, expert insights and in-depth analysis of the trends shaping the industry. With a free Retail Insight Network profile, you can:...
HMRC weighs new VAT rules for retailers
1+ week, 4+ day ago (822+ words) HMRC is considering extending VAT rules to UK businesses selling through online marketplaces to tackle non-compliance and improve competition for retailers. HM Revenue & Customs (HMRC) is considering extending online marketplace VAT liability to sales by UK businesses, potentially shifting responsibility…...
Poundland owner seeks sale of retailer “within weeks” - report
1+ week, 4+ day ago (255+ words) Gordon Brothers is seeking to sell UK high street store chain Poundland “within weeks”, according to Sky News, as it looks to complete a deal before the Christmas trading period. The report said Alvarez & Marsal (A&M), appointed by Gordon…...
Ikea commits €1.2bn to lower European retail prices
1+ week, 5+ day ago (343+ words) Swedish retailer Ikea has committed a combined €1.2bn ($1.38bn) to reduce prices across its European markets. Effective from 1 September, the initiative covers hundreds of product lines, delivering average price reductions ranging from 15% to 25% on various items. The extent of the price reductions…...
UK retailers face new EU customs costs under post-Brexit trade regime
1+ week, 5+ day ago (1026+ words) UK retailers confront new border costs and tighter data requirements as EU reforms add to post-Brexit trading pressures ahead of the Golden Quarter. UK retailers selling online to EU consumers face new customs costs and data requirements as the bloc…...
Uniqlo to double Japanese flagship footprint over next decade – report
1+ week, 6+ day ago (322+ words) Fashion chain Uniqlo plans to double its Japanese flagship stores to approximately 20 locations over the next decade, shifting away from standard shopping centre outlets, according to Nikkei Asia. Owned by Fast Retailing, the brand currently operates about ten flagship or…...