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• Shein gains approval from UK regulators for London float

  11-04-2025 10:08
  
  FCA’s approval comes as the fast-fashion company faces major challenges from Trump’s tariffs
  
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• Kering sales slump as crisis deepens at Gucci

  23-04-2025 19:41
  
  Sharp sales decline at luxury group’s biggest brand underlines the huge challenge faced by Gucci’s new creative director
  
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• Rachel Reeves looks at ending zero tax regime for low-value imports

  23-04-2025 19:14
  
  Chancellor reviewing rule that lets foreign retailers such as Amazon and Shein pay no duty on items costing under £135Markets rise as Trump backtracks on China tariffs and firing Fed chairRachel Reeves dashes hopes of early breakthrough in UK-US trade dealRachel Reeves is to review the tax regime for imports of low-value goods in an effort to prevent Chinese companies undercutting British retailers by dumping cheap items on online marketplaces.The chancellor is considering changes to rules
  
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• UK examines ending low value import scheme over ‘dumping’ of goods

  23-04-2025 19:00
  
  Review part of package of measures aimed at guarding against Chinese products being diverted to Britain
  
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• Pets at Home launches new in-store subscription service for pet essentials

  23-04-2025 18:25 via theretailbulletin.com
  
  Pets at Home has launched a new in-store subscription service called Easy Repeat where customers can access “market beating” savings. The new offering allows store staff to set... View Article
  
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• Sainsbury’s adds over 100 products to its Aldi Price Match range

  23-04-2025 17:00 via theretailbulletin.com
  
  Sainsbury’s has boosted its Aldi Price Match offering with the addition of over 100 products as it looks to make the start of the summer “more... View Article
  
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• Charles Tyrwhitt profits soar amid return to the office

  23-04-2025 16:06
  Charles Tyrwhitt sales surpassed £300m for the first time last year as more consumers seek out casual workwear for the office.
  The fashion retailer reported a 34% increase in its pre-tax profit from £18.8m to £25.2m in the 53 weeks to 3 August, new filings on Companies House show.
  Sales jumped 11% to £305.8m, up from £269.2m the year before, boosted by an 18% increase in its international business to £166.8m.
  UK sales rose 8% to £138.9m during the period
  
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• Pets at Home unveils ‘easy repeat’ subscription service to lock in savings for pet owners

  23-04-2025 13:49
  
  Pets at Home is launching a new in-store subscription service, dubbed easy repeat, as part of its focus on customer experience and value.
  The service for essentials allows shoppers to receive regular orders of their pets’ favourite products, backed up by a best price guarantee.
  Under the service, staff members are able to set up subscriptions offering “market beating savings” for customers in three steps on handheld devices and the customers’ Pets Club details.
  The retail
  
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• Insights from the 2025 State of the UK Hourly Workforce Report – ‘What Workers Want” [Part One]

  23-04-2025 13:26 via theretailbulletin.com
  
  The 2025 State of the UK Hourly Workforce report, produced by Legion in partnership with The Retail Bulletin, highlights key workforce trends and strategies that leading... View Article
  
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• Asda Foundation donates £3.2m to local community groups

  23-04-2025 12:05
  
  The Asda Foundation has awarded £3.2m in grants for local community groups, as part of its 2024 programme.
  The charity’s 2024 impact report revealed that it had given out 2,603 grants totalling £3,229,392 of funding to allow community groups to address the issues that mattered most in their local communities.
  The retailer also highlighted that the Asda Foundation had awarded more than £57m of funding throughout its 36-year history.
  The grassroot community groups used the
  
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• Sainsbury’s ramps up Aldi Price Match range to drive summer sales

  23-04-2025 11:52
  
  Sainsbury’s has strengthened its Aldi Price Match offer with the addition of more than 100 products as it looks to “supercharge summer value”.
  The move takes the number of the supermarket’s items price matched to those on sale at Aldi to 800, which the grocer’s claims is more than any other retailer.
  The new price matched products include everyday essentials, such as shower gel, handwash, cotton wool and period care products.
  Sainsbury’s is also expanding its
  
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• Castore co-founder slams London Stock Exchange as ‘sub-optimal’ for British IPOs

  23-04-2025 11:01
  
  Castore’s co-founder Tom Beahon has criticised the London Stock Exchange, and said it needs to offer something different to drive British-founded businesses like the sportswear retailer to float in the UK.
  Speaking on an upcoming episode of City AM’s Boardroom Uncovered podcast, Beahon explained that it would be a “shame” if the retailer ended up completing an initial public offering (IPO) overseas rather than in London.
  However, the executive maintained his previous stan
  
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• The Entertainer to launch in over 2,000 Tesco Express stores

  23-04-2025 10:22
  The Entertainer is expanding its partnership with Tesco as it prepares to launch a selection of toys in 2,010 of the grocer’s Express convenience stores.
  The toy shop, which has concessions in 850 Tesco supermarkets nationwide, will introduce a collection of its popular toys and a handful from its seasonal lines, with prices ranging from £1.50 to £7, Toy World Mag reported.
  The Entertainer said the range will include some of its best-loved and most popular toys such as Hot Whee
  
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• M&S updates shoppers following ‘cyber incident’

  23-04-2025 10:15
  
  M&S has issued an update to customers following a technical glitch which left shoppers across the UK unable to use contactless payments or click-and-collect services over the Bank holiday weekend.
  In a message which was sent out to customers, the supermarket’s CEO Stuart Machin explained M&S had been “managing a cyber incident” over the last few days.
  He said: “To protect you and the business, it was necessary to temporarily make some small changes to our store op
  
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• 5 things challenging retailers in pricing strategy

  23-04-2025 10:13
  
  When slashing price becomes the only lever a retailer pulls, value disappears and so do profits.
  That was the prevailing mood at a recent Retail Gazette roundtable, where a group of senior retail leaders gathered to debate the state of pricing strategy in 2025. Hosted in partnership with price optimisation platform 7Learnings, the session – titled Price wars vs value wars – explored how retailers can break out of the destructive cycle of endless discounting and s
  
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• Mori acquires Kidly in move to accelerate growth

  23-04-2025 10:03 via theretailbulletin.com
  
  Mori, the baby and children’s clothing brand, has acquired the Kidly childrenswear retailer. In a statement, Mori said the move will enable it to extend its... View Article
  
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• THG rejects takeover proposal for Myprotein

  23-04-2025 09:25 via theretailbulletin.com
  
  Health and beauty group THG has confirmed that it has rejected a bid for its Myprotein business from acquisition vehicle Selkirk Group. With the proposal ascribing... View Article
  
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• Inmates go to Iceland as supermarket opens UK’s first ‘in-prison’ store

  23-04-2025 09:17
  Iceland has opened the UK’s first in-prison convenience store at HMP Oakwood, the largest prison in England, offering inmates the opportunity to gain valuable work experience while aiding their rehabilitation.
  The frozen food specialist‘s store, which is part of a new ‘marketplace’ within the prison, allows inmates to use Monopoly-style money earned through good behaviour to purchase groceries, including branded products such as Chicago Town pizzas and Ben & Jerry&rsq
  
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• THG rejects ‘undervalued’ £400m-plus offer for Myprotein

  23-04-2025 09:04
  
  THG has rejected an unsolicited takeover bid from Selkirk, the investment vehicle led by former director Iain McDonald, for its Myprotein brand, calling the offer “wholly unsolicited, largely unfunded, highly conditional, and non-binding.”
  The offer, which valued Myprotein at between £400m and £600m on a cash-free, debt-free basis, was primarily structured through newly issued shares from Selkirk.
  In a statement to the stock market this morning (23 April 2024) THG also re
  
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• THG rejects ‘undervalued’ £400m+ offer for Myprotein

  23-04-2025 09:04
  
  THG has rejected an unsolicited takeover bid from Selkirk, the investment vehicle led by former director Iain McDonald, for its Myprotein brand, calling the offer “wholly unsolicited, largely unfunded, highly conditional, and non-binding.”
  The offer, which valued Myprotein at between £400m and £600m on a cash-free, debt-free basis, was primarily structured through newly issued shares from Selkirk.
  In a statement to the stock market this morning (23 April 2024) THG also re
  
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• Vinted partners with Alexa Chung on sale of her designer wardrobe

  23-04-2025 08:51 via theretailbulletin.com
  
  Vinted is launching a partnership with Alexa Chung where the style icon will sell luxury fashion pieces from her wardrobe. All proceeds from the sale will... View Article
  
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• CBT techniques for managing stress and burnout for frontline retail staff

  23-04-2025 08:51 via theretailbulletin.com
  
  The high-pressure environment and customer interactions that front line retail staff face can take a toll on their mental health. 17% of retail workers missed at... View Article
  
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• A look at independent jewellers: 7 lessons for larger retailers

  23-04-2025 08:51 via theretailbulletin.com
  
  With almost 4,500 jewellery and watch specialist retail stores in the UK, consumers are spoilt for choice when it comes to shopping for jewellery.  From independent,... View Article
  
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• Rituals sets sights on €2.4bn turnover after record 2024 performance

  23-04-2025 08:51
  Rituals has posted a “record” year in 2024, with turnover soaring 21% to €2.1bn, marking another milestone in the retailer’s growth trajectory.
  The Amsterdam-based beauty and wellness brand said the increase, up from €1.7bn in 2023, is attributed to a mix of strong organic growth, continued product innovation, and global expansion, with it continuing its commitment to opening one new store every working day.
  The brand saw a significant boost in both its physical retai
  
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• Primark and Fortnum & Mason profits drive £32m payday for Weston family

  23-04-2025 08:33
  
  Wittington Investments, the parent company behind Primark and Fortnum & Mason, has reported rising profits across its retail portfolio, defying tough economic conditions.
  The Weston family-owned group paid out £154m in dividends in the year to 14 September 2024, up from £128m the year before, the Times reported. Around £32m of this was distributed among the family and non-family shareholders.
  The majority of the group’s profits came from its 56.2% stake in Associated
  
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• Asda Foundation awarded £3.2 million in grants to local community groups in 2024

  23-04-2025 08:23 via theretailbulletin.com
  
  The Asda Foundation charity gave 2,603 grants totalling over £3.2 million in 2024 to enable community groups to address the issues that matter most in their... View Article
  
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• Matalan secures £25 million in additional funding

  23-04-2025 08:10 via theretailbulletin.com
  
  Matalan has secured an additional £25 million worth of funding from its anchor investors. Provided by Invesco, Tresidor, Man Group and Napier Park, the funds will... View Article
  
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• Government pauses plans to ease slot machine rules across Great Britain

  23-04-2025 07:00
  
  Fast-growing AGC sector ‘frustrated’ by decision to shelve relaxation of ‘80/20’ regulationsPlans to liberalise rules governing high street slot machine shops have been shelved, amid concern about the sector’s treatment of vulnerable customers.Ministers were widely expected to allow adult gaming centres (AGCs), many of which allow customers to play slots 24 hours a day, to install more higher-stakes machines. Continue reading...
  
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• Amazon and Walmart sellers hoard goods in Canada to wait out tariffs

  22-04-2025 22:00
  Third-party vendors are betting that White House will back down on steep China levies
  
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• Exclusive: Poundland retail and digital bosses exit in leadership reshuffle

  22-04-2025 21:31
  
  Poundland has restructured its leadership team under new boss Barry Williams as part of his efforts to turnaround the struggling retailer.
  It is understood that around a dozen senior team leaders across digital, commercial, buying and retail left the business earlier this month, Retail Gazette has learnt.
  Among those impacted by the job cuts include director of digital Tom Hill, head of digital loyalty and engagement Emma Collins, head of labour and productivity Steve Young and head of retail ex
  
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