THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
SUNDAY PAPERS

Sunday News Roundup

Telegraph

Philip Clarke, the chief executive of Tesco, is a season ticket holder at Liverpool, a football club which, after many years of disappointment, is enjoying its best start to the league for more than a decade. Sir Terry Leahy, his predecessor, is an Everton supporter.Last summer, Everton’s long-standing and highly respected manager, David Moyes, took over at Manchester United after the 27-year reign of Sir Alex Ferguson – the man credited with creating the modern football phenomenon that set new standards for sporting success. In 2011, Mr Clarke took over at Tesco after the 14-year reign of Sir Terry, the man credited with creating the modern retail phenomenon that set new standards for retailing success.

The over-50s clothing retailer Bonmarché is to open in garden centres as part of its expansion plans which could eventually lead to the company floating on the stock market. The womenswear retailer, which sells plus-sizes, has agreed a tie-up with The Garden Centre Group that will see the company opening new clothing stores.
The first store will open this Friday at Bicester Avenue Garden Centre in Oxfordshire, with Bonmarché planning to open up to three or four branches based in other garden centres over the next few months as a trial.

The head of Carphone Warehouse believes his brand is the most recognised in the industry, despite its anachronistic name. "It’s a fair question," says Graham Stapleton, the new chief executive of Carphone Warehouse UK, when asked whether he should change the company name – given that a typical 18-year-old has never seen, let alone used, a "carphone". As befits a 45-year-old who has worked for the business for a third of its 24 years of trading, he remains firmly attached to the brand. "The brand is the most recognised in the industry," he says. "At your peril will you change it when you’ve built all those years of awareness and knowledge. There are no plans from me as CEO to change the brand."

The new head of Ikea UK wants to double the size of the flatpack furniture giant’s business in Britain. In her first interview since taking the job this summer, Gillian Drakeford told The Sunday Telegraph that she wants to increase Ikea UK’s turnover to more than £2bn a year by 2020 by opening more stores and expanding online.
She hopes to take Ikea’s market share from just above 6pc to more than 12pc by the end of the decade.

The chief executive of Tesco, Philip Clarke, has been urged by investors to cut prices in the UK in order to put the ailing supermarket back on track. A top-10 shareholder told The Sunday Telegraph that Tesco needs to be more “aggressive” with its UK turnaround plan and will “continue to lose market share without price investment”. They added: “People don’t believe the margin is sustainable with existing market share trends.” Tesco last week posted a 24pc fall in half-year profits on the back of problems in Asia and Europe, as well as a 0.5pc fall in like-for-like sales in the UK, significantly behind the performance of rival J Sainsbury.

Leon, the Mediterranean fast food chain co-founded by Henry Dimbleby, is to double its number of restaurants by the end of 2014 as it moves outside London for the first time. The expansion, which will see Leon operate 24 units by the end of next year, will be funded by a £2m debt facility from Barclays. Mr Dimbleby, the chef and
son of David Dimbleby, and his co-founders John Vincent and Allegra McEvedy have secured the loan to speed up the rate of expansion. The funds will allow Leon to open an extra four sites by the end of this year and a further eight next year, on top of the current 12.

Independent 

Tory vice-chairman in court fight over the brand that dressed Jagger and Cher. A Conservative Party vice-chairman arrested on a historic allegation of rape is in court this week over the use of the name of a Savile Row tailor that dressed Elton John and Cher. Alan Lewis, 75, is appealing against a legal decision to revoke his use of the name Tommy Nutter, a tailor who was huge in the swinging sixties and whose business traded under his name.

Shares in defunct retailer Tweeter skyrocket. Shares in bankrupt electronics retailer Tweeter shot up by 1,800 per cent on Friday after overzealous investors believed they were buying shares in social media giant Twitter. Would-be investors confused the spelling of the defunct retailer's stock market symbol, or ticker - TWTRQ - with the intended ticker of the micro-blogging site, TWTR, after the latter announced that it will be floating shares to the public for the first time.

The Barclay brothers have received "several unsolicited approaches" to buy The Ritz in London's Piccadilly, according to the luxury hotel's latest accounts. This interest has led the directors to put a value of more than £735m on the hotel, which is one of the capital's most famous landmarks worldwide. This is up from £625m in 2010, when the accounts also stated that there had been interest in buying the hotel, which is perhaps best known for its afternoon tea that boasts 17 varieties of loose leaves.

Observer

She's one of the world's most photographed women, whose line of lingerie for M&S has become the bestselling in history. Eva Wiseman meets Rosie Huntington-Whiteley, the model with the action-hero boyfriend and the everywoman touch, Rosie Huntington-Whiteley has the kind of gentle beauty one might have sketched on the back of a book during double maths in 1991. Sitting with her in the restaurant of a Soho hotel is to gratefully disappear. Not only do the other diners stare at her with the wide-eyed beam of cars at night, but outside in the rain hovers a middle-aged man with a camera. Everything about his posture says: "This wasn't the life I planned."

Mail on Sunday 

Fishmonger with a twist reveals the secrets to starting up and standing out from the crowd. Rick Toogood couldn’t be further from your average fishmonger. For a start, he did a degree in product design at university. He is also something of a sashimi expert, having brushed up on his fine dining skills while living in China and traveling the world. So, although the 29-year-old has a strong background in the industry - he worked his way up fresh fish restaurant Fishworks to manage a number of their sites - it is hardly surprising that his new business is rocking the boat among more traditional fish retailers. 


Northern shoppers lead UK’s spending bonanza: Shock as London is outshone while confidence rises to post-crash peak. Booming consumer spending is being led by the North of England as shoppers headed back to high streets and online stores in September. The continued rise in spending confirms recent data showing that the UK
economy is still growing and consumer confidence is at its highest since before the financial crisis. Overall, spending was up by 3 per cent in September compared with the same month last year – above the rate of inflation and marking the sixth month of spending growth.

James Dyson is bringing his £3 billion technology empire – including his famous bagless vacuum cleaners – back to the UK after moving its ownership offshore four years ago. The original move to Malta in 2009 was widely seen as a measure designed to avoid UK tax, though Dyson declined to comment about it at the time.

She's one of the world's most photographed women, whose line of lingerie for M&S has become the bestselling in history. Eva Wiseman meets Rosie Huntington-Whiteley, the model with the action-hero boyfriend and the everywoman touch, Rosie Huntington-Whiteley has the kind of gentle beauty one might have sketched on the back of a book during double maths in 1991. Sitting with her in the restaurant of a Soho hotel is to gratefully disappear. Not only do the other diners stare at her with the wide-eyed beam of cars at night, but outside in the rain hovers a middle-aged man with a camera. Everything about his posture says: "This wasn't the life I planned."


Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues