Rituals launches four boutiques in continued retail expansion
Rituals is opening four new boutiques, marking a “significant milestone” in its UK and IE expansion strategy. The luxury wellbeing brand is launching its first new boutique in Wilton Shopping Centre in Cork on 4 March. The opening will be followed by...
Tilray acquires BrewDog in £33m deal
Tilray Brands has acquired BrewDog in a £33m deal aimed at creating a global craft beer and beverage platform worth around $500m in annual revenue. The transaction includes BrewDog’s global brand and intellectual property, its UK brewing operations a...
£2.1bn of grocery sales at risk due to out-of-stock products, warns DHL
Product availability has overtaken price as the biggest driver of customer loyalty in UK grocery retail, with stock-outs putting an estimated £2.1bn in sales at risk, according to new research from DHL supply chain and Retail Economics. The new repor...
Availability now key driver of grocery loyalty, new report finds
Product availability has become one of the most powerful drivers of customer loyalty in UK grocery retail, according to new research from DHL Supply Chain and Retail Economics. The Availability Effect report finds that convenience and reliability now...
BCS adds two new directors to leadership team
The British Computer Society (BCS) has appointed two new directors to join the leadership team of the Chartered Institute for IT. Harpreet Panesar is set to join the group as its director of membership and volunteer engagement, while Adam Thompson ha...
TG Jones owner appoints advisers to draw up restructuring plan for retailer
TG Jones owner Modella Capital has appointed advisers from Teneo to put together a restructuring plan designed to put the stationery retailer on a more sustainable footing. The move, which comes less than a year after Modella took over the company, i...
Dr Martens chief product officer departs
Dr Martens chief product officer Adam Meek has departed from the shoe retailer after four years. The exec joined the business in December 2021, after a two year stint at Canadian outerwear and clothing retailer Canada Goose. Meek also worked for Nike...
ISBA responds to consultation on protecting children on social media
The Incorporated Society of British Advertisers (ISBA) has welcomed the launch of the UK government’s consultation on measures to protect children on social media. The consultation was published today (2 March) and asks for views from parents, carers...
Wise strengthens its board with new appointment
Fintech group Wise has announced the appointment of Scott Hill, a long-time tech executive, to its board of directors. Hill, who will join the board of Wise as an independent non-executive director, has held a number of prominent roles in the interna...
Discovery gap widens performance divide in homeware, suggests new research
Homeware retailers are experiencing a performance divide as discovery changes the purchase journey, according to MediaVision’s latest homeware report. Shoppers now browse multiple channels before making a purchase – and retailers who do not follow su...
Wickes connects UK businesses with ‘home-improvement’ audience
Wickes has unveiled a new media network designed to connect brands with the UK’s “home-improvement audience”. The platform, titled ‘Wickes Connected Retail Media’, was developed in partnership with Epsilon and is powered by the marketing agency’s COR...
From Bletchley to Delhi: Keeping AI global by design
Four years ago, the UK convened the first global AI Safety Summit at Bletchley Park – a symbolic setting that reminded the world of Britain’s computing heritage and of the responsibility that comes with leadership. Last month, that conversation conti...
Delivery failures are now ‘systemic’ in UK retail, says InPost CEO
Missed parcel deliveries have become a structural issue in UK ecommerce, with consumers facing ‘parcel anxiety’ after losing hours each month waiting in for orders that often fail to arrive the first time, according to new research from InPost UK. Th...
WATCH: Sofology celebrates fussiness in new campaign film
Furniture retailer Sofology has unveiled a new campaign film celebrating those “who know exactly what they want”. The spot, devised by creative agency TBWA\MCR, is part of the firm’s ‘So Fussy, Sofology’ brand platform. It follows on from the brand’s...
John Lewis gears up to buy back Waitrose supermarkets
John Lewis is gearing up to buy back some of its Waitrose supermarkets under a renewed retail push. Bosses are looking into the option of buying out landlords after building up £1.5bn in cash, as they remain confident that the retailer’s turnaround i...
UK Private Capital calls for scaleup reinvestment relief
UK Private Capital, an industry group representing the country’s private equity and venture capital firms, has called on the government to introduce a new form of relief to encourage late-stage investments. The group has urged for the introduction of...
Consultation could radically change UK AI and social media
The UK government has launched an expansive consultation on the subject of how technology is impacting the safety of children, the results of which could have far-reaching consequences in the AI, social media and video game sectors. Described by the ...