Amazon is delivering a direct blow to Etsy with the announcement of its Handmade Gift Shop. Serving as a separate storefront, it stocks thousands of handcrafted items for special celebrations and milestones.
Men’s lifestyle brand L’Estrange London has opened a Soho pop-up for three months, designed to be a space where customers can discover the brand’s core pieces, its unreleased concepts and interiors brands.
Sainsbury’s is ramping up its non-food offer at present with the retailer having now launched its new Tu Premium menswear line in-store, getting an Argos jewellery boost and expanding its Habitat store count.
IKEA reported full-year earnings of EUR 34.1 billion, and plans to test “open-source” design and full-range town-center showrooms as part of its efforts to adapt to rapidly changing consumer shopping habits.
Furniture giant DFS, which holds French Connection and Joules licenses, saw a sharp drop in its annual profits after a “significant deterioration in the consumer market” hurt sales in the second half of the year.
The Crown Estate’s plans to extend Leicester’s Fosse Park are taking shape following the acquisition of the neighbouring Castle Acres site, which will be redeveloped into a 288,000 sq ft shopping attraction.