Retail round-up: Boohoo.com extends visual merchandising contract, Arcadia may block new BHS administrator, and Fnac-Darty deal approved
Boohoo.com extends ATTRAQT contract
Boohoo.com has renewed its visual merchandising contract with ATTRAQT for a further two years, Proactive Investors UK reported.
As part of the contract, ATTRAQT will deliver its Freestyle Merchandising (FSM) platform across all of the retailer’s sites and its mobile app.
The FSM platform will continue to enhance Boohoo.com’s visual merchandising, site search, navigation and product recommendation functionality.
French competition authority approves Fnac-Darty deal
France's competition authority has cleared French music and book chain Fnac’s takeover of consumer electronics retailer Darty, Reuters reported.
As part of the approval, the combined unit will be required to sell six stores.
The decision means that the two companies will create France's largest electrical goods retailer with combined sales of nearly €8 billion (£6.6 billion).
Arcadia Group may try to block the use of a second administrator for the collapsed BHS, Sky News reported.
The former owner of the department store chain believes that the appointment of FRP alongside Duff & Phelps is a waste of creditors' money.
It is considering raising a formal objection at a public court hearing on Friday.
The Pension Protection Fund wanted to hire FRP last month as it believes an independent firm is needed to work alongside Duff & Phelps, the current administrator.
Asda claims customers save £57 a year by curbing food waste
Asda claims its customers save themselves an average of £57 a year by cutting down on food waste following a campaign launched by the retailer, The Yorkshire Post reported.
The campaign, which was developed with the University of Leeds, advised customers on food storage and recipe inspiration for leftovers.
Since the launch, 81% of Asda customers said they planned to follow the advice, and two million are making changes as a result of the campaign, according to the retailer.
Asda’s chief customer officer Andy Murray said: “As a major food retailer, we have a responsibility and the ability to bring about large-scale change when it comes to tackling food waste."