Retail news round-up on January 20, 2014: Tesco eyed Mothercare acquisition, Amazon to offer Sunday deliveries and Victoria Beckham to open debut store in Dover St
Tesco examined Mothercare bid
UK’s biggest retailer Tesco weighed a bid for mother and baby products retailer Mothercare in an attempt to help refresh its UK supermarkes, the Sunday Times reported. Tesco considered the bid six months ago but the plan has been put on hold, according to retail sources. However, City insiders say the recent slump in Mothercare’s share price could rekindle Tesco’s plan. However, no approach has been made by the grocer so far.
Amazon UK to roll out Sunday deliveries in seven areas
Online retailer Amazon will launch Sunday delivery service throughout the UK. The Sunday deliveries, tested during December 2013 in London, will be rolled out in seven areas. Amazon will now make the service permanent in the capital, while also offering it to Birmingham, Milton Keynes, Oxford, Nottingham, Manchester and Leeds, according to the Telegraph. Sunday deliveries will be available to members of the Amazon Prime scheme at no additional charge.
Victoria Beckham confirms maiden bricks-and-mortar shop in London
Victoria Beckham has confirmed that her eponymous brand’s debut bricks-and-mortar shop will open in Dover Street, London this autumn. The designer has tapped architect Farshid Moussavi to refurbish the 7,000 sq ft, three-floor space, which sits opposite famed Dover Street Market. Plans entail ‘drilling a massive hole through the middle’ of the building’s interior, Beckham told WWD. The first outlet will be home to all the collections that fall under the Victoria Beckham umbrella: Victoria Beckham, denim, optical and accessories.