More on Me + Em – Page 569
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News
Monsoon landlords call for equity stake ahead of CVA
A number of landlords have written to Monsoon demanding an equity stake in the business, in return for supporting any company voluntary arrangement.
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Video
Watch: As Boots mulls closures, is there still value in shops?
As Boots reviews the future of more than 200 of its shops, the Retail Week team debate whether there is still value in operating large store estates.
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News
Big four shopping centre landlords face 'long-term risk' from CVAs
One fifth of shopping centre floorspace being let by the four biggest real estate investment trusts is to retailers in administration or with shrinking sales, according to new analysis by UBS.
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News
Watches of Switzerland boss targets US expansion after IPO
The boss of Watches of Switzerland has said the US offers “more potential” for growth, following the business’ float on the London Stock Exchange this morning.
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News
The Uptick: Superfans, richer staff and royal connections
Welcome back to The Uptick, Retail Week’s monthly newsletter bringing a breath of fresh air to your inbox with by focusing on the stories, people, innovation and inspiration that make retail such a vibrant place to be.
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News
Watches of Switzerland floats with £647m valuation
Specialist retailer Watches of Switzerland has floated on the London Stock Exchange at 270p per share, giving the retailer a market capitalisation of £647m.
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News
Government to challenge £300m cash machine ruling
The government has won the right to appeal a court ruling over whether retailers should pay business rates for cash machines outside their shops.
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News
Microsoft to launch Oxford Circus flagship in July
Microsoft has revealed the opening date for its first UK store as it throws down the gauntlet to rival Apple.
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Analysis
How 44 retail leaders plan to re-engineer their businesses
The next five years will be marked by investment in digital, in-store tech and head-office staff as retailers re-engineer their businesses for future growth, a report from Retail Week has found.
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News
Arcadia refuses to pay more into pensions as CVA hangs in balance
Arcadia is refusing to pump more cash into its pension deficit as part of its CVA proposal, despite increasing fears pension regulators could vote against the group’s restructuring plan.
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Analysis
Analysis: Why Boots store closures will devastate the high street
When Walgreens Boots Alliance (WBA) warned in April that it was going to be “more aggressive” in its transformation plans, alarm bells started ringing with landlords either side of the Atlantic.
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News
Decathlon launches 'cashierless shopping' across Dutch stores
Decathlon has launched “cashierless” mobile self-checkout capabilities across all of its stores in the Netherlands.
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News
Reiss denies majority stakeholder looking to sell
Reiss has categorically denied recent media speculation that private equity firm and majority stakeholder Warburg Pincus is looking to sell the retailer.
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Cartoon
Retail cartoon: M&S bosses tune into staff's song
Patrick Blower’s take on the Marks & Spencer bosses’ plan to ‘bring back the voice of the stores’.
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News
Discounters reach record combined market share
Discounters Aldi and Lidl reached a combined record market share in May, while Sainsbury’s clung on as the second-biggest UK grocer, according to the latest data.
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News
Grocery sales fall in May as promotions rise
Supermarket sales slipped over the last month as grocers came up against tough annual comparisons.
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News
Shop price inflation rate second highest in six years
Shop prices increased during May at the second highest rate in the past six years, driven by non-food inflation and “spiralling” business property tax.