All Retail Week articles in September 2024 – Page 7
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News
Frasers has acquired a Lancaster shopping centre as it continues to expand its portfolio
Frasers Group has acquired St Nicholas Arcade in Lancaster, further adding to its expanding shopping centre portfolio in the UK.
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News
Over 17,000 high street shops could shut over the next decade due to business rates, BRC warns
The retail sector is overtaxed compared to other sectors of the economy in the UK putting over 17,000 high street shops under threat over the next decade, new research by the British Retail Consortium (BRC) has revealed.
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Analysis
Reasons to be cheerful at John Lewis as it pulls turnaround levers – but there's a long way to go
If the John Lewis Partnership was a quoted company its shares might have ticked up today as first-half losses were slashed and “significantly higher profits” are expected for the full year.
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News
Very Group and Victoria’s Secret are considering offering same-day delivery
The Very Group and Victoria’s Secret are weighing up options of offering same-day delivery to their customers as demand for rapid service grows.
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Gallery
Inside Trinny London’s first flagship store on King’s Road
Pureplay beauty brand, Trinny London has opened the doors to its first permanent store on King’s Road, Chelsea, as it enters bricks-and-mortar retail.
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News
Ikea is piloting ‘next generation’ lockers in a tie-up with Tesco
Home goods and furniture giant Ikea has launched a trial of “next generation” lockers in Tesco stores.
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News
Waterstones is returning to Oxford Street in new partnership with John Lewis
Waterstones has announced its return to London’s Oxford Street in a “significant new partnership” with John Lewis Partnership.
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News
Boots has named its new managing director
The UK’s largest health and beauty retailer has announced that retail and operations director Anthony Hemmerdinger will take on the role of managing director when Seb James steps down.
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News
Tesco has lost its legal battle with Usdaw over fire and rehire
Tesco has lost its legal battle with shopworkers union Usdaw over ‘fire and rehire’ of staff, the UK’s Supreme Court ruled today.
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Data
Convenience on the up, chemists shuttered – the factors affecting store openings and closures
Net store closures of chain outlets in the UK reached 12.5 a day in the first half of 2024, averaging 38 closures and 25.5 openings per day according to new data from PwC and Green Street. Retail Week delves into the data to explore the factors impacting openings and closures
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News
John Lewis losses have narrowed as it remains on track to deliver higher full-year profits
John Lewis Partnership has reported growth in sales and reduced losses in the first half of the year as it remains on track to deliver “significantly higher profits” in 2024.
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News
Dunelm has gained more ground on John Lewis in homewares market share
Dunelm has put more space between itself and John Lewis in the league table of homeware market share.
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News
Iceland is launching 800 new lines as part of its ‘latest innovation push’
Iceland and The Food Warehouse are launching over 800 new products as part of the grocers’ “latest innovation push”.
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Analysis
SWOT analysis: As Dunelm’s sales keep growing, what are its strengths and weaknesses?
Dunelm delivered healthy sales growth despite operating within a subdued homeware sector, but how has it managed it? Where should it focus to find future growth, and what might be standing in the way of its success?
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News
Co-op has tripled its number of member deals till the end of the year
The Co-op has tripled the number of member deals as it launched more than 100 new value offers across brands and own-brand products until the end of the year.
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News
Frasers has unveiled plans for the Scottish shopping centre it acquired last year
Frasers Group has revealed its plans for the Overgate Shopping Centre in Dundee that it acquired in March 2023, as it continues to diversify its property base.
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News
Inditex has reported rising profits and sales as collections prove a hit with shoppers
Inditex, which owns the likes of Zara, Stradivarius and Bershka, has reported a surge in profits and sales during the first half of the year as all brands posted growth and product collections continued to prove a hit with consumers.
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News
Boohoo will start supplying all US customers from its UK distribution centre
Fashion retailer Boohoo has said it will stop supplying US customers from its Pennsylvania distribution centre and will fulfil these orders from its UK warehouse in Sheffield.
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Report Store
The Fastest Way to Lose Consumers
Honest opinions from 1,000 consumers on AI, marketing and data
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Interview
Q&A: Amazon director of grocery partnerships is branching into new territory with Morrisons
Following news that Amazon and Morrisons have expanded their partnership to include the grocer’s loyalty scheme, Retail Week speaks to Amazon director of grocery partnerships worldwide Russell Jones about new features, customer demand for loyalty and changing shoppers’ perceptions of Amazon as a destination for groceries