All Stores and property articles – Page 133
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News
Forever 21 UK stores to commence £30m stock clearance sale
Forever 21 has commenced a £30m stock clearance sale from its three remaining UK stores, as its administrators look to wind up the business here.
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News
Shoe Zone revenues steadied by focus on big box stores
Shoe Zone has reported an uptick in revenues off the back of its ongoing focus on opening big-box format stores.
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Gallery
First look: Adidas’ new flagship Oxford Street store
Adidas has unveiled a new concept flagship store on Oxford Street, which features a strong focus on experiential digital innovation and customer services.
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News
Marks & Spencer stores chief quits before starting
Marks & Spencer’s newly appointed stores boss has turned his back on the role before his first day, Retail Week can reveal.
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News
Selfridges to rent space in new development to office provider
Selfridges has plans to redevelop a building across from its flagship store on Oxford Street and then rent some of it out to a co-working office provider.
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News
Store profit margins halved by soaring costs
Store-based profit margins have been decimated by rising costs over the last eight years, new research has shown.
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Opinion
Opinion: New retail growth requires an old-school ethos
One hundred years ago – prior to the industrialisation of retail – every retailer was by definition what I call a ‘customer-keeper’.
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Gallery
In pictures: Selfridges unveils futuristic Christmas window
Selfridges has unveiled its Christmas window and in-store displays across all its stores – London, Birmingham, Manchester and online.
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Opinion
Opinion: Can new boss lead Walmart to victory in battle with Amazon?
As it enters a crucial period in its ongoing domestic battle with Amazon, Walmart US has announced a change in its top leadership, with the business now to be helmed by an avowed technophile with a strong run of success on his CV.
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Gallery
Interview: HMV boss vows return to profit as Birmingham superstore unveiled
Nine months after being bought out of administration, HMV’s new boss Doug Putman talks to Retail Week about its newest store opening in Birmingham today.
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Opinion
Leader: Thomas Cook deal is vote of confidence in high streets
The acquisition of Thomas Cook by Hays Travel is potentially great news for high streets, one shaft of sunlight to pierce the clouds hanging over town centres.
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Video
Microsoft’s Shelley Bransten: ‘Stores are alive and well’
Shelley Bransten, Microsoft’s corporate vice president, retail and CPG, on why stores are being reimagined and remain an important part of any retailer’s strategy, and the cultural changes the tech giant has made to increase diversity in its workforce.
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Analysis
Analysis: Lewis is planning Tesco’s future, not just succession
There was one moment in Dave Lewis’ penultimate press conference as Tesco chief executive this morning that perfectly encapsulated his transformative tenure.
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Video
Is Coupe’s strategy enough to get Sainsbury’s back on track?
As Sainsbury’s boss Mike Coupe unveils his strategic “tweaks”, the Retail Week team ask whether evolution rather than revolution will get the grocer firing on all cylinders again.
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Opinion
Bryan Roberts: Tesco isn’t putting Jack’s back in the box
The British can sometimes take a degree of pleasure seeing the mighty stumble.
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News
Tesco closes Jack’s trial store following customer feedback
The grocer is set to close a Jack’s store in Lancashire to reopen a Tesco supermarket instead, after a five-month-long trial.
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Analysis
Analysis: Sainsbury’s Coupe sets out new five-year manifesto
“I wouldn’t consider this to be a plan B”, Sainsbury’s boss Mike Coupe said as he lifted the lid on the grocer’s strategic update today.
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News
Marks & Spencer raids Morrisons for stores chief
Marks & Spencer has poached Morrisons’ operations director David Lepley to take up the role of stores director.
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News
Hammerson mulls breaking HoF leases to repurpose space
Hammerson is in discussions about proactively breaking at least two House of Fraser leases in flagship schemes as it continues to strategically reduce its exposure to department store anchors.
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Interview
Interview: Making Ikea relevant for millennial shoppers
After an 11-year hiatus from the Swedish homewares retailer, Peter Jelkeby has returned to Ikea as its new UK and Ireland boss. He tells Retail Week his plan to make living affordable, sustainable and convenient for today’s shoppers.