All Stores and property articles – Page 134
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NewsHammerson 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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InterviewInterview: 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.
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NewsMarks & Spencer and Richer Sounds to pilot concession tie-up
Marks & Spencer is to introduce Richer Sounds as a concession partner as part of the ongoing overhaul of its store proposition.
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NewsSmiggle ratchets up pressure on landlords
The Australian owner of stationery retailer Smiggle has laid the groundwork to increase the pressure on landlords in upcoming lease negotiations by aligning store fit-out costs with break clauses.
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NewsCard Factory sets sights on expanding retail partnerships
Card Factory is set to roll out more partnerships and in-store concession stands following successful trials at Aldi and Matalan.
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NewsMoss Bros to trial premium service in bid to revive hire business
The chief executive of Moss Bros has said that the menswear retailer will be launching a “premium rental service”, as it bids to turn around its flagging hire business.
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NewsAmazon bolsters property team as it eyes bricks-and-mortar roll-out
Amazon has poached Central England Co-operative trading executive Matt Birch as it builds its UK property expertise.
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GalleryIn pictures: Topshop launches immersive sensory experience
As high street retailers continue to struggle with decreasing footfall, Topshop has launched an immersive experience to encourage customers to do more than just stop to look at its window displays.
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VideoWhy Next's boss thinks no-deal Brexit will mean lower prices
As Next unveils its half-year results, the team discuss boss Lord Wolfson’s assertion that the clothing retailer would be able to cut prices by 2% in the event of a no-deal Brexit.
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AnalysisUnderstanding Amazon – how every retailer’s biggest threat operates
If you ask most retail leaders what their biggest threat is, you’ll hear one common answer: Amazon.
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AnalysisThe Body Shop reclaims activist roots with new-look store
The Body Shop has unveiled a new store concept on London’s Oxford Street that taps into the retailer’s mission-led heritage with a keen focus on sustainability
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AnalysisAnalysis: How low can Aldi go on margin?
While trumpeting another successful year, Aldi’s annual results showed steep downturns in both operating and pre-tax profits, as it slashed prices amid ferocious competition. Retail Week looks at how low Aldi can afford to go on margins, and what that means for the wider grocery industry.
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NewsAldi boss: Ecommerce to deliver £100m of sales by end of year
The chief executive of Aldi has hailed the “strong progress” being made by the discounter’s ecommerce business, saying it will deliver £100m of sales by the end of the year.
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GalleryIn pictures: Shein opens Fashion Week pop-up store
Online fashion retailer Shein has ventured into bricks and mortar as it showcased some of its most popular items at a pop-up store event in London.
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NewsKingfisher struggles to sell Russian and Iberian operations
Kingfisher’s exiting chief executive Véronique Laury is struggling to sell its Russian and Iberian arms of the business before she steps down later this month.
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NewsAldi profits drop as it ramps up store investment
Aldi has suffered a fall in full-year profits after ramping up its investment into its store portfolio and slashing prices.
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VideoWatch: Has Waitrose lost its battle with Ocado before it’s begun?
As Waitrose cuts ties with Ocado replacement TDP just four months after joining forces, the team - along with special guest Bryan Roberts - debate if the grocer made an error in hiring an unknown partner in the first place and whether it can stick to its goal of “trebling the size of its online grocery business to £1bn over the next three years”.
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NewsM&S opens second new-format food store featuring urban farming
Marks & Spencer has today opened its second new-format food store in Clapham, south London, complete with a vertical-farming solution.
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NewsZara owner Inditex posts strong growth in first half
Zara owner Inditex’s half-year like-for-likes jumped 5% as it reported record sales and profits.
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AnalysisAnalysis: Retail rents – how low can you go?
The wave of CVA activity this year has seen retailers begin to demand comparative rent cuts from landlords. Retail Week analyses whether rents will come down across the board.