All Stores and property articles – Page 44
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AnalysisBoots vs Superdrug: battle of the high street health and beauty heroes
As they continue to innovate both on- and offline and right-size their store estates, both retailers’ financial upward trajectories are expected to gain momentum. But which health and beauty retailer will emerge victorious when we put them head to head?
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GalleryLululemon opens newly renovated store in Hong Kong
Global athleisure brand Lululemon has opened the doors to a newly renovated store in Hong Kong at the city’s IFC mall.
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NewsRetail sales fall in July as wet weather takes a toll
Retail sales fell in July compared with a steady rise in June as wet weather took its toll, according to the Office for National Statistics (ONS).
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NewsCostco targets new UK stores as part of major expansion
Value retailer Costco has targeted 14 new UK stores over the next two years, as part of a major UK expansion.
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Opinion‘As the M&S-backed Lionesses march on, the retailer is in contention for the customer cup’
In the week where England’s Lionesses kicked some important goals, so did Marks & Spencer – a partner of the England women’s team.
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NewsBRC warns failure to act on business rates will add £400m ‘additional pressure’
The British Retail Consortium has welcomed falling inflation but warned the government risks adding £400m additional pressures on prices without business rates freeze.
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GalleryAsda unveils new food-to-go format ‘Asda Food Hub’
Supermarket giant Asda has unveiled a new food-to-go store concept, designed to drive footfall by “providing great quality food-to-go options at an affordable price”.
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NewsPandora ups sales guidance amid strong growth
Jewellery specialist Pandora has updated its full-year revenue guidance after driving robust growth in the second quarter of the year.
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NewsWilko administrator sets deadline for offers
Wilko administrator PwC has set a deadline for interested parties to submit their first offers to buy the variety value retailer following its announcement of administration last week.
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NewsTourist tax causes London retail to lose out
Shops in London are struggling to lure tourists to stores following the government’s introduction of VAT on overseas spending.
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Innovation of the WeekInnovation of the Week: Lush pop-ups hit the right note at festivals
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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GalleryDior and Harrods reunite for Paris-inspired pop-up
Dior has opened the doors of its new summer pop-up at Harrods, London, in a continued partnership between the fashion house and the department store.
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AnalysisOxford Street: what’s wrong and how to fix it
Oxford Street, the UK’s most famous shopping street, has been in the headlines for the wrong reasons again after an attempted crime spree caused chaos last week.
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NewsFrasers Group takes new Meadowhall flagship as part of physical expansion
Frasers Group has announced the signing of “significant leases” with British Land, “reinforcing the group’s commitment to physical retail in the UK”.
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NewsM&S executive says Oxford Street decline is driving surge in crime
A Marks & Spencer executive claims a recent crime wave in the West End is a reminder of Oxford Street’s decline.
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Opinion‘I’ve been tortured by my inability to see why investors have championed new, disruptive models’
While investors may covet the latest shiny new thing and bash retail as ‘last season’, they are missing the virtues that great omnichannel retail increasingly holds, believes Matt Coode of OC&C Strategy Consultants
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AnalysisStrategy spotlight: Five ways Tesco is storming ahead of its big four peers
Despite squeezed consumer spending and the growing discounter threat, market leader Tesco has consistently held on to its dominant market share. Amid initial signs of food inflation starting to ease, our Retail Week analysts examine five ways we expect the grocery giant to intensify its focus and maintain its competitive advantage
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NewsSuella Braverman calls for Oxford Street perpetrators to be ‘hunted down’
The Metropolitan Police made nine arrests yesterday as hundreds of teenagers gathered outside JD Sports as a robbery campaign went viral on Snapchat and TikTok.
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NewsWilko collapses into administration
Wilko has fallen into administration after failing to secure a rescue deal, but stores will remain open while a buyer is urgently pursued.
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InterviewQ&A: Lounge CEO Dan Marsden on rewriting the stereotypes of lingerie shopping
As Lounge gets ready to open its first ever permanent retail store in London’s Westfield, White City, boss Dan Marsden spoke to Retail Week about the power of social media, standing out from the crowd and the lack of competition within the underwear sector