All Stores and property articles – Page 52
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Data
Retail sales fall in March as record inflation persists
Retail sales fell in March as customers continued to rein in spending amid record-high levels of inflation.
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Analysis
Strategy spotlight: Five ways Ikea will drive long-term success in the UK
As the long-awaited Ikea store in Oxford Circus is set to open later this year, what can we expect from the Swedish retailer?
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News
Ikea to make ‘biggest ever’ investment in US expansion
Ikea owner Ingka Group is to make its biggest ever investment in stores and fulfilment in the United States.
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News
Carl Cowling banks on bumper summer to keep WHSmith travelling in right direction
WHSmith chief executive Carl Cowling has said the retailer is positioning its travel brand as a “one-stop shop for travel essentials” after reporting a surge in profit and revenue.
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Gallery
Store gallery: Inside the new ‘house of Rixo’ on King’s Road
Vintage-inspired fashion retailer Rixo, which was founded in 2015, has opened the doors to its new London flagship on King’s Road in Chelsea.
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News
Poundland owner’s sales climb as it navigates ‘challenging environment’
Poundland parent Pepco has reported a rise in second-quarter sales as it successfully steers its way through a “challenging environment”.
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News
WHSmith profits and revenues soar as travel division powers growth
WHSmith has posted a surge in profits and revenue in its first half as “strong momentum” continued across its UK and international travel business.
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News
Ikea to spend £4.5m to supercharge electric vehicles fleet
Ikea is to invest £4.5m in one of the biggest electric vehicle infrastructure projects for last-mile fleets in the UK.
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Gallery
Store gallery: Lacoste aims to ‘reinvent customer experience’ in largest UK store
Fashion retailer Lacoste has opened its new London flagship store on Regent Street, which is now the retailer’s largest store in the UK.
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News
Urban Outfitters unveils bricks-and-mortar expansion plans
Urban Outfitters has confirmed its plans to continue expanding its bricks-and-mortar offering with the opening of three new stores this year.
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News
Bensons for Beds kicks off new store opening drive
Bensons for Beds is to open 40 new stores over the next two years, following strong sales in the quarter to the end of March.
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Analysis
How Primark is powering into homewares and giving the competition a run for its money
Primark is a fashion favourite among shoppers, but is it now taking the lead as a homewares frontrunner too? As Primark continues to raise its standards for shoppers seeking to revamp their homes on a budget, Retail Week explores how the fashion giant is extending its offer
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News
Remaining M&Co stores to close this spring
Another raft of M&Co stores have closed their doors this month, with the rest set to follow this spring, following confirmation of AK Retail Holdings’ acquisition of the fashion retailer in February this year.
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Gallery
Store gallery: Inside PrettyLittleThing’s new ‘pink haven’ showroom
PrettyLittleThing has unveiled its new London-based showroom and office facility located in “the heart of Oxford Circus”.
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News
Asda to offer staff a paid day off for King’s coronation
Asda is to offer all hourly paid store colleagues a paid day off for the King’s coronation bank holiday on May 8.
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Gallery
Store gallery: First look at Next’s return to Gloucester Quays outlet
Fashion giant Next has opened its doors to shoppers at Gloucester Quays, as the retailer makes its return to the shopping outlet destination following its departure in May 2019, Retail Week can exclusively reveal.
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News
Footasylum ramps up UK expansion plans as womenswear demand booms
Footasylum has announced plans to expand its presence in the UK this year, with the opening of new stores and the upsizing of existing stores, following a “notable increase in demand for womenswear”.
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Data
Shopfloor pay ranking: How much do UK retailers pay?
Our ranking of shopfloor pay at the UK’s biggest retailers shows a rapid pace of change, but with shrinking volumes and rampant inflation to consider, how high can it realistically rise?
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Data
Forecast: The trends shaping health and beauty in 2023 and beyond
The Retail Week analyst team predicts the UK health and beauty market will grow at a compound annual growth rate (CAGR) of 3.9% to 2026/27 as retailers fight to gain market share in this lucrative category.
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Data
UK retail sales given Mother’s Day boost
UK retail sales rose in March due to consumers shopping for Mother’s Day.