All Stores and property articles – Page 58
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News
Credit insurer slashes cover for Iceland suppliers
Iceland suppliers have had their cover slashed by a major credit insurer as soaring energy costs place the food retailer under mounting pressure.
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News
Manière De Voir chooses Oxford Street for first store opening
Manière De Voir has announced plans to open its first permanent retail store in London as it continues its growth and innovation plans within the UK.
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News
Mike Ashley in talks to become rivals’ landlord with £100m shopping centre investment
Mike Ashley is poised to invest up to £100m in shopping centres in a bet that rising footfall will boost their popularity.
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Analysis
Analysis: Where next for Amazon as profits slump and sales stall?
While revenue growth continues and expectations continue to be exceeded, seemingly all is not well at Amazon. With jobs being slashed and profits falling, where next for retail’s biggest giant?
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News
M&Co snapped up by Yours Clothing owner AK Retail Holdings
M&Co has been bought out of administration by the Peterborough-based business AK Retail Holdings, which owns Yours Clothing, Long Tall Sally, BadRhino and maternity brand Bump It Up.
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News
Holland & Barrett to open concessions in WHSmith stores
Holland & Barrett is trialling an in-store concession with WHSmith Travel featuring a range of health, beauty and wellness products.
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News
JD Sports targets 350 store openings a year as part of international expansion
JD Sports has announced it aims to spend 50% to 60% of its yearly capital expenditure to expand the brand internationally over the next five years, especially in the North American and European markets.
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News
ScS returns to order growth over winter and holds outlook
ScS returned to growth over the last 10 weeks and has held its profit outlook for the financial year
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News
New year footfall hit by strikes and economic uncertainty
Retail footfall in January has dropped significantly compared to the previous month due to train strikes and cash-strapped customers spending less after the festive season.
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Interview
Interview: Entrepreneur Wayne Hemingway on his new ‘purposeful shopping’ venture
Queues out the door, thronged tills, DJs. There was all the pazzazz of a flagship store opening but the excitement was not for one of fashion’s big names. It was for the opening of Charity Super.Mkt, labelled the first multi-charity preloved fashion department store.
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Opinion
‘Retailers will have to work harder this year to persuade people to shop’
After surprise success in 2022, what should retailers expect from the year ahead? A rebalancing of sales channels, hybrid business models and the right marketing mix all have a part to play in success this year, believes PwC’s Lisa Hooker
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News
Shop price inflation hits record highs across all categories
Inflation reached a record high during the first week of January, according to the newest figures from the BRC-Nielsen Shop Price Index.
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News
Tesco makes changes to stores risking 2,100 jobs
Tesco is planning a raft of changes to stores, including closing its remaining counter services and reducing store manager numbers.
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Innovation of the Week
Innovation of the Week: On Running launches global running series ‘On Track Nights’
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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News
Store vacancies fall as retail boosted by tourism and office working
The number of unoccupied stores has dropped for the fifth consecutive quarter, according to vacancy rate figures from the BRC-LDC Vacancy Monitor.
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News
Poundland announces store transformation project
Poundland is embarking on the “biggest transformation of its store estate” yet, which will see 50 stores open, expand or relocate across the UK before the end of September 2023.
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Interview
Interview: Jollyes CEO Joe Wykes on expansion, competition and staff happiness
From new store openings to Christmas trading results, petcare retailer Jollyes is celebrating a year of record-breaking and chief executive Joe Wykes has no intention of taking his foot off the accelerator
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News
Retail footfall shows green shoots of post-pandemic recovery
Footfall increased across retail over the 12 months of 2022, slightly improving from pandemic figures.
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News
Primark boss: Time to change the narrative about online sales growth
The finance chief of Primark parent company ABF believes it is time to rethink accepted wisdom about online retail’s growth trajectory.
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News
Hammerson to diversify Bullring and Grand Central with VR experiences
Sandbox VR, an advanced virtual reality experience, is set to open its largest unit and first UK location outside London this summer in the Bullring and Grand Central, Birmingham.