All Stores and property articles – Page 72
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Retail Voice
Retail media: A multibillion-pound opportunity to improve CX and revenue
With the retail media market set to be a £100bn juggernaut over the next five years, according to global consulting firm BCG, there is a colossal opportunity for retailers to boost their bottom line. WNS’ Brian Burchfield delves into the ways retailers can capitalise on retail media.
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Opinion
‘Avalanche of returns is dragging down profits in an industry living on thin margins’
Retailers are adopting a variety of measures to try to soothe the growing returns headache. Alvarez & Marsal’s head of retail Erin Brookes looks at how the challenge is being addressed
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Gallery
Store gallery: French fashion retailer IKKS opens first UK store
French fashion and lifestyle brand IKKS has opened its first UK store on London’s Carnaby Street.
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Analysis
Analysis: As DFS and ProCook warn on profits, has the homewares sector lost its spring?
The homewares sector has enjoyed a boom over the past two years but, with DFS and ProCook issuing the latest in a string of profit warnings, has the pandemic bubble burst?
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Data
Data: New ranking reveals top 30 UK retailers by store growth
Retail Week’s latest report features new analysis of the retailers that expanded their store footprint the most from January 2019 to March 2022. It also features data from Local Data Company to show the sectors that are driving store growth and where the opportunities lie.
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News
John Lewis names first three locations for house-building scheme
John Lewis has confirmed the first three locations for its build-to-rent scheme as it aims to build 10,000 homes by 2030.
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Retail Voice
Three reasons why retailers should switch from reactive to predictive monitoring
With flexibility now one of the linchpins of a successful business, Diebold Nixdorf’s Leyla Feghhi sets out the case for retailers using managed services to ensure they are as proactive as possible.
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Data
Post-pandemic spending bubble bursts as shoppers rein in spending
Retail sales fell last month as consumers’ disposable income came under increased pressure, signalling an end to the post-pandemic boom enjoyed by some retailers.
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Gallery
Store gallery: Asos makes physical retail debut across Nordstrom stores
Asos has unveiled its first in-store collection in partnership with Nordstrom in the US.
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Gallery
Store gallery: H&M and Ikea open first Atelier100 store in London
Swedish fashion giant H&M and Ikea’s largest franchisee Ingka Group have collaborated to open the first Atelier100 store at the Livat shopping centre in Hammersmith, west London.
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News
Shop prices soar in May but inflation to ‘get worse before it gets better’
Shop prices rose further in May as inflationary pressures took their toll on retailers’ margins.
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News
Incidents of violent crime and abuse of retail staff trebled during pandemic
Incidents of abuse and violent crime towards frontline retail workers trebled during the first year of the pandemic, despite vast swathes of bricks-and-mortar stores being closed.
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News
Revamped Retail 100 will ditch rankings to reflect modern leadership
Retail Week’s annual celebration of the industry’s most inspiring individuals driving people, purpose and profit will return on June 16. Unlike previous years, the Retail 100 2022 will be a showcase rather than a ranking, with disruptive brands, sustainability activists and people champions recognised alongside a more diverse mix of c-suite leaders.
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Gallery
Store gallery: Amazon opens first ever Style fashion store in California
Tech giant Amazon has opened its first-ever Style dedicated bricks-and-mortar fashion store in Glendale, California.
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News
Ted Baker chief optimistic as losses reduce and sales rise
Fashion retailer Ted Baker has posted an improvement in annual performance and was upbeat about prospects after an encouraging start to the new financial year.
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Opinion
In pictures: ‘A tribute to a remarkable man and a social history of local retailing’
On Christmas Eve 2019, Maurice Dorfman flipped the sign on his haberdashery shop door to ‘closed’, just as he, and before him, his parents, had on 60 previous Christmas Eves. This time he would never flip it back. He died two months later, at the age of 87.
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News
Superdrug drafts in Jack Monroe over cost-of-living crisis
Superdrug has frozen the prices of 30 more of its own-brand products and launched a partnership with food blogger and activist Jack Monroe.
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News
Online sales tax will ‘damage shops and high streets’, Marks & Spencer warns
Marks & Spencer has written to chancellor Rishi Sunak setting out its opposition to an online sales tax.
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Analysis
In pictures: Platinum jubilee – a look back at 70 years of seismic change in retail
As the nation celebrates the Queen’s platinum jubilee, we take a look at how retail has been transformed during her reign, from the rise of self-service to the emergence of consumer culture.