All Stores and property articles – Page 74
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Data
Data: Prices soar in April driven by furniture, electricals and books
Shop prices have reached record highs across all categories as cost pressures from the war in Ukraine and Shanghai’s lockdown mount.
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News
Retailers call for business rates cut to help battle cost-of-living crunch
A coalition of leading retailers and trade bodies has launched a ‘Cut the Shops Tax’ campaign, arguing for a business rates reduction to combat inflationary pressures and protect industry jobs.
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Gallery
Store gallery: M&S’ Stevenage superstore with wine tasting, fill-your-own and Scan & Shop
Marks & Spencer has opened a new concept superstore in Stevenage.
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News
Sainsbury’s profits climb but sales slip as grocer braces for cost-of-living crunch
Sainsbury’s has recorded an uplift in full-year profits but warned that “significant external pressures” would dampen its profits in the upcoming financial year.
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News
WHSmith boss Cowling: ‘We’re confident that travel is back for good’
WHSmith chief executive Carl Cowling has told Retail Week he is sure the leisure travel industry will boom through the summer and beyond – giving his travel stores a boost.
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News
Primark operating profits soar after store estate fully reopens
Primark has posted a surge in sales and operating profits driven by the reopening of its store estate following Covid-enforced closures.
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Analysis
Analysis: Five ways outgoing B&M boss Simon Arora created a value powerhouse
B&M chief executive Simon Arora will step down next year, having transformed the value operator into a UK retail powerhouse over the past two decades. His time at the helm offers lessons aplenty for his contemporaries, as Retail Week explores.
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Data
Data: Retail sales drop in March driven by decline in online spend
Retail sales fell year on year in March as pre-pandemic habits and hobbies returned.
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News
Data: Consumer confidence tumbles as cost-of-living crisis intensifies
Consumer confidence fell sharply in April as people grappled with rising costs.
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Opinion
‘Landsec’s new leasing strategy shows landlords are beginning to accept reality’
Landsec’s sensible new leasing options for its retail occupiers offer flexibility and a range of opportunities for partners. Is this an indication that landlords have finally accepted the reality of retail property’s situation?
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Gallery
Store gallery: Uniqlo and Theory join forces to celebrate ‘spirit of London’
Sister brands Uniqlo and Theory have opened a joint store on London’s Regent Street.
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News
New Landsec leasing strategy seeks to meet ‘rapidly evolving’ needs of retailers
Institutional landlord Landsec has unveiled a new leasing strategy aimed at luring new “digitally native” brands and meeting the “rapidly evolving” needs of traditional retailers.
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News
Gove hits pause button on M&S Marble Arch redevelopment plans
Communities secretary Michael Gove is expected to order a pause on Marks & Spencer’s plans to knock down its Marble Arch flagship so the plan can be scrutinised further.
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Interview
Interview: Farmison founder John Pallagi on bringing farm-to-fork meat to the people
Think of top-quality bread and Le Pain Quotidien might come to mind. When it comes to premium chocolate, Hotel Chocolat and its single-estate treats. But what springs to mind with beef?
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Interview
Interview: Who needs Prada when you have Primark? Paul Marchant on opening in the capital of fashion
Retail Week talks to Primark’s chief executive as the value giant continues its quest for global expansion
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News
Data: Inflation hits 30-year high of 7% as fuel and food prices soar
The annual rate of inflation recorded a rise to 7% in the 12 months to March as the cost of living continues to soar.
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Gallery
Store gallery: Zara unveils most tech-driven store yet with scan-and-go payments and automated returns
Zara has opened its most innovative store concept in Plaza de España in Madrid.
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Data
Data: Retail sales take a hit from rock-bottom consumer confidence
Retail sales were battered in March as consumer confidence waned in light of rising inflation.
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Report Store
Retail’s New Consumer Personas
Understanding behaviours and buying habits of today’s global consumer
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Analysis
The four consumer personas driving spend in 2022 and beyond
Four distinct consumer groups have emerged from the pandemic and they will influence spending for years to come. Retail Week’s new report, launched this week, reveals who they are.