All Stores and property articles – Page 78
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Retail Voice
Why the future of retail must be built on digital foundations
With the pandemic irreversibly altering the retail sector, particularly when it comes to all things digital, Citrix’s Gerard Lavin explores how retailers can capitalise on the changes.
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Data
Data: Retail sales grow in January despite rising cost of living
Retail sales rose in January despite ongoing consumer uncertainty due to rising inflation, as well as higher energy and transport prices.
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Opinion
‘Amid all the turbulence, retail starts the year from a position of relative strength’
Christmas was good for many retailers, but to maintain share or increase growth in a volatile environment, it will be necessary to invest in differentiation, believes PwC industry leader for consumer markets Lisa Hooker
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News
Amazon’s UK sales soar as it doubles down on bricks-and-mortar offerings
Amazon’s UK sales grew by more than 20% last year on top of a 51% rise in 2020.
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Gallery
Store gallery: Walmart unveils new ‘interactive store’ format as part of redesign programme
Walmart has unveiled what it is calling an “interactive store” format, which it is testing at its Store 4108 incubator location in Springdale, Arkansas.
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Opinion
‘Was discount format Jack’s a waste of Tesco’s time?’
When Tesco’s first Jack’s store opened in Chatteris in 2018 the Fenland town found itself in the unusual position of being a must-visit retail destination.
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News
Westminster Council to inject millions into reviving West End
Westminster Council has set aside funds to revitalise the West End area of London.
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Data
Data: Shop price inflation rises to highest level since December 2012
Shop price inflation soared in December, driven by an increase in non-food inflation, as the cost of living rises across the UK.
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News
Changes to Tesco overnight shifts put more than 1,400 jobs at risk
Tesco has announced changes to overnight roles in some convenience and supermarket stores that will put more than 1,400 roles at risk.
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Gallery
In pictures: The best store experiences in New York City
As the industry came together at NRF Retail’s Big Show in New York in January, Retail Week explores some of the best stores opened in the city from 2020 to 2021.
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Retail Voice
Food and drink disruptors: How five of the UK’s best are getting closer to customers
Sophisticated customer profiling is leading to deeper customer insights, higher engagement and more accurate trend forecasting for these food and drink leaders.
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News
Tesco closes Jack’s stores and cuts counters putting 130 jobs at risk
Supermarket giant Tesco has said it will be axing its short-lived Jack’s store format and cutting hundreds of counters, putting 130 jobs across the business at risk.
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News
Ann Summers exits CVA as it swings back into black
Ann Summers has returned to profit as a result of its turnaround strategy, driven by strong online performance during the pandemic.
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Analysis
Analysis: How H&M is preparing for sustainable growth post-pandemic
H&M chief executive Helena Helmersson is adamant that the “worst is behind us” and the fashion giant is ready for what comes next. Retail Week looks at how H&M is setting itself up for future growth.
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Analysis
Analysis: NFTs, virtual fitting and the metaverse – the tech trends that will define retail in 2022
Which burgeoning technology will take centre stage in 2022 and what opportunities will it present for retailers? We put the question to a panel of tech experts.
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News
Number of vacant shops falls for first time since 2018
The overall store vacancy rate across the UK improved in the final quarter of 2021 as the number of vacant stores declined for the first time since the start of 2018.
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Analysis
Five critical lessons retailers must heed from golden quarter 2021
The peak Christmas trading period may have been unlike any other but, as Retail Week’s Golden Quarter 2021 report shows, there are consumer trends and behaviours that will have longevity.
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Analysis
Analysis: Are chief people and HR officers retail’s CEOs in waiting?
Recently appointed CEOs for retailers ranging from Chanel to Greggs have come from a people-focused background. Could the HR department be the proving ground for more future leaders as retailers assess their culture and strategy post-pandemic?
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Opinion
‘With the world of retail rapidly changing, employers must move with the times’
The shift to more flexible working and a greater focus on mental wellbeing has made the jobs market more competitive, writes Tony Gregg, but this presents an opportunity, not a threat.
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News
Primark pledges to keep prices low and cuts 400 jobs
Value fashion giant Primark has vowed not to increase prices, despite an inflationary environment, and is to axe 400 jobs.