All articles by Hugh Radojev – Page 118
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NewsItalian furniture retailer Giorgetti opens first UK store
Giorgetti, the luxury Italian furniture and homeware brand, has opened its first store in the UK in London.
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NewsAlibaba launches first European store in Spain
Alibaba has opened its first physical store in Europe on institutional landlord Intu’s Xanadú scheme in Madrid.
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NewsJohn Lewis sales fall despite warmer bank holiday weather
John Lewis Partnership’s weekly sales figures were down year on year, despite record-breaking temperatures over the recent bank holiday weekend.
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NewsHammerson launches Leeds City Quarters concept
Hammerson has unveiled plans for its latest City Quarters concept in Leeds, which will sit adjacent to its Victoria Gate shopping centre in the city.
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NewsWeak consumer spending drives shop prices down
Shop prices fell slightly in August, driven by weak consumer spending and “stiff competition” between retailers.
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NewsArcadia hails creditors’ support as CVA challenge dropped
Arcadia Group’s chief executive has hailed the “loyal support” of staff, customers and creditors after confirming that the legal challenge from US landlords to its company voluntary arrangement has been dropped.
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NewsClarks asks landlords for rent reductions
Footwear brand Clarks is demanding rent reductions of up to 30% from landlords, as it seeks to overcome a spell of poor trading.
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NewsGovernment gives high street fund pre-election boost
Boris Johnson’s government has increased the pot of cash available to struggling regional high streets to £1bn, pledging to pump money into 100 towns across the UK ahead of a possible election.
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NewsShop Direct to sell Topshop lines for first time
Arcadia and Shop Direct have reached an agreement whereby the digital retailer will stock both Topshop and Topman products on its ecommerce sites for the first time.
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NewsInditex among signatories for ‘Fashion Pact’ sustainability initiative
Inditex is one of 32 businesses that has signed up to the ‘Fashion Pact’ initiative, created to “champion environmental sustainability” in fashion.
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NewsAnn Summers wins rent deals but CVA on cards for remainder
Ann Summers has won better property terms from landlords on most of its 100 branches but the refusal of property owners to be more flexible means a CVA may be considered for those where terms have not been struck.
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AnalysisAnalysis: Has another fire put Ocado in hot water?
After the second fire at an Ocado fulfilment centre in the space of eight months, Retail Week looks at whether the grocery pioneer has a systemic problem on its hands, or if it has simply been unlucky.
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NewsFire brigade called to fire at Ocado’s Erith warehouse
Ocado has said firefighters attended a fire at its customer fulfilment centre in Erith overnight, marking the second time a depot has suffered a blaze this year.
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NewsLaura Ashley slips into the red after homeware arm underperforms
Laura Ashley has reported a full-year pre-tax loss and seen like-for-like and total sales fall, which the retailer’s chair put down to the underperformance of its homeware arm.
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NewsTesco boss promises ban on brands that use ‘excessive’ plastic
Tesco boss Dave Lewis has said the grocer will step up efforts to cut down on single-use plastics by adding measures that would include banning brands that use “excessive” plastic packaging from its shelves.
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NewsOffice earmarks 15 loss-making stores for closure
Office is mulling the closure of 15 stores in the UK over the next two years as part of a wider turnaround strategy from parent company Truworths.
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NewsOverseas investors eye Morrisons and others due to weak pound
Stable retail businesses such as Morrisons are being eyed by overseas investors due to a drop in the price of sterling driven by ongoing uncertainty around Brexit, according to analysts.
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AnalysisAnalysis: Can grocers avoid empty shelves after Brexit?
As Boris Johnson’s government continues to stick to its pledge to leave the EU with or without a deal on October 31, Retail Week looks at what grocers and suppliers are doing to avoid food shortages in the days and weeks after the Brexit deadline.
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NewsAldi loses court battle with Charlotte Tilbury over ‘lookalike’ makeup
Discounter Aldi has lost a High Court battle with makeup artist and brand owner Charlotte Tilbury over a “lookalike” makeup line, with the judge describing the similarities between the two as “substantial”.
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NewsAldi to create 850 jobs with head office extension
Aldi has been given the green light to extend its head office and warehouse in Warwickshire, which the grocer said will create 850 new jobs.