All articles by Hugh Radojev – Page 121
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NewsUK retailers suffer ‘summer slump’ as footfall falls in June
UK retailers suffered a tough start to summer, as footfall dropped across high streets and shopping centres, though retail parks saw a marginal uptick.
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VideoWatch: Will Microsoft store launch a new fleet of flagships?
As Microsoft opens its first flagship store in Europe on Regent Street, the team look at what it means for bricks-and-mortar retail in the capital and beyond.
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NewsData: Physical stores ‘halo effect’ boosts online sales
New research shows that retailers without a bricks-and-mortar presence experience much lower sales in areas where competitor retailers maintain physical stores.
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NewsArcadia eyes footwear brand to fill prime Oxford Street site
Arcadia has lined up an American footwear brand to fill its prime Oxford Street site that was formerly occupied by its Miss Selfridge brand.
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NewsDFS profits on track after ‘strong trading performance’
DFS has said it expects to deliver underlying profits in line with expectations, assisted by strong sales growth across its brands.
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NewsSosandar raises £7m through sale of new shares
Sosandar has raised £7m through the sale of new shares, as the retailer looks to widen its capital expenditure following impressive results.
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NewsBonmarché set to delist as second-largest shareholder sells up
Bonmarché is on track to be taken private after Philip Day convinced the retailer’s last major investors to sell its stake.
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OpinionOpinion: How many more tomorrows will the City give Ocado?
Ocado has today reported a big slump in half-year profit – yet the City remains, for now at least, fairly sanguine.
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AnalysisIceland’s Richard Walker on being retail’s straight talker
Iceland managing director Richard Walker tells Retail Week how the grocer is juggling its rapid expansion of The Food Warehouse with its sustainability drive.
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NewsAsda staff set for £62m windfall from share scheme
Around 25,000 Asda staff have pocketed a share of £62m from a share save scheme with the grocer’s parent company that came into effect in 2016.
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NewsThe Works profits dip as like-for-like sales rise
The Works reported a decline in its profit before tax, despite an increase in its like-for-like sales.
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NewsTopps Tiles like for likes increase in third quarter
Topps Tiles has reported a rise in like-for-like sales in its third quarter and improved trading from the levels reported in the first half of the year.
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NewsSainsbury’s sales fall in ‘tough’ first quarter
Sainsbury’s like-for-like sales fell by 1.6% in the first quarter, as the grocer struggled in what it described as a “tough market”.
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NewsBoohoo to open London event space and showrooms
Boohoo has taken event space and showrooms in London’s West End, marking the formerly pureplay retailer’s first foray into bricks and mortar.
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NewsItalian womenswear brand Stefanel in administration
Italian fashion brand Stefanel UK arm has crashed into administration and is set to close both its London stores.
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NewsThe Hut Group makes first foray into bricks and mortar in Manchester
The Hut Group has completed the purchase of a building that formerly housed a Jamie’s Italian restaurant in Manchester, marking its first move into bricks-and-mortar retail.
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NewsIkea given green light to build affordable homes
Ikea will soon be able to build affordable housing in the UK after a local authority agreed to work with a housing developer co-owned by the retail giant.
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NewsInstagram boss reveals online retail plans
The head of Instagram has laid out his long-term vision to tap into the social media app’s user base and move further into the online retail space.
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NewsBonmarché in Day offer U-turn as ‘poor’ trading continues
Bonmarché’s board has said that poor trading during the first quarter means the offer made by Philip Day looks “more attractive”, despite not having been improved.
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NewsSports Direct opts for town centre with freehold acquisition
Sports Direct has acquired the freehold of a former TJ Hughes building in a town centre, relocating from a nearby out-of-town retail park in the process.