All Stores and property articles – Page 127
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AnalysisAnalysis: Next boss Wolfson’s five key questions that will shape retail in 2022
Next beat expectations over Christmas but chief executive Lord Wolfson, one of the industry’s most respected leaders, said that working out prospects for the year ahead was “unusually difficult”.
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NewsFootfall slumps in post-Christmas week despite New Year’s Eve uplift
Footfall to retail destinations slumped in the week following Christmas despite an uptick in traffic on New Year’s Eve.
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NewsNew Selfridges owners plan to add hotel and apartments to Oxford Street flagship
Selfridges’ new Thai and Austrian joint owners are planning a revamp of its Oxford Street flagship that would include an upmarket hotel and food hall.
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NewsPret a Manger city sales slump amid latest coronavirus wave
Sales at food-to-go specialist Pret a Manger have slumped as the emergence of the Omicron Covid-19 strain kept city workers at home.
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NewsSelfridges sold to Thai-Austrian joint venture in £4bn deal
Luxury department store chain Selfridges has been sold by the Canadian Weston family to a joint venture between a Thai retailer and an Austrian property company for an estimated £4bn.
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Opinion‘Five key themes will drive success in fashion and retail in 2022’
Given its exposure to the ebbs and flows of Covid-19, the fashion industry has been a useful bellwether for the wider retail landscape.
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AnalysisWho will be the retail winners and losers of 2022?
Which retailers will fly and flop in the year to come? We asked retail experts to share their tips for 2022.
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DataData: Weekend footfall slumps as Omicron dampens last-minute Christmas sales
Surging cases of the Omicron variant have hit retail footfall and dampened any hopes of a sales surge on the last weekend before Christmas.
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AnalysisFive unmissable insights from Retail Week Live to lead you into 2022
At Retail Week Live 2021, leaders from all corners of the sector spoke on topics such as sustainability, the future of work, customer-centricity and experience, as well as looking ahead to the metaverse, livestreaming and gaming
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Retail VoiceIt’s time to connect the dots between journeys, stores and operations
Mastering the detail in retail is key as we head into 2022, says Reint Jan Holterman, global product marketing manager for retail software at Diebold Nixdorf.
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DataData: Confidence edges down as consumer interest in major purchases declines
The rising cost of living and the Omicron variant have led to a decrease in consumer confidence during the festive season.
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AnalysisThe 12 stories that rocked retail in 2021
2021 was a huge year for retail news. From surprise acquisitions and shock departures to new arrivals and supply chain woes, here are the stories that shook the industry
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GalleryIn pictures: Amazon, Lego and Ikea – the top 10 store openings of 2021
Retail Week speaks to a panel of industry experts to determine which executives will be in charge of the UK’s biggest retailers in the next five years.
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InterviewInterview: ProCook boss Daniel O’Neill shares his recipe for IPO success
As ProCook publishes its maiden results following a stellar IPO, Retail Week sits down with founder and chief executive Daniel O’Neill to discuss his future plans for the brand.
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AnalysisServe yourself: Could checkout staff become obsolete?
Self-checkouts have become commonplace across the grocery sector – but as other sectors jump on the bandwagon, could it soon become the status quo?
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Opinion‘The mismatch between valuations and anticipated performance has never looked so wide’
As we sit at the beginning of December, there are many conflicting industry drivers for retail, which when combined lead to significant ambiguity moving into 2022.
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NewsPoundland owner Pepco’s profits soar as new store openings boost sales
Pepco has recorded strong growth in profits despite “a challenging Covid-affected trading environment”.
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GalleryStore gallery: McDonald’s opens UK’s first net zero carbon restaurant
Fast-food giant McDonald’s has opened the UK’s first-ever net-zero carbon restaurant in the Shropshire town of Market Drayton.
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Opinion‘Omicron and Plan B are a hammer blow for the West End’s Christmas recovery’
After the optimism of November that saw West End footfall rise above pre-pandemic levels for the first time, the steady drizzle of Covid restrictions and warnings has dampened any Christmas spirit, writes Jace Tyrell of New West End Company.
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AnalysisAnalysis: The four ways Frasers has turbocharged growth during the pandemic
In its latest set of interim results, both Frasers’ profits and sales outshine those recorded in the pre-pandemic era. Retail Week examines how Frasers has prospered in a difficult trading period.