All Stores and property articles – Page 14
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AnalysisCurrys completes turnaround phase as it looks to power ahead
Currys has beaten its annual profit expectations and resumed its dividend payments to shareholders as boss Alex Baldock and co have put their turnaround phase behind them.
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NewsSuperdrug profits rise as sales grow across stores and online
Health and beauty retailer Superdrug has reported a rise in profit accompanied by a growth in sales across stores and online channels.
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GalleryStore gallery: Iceland makes Beijing debut with first store in Asia-Pacific
Iceland Foods has taken the first step on its Asia-Pacific expansion journey, with the opening of its new store in Beijing, China.
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NewsMarks & Spencer ramps up store rotation programme and aims to put cyber attack behind it
Marks & Spencer is to accelerate its store rotation as it seeks to bring its best store formats and range to more shoppers, and expects to be trading online again within a few week following April’s cyber hack.
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NewsScS-owner Poltronesofà sees sales uptick from refreshed UK stores
ScS-owner Poltronesofà is close to completing a £57m transformation of 96 of the sofa retailer’s stores and expects it to be “highly profitable” by 2026, Retail Week can reveal.
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AnalysisThe true cost of inefficient stores, and what to do about it
Operational failures are costing retailers a staggering £146bn annually due to inefficiencies – costs retailers can ill afford but easily fix, reveals Retail Week’s new whitepaper. Much of this stems from a disconnect between what store teams need and what they are given
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AnalysisOasis, new brands, and customer growth: How London Designer outlet plans to make 2025 its best year yet
Located in the heart of Wembley, within a two minute walking distance of the iconic stadium, London Designer Outlet opened in 2013 and became the first outlet in the city.
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NewsWHSmith revises sale of UK high street arm
WHSmith has announced the completion of the sale of its UK high street arm to new owner Modella Capital under amended sale terms.
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AnalysisIf H&M is sneezing, does the rest of mid-market fashion have a summer cold?
After reporting a decline in operating profits in its first half, do the struggles of fashion giant H&M reflect a deeper malaise in UK mid-market fashion?
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InterviewQ&A: ProCook execs on growing through store expansion, product development and tech
Kitchenware retailer ProCook reported on its full-year results this week, with total revenue increasing 11% to £69.5m and underlying profit before tax soaring 50.9% to £1.5m
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NewsThe Range and Wilko call on landlords to help support store expansion
The Range and Wilko, both parented by CDS Superstores, are calling on landlords to support its acceleration of nationwide store openings.
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NewsYounger, LGBTQ+ and frontline staff the unhappiest in retail
Young, LGBTQ+ and frontline workers at the unhappiest staff in retail according to a new study, Retail Week can reveal.
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NewsPrimark proposes to cut 150 jobs as operating model ‘evolves’
Fashion giant Primark intends to axe about 150 jobs, mainly at its head office in Dublin.
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AnalysisWorking from home: How many days do the UK’s biggest retailers allow?
As changes to hybrid working – whether through guidelines or rules – play out across much of the industry, Retail Week has compiled the in-office days from some of the biggest retailers in the UK
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Chart of the WeekChart: Grocers and multiples to burn while Labour fiddles with rates thresholds
Government plans to increase rates on larger properties look to be bad news for supermarkets and larger retail chains in particular
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NewsSuperdrug unveils first ‘beauty playground’ debuting in London
Health and beauty retailer Superdrug has opened the first of its “beauty playgrounds” with the initial launch at its store in London’s Westfield Stratford.
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NewsRiver Island names locations of upcoming store closures
High street fashion retailer River Island has revealed the locations of the stores it plans to close as part of its restructuring process.
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NewsM&S rivals enjoyed ecommerce sales boost during cyber-attack blackout
Marks & Spencer’s online sales slumped as it was forced to close its website due to the effects of the cyber attack, which gave opportunity to rivals like Next, Zara and H&M.
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AnalysisWhy Labour’s promises on business rates reform are falling flat
Ahead of the government’s mooted interim report on the future of business rates due at some point this summer, Labour’s big promises of reform have fallen flat for much of UK retail.