All Stores and property articles – Page 172
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OpinionPeter Williams: Boots closures show what must change for stores to thrive
The news that Boots is reviewing its UK store portfolio has been met with a large degree of shock and surprise. Given what is happening to virtually every retailer with a mature store estate, why should this be the case?
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NewsMatalan profits rise despite 'tough climate'
Matalan has posted an uptick in full-year profit before tax and total sales that boss Jason Hargreaves attributed to “sales, margin, and cost management performance”.
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NewsKlarna launches pop-up 'store of dreams'
Payment provider Klarna is releasing tickets for a week-long pop-up experiential event in Covent Garden featuring retailers previously only available online.
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AnalysisAnalysis: Seven retailers defying the gloom and opening stores
While many retailers – Boots is the latest – are shutting stores, others have ambitious opening programmes. Here we shine the spotlight on some of the big names that are laying down square footage.
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NewsTopshop to sell on Asos in turnaround push
Arcadia tycoon Sir Philip Green will plough £135m of investment into the business and will sell product from his flagship Topshop brand on Asos for the first time as part of a turnaround programme.
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VideoWatch: As Boots mulls closures, is there still value in shops?
As Boots reviews the future of more than 200 of its shops, the Retail Week team debate whether there is still value in operating large store estates.
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NewsMicrosoft to launch Oxford Circus flagship in July
Microsoft has revealed the opening date for its first UK store as it throws down the gauntlet to rival Apple.
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AnalysisAnalysis: Why Boots store closures will devastate the high street
When Walgreens Boots Alliance (WBA) warned in April that it was going to be “more aggressive” in its transformation plans, alarm bells started ringing with landlords either side of the Atlantic.
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CartoonRetail cartoon: M&S bosses tune into staff's song
Patrick Blower’s take on the Marks & Spencer bosses’ plan to ‘bring back the voice of the stores’.
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NewsJohn Lewis ploughs £21m into Peterborough refurb
John Lewis & Partners is investing £21m in refurbishing its Peterborough store in the Queensgate shopping centre.
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NewsCo-op raises £300m ‘Fairtrade’ bond to drive sustainability
The Co-operative Group has raised a £300m ‘sustainability bond’ in a bid to get more Fairtrade products in its shops.
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NewsMonsoon founder pledges £34m to secure CVA
Monsoon founder Peter Simon has offered £34m worth of rescue funds in a bid to win approval for rent reductions from landlords as part of a CVA.
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NewsCarpetright joins forces with Furniture Village
Carpetright has unveiled a new partnership with Furniture Village and opened its first concession with the furniture retailer.
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NewsRevealed: Arcadia's three-year plan to restore its glory
Arcadia has set out a recovery plan focused on digital growth and developing new avenues to market, Retail Week can reveal.
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DataConsumer data: what 2,000 shoppers want from supermarkets
Retail sales registered the biggest decline on record in the month of May, according to the BRC-KPMG Retail Sales Monitor, and most worryingly for retailers even food sales took a hit.
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AnalysisAnalysis: How M&S is getting back to shopkeeping
Marks & Spencer has reported a fall in full-year profits and sales as it presses on with its transformation plan.
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NewsM&S full-year profits fall as sales decline
Marks & Spencer has recorded a fall in its preliminary pre-tax profits, but boss Steve Rowe heralded “green shoots” in the department store’s ongoing transformation plan.
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NewsPets At Home full-year profits rise 'faster than anticipated'
Pets At Home has posted an increase in sales and profits in its preliminary results as boss Peter Pritchard described the business as “trading strongly and taking share across the pet market”.
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NewsJysk furniture group set for UK expansion
Scandinavian-owned Jysk furniture group is set to expand its UK store portfolio, rolling out new shops across the country over the next five years as it aims to increase its portfolio to 52 outlets by August 2024.
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AnalysisAnalysis: How to survive the 'high velocity retail' world
“The customer is no longer king. The customer is now master of the universe.”