All Stores and property articles – Page 181
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AnalysisAnalysis: How low can Aldi go on margin?
While trumpeting another successful year, Aldi’s annual results showed steep downturns in both operating and pre-tax profits, as it slashed prices amid ferocious competition. Retail Week looks at how low Aldi can afford to go on margins, and what that means for the wider grocery industry.
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NewsAldi boss: Ecommerce to deliver £100m of sales by end of year
The chief executive of Aldi has hailed the “strong progress” being made by the discounter’s ecommerce business, saying it will deliver £100m of sales by the end of the year.
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GalleryIn pictures: Shein opens Fashion Week pop-up store
Online fashion retailer Shein has ventured into bricks and mortar as it showcased some of its most popular items at a pop-up store event in London.
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NewsKingfisher struggles to sell Russian and Iberian operations
Kingfisher’s exiting chief executive Véronique Laury is struggling to sell its Russian and Iberian arms of the business before she steps down later this month.
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NewsAldi profits drop as it ramps up store investment
Aldi has suffered a fall in full-year profits after ramping up its investment into its store portfolio and slashing prices.
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VideoWatch: Has Waitrose lost its battle with Ocado before it’s begun?
As Waitrose cuts ties with Ocado replacement TDP just four months after joining forces, the team - along with special guest Bryan Roberts - debate if the grocer made an error in hiring an unknown partner in the first place and whether it can stick to its goal of “trebling the size of its online grocery business to £1bn over the next three years”.
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NewsM&S opens second new-format food store featuring urban farming
Marks & Spencer has today opened its second new-format food store in Clapham, south London, complete with a vertical-farming solution.
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NewsZara owner Inditex posts strong growth in first half
Zara owner Inditex’s half-year like-for-likes jumped 5% as it reported record sales and profits.
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AnalysisAnalysis: Retail rents – how low can you go?
The wave of CVA activity this year has seen retailers begin to demand comparative rent cuts from landlords. Retail Week analyses whether rents will come down across the board.
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NewsPrimark aims to boost sales with more food and drink formats
Primark is set to roll out more stores featuring food, drink and beauty treatments following the success of its Birmingham mega-store that opened earlier this year.
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AnalysisAnalysis: Why is the east end of Oxford Street still so grotty?
What looked like a renaissance for the east end of Oxford Street appears to have stalled, but what are the prospects for a revival?
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VideoWatch: Can Flannels clean up for Sports Direct?
As Sports Direct opens its long-awaited Flannels flagship on Oxford Street, the team debate if the £10m store is a wise investment or an expensive distraction from the group’s much-publicised problems.
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GalleryIn pictures: Inside Flannels’ new Oxford Street flagship
Flannels has opened its Oxford Street flagship store today, showcasing its new design concept and luxury brands.
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AnalysisAnalysis: How paranoia has fuelled Dunelm’s success
As Dunelm posts a strong set of full-year results, Retail Week asks chief executive Nick Wilkinson a year into his role how the homeware retailer plans to keep impressing the City.
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AnalysisAnalysis: How the St James centre will realign Edinburgh retail
The developers behind the new Edinburgh St James shopping centre believe that once completed, the scheme will put the city’s retail offering on the world stage. Retail Week explores how the scheme is playing a part in a wider realignment of the city’s traditional retail hubs.
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NewsAugust sales flatline in ‘incredibly disappointing month for retail’
Retail sales dropped to a “new low” during August, according to the latest BRC-KPMG sales figures.
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AnalysisAnalysis: Has time run out for Forever 21?
Forever 21 was the ‘American Primark’, the retailer all the teens flocked to. Now it faces bankruptcy. Retail Week looks at what went wrong and what lessons can be learned.
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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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NewsHMV set to unveil new experiential Birmingham flagship
HMV will open a new flagship in Birmingham city centre next month which will act as a live music space and focus on vinyl records.
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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.