All Stores and property articles – Page 92
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NewsScS returns to order growth over winter and holds outlook
ScS returned to growth over the last 10 weeks and has held its profit outlook for the financial year
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NewsNew year footfall hit by strikes and economic uncertainty
Retail footfall in January has dropped significantly compared to the previous month due to train strikes and cash-strapped customers spending less after the festive season.
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InterviewInterview: Entrepreneur Wayne Hemingway on his new ‘purposeful shopping’ venture
Queues out the door, thronged tills, DJs. There was all the pazzazz of a flagship store opening but the excitement was not for one of fashion’s big names. It was for the opening of Charity Super.Mkt, labelled the first multi-charity preloved fashion department store.
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Opinion‘Retailers will have to work harder this year to persuade people to shop’
After surprise success in 2022, what should retailers expect from the year ahead? A rebalancing of sales channels, hybrid business models and the right marketing mix all have a part to play in success this year, believes PwC’s Lisa Hooker
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NewsShop price inflation hits record highs across all categories
Inflation reached a record high during the first week of January, according to the newest figures from the BRC-Nielsen Shop Price Index.
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NewsTesco makes changes to stores risking 2,100 jobs
Tesco is planning a raft of changes to stores, including closing its remaining counter services and reducing store manager numbers.
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Innovation of the WeekInnovation of the Week: On Running launches global running series ‘On Track Nights’
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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NewsStore vacancies fall as retail boosted by tourism and office working
The number of unoccupied stores has dropped for the fifth consecutive quarter, according to vacancy rate figures from the BRC-LDC Vacancy Monitor.
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NewsPoundland announces store transformation project
Poundland is embarking on the “biggest transformation of its store estate” yet, which will see 50 stores open, expand or relocate across the UK before the end of September 2023.
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InterviewInterview: Jollyes CEO Joe Wykes on expansion, competition and staff happiness
From new store openings to Christmas trading results, petcare retailer Jollyes is celebrating a year of record-breaking and chief executive Joe Wykes has no intention of taking his foot off the accelerator
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NewsRetail footfall shows green shoots of post-pandemic recovery
Footfall increased across retail over the 12 months of 2022, slightly improving from pandemic figures.
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NewsPrimark boss: Time to change the narrative about online sales growth
The finance chief of Primark parent company ABF believes it is time to rethink accepted wisdom about online retail’s growth trajectory.
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NewsHammerson to diversify Bullring and Grand Central with VR experiences
Sandbox VR, an advanced virtual reality experience, is set to open its largest unit and first UK location outside London this summer in the Bullring and Grand Central, Birmingham.
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NewsJigsaw boosts sustainability credentials with new repair service
Fashion brand Jigsaw has expanded its circular fashion concept, Jigsaw Forever, with the launch of its Repair Rewear service in an effort to “encourage better practices in retail and fashion consumption”.
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NewsBoots offers 1,500 jobs to former Lloydspharmacy staff affected by closures
Boots has announced that more than 1,500 job roles are available across its stores nationwide for pharmacists impacted by the Lloydspharmacy closures.
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NewsSosandar targets in-store customers with Sainsbury’s partnership
Sosandar has entered into a wholesale agreement to sell a range of products through Sainsbury’s, allowing the brand to grow from a pureplay into an omnichannel retailer.
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Innovation of the WeekInnovation of the Week: Currys trials new AI robots at its Birmingham store
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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NewsThe Works eyes growth following bumper Christmas despite deepening losses
The Works has predicted a growth in profit for the year following a bumper Christmas period, despite losses deepening in the first half.
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NewsWaterstones profits soar as post-pandemic shoppers flock to stores
Waterstones recorded an increase in full-year profits as sales soared post-pandemic.
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NewsArgos Ireland closure and Lloydspharmacy withdrawal from Sainsbury’s put 2,600 jobs at risk
Around 2,600 retail jobs could be lost after Argos revealed it will end its operations in Ireland and Lloydspharmacy decided to close its branches in Sainsbury’s stores.