All Stores and property articles – Page 98
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NewsAsda completes purchase of 132 Co-op petrol forecourts
Asda has formally completed a deal to acquire 132 petrol forecourt sites from the Co-op, subject to regulatory approval.
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NewsIkea weighs in behind M&S' Oxford Street redevelopment ahead of flagship opening
Furniture giant Ikea has supported Marks & Spencer’s plans to redevelop its Marble Arch store ahead of its own debut on Oxford Street.
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AnalysisStrategy spotlight: Five ways Dunelm will ensure growth beyond the homewares boom
Value-led homewares specialist Dunelm has delivered one of retail’s strongest performances over the past two years. A new digital platform served it well in the pandemic and its low-cost operating model has protected margins, but as the post-Covid homewares boom relaxes amid the cost-of-living crisis will it be able to sustain its success?
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AnalysisResearch: Stores key to 2023 investment strategy, say Primark, Under Armour and Waitrose bosses
Retail stores will see investment this year and remain central to many retailers’ strategy next year, the UK’s leading CEOs reveal in Retail Week’s strategic outlook report Retail 2023
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NewsNew stores recovery threatened by £800m business rates rise
The rate of store vacancies improved in the third quarter across all retail locations, but physical retail’s recovery is in danger of being held back by an £800m increase in business rates costs.
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Opinion'Welcome to Web -1.0, where pureplays struggle and stores are stars'
Never mind the metaverse and Web 3.0 – as ecommerce players fall on tougher times, retailers must focus on creating genuinely multichannel models, writes Retail Week executive editor George MacDonald
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GalleryStore gallery: Gymshark boss hails 'iconic' Regent Street location ahead of flagship opening
Gymshark’s first flagship store is set to open on London’s Regent Street on Saturday and founder and chief executive Ben Francis says “it will be one of those days that none of us ever forget”.
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NewsPrimark invests in Oxford Street store with Greggs cafe and vintage offer
Primark has opened two new elements in its Oxford Street East store as it places its bets on the shopping destination’s future.
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NewsIkea targets North West for expansion
Furniture and home giant Ikea aims to expand its presence in the North West where it will open three Plan and Order Points.
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NewsMarks & Spencer to quit Oxford Street flagship if rebuild plan rejected
Marks & Spencer has warned that it will cease trading from its flagship store on London’s Oxford Street unless redevelopment plans are given the go-ahead.
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NewsNew PM Sunak warned 10% business rates rise poses serious threat to retail
New Prime Minister Rishi Sunak has been urged to act on business rates, as the equivalent of a 10% increase next year threatens the survival of many retail businesses.
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NewsThree in four consumers to pare back spending as housing costs soar
Three quarters of consumers are set to cut their discretionary spending this winter to combat soaring costs associated with housing.
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Opinion‘Retailers can’t afford to neglect their workforce during golden quarter and beyond’
As the cost-of-living crisis deepens in the run-up to Christmas, the retail workforce could hold the key to survival, says Accenture retail strategy lead for Europe Kelly Askew
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NewsAuthentic Brands Group adds Ted Baker to European portfolio
US conglomerate Authentic Brands has completed the acquisition of Ted Baker.
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NewsDunelm reports ‘robust’ trading despite sales fall
Homewares specialist Dunelm has posted a fall in quarterly sales but described trading as “robust” and maintained profit forecasts in the face of tough trading conditions.
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NewsExclusive: Fenwick sales rise and losses slashed after weaning itself off ‘discounts drug’
Department store business Fenwick increased sales and cut losses last year as it turned pandemic challenges into opportunities by changing its business model.
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NewsAsda launches ‘Express’ convenience store format
Supermarket giant Asda will open its first ‘Asda Express’ c-store format next month in the Midlands, with a further 30 store openings planned for 2023.
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NewsGovernment U-turn on VAT-free shopping is ‘hammer blow’ for UK retail
UK retail representative bodies have called the government’s decision to roll back promised VAT-free shopping a “hammer blow” for an industry still struggling to recover fully from the pandemic.
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GalleryIn pictures: Battersea shopping centre powers innovation at Zara, The Body Shop and Adidas
Battersea Power Station switched the lights back on today, opening its doors to unveil the long-awaited shopping mall south of the River Thames.
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AnalysisResearch: How 57 CEOs are investing – including Primark, Under Armour and eBay
A better view of customer data, RFID to improve stock visibility and more sustainable delivery – the leaders of 57 retailers reveal their 2023 investment strategy in Retail Week’s latest report, Retail 2023.