Hugh Radojev
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NewsIkea given green light to build affordable homes
Ikea will soon be able to build affordable housing in the UK after a local authority agreed to work with a housing developer co-owned by the retail giant.
- News
Instagram boss reveals online retail plans
The head of Instagram has laid out his long-term vision to tap into the social media app’s user base and move further into the online retail space.
- News
Bonmarché in Day offer U-turn as ‘poor’ trading continues
Bonmarché’s board has said that poor trading during the first quarter means the offer made by Philip Day looks “more attractive”, despite not having been improved.
- News
Sports Direct opts for town centre with freehold acquisition
Sports Direct has acquired the freehold of a former TJ Hughes building in a town centre, relocating from a nearby out-of-town retail park in the process.
- News
Monsoon Accessorize CVA proposal calls for rent cuts
Monsoon Accessorize has published its CVA proposal calling for rent reductions at 135 stores in exchange for £30m in funding and a £10m annual profit-sharing scheme.
- News
Aldi to extend Local stores trial after positive feedback
Aldi is extending the trial of its Local store fascia, following the success of its first such shop that opened in Balham earlier this year.
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Next acquires Fabled beauty brand from Ocado
Next has bought Marie Claire Beauty Limited from Ocado in a deal that is guaranteed to net a minimum of £3m for the online grocer and technology company.
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Mulberry in the red as tough UK trading and investments take toll
Mulberry’s total revenues and pre-tax profits both fell last year, despite healthy growth in its international sales.
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Monsoon offers landlords share of profits ahead of CVA
Monsoon Accessorize has rejected landlords’ demands for an equity stake in favour of a share of future profits, ahead of its mooted CVA proposal.
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Former BHS owner Chappell in court over tax fraud charges
Former BHS owner Dominic Chappell has appeared in court facing charges of tax fraud and money laundering.
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Tesco mulls launching ‘Finest’ stores in bid to double profit margins
Tesco has outlined plans to launch convenience stores stocked only with its Tesco Finest in a bid to increase profit targets.
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Monsoon CVA under pressure as landlords cast doubts
Monsoon’s proposed company voluntary arrangement is already facing opposition from large landlords ahead of its reported launch tomorrow, Retail Week understands.
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Sainsbury’s cuts prices on more than 1,000 own-brand products
Sainsbury’s has said that since February it has reduced prices on more than 1,000 of its own-brand products as it continues to invest “to offer the customers the best choice”.
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Untuckit hires retail property firm as it eyes UK launch
US casualwear brand Untuckit has hired a UK property agency to help it identify possible store locations in London ahead of it launching in the UK.
- Analysis
How Co-op’s Whitfield is making convenience more convenient
The Co-op’s food chief executive Jo Whitfield discusses her plans to build a grocery business based on what people actually want. Hugh Radojev reports
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Arcadia CVA on knife edge as Intu rejects revised deal
Arcadia’s biggest landlord operator Intu has rejected the retailer’s revised CVA proposal, but the Topshop owner remains hopeful of salvaging its controversial deal ahead of the second vote on Wednesday.
- Analysis
Analysis: Is vertical farming grocery's future or fad?
After unveiling two separate deals in the vertical farming space, Ocado continues to place itself in the vanguard of grocery distribution and consumption.
- News
Ocado invests £17m to 'become a leader' in vertical farming
Ocado has today announced twin investments which it said will enable it to “become a leader in the newly emerging vertical farming industry”.
- News
Boohoo co-founder hit with £118.5m lawsuit
Boohoo’s joint boss and co-founder has been hit with a £118.5m lawsuit from an IT contractor claiming to be the third founder behind the fast-fashion etailer.
- News
UK retailers suffer worst May in six years as footfall plummets
UK retailers suffered the steepest level of monthly footfall decline in six years during May, according to the latest figures from the British Retail Consortium.
