News: Retail stores and property
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NewsThe Entertainer targets Spanish expansion with first branded store
Family-owned toy retailer The Entertainer has set its sights on expanding its own-brand store estate in Spain, following the opening of its first fascia in Valencia.
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Online sales growth slows following non-essential retail reopening
Online retail sales reported positive growth in April despite the easing of restrictions, although sales did decline on a month-by-month basis.
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Sainsbury’s launches Carluccio’s trial with three store-in-store formats
Sainsbury’s is set to launch three new Carluccio’s store-in-store concepts, representing the casual-dining brand’s first foray into supermarket retail partnerships.
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Joules upgrades profit expectations following ‘strong’ sales
Joules has upped its full-year profit forecast after hailing a “positive performance” across all its sales channels.
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Pret to trial ‘shop-in-shops’ in Tesco as it looks to reach wider customer base
Pret a Manger will open four new shops inside Tesco stores starting with a concession in the Kensington, London superstore in June.
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New Look boss looks to the future after winning landlord legal battle
New Look boss Nigel Oddy has said Monday’s favourable high court ruling will allow the retailer to put the fraught legal fight with some of its landlords behind it and focus on rebuilding for the future.
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Greggs upgrades profits after strong post-lockdown sales recovery
Food to go specialist Greggs has reported strong recovery in sales as the UK’s coronavirus restrictions have eased, saying profits for the year could be in line with 2019.
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Hotel Chocolat upgrades full year trading expectations following strong Easter
Hotel Chocolat reported surging sales over its crucial Mother’s Day and Easter periods and said it expected trading for the year to be “significantly ahead of expectations”.
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Superdry full-year revenues slump despite improved fourth quarter
Superdry has reported a slump in full-year sales but chief executive Julian Dunkerton says there is “light at the end of the tunnel” for the retailer following an improved fourth quarter.
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Theo Paphitis and Damian McGloughlin join Stores Week line-up
Theo Paphitis and Homebase boss Damian McGloughlin have joined the growing list of speakers for Retail Week’s Stores Week.
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Aldi eyes possible cashierless store format with ‘Shop & Go’ trademark
Discount grocer Aldi is looking into a range of possible new technology investments after trademarking ‘Shop & Go’ with the Intellectual Property Office (IPO), including a possible new cashierless store or self-scanning handsets for customers.
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One in seven shops now empty as shopping centre vacancies spike
The number of retail vacancies increased across all shopping destinations and regions in the first quarter of 2021.
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Waitrose and Hotel Chocolat strike new product partnership
Waitrose has struck a partnership with Hotel Chocolat to sell a selection of the retailer’s products in its supermarkets and online.
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WHSmith launches £325m fundraise to open 100 new travel stores
WHSmith has unveiled plans to launch a £325m fundraise as the retailer doubles down on the expansion of its challenged travel division.
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Shop price deflation slows in April as consumers head back to stores
Shop prices continued to fall in April, as retailers tempted consumers back into non-essential stores.
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Shopping trips set to drive post-lockdown economic recovery
Britain is primed for “a sharp snap back” in consumer spending as lockdown eases driven by a desire to return to bricks-and-mortar retail.
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Confidence inches up in April as consumers remain cautious about future
The rise in consumer confidence levels slowed in April as new Covid-19 variants and economic worries dampened the reopening of stores and hospitality.
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Primark boss insists ‘fashion is back’ as lockdown easing takes effect
Shoppers filled their baskets with the latest styles as well as staples at Primark when the retailer reopened, signalling hopes of a return to more normal life post-pandemic.
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John Lewis to begin renovations on Peter Jones store in London
John Lewis is due to commence a renovation of its iconic Peter Jones facade in Chelsea, London.
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Retailers team up with government to launch #ShopKind campaign
Retailers including Tesco and B&Q have teamed up with various trade bodies, the Home Office, charity Crimestoppers and unions to launch a new campaign around staff abuse.
