All Stores and property articles – Page 114
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DataData: Footfall strengthens in February following removal of Covid restrictions
Footfall rose slightly in February compared to January as more workers returned to offices and Covid-19 restrictions came to an end.
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NewsIkea closes Russia stores and halts sourcing from Belarus
Ikea has closed its stores in Russia and parent company Ingka Group has paused all imports and exports in and out of the country and Belarus in response to Russia’s invasion of Ukraine.
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NewsH&M and Boohoo suspend sales in Russia
H&M and Boohoo are the latest fashion retailers to stop sales in Russia and Ukraine following the invasion.
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Retail VoiceThree ways in which the pandemic disrupted old-fashioned retail
Antiquated in-store experiences need to be brought up to date, says Objectivity’s Wayne Swallow, with technology being the solution to stop retail living in the past.
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DataData: Shop price inflation grows at fastest rate in over a decade
Retail prices increased to the highest rate recorded since November 2011 last month, accelerated by a rise in fresh food inflation in February.
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NewsJohn Lewis retires Never Knowingly Undersold as it invests £500m in price
John Lewis will remove its Never Knowingly Undersold pledge this summer as executive director Pippa Wicks says the promise “doesn’t fit with how customers shop today”.
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AnalysisProfile: Pets at Home’s new top dog Lyssa McGowan
Pets at Home’s new chief executive appointment came as a shock as she was a name few in the sector were familiar with. What could Lyssa McGowan bring to the role to drive the business to the next level?
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DataData: Consumer confidence hits lowest point in a year as price rise fears grow
Consumer confidence has dropped to its lowest point since January 2021, one of the worst months of the pandemic.
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Opinion‘UK retailers could follow US as ghost kitchens swoop into supermarkets’
Ghost kitchens are becoming an increasing part of the food retail landscape as grocers and restaurants compete for stomach share. Innovations in the US, from TikTok to Kroger, may inspire similar initiatives in the UK, says George MacDonald
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Retail VoiceWhy FMCG brands want to invest in in-store retail media
Retail media will be one of the biggest growth areas over the next few years, so what should grocers be doing now to harness their FMCG suppliers’ sizable brand marketing budget?
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GalleryStore gallery: Ikea launches £1bn investment in London with pioneering Hammersmith shop
Ikea has opened a first-of-it-kind small-format store in the UK in Hammersmith, west London.
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AnalysisAnalysis: Flash in the pan or permanent shift – which pandemic trends will outlast Covid?
Retail Week looks at the key trends that have dominated during the pandemic to see which consumer behaviours are here to stay.
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GalleryStore gallery: WHSmith launches first ‘Just Walk Out’ store in the US
WHSmith has opened its first checkout-free store in LaGuardia Airport in New York.
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NewsMarks & Spencer unveils £10-per-hour pay deal for all staff
All Marks & Spencer store staff will earn at least £10 per hour from the beginning of April under the retailer’s latest reward scheme.
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GalleryStore gallery: Greggs rolls into Primark with new cafe concept
Greggs has opened its shop-in-shop in Primark’s Birmingham flagship.
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DataData: Online retail grows at slowest rate on record in January
Ecommerce sales grew at the slowest rate on record in January as retailers battle the ongoing cost-of-living crisis and rising inflation.
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InterviewInterview: How Ikea’s property arm Ingka Centres is reinventing physical retail
As Ikea’s small-format store in Hammersmith prepares to open its doors next week, Retail Week sits down with Cindy Andersen – boss of the retailer’s sister company and property firm Ingka Centres – to discuss the new concept and how the Covid-19 crisis has reinforced its strategic shift to multi-purpose spaces.
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GalleryStore gallery: Poundland launches new large-format store to focus on fresh food
Poundland has opened its first large-format store, offering more fresh food in a bid to attract cash-conscious customers to do their weekly shops with the discount chain.
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Opinion‘When do we stop calling Amazon a retailer?’
Amazon’s varied and growing revenue streams mean that selling ‘stuff’ is increasingly incidental to the tech giant’s business proposition, Natalie Berg observes.
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Retail VoiceWhy the future of retail must be built on digital foundations
With the pandemic irreversibly altering the retail sector, particularly when it comes to all things digital, Citrix’s Gerard Lavin explores how retailers can capitalise on the changes.