All Stores and property articles – Page 149
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NewsSegro profits surge due to coronavirus ‘accelerating adoption’ of ecommerce
Warehousing group Segro reported a surge in pre-tax profits for the first half of the year, driven by the effects of the coronavirus pushing more consumers to ecommerce.
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NewsAmazon eyes further Go sites on Regent Street and suburban London
Amazon is in discussion with landlords about taking further Go sites on Regent’s Street and in more suburban areas in south west London.
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NewsRiver Island mulls CVA as coronavirus hammers sales
River Island is the latest fashion retailer to consider undertaking a company voluntary arrangement due to the effects of the coronavirus on sales and store footfall.
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GalleryStore gallery: Holland & Barrett unveils new ‘accessible wellness’ format
Holland & Barrett has launched a new concept store in Chelmsford, Essex, that offers a range of products and services to educate shoppers on their wellness needs.
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Retail VoiceSix themes that will power future stores
Retail stores have always been focused on delivering a great experience to their customers and building relationships that create long-lasting loyalty.
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AnalysisHow Nike, Unilever and Gymshark are building DTC empires – and the retail fightback
Already a huge growth area in retail, direct-to-consumer (DTC) sales were sent into overdrive over the past few months when stores were forced to close around the world.
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AnalysisWeek seven of trading post-lockdown – what you need to know
Footfall across all shopping destinations in the UK inched up marginally last week due to a combination of mandatory face masks in stores and the unpredictable weather conditions.
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GalleryStore gallery: Inside Nike’s first European House of Innovation
Nike has unveiled its third House of Innovation store and the first in Europe, on Paris’ iconic Champs-Élysées. Retail Week spoke to Nike’s Cathy Sparks about the opening.
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NewsRetail vacancy rates climb as government scales back relief funds
Vacancy rates across UK shopping destinations increased to 12.4% in the second quarter of 2020, compared with 12.2% in the first quarter.
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AnalysisDispatch: German shoppers stay local in fightback against coronavirus
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts who provide their insights into how they are coping with the pandemic.
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GalleryStore gallery: Burberry and Tencent unveil social media-powered concept store
Burberry and Chinese technology giant Tencent have collaborated on a new concept store in China, which has been dubbed a ‘social retail’ experience.
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AnalysisFour must-see graphs from Next reveal lockdown trading pattern
Fashion giant Next’s latest update showed “a much better position than anticipated three months ago”. These graphs eloquently tell the story of how performance has played out and the impact of store reopenings.
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NewsJuly shop prices fall as retail tries to lure shoppers back to high street
Shop prices have fallen for the fourteenth consecutive month, as retailers take to discounting to tempt customers back to stores.
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NewsMajestic toasts surge in sales and eyes new store openings
Majestic Wine has toasted a surge in sales during lockdown and lifted the lid on its growth plans, including new store openings.
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AnalysisAnalysis: Will mandatory face masks muzzle retail’s recovery?
Last Friday the government made face coverings mandatory for the public in all retail stores. Retail Week analyses what effect this will have on consumer confidence and economic recovery.
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AnalysisWeek six of trading post-lockdown – what you need to know
Footfall levels continued to inch up last week, despite the introduction of mandatory face masks and unseasonably wet weather over the weekend in England.
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NewsSainsbury’s trials virtual queuing system in tie-up with Ufirst
Sainsbury’s is testing a new virtual queuing system and accelerating the rollout of checkout-less shopping as it ramps up its response to the coronavirus pandemic.
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NewsRetail sales rise in June, ONS reports
Retail sales by value rose year on year and month on month in June as online stores continued to perform strongly.
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NewsFrasers Group hits out at business rates revaluation delay
Mike Ashley’s Frasers Group has hit out at the government, saying it looks on with “anguish and bewilderment” at its decision to delay the next business rates revaluation until 2023.
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Opinion‘Retail can ill afford another business rates review that fizzles out’
As night follows day, the beginning of another financial year also brings another government review into business rates reform. However, with the sector reeling from the coronavirus, this latest call for evidence gives reasons for optimism.