All Stores and property articles – Page 170
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NewsStore profit margins halved by soaring costs
Store-based profit margins have been decimated by rising costs over the last eight years, new research has shown.
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OpinionOpinion: New retail growth requires an old-school ethos
One hundred years ago – prior to the industrialisation of retail – every retailer was by definition what I call a ‘customer-keeper’.
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GalleryIn pictures: Selfridges unveils futuristic Christmas window
Selfridges has unveiled its Christmas window and in-store displays across all its stores – London, Birmingham, Manchester and online.
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OpinionOpinion: Can new boss lead Walmart to victory in battle with Amazon?
As it enters a crucial period in its ongoing domestic battle with Amazon, Walmart US has announced a change in its top leadership, with the business now to be helmed by an avowed technophile with a strong run of success on his CV.
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GalleryInterview: HMV boss vows return to profit as Birmingham superstore unveiled
Nine months after being bought out of administration, HMV’s new boss Doug Putman talks to Retail Week about its newest store opening in Birmingham today.
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OpinionLeader: Thomas Cook deal is vote of confidence in high streets
The acquisition of Thomas Cook by Hays Travel is potentially great news for high streets, one shaft of sunlight to pierce the clouds hanging over town centres.
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VideoMicrosoft’s Shelley Bransten: ‘Stores are alive and well’
Shelley Bransten, Microsoft’s corporate vice president, retail and CPG, on why stores are being reimagined and remain an important part of any retailer’s strategy, and the cultural changes the tech giant has made to increase diversity in its workforce.
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AnalysisAnalysis: Lewis is planning Tesco’s future, not just succession
There was one moment in Dave Lewis’ penultimate press conference as Tesco chief executive this morning that perfectly encapsulated his transformative tenure.
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VideoIs Coupe’s strategy enough to get Sainsbury’s back on track?
As Sainsbury’s boss Mike Coupe unveils his strategic “tweaks”, the Retail Week team ask whether evolution rather than revolution will get the grocer firing on all cylinders again.
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OpinionBryan Roberts: Tesco isn’t putting Jack’s back in the box
The British can sometimes take a degree of pleasure seeing the mighty stumble.
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NewsTesco closes Jack’s trial store following customer feedback
The grocer is set to close a Jack’s store in Lancashire to reopen a Tesco supermarket instead, after a five-month-long trial.
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AnalysisAnalysis: Sainsbury’s Coupe sets out new five-year manifesto
“I wouldn’t consider this to be a plan B”, Sainsbury’s boss Mike Coupe said as he lifted the lid on the grocer’s strategic update today.
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NewsMarks & Spencer raids Morrisons for stores chief
Marks & Spencer has poached Morrisons’ operations director David Lepley to take up the role of stores director.
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NewsHammerson mulls breaking HoF leases to repurpose space
Hammerson is in discussions about proactively breaking at least two House of Fraser leases in flagship schemes as it continues to strategically reduce its exposure to department store anchors.
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InterviewInterview: Making Ikea relevant for millennial shoppers
After an 11-year hiatus from the Swedish homewares retailer, Peter Jelkeby has returned to Ikea as its new UK and Ireland boss. He tells Retail Week his plan to make living affordable, sustainable and convenient for today’s shoppers.
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NewsMarks & Spencer and Richer Sounds to pilot concession tie-up
Marks & Spencer is to introduce Richer Sounds as a concession partner as part of the ongoing overhaul of its store proposition.
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NewsSmiggle ratchets up pressure on landlords
The Australian owner of stationery retailer Smiggle has laid the groundwork to increase the pressure on landlords in upcoming lease negotiations by aligning store fit-out costs with break clauses.
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NewsCard Factory sets sights on expanding retail partnerships
Card Factory is set to roll out more partnerships and in-store concession stands following successful trials at Aldi and Matalan.
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NewsMoss Bros to trial premium service in bid to revive hire business
The chief executive of Moss Bros has said that the menswear retailer will be launching a “premium rental service”, as it bids to turn around its flagging hire business.
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NewsAmazon bolsters property team as it eyes bricks-and-mortar roll-out
Amazon has poached Central England Co-operative trading executive Matt Birch as it builds its UK property expertise.