All Stores and property articles – Page 65
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NewsBRC urges chancellor to set new business rates at lower inflation levels
BRC and four other trading bodies have written to the Chancellor ahead of the spring budget urging him to align business rates rise with April inflation rates – currently at 2%.
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NewsThe Body Shop administrators investigate missing millions
The Body Shop’s administrators are investigating claims of millions of unaccounted funds that were taken out of the business before its collapse.
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AnalysisDisruptors: Seven smart tech companies streamlining retail
From AI headsets to cryptocurrency, Retail Week explores seven tech firms that are aiming to boost efficiency, sales and engagement across the industry
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Retail VoiceFive ways stock tech can superpower your business
With retailers navigating increasing financial pressures and evolving customer expectations, Trust Retail’s Mike Dotson believes the key to success lies in software
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Innovation of the WeekTesco launches menopause-friendly aisles
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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NewsOxford Street revamp set to deliver £2.8bn in additional sales by 2033
The new £90m Oxford Street programme is expected to drive 5% to 10% in sales growth per year to potentially reach £2.8bn in additional sales between 2027 and 2033, according to the New West End Company.
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NewsM&S claims victory in court battle over Marble Arch store
Marks & Spencer has claimed victory over its Marble Arch store plans after the High Court ruled Michael Gove’s decision to block the redevelopment was “unlawful”.
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NewsAsda invests record £150m in staff pay
Asda has invested a record £150m in staff pay, which it said makes it the highest paying supermarket in the UK on base rate.
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NewsAsda denies union claims as new store gets set to vote on strike action
Asda has denied the GMB union’s numerous claims of an unsafe working environment, allegedly prompting another Asda supermarket to vote on industrial action.
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AnalysisAfter years in the doldrums, is Croydon finally back on the retail map?
After nearly a decade of big talk and little action, the collapse of the £1.4bn redevelopment of Croydon town centre left many wondering whether the site was dead and buried. Until last week, when URW announced 12 new retail signings.
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NewsThe Body Shop: full list of store closures
The Body Shop will be closing 75 stores in a phased process over the coming weeks cutting its store footprint to nearly half in the country.
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NewsThe Body Shop to shut 75 UK stores and cut more jobs
The Body Shop will shut a further 75 stores resulting in nearly 500 job losses over the coming weeks as administrators take measures to restructure the UK business.
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NewsHammerson reports growth in footfall as rental income increases
Hammerson, which owns and operates shopping centres including Brent Cross in London, posted a rise in rental income as occupancy and footfall increased in the full year ending December 2023.
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NewsFebruary footfall ‘saved’ by half-term holiday shoppers
Retail footfall across all locations increased in February as the school half-term drove shoppers to stores.
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NewsMiniso to open store at Westfield Stratford City
Chinese lifestyle retailer Miniso is set to open its first store in east London at Westfield Stratford City in March.
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NewsMarks & Spencer unveils ‘biggest ever’ investment in staff pay
Marks & Spencer is investing £89m into retail staff pay – the largest sum it has ever devoted to colleagues.
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NewsShop price inflation falls again to reach lowest level in two years
Shop price inflation fell in February for the second consecutive month to reach the lowest level of annual growth since March 2022.
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NewsLululemon to relocate and upsize London flagship
Global athleisure and activewear retailer Lululemon will be relocating and upsizing its flagship store in Covent Garden, London.
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NewsNext approaches administrator in potential deal for Body Shop assets
Next has contacted the administrator in charge of The Body Shop, FRP Advisory, about a potential deal to acquire certain assets of the embattled retailer.
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NewsMinister warns tourist tax may not be overturned in spring Budget
The financial secretary to the treasury, Nigel Huddleston, has warned that a u-turn on the tourist tax is unlikely to be announced in the spring Budget.