Latest Articles in Retail

BPF calls on government to extend business rates relief for vacant lots

The British Property Federation (BPF) has called on the UK government to extend the period of business rates relief for empty properties from three to 12 months as shop vacancies in the region continue to grow. Currently, owners of vacant properties have a three month exemption from business rates to allow time to upgrade and re-let stores,...

Retail

AllSaints to accelerate digital transformation with NewStore

British fashion retailer AllSaints is rolling out NewStore’s mobile point-of-sale solution across more than 200 stores globally to streamline its operations and improve its direct-to-consumer mobile app experience. The move is part of AllSaints’ plan to accelerate its digital transformation to offer customers a premium, unified, and seamless...

Retail |In Pictures

New Balance launches new retail concept in London

Boston-based athletic footwear and apparel brand New Balance has opened a new retail concept at Westfield Stratford City in London designed to target a younger consumer. The London Stratford store is the first of its kind globally with a second store of the same concept set to open in Boston, US, in 2023. The concept has been designed to “put...

Retail |In Pictures

Kurt Geiger opens flagship store on London’s Oxford Street

British footwear and accessories brand Kurt Geiger has opened a new concept flagship store on Oxford Street in London. The 2,916 square foot flagship, located at 272-274 Oxford Street, was envisioned by Kurt Geiger’s chief creative officer Rebecca Farrar-Hockley and brought to life by architect Stefano Ripoli, formerly of David Collins Studio to...

Retail

Paul&Shark launches flagship store in London's Regent Street

Fashion brand Paul&Shark have marked its debut in the UK with the grand opening of its flagship store at 233 Regent Street, a prime retail location in the heart of London. The new space epitomises the essence of the brand, weaving together the timeless elements of tradition and spirit of innovation, while also preserving the balance between...

Retail |Interview Featured

Paige opens debut international store in London

Californian-based premium denim and contemporary fashion label Paige has opened its first international store in London as part of its ongoing retail expansion. The 3,592 square foot UK store has two entrances, one on Duke of York Square and the other on the King’s Road, and is Paige’s largest retail location to date, spanning across two floors,...

Retail

Rituals reportedly planning 25 store openings next year

Cosmetics giant Rituals is believed to be planning to open 25 new stores next year, as well as 10 new stores by the end of this current year. The rapid growth comes as the retailer aims to carry out a swift expansion across the UK and Ireland, according to Retail Week, which had initially reported on the news. Of the 10 new stores planned for...

Retail

UK clothing sales rebound in August

Sales at UK fashion retailers picked up in August following a dip in July linked to poor weather, according to new data. Clothing stores sales volumes rose by 2.3 percent in August, mostly recovering from a fall of 2.9 percent the prior month, according to the latest figures from the Office for National Statistics (ONS). Overall retail sales...

Retail

Mango Kids celebrates 10th anniversary

Mango is celebrating Mango Kids' 10th anniversary after achieving robust sales and putting in place ambitious expansion plans. In 2022, the line for children and adolescents saw an 18 percent increase in turnover, surpassing 200 million euros, including Mango Teen. Mango Kids, founded in 2013, focuses on comfortable, functional, and trendy...

Retail

H&M introduces fee for online returns

H&M has become the latest retailer to introduce return fees for online purchases. The Swedish fashion giant has begun charging shoppers 1.99 pounds per returned parcel, which will be deducted from their refund amount. However, H&M members can still return items for free. An H&M spokesperson told the BBC the move was introduced in the summer....

Retail

Target circle week October 1-7, to hire 100,000 seasonal workers

Target is offering a full week of savings during Target Circle Week, which will be running from October 1 to 7. Ahead of the upcoming holiday shopping season, the retailer also plans to hire nearly 100,000 seasonal team members. Also starting October 1, Deal of the Day program returns with deep daily discounts exclusively for Target Circle...

RetailFeatured

Online inflation sees biggest YOY fall since March 2022

The Adobe Digital Economy Index has released new data revealing that UK online spending in August reached 9.43 billion pounds, marking a slight year-on-year decrease of 1.3 percent and a 3.5 percent drop compared to July. Brits eagerly embraced a September heatwave with online prices seeing a significant 6.2 percent year-on-year decline, the...