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...Nick Landon, chief commercial officer, told the Financial Times that the former state-owned group was “actively working” on installing lockers that will store parcels until collection by customers, copying...
...McWin also backs pasta restaurant Vapiano and White Rabbit Projects, the venture behind Indian restaurant Kricket and Italian delicatessen Lina Stores....
...Additional reporting by Joshua Oliver in London...
...The probe was led by Inter Ikea, which oversees the brand’s franchise stores, and Ikano Retail, which runs Ikea stores in Malaysia as well as Singapore, Thailand, the Philippines and Mexico....
...The group on Monday outlined its plans for improving performance of its French brand Castorama, which had already changed its leadership and shut nine underperforming stores since 2020....
...Prada in December agreed a $425mn purchase of its New York flagship store. The Milan deal is the largest single property sale in Europe since March 2022, said MSCI....
...Gove suffered a High Court defeat last month when judges overturned his decision to block the demolition of the Marks and Spencer store at Marble Arch....
...But investors now increasingly see opportunities for the best-positioned shopping centres as retailers seek fewer and better stores and compete for the best space....
...UK-based retailer of sausage rolls and other pastries rose 7.4 per cent on Wednesday morning after it reported that total sales rose by almost 20 per cent last year and announced plans to open up to 160 stores...
...Marks and Spencer: The UK-based store chain fell 4.3 per cent, despite food and clothing sales over Christmas coming in better than expected....
...Think Gerald Ratner, the British entrepreneur who in the 1980s joked that his jewellery stores sold “total crap”. Sales immediately nosedived....
...for an extension of tax relief on plant and machinery investments Make UK also wants substantial reforms to the Apprentice Levy The British Retail Consortium, UKHospitality, Association of Convenience Stores...
...Three of these are being constructed to aid the Northern Lights project, a Norwegian government initiative that plans to store CO₂ below the North Sea....
...Metro Bank has distinguished itself by betting on physical branches and in-store customer service at a time when most lenders have retrenched from the high street....
...John Tattersall, managing director at Centrus, cautioned that the cuts to planned funding would store up problems for the future....
...Chief executive Daniel Frumkin said: “We remain committed to stores and the high street but will transition to a more cost-efficient business model while remaining focused on customer service.”...
...He said facilities include outdoor gyms, grocery stores and multipurpose courts for football and basketball....
...Rival department store Debenhams failed at the end of 2020, shortly after Philip Green’s Arcadia fashion empire fell into administration. First-half profits comfortably exceeded analysts’ forecasts....
...“The underlying technology is safe, provided that you handle it properly and you store it properly,” said Jim Rowan, chief executive of Volvo Cars, which is aiming to sell only electric cars by 2030....
...The launch of the Wolseley spin-off, which occupies the site of a grand former department store opposite London Bridge known as the “Gateway to the City”, marks the biggest restaurant opening of the year...
...to expand to 350 UK stores in the long term....
...to September 23, the Vuse product line generated $2.2bn in sales, accounting for 40 per cent of the total vaping market, according to a Goldman Sachs analysis of Nielsen IQ sales data from convenience stores...
...As a source of easy-to-access adventuring, Davies puts particular store by ocean yachting, which he describes as a “fantastic platform to explore” remote places....
...The model is “very recognisable”, says Oliver Müller, founder of watch industry consultancy LuxeConsult....
...Macy’s, the iconic New York-based department store, also under Quaker ownership at the time, did the same....
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