High street – Page 11
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NewsWilko poised to call in administrators, with 12,000 jobs potentially at risk
Wilko CEO Mark Jackson said the business had so far failed to secure an offer that would save it from running out of cash
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Comment & OpinionHow high street baker Greggs has managed a stellar sales performance
Greggs’ first-half results show a thriving business, but CEO Roisin Currie remains cautious
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NewsGreggs begins supply chain overhaul as it targets more new stores
Greggs posted strong half year results after seeing an increase in evening sales
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NewsLeon launches vegan aioli range into Costco
The business said the move would cater to those seeking larger format options, with each multipack including three 240ml jars
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NewsCreams to open dessert café concessions in Tesco stores
The deal with Creams, which currently runs around 100 cafés, most of them within the M25, will see Tesco staff trained to run the “café within a café” sites
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NewsUK loses 6,000 retail outlets in five years
It comes as the store vacancy rate continued to climb this year, with rising rents and increased competition putting pressure on small and independent businesses
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NewsGreggs to open cafés in Sainsbury’s supermarkets, as it ramps up store rollout
Greggs is also increasingly targeting travel hubs, including a new site at Gatwick Airport
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NewsM&S chief blasts Michael Gove over blocked Oxford Street store plans
The plans were rejected by Gove today on the grounds the public benefits would not outweigh harm to nearby heritage sites
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NewsPlanet Organic to review all ranges as part of rebuild under Renée Elliott
Elliott is currently writing a business plan for the financial year from September
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NewsKnoops appoints William Gordon-Harris as CEO after 78% growth this year
The business said Gordon-Harris would focus on growing the skillset of the organisation’s senior management team
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NewsPret a Manger results reveal return to profitability
Pret is often seen as a barometer for the health of the UK’s high streets
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NewsSavers sales surge 19% as shoppers return to stores post-pandemic
The lifting of Covid restrictions was followed by improved footfall across stores, according to the retailer’s results for the year to 31 December 2022
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NewsSuperdrug sales and profits surge as it pushes omnichannel and value strategy
Superdrug enlisted food blogger and anti-poverty campaigner Jack Monroe to promote its value credentials in May last year, as it froze prices of 130 ‘everyday essential’ own label lines
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NewsClampdown on business rates relief for empty property slammed as ‘out of touch’
The government has said evidence points to abuse of Empty Property Relief (EPR) as one of ‘the most common methods of rates avoidance’
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NewsCity snapshot: Warm weather boosts June retail sales
The hottest June on record boosted UK retail sales last month, according to the BRC-KPMG Retail sales monitor, though sales growth continues to significantly lag inflation
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ReportsHow fast food chains are aping the grocers in lunchtime battle
High street restaurants and fast food chains are adopting tactics straight out of the grocery playbook
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Category ReportThe new business lunch: lunchbox category report 2023
As the cost of living crisis forces office workers to downtrade from the likes of Pret, an opportunity has arisen for premium grocery
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Comment & OpinionBoots’ store closures are essential for it to thrive
Boots’ plans to close 300 stores have been linked by the press to speculation of a breakup by its US owner and labelled a cost-cutting measure
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NewsBoots to close 300 stores over the next year
Shopworkers affected by the closures are to be offered jobs at other stores
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NewsCity snapshot: Warm weather boosts UK retail sales
UK retail sales continued to rise in May after bouncing back to growth in April as warm weather boosted the industry