High street – Page 13
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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
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NewsWilko extends contract with online fulfilment partner GXO to 2026
Growing online sales is central to Wilko’s turnaround strategy through its ‘omnichannel transformation’ plan
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NewsWilko planning no store closures in upcoming CVA
The home and garden retailer is due to launch a company voluntary arrangement next month in which it will seek rent cuts from landlords
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NewsBerry Bros & Rudd to open first dedicated spirits shop
The company said the upcoming launch demonstrates its commitment to cater to the growing demand for premium and luxury spirits
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NewsSainsbury’s confirms closure and replacement of all Lloyds pharmacies
How the spaces will be utiliised will vary store to store, a Sainsbury’s spokesman said
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NewsOne Beyond grappling with rise in ‘organised’ shoplifting
One Beyond chairman Chris Edwards said shoplifters had shifted from targeting single low-value products to sweeping the contents of a shelf into a bag
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Big InterviewsAlex Freudmann, M&S’s man leading the Ocado turnaround
Alex Freudmann has led turnarounds at Aussie retailers Coles and Dan Murphy’s. Now he’s turning his hand to the M&S-Ocado partnership
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NewsFoodspring targets UK expansion with Holland & Barrett listing
Two variants of the brand’s whey protein powder hit the retailer’s shelves in May
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Range PreviewAldi’s Fakeaway McDonald’s dupes vs the real thing
See how your favourite fast food fix compares with Aldi’s dupe and the price difference that will make it taste so much better. Look away now Ronald
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NewsSnappy Shopper looking beyond convenience for delivery partners
Snappy Group has grown by 50% over the past year, fulfilling over 5.5 million orders from its network of over 1,800 merchants
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NewsPret continues global expansion with first Italian store
The site is managed by Chef Express, the catering arm of Italian food conglomerate Cremonini Group
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NewsCity snapshot: B&M boosted by price-conscious shoppers
Revenues at B&M have jumped 6.6% to £5bn as cost-conscious shoppers turned to discounters to help manage the cost-of-living crisis. Plus, the latest NIQ supermarket till roll data, and trading updates from WH Smith and Bakkavor.
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NewsCity snapshot: UK retail sales bounce back in April
UK retail sales volumes have bounced back to growth of 0.5% in April, following a fall of 1.2%
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Comment & OpinionAsda merger with EG Group would be a disaster
The future of Asda matters for consumers, its 145,000 employees, the government and regulators alike
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NewsCity snapshot: M&S food and clothing profits decline
Marks & Spencer has taken a hit on margins as it invested in keeping its food and clothing prices competitive. Plus, food prices remain near 45-year highs, and C&C Group reports annual results.
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NewsMontezuma’s searches for buyer as Inverleith heads for the exit
Upmarket chocolate brand Montezuma’s has hired advisors to find a buyer for the business and provide private equity owner Inverleith with an exit, The Grocer has learned.
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NewsGreggs CEO rules out price cuts as inflation continues to bite
Roisin Currie said she doesn’t currently see deflation in the market
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NewsPoundstretcher has reduced workforce by 1,000 staff
The discounter employed on average 3,643 retail staff in the year to 31 March 2022, down from 4,645 in the previous 12 months