Crew Clothing plans to open up to 12 new stores this year

British lifestyle brand Crew Clothing is reportedly planning to open between eight and 12 stores across the UK and Ireland this year. The first three stores are expected to open by mid-April - one in Kildare in Ireland and two in the southeast of England, Drapers reports. The retailer expects to open 20 in total... Continue Reading →

Aldi debuts first checkout-free store in Greenwich

Aldi has opened the doors of its first ever checkout-free store in the London borough of Greenwich. The ‘Aldi Shop&Go’ concept store is now open for public testing after months of being trialled with the grocer’s staff. The store is located on Greenwich High Street and allows customers to simply put items in a bag and... Continue Reading →

Starbucks launches new energy drink

If Starbucks is your go-to spot for a caffeine boost, soon your options will include house-branded energy drinks. The company will roll out Baya Energy online and in grocery stores this week, before the drinks hit U.S. Starbucks locations in March. The new offering marks the coffee giant's first foray into the energy drink market,... Continue Reading →

Klarna launches a physical card in the UK

Klarna has announced it is launching a physical card in the UK through Visa. The card utilises the company’s buy now, pay later product and lets users defer payments on their purchases both in-store and online. The Swedish fintech giant already rolled the card out in Germany and Sweden, where it is currently used by over 800,000... Continue Reading →

10 No-Holds-Barred Predictions For Retail In 2022

So here, in no particular order, are my prognostications for this year. 1.   The Stores Strike Back Again. Again. Three year ago I wrote a Forbes piece not only pushing back against the non-sensical “retail apocalypse” narrative, but calling attention to the success that legacy retailers were having by investing in their brick-and-mortar locations to embrace the blur that is modern... Continue Reading →

Trading updates paint a grim picture of the consequence of lockdowns and poor consumer sentiment.

Lockdowns – whether in South Africa, Australia or the UK – have exacted a heavy toll on retailers. Add riots, electricity shortages and poor consumer sentiment, and it’s clear that South African retailers have their hands full. However, Mr Price, Truworths, Woolworths and The Foschini Group have released wildly differing trading updates over the past... Continue Reading →

Lisney Outlook 2022

Welcome to this year’s Lisney Outlook 2022. This is the 64th year Lisney has produced an annual report on the Irish commercial and residential property markets.  Most sectors remain exceptionally resilient with strong activity levels experienced.  The last two years have brought many changes and living through the pandemic has made many of us think more... Continue Reading →

Private-equity firm interested in Walgreens’ U.K. drugstore chain

U.S. private-equity firm Bain Capital approached Walgreens Boots Alliance about buying its U.K. drugstore chain Boots (Bloomberg) — U.S. private equity firm Bain Capital recently approached Walgreens Boots Alliance Inc. about a potential purchase of its U.K. drugstore chain Boots, the Times of London reported, without saying where it got the information.  Bain is positioning itself as... Continue Reading →

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