Issue 2019 April 30th

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    World’s largest retailer unveils store of the future

    The Walmart store of the future has been unveiled at its Neighbourhood Market format in Levittown, New York. The unit, called IRL (Intelligent Retail Lab), is a circa 5,000 sq m store and uses AI to ensure in-stock position and freshness of perishable items like produce and meat. Mike Hanrahan, CEO of IRL, said that, “customers [...]
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    Fashion retailer opens new concept homewares store in London

    H&M has opened its new Home concept store on 208 Regent Street,  presenting the latest H&M Home collections. The new 7,534 sq ft store covers two floors and includes an ever-changing event area, as well as an in store café. “Our new Concept Store is a new approach to the interior industry offering a new [...]
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    US fashion chain exits online in China as store closures beckon

    US fashion retailer Forever 21 will close its Chinese e-commerce website amid indications of possible physical store closures to come. While an April 25 notice on the brand’s home page confirmed the e-commerce shutdown, the retailer has declined to issue any official comments, despite the confirmed shuttering of one physical outlet and major discount sales [...]
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    Galeria Mlociny to open in Warsaw next month

    One of the biggest shopping and entertainment venues in Warsaw is to open in the capital city’s Bielany district next month. The Galeria Mlociny shopping centre is being developed by EPP. In all it will feature 225,000 sq m of space, 82,000 sq m of GLA with 76,000 sq m allocated to retail and F&B, [...]
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    Marks & Spencer leads Global Governance Index in UK

    Marks & Spencer has topped the 2019 Global Governance FTSE 100 Index, which revealed year-on-year improvements in modern slavery statements by 87% of FTSE 100 companies who have reported this year. As the Home Office prepares to audit in scope, UK companies’ modern slavery statements, 87% of the 24 FTSE 100 companies who have reported [...]