All High street & town centre articles – Page 20
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OpinionOpinion: As jobs are decimated, Johnson must help ‘build, build, build’ retail
There’s no getting away from it – this has been a bruising week for retail.
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GalleryIn pictures: The retailers opening new stores in lockdown
While many retailers have tightened their belts to counter the impact of the coronavirus pandemic, some have used the time to launch new concept stores to expand their reach.
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NewsHarrods to slash hundreds of jobs as coronavirus craters tourism
Luxury department store Harrods is poised to make hundreds of redundancies, blaming the coronavirus pandemic for stifling sales and driving down tourism.
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AnalysisWeek two of store trading post-lockdown – what you need to know
Footfall across UK retail destinations continued to climb in week two as more non-essential retail stores reopen, with Wales seeing a particular surge as lockdown regulations ease.
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NewsNew Look mulls pre-pack administration in bid for turnover-based rents
Struggling fashion retailer New Look is threatening landlords with a potential pre-pack administration in a bid to move its store estate over to turnover-based rents, Retail Week can reveal.
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NewsLandlords brace for worst quarterly rents day
Retail landlords are bracing for what could be the worst quarterly rent day ever, when what is paid could be as little as 10% of what is owed.
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AnalysisCoronavirus: Grimsey’s prescription for reinvigorating high streets post-crisis
High street advocate and campaigner Bill Grimsey has made new recommendations on how to revive town centres through a focus on localisation and new purpose.
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NewsRetailers warn VAT cut could heighten coronavirus risks
Senior retailers have raised concerns that any temporary cut to VAT could result in extra cash-handling and increase the risk of spreading the virus.
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NewsBan on high street evictions extended until the autumn
The government has extended its ban on evictions of high street businesses over non-payment of rents until at least the autumn.
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NewsShops in Scotland to reopen from June 29
High street retailers will be allowed to reopen stores in Scotland from June 29, though the measures announced by the first minister mean shopping centres must remain shut.
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AnalysisJohn Lewis, Superdry, Lush and Waterstones on trading in retail’s new normal
After three months of shuttered doors due to the coronavirus, English non-essential retail reopened to the public on Monday. Retail Week analyses the lessons to be learnt from the first days of trading.
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OpinionOpinion: Reopenings reveal a flight to value that retail must embrace
It has become something of a recurring theme during this pandemic, but retailers and their frontline workers did themselves proud again on Monday.
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NewsStruggling Poundstretcher launches CVA
Variety discount retailer Poundstretcher has launched a company voluntary arrangement to help restructure its struggling business and appointed KPMG to help drive the turnaround.
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NewsGreggs to reopen 800 stores as coronavirus spurs strategic changes
High street baking giant Greggs is set to reopen 800 of its stores for takeaway later this week, as it stalls on new store openings and discusses moves to monthly rent payments.
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OpinionOpinion: Reimagining retail for post-pandemic world
Change has been forced upon us – both good and bad – and we have yet to determine how much will stick. Understanding which consumer trends will prevail is critical to future investment decision-making and building competitive advantage.
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NewsRetail footfall to suffer ‘for some time to come’, BRC warns
Footfall to retail locations will continue to suffer “for some time to come”, the British Retail Consortium (BRC) has warned, despite non-essential shops reopening their doors today.
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AnalysisAnalysis: What high street will emerge from the pandemic?
Already under enormous pressure before the arrival of the coronavirus pandemic, the high street has taken another battering. What will it look like as the crisis subsides?
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OpinionOpinion: Time for a reset of retail rent and rates
In 2015 I closed the last of my stores due to spiralling property costs. There’s not a day since that I haven’t missed them.
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OpinionThe Secret Landlord: Retailers want to have their cake and eat it too
After years in the driving seat, the tide has turned on landlords and retailers have the whip hand. However, occupiers must remember that they need landlords too.
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OpinionThe Secret Retailer: Landlords are living in cloud cuckoo land
The relationship between retailers and landlords is at a critical point.