All High street & town centre articles – Page 25
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NewsBonmarché tumbles into administration placing thousands of jobs at risk
Bonmarché has tumbled into administration, with its boss blaming “a period of historic difficulty” on the high street for its demise.
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NewsRetail sales in September flat, says ONS
Retail sales were broadly flat in the month of August but did increase year on year, according to the latest figures from the Office for National Statistics.
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NewsRetail business rates to increase by £137m
The BRC has warned that retailers face a £137m business rates hike from next April based on the latest figures from the government’s consumer price index (CPI), which will pile more pressure on the sector.
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NewsRetail braced for ‘worst Christmas since Woolworths collapsed’
Retail is bracing itself for the toughest Christmas in a decade as Brexit uncertainty, high property taxes and deep discounting grip the market just two weeks into the golden quarter.
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NewsRetailers facing ‘sustained drop in footfall’ as September falls flat
The number of people visiting bricks-and-mortar locations has tumbled 10% over the past seven years, after September suffered a further decline in footfall.
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VideoIs Hays Travel bonkers to buy 555 Thomas Cook stores?
After Hays Travel bought more than 500 Thomas Cook stores, potentially saving thousands of jobs, following its recent collapse, the team debate if the move is savvy or reckless, and what the deal means for the wider high street.
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OpinionLeader: Thomas Cook deal is vote of confidence in high streets
The acquisition of Thomas Cook by Hays Travel is potentially great news for high streets, one shaft of sunlight to pierce the clouds hanging over town centres.
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OpinionOpinion: How retail has changed over the past 10 years
As I sat down to write this column it dawned on me that next month is my 10th anniversary as a Retail Week columnist.
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OpinionOpinion: Thomas Cook is a victim of demand for personalisation
It is often written that younger consumers value experiences more than actual products. A lot that is written about ‘millennials’ is often lazy stereotyping, but there is something about their desire for experiences that rings true.
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AnalysisThomas Cook collapse – what it means for high streets
The liquidation of Thomas Cook is a disaster for 150,000 holidaymakers and the travel agent’s 22,000 staff, including 9,000 in the UK.
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AnalysisAnalysis: Retail rents – how low can you go?
The wave of CVA activity this year has seen retailers begin to demand comparative rent cuts from landlords. Retail Week analyses whether rents will come down across the board.
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AnalysisAnalysis: Why is the east end of Oxford Street still so grotty?
What looked like a renaissance for the east end of Oxford Street appears to have stalled, but what are the prospects for a revival?
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NewsFootfall suffers ‘downwards trajectory’ in late summer
UK retailers suffered a tough end to the summer, as footfall continued its “downward trajectory” with little sign of the trend reversing soon.
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AnalysisAnalysis: How the St James centre will realign Edinburgh retail
The developers behind the new Edinburgh St James shopping centre believe that once completed, the scheme will put the city’s retail offering on the world stage. Retail Week explores how the scheme is playing a part in a wider realignment of the city’s traditional retail hubs.
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NewsGovernment gives high street fund pre-election boost
Boris Johnson’s government has increased the pot of cash available to struggling regional high streets to £1bn, pledging to pump money into 100 towns across the UK ahead of a possible election.
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OpinionOpinion: Retail property owners need to fix their trust issue
There were many reasons for the 2008 financial crisis. Blame is often laid at the door of the subprime crises in the USA. But look deeper and some point to Bill Clinton repealing the Glass Steagal Act, which in turn, it is suggested, was a response to a lack of meaningful wage growth in middle America.
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OpinionOpinion: Retail job losses are devastating for all of society
Sometimes August is seen as a quiet month in retail – not much happens and very few announcements are made.
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NewsIntu to trial ‘direct retailing’ at Broadmarsh shopping centre
Institutional landlord Intu has launched a ‘direct retailing’ trial at its Broadmash site as part of its new strategy to revamp its flagging shopping centre portfolio.
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AnalysisAnalysis: Seven ways retail is going back to the future
Retail is undergoing a technological revolution with AI, VR, robots and blockchain being trialled and tested throughout the industry. But retailers are increasingly revisiting old-school shopkeeping tactics to win customers and increase sales. Retail Week looks at seven ways that retailers are going back to the future.
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NewsDemand for retail property in London plummets
Demand for retail property in London is approaching lows last seen after the 2008 financial crash, according to new research.