All High street & town centre articles – Page 26
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News
BRC calls for ‘high street rethink’ as retail employment falls
The British Retail Consortium has called on the new prime minister to “rethink the high street strategy” as retail jobs decline across the country.
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News
CBI and BRC welcome Johnson but warn of challenges
The Confederation of British Industry and British Retail Consortium have welcomed the appointment of Boris Johnson as the new prime minister but warned of the issues facing business and retail more widely.
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Opinion
Opinion: Token gestures cost less than rent and rates reform
Last year’s announcement of yet another high street taskforce had me channelling the cultural icon that is Brenda from Bristol as I shouted across the office “What, another one??!!”.
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News
Almost one in six high street shops lie empty
The shop vacancy rate in the UK stands at 15.9%, according to figures released by local councils to restructuring specialist Duff & Phelps.
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Analysis
Retail property 2030: fewer shops, cheaper rents, indie anchors
As declining footfall, spiralling business rates and the ongoing penetration of ecommerce lead to a perfect storm for the shop, Retail Week looks at what the future holds for retail property.
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News
UK retailers suffer ‘summer slump’ as footfall falls in June
UK retailers suffered a tough start to summer, as footfall dropped across high streets and shopping centres, though retail parks saw a marginal uptick.
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Analysis
Analysis: What will the new prime minister mean for retail?
As the battle to become the next prime minister nears its conclusion, Retail Week investigates the impact a Boris Johnson or Jeremy Hunt premiership would have on retail.
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Opinion
Move of the Week: ‘Beating heart’ of Pret A Manger steps down
It will very soon be the end of an era at Pret A Manger, following the news that Clive Schlee will step down as chief executive at the end of September after 16 years leading the business.
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Retail Voice
Retailers must prioritise the in-store experience
To survive on today’s high street, retailers must transform their stores into immersive shopping destinations
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Cartoon
Retail cartoon: Have a butcher's at the future high street
Patrick Blower’s take on Sainsbury’s opening a meat-free butcher in east London – and what free-from stores might come next.
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News
Sports Direct opts for town centre with freehold acquisition
Sports Direct has acquired the freehold of a former TJ Hughes building in a town centre, relocating from a nearby out-of-town retail park in the process.
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Analysis
Analysis: How technology can save the high street
Hard times on the high street have been thrown into stark relief in the wake of news that Boots may close as many as 200 stores, while a CVA at Arcadia will result in about 50 closures.
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News
UK retailers suffer worst May in six years as footfall plummets
UK retailers suffered the steepest level of monthly footfall decline in six years during May, according to the latest figures from the British Retail Consortium.
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Opinion
Opinion: Together we can solve retail property's conundrums
I’m now about halfway through my tenure as Revo president and what a time to be at the beating heart of the retail property industry.
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News
Matalan profits rise despite 'tough climate'
Matalan has posted an uptick in full-year profit before tax and total sales that boss Jason Hargreaves attributed to “sales, margin, and cost management performance”.
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News
Amazon launches 'Clicks and Mortar' pop-up shops
Amazon is opening 10 pop-up stores across the UK to champion the products of more than 100 of its small business partners.
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Video
Watch: As Boots mulls closures, is there still value in shops?
As Boots reviews the future of more than 200 of its shops, the Retail Week team debate whether there is still value in operating large store estates.
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News
John Lewis ploughs £21m into Peterborough refurb
John Lewis & Partners is investing £21m in refurbishing its Peterborough store in the Queensgate shopping centre.
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Opinion
Opinion: How retailers and landlords can restore faith in CVAs
With Arcadia Group becoming the latest high street retailer to pursue a CVA to close stores and slash rents, retail landlords are increasingly reaching the end of their tether. British Property Federation boss Melanie Leech outlines how the gulf between retailers and landlords can be closed
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Analysis
Analysis: How M&S is getting back to shopkeeping
Marks & Spencer has reported a fall in full-year profits and sales as it presses on with its transformation plan.