All Property articles – Page 6
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AnalysisResearch: 49% of retailers opening stores on local high streets, 59 CEOs reveal
Half (49%) of retailers opening stores next year plan to do so on local high streets in reaction to the shift to work from home and hybrid working, a new Retail Week report reveals.
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NewsJysk sales surge as homewares boom drives further store expansion
Danish furniture and home furnishings chain Jysk has recorded a surge in full-year sales despite lockdown restrictions as the retailer gears up to increase its UK store footprint by half.
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NewsSelfridges set to be sold to Thailand’s Central Group
Selfridges owners the Weston family have reportedly agreed to sell the department store chain to Thailand’s Central Group, with hopes for the deal to be completed by the end of this year.
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AnalysisBlack Friday bounce for bricks and mortar as online sales slow
Stores have emerged as the biggest beneficiary on Black Friday so far as online traffic and sales lag behind last year’s figures.
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NewsM&S wins approval for Oxford Street store redevelopment
Marks & Spencer’s plans to rebuild its Oxford Street flagship have received the green light from Westminster City Council.
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AnalysisHow retail must go even greener after COP26 commitments
As the world’s leaders came together in Glasgow for COP26, a raft of commitments and deals were made in a bid to limit global warming and stop a climate change catastrophe. Retail Week explores some of the implications for retail’s sectors.
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NewsHouse of Fraser fury over Oxford Street closure
House of Fraser owner Frasers Group has reacted angrily after its flagship Oxford Street store was served notice to quit the premises.
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NewsAmazon eyes hundreds of UK c-stores to rival Tesco, Sainsbury’s and Co-op
Amazon has thrown down the gauntlet to Tesco, Sainsbury’s and the Co-op with aggressive plans to launch 260 convenience stores across the UK.
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NewsHouse of Fraser flagship on Oxford Street to be converted to offices
The famous House of Fraser store on London’s Oxford Street is to become an office-led, mixed-use premises.
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DataData: Golden quarter trading tracker – weekly online and footfall trends
The golden quarter is well underway. Our weekly updates enable you to take the temperature of trading online and in bricks-and-mortar locations week by week during this crucial period.
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DataData: Fashion stores to lose £15bn in sales by 2025
Clothing stores across the UK will lose almost £15bn in sales between now and 2025, according to stark forecasts set out in a new report.
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NewsSunak unveils £7bn reduction in business rates but refuses to scrap system
Chancellor Rishi Sunak has unveiled a raft of measures to reduce business rates but stopped short of fundamentally overhauling the system.
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NewsUK could run out of warehouse space within a year, experts warn
The UK could run out of warehouse space within a year after the surge in online shopping and supply chain disruption during the Covid-19 pandemic sparked a boom in demand.
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NewsHammerson to end rent support for retailers as footfall returns
Shopping centre operator Hammerson has said it will focus on collecting rent arrears from tenants now that footfall has picked up.
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NewsSelfridges’ owners in talks with Qatar about potential £4bn sale
Selfridges’ owners the Weston family are reportedly in talks with Qatar about a potential takeover of the iconic department store chain.
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Retail VoiceFour ways to unlock global growth
The ability to sell abroad has served as a lifeline for many retail businesses during the coronavirus pandemic.
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NewsTesco raises guidance following 'strong' sales and profit surge
Tesco has raised its full-year profit expectations as boss Ken Murphy said the grocer is “outperforming the market” amid a sales uplift and profit spike.
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AnalysisIn pictures: What pedestrianisation inspiration can Oxford Street take from the world’s best high streets?
With on-off discussions about making Oxford Street partially or fully pedestrian seemingly endless, Retail Week looks at some of the international locations that have adopted people-first approaches and what it could mean for London’s West End.
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Opinion‘Business rates – government must now decide whether to be firefighter or arsonist’
The retail industry has been navigating crisis after crisis. Fresh from the pingdemic, the country found itself facing a massive HGV driver shortfall, supply chain problems and wider labour shortages.