All Property articles – Page 7
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Opinion
Theo Paphitis: ‘Physical vs online is not the conversation any more – next stop, hybrid retailing’
There’s no doubt about it, the world has moved on and as we make it through to the other side there’s a new dawn for retail.
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Gallery
Store gallery: Johnnie Walker Princes Street flagship opens in Edinburgh
Diageo’s multimillion-pound Johnnie Walker visitor attraction opens its doors to the public today on Edinburgh’s Princes Street.
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Gallery
Electric go-karts, arts fairs and whisky tours: Six innovative uses for empty department stores
The department store format has suffered badly over the last five years, with the vast majority of stores which have closed still standing empty. Retail Week looks at six innovative uses of former department store space both from the UK and internationally.
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News
Super shed numbers surge across UK as online boom sparks expansion
The shift to online shopping during lockdown has driven an explosion in demand for warehouse space, with 15 million sq ft of ‘super sheds’ built across the UK in 2020.
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News
Department store numbers plunge 83% since collapse of BHS
More than 80% of the UK’s department stores have been lost since the demise of BHS and many former branches still lie empty.
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Gallery
Store gallery: Russian discounter Mere takes off with first UK store
Mere, the discount supermarket chain that claims to be the ‘Russian Lidl’, has opened its first ever UK store in Preston, Lancashire.
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Analysis
Analysis: What lessons can be learned from the Westfield Croydon debacle?
After the best part of a decade of promises and planning both Westfield and Hammerson pulled the plug on the planned redevelopment of Croydon’s Whitgift Centre. What does the news mean for the future of the shopping centre and what lessons can be learned from the project’s demise?
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News
McColl’s considers fresh equity raise to drive Morrisons c-store expansion
Convenience chain and Morrisons wholesale partner McColl’s is exploring an equity raise to drive the expansion of its Morrisons Daily store format.
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News
Shopfloor staff omitted from government’s daily Covid testing scheme
Retail store staff have not been included in the government’s list of key workers who will become exempt from coronavirus self-isolation rules.
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News
The Works emerges stronger after ‘intensely challenging year’
Arts and crafts specialist The Works has reported that it is well positioned for the future after navigating the challenges of the pandemic.
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News
Marks & Spencer braced for cuts to opening hours amid Covid ‘pingdemic’
Marks & Spencer has warned it may be forced to slash opening hours at some of its shops if the number of staff being forced to self-isolate rises further.
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News
Ocado suffers second major warehouse fire in two years
Ocado has been forced to cancel thousands of orders and apologise to its customers following a fire at its largest warehouse in southeast London.
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Analysis
Back to the office – how retail HQs have been reshaped by the pandemic
In March last year, as the full threat of Covid-19 became ever clearer, the doors of retail head offices were slammed shut as the order was issued to work from home.
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News
Retailers ‘cautious’ on reopening despite final government guidance
Retailers are remaining cautious about lifting restrictions around face coverings and removing in-store safety measures following the publishing of government guidance around lifting restrictions from July 19.
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News
Hotel Chocolat profits to beat expectations as sales climb
Specialist retailer Hotel Chocolat’s full-year earnings will exceed expectations after annual sales rose strongly.
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News
Tina Green receives £50m payout from Topshop administrators
Tina Green has been handed £50m by administrators from the remains of her husband’s Arcadia empire.
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Opinion
Worldview: Walmart and Target prove the doomsters wrong on future of stores
When the pandemic shut stores across the US in early 2020, it did not take long for a chorus of doomsters to predict that the end was nigh for physical retail.
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Gallery
Store gallery: Sports Direct hails ‘new era’ with £10m Oxford Street revamp
Sports Direct has lifted the lid on its newest store concept on London’s Oxford Street as it accelerates its “elevation” strategy.
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News
Government gives retailers stay of execution with rent moratorium extension
The government has extended the commercial rent moratorium, preventing landlords from evicting tenants for failing to pay rent for another nine months.