All Shopping centres articles – Page 6
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NewsFootfall hammered by cost-of-living concerns despite platinum jubilee boost
Shopper numbers were boosted by the platinum jubilee in June, but footfall is expected to remain behind pre-pandemic levels for the “foreseeable future” as the cost-of-living crisis impacts consumer behaviour.
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AnalysisTalking Shop: Has Covid changed the layout and purpose of the store forever?
As retailers re-evaluate their store portfolios, an increasingly radical range of options and uses are being trialled by some of the UK’s biggest retail chains. In the first instalment of Retail Week’s examination of how Covid has changed the store, Mark Faithfull looks at some of the tests and pilots under way and how they might inform the next generation of stores.
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GalleryStore gallery: Amazon opens first ever Style fashion store in California
Tech giant Amazon has opened its first-ever Style dedicated bricks-and-mortar fashion store in Glendale, California.
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DataData: Footfall drops in April as retail sweats on sustained cost-of-living contraction
Footfall in April dropped across all retail destinations as the sector waits to see whether the month will be a precursor for the future as the cost-of-living crisis deepens.
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NewsPrimark operating profits soar after store estate fully reopens
Primark has posted a surge in sales and operating profits driven by the reopening of its store estate following Covid-enforced closures.
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NewsNew Landsec leasing strategy seeks to meet ‘rapidly evolving’ needs of retailers
Institutional landlord Landsec has unveiled a new leasing strategy aimed at luring new “digitally native” brands and meeting the “rapidly evolving” needs of traditional retailers.
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Retail VoiceCan pop-up retail create permanent customers?
Are pop-up shops and concessions on the rise in 2022? Zendesk’s Celine Maher discusses the pros and cons of these temporary retail spaces and how they can be successfully executed.
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DataData: Retail vacancies start to stabilise after year of record highs
After three years of consistently rising rates, which hit record highs in 2021, vacancies are in decline for the first time. Retail Week runs a rule over the numbers to gauge what state retail destinations are in as pandemic conditions recede
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NewsBritish Land and Landsec seek £800m shopping centre swap
UK landlords British Land and Landsec are looking into an £800m asset swap in a bid to revive their respective share prices.
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DataData: Footfall strengthens in February following removal of Covid restrictions
Footfall rose slightly in February compared to January as more workers returned to offices and Covid-19 restrictions came to an end.
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NewsIkea closes Russia stores and halts sourcing from Belarus
Ikea has closed its stores in Russia and parent company Ingka Group has paused all imports and exports in and out of the country and Belarus in response to Russia’s invasion of Ukraine.
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NewsNumber of vacant shops falls for first time since 2018
The overall store vacancy rate across the UK improved in the final quarter of 2021 as the number of vacant stores declined for the first time since the start of 2018.
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NewsFootfall slumps in post-Christmas week despite New Year’s Eve uplift
Footfall to retail destinations slumped in the week following Christmas despite an uptick in traffic on New Year’s Eve.
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NewsLandsec ups stake in Bluewater as retail values and rents stabilise
Institutional landlord Landsec has upped its stake in shopping centre Bluewater and agreed to sell a share to co-owner M&G as Covid continues to stabilise retail values and rents.
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DataData: Weekend footfall slumps as Omicron dampens last-minute Christmas sales
Surging cases of the Omicron variant have hit retail footfall and dampened any hopes of a sales surge on the last weekend before Christmas.
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GalleryIn pictures: Amazon, Lego and Ikea – the top 10 store openings of 2021
Retail Week speaks to a panel of industry experts to determine which executives will be in charge of the UK’s biggest retailers in the next five years.
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GalleryStore gallery: Boohoo opens flagship Debenhams.com beauty fascia in Manchester
Pureplay fashion giant Boohoo has opened its first-ever Debenhams.com beauty store in Manchester’s Arndale shopping centre, having acquired the former department store brand earlier in the year.
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NewsBlack Friday footfall drops on high streets for first time as card transactions soar
The latest Black Friday data shows that while footfall fell on high streets for the first time ever, overall card transactions exceeded pre-pandemic totals.
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NewsBlack Friday spending expected to soar despite fewer deals
Shoppers are set to splurge this Black Friday, with experts predicting this could be the biggest shopping event in the UK yet despite a lack of deals.
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DataData: Footfall recovery in October gives retailers hope for Christmas
Footfall across high streets, retail parks and shopping centres showed an improvement in October, leaving the sector optimistic about a strong start to Black Friday and Christmas.