All Stores and property articles – Page 104
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News
Stores might never reopen if lockdown extended, retail bosses warn
More than 60 high street bosses have signed a letter calling for the lockdown in England to not be extended beyond December 2.
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Opinion
Julian Richer: ‘Questioning Sunak’s rates decision is not selling out retail’
Following Retail Week’s recent article about retailers squabbling like “cats in a bag”, I felt the need to write after some comments I made at the recent Confederation of British Industry (CBI) conference may have been misunderstood.
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Analysis
Why WHSmith boss Cowling sees ‘big opportunity’ from the pandemic
After a bruising year for both the high street and travel hubs amid the coronavirus pandemic, WHSmith suffered losses of £69m in the 12 months to August 31, compared with £155m profit last year.
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Gallery
Store gallery: Inside Sainsbury’s new ‘neighbourhood hub’ format
Sainsbury’s is ramping up plans to roll out its larger ‘neighbourhood hub’ convenience store format.
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News
UK retail chairs predict hiring freezes, redundancies and more store closures
Chairs from across UK retail have warned of hiring freezes, staff reductions and store closures over the coming months amid the ongoing fallout from the coronavirus pandemic.
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Opinion
Four ways to better merge physical and digital: lessons from global retail
How can retailers better merge the physical and digital worlds? Nicki Sprinz, managing director of digital experience agency ustwo, shares examples from around the world.
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News
Live updates: Tracking retailers’ response to lockdown 2.0
Retailers and brands are reacting to the challenges posed by the winter lockdown in England and restrictions across the UK. Retail Week tracks the response of businesses, as they happen. Last updated on November 20.
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Analysis
Analysis: Vaccine joy sparks share price snakes and ladders
Welcome news of a coronavirus vaccine has sparked a stock market shift as investors rushed to buy and sell shares. Big-name retail and other consumer stocks shunned during the pandemic were back in fashion, while lockdown stars took a hit.
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News
Supermarkets lobby to extend pre-Christmas Sunday trading hours
Supermarket bosses have launched a bid to extend Sunday trading hours in the lead up to Christmas.
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Data
Ranking: Top 30 growth retailers led by Gymshark, Boohoo and Farfetch
Dominated by etailers, our latest Top 30 Growth Retailers ranking is critical reading in the run-up to Christmas as shoppers increasingly migrate online.
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Analysis
Black Friday 2020 deal tracker: What promotions retailers are running
Deals are already under way for Black Friday 2020, which is predicted to be a bumper event for online retailers. Retail Week tracks the promotions being run by the UK’s biggest retailers this year.
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News
Waitrose dials up focus on food counters following Sainsbury’s closures
Waitrose has revealed plans to increase its focus on food service counters just days after rival Sainsbury’s closed all of its equivalent meat, fish and deli areas.
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News
Landsec signals further fall in rents likely
Landsec, the retail property group, expects shopping centre rents to fall because of the impact of the Covid pandemic and an “ongoing structural shift to a lower rent model”.
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Opinion
‘Retailers must be smarter than ever to pass Black Friday demand test’
With ecommerce sales already at a record high, the anticipated spike in online orders expected over the Black Friday and Cyber Monday period will put even greater strain on retailers and logistics providers alike.
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Opinion
‘As lockdown bites, retailers can’t afford to squabble like cats in a bag’
As the retail industry labours under the restrictions of a second lockdown, some are adopting a beggar-thy-neighbour attitude that is in the interests of nobody.
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Data
Coronavirus Consumer Pulse: Web traffic spikes ahead of second lockdown
Amid the coronavirus crisis, it has arguably never been more important, nor more difficult, for retailers to understand their customers.
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News
John Lewis leads calls for clarity on Christmas reopening
John Lewis has urged the government to provide clarity urgently about whether stores can reopen in December when the latest lockdown in England is scheduled to end.
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News
Retail rages over government store closure guidance
Retailers have been left angry and confused by the government’s handling of second lockdown store closures, after its guidance on mixed essential and non-essential retail was published late.
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News
Entertainer boss’ fury at Westfield rent demand as lockdown begins
The Entertainer founder Gary Grant has reacted with anger and disbelief after lawyers acting on behalf of Westfield shopping centres demanded outstanding rent as his stores shut for the second lockdown.
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Opinion
Move of the Week: Tom Athron is a great match for Fortnum & Mason
It’s no great surprise to see Tom Athron assume his first chief executive position at Fortnum & Mason. If anything, the surprise is that it hasn’t happened sooner.