All Stores and property articles – Page 109
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Analysis
The Big Question: Do fashion retailers need stores any more?
As online-only businesses such as Boohoo and Asos snap up struggling fashion players who have suffered tumbling store sales during the pandemic, Retail Week asks whether fashion still needs a bricks-and-mortar footprint in 2021.
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Opinion
Lisa Hooker: ‘Long live the store – but it needs to evolve’
It’s a familiar and frightful story: the once-beloved UK high street is in terminal decline. The perfect storm of a global pandemic, online shopping and crippling rents and business rates is set to usher in the end of the physical store.
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Retail Voice
How to empower consumers with frictionless self-service journeys
Retailers today face many challenges. Consumption patterns have changed – and keep on changing – and Covid has only expedited this change process.
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News
BRC urges government action as store vacancies soar
The British Retail Consortium (BRC) has urged the government to extend the business rates holiday beyond April to avoid more high street damage after vacancy rates soared at the end of 2020.
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News
Lidl boss: The costs of going online just don’t add up
Lidl GB boss Christian Härtnagel has ruled out wading into the burgeoning online grocery market as he believes the pandemic has artificially inflated demand and the costs are too high.
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News
Landmark Jenners store to close after landlord row
Edinburgh department store Jenners, owned by Mike Ashley’s Frasers Group, is to shut after almost two centuries of trading.
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Retail Voice
Why store footfall control should be a top priority
With managing store footfall more important than ever before, Adam Presdee, service director at GEZE UK, explains how technology can help retailers keep both shoppers and staff safe.
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Analysis
Boohoo boss: How we will make Debenhams a force to be reckoned with
In news that took the sector by surprise, Boohoo has acquired the intellectual property assets of struggling department store Debenhams for £55m – but what does the fashion etailer plan to do with the business?
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Opinion
‘Asos and Boohoo swoops for Topshop and Debs are changing of the guard’
If proof were needed of the scale of change underway in retail, it came this week as pureplays Asos and Boohoo swooped on two of retail’s most venerable high street names.
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Data
Data: The full impact of Covid-19 on retail footfall in 2020
Springboard has published its annual footfall review for 2020 and the figures drive home the catastrophic effect coronavirus had on all retail venues.
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News
Asos could retain Topshop flagship if Arcadia deal goes ahead
Online retailer Asos, which is in exclusive talks to buy Arcadia brands, is interested in retaining the flagship Topshop store on Oxford Street.
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Analysis
Strategic report: Lessons from Christmas 2020 to help you win in the year ahead
Lockdown, store closures and bans on large gatherings created what Marks & Spencer boss Steve Rowe termed ”near impossible trading conditions” this golden quarter. Retail Week’s latest report pulls out the trends from this very different Christmas and lessons to help you trade through the most volatile trading conditions ever experienced.
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Opinion
Jace Tyrrell: ‘Oxford Street will recover, but it needs to evolve to prosper’
Reports of the death of Oxford Street, and the UK high street more generally, have been greatly exaggerated. But to ensure its future, the district must look to diversify its retail offering in order to truly thrive.
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Data
Data: The 30 happiest places to work in UK retail
Hackett London, Browns and Moonpig have the happiest workforces of any retailer in the UK, new data has revealed.
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News
Waterstones boss warns store closures loom without further rates relief
Waterstones boss James Daunt has warned that without either an extension to the business rates holiday or other reforms before April, he could be forced to close stores.
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News
Next pulls out of race to acquire Topshop
Next has withdrawn from the bidding process to acquire Arcadia’s Topshop brand, despite previously being pinned as the frontrunner to snap up the fashion retailer.
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Opinion
Helen Dickinson: ‘Leaders owe their people wellbeing, safety and development’
There are around 3 million people who work in retail. It has always been a people business and people are the lifeblood of our industry.
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News
Vaccine promises do little to boost consumer confidence
Consumer confidence dropped at the beginning of the year, despite promises that the vaccine would bring life back to normal.
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Gallery
In pictures: Pets at Home’s London concept stores
Pets at Home has opened two new smaller concept stores in London, in the hopes of a further rollout within the M25 in the near future.
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Analysis
Will more retailers ditch Oxford Street?
While the famous shopping destination was already facing headwinds, the coronavirus crisis has been a perfect storm for Oxford Street. The question is whether retailers will hang around to pick up the pieces or abandon it altogether.