All Stores and property articles – Page 116
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NewsWickes owner Travis Perkins to slash jobs and close stores
Wickes owner Travis Perkins is set to slash 2,500 UK jobs and close 165 stores across its various brands due to weaker than expected demand for building materials due to the ongoing coronavirus pandemic.
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NewsGreggs to reopen 800 stores as coronavirus spurs strategic changes
High street baking giant Greggs is set to reopen 800 of its stores for takeaway later this week, as it stalls on new store openings and discusses moves to monthly rent payments.
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OpinionOpinion: Reimagining retail for post-pandemic world
Change has been forced upon us – both good and bad – and we have yet to determine how much will stick. Understanding which consumer trends will prevail is critical to future investment decision-making and building competitive advantage.
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NewsIn pictures: Primark and Sports Direct drive footfall as non-essential retail reopens
Retail destinations across England saw footfall numbers soar on the day that non-essential retailers were allowed to reopen stores, with queues forming for the likes of Primark, H&M and Zara.
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NewsH&M sales halved during lockdown as retailer eyes reopening recovery
H&M’s sales collapsed by more than a half in the three months to May 31, but they have started to improve during the first two weeks of June as more of its international store estate reopens.
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OpinionDispatch: How Brazilian retail has innovated at the height of Covid-19
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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NewsPrimark to reopen all 153 English stores on Monday
High street giant Primark has confirmed it will reopen all 153 of its stores in England on Monday with “rigorous health and safety measures” in place.
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AnalysisAnalysis: What high street will emerge from the pandemic?
Already under enormous pressure before the arrival of the coronavirus pandemic, the high street has taken another battering. What will it look like as the crisis subsides?
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NewsUK economy suffers worst-ever slump during coronavirus lockdown
The UK economy suffered its worst-ever collapse during April as the coronavirus lockdown wiped out a fifth of GDP.
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OpinionOpinion: How social distancing can be ‘baked in’ to new store designs
One-way systems, hygiene stations, duct tape on the floor. All of this adds up to just one thing – retailers doing what they can to make their stores safer places for those choosing to frequent them.
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OpinionOpinion: Retail leaders need to think big post-lockdown
When non-essential stores reopen their doors from Monday, almost three months will have passed since the UK went into lockdown.
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AnalysisAnalysis: What Inditex’s strategy tells us about the future of fashion
Inditex has unveiled plans to better integrate its online and offline propositions, invest in larger flagship stores and harness RFID technology within its new ‘in-store mode’ app. But what do such plans tell us about the direction of travel in fashion retail?
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VideoFace time: John Lewis ops chief Andrew Murphy on post-lockdown stores comeback
John Lewis Partnership executive director of operations Andrew Murphy talks to Retail Week about store reopening plans, the retailer’s ‘customer-led’ post-pandemic strategy and the ‘exciting opportunity to reshape the business’ in future.
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OpinionOpinion: Monsoon and Quiz pre-packs punish staff for management mistakes
The pre-pack administrations unveiled by Monsoon Accessorize and Quiz this morning were certainly portrayed as good news for the businesses and their respective workforces.
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NewsMonsoon and Accessorize bought out of administration by founder
Peter Simon has bought Monsoon and Accessorize out of administration with cash from a new holding company in a bid to “rescue a significant number of stores”.
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NewsQuiz property arm slips into administration as it eyes store portfolio restructure
Struggling fashion brand Quiz has said it will seek to appoint administrators to its wholly owned subsidiary in a bid to restructure its failing retail store portfolio.
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NewsSegro completes fundraising as it eyes bigger piece of online shopping boom
UK warehousing group Segro has raised £680m from a new share placing to fund the acquisition of new online distribution facilities.
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OpinionOpinion: Time for a reset of retail rent and rates
In 2015 I closed the last of my stores due to spiralling property costs. There’s not a day since that I haven’t missed them.
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AnalysisThe Big Question: Should social distancing be reduced to one metre?
The government is being urged to relax the two-metre rule on social distancing ahead of shops reopening on June 15. As scientists debate whether or not a change would be safe, industry experts offer their views.
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OpinionThe Secret Landlord: Retailers want to have their cake and eat it too
After years in the driving seat, the tide has turned on landlords and retailers have the whip hand. However, occupiers must remember that they need landlords too.