All Stores and property articles – Page 119
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News
Victoria’s Secret takes axe to store estate
US lingerie giant Victoria’s Secret is to shut a quarter of its stores in its home market of North America following the collapse of sales hopes.
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Opinion
Opinion: JC Penney is a cautionary tale of how not to run a retailer
JC Penney has been a staple of the US retail landscape for as long as most Americans can remember.
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Analysis
Seven tech innovations to help run stores in a post-coronavirus world
While store reopenings are set for June 15, retailers are aware that it will not be business as usual. In order to prepare retail spaces to be both safe and efficient, here are some new technologies retailers could use to bolster their reopening plans.
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Opinion
Opinion: Now is the time for retailers to get to grips with data
Following the recently announced changes to the lockdown, retailers are busy preparing for a new normal.
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Analysis
Analysis: The steps retailers need to take before reopening stores
Non-essential retailers are gearing up to reopen stores in two weeks’ time. What action should they be taking to make sure staff and customers are safe?
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Opinion
Dispatch: Is Italian retail ready to emerge from lockdown?
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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News
Less than half of UK consumers comfortable with returning to stores
Fewer than half of UK adults would be comfortable returning to retail environments, even with social distancing measures in place, due to the coronavirus pandemic, exclusive research for Retail Week has found.
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Retail Voice
How retailers can prepare for the new normal post Covid-19
As government directives are gradually relaxed, essential and non-essential retailers require flexibility to quickly adapt, implement and communicate ongoing safety measures says OKI Europe’s head of vertical solutions, Javier Lopez.
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Opinion
Opinion: Oxford Street needs post-pandemic retail reinvention
It’s the UK’s premier urban shopping destination, but London’s Oxford Street will need a lot of TLC to recover from the impact of the coronavirus outbreak.
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News
Marks & Spencer to start reopening cafes
Marks & Spencer is to reopen 49 in-store cafes from tomorrow, serving takeaway hot drinks only.
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News
Morrisons introduces ‘speedy shopping’ to cut down on queueing times
Morrisons has introduced a new ‘speedy shopping’ system for customers looking to make smaller basket purchases in a bid to reduce queuing times outside its supermarkets.
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News
Coronavirus: Dobbies to reopen UK garden centres
Garden centre operator Dobbies will reopen its 54-strong UK store estate from tomorrow with social distancing measures in place.
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News
Chancellor extends furlough job retention scheme until end of October
Chancellor Rishi Sunak has extended the furlough job retention scheme until the end of October but said the government wants employers to contribute more.
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News
Landsec reveals hole in portfolio and warns of lengthy recovery
Institutional landlord Landsec has revealed a near £1.2bn hole in its property portfolio and warned that it does not expect the economy to recover to pre-coronavirus levels until 2022 at the earliest.
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News
Kingfisher sales hammered by coronavirus store closures
Kingfisher has seen sales during the first quarter of the year take a hammering from the coronavirus forced closure of its store estate.
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Retail Voice
Disruption is here to stay – are retailers ready?
With the industry adjusting to the new normal, Diebold Nixdorf believes there are four ways retailers will need to continue to adapt post-pandemic
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Opinion
Dispatch: How Spain’s El Corte Inglés is preparing for life after lockdown
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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Analysis
Need to know: What the government’s Covid-19 recovery plan means for retail
Following Boris Johnson’s address to the nation last night, the government has today published guidance on how the UK might move out of lockdown assuming the pandemic is kept under control.
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News
Primark’s European reopenings buoyed by bigger basket sizes
Primark has been permitted to reopen its stores in Austria and the Netherlands, giving the bricks-and-mortar retailer a boost. The reopened stores have also demonstrated what customer behaviours might be when the UK restrictions are lifted.
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Data
Data: What search trends reveal about shopping in lockdown
As the retail industry edges slowly towards the resumption of business, online search data shows UK search habits have dramatically changed since the lockdown began. As well as seeking out essential goods, consumers have made the most of forced time at home to take up new hobbies and DIY projects.