All Stores and property articles – Page 123
-
AnalysisFour must-see graphs from Next reveal lockdown trading pattern
Fashion giant Next’s latest update showed “a much better position than anticipated three months ago”. These graphs eloquently tell the story of how performance has played out and the impact of store reopenings.
-
NewsJuly shop prices fall as retail tries to lure shoppers back to high street
Shop prices have fallen for the fourteenth consecutive month, as retailers take to discounting to tempt customers back to stores.
-
NewsMajestic toasts surge in sales and eyes new store openings
Majestic Wine has toasted a surge in sales during lockdown and lifted the lid on its growth plans, including new store openings.
-
AnalysisAnalysis: Will mandatory face masks muzzle retail’s recovery?
Last Friday the government made face coverings mandatory for the public in all retail stores. Retail Week analyses what effect this will have on consumer confidence and economic recovery.
-
AnalysisWeek six of trading post-lockdown – what you need to know
Footfall levels continued to inch up last week, despite the introduction of mandatory face masks and unseasonably wet weather over the weekend in England.
-
NewsSainsbury’s trials virtual queuing system in tie-up with Ufirst
Sainsbury’s is testing a new virtual queuing system and accelerating the rollout of checkout-less shopping as it ramps up its response to the coronavirus pandemic.
-
NewsRetail sales rise in June, ONS reports
Retail sales by value rose year on year and month on month in June as online stores continued to perform strongly.
-
NewsFrasers Group hits out at business rates revaluation delay
Mike Ashley’s Frasers Group has hit out at the government, saying it looks on with “anguish and bewilderment” at its decision to delay the next business rates revaluation until 2023.
-
Opinion‘Retail can ill afford another business rates review that fizzles out’
As night follows day, the beginning of another financial year also brings another government review into business rates reform. However, with the sector reeling from the coronavirus, this latest call for evidence gives reasons for optimism.
-
NewsMatalan crashes to first-quarter loss as lockdown hits bottom line
Matalan has tumbled into the red on its first-quarter result as boss Jason Hargreaves described coronavirus as “the biggest challenge ever faced by the sector”.
-
NewsWeek five of trading post-lockdown – the data you need to know
While footfall increased for the fifth straight week since non-essential stores were allowed to reopen, the level of increase appears to be tapering off and is still well short of normal levels.
-
NewsMarks & Spencer axes 950 jobs as it ‘accelerates transformation’
Marks & Spencer is to cut almost 1,000 jobs as it reshapes operations through the ‘Never the Same Again’ programme unveiled as the coronavirus pandemic hit.
-
AnalysisGoodbye Piccadilly, farewell Leicester Square: Where are retail’s new property hotspots?
People are travelling less, working from home more and less inclined to congregate in busy public spaces – will this change where retailers want to open stores?
-
NewsIntu slashes head office roles as future of centres hangs in the balance
Embattled landlord Intu has slashed jobs at both its London head office and one of its subsidiary property companies after collapsing into administration earlier this month.
-
NewsPoundland to launch online delivery as part of ‘biggest ever transformation’
Value retailer Poundland is set to launch its first-ever online delivery service and revamp its store estate as part of a new transformation programme.
-
VideoFace time: Mercato Metropolitano founder Andrea Rasca on surviving lockdown
Mercato Metropolitano founder Andrea Rasca discusses how his business’ connection to community saved it from going under during lockdown and how to make social distancing work on the high street.
-
Opinion‘Retailers must seize Covid opportunity to radically restructure’
The need to transform to keep pace with consumer demands and habits is a never-ending narrative in UK retail.
-
Analysis
Analysis: How Dixons Carphone’s new model will supercharge bricks and clicks
Dixons Carphone was set to fulfil its promises before coronavirus struck and chief executive Alex Baldock remains certain the retailer is on the right track as it builds an omnichannel proposition.
-
AnalysisAnalysis: Will face masks undermine shopper sentiment or inspire confidence?
After a weekend of back and forth and contradictory messaging, today finally brought clarity about whether face masks must be worn by shoppers in stores.
-
NewsHalfords to shut up to 60 stores despite surge in bike sales
Halfords has earmarked 60 of its stores for closures, accelerating its rate of planned closures following the coronavirus pandemic.
