All Stores and property articles – Page 95
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News
New Look CVA faces court challenge by landlords
New Look has entered a High Court battle with retail landlords over its proposed restructuring plans.
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News
Iceland launches Swift convenience format as Thorntons closes all 61 stores
Iceland has lifted the lid on plans to launch a new Swift convenience format as it bids to take a bigger slice of the lucrative food-to-go market.
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Analysis
Five lessons from Christmas retailers must act on to nail peak 2021
Christmas 2020 might have been unique, but it produced learnings that will be crucial for all retailers as they navigate a much-changed market. Here are five key lessons taken from Retail Week’s Christmas 2020: Learnings for the year ahead report that retailers need to act on now to nail peak 2021.
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News
Screwfix set to open 50 new stores this year
Screwfix has announced plans to open 50 new stores across the UK and Ireland in 2021.
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News
Store closures hit record high of 48 per day in 2020
More than 17,500 stores closed in 2020, marking the biggest decline in shop numbers in over a decade.
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Gallery
Store gallery: Primark’s first Chicago store
Primark has opened its first store in Chicago, Illinois, marking the retailer’s debut in the US midwest.
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News
Online sales growth strong in February as clothing sales rise
Online sales growth has stayed strong in February as lockdown shopping habits continued.
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Analysis
Is John Lewis at risk of becoming a ‘middle-class Argos’?
John Lewis Partnership’s first full-year loss in its history revealed the scale of disruption affecting the retailer, particularly its eponymous department store division.
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Data
Transform or die: 1,000 consumers on the future of the high street
The future of UK high streets is at stake as the country emerges from the grips of the pandemic, but it’s important to understand what the consumer wants from it if they are to return in greater numbers. Read Retail Week’s High Street Rebooted report to find out what 1,000 UK consumers said
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Data
Data: Four charts that lay bare Inditex’s ‘challenging’ year
In a tumultuous year for fashion retail, global powerhouse Inditex has been battered by store closures and restrictions. Retail Week examines the key charts that tell the story of the fashion giant’s pandemic performance – and why chief executive Pablo Isla is positive about the future
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News
Commercial evictions ban extended until end of June
The government has extended the commercial evictions moratorium until the end of June, in a move that will bring relief to struggling high street retail and hospitality businesses.
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News
Marks & Spencer to downsize Marble Arch flagship with office redevelopment
Marks & Spencer aims to cut back retail space at its flagship Marble Arch store on Oxford Street in a redevelopment creating offices on upper floors.
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News
Kingfisher rolls out plans for B&Q stores in Middle East
Kingfisher has announced plans to open B&Q franchised stores in the Middle East starting with two in Saudi Arabia.
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Opinion
Ian Middleton: ‘Councils shouldn’t play around with shopping centre investments’
In recent years, local authorities have created something of a commercial property gold rush.
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Opinion
‘Amazon stores are an ally, not an enemy, of town centres’ retail revival’
As once-powerful names such as Debenhams and Topshop exit town centres, there has been an unlikely newcomer to UK bricks-and-mortar retail – Amazon.
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News
Retail sales return to growth but reopening concerns remain
Retail sales returned to growth in February having shrunk in January but the BRC warned that many retailers were worried about getting through to the provisional April 12 reopening date.
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News
Shoe Zone swings to full-year loss as Covid store closures bite
The UK’s largest value shoe retailer Shoe Zone has reported a loss for the year as the effects of the ongoing coronavirus pandemic begin to bite.
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Video
Watch: First visit to the new Amazon Fresh cashierless store
Retail Week visits the new “just walk out” cashierless Amazon Fresh convenience store in Ealing, West London on the day it opens to customers. Is it going to revolutionise grocery in the UK, or will it only ever be something of a fad?
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Gallery
Store gallery: Amazon unveils first UK store in fresh assault on grocery sector
Amazon has unveiled its new format convenience grocery store in London today, Amazon Fresh, which marks the online giant’s first foray into bricks-and-mortar retail outside of the US.
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News
Sainsbury’s to slash 500 head office roles and close distribution centre
Sainsbury’s is set to cut 500 roles at its London head office and close one of its London fulfilment centres in a bid to reinvest in its new ‘food first’ agenda.