All Stores and property articles – Page 96
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NewsBudget: Business rates holiday extended and new recovery grants revealed
Chancellor Rishi Sunak has extended the business rates holiday for a further three months and will offer non-essential retailers new recovery grants of up to £6,000 per store.
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NewsAldi to invest £22m on new and revamped London stores
Discounter Aldi is investing £22m in acquiring new stores and refurbishing existing ones in the Greater London area this year.
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NewsChancellor to extend furlough scheme until September
The chancellor is expected to use today’s Budget to extend the furlough scheme through to the end of September.
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NewsShop prices fall in February as consumers limit spending in lockdown
Shop prices continued to fall in February, reaching the lowest rate of deflation since May 2020.
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NewsHotel Chocolat’s digital offer in strong position ahead of crucial Easter trading
Hotel Chocolat boss Angus Thirlwell says the retailer’s digital push during the pandemic has left it in a much stronger position heading into the crucial Easter trading period than last year.
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AnalysisAnalysis: What’s the best alternative to the broken business rates system?
Everyone seems to agree the UK’s outdated business rates are broken and its many detractors claim the system is crippling hopes of retail recovery post-lockdown. Yet there is less unanimity about finding a fairer alternative, as Mark Faithfull discovers.
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OpinionEbay UK boss Murray Lambell: ‘Online and offline – it isn’t a binary game of winner takes all’
Over the past year, many have tried to pit ecommerce against physical stores. And with the regrettable loss of some big brands from our high streets it’s an easy assumption to make.
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NewsHalfords to repay furlough cash as cycling sales soar
Halfords is set to pay back its furlough payments in full as trading so far this year has been “stronger than initially anticipated across the business”.
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NewsMorrisons extends deal with McColl’s as conversion plans ramp up
Morrisons has extended a wholesale partnership with convenience store group McColl’s, which will convert more of its stores to the Morrisons Daily format.
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NewsAmazon Go to open first UK store this week
Amazon will open its first in a tranche of contactless grocery stores in the UK this week.
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NewsJohn Lewis plots ‘hundreds’ of shop-in-shops inside Waitrose stores
John Lewis plans to launch hundreds of shop-in-shops inside Waitrose stores and is also plotting a smaller “local” format as part of a radical overhaul of its portfolio.
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GalleryStore gallery: Tony’s Chocolonely’s Amsterdam chocolate factory
Dutch confectionery company Tony’s Chocolonely has opened an Amsterdam superstore where customers can create their own chocolate flavours.
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NewsPrimark positive over plans for April 12 reopening with 'worst behind us'
Primark finance boss John Bason has said the retailer believes it is “more than likely” it will reopen stores on April 12.
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DataRanking: The UK’s 50 most vibrant retail locations
Coronavirus has wreaked havoc on the ranking of retail’s most vibrant shopping locations, with a swing away from city centres and towards smaller commuter towns in 2021.
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OpinionErin Brookes: ‘There is no doubt that further retail consolidation is coming’
Green shoots of optimism may be germinating, but it is certain that the last 12 months have left an irreversible imprint on the UK’s retail industry.
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AnalysisRetailers wary of April 12 timeframe for store reopening
Retailers have voiced disappointment that they will not be able to fully open their doors again before April 12 and concerns about the possibility of the post-lockdown timeframe changing again.
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Opinion‘Road to freedom will still be a long journey to retail normality’
The country, and therefore retail, is on a “one-way road to freedom” as prime minister Boris Johnson put it when he unveiled a route out of lockdown.
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NewsNon-essential retail to open on April 12 if Covid conditions met
Non-essential retailers will be allowed to reopen shops in April, alongside gyms, hairdressers and outdoor hospitality, if strict conditions are met, according to plans set out by the prime minister.
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NewsM&S boss Rowe hits out at ‘unbearable’ business rates burden
Marks & Spencer boss Steve Rowe has warned that the “unbearable yoke” of business rates will spark thousands more job losses unless the tax is overhauled by the government.
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NewsJohn Lewis plots further store closures as Covid crisis bites
John Lewis is planning a fresh round of store closures as the impact of the coronavirus crisis on physical retail deepens.