All High street & town centre articles – Page 2
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InterviewQ&A: Amex on payment innovation, driving conversion, and meeting younger consumers’ demands
In this exclusive Q&A, Amex general manager of Global Merchant Services Dan Edelman reflects on how to appeal to Millennials and Gen Z, the importance of personalisation in retail, and the future payment innovations set to attract consumers in the years ahead.
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NewsClaire’s snapped up by Modella Capital
Embattled fashion accessories retailer Claire’s has been bought out of administration by Modella Capital, which owns retailers TG Jones, Hobbycraft and the Original Factory Shop.
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NewsGovernment unveils £5bn high streets investment boost
The government has unveiled plans to invest up to £5bn for over 300 high streets across the UK, as part of its new ‘Pride in Place’ programme.
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NewsWestfield launches Allders Parade in former historic department store
Westfield owner Unibail-Rodamco-Westfield (URW) is poised to open the doors to a new retail development inside the historic Allders department store in Croydon this week.
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NewsSir Sadiq Khan begins fight to “rescue Oxford Street”
Mayor of London Sir Sadiq Khan spoke to attendees of the ‘This is Oxford Street’ event on Sunday, where traffic was banned from accessing a stretch of the road ahead of pedestrianisation plans.
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FeatureTrimming fat or cutting muscle? How retailers can preserve their brand story in an era of cost-cutting
In the early 1990s, as sky-high interest rates, falling house prices, and an overvalued exchange rate sent the economy into a tailspin, McDonald’s famously slashed its brand marketing budget in a bid to cut costs. Just as famously, it lived to regret that decision.
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AnalysisPret boss gambles on back to the future plan to take on the supermarkets
After enduring a mixed few years post-Covid, today Pret plunged to a £553m loss after it booked a substantial write-down by its owner. Its boss has outlined plans to build the business back.
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NewsUK retail footfall declines for fourth month in a row
Retail footfall in the UK has declined for a fourth consecutive month, after customers neglected to shop at retail parks and shopping centres.
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NewsOxford Street to be traffic-free for a day ahead of pedestrianisation plans
Buses and taxis are to be banned from Oxford Street for a traffic-free day ahead of the London Mayor’s plans to introduce permanent pedestrianisation.
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InterviewQ&A: Specsavers MD Carina Hummel on disruptive brands and future of the high street
Specsavers’ new managing director of UK/ROI optics speaks to Retail Week about the brand’s most important strategic priorities, how she plans to win new customers and what she thinks is in store for the future of the UK’s high streets
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NewsConsumer confidence ‘in the doldrums’
Consumer expectations are showing signs of stagnation, according to the British Retail Consortium.
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NewsTopshop to return to UK high street with Liberty
Topshop has confirmed the identity of its first UK stockist in a social media video showing the façade of iconic London department store Liberty.
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NewsJoJo Maman Bébé launches pre-loved clothing platform
British B-corp maternity wear and baby clothes retailer JoJo Maman Bébé has launched its first takeback scheme today, JoJo Reloved, to contribute to circular fashion and reduce waste.
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AnalysisMad for it: How Oasis’ reunion has delivered a £1bn boost for the high street
Oasis’ long-awaited reunion tour has been a golden boost for the UK’s otherwise struggling high streets and city centres. Retail Week crunches the numbers to see how the band has boosted footfall and spend.
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NewsRiver Island secures lifeline after High Court approves restructuring plan
River Island has successfully secured High Court approval for its restructuring plan, providing a crucial lifeline for the embattled chain as it works to transform its business model.
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InterviewTheo Paphitis: I’ve owned Ryman for 30 years, and this is what I’ve learned
Three decades ago, entrepreneur Theo Paphitis bought stationer Ryman out of administration. He built the business up and became one of the UK’s most recognisable businesspeople, but Covid almost killed Ryman.
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AnalysisDuck World: Meet the little retailer dealing with the sector’s biggest problems
On a self-appointed mission to spread joy, Duck World co-founder Irina Fedotova is instead left dealing with surging crime and costs threatening to clip her growing business’ wings
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Opinion‘It’s time we faced into the reality that people don’t want as much new stuff any more’
Consumers are rethinking what – and how much – they need across all retail categories. OC&C’s Matt Coode suggests ways that retailers might profitably respond to an enduring change in shopping behaviour
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FeatureCotswolds Designer Outlet: The new retail destination aiming to be accessible to everyone
A brand new designer outlet has opened in the English countryside in what has been described as the “only major retail destination opening in the UK in 2025”. Retail Week was the first to visit the Cotswolds Designer Outlet shortly after its launch to discover what it has to offer shoppers.
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NewsHigh street sales flatline as inflation leaves consumers ‘under huge pressure’
Bricks-and-mortar retail sales were nearly flat in July, as growing inflation and other pressures left consumers with very little disposable income.