All High street & town centre articles – Page 23
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Analysis
Analysis: How the St James centre will realign Edinburgh retail
The developers behind the new Edinburgh St James shopping centre believe that once completed, the scheme will put the city’s retail offering on the world stage. Retail Week explores how the scheme is playing a part in a wider realignment of the city’s traditional retail hubs.
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News
Government gives high street fund pre-election boost
Boris Johnson’s government has increased the pot of cash available to struggling regional high streets to £1bn, pledging to pump money into 100 towns across the UK ahead of a possible election.
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Opinion
Opinion: Retail property owners need to fix their trust issue
There were many reasons for the 2008 financial crisis. Blame is often laid at the door of the subprime crises in the USA. But look deeper and some point to Bill Clinton repealing the Glass Steagal Act, which in turn, it is suggested, was a response to a lack of meaningful wage growth in middle America.
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Opinion
Opinion: Retail job losses are devastating for all of society
Sometimes August is seen as a quiet month in retail – not much happens and very few announcements are made.
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News
Intu to trial ‘direct retailing’ at Broadmarsh shopping centre
Institutional landlord Intu has launched a ‘direct retailing’ trial at its Broadmash site as part of its new strategy to revamp its flagging shopping centre portfolio.
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Analysis
Analysis: Seven ways retail is going back to the future
Retail is undergoing a technological revolution with AI, VR, robots and blockchain being trialled and tested throughout the industry. But retailers are increasingly revisiting old-school shopkeeping tactics to win customers and increase sales. Retail Week looks at seven ways that retailers are going back to the future.
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News
Demand for retail property in London plummets
Demand for retail property in London is approaching lows last seen after the 2008 financial crash, according to new research.
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News
BRC calls for ‘high street rethink’ as retail employment falls
The British Retail Consortium has called on the new prime minister to “rethink the high street strategy” as retail jobs decline across the country.
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News
CBI and BRC welcome Johnson but warn of challenges
The Confederation of British Industry and British Retail Consortium have welcomed the appointment of Boris Johnson as the new prime minister but warned of the issues facing business and retail more widely.
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Opinion
Opinion: Token gestures cost less than rent and rates reform
Last year’s announcement of yet another high street taskforce had me channelling the cultural icon that is Brenda from Bristol as I shouted across the office “What, another one??!!”.
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News
Almost one in six high street shops lie empty
The shop vacancy rate in the UK stands at 15.9%, according to figures released by local councils to restructuring specialist Duff & Phelps.
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Analysis
Retail property 2030: fewer shops, cheaper rents, indie anchors
As declining footfall, spiralling business rates and the ongoing penetration of ecommerce lead to a perfect storm for the shop, Retail Week looks at what the future holds for retail property.
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News
UK retailers suffer ‘summer slump’ as footfall falls in June
UK retailers suffered a tough start to summer, as footfall dropped across high streets and shopping centres, though retail parks saw a marginal uptick.
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Analysis
Analysis: What will the new prime minister mean for retail?
As the battle to become the next prime minister nears its conclusion, Retail Week investigates the impact a Boris Johnson or Jeremy Hunt premiership would have on retail.
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Opinion
Move of the Week: ‘Beating heart’ of Pret A Manger steps down
It will very soon be the end of an era at Pret A Manger, following the news that Clive Schlee will step down as chief executive at the end of September after 16 years leading the business.
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Retail Voice
Retailers must prioritise the in-store experience
To survive on today’s high street, retailers must transform their stores into immersive shopping destinations
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Cartoon
Retail cartoon: Have a butcher's at the future high street
Patrick Blower’s take on Sainsbury’s opening a meat-free butcher in east London – and what free-from stores might come next.
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News
Sports Direct opts for town centre with freehold acquisition
Sports Direct has acquired the freehold of a former TJ Hughes building in a town centre, relocating from a nearby out-of-town retail park in the process.
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Analysis
Analysis: How technology can save the high street
Hard times on the high street have been thrown into stark relief in the wake of news that Boots may close as many as 200 stores, while a CVA at Arcadia will result in about 50 closures.
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News
UK retailers suffer worst May in six years as footfall plummets
UK retailers suffered the steepest level of monthly footfall decline in six years during May, according to the latest figures from the British Retail Consortium.