All High street & town centre articles – Page 24
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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.
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Opinion
Opinion: Together we can solve retail property's conundrums
I’m now about halfway through my tenure as Revo president and what a time to be at the beating heart of the retail property industry.
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News
Matalan profits rise despite 'tough climate'
Matalan has posted an uptick in full-year profit before tax and total sales that boss Jason Hargreaves attributed to “sales, margin, and cost management performance”.
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News
Amazon launches 'Clicks and Mortar' pop-up shops
Amazon is opening 10 pop-up stores across the UK to champion the products of more than 100 of its small business partners.
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Video
Watch: As Boots mulls closures, is there still value in shops?
As Boots reviews the future of more than 200 of its shops, the Retail Week team debate whether there is still value in operating large store estates.
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News
John Lewis ploughs £21m into Peterborough refurb
John Lewis & Partners is investing £21m in refurbishing its Peterborough store in the Queensgate shopping centre.
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Opinion
Opinion: How retailers and landlords can restore faith in CVAs
With Arcadia Group becoming the latest high street retailer to pursue a CVA to close stores and slash rents, retail landlords are increasingly reaching the end of their tether. British Property Federation boss Melanie Leech outlines how the gulf between retailers and landlords can be closed
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Analysis
Analysis: How M&S is getting back to shopkeeping
Marks & Spencer has reported a fall in full-year profits and sales as it presses on with its transformation plan.
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News
M&S full-year profits fall as sales decline
Marks & Spencer has recorded a fall in its preliminary pre-tax profits, but boss Steve Rowe heralded “green shoots” in the department store’s ongoing transformation plan.
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News
Pets At Home full-year profits rise 'faster than anticipated'
Pets At Home has posted an increase in sales and profits in its preliminary results as boss Peter Pritchard described the business as “trading strongly and taking share across the pet market”.
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Analysis
The Works boss: 'There's never been a better time to open stores'
As the high street continues to struggle, stores up and down the country close every day and retailers launch CVAs, one retail boss maintains ‘there’s never been a better time to open stores’
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News
Vacancy rates at highest level for four years as footfall declines
National town vacancy rates were at their highest in four years, as high street footfall declined again, according to new figures from the BRC.
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Analysis
Analysis: Is Mike Ashley remodelling the economics of the high street?
Sports Direct tycoon Mike Ashley is one of the retail industry’s great disruptors, but are his hardball tactics for renegotiating rents at his many chains remodelling the economics of high street retail?
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News
N Brown profits edge up despite sales decline
N Brown has posted an uptick in full-year profits despite a decline in sales as boss Steve Johnson said a refocus of the group’s strategy is “now required”.
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Analysis
In numbers: How Mike Ashley took over the high street
The number of retailers that Sports Direct founder Mike Ashley has acquired or invested in has surged 52.5% since 2015.
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News
Laura Ashley issues second profit warning this year
Laura Ashley has issued its second profit warning this year after cautioning full-year profits would come in “significantly below market expectations.”
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News
H&M shares suppliers' details on new 'transparency tags'
H&M has launched a ‘transparency layer’ tag that shares all of a product’s details to enable fashion-lovers to make more informed choices when buying.
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News
High street benefits as Easter sun draws shoppers
Retail footfall climbed over the Easter holiday when shoppers hit the high street as the sun shone.
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Retail Voice
How to reboot dying high streets
It is pretty clear that UK high streets in their current traditional form are dying.
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News
Climate change protests cost West End retailers £12m
The ongoing Extinction Rebellion climate change protests in London have cost the city’s retailers £12m over the last two days, according to the New West End Group.