More property – Page 3
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Data
Data: Retail vacancies start to stabilise after year of record highs
After three years of consistently rising rates, which hit record highs in 2021, vacancies are in decline for the first time. Retail Week runs a rule over the numbers to gauge what state retail destinations are in as pandemic conditions recede
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Opinion
‘Make no mistake – Amazon still has big ambitions in bricks and mortar’
Amazon might be calling time on its bookshops and 4-star stores, but rivals should not be fooled – the etail titan remains hell-bent on making its mark in bricks-and-mortar retail, warns George MacDonald.
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Data
Data: Footfall strengthens in February following removal of Covid restrictions
Footfall rose slightly in February compared to January as more workers returned to offices and Covid-19 restrictions came to an end.
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Interview
Interview: How Ikea’s property arm Ingka Centres is reinventing physical retail
As Ikea’s small-format store in Hammersmith prepares to open its doors next week, Retail Week sits down with Cindy Andersen – boss of the retailer’s sister company and property firm Ingka Centres – to discuss the new concept and how the Covid-19 crisis has reinforced its strategic shift to multi-purpose spaces.
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Data
Data: Weekend footfall slumps as Omicron dampens last-minute Christmas sales
Surging cases of the Omicron variant have hit retail footfall and dampened any hopes of a sales surge on the last weekend before Christmas.
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Analysis
Research: 49% of retailers opening stores on local high streets, 59 CEOs reveal
Half (49%) of retailers opening stores next year plan to do so on local high streets in reaction to the shift to work from home and hybrid working, a new Retail Week report reveals.
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Analysis
Black Friday bounce for bricks and mortar as online sales slow
Stores have emerged as the biggest beneficiary on Black Friday so far as online traffic and sales lag behind last year’s figures.
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Analysis
How retail must go even greener after COP26 commitments
As the world’s leaders came together in Glasgow for COP26, a raft of commitments and deals were made in a bid to limit global warming and stop a climate change catastrophe. Retail Week explores some of the implications for retail’s sectors.
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Data
Data: Golden quarter trading tracker – weekly online and footfall trends
The golden quarter is well underway. Our weekly updates enable you to take the temperature of trading online and in bricks-and-mortar locations week by week during this crucial period.
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Data
Data: Footfall recovery in October gives retailers hope for Christmas
Footfall across high streets, retail parks and shopping centres showed an improvement in October, leaving the sector optimistic about a strong start to Black Friday and Christmas.
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Data
Data: Fashion stores to lose £15bn in sales by 2025
Clothing stores across the UK will lose almost £15bn in sales between now and 2025, according to stark forecasts set out in a new report.
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Data
Data: Store vacancy rates plateau for the first time in three years
No retail locations saw an increase in vacancy rates in the third quarter of 2021 for the first time since 2018, though overall vacancies remain at record highs.
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Analysis
In pictures: What pedestrianisation inspiration can Oxford Street take from the world’s best high streets?
With on-off discussions about making Oxford Street partially or fully pedestrian seemingly endless, Retail Week looks at some of the international locations that have adopted people-first approaches and what it could mean for London’s West End.
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Opinion
‘Business rates – government must now decide whether to be firefighter or arsonist’
The retail industry has been navigating crisis after crisis. Fresh from the pingdemic, the country found itself facing a massive HGV driver shortfall, supply chain problems and wider labour shortages.
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Opinion
Theo Paphitis: ‘Physical vs online is not the conversation any more – next stop, hybrid retailing’
There’s no doubt about it, the world has moved on and as we make it through to the other side there’s a new dawn for retail.
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Data
Data: Footfall rebounds in August as staycations boost shopper numbers
Footfall in August improved by nearly a quarter, while the gap with pre-pandemic levels closed to less than 20% for the first time since the beginning of the crisis.
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Analysis
Analysis: How do CD&R and Fortress’ rival visions for Morrisons compare?
As Clayton, Dubilier & Rice (CD&R) moves into pole position ahead of Fortress to acquire Morrisons, Retail Week compares the competitors’ strategic plans for the grocer.
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Analysis
Analysis: What lessons can be learned from the Westfield Croydon debacle?
After the best part of a decade of promises and planning both Westfield and Hammerson pulled the plug on the planned redevelopment of Croydon’s Whitgift Centre. What does the news mean for the future of the shopping centre and what lessons can be learned from the project’s demise?