All Property articles – Page 5
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News
House of Fraser fury over Oxford Street closure
House of Fraser owner Frasers Group has reacted angrily after its flagship Oxford Street store was served notice to quit the premises.
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News
Amazon eyes hundreds of UK c-stores to rival Tesco, Sainsbury’s and Co-op
Amazon has thrown down the gauntlet to Tesco, Sainsbury’s and the Co-op with aggressive plans to launch 260 convenience stores across the UK.
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News
House of Fraser flagship on Oxford Street to be converted to offices
The famous House of Fraser store on London’s Oxford Street is to become an office-led, mixed-use premises.
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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: 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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News
Sunak unveils £7bn reduction in business rates but refuses to scrap system
Chancellor Rishi Sunak has unveiled a raft of measures to reduce business rates but stopped short of fundamentally overhauling the system.
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News
UK could run out of warehouse space within a year, experts warn
The UK could run out of warehouse space within a year after the surge in online shopping and supply chain disruption during the Covid-19 pandemic sparked a boom in demand.
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News
Hammerson to end rent support for retailers as footfall returns
Shopping centre operator Hammerson has said it will focus on collecting rent arrears from tenants now that footfall has picked up.
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News
Selfridges’ owners in talks with Qatar about potential £4bn sale
Selfridges’ owners the Weston family are reportedly in talks with Qatar about a potential takeover of the iconic department store chain.
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Retail Voice
Four ways to unlock global growth
The ability to sell abroad has served as a lifeline for many retail businesses during the coronavirus pandemic.
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News
Tesco raises guidance following 'strong' sales and profit surge
Tesco has raised its full-year profit expectations as boss Ken Murphy said the grocer is “outperforming the market” amid a sales uplift and profit spike.
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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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Gallery
Store gallery: Johnnie Walker Princes Street flagship opens in Edinburgh
Diageo’s multimillion-pound Johnnie Walker visitor attraction opens its doors to the public today on Edinburgh’s Princes Street.
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Gallery
Electric go-karts, arts fairs and whisky tours: Six innovative uses for empty department stores
The department store format has suffered badly over the last five years, with the vast majority of stores which have closed still standing empty. Retail Week looks at six innovative uses of former department store space both from the UK and internationally.
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News
Super shed numbers surge across UK as online boom sparks expansion
The shift to online shopping during lockdown has driven an explosion in demand for warehouse space, with 15 million sq ft of ‘super sheds’ built across the UK in 2020.
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News
Department store numbers plunge 83% since collapse of BHS
More than 80% of the UK’s department stores have been lost since the demise of BHS and many former branches still lie empty.