All Stores and property articles – Page 128
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NewsZara owner Inditex reports sales above pre-pandemic levels
Fashion giant Inditex, owner of retailers including Zara, has reported strong quarterly sales growth and revenues have subsequently been ahead of pre-pandemic levels.
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Opinion‘After unprecedented times, we need some fresh ideas about retail property’
I’m not often given to quote from the Bible, but the phrase “there’s nothing new under the sun” is hard to avoid when considering some of the approaches to post-lockdown retail right now.
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GalleryStore gallery: Decathlon’s new high street store puts sustainability first
Decathlon has opened a new smaller-format store in the heart of Bromley’s town centre.
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AnalysisAnalysis: Lush and Watches of Switzerland on nailing international expansion
‘Non-essential’ UK retailers have had a bruising year and many of those that have proved most resilient have relied on international markets to bolster growth in 2020. Should more businesses look to do the same in 2021 and beyond?
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NewsData: Retail sales grow at strongest rate since Covid crisis hit
Retail sales grew in May at their strongest rate since the coronavirus pandemic hit the UK last March as the reopening of hospitality venues boosted footfall and spend.
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Opinion‘G7 tech tax deal won’t do much for hard-pressed retailers’
The Treasury has hailed the new G7 agreement for a minimum level of corporate tax announced on Saturday as ‘seismic’, yet it’s not as earth-shattering as it would perhaps like to suggest.
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AnalysisAnalysis: Summer staycation boom means sun can shine on retail sales
With the removal of Portugal from the government’s green travel list, Retail Week analyses just how big a boost this could be for UK retail
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NewsCBI urges government to extend support for businesses struggling to pay rent
The Confederation of British Industry (CBI) has urged the government to extend the moratorium on commercial evictions for businesses below 30% of normal levels.
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OpinionMove of the Week: John Lewis fills gaps at the top to face post-Covid balancing act
I’ve noted before how the leadership teams that took retailers into the pandemic will not be the same as those that lead their recovery. This is especially true of retailers most disrupted by Covid-19 – specifically those whose heritage is in stores and who sell discretionary items likes homewares and fashion.
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GalleryExclusive first look: M&S unveils most digital store yet
Marks & Spencer’s Stuart Machin shows Retail Week the business’ newly expanded Solihull store, which incorporates enhanced digital features including a modernised eaterie
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AnalysisDiscovery: Five start-ups transforming stores for Tesco and Holland & Barrett
Retail Week’s latest report reveals how retailers and brands can stand to benefit from the raft of incredible tech solutions on the market across stores, ecommerce, supply chains, marketing, data, personalisation and more.
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DataData: Oxford Street – Europe’s hardest hit high street by Covid
New data has found that of Europe’s six biggest retail high streets, Oxford Street has suffered the most from lost footfall and consumer spend.
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NewsPandemic leaves retailers with £2.9bn in accumulated rent debt
The moratorium on aggressive debt collection from landlords is set to end next month, meaning thousands of retailers could face legal action as total rent debt is estimated to be £2.9bn.
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NewsJohn Lewis makes key hires to drive transformation programme
Department store group John Lewis has made three appointments to its top team who will play crucial roles in its turnaround strategy.
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AnalysisAnalysis: How M&S is churning its store estate for a post-pandemic world
As thoughts turn to life after Covid, or at least as the effects are mitigated, Marks & Spencer chiefs are confident that the retailer is also in better health.
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GalleryStore gallery: Inside Poundland’s new Local convenience format
Poundland has launched its first Poundland Local convenience store format as it ramps up plans to expand into smaller towns and neighbourhoods across the UK.
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Retail VoiceEnsuring shoppers feel safe in store is key to retail recovery
Balancing a safe environment with the joy of shopping in store will be key for retailers in the post-pandemic era, argues Lee Edwards, vice-president and managing director for UK and Ireland, Middle East and Africa at Adobe.
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AnalysisLocation, location, location: where retailers will need stores in a post-Covid world
Retail Week analyses the toll taken on retail destinations over the past 15 months, how they will fare in future and what plans all stakeholders – from local authorities to retailers and landlords – have put in place to bounce back or build momentum.
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Opinion‘Retailers have difficult decisions to make now to future-proof their businesses’
Retailers should feel optimistic as the end of lockdown and social distancing measures loom into sight.
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GalleryStore gallery: Foot Locker’s new Barcelona store puts the city centre stage
Foot Locker’s latest European store places great emphasis on its location. Throughout the 5,920 sq ft space, the brand has engaged with local artists to create artwork intended to reflect the surroundings of Barcelona.