All Stores and property articles – Page 136
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NewsJanuary retail sales slide as shoppers cut back non-essential spending
January retail sales registered the sharpest decline since last May as customers reined in spending and lockdown hammered store sales.
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AnalysisDo you really need shops? Lessons from Cath Kidston, Karen Millen and Coast
As pureplays Boohoo and Asos scoop up the brand rights to former high street darlings Debenhams and Topshop, switching them to online only, Retail Week gleans lessons from brands that have already ditched their stores.
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NewsRetail bosses demand business rates reform and online sales tax
Bosses from 18 retailers have called on chancellor Rishi Sunak to permanently cut business rates in a bid to save the high street.
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GalleryStore gallery: Ikea’s ‘mini’ New York store
Ikea has opened a downsized store in Queens, New York, with a focus on the needs of its local customer base.
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GalleryStore gallery: Sainsbury’s launches first Fresh Food Market at new-look flagship
Sainsbury’s has opened a newly renovated flagship supermarket format boasting the grocer’s first-ever Fresh Food Market.
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NewsRetail footfall slides in January amid UK's third lockdown
Retail footfall dropped in January across all destinations as the UK went into lockdown for the third time since the outbreak of the coronavirus pandemic.
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NewsSainsbury’s short-selling rises despite GameStop phenomenon
There has been an uptick in shorting of grocer Sainsbury’s and shopping centre operator Hammerson’s shares in the past week, despite the targeting of hedge funds in the US by private investors organising on Reddit.
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DataData: How Brexit has hit supermarket availability
New data shows the big UK grocers have struggled with availability issues since Brexit.
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AnalysisTalking shop: Five ways to galvanise staff when stores reopen
Store staff are worried about their jobs, are suffering from low morale and do not see retail as a good career choice, our groundbreaking report Talking Shop reveals. So, what can retailers do about it?
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DataData: Grocery sales soar as record Christmas stretches into January
The festive cheer has rolled on into the new year for grocers, with data showing that customers’ record food and drink spending from December continued into January.
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NewsCentral London economy battered by lack of tourists, says Khan
Research published by Sadiq Khan has revealed the Central London economy has been hit hard by a lack of tourism during the Covid-19 pandemic.
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OpinionAlex Baldock: ‘Raise rates for warehouses to save the high street’
We’re now only weeks away from the end of the government’s business rates holiday. I’m sure many of us are grateful for a decisive and vital measure that, for some retailers, has made the difference between surviving the pandemic and not.
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NewsWork with us on post-pandemic roadmap, businesses urge government
The Confederation of British Industry (CBI) has called on the government to work with businesses on a roadmap out of lockdown to reopen the economy.
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NewsAsos scoops up Topshop in £265m deal
Asos has acquired Topshop and other Arcadia brands in “a hugely exciting moment” for the online fashion specialist.
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AnalysisAnalysis: Is this the death of cash?
The contactless limit was upped to £100 in yesterday’s Budget. With the use of cash already plummeting, is this its final nail in the coffin? Retail Week reports on the implications of a cashless society.
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OpinionThe Secret Retailer: ‘The government is fiddling while Rome burns’
As retail is left to wonder how the route out of the coronavirus crisis will look, it feels like there is some government fiddling while Rome is burning going on.
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AnalysisH&M boss Helena Helmersson: Our post-pandemic recovery plan
Fashion giant H&M has been battered by coronavirus, with swathes of its global store estate shut and profits plummeting. Chief executive Helena Helmersson reveals how the group plans to rebound in 2021.
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AnalysisThe Big Question: Do fashion retailers need stores any more?
As online-only businesses such as Boohoo and Asos snap up struggling fashion players who have suffered tumbling store sales during the pandemic, Retail Week asks whether fashion still needs a bricks-and-mortar footprint in 2021.
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OpinionLisa Hooker: ‘Long live the store – but it needs to evolve’
It’s a familiar and frightful story: the once-beloved UK high street is in terminal decline. The perfect storm of a global pandemic, online shopping and crippling rents and business rates is set to usher in the end of the physical store.
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Retail VoiceHow to empower consumers with frictionless self-service journeys
Retailers today face many challenges. Consumption patterns have changed – and keep on changing – and Covid has only expedited this change process.