All Stores and property articles – Page 151
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GalleryIn pictures: Harrods’ new concept Outlet store at Westfield London
To help clear excess stock that could not be sold due to the coronavirus pandemic, Harrods has launched its first outlet store in Westfield London.
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GalleryStore gallery: Nike opens tech-driven Rise concept store in China
Nike’s latest concept store opened in Guangzhou, China, this week using a “member-first” approach to bring a host of new tech features to customers.
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OpinionOpinion: Summer statement cements retail’s place as UK’s invisible industry
There was hope, rather than expectation, that chancellor Rishi Sunak would offer retailers a lifeline this week.
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NewsJohn Lewis to shutter eight stores, 1,300 jobs at risk
John Lewis & Partners has confirmed that it will permanently close eight of its shops, including two of its full-size department stores.
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NewsRetail hits out at lack of help in Sunak’s Covid-19 recovery plan
The retail industry has hit out at the lack of help afforded to the sector in Rishi Sunak’s coronavirus recovery plan.
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NewsH&M to shut 170 stores globally this year
H&M will close 170 stores across its stable of brands by the end of this year in reaction to the coronavirus pandemic and its knock-on effect of fashion sales.
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AnalysisThe Big Question: Should face masks be mandatory in shops?
Scottish First Minister Nicola Sturgeon has made face coverings compulsory for all shoppers from July 10, but they are only mandatory on public transport in England, and not obligatory in Wales or Northern Ireland. Industry experts offer their view on whether the rest of the UK should follow Scotland’s lead.
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NewsPret A Manger to shutter 30 stores putting 1,000 jobs at risk
Pret A Manger is permanently closing 30 of its stores and putting around 1,000 jobs into consultation following the “significant impact” of coronavirus on profits and cash flow.
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AnalysisData: Five ways to get the tills ringing after coronavirus crisis
Consumer habits are changing faster than ever. Little more than a third of Brits expect to shop as they did before in the next 12 months, according to Retail Week’s new report How They’ll Spend It.
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AnalysisAnalysis: Lessons from Leicester on how retail should prepare for local lockdowns
With the prospect of more local lockdowns on the cards, Retail Week explores how retailers can manage and plan for an uncertain future.
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NewsMarket Halls blames social distancing for closure and job losses
Market Halls, the company which operates three of the biggest food halls in the UK, has blamed social distancing for its current closure and a wave of redundancies.
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NewsLandsec hails ‘encouraging’ footfall and reinstates dividend despite rents dip
Landsec has hailed “encouraging” levels of footfall in its centres and will reinstate its shareholder dividend from November, despite retail occupants dragging their feet with rents.
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NewsFace coverings to be mandatory in Scottish shops from next week
The use of face masks or other coverings will become mandatory in shops in Scotland from July 9 as part of the country’s easing of lockdown restrictions.
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OpinionOpinion: As jobs are decimated, Johnson must help ‘build, build, build’ retail
There’s no getting away from it – this has been a bruising week for retail.
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GalleryIn pictures: The retailers opening new stores in lockdown
While many retailers have tightened their belts to counter the impact of the coronavirus pandemic, some have used the time to launch new concept stores to expand their reach.
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NewsJohn Lewis chair White warns staff of store closures and job cuts
John Lewis chair Dame Sharon White has told staff that job cuts and store closures are imminent as the business embarks on a post-coronavirus cost-cutting drive.
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NewsLandlords bank on retail recovery despite falling rent collections
In separate updates today, institutional landlords Hammerson and British Land have outlined hopes for a retail recovery despite struggling to recoup rents for the most recent quarter.
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AnalysisHow to make stores safe post-lockdown – and not kill the shopping experience
Since the coronavirus pandemic, socially distanced shopping is a necessity. But how can stores operate safely without impinging on experience?
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NewsShop prices fall in June as coronavirus hammers sales
Shop prices fell for the 13th consecutive month in June as retailers discounted swathes of products amid the coronavirus crisis.
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AnalysisWeek two of store trading post-lockdown – what you need to know
Footfall across UK retail destinations continued to climb in week two as more non-essential retail stores reopen, with Wales seeing a particular surge as lockdown regulations ease.