All Travel hubs, airports & stations articles – Page 7
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Opinion‘Road to freedom will still be a long journey to retail normality’
The country, and therefore retail, is on a “one-way road to freedom” as prime minister Boris Johnson put it when he unveiled a route out of lockdown.
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AnalysisDeep dive: The great retail reset – should retail prepare for the roaring ’20s?
How we live, work and shop has changed. 2021 is the year the retail industry will fundamentally change, too.
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AnalysisWhy WHSmith boss Cowling sees ‘big opportunity’ from the pandemic
After a bruising year for both the high street and travel hubs amid the coronavirus pandemic, WHSmith suffered losses of £69m in the 12 months to August 31, compared with £155m profit last year.
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AnalysisAnalysis: Vaccine joy sparks share price snakes and ladders
Welcome news of a coronavirus vaccine has sparked a stock market shift as investors rushed to buy and sell shares. Big-name retail and other consumer stocks shunned during the pandemic were back in fashion, while lockdown stars took a hit.
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OpinionMichael Jary: ‘New normal? Retail needs to get used to the new weird’
Back in March I wrote on Retail Week that coronavirus would bring a tipping point: a permanent change in industry structure. At the time some readers wondered whether I might be hyperbolising. It turns out I hardly knew the half of it.
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AnalysisAnalysis: What could the end of duty-free mean for retail?
Duty-free shopping will come to an end as part of the government’s Brexit plans, which has unwelcome implications for the retail industry.
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AnalysisProfile: Asda’s new owners – the billionaire brothers with community values
Britain’s third-largest supermarket chain Asda has returned to private ownership, but who are the billionaire brothers behind the £6.8bn deal? Retail Week takes a closer look at Mohsin and Zuber Issa.
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NewsScrapping tax-free shopping for tourists will hit luxury sector
Chancellor Rishi Sunak has announced that the tax-free shopping scheme for non-EU tourists will come to and end on December 31.
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AnalysisAnalysis: How Greggs and Hotel Chocolat are creating new recipes for success
With the coronavirus pandemic laying waste to once-thriving city centres and travel hubs across the UK, both Greggs and Hotel Chocolat offer insights into trading in the new normal
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InterviewInterview: WHSmith duo Cowling and Keir – why our travel division isn’t grounded
As WHSmith launches its one-stop-shop at Heathrow Terminal 2, chief executive Carl Cowling and managing director Toby Keir tell Retail Week why they believe the sky’s the limit for the travel division – despite tough times on the high street.
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GalleryStore gallery: WHSmith’s new ‘blended essentials’ Heathrow store
WHSmith’s latest travel retail concept, launched in Heathrow airport’s Terminal 2, features a mix of health and beauty, gifts, books and snacks to create a travel one-stop-shop.
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NewsTrain companies seek government aid for station retail tenants
Britain’s train companies are lobbying the government to introduce rent cuts and payment holidays for retail tenants at their stations to help them through the coronavirus pandemic.
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NewsWHSmith demands rent cuts as pandemic hits revenues
WHSmith has become the latest retailer to demand rent cuts from landlords in a bid to contain spiralling costs and offset sliding sales due to the coronavirus pandemic.
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NewsWHSmith restructuring plans put 1,500 jobs at risk as sales plummet
WHSmith is in consultation with staff over restructuring that could lead to as many as 1,500 redundancies across the entire business.
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Opinion‘Working from home is here to stay and retail must adapt’
As face masks became mandatory for shoppers on Friday, it was a stark reminder that the Covid-19 pandemic is far from over.
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AnalysisDispatch: How Saudi Arabia’s VAT rise sparked a retail sales boom
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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AnalysisAnalysis: How WHSmith is preparing for travel retail to take off again
The world’s travel plans have gone awry during the coronavirus pandemic, depriving WHSmith of shoppers in its travel stores, but boss Carl Cowling is confident he can pilot the retailer to a safe landing.
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NewsWHSmith sales decimated by coronavirus as first-half profits dip
WHSmith’s sales have been obliterated by the coronavirus as lockdown restrictions decimated its travel division.
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AnalysisNeed to know: What the government’s Covid-19 recovery plan means for retail
Following Boris Johnson’s address to the nation last night, the government has today published guidance on how the UK might move out of lockdown assuming the pandemic is kept under control.
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NewsWHSmith launches equity fundraising to beat coronavirus downturn
WHSmith plans to raise cash through an equity issue as it battles the business impact of the coronavirus outbreak.