All Property articles – Page 12
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NewsLandsec signals further fall in rents likely
Landsec, the retail property group, expects shopping centre rents to fall because of the impact of the Covid pandemic and an “ongoing structural shift to a lower rent model”.
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NewsRetail sales rise in October boosted by pre-lockdown splurge
Retail sales recorded a year-on-year uplift in October, which British Retail Consortium (BRC) boss Helen Dickinson says demonstrated many retailers “finding their footing” prior to the second lockdown.
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Opinion‘Retailers’ cash is stronger than expected, but the outlook has weakened’
HSBC UK head of retail and leisure James Sawley takes the temperature of retail performance and finances as a new lockdown begins.
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NewsMike Ashley fails to match Debenhams price tag and retracts offer
Mike Ashley is out of the running to acquire Debenhams after refusing to match the £300m price tag for the beleaguered department store chain.
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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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NewsM&S boss Rowe calls for extended Sunday trading before Christmas
Marks & Spencer chief executive Steve Rowe has joined Primark in calling for extended trading hours in the run-up to Christmas.
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AnalysisData: The retailers expanding and retreating from high streets in 2020
New data compiled by the Local Data Company charts both the toll the coronavirus crisis has taken on many UK retailers but also highlights the categories that are proving more resilient.
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News
Currys PC World and The Entertainer extend pre-lockdown opening hours
Curry PC World and The Entertainer are both extending opening hours in the run-up to the closure of ‘non-essential’ stores on Thursday.
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Opinion‘There has been a hardening of bank attitudes to the retail industry’
With the government loan schemes due to close at the end of November, it is important that businesses seeking to borrow funds to cover trading impacts from the pandemic get their applications submitted quickly – within the next week, ideally.
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NewsJohn Lewis gets go-ahead to turn half of Oxford Street flagship into offices
John Lewis has been given the green light to transform almost half of its flagship Oxford Street store into office space.
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NewsCath Kidston reveals plans for ‘digital first’ future
Fashion and homewares retailer Cath Kidston has unveiled a ‘digital first’ strategy as it seeks a turnaround following its collapse earlier this year.
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NewsQuiz profits plummet as online shift takes toll
Fashion retailer Quiz has reported a plunge in full-year earnings but maintained restructuring measures will ultimately enable it to return to profitable growth.
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NewsDobbies launches first small-format urban store
Garden centre group Dobbies will open the doors to a new small-format store next month.
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NewsSky set to launch network of ‘social hub’ high street stores
Sky is opening a network of high street stores for the first time, with its first outlet set to launch in Liverpool next week despite local lockdown restrictions.
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NewsEdinburgh Woollen Mill to seek extended protection from creditors
Edinburgh Woollen Mill is likely to seek a 10-day extension of protection from creditors as the owners seek to save as much of the business as they can.
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News‘Non-essential’ retail ordered to close in Welsh and Irish lockdowns
All ’non-essential retailers’ in Wales and the Republic of Ireland must close as a new Covid-19 lockdown comes into force.
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NewsStore closures hit record levels as 11,000 shut in first half of 2020
A record number of stores closed during the first half of 2020 as the coronavirus crisis hammered high streets, shopping centres and retail parks across the UK.
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AnalysisJohn Lewis Partnership’s strategy: Has Sharon White got it right?
As John Lewis Partnership unveils its full-year resuts, Retail Week looks back at the strategy outlined late last year by chair Dame Sharon White to transform the business. Will it work?
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AnalysisHow Next and Harrods are reinventing the beauty hall
Department store giants Next and Harrods have opened new beauty formats over the past month. Why launch a beauty store in the middle of a pandemic – when face masks are mandatory in many places – and can they shake up the industry?
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NewsRetail ‘will remain open’ under strictest local lockdowns, PM says
Retailers will be allowed to continue trading even under the strictest local lockdown measures coming into force on Wednesday.