All Stores and property articles – Page 123
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AnalysisRevealed: The secrets of successful store managers
Retail Week’s latest report delves into what makes an exceptional store manager and the role they play in empowering frontline staff to deliver outstanding service.
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OpinionMove of the Week: Waitrose recruits outside partnership for top retail role
Waitrose’s appointment of the Co-op’s Tina Mitchell as its new retail director is significant for a number of reasons.
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NewsSelfridges bid approach brings price tag in excess of £4bn
Selfridges, one of the world’s most famous department stores, may be sold for £4bn or more.
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Opinion‘Retail’s rules of value creation have changed for good’
Retailer equity valuations have been on a rollercoaster ride over the past year, amid significant divergence in the performance of individual companies.
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AnalysisDeep dive: Curation, destination, imagination – the new department store foundations
How can the retail format be revived to resonate with contemporary and future shoppers?
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NewsData: Sharpest online sales fall on record as restrictions ease
Online sales recorded their biggest drop in volume ever last month, though online spending remains significantly higher than pre-pandemic levels.
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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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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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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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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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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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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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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.