All Stores and property articles – Page 129
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NewsOnline sales growth strong in February as clothing sales rise
Online sales growth has stayed strong in February as lockdown shopping habits continued.
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AnalysisIs John Lewis at risk of becoming a ‘middle-class Argos’?
John Lewis Partnership’s first full-year loss in its history revealed the scale of disruption affecting the retailer, particularly its eponymous department store division.
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DataTransform or die: 1,000 consumers on the future of the high street
The future of UK high streets is at stake as the country emerges from the grips of the pandemic, but it’s important to understand what the consumer wants from it if they are to return in greater numbers. Read Retail Week’s High Street Rebooted report to find out what 1,000 UK consumers said
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DataData: Four charts that lay bare Inditex’s ‘challenging’ year
In a tumultuous year for fashion retail, global powerhouse Inditex has been battered by store closures and restrictions. Retail Week examines the key charts that tell the story of the fashion giant’s pandemic performance – and why chief executive Pablo Isla is positive about the future
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NewsCommercial evictions ban extended until end of June
The government has extended the commercial evictions moratorium until the end of June, in a move that will bring relief to struggling high street retail and hospitality businesses.
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NewsMarks & Spencer to downsize Marble Arch flagship with office redevelopment
Marks & Spencer aims to cut back retail space at its flagship Marble Arch store on Oxford Street in a redevelopment creating offices on upper floors.
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NewsKingfisher rolls out plans for B&Q stores in Middle East
Kingfisher has announced plans to open B&Q franchised stores in the Middle East starting with two in Saudi Arabia.
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OpinionIan Middleton: ‘Councils shouldn’t play around with shopping centre investments’
In recent years, local authorities have created something of a commercial property gold rush.
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Opinion‘Amazon stores are an ally, not an enemy, of town centres’ retail revival’
As once-powerful names such as Debenhams and Topshop exit town centres, there has been an unlikely newcomer to UK bricks-and-mortar retail – Amazon.
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NewsRetail sales return to growth but reopening concerns remain
Retail sales returned to growth in February having shrunk in January but the BRC warned that many retailers were worried about getting through to the provisional April 12 reopening date.
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NewsShoe Zone swings to full-year loss as Covid store closures bite
The UK’s largest value shoe retailer Shoe Zone has reported a loss for the year as the effects of the ongoing coronavirus pandemic begin to bite.
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VideoWatch: First visit to the new Amazon Fresh cashierless store
Retail Week visits the new “just walk out” cashierless Amazon Fresh convenience store in Ealing, West London on the day it opens to customers. Is it going to revolutionise grocery in the UK, or will it only ever be something of a fad?
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GalleryStore gallery: Amazon unveils first UK store in fresh assault on grocery sector
Amazon has unveiled its new format convenience grocery store in London today, Amazon Fresh, which marks the online giant’s first foray into bricks-and-mortar retail outside of the US.
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NewsSainsbury’s to slash 500 head office roles and close distribution centre
Sainsbury’s is set to cut 500 roles at its London head office and close one of its London fulfilment centres in a bid to reinvest in its new ‘food first’ agenda.
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NewsBudget: Business rates holiday extended and new recovery grants revealed
Chancellor Rishi Sunak has extended the business rates holiday for a further three months and will offer non-essential retailers new recovery grants of up to £6,000 per store.
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NewsAldi to invest £22m on new and revamped London stores
Discounter Aldi is investing £22m in acquiring new stores and refurbishing existing ones in the Greater London area this year.
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NewsChancellor to extend furlough scheme until September
The chancellor is expected to use today’s Budget to extend the furlough scheme through to the end of September.
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NewsShop prices fall in February as consumers limit spending in lockdown
Shop prices continued to fall in February, reaching the lowest rate of deflation since May 2020.
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NewsHotel Chocolat’s digital offer in strong position ahead of crucial Easter trading
Hotel Chocolat boss Angus Thirlwell says the retailer’s digital push during the pandemic has left it in a much stronger position heading into the crucial Easter trading period than last year.
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AnalysisAnalysis: What’s the best alternative to the broken business rates system?
Everyone seems to agree the UK’s outdated business rates are broken and its many detractors claim the system is crippling hopes of retail recovery post-lockdown. Yet there is less unanimity about finding a fairer alternative, as Mark Faithfull discovers.