All Stores and property articles – Page 139
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AnalysisNightmare before Christmas: bosses of John Lewis, M&S and The Entertainer on lockdown 2.0
It’s the news the industry dreaded. This Thursday so-called ‘non-essential’ retail will be shut down until December 2 in a bid to stem the spread of coronavirus. Many fear chaos, but could click and collect come to the rescue?
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NewsPrimark calls for longer Christmas opening hours post-lockdown
Primark chiefs want extended trading hours post-lockdown to cater for pent-up demand and have reaffirmed their faith in its pureplay bricks-and-mortar model despite the latest lockdown.
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NewsM&S rolls out ‘book and shop’ service as lockdown looms
Marks & Spencer has made its Sparks Book & Shop shopping reservation service available in 566 food stores and larger branches with food halls ahead of England’s lockdown on Thursday.
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NewsSadiq Khan calls for business rates holiday extension
London mayor Sadiq Khan has written to housing secretary Robert Jenrick calling for an extension of the business rates holiday for retail and hospitality businesses in the capital.
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NewsPrimark profits and sales battered by coronavirus store closures
Primark has posted falls in both its full-year profits and sales blaming the closure of its store estate during the third quarter in a bid to stem the spread of the coronavirus.
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NewsPrimark warns second lockdown will cost £375m in lost sales
Primark has said England’s looming second lockdown, alongside closures across other parts of its global estate, means over half of its selling space will be shuttered as of this week.
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NewsRetailers fear ‘nightmare before Christmas’ as second lockdown forces store closures
New lockdown measures have forced non-essential shops to close until December 2, dealing a blow to Christmas trading.
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NewsSupermarket bosses push Sunak for business rates reform
Chief executives of Tesco and Morrisons are among the signatories of a letter to Rishi Sunak urging him to use business rates reform to “level up” the country.
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AnalysisThe Big Question: Is John Lewis’ Oxford Street office conversion a good idea?
With the pandemic leaving London’s West End devoid of workers and tourists, the news earlier this week that John Lewis has been green-lit to turn half its Oxford Street store into office space received mixed reviews. Industry experts offer their view on whether it’s the right move for the retailer.
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InterviewInterview: Infarm’s UK boss on how vertical farms could save the planet
As the German-based vertical-farming firm goes live with its third UK retail partner this week, Infarm’s Jeremy Byfleet tells Retail Week why the future of agriculture could be modular.
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NewsIntu Metrocentre taken over by Sovereign Centros
Shopping centre operator Sovereign Centros has taken ownership of the Metrocentre in Gateshead, as the assets of former institutional landlord Intu continue to be sold off.
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GalleryIn pictures: JD Sports unveils New York flagship
JD Sports has launched a multistorey flagship store on New York’s iconic Times Square in a bid to drive the retailer’s reputation stateside.
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Opinion‘Lockdown shambles is bad for retailers and consumers’
From Wales to Westminster, a confused and sometimes politically partisan response to the resurgent Covid-19 outbreak is threatening retail’s recovery.
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Opinion'Self-care and support will get us through this Golden Quarter'
On Sunday at 2am the clocks will go back by one hour. For many people, the moment will symbolise the start of a long, difficult winter – one without precedent in recent history.
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AnalysisLocal heroes: The retailers benefiting from the rise of localism
Since the lockdown, people have taken to shopping where they live and local retailers have come to the fore. Many have adapted, served and won loyal customers over the past eight months. Retail Week highlights some of the thriving businesses that hold lessons for all of retail.
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NewsSunak unveils changes to job support scheme as golden quarter kicks off
The chancellor has today announced new business support schemes to deal with the ongoing coronavirus crisis, including changes to the job support scheme that replaces furlough at the end of the month.
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NewsLiverpool footfall plummets to July levels in first week of Tier 3 restrictions
Footfall in Liverpool has plunged to levels last seen at the end of the national lockdown in the summer, in the week since it became the first city to be placed into the government’s highest tier of Covid-19 restrictions.
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Opinion‘Alibaba’s $3.6bn splurge cements value of stores in retail’s future’
Alibaba, one of the world’s largest ecommerce players, this week splashed $3.6bn on its latest big-money acquisition.
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NewsIn pictures: Asda unveils landmark ‘sustainability store’
Grocery giant Asda has opened a pilot “sustainability store” including product refill options, loose and unwrapped produce and a pledge that “customers will not pay more for greener options”.
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AnalysisDigital tools have empowered staff during the pandemic, says M&S stores boss
New technology and tools have helped store staff to make quicker decisions and better serve customers, a panel of experts told Retail Week’s Building tomorrow’s workforce: how to work smarter’ virtual event.