All Stores and property articles – Page 141
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NewsAnn Summers CVA ‘likely’ as landlord talks stall
Ann Summers has kicked off talks with the British Property Federation (BPF) that will likely lead to the launch of a CVA after failing to negotiate better rental terms with some landlords.
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AnalysisIn pictures: Where do retail’s top bosses love to shop?
As non-essential retail shops prepare to close yet again, Retail Week asks retail bosses to shine a light on their favourite stores. After all, great shops should be celebrated. We hope to see these amazing spaces open their doors soon.
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NewsLandlords mull legal action against retailers as rent slumps to new lows
Landlords are considering taking action against “well capitalised” retail businesses refusing to pay rents under the cover of the government’s moratorium, as takings for yesterday’s September quarterly rent day slid to just 12.7%.
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NewsHammerson poaches new chief executive from Canadian real estate group
Institutional landlord Hammerson has announced the appointment of Rita-Rose Gagné as its new chief executive, taking over from David Atkins.
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NewsRevo chief executive warns of £2bn retail rent blackhole
Revo’s chief executive has warned of the consequences of retailers not paying rents, saying landlords are facing a £2bn arrears blackhole that will have knock-on effects across the industry.
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AnalysisThe Big Question: Are mandatory face coverings for staff good or bad for retail?
Following government guidance that all shopfloor staff must wear face coverings or face hefty fines, Retail Week asks experts whether this regulation will help or hinder the sector’s recovery.
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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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NewsIntu Milton Keynes taken over by Ellandi
Property group Ellandi has been appointed asset manager for Intu’s Milton Keynes shopping centre.
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NewsConsumer confidence climbs in September but new restrictions loom
Consumer confidence rose in September as people began to return to offices, shops and restaurants.
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NewsRishi Sunak unveils new support scheme to protect ‘viable’ jobs
Chancellor Rishi Sunak has unveiled his new job support scheme in Parliament, in a bid to stave off a spike in job losses once the current furlough scheme ends.
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Analysis100 days since stores reopened: 10 key lessons retailers have learned
Today marks 100 days since retailers were allowed to reopen their stores following lockdown – and the retail landscape has changed dramatically. Retail Week analyses the key lessons retailers have learned since June 15
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AnalysisHow B&Q owner Kingfisher is switching to digital-first stores
Kingfisher has shifted strategy to prioritise in-store picking and new store types as it seeks to accelerate the integration of on- and offline.
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AnalysisSuperdry’s Dunkerton: Product and sustainability will see us through
Despite the hit to sales suffered by fashion retailers amid the coronavirus pandemic, Superdry chief executive Julian Dunkerton is positive that, barring absolute disaster, the retailer’s design overhaul and new strategy will set it up for long-term success.
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AnalysisAnalysis: Can retail survive a second national coronavirus lockdown?
As Covid restrictions tighten and the prospect looms of further ‘circuit breaker’ measures, Retail Week looks at how the industry would fare in a second lockdown.
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VideoFace time: Andy Street on reinventing city centres and John Lewis’ Birmingham closure
Mayor of the West Midlands and former John Lewis managing director Andy Street tells Retail Week why he thinks ‘reimagined’ city centres have a bright future and talks of his surprise that his former employer chose to shut its Grand Central store.
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GalleryIn pictures: Harrods unveils H Beauty hall concept
Harrods has opened its first standalone beauty concept, H Beauty, at Intu Lakeside in Essex.
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NewsCo-op to invest in prices and tech to ‘stay relevant’ in looming grocery war
The Co-op is set to invest in pricing and customer-facing technology, as boss Steve Murrells pledges to keep the core food business relevant to more price-conscious consumers.
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NewsGovernment extends commercial evictions ban until the end of 2020
The government has extended its moratorium on commercial tenant evictions until the end of 2020 in a move that will likely further deepen divisions between retailers and landlords.
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NewsWaitrose to close three stores and sell one to Tesco
Waitrose is set to close three stores and sell another to Tesco after struggling to make the sites profitable in the long term.
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NewsNew Look CVA gets green light from landlords saving over 11,000 jobs
New Look has had its company voluntary arrangement (CVA) seeking to move over 400 of its stores on to turnover-based rents approved by creditors, saving over 11,000 jobs.