All Stores and property articles – Page 149
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NewsShops in Scotland to reopen from June 29
High street retailers will be allowed to reopen stores in Scotland from June 29, though the measures announced by the first minister mean shopping centres must remain shut.
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AnalysisAnalysis: Is Kingfisher’s new strategy enough to rebuild it?
Under the management of chief executive Thierry Garnier, who joined the group in September, Kingfisher has announced its new strategy, ‘Powered by Kingfisher’ – but will it be enough to turn things around?
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NewsAll Saints launches CVA in bid to secure turnover-based rents
Embattled fashion brand All Saints has become the latest retailer to launch a CVA with the hopes of shifting most of its stores over to turnover-based rents.
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AnalysisJohn Lewis, Superdry, Lush and Waterstones on trading in retail’s new normal
After three months of shuttered doors due to the coronavirus, English non-essential retail reopened to the public on Monday. Retail Week analyses the lessons to be learnt from the first days of trading.
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OpinionOpinion: Reopenings reveal a flight to value that retail must embrace
It has become something of a recurring theme during this pandemic, but retailers and their frontline workers did themselves proud again on Monday.
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NewsStruggling Poundstretcher launches CVA
Variety discount retailer Poundstretcher has launched a company voluntary arrangement to help restructure its struggling business and appointed KPMG to help drive the turnaround.
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NewsWickes owner Travis Perkins to slash jobs and close stores
Wickes owner Travis Perkins is set to slash 2,500 UK jobs and close 165 stores across its various brands due to weaker than expected demand for building materials due to the ongoing coronavirus pandemic.
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NewsGreggs to reopen 800 stores as coronavirus spurs strategic changes
High street baking giant Greggs is set to reopen 800 of its stores for takeaway later this week, as it stalls on new store openings and discusses moves to monthly rent payments.
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OpinionOpinion: Reimagining retail for post-pandemic world
Change has been forced upon us – both good and bad – and we have yet to determine how much will stick. Understanding which consumer trends will prevail is critical to future investment decision-making and building competitive advantage.
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NewsIn pictures: Primark and Sports Direct drive footfall as non-essential retail reopens
Retail destinations across England saw footfall numbers soar on the day that non-essential retailers were allowed to reopen stores, with queues forming for the likes of Primark, H&M and Zara.
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NewsH&M sales halved during lockdown as retailer eyes reopening recovery
H&M’s sales collapsed by more than a half in the three months to May 31, but they have started to improve during the first two weeks of June as more of its international store estate reopens.
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OpinionDispatch: How Brazilian retail has innovated at the height of Covid-19
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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NewsPrimark to reopen all 153 English stores on Monday
High street giant Primark has confirmed it will reopen all 153 of its stores in England on Monday with “rigorous health and safety measures” in place.
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AnalysisAnalysis: What high street will emerge from the pandemic?
Already under enormous pressure before the arrival of the coronavirus pandemic, the high street has taken another battering. What will it look like as the crisis subsides?
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NewsUK economy suffers worst-ever slump during coronavirus lockdown
The UK economy suffered its worst-ever collapse during April as the coronavirus lockdown wiped out a fifth of GDP.
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OpinionOpinion: How social distancing can be ‘baked in’ to new store designs
One-way systems, hygiene stations, duct tape on the floor. All of this adds up to just one thing – retailers doing what they can to make their stores safer places for those choosing to frequent them.
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OpinionOpinion: Retail leaders need to think big post-lockdown
When non-essential stores reopen their doors from Monday, almost three months will have passed since the UK went into lockdown.
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AnalysisAnalysis: What Inditex’s strategy tells us about the future of fashion
Inditex has unveiled plans to better integrate its online and offline propositions, invest in larger flagship stores and harness RFID technology within its new ‘in-store mode’ app. But what do such plans tell us about the direction of travel in fashion retail?
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VideoFace time: John Lewis ops chief Andrew Murphy on post-lockdown stores comeback
John Lewis Partnership executive director of operations Andrew Murphy talks to Retail Week about store reopening plans, the retailer’s ‘customer-led’ post-pandemic strategy and the ‘exciting opportunity to reshape the business’ in future.
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OpinionOpinion: Monsoon and Quiz pre-packs punish staff for management mistakes
The pre-pack administrations unveiled by Monsoon Accessorize and Quiz this morning were certainly portrayed as good news for the businesses and their respective workforces.