All Stores and property articles – Page 151
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AnalysisAnalysis: Can Primark afford not to sell online?
Primark parent company ABF’s financial director John Bason told Retail Week this week that going online was still “not a priority” and Primark would be as relevant as ever to shoppers through its reopened bricks-and-mortar stores.
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NewsShop prices fall at fastest rate since 2006 as Covid-19 hammers sales
Shop prices fell at their fastest rate since 2006 as the coronavirus crisis and non-essential store closures drove struggling retailers to launch big promotions in categories such as clothing and furniture.
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OpinionFurlough scheme update: what it means for retail
Chancellor Rishi Sunak unveiled some key changes to the furlough scheme on Friday, including bringing back workers part-time. Esther Smith, partner at law firm TLT, dissects how the updated scheme will impact retail
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NewsIntu predicts rents to plummet as it eyes non-essential retail reopening
Embattled institutional landlord Intu has told investors it expects the amount it collects from rents and service charges to plummet this year as it unveiled its plans to reopen non-essential retail.
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NewsAldo falls into administration amid coronavirus troubles
The UK division of Canadian footwear specialist Aldo has collapsed into administration, blaming its travails on the impact of the coronavirus pandemic.
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AnalysisLive updates: Tracking retailers’ store reopening plans
The government has announced that all non-essential shops may open for trading from June 15. Retail Week tracks what retailers are planning to do in the new socially distanced world. Last updated on June 12.
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NewsPrimark: Online ‘not a priority’ as it prepares for stores reopening
Primark will not prioritise the creation of a transactional online business despite the rise of ecommerce during the Covid-19 pandemic.
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NewsJD Sports to reopen ‘as many stores as possible’ on June 15
JD Sports will reopen most of its store estate from June 15, according to a note from Peel Hunt.
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NewsCoronavirus: Employers to contribute 20% of furloughed staff salary from October
Chancellor of the exchequer Rishi Sunak has unveiled changes to the furlough scheme which will see employers contribute 20% of all staff salary by October.
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AnalysisThe Big Question: Can socially distanced stores make a profit?
Since the government announced June 15 as the date from when non-essential retailers can look to reopen stores, many retailers are now wondering if they can operate stores profitably in an era of social distancing. Industry experts give their views.
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NewsCoronavirus: Government to publish high street code of conduct on rental payments
The government has established a working group and plans to publish a code of conduct to encourage “fair and transparent” discussions between landlords and high street business tenants over rental payments.
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NewsThe Entertainer to reopen stores with fast-track services
The Entertainer is set to reopen stores in keeping with government guidelines on June 15 and has introduced new fast-track measures to help serve customers as fast as possible.
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OpinionOpinion: Forget the past – the months ahead will define retailers’ futures
There is a strange juxtaposition to be juggled in the minds of retail leaders as they prepare for a June 15 reopening.
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NewsDebenhams cuts head office jobs but secures key stores
Department store group Debenhams is cutting head office jobs as it seeks to put itself in shape for a turnaround and has secured two key trading locations that it had faced losing to Next.
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NewsBoots leans on digital as it prepares to reopen beauty counters
Boots is relying on digital innovation to launch its latest No. 7 product and reopen its in-store beauty counters next month.
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AnalysisAnalysis: Has coronavirus called a halt to Aldi’s growth?
The relentless rise of Aldi over recent years has been one of grocery retail’s enduring success stories. The value giant, like rival Lidl, ate into the market share of mainstream grocers as consumers gorged on its low prices and tightly curated range.
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NewsJohn Lewis unveils ‘gradual’ phased reopening plans
John Lewis has unveiled its plans for a “gradual” reopening beginning with two stores on June 15, with customer and staff response to social distancing to be taken into account ahead of further openings during the summer.
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OpinionOpinion: On June 15, retailers need to remind shoppers of what they’ve missed
Some reassuring news accompanied Marks & Spencer’s results last week – the rate of coronavirus infection among its staff was no worse than among the general population.
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NewsMorrisons to open first standalone clothing and homewares store
Supermarket chain Morrisons is set to open its first standalone clothing and homewares store in a bid to increase sales of its Nutmeg label.
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NewsIkea to reopen 19 UK stores with lockdown shopping measures
Ikea has confirmed that it will reopen 19 of its stores in England and Northern Ireland in line with government guidance from June 1.