All Stores and property articles – Page 153
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NewsChancellor extends furlough job retention scheme until end of October
Chancellor Rishi Sunak has extended the furlough job retention scheme until the end of October but said the government wants employers to contribute more.
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NewsLandsec reveals hole in portfolio and warns of lengthy recovery
Institutional landlord Landsec has revealed a near £1.2bn hole in its property portfolio and warned that it does not expect the economy to recover to pre-coronavirus levels until 2022 at the earliest.
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NewsKingfisher sales hammered by coronavirus store closures
Kingfisher has seen sales during the first quarter of the year take a hammering from the coronavirus forced closure of its store estate.
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Retail VoiceDisruption is here to stay – are retailers ready?
With the industry adjusting to the new normal, Diebold Nixdorf believes there are four ways retailers will need to continue to adapt post-pandemic
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OpinionDispatch: How Spain’s El Corte Inglés is preparing for life after lockdown
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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AnalysisNeed to know: What the government’s Covid-19 recovery plan means for retail
Following Boris Johnson’s address to the nation last night, the government has today published guidance on how the UK might move out of lockdown assuming the pandemic is kept under control.
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NewsPrimark’s European reopenings buoyed by bigger basket sizes
Primark has been permitted to reopen its stores in Austria and the Netherlands, giving the bricks-and-mortar retailer a boost. The reopened stores have also demonstrated what customer behaviours might be when the UK restrictions are lifted.
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DataData: What search trends reveal about shopping in lockdown
As the retail industry edges slowly towards the resumption of business, online search data shows UK search habits have dramatically changed since the lockdown began. As well as seeking out essential goods, consumers have made the most of forced time at home to take up new hobbies and DIY projects.
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AnalysisThe Big Question: Should Sunday trading hours be relaxed during coronavirus crisis?
The coronavirus outbreak has again put the extension of Sunday trading hours on the agenda and business secretary Alok Sharma has launched a review. Retail Week asks industry experts for their views.
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NewsRetail vacancy rates inch up as BRC warns of worse to come
Retail vacancy rates have inched up during the first quarter of the year, with the ongoing coronavirus pandemic likely to cause further damage according to the BRC.
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AnalysisAnalysis: Can Next become a force to be reckoned with in beauty retail?
Hours after Debenhams confirmed that it would exit its five store across Hammerson-owned shopping centres, Next unveiled details of an unikely swoop.
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NewsCoronavirus: White Stuff prepares for ‘significant’ job cuts
White Stuff is preparing to make a “significant” number of redundancies, even after coronavirus lockdown restrictions are lifted, due to a fall in demand for its wares.
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NewsSuperdry European footfall rebound gives confidence for UK
Shopper footfall has bounced back at reopened Superdry stores in Germany, giving grounds for optimism that the same will happen when the UK emerges from coronavirus lockdown.
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NewsHotel Chocolat looks to high street stores ahead of phased reopening
Specialist retailer Hotel Chocolat has said it will look to reopen high street and self-standing independent stores first, ahead of it beginning a trial reopening of a number of stores as takeaway locations from next week.
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NewsNext swoops on Debenhams sites for new beauty store format
Next has snapped up five stores across Hammerson’s estate which Debenhams is exiting for the launch of a new beauty store concept.
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NewsDebenhams to shut stores in Hammerson centres at cost of 1,400 jobs
Debenhams is to shut five stores in some of the UK’s most-high profile malls after failing to agree on terms with landlord Hammerson, Retail Week can reveal.
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OpinionPeter Pritchard: How to win the trust of colleagues and customers after lockdown
I think the entire retail community would agree with me when I say that we’ve simply never experienced anything like the current situation before.
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NewsCustomer limits and no-contact returns policies on agenda for store reopenings
A limit on the number of customers allowed in a store at any one time and no-contact returns are just some of the measures being considered by the government ahead of any non-essential store reopenings.
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NewsIntu drafts in restructuring expert in battle for survival
Intu has drafted in a chief restructuring officer in a bid to beef up its turnaround efforts.
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NewsCoronavirus: Greggs postpones reopening plans amid crowd fears
Greggs has postponed plans to reopen some of its stores next week amid fears that it could spark crowds at the chain’s outlets.