All Stores and property articles – Page 168
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NewsGovernment bans ‘aggressive rent collection’ to safeguard high street stores
The government has placed a temporary ban on landlords issuing statutory demands and winding up orders over unpaid rent to protect high street businesses under strain from coronavirus.
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NewsHammerson’s £400m retail park deal in doubt as buyer tries to pull out
Institutional landlord Hammerson has said the previously agreed £400m sale of its retail park portfolio is hanging by a thread, as the prospective buyer is looking to pull out of the deal.
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OpinionOpinion: ‘Business as usual’ will be anything but as lockdown measures ease
Travel forward in time – a few weeks, a few months, into the new year? – and imagine how retail might operate when, like moles blinking in the sun, consumers can emerge and go shopping in person again.
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NewsAbuse and assaults against shopworkers rise during Covid-19 crisis
Instances of abuse, threats and even assaults on shopworkers have all risen since the coronavirus crisis began, new research has found.
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AnalysisAnalysis: Primark’s plan to ‘come back with a bang’
Value fashion powerhouse Primark is preparing to draw shoppers through its doors by wowing them with every weapon in its armoury when it reopens after the coronavirus emergency.
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NewsCath Kidston to shut UK stores in pre-pack deal
Fashion retailer Cath Kidston’s 60 UK stores are likely to be closed and the business will focus on trading online and wholesale.
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NewsCoronavirus: B&Q reopens 14 stores on trial basis
After closing down all stores due to the coronavirus pandemic, B&Q has now made the decision to reopen a number of its stores on a trial basis with social distancing measures enforced.
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NewsHalfords transfers 11 Cycle Republic stores to Pure Electric
Halfords has agreed to transfer the ownership of half of Cycle Republic stores to specialist retailer Pure Electric, saving 85 jobs.
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NewsRetailers and landlords call on government to underwrite retail rents
Retailers and landlords have written to the chancellor pleading for help with rents, saying the future of the high street will be decided in “weeks rather than years”.
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NewsUK retail parks weather lockdown better than high streets
Retail footfall across the UK fell to the lowest levels on record in March, although retail parks were better able to weather the storm compared with high streets and shopping centres.
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AnalysisAnalysis: How coronavirus will change retail rents forever
With all non-essential retail stores shut, struggling landlords have found retail occupants unwilling or unable to pay quarterly rents. Will the coronavirus lockdown change retail rents forever?
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NewsDebenhams strikes deal with landlords to keep most stores open
Debenhams has agreed on terms with landlords that will enable most of its stores to carry on trading following the department store group’s administration last week.
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NewsGovernment expands loan scheme as lockdown extended for three weeks
The Treasury has said businesses that turnover more than £500m will now be able to apply for government-backed support as it extended the coronavirus lockdown by at least three weeks.
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NewsTM Lewin owner seeks buyers amid coronavirus store closures
The private equity owner of men’s shirt specialist TM Lewin has put the retailer up for sale despite its store estate being closed due to the coronavirus pandemic.
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NewsEdinburgh Woollen Mill adds pandemic clauses to new Bonmarché leases
Edinburgh Woollen Mill is inserting pandemic clauses into new leases it is signing with landlords on Bonmarche stores after it bought the retailer out of administration.
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NewsUK retail footfall plummets to all-time low due to coronavirus lockdown
Retail footfall across the UK slumped to an all-time low in March as the impact of the coronavirus lockdown hit the high street hard.
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OpinionOpinion: Keeping calm and carrying on – the village store shows its worth
Doing volunteer work in a village shop is normally a pretty relaxed affair, consisting of amiable exchanges with those dropping by and making sure you’ve marked up the papers for those who’ve ordered them if you happen to be an ‘opener’.
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Retail VoiceAdapting store operations and workforce management strategies in times of crisis
As we all attempt to navigate our way through the Covid-19 crisis, retailers in particular have had their worlds turned upside down.
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NewsGovernment plots fresh overhaul of emergency coronavirus loans
The government is preparing a fresh overhaul of the emergency loan packages on offer for larger businesses battling to survive the coronavirus pandemic.
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NewsDebenhams liquidates Irish arm as it appoints administrators
Ailing department store chain Debenhams has appointed administrators for the second time in 12 months and has liquidated its Irish business.