All Stores and property articles – Page 169
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NewsBoots to temporarily shut 60 stores and redeploy pharmacists
Boots will temporarily close 60 stores in city and shopping centre locations over the next week.
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AnalysisThe Big Question: Can department stores survive coronavirus crisis?
As Debenhams tumbles into administration for the second time in a year and Fenwick makes sweeping leadership changes, Retail Week asks industry experts for their view on whether department stores can survive the coronavirus crisis.
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OpinionOpinion: Relax Sunday trading laws during coronavirus crisis
It is an age-old debate that splits opinion like few others in the world of retail: should Sunday trading laws be relaxed?
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NewsCoronavirus: Holland & Barrett remains open despite staff calls for closures
Holland & Barrett has qualified as an ‘essential’ retailer as defined by government guidelines, but staff are campaigning for closures.
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NewsEaster trading to be ‘unrecognisable’ due to coronavirus
Trading over the coming Easter weekend will be “unrecognisable” due to the government’s mandated lockdown and closure of non-essential stores, according to data from Springboard.
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AnalysisAnalysis: Seven inventive ways grocers across the globe are tackling coronavirus
From persuading people not to panic-buy to ensuring shoppers and staff are safe, supermarkets have had to overcome some Herculean challenges following the onset of coronavirus.
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NewsClarks to permanently close some UK stores as it mulls new financing options
Struggling footwear specialist Clarks has drawn up plans to permanently close some of its stores after drafting in bankers to review its finances.
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NewsDebenhams puts administrators on standby amid coronavirus disruption
Debenhams stakeholders are understood to be preparing to place the department store chain into administration as soon as next week.
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AnalysisOn the front line: Meet the retail stars serving the nation
Alongside the NHS, retail workers are the lifeblood of the UK right now. Retail Week speaks to those on the front line who are going above and beyond to serve the nation.
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NewsGovernment revamps emergency business loan scheme after criticism
The government has revamped its emergency loan scheme by extending provisions for larger companies and imposing new rules on lenders to make loans easier to access for smaller businesses.
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NewsArcadia furloughs staff as senior team take pay cuts
Arcadia has said it will furlough “a substantial number” of staff, and its board and senior leadership team will take salary reductions as it battles to deal with the fallout from the ongoing coronavirus crisis.
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OpinionThe Secret Retailer: We are hurtling towards unimaginable social and economic crisis
In the latest in our series of columns from a ‘secret retailer’, one chief executive warns chancellor Rishi Sunak of the stark reality their business faces without access to one of the government’s coronavirus support loans.
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AnalysisThe Big Question: Should retailers of ‘non-essential’ goods continue trading online?
As the retail industry faces unprecedented challenges because of the coronavirus pandemic, Retail Week asks industry experts for their view on the biggest questions of the moment.
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NewsJD Sports withholds all rent and service charges for the quarter
JD Sports did not pay any rents or service charges across its store estate for the second quarter of the year and is in discussions with its landlords about the rents due in June.
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NewsCoronavirus: Poundland puts 100 stores into ‘hibernation’
Poundland is placing 100 of its stores into “hibernation” this week as part of efforts to stem the spread of coronavirus, Retail Week can reveal.
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NewsHammerson rental income plummets as struggling retailers fail to pay
Institutional landlord Hammerson said it only received about a third of the rent payments it was due for the second quarter of the year last week, as struggling retailers asked for coronavirus-related deferrals.
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NewsH&M threatens to walk away from leases without post-coronavirus sales revival
Swedish fashion giant H&M has threatened landlords with walking away from store leases if they do not see a return in turnovers to pre-coronavirus levels once the pandemic passes.
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Retail VoiceSecurity must be deployed to navigate these uncertain times
As UK food retailers manage surges in store footfall and non-essential retailers are forced to close, Genetec highlights why security systems can provide an ’extra pair of hands’ for the industry
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NewsMike Ashley ‘deeply apologetic’ over coronavirus stores row
Frasers Group chief executive Mike Ashley has apologised after his Sports Direct business was embroiled in a row about whether stores could open during the coronavirus crisis.
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OpinionOpinion: Retailers may face further pain from force majeure disputes
In little more than a week, the retail landscape in the UK has suffered unprecedented upheaval. When the dust has settled, the fallout from the Covid-19 outbreak may turn out to be one of the most significant economic events for a generation.