High street – Page 20
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NewsNew leases promising landlords a share of online boom struggle to tempt retailers
Limited progress has been made in implementing the new lease models throughout the pandemic, The Grocer has learned
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NewsMike Morrison returns to Poundstretcher as trading director
Morrison has previously served on Poundstretcher’s board on three occasions
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Analysis & FeaturesHow coffee shops have bounced back with digital sales and drive thrus
Having suffered a brutal decline in 2020, coffee shops recovered the lion’s share of that business last year, according to latest research.
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NewsFalling vacancy rates offer ‘glimmer of hope’ for retail says BRC
Overall retail vacancy rate across Britain fell 0.1 percentage points to 14.4% in the fourth quarter of 2021, suggesting the structural impact of the pandemic had in some regions ‘peaked’
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NewsCity Snapshot: WH Smith recovery stalls as Omicron hits travel stores
The emergence of the Omicron variant stalled the recovery at the WH Smith travel business, but it still put “a good performance” on the high street in the run up to Christmas. Plus, UK inflation surges in December and trading updates from Science in Sport and Devro.
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News15 Wilko stores at risk of closure in review of lease terms
The stores will be shut this year as leases end unless landlords agree to more “favourable terms” for the home, garden and fmcg retailer
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NewsBoots comparable sales up 16.3% in three months to 30 November
Boots’ online sales were nearly double pre-Covid levels, according to today’s trading update
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NewsHolland & Barrett branches out to in-home beauty treatments with Blow takeover
Holland & Barrett has expanded into on-demand at-home beauty services thanks to its acquisition of Blow
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NewsCity Snapshot: Boots explores sale of Aromatherapy Associates
Boots is set to sound out potential buyers for Aromatherapy Associates, according to reports. Plus, CBD brand Love Hemp reports boost in annual revenues.
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NewsMPs demand urgent review of how government handling of pandemic has hit high streets
In a report published today, the Levelling Up, Housing and Communities Committee says there should be an immediate “lessons learned” review of high street support
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Analysis & FeaturesCan Boots really be worth more than Asda and Morrisons? And who would buy it?
Reports have suggested the chain could be worth as much as £10bn in a spin-off by Walgreens. What’s it really worth and who might buy?
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NewsBacktrack on Covid passports welcomed by Scottish retailers
Retail leaders have also urged shoppers not be be deterred from their Christmas shop,
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NewsWilko gets a brand refresh across own-label ranges
The result is a more consistent design across 15,000 SKU
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Comment & OpinionWhy the Costa Coffee and M&S tie-up is a match made in heaven
Under the none-more-literal banner Costa Coffee Now Serving M&S Food, Brits will “be able to choose from over 30 delicious, great-quality M&S products”
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NewsM&S Food to supply Costa Coffee stores from next year
More than 2,500 Costa outlets will sell around 30 M&S products
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NewsPoundland to open seven new stores by Christmas
A further three are to be extended to make way for Pep&Co clothing and homeware ranges
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NewsAdvance quarterly rents set to return after protections end
Many retailers have moved to monthly payments while protected from eviction and rent debt recovery under emergency Covid measures
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NewsSuperdrug launches two-hour delivery in partnership with Stuart
The rapid delivery option has been added to Superdrug.com, where shoppers can order from the high street pharmacy’s beauty, personal care and toiletries ranges
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NewsOne Below ditches ‘everything £1 or less’ model and adds higher price points
The variety discounter is advertising products costing over £1 on social media, including Naughty Elf and Christmas Gonk dolls at £2 each, and earmuffs for £1.50
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NewsIndustry reacts to Sunak’s business rates reform, including one-year 50% cut for retail and hospitality
The 50% cut – capped at £110,000 – will do little to help big businesses, says BRC