Retail news

• Intu the unknown: retail landlord faces up to a fundamental threat

  08-02-2020 17:00
  
  The shopping centre owner is taking emergency action to stabilise its struggling malls and collapsing share priceOn a midweek evening before the first payday after Christmas, the Lakeside shopping centre in Essex is buzzing with couples, teens and families with their children. They are browsing the shops, but not everyone is buying.Becky lives not far from the centre in east London and is visiting with her three-year-old daughter and sister to “kill a bit of time”. “We come her
  
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• Does John Lewis warning of closures mean department stores are doomed?

  08-02-2020 17:00
  
  Changing shopping habits are hurting even the biggest brands, and fuelling redevelopment of unloved retail spaceSo it seems John Lewis is contemplating doing the unthinkable, with the middle classes’s favourite retailer hinting at store closures as it too is engulfed by the high street crisis.Department stores are in the frontline of the retail downturn: rival chains House of Fraser and Debenhams are hitting financial trouble as changing shopping habits move sales online, while the cost of
  
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• Lunchtime shoppers drive soaring sales of vegan sandwiches

  08-02-2020 01:01
  
  Retailers report huge demand for plant-based takeaway foods amid record VeganuaryA rise in the number of regular “lunchtime” vegan shoppers is fuelling sales of plant-based sandwiches and wraps, according to supermarkets.In a further sign that plant-based food is now firmly mainstream, retailers have reported rocketing sales of vegan takeaway foods, with ingredients such as hummus gaining popularity. Continue reading...
  
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