“There’s a hell of a lot of change, I mean this is the most transformational period in retail full stop.” The death of the high street has been predicted as many times as people have predicted armageddon, but Alex Schlagman is the polar opposite of a doomsday preacher.
H&M is set to open a new store in the former BHS unit at Dolphin Shopping Centre in Poole. The Swedish fashion giant will move into the two-level, 27,000sq ft as part of a wider refurbishment scheme of the centre. JD Sports and Smiggle have also signed new 10 year leases at Dolphin, and are set to open 6120sq ft and 560sq ft stores respectively
Heritage furniture and interiors brand Heal’s is set to open its first-ever store in Birmingham. Established in 1810 and operating five stores in London, Sussex and Yorkshire, Heal’s new Birmingham store will also be the brand’s regional flagship for the Midlands
Demand for large retail space in the UK is declining as retailers become more cautious, according to two of the UK’s largest property firms. The Crown Estate recently pulled out of a £75 million extension project to Exeter’s Princesshay shopping centre after stating businesses had become too cautious to commit to the space
The ownership of the Jenners department store building in Edinburgh has changed, with a private European investor believed to have snapped it up.
Next, Zara and Mango have all been called on to pay up over half a million pounds they owed to Turkish factory workers for over a year. The three major fashion retailers have been accused of failing to pay factory workers for three months of labour and an online petition calling on all conscientious consumers to help the factory staff has been launched.
Cotswold recently opened its 78th store.
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A reshuffle of Harvey Nichols’ senior ranks will see chief executive Stacy Cartwright step into the role of deputy chairman.
Sainsbury’s has begun testing on checkout-less technology which allows customers to pay for goods using their mobile phone. The grocer initiated testing of the new technology in its Euston Station earlier this month, seeing time-strapped commuters scan items with their phone, paying for them automatically then leaving the store without having to queue. “We are always looking for new ways to help our customers live well – and saving customers time is one way we can do so,” Sainsbury’s head of customer experience Natalie Dunn said