Tag: stores

Burberry and Tencent team up for concept stores

Image copyright Burberry Burberry has partnered with China’s tech giant Tencent to launch a luxury concept store using social media interactions. The British retailer opened its first “social retail store” on Friday in Shenzhen, China’s technology hub. The companies want to roll the concept out across Burberry’s network in China. The tie-up comes as tensions rise between the two countries,… Read more →

John Lewis to close eight stores permanently

John Lewis has announced it is permanently closing eight of its stores, putting 1,300 workers at risk. The retailer said it had to “secure the business’s long-term future and respond to customers’ shopping needs”. Department stores in Birmingham and Watford will not reopen as the coronavirus lockdown eases. At Home stores in Croydon, Newbury, Swindon and Tamworth will also shut… Read more →

Debenhams to close more stores with the loss of 300 jobs

Image copyright Getty Images Debenhams is closing another three stores as the retailer grapples with falling High Street sales made worse by the coronavirus lockdown. Stores at Milton Keynes, Watford and the Metrocentre, Gateshead, will not re-open after lockdown restrictions are eased, meaning about 300 job losses. Debenhams said it had failed to agree new rental terms with landlord Intu,… Read more →

Coronavirus: Big sales expected when clothes stores reopen next month

Image copyright Getty Images Clothes stores are ramping up plans to reopen – and big discounts could be on offer. Some non-essential retailers will be able to begin reopening next month. One of the UK’s biggest fashion retailers, M&S, said: “We are working towards reopening more space from June.” But analyst Richard Lin of Retail Economics said stores “will have… Read more →