Cosmetics major Lush will heavily invest in brick and mortar modernisation across its European store network this year, in a clear nod to the potential it sees for the high street.
Retail major Walgreens Boots Alliance has unveiled a series of UK high street investments in recent months, but focus and investment must now be directed towards e-commerce if the retailer wants to remain competitive, says an expert.
Cosmetics major Lush has started reopening shuttered stores across EMEA and Russia as coronavirus (COVID-19) lockdowns start to ease – a move executives say would not have been possible without the help of local governments, councils and landlords.
Department store group Debenhams has filed a Notice of Intent to appoint an administrator in the UK – a move it says should protect business through the ongoing coronavirus (COVID-19) pandemic.
High street beauty brands have a responsibility to create in-store experiences for shoppers and adapt to evolving needs – it’s not about replacing bricks and mortar with digital, says Lush’s global property director.
Lush has opened its second-largest European store in Munich, along with two concept stores – a ‘fresh’ cosmetics outlet in Paris and a ‘perfume library’ in Florence – showcasing a clear nod to bricks and mortar in the region.