All High street & town centre articles – Page 19
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Opinion
Eva Pascoe: The retail industry needs a post-coronavirus revival plan
The question everyone is asking now, as the country is locked down, is when normality will resume and even to what extent it is possible to bring back ‘retail as usual’.
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News
UK retail parks weather lockdown better than high streets
Retail footfall across the UK fell to the lowest levels on record in March, although retail parks were better able to weather the storm compared with high streets and shopping centres.
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News
Government expands loan scheme as lockdown extended for three weeks
The Treasury has said businesses that turnover more than £500m will now be able to apply for government-backed support as it extended the coronavirus lockdown by at least three weeks.
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News
UK retail footfall plummets to all-time low due to coronavirus lockdown
Retail footfall across the UK slumped to an all-time low in March as the impact of the coronavirus lockdown hit the high street hard.
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Analysis
Analysis: Five qualities fashion retailers will need to survive the coronavirus crisis
Of all the categories of retail that have suffered from the coronavirus pandemic, fashion has arguably been hit the hardest. Retail Week looks at five key considerations that will see fashion retailers through to the other side.
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News
Boots to temporarily shut 60 stores and redeploy pharmacists
Boots will temporarily close 60 stores in city and shopping centre locations over the next week.
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News
Easter trading to be ‘unrecognisable’ due to coronavirus
Trading over the coming Easter weekend will be “unrecognisable” due to the government’s mandated lockdown and closure of non-essential stores, according to data from Springboard.
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News
Consumer confidence drastically decreased due to coronavirus
New research for the middle of March shows a drastic drop in consumer confidence due to the coronavirus pandemic.
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News
Government revamps emergency business loan scheme after criticism
The government has revamped its emergency loan scheme by extending provisions for larger companies and imposing new rules on lenders to make loans easier to access for smaller businesses.
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News
H&M threatens to walk away from leases without post-coronavirus sales revival
Swedish fashion giant H&M has threatened landlords with walking away from store leases if they do not see a return in turnovers to pre-coronavirus levels once the pandemic passes.
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News
Mike Ashley ‘deeply apologetic’ over coronavirus stores row
Frasers Group chief executive Mike Ashley has apologised after his Sports Direct business was embroiled in a row about whether stores could open during the coronavirus crisis.
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Opinion
Helen Dickinson: Government must move quickly to save retail jobs
Businesses across the UK welcomed the chancellor’s announcement of a fund to help with employee’s salaries last week. However, BRC chief executive Helen Dickinson says the government must urgently provide more details on how it will work
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News
Primark holds back rent as coronavirus pandemic decimates trading
Fashion giant Primark has withheld its quarterly rent due today and is seeking to revise terms with landlords urgently due to the “unprecedented” circumstances caused by the coronavirus pandemic.
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News
Retail footfall declines worst on record as ‘true effect’ of coronavirus emerges
Retail footfall across the UK slumped to an all-time low last week as shoppers began to heed government advice to stay indoors, with London being the hardest hit.
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News
Coronavirus: Primark, John Lewis and Timpson all close stores
High street fashion giant Primark, department store chain John Lewis and shoe repair specialist Timpson all shuttered stores over the weekend in response to the burgeoning coronavirus epidemic.
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News
Retail footfall plummets amid coronavirus crisis
Retail footfall has plummeted so far this week as shoppers increasingly stay at home amid the coronavirus crisis.
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Analysis
Analysis: How coronavirus will change how we shop, live and work
It was on New Year’s Eve 2019 that the World Health Organisation’s China office first heard reports of a new virus sparking a rise in cases of pneumonia in the city of Wuhan.
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News
Joules scales back investment as coronavirus plays havoc with guidance
Joules has not given investors any financial guidance for the year ahead due to the “ongoing uncertainty” over coronavirus, which has hit footfall and sales over the last few weeks.
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News
Chancellor suspends business rates for 12 months for ‘economic fight’
The chancellor has announced 12-month business rates holidays for all retailers and pubs as part of a sweeping set of measures designed to support business in the face of the coronavirus outbreak.
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News
Debenhams demands rent holiday as coronavirus dents footfall
Embattled department store chain Debenhams has heaped further misery on its landlords by requesting a rent holiday of up to five months as fears over coronavirus dent high street footfall.