All High street & town centre articles – Page 18
-
NewsCouncil left scrambling as landlords walk away from Croydon Westfield dream
Local authority plans to regenerate Croydon have been thrown into chaos after Unibail-Rodamco-Westfield and Hammerson walked away from the Centrale & Whitgift Centre.
-
NewsPret a Manger staff considering strike action over pay cuts
Pret a Manger staff are reportedly considering strike action after the food-to-go chain permanently slashed pay despite easing coronavirus restrictions.
-
NewsData: ‘Pingdemic’ hits footfall after short-lived ‘freedom day’ boost
Footfall over the month of July was down compared with June due to changeable weather conditions and an increase in the number of people being told to self-isolate.
-
DataData: Shop vacancies ‘at highest rate ever recorded’ as uncertainty lingers
The overall store vacancy rate across the UK increased in the second quarter of 2021 despite the lifting of coronavirus restrictions as retailers continued to struggle with the ongoing uncertainty.
-
NewsSuperdry snaps up former Forever 21 Oxford Street store as new flagship
Superdry has agreed the lease of the former Forever 21 store on Oxford Street, with the retailer’s chief executive expressing confidence in the West End’s post-Covid recovery.
-
DataData: Majority of shoppers to keep wearing masks after ‘freedom day’
England finds itself in uncharted territory with the pandemic. Despite surging Covid-19 cases, the government has pressed ahead with ‘freedom day’ – with all legal coronavirus restrictions lifted.
-
NewsBRC warns of high street labour shortages as 20% of shopworkers in isolation
The retail and hospitality sectors have both recorded high levels of worker absenteeism.
-
DataData: Footfall in June stagnates as ‘freedom day’ pushed to July
The pushing back of the final relaxing of social-distancing measures and unseasonably wet weather combined to slow footfall recovery across the UK.
-
NewsBroadgate retail offering boosted by Lewis Hamilton-backed vegan restaurant
British Land’s Broadgate site has been given a fresh retail boost with the announcement of four new lettings, including a plant-based burger restaurant backed by Lewis Hamilton.
-
NewsGovernment opens business rates revaluation consultation
The government is seeking input on its plans to increase the regularity of business rates revaluations.
-
DataRising prices on the horizon as retailers face increased disruption
Retail prices fell slightly faster in June compared with May, but this trend is not expected to last as retailers battle rising costs.
-
NewsGovernment gives retailers stay of execution with rent moratorium extension
The government has extended the commercial rent moratorium, preventing landlords from evicting tenants for failing to pay rent for another nine months.
-
NewsRetailers urge the government to extend credit insurance scheme
UK retailers are calling on the government to extend the scheme that guarantees trade credit insurance amid fears they could be unsupported when it ends.
-
NewsCBI urges government to extend support for businesses struggling to pay rent
The Confederation of British Industry (CBI) has urged the government to extend the moratorium on commercial evictions for businesses below 30% of normal levels.
-
DataData: Oxford Street – Europe’s hardest hit high street by Covid
New data has found that of Europe’s six biggest retail high streets, Oxford Street has suffered the most from lost footfall and consumer spend.
-
NewsRetail sales surge in April after non-essential stores reopen
Retail sales volumes rose sharply in April, which reflected the effect of easing coronavirus restrictions and the reopening of all ‘non-essential’ retail.
-
NewsUK retail and hospitality sectors face labour shortage due to Covid and Brexit
The UK’s retail and hospitality employers are struggling to find staff as lockdown lifts due to the combined effects of the coronavirus and Brexit.
-
NewsUK consumers to spend £2.5bn as indoor hospitality reopens
UK consumers are predicted to bring a much needed boost to the high street by spending billions of pounds in the first week of indoor hospitality.
-
Retail VoiceVote with your feet to put local retail into action
‘The high street is dead.’ How often have we heard this phrase and not just in recent times?
-
DataData: Footfall soars after reopening but recovery lags behind pre-pandemic
Figures from both Springboard and the BRC show strong footfall recovery since non-essential stores reopened in April but the numbers are still down on pre-pandemic levels.