All High street & town centre articles – Page 21
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DataData: The full impact of Covid-19 on retail footfall in 2020
Springboard has published its annual footfall review for 2020 and the figures drive home the catastrophic effect coronavirus had on all retail venues.
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OpinionJace Tyrrell: ‘Oxford Street will recover, but it needs to evolve to prosper’
Reports of the death of Oxford Street, and the UK high street more generally, have been greatly exaggerated. But to ensure its future, the district must look to diversify its retail offering in order to truly thrive.
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NewsWaterstones boss warns store closures loom without further rates relief
Waterstones boss James Daunt has warned that without either an extension to the business rates holiday or other reforms before April, he could be forced to close stores.
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AnalysisWill more retailers ditch Oxford Street?
While the famous shopping destination was already facing headwinds, the coronavirus crisis has been a perfect storm for Oxford Street. The question is whether retailers will hang around to pick up the pieces or abandon it altogether.
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NewsNext emerges as frontrunner in race to buy Topshop
Fashion giant Next has emerged as the leader in the race to salvage Topshop from the administration of the Arcadia brands.
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OpinionPeter Williams: ‘The pressure is on for fewer but better stores’
After the experience of the last 10 months, do we really need shops any more? Perhaps we should start by reflecting on how they were created and why we started going to them in the first place.
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Opinion‘As Debenhams exits, Oxford Street must learn from Paris’ radical reinvention’
Another one bites the dust.
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NewsData: Coronavirus restrictions lead to record low retail spend in 2020
The effects of the coronavirus pandemic and associated restrictions on the retail sector have been laid bare, with customer spending across the year down to record lows.
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Opinion‘Act now and act decisively, chancellor – our high streets depend on it’
“The end is in sight,” Rishi Sunak declared this morning as he set out a new package of measures to support businesses through the latest painful phase of the coronavirus crisis – a third national lockdown.
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NewsChancellor offers non-essential retailers grants for closed stores
Chancellor Rishi Sunak has announced new support measures, including grants of up to £9,000 per closed store to non-essential retailers, following the announcement of a third national lockdown.
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NewsPost-Christmas footfall drops as shoppers stay home
Retail footfall during the period after Christmas declined across all destinations as tighter coronavirus restrictions came in across the UK.
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NewsRetail counts jobs cost of brutal year with more to come in 2021
More than 176,000 jobs in retail were lost in 2020 after harsh high street conditions saw over 15,000 stores close, with experts warning more of the same in 2021.
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NewsBoxing Day footfall plummets as restrictions tighten
UK high streets were deserted on Boxing Day with shoppers choosing to remain at home as tier-four restrictions spread across more regions.
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NewsThousands more non-essential stores to close in tier four areas from Boxing Day
Non-essential retailers face the prospect of closing thousands more stores with new swathes of the UK set to be plunged into tier four restrictions from Boxing Day.
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NewsChancellor extends furlough scheme until end of April 2021
Chancellor Rishi Sunak has extended the furlough scheme for another month, meaning it will now end in April 2021.
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NewsRetailers rein in promotional activity ahead of Christmas after Black Friday flurry
Retailer promotional activity this year hit a high around the Black Friday period before since dropping away in the run-up to Christmas.
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NewsAll non-essential retail to close in Wales after Christmas Eve
All non-essential retailers in Wales will be forced to close their stores after trading finishes on Christmas Eve, with the country going into a full ‘tier four’ lockdown three days later.
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AnalysisAnalysis: Seven consumer trends for 2021 that retailers need to know
The coronavirus crisis has had a profound effect on every area of retail and consumer behaviour, turbo-charging some trends and creating some completely new behaviours. Looking ahead to 2021, Retail Week considers some of the trends that may emerge.
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Opinion‘This rapid change is not destroying retail but reshaping it’
At a time of mass redundancies on the high street it is only right to be sanguine about the prospects for the job market in 2021.
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NewsGovernment extends commercial evictions ban until April
The government is extending the moratorium on commercial tenant evictions until March 31, 2021.