All Shopping centres articles – Page 11
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NewsRecord spending spree to reignite economy post-pandemic, says BoE
The economy could hit pre-pandemic levels in early 2022 if households start spending the £125bn in pent-up savings once the vaccine is rolled out, according to the Bank of England.
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NewsRetail footfall slides in January amid UK's third lockdown
Retail footfall dropped in January across all destinations as the UK went into lockdown for the third time since the outbreak of the coronavirus pandemic.
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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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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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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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NewsGovernment extends commercial evictions ban until April
The government is extending the moratorium on commercial tenant evictions until March 31, 2021.
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GalleryIn pictures: Festive footfall down as stores released from lockdown
Stores in England reopened their doors today, kick-starting the Christmas spending period after the latest lockdown, but shopper traffic was still steeply down year-on-year in key destinations.
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NewsNon-essential retail to reopen next week as Johnson pledges end to national lockdowns
The prime minister has confirmed all non-essential retailers will be allowed to reopen stores next week, as he pledged an end to national lockdowns in future.
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AnalysisAnalysis: Let’s be honest, has Covid killed the shop?
Over the past week three big stores based retailers - Debenhams, Arcadia and Bonmarche - have all gone bust. Although unsustainable stores were only part of the problem for these long-term struggling businesses, they contributed to their demise.
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NewsIntu Metrocentre taken over by Sovereign Centros
Shopping centre operator Sovereign Centros has taken ownership of the Metrocentre in Gateshead, as the assets of former institutional landlord Intu continue to be sold off.
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NewsLiverpool footfall plummets to July levels in first week of Tier 3 restrictions
Footfall in Liverpool has plunged to levels last seen at the end of the national lockdown in the summer, in the week since it became the first city to be placed into the government’s highest tier of Covid-19 restrictions.
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NewsRetail footfall slumps as three-tier Covid restrictions take effect
The government’s three-tiered Covid restrictions have had an “immediate impact” on retail footfall across the UK after coming into force late last week.
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NewsLondon mayor warns of ‘inevitable’ tighter restrictions across the capital
London mayor Sadiq Khan has said it is almost “inevitable” that the capital will face tightening restrictions from next week as Covid-19 cases continue to grow across the UK.
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NewsFootfall increase slowed by rule of six and 10pm curfew
Retail footfall across the UK slumped over the last five weeks as the government’s new restrictions on hospitality took their toll.
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NewsLandlords mull legal action against retailers as rent slumps to new lows
Landlords are considering taking action against “well capitalised” retail businesses refusing to pay rents under the cover of the government’s moratorium, as takings for yesterday’s September quarterly rent day slid to just 12.7%.
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NewsHammerson poaches new chief executive from Canadian real estate group
Institutional landlord Hammerson has announced the appointment of Rita-Rose Gagné as its new chief executive, taking over from David Atkins.
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NewsRevo chief executive warns of £2bn retail rent blackhole
Revo’s chief executive has warned of the consequences of retailers not paying rents, saying landlords are facing a £2bn arrears blackhole that will have knock-on effects across the industry.
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NewsIntu Milton Keynes taken over by Ellandi
Property group Ellandi has been appointed asset manager for Intu’s Milton Keynes shopping centre.
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AnalysisAnalysis: Can retail survive a second national coronavirus lockdown?
As Covid restrictions tighten and the prospect looms of further ‘circuit breaker’ measures, Retail Week looks at how the industry would fare in a second lockdown.