All High street & town centre articles – Page 14
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NewsAlarm sounded over hit to high streets from residential developments
Relaxed rules on the conversion of commercial property to housing could threaten the health of town centres, the government has been warned.
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DataData: Shoppers most excited to return to Primark after lockdown
Consumers feel more comfortable now about returning to stores than they did last May, exclusive research for Retail Week has shown, and shoppers are most excited to return to Primark.
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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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NewsJoules interim sales and profits slip as chief financial officer departs
Fashion retailer Joules has blamed store closures due to coronavirus for falling sales and profits on the day it announced its chief financial officer would be stepping down.
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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.