All High street & town centre articles – Page 17
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NewsRetail industry decries ‘missed opportunity’ in Sunak’s winter economy plan
Retail membership organisations and stakeholders have said the chancellor has missed an opportunity to help the retail sector with his winter economy plan.
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NewsRishi Sunak unveils new support scheme to protect ‘viable’ jobs
Chancellor Rishi Sunak has unveiled his new job support scheme in Parliament, in a bid to stave off a spike in job losses once the current furlough scheme ends.
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EventsGrocers sales to benefit from hospitality curfews and working from home reversal
Grocery retailers are set to be the big winners from the latest round of government restrictions on hospitality venues, with sales settling in excess of 25% above pre-Covid levels.
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NewsFace coverings to become mandatory for retail staff from this week
The prime minister has announced that all retail staff working in stores will need to wear face coverings from this week or retailers will face severe fines of up to £10,000.
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NewsRevo calls on government to cap business rates at 30% as part of consultation
Revo has called on the government to cap business rates at 30% and to extend support measures beyond April next year as the first part of the reform consultation period closes.
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NewsPrime minister set to announce 10pm curfew for bars and restaurants
All pubs, bars and hospitality venues will be forced to close at 10pm across the UK from Thursday to help curb the spread of the coronavirus.
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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.
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VideoFace time: Andy Street on reinventing city centres and John Lewis’ Birmingham closure
Mayor of the West Midlands and former John Lewis managing director Andy Street tells Retail Week why he thinks ‘reimagined’ city centres have a bright future and talks of his surprise that his former employer chose to shut its Grand Central store.
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NewsGovernment extends commercial evictions ban until the end of 2020
The government has extended its moratorium on commercial tenant evictions until the end of 2020 in a move that will likely further deepen divisions between retailers and landlords.
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NewsNew Look CVA gets green light from landlords saving over 11,000 jobs
New Look has had its company voluntary arrangement (CVA) seeking to move over 400 of its stores on to turnover-based rents approved by creditors, saving over 11,000 jobs.
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AnalysisAnalysis: The local councils on a mission to revive shopping centres
While shifting customer behaviours and now coronavirus have taken a heavy toll on traditional shopping centre owners, Retail Week looks at the councils and retailers seeking to revitalise these spaces.
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NewsNew Look landlords accuse retailer of inconsistency as CVA teeters
New Look is facing an uphill battle in convincing landlords to vote in favour of its CVA, with many store owners growing increasingly disgruntled about the retailer’s perceived lack of transparency in negotiations.
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NewsPrimark profits to hit top end of range after strong trading resumes
Primark owner Associated British Foods (ABF) said the retailer’s profits are expected to be at the top of its revised range after a strong resumption of trading following lockdown.
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AnalysisAnalysis: How can city centres rebound in a coronavirus world?
As one-time commuters predominantly continue to work from home post-lockdown, Retail Week assesses what can be done to encourage people to return to hard-hit city centres
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NewsCosta Coffee store review puts 1,650 jobs at risk
High street chain Costa Coffee has said 1,650 roles across the business are at risk of being axed as it reviews its sprawling store estate in light of the coronavirus crisis.
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NewsPret to cut almost 3,000 jobs as pandemic sets business back by a decade
Sandwich and coffee shop giant Pret A Manger is to axe 2,800 roles after sales fell back to the level of 10 years ago, as the Covid-19 pandemic decimated trading.
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AnalysisFrom e-bikes to pound shops: Meet the businesses filling gaps on the high street
While the pandemic continues to force many retailers to the wall, there are some old and new businesses still snapping up space. Retail Week meets those with ambitious store opening plans.
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OpinionThe Secret Retailer: ‘Financial cliff edge looms without rent standstill deal’
We have to secure an extension to the moratorium on landlords taking action against retailers that do not pay rent.
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NewsDebenhams gears up for business rates battle to decide its future
Department store chain Debenhams is gearing up for a battle over a proposed business rates hike on one of its stores that it says could decide the future of the whole group.
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NewsLondon and Southeast bounce back as rate of footfall growth jumps fourfold
Retail footfall across the UK jumped 4.1% last week, driven by surges in Greater London and the Southeast.