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Comment
Has the pandemic driven a permanent shift in consumer behaviour?
New Era If anyone was in any doubt about the future of retail, the purchase of Debenhams by Boohoo has…
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Clothing & Shoes
JD Sports eyes EU warehouse amid ‘worse than feared’ Brexit impact
Peter Cowgill, the chairman of JD Sports has revealed the company is considering opening a new distribution centre in the…
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Coronavirus
Three in 10 SMEs could be forced to shut if lockdown is extended
At least three in 10 (30%) SMEs will be forced to close for good by the end of the year…
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Coronavirus
Bank of England holds rates, predicts strong vaccine rebound
The Bank of England (BoE) has predicted an economic rebound in the spring led by a successful vaccine rollout, after…
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Property
Retail landlords charged nearly £1bn in rates on empty shops
Retail landlords have handed over almost £1bn to English Councils in business rates since the onset of the pandemic despite…
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Supermarkets
EG Group to acquire Asda’s forecourt business in £750m deal
The EG Group, part of the consortium that is set to acquire ‘Big Four’ Grocer Asda in a £6.8bn deal,…
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High Street
Footfall remains above first lockdown levels despite poor weather
Footfall across UK retail destinations rose by just +0.4% last week from the week before as poor weather deterred high…
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Coronavirus
New lockdowns edge consumer confidence to near-record low
The final quarter of 2020 saw consumer confidence fall by 1%, to a near-record low -17%, according to the latest…
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Coronavirus
Unemployment rises 5% to 1.7m
The UK unemployment rate rose by 5% in the three months to November with over 1.7 million people now out…
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Coronavirus
Waterstones boss warns of closures unless gov extends rates relief
James Daunt, the boss of book retailer Waterstones, has warned that he could be forced to close stores unless the…
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