Footfall

Retail footfall freefalls 83% over Easter weekend

Footfall across UK retail bricks-and-mortar destinations was 83.1% lower than Easter weekend last year and 14.5% lower than over the…

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Footfall nosedives by 81%

Footfall across bricks and mortar retail destinations declined by 75.1% in the week beginning 22 March, according to the latest…

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Coronavirus and the Retail Property Sector

Coronavirus continues to spread across the world and many countries have now established strict social distancing measures to halt its…

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Frasers Group to cut bosses’ salary to £40k amid April pay pledge

Mike Ashley’s Frasers Group has reportedly reduced the salary of its executive team to £40,000 and has pledged to pay…

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Covid 19: The future health of the high street

The health of the high street is up for debate now more than ever. If retailers were struggling before coronavirus…

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Intu receives only third of rent

Intu revealed that it has received only 29% of its second quarter rent that was due from tenants on 25…

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Drop in footfall three times higher than worst recorded, says Springboard

Springboard has revealed that the annual change in footfall last week represented an “unprecedented decline” that was three times greater…

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John Lewis stores to close for first time in 155 years

John Lewis Partnership has announced the temporary closure of all John Lewis stores in light of the coronavirus pandemic. All…

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Frasers Group issues profit warning and drops FY20 guidance amid Covid-19

Mike Ashley’s Frasers Group has issued a profit warning after revealing its board expects Covid-19 to cause a “significant disruption”…

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Huge increase in online sales across Italy offers hope for struggling retailers in the UK and Ireland

Global financial markets continue to suffer from the impact of coronavirus, with economists predicting the slowest rate of global growth…

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