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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Landlords will be forced to let out empty shops that have been vacant for more than six months under new Government plans to “revitalise” the high street, according to The Daily Mail.

It revealed the plans will allow community groups and small businesses to take over boarded-up stores in a move constructed to aid the regeneration of town centres.

The new plans are set to be introduced as part of the Levelling Up and Regeneration Bill, which will be displayed in the Queen’s Speech next month.

Local authorities will now be able to force landlords to rent out commercial property through a Compulsory Rental Auction, under the new plan.

It provides a short grace period for landlords to fill the vacancy, yet if this is not achieved, local authorities will be able to invite bids from interested parties.

A government source told the Mail: “The Government’s mission to level up will breathe new life into these great towns and end the scourge of boarded- up shops sucking the soul out of once-bustling high streets.”

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