Coronavirus Featured Content
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Jul- 2020 -21 July
How to get consumers spending? Make them feel a million dollars again
On Thursday 19 March, I found myself driving as fast as I could up the A12 towards the Suffolk countryside. After a ‘hot tip-off’ that a lockdown was coming, we packed the cars, abandoned our London flat and decided to batten down the hatches amongst the green pastures of East…
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20 July
Post-lockdown: keeping business afloat
Lawyers predict that 1 in 10 SMEs is set to collapse post-lockdown. This harsh reality means burying heads in sand is not an option and steps – some difficult – must be taken sooner rather than later to protect against the looming slump. Recent news that household names such as…
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16 July
Effective stock management is key to retail revival
Following the optimism of non-essential high street shops reopening in mid-June, pessimism remains about near-term sales. The CBI’s monthly Distributive Trades Survey shows the vast majority of retailers expect sales to be lower than July 2019, with 62% believing lack of customer demand is the biggest operational challenge they are…
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Jun- 2020 -30 June
Should I stay closed or reopen?
Since the start of lockdown, most owner managers have become used to real-time contingency planning and agile decision making. However, with non-essential shops now allowed to reopen, they have been faced with another high-risk financial decision – should they stay closed or reopen? Knowing the key areas to consider and…
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23 June
Three ways that Covid-19 will change British retail forever
In the midst of a global pandemic the UK high street is suffering more than ever before with many ailing big names, from fashion retailer French Connection warning it will run out of cash within the next few months unless it secures a cash injection, to the ongoing struggles of…
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22 June
The perfect storm?
There is something of a ‘perfect storm’ for our town centres… Fewer shops trading than a few months ago, big brands announcing further closures, plans already on the table for repurposing retail space no longer viable, travel restrictions making it harder for people to reach town centres, now fewer people…
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19 June
Making the UK workplace COVID safe
Rumours of the imminent return of the hospitality sector may have been overstated. Many operators may be ready to open in some shape or other after weeks of painstaking planning to ensure that premises can trade. But until employees are back off furlough, premises have been deep cleaned and the…
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18 June
Temperature checking employees – don’t get your fingers burnt in an employment tribunal
As lockdown eases, retailers are looking closely at sensible practical measures that they can implement to help minimise the risk of Covid-19 spreading within workplaces. Many lessons have been learnt from the experiences of essential retailers who have either stayed open throughout the pandemic, or who have now reopened their…
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May- 2020 -19 May
Secondary market represents the key to survival during a crisis
As the Coronavirus outbreak lead to the forced closure of non-essential businesses across the nation, apparel retailers seem to have stopped in time. Relying on online-only purchasing and the movement of essential goods, retailers have witnessed a standstill of stock waiting for the pandemic to pass, are set to be…
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19 May
N Brown secures new funding as sales drop 25% since lockdown
Jacamo, JD Williams and Simply Be owner N Brown has revealed it has secured a new £50m funding facility as it looks to weather the impact of the coronavirus pandemic which saw its sales fall by 25% over the last six weeks. In a trading update the company said it…
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