Pandemic
This coverage examines the impact of pandemics on the UK retail industry, focusing on operational disruption, financial challenges, consumer behaviour shifts, and recovery strategies. Reporting highlights store closures, safety measures, supply chain pressures, leadership decisions, and lessons learned to enhance resilience. Tailored for executives and managers, it provides insights to navigate crisis situations and strengthen preparedness.
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Jun- 2021 -7 JuneOnline & Digital
Amazon Small Business Accelerator launches exporting bootcamps
Amazon has announced the first two exporting events in a series with the Department for International Trade providing startups, and small and medium-sized businesses with free advice to help them sell their products globally on Amazon’s stores and beyond. The events are part of Amazon Small Business Accelerator, a support…
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7 JuneHigh Street
May footfall decreases 27.7%, latest BRC data reveals
Total UK footfall decreased by 27.7% in May compared with the same period in 2019, according to the latest British Retail Consortium -Sensormatic IQ data. However, the decrease was above the three month average decline of 46.9%. Helen Dickinson, chief executive of BRC, stated May saw footfall levels improve across…
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7 JuneCoronavirus
Retailers urge gov to extend credit insurance scheme
Retailers across the UK are calling on the government to extend the scheme that guarantees trade credit insurance, in a bid to support businesses who risk being left without cover once the scheme ends. According to the Financial Times, the British Retail Consortium (BRC) has reportedly written to business minister…
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4 JuneClothing & Shoes
Fashion and lifestyle sales almost double in May
Lifestyle and fashion retailers recorded strong performances through the first full month of post-lockdown activity with sustained online sales helping to bolster overall growth, according to BDO’s latest High Street Sales Tracker (HSST). BDO revealed that the lifestyle category saw total like-for-like sales reach their highest result on record, as…
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4 JuneCoronavirus
End commercial rents stalemate, urges CBI
The CBI has urged occupiers and landlords of commercial properties to collectively take “decisive” action to address commercial rent challenges on the path towards a full economic reopening. Whilst it believes most tenants should resume paying rents as normal when emergency legislation protecting from evictions and statutory demands ends on…
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4 JuneHigh Street
MaxiSaver to open 20 more stores this year
MaxiSaver has announced plans to open another 20 stores this year, in a move that is set to create hundreds of jobs. The retailer opened eight stores throughout the Midlands since August last year with its first store in Hinckley’s Britannia Centre, creating approximately 100 jobs so far. The retailer…
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3 JuneHigh Street
Geek Retreat ‘on track’ to open 60 new stores by end of 2021
Geek Retreat has revealed that it is on track to open 60 of its planned 100 new stores on high streets by the end of 2021, creating 360 jobs around the UK. The franchise, which opened its first store in Glasgow in 2013, now has 27 stores, with the latest…
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3 JuneHigh Street
Indoor hospitality reopening fails to boost May footfall
The reopening of indoor hospitality has failed to give a significant boost to high street footfall, according to Springboard’s May figures. Springboard revealed that while footfall strengthened when non-essential retail opened in April, further gains following the reopening of indoor hospitality in May were muted. Footfall was -27.5% lower than…
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3 JuneLuxury Goods
Grosvenor takes minority stake in Roland Mouret
Property Group Grosvenor Britain and Ireland has revealed that it has taken a minority stake in Roland Mouret, the luxury womenswear designer. The deal represents Grosvenor’s debut equity investment in one of its occupier groups, further expanding the partnership between the two groups that commenced with the opening of Roland…
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3 JuneComment
The benefits of the Amazon model are overstated – it’s time for true disruption
It is undeniable that Covid jumped ecommerce into 2030. A 2021 report from Retail Economics and Natwest discovered that since the pandemic began, nearly half (46%) of UK consumers have purchased a product online that they had previously only ever purchased in store. Meanwhile 32% of consumers surveyed said they…
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