Scotland
This coverage explores retail developments and economic conditions across Scotland, featuring reporting on store openings and closures, regional sales trends, employment challenges, and policy decisions affecting the sector. Insights are tailored for retail managers and executives seeking to understand the specific dynamics shaping retail operations in Scottish markets.
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Mar- 2021 -17 MarchHigh Street
Scottish retail sales down 22% in February
Scottish retail sales for February fell by 22% against the prior year, the fourth worst monthly performance in the past year, according to the latest Scottish Retail Consortium (SRC) and KPMG figures. The SRC claimed that the fall in sales was only aided by a small but “nonetheless discernible boost”…
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17 MarchCoronavirus
Non-essential Scottish retail to begin reopening on 5 April
First minister Nicola Sturgeon announced yesterday (16 March) that lockdown restrictions affecting some non-essential retailers will be eased as soon as next month. Garden centres, homeware stores, non-essential click-and-collect services and hairdressers will be able to reopen as soon as 5 April. Most non-essential retailers will continue to be closed…
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16 MarchShopping Centres
SGS reveals host of new lease deals
SGS, the property company that manages four UK retail and leisure destinations – Lakeside, Atria Watford, Braehead and Victoria Centre – has announced a string of lease renewals, extensions and new deals. One of the deals, will see Apple renew its lease on a 5,502 sq ft space at its…
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15 MarchCoronavirus Featured Content
Covid-19 forced over 17,500 chain stores to close in 2020
More than 17,500 chain stores were forced to close last year across the UK, as Covid-19 has created one of the worst declines for retail on record. According to research by PwC and the Local Data Company, 2020 saw an average of 48 shops, restaurants and leisure venues close every…
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3 MarchGovernment
NI Executive reveals phased lockdown exit plan
Ministers for Northern Ireland’s devolved government have announced phased plans to take the country out of its current lockdown restrictions. Yesterday (2 March), the Executive agreed on a final version of the ‘Pathway to Recovery’ strategy, which will focus on reopening key areas of the economy, such as retail and…
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Feb- 2021 -24 FebruaryCoronavirus
Scotland to reopen non-essential retail from 26 April
First minister Nicola Sturgeon has announced that non-essential retailers in Scotland will be able to reopen from 26 April. Sturgeon outlined the country’s exit out of lockdown restrictions yesterday (23 February), giving businesses a timeframe of when they can expect to reopen. Scotland’s stay-at-home order is likely to remain in…
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17 FebruaryCoronavirus
Scottish retailers see business rates relief extended for 12 months
Scottish retail, hospitality, leisure and aviation businesses will pay no rates throughout the next year, under new plans outlined by finance secretary Kate Forbes. The extension is part of £1.1bn consequential funding arising from UK government coronavirus spending. Forbes, who had already announced plans for a three-month extension in her…
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15 FebruaryClothing & Shoes
Burberry to repay £6m in business rates relief
Burberry has voluntarily agreed to repay around £6m in business support to the Treasury, following the business rates holiday designed to help businesses navigate through the impact of the pandemic. According to the Sunday Times, the retailer has also repaid a £300m loan from the Bank of England, in a…
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Jan- 2021 -19 JanuaryHigh Street
Footfall continues to decline but stays above Lockdown 1 levels
Footfall across UK retail destinations declined by -10.9% last week from the week before, but has managed to stay above levels seen during the first lockdown last year. According to the latest data from Springboard, the 10% decline was less than half the drop of -27.1% in the previous week.…
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14 JanuaryCoronavirus
Scotland bans click and collect on non-essential retail
Stores in Scotland will no longer be able to provide click and collect services for non-essential retail, as the government attempts to clamp down on the spread of Covid-19. The decision which was announced by first minister Nicola Sturgeon will also see a ban on drinking alcohol outside and people…
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