The Centre
This coverage examines retail activity and developments at The Centre, providing insights for UK retail executives, managers, and brand professionals. Reporting includes store openings and closures, investment and redevelopment projects, marketing initiatives, and the performance of retailers within this shopping destination. The analysis helps professionals assess opportunities, challenges, and consumer trends shaping The Centre’s retail environment.
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Feb- 2021 -18 FebruaryHigh Street
850 retail jobs lost a day so far in 2021
New research has found that 850 retail jobs have been lost every working day so far in 2021, with experts warning that this could be just the “tip of the iceberg”. Analysis from The Centre for Retail Research has revealed that administrations by large multiple retailers, those with 10 or…
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4 FebruaryProperty
Retail landlords charged nearly £1bn in rates on empty shops
Retail landlords have handed over almost £1bn to English Councils in business rates since the onset of the pandemic despite the current holiday, research from the Altus Group has found. The government, which has invested more than £280bn in business support during the last year, gave premises in those sectors…
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Jan- 2021 -22 JanuaryAdvice
Don’t relapse into a brick-and-mortar mentality
Despite vaccines being rolled out and there being some semblance of light at the end of the tunnel, the situation for brick-and-mortar stores this year remains bleak. In-store retail continues to struggle and according to a recent report from The Centre for Retail Research, up to 200,000 in-store jobs could…
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Jun- 2020 -22 JuneComment
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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Jan- 2020 -27 JanuaryHigh Street
10,000 retail jobs lost in 2020
Almost 10,000 retail jobs have been lost in 2020 amid a “torrid” start to the new year, according to the Centre for Retail Research. The research group revealed that 9,949 jobs have been lost in the first three weeks of 2020, amid store closures at Debenhams, GAME, HMV, Arcadia and…
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Jul- 2019 -1 JulyAdvice
Retail doesn’t need a level playing field, it needs nurtured players
Barely a day goes by without another news story about a high street name in trouble. There’s no doubt that the Great British High Street is undergoing a tumultuous period. But there’s still a lot of debate about what precisely underlying cause of these issues are. Much has been made…
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Jun- 2019 -17 JuneEconomy
20,000 shops gone from high street since 2010
Since 2010 more than 20,000 shops have “disappeared” from high streets and the communities that they once served, according to the real estate advisor, Altus Group. Analysis of official government data by Altus Group revealed that between 2010 and 2019, 20,143 shops in England and Wales – liable for business…
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Aug- 2018 -16 AugustAdvice
How the theory of evolution will be the difference-maker for retailers
An estimated 9,500 retail shops are due to close this year and according to The Centre for Retail Research, 20,000 store jobs are set to disappear by 2020 – on top of the 150,000 that have gone since 2016. And that’s just in the UK. Elsewhere in Europe, closures aren’t…
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Jan- 2018 -29 JanuaryNews
1 in 4 jobs at risk of being replaced by robots in the North
Northern and Midlands cities will be more exposed to job losses as the rise of robots continues, according to a new survey. The Centre for Cities is warning that national and local leaders should act now to prepare people and places for the changes ahead. Automation and globalisation will boost…
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