Wales
This coverage highlights retail developments and economic trends specific to Wales, examining store openings and closures, regional sales performance, employment issues, and policy changes affecting the retail sector. Reporting provides retail managers and executives with insights into the unique challenges and opportunities shaping retail operations across Welsh towns and cities.
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Jun- 2020 -30 JuneCoronavirus
Reopening is ‘no magic bullet’ for retail, says BRC
Reopening is “no magic bullet” for retail, the British Retail Consortium has warned despite UK footfall improving since lockdown restrictions were lifted earlier this month. The BRC’s footfall tracker found that UK footfall decreased 53.4% year-on-year during the second week of reopening in England and NI. This is compared to…
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24 JuneHigh Street
UK footfall jumps 45% during first week of retail trading
Footfall across all UK retail destinations rose by 45% during the first week of non-essential retail reopening (15 June) compared with the previous week, according to new data from Springboard. The retail insights firm said the clearest indication of the impact of non-essential retail reopening is evident from the uplifts…
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23 JuneCoronavirus
Shoe Zone to make redundancies as 20 shops close
Footwear retailer Shoe Zone has revealed that 20 of its stores will not open post-lockdown, resulting in a number of its staff being made redundant. The news comes after the company reported a loss of £2.5m for the 26 weeks to 4 April 2020, compared with a profit of £1m…
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17 JuneClothing & Shoes
Debenhams opens 38 more stores following ‘successful’ Monday reopening
Department store chain Debenhams has announced it will reopen a further 38 stores in England, following the “successful reopening” of 50 of its stores earlier this week. Debenhams revealed that four stores have also reopened in Northern Ireland, whilst the business awaits confirmation from Wales and Scotland as to when…
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9 JuneHigh Street
Game to reopen stores across England and Northern Ireland
Game has announced plans to reopen all stores across England and Northern Ireland from Monday 15 June, in line with the latest Government guidance. The video game retailer said all stores in Wales and Scotland are ready to re-open, but will remain closed until current guidelines are lifted. Game is…
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5 JuneCoronavirus
Debenhams prepares to reopen 50 UK sites
Debenhams has announced it is preparing to reopen a 50 of its sites in England in phases from the beginning of next week. The department store announced three stores with street access will open in Northern Ireland on 8 June, including the Belfast flagship, with Debenhams’ two remaining stores in…
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May- 2020 -26 May
ScS resumes operations amid Covid-19 lockdown
ScS has announced the reopening of 80 stores across England, after temporarily closing operations on 23 March in line with government guidance. The decision to reopen was made “after carefully considering recently updated government guidelines and implementing enhanced health and safety policies and procedures, to protect our people and our…
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21 MayHigh Street
Retailers set to receive £430m worth of tax rebates
The Supreme Court has handed the embattled retail sector a £430m tax lifeline by upholding an earlier decision that cash machines are exempt from business rates. The Court of Appeal ruled in November 2018 that cash machines within existing properties – whether internal or external facing – should not be…
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18 MayCoronavirus
Shoppers remain cautious amid lockdown easing, says Springboard
Footfall across bricks and mortar destinations increased by 3.3% between 11 May and 16 May, marking a “cautious” return of footfall, according to Springboard. The latest data from the insights group marked the fourth weekly footfall increase in six weeks, but was “more modest” than the rise of 11.7% in…
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11 MayHigh Street
Trouble ahead for retail vacancy rates, warns BRC
The British Retail Consortium (BRC) and Local Data Company has said the new BRC-LDC Vacancy Monitor has revealed that the rate of store vacancies increased to 12.2% in March. The monitor also reported a 0.3% decrease in vacancy rates in shopping centres to 14.1% compared with 14.4%. The South West…
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