Friday, September 24, 2021
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Four in five retailers to suffer shop closures if government does not act on...

Survey respondents revealed that business rates had been a factor in around two thirds of stores closures over the past two years

End of restrictions ‘did not bring anticipated in-store boost’ for retail

The return of weddings at full capacity did however provide a welcome boost to some parts of the retail sector

UK retail footfall and spending hit roadblock as post-lockdown novelty wears off for shoppers

Footfall and in-store spending were down 0.4% and 0.2% MoM in July, while footfall was down almost 30% on pre-pandemic figures

One in seven shops still shuttered as vacancy rates continue to rise

Shopping centres have been worst hit with one in five units closed, while vacancies could rise further as business rates holidays come to an end

Non-essential retailers forced to keep prices low to entice customers

Fashion businesses in particular have been striving to outdo one another with increasingly low prices

British Retail Consortium declares best quarter on record for sector

Even once non-essential stores reopened e-commerce continued to thrive making for a strong combined performance

Retailers desperate for ‘shopping without restrictions’ as footfall slows in June

British Retail Consortium data revealed that June footfall was down 28% by comparison to the same month in 2019

Retail CEOs demand Boris Johnson act on ‘shocking violence and abuse’ suffered by staff

Fraser Hart and John Lewis were among 100 UK retailers to sign a letter calling for legislative changes to protect shop workers

Government pledges to make business rates fairer

Retail sector welcomed the news but said Government cannot rest on its laurels when it comes to the issue and 'must build on this first step'

‘Shocking’ rise in retail worker abuse sees one incident every minute during pandemic

A Home Affairs Select Committee report has called on Government to act in order to put an end to the 'completely unacceptable' spike in violence and other forms of abuse towards retail workers