coronavirus

Independents left to go bust while supermarkets and DIY giants make record sales

Garden Centre retailer, Tony Joyner, who runs Exeter store, Plants Galore, has torn up a council prohibition order to shut up shop because his local Aldi is still open and selling near-identical products. Many retailers will sympathise entirely with his predicament, despairing at the fact that supermarkets and DIY stores – long-time competitors with garden

Independents left to go bust while supermarkets and DIY giants make record sales Read More »

Shock to the retail system as shops close and exhibitions are cancelled or postponed

Whilst many British retailers have welcomed measures such as rates relief, which might just enable them to survive the trauma of closing up for months this spring, across the pond some 47,000 American stores have pulled down their shutters and virtually all US retailers have informed landlords they will withhold or slash rents. For some

Shock to the retail system as shops close and exhibitions are cancelled or postponed Read More »

Limited Government assistance for hard-hit companies

The Chancellor of the Exchequer, Rishi Sunak, has set out a package of temporary measures to support public services, people and businesses through this period of disruption caused by COVID-19. This includes a package of measures to support businesses including: A Coronavirus Job Retention Scheme; deferring VAT and Income Tax payments; a Self-employment Income Support

Limited Government assistance for hard-hit companies Read More »

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