The marketing and insights director of retail analyst, Springboard, Diane Wehrle, has reported on the latest footfall figures, saying: “In what was the second full week of lockdown across the UK footfall in retail destinations once again declined from the previous week, although the rate of decline slowed to less than half of that in
Footfall continues to drop but less stay home than in Lockdown 1.0 Read More »
Budget greeting card retailer, Card Factory, has felt the effects of Christmas lockdown with a 38.1 per cent year-on-year decline in store sales in the 11 months to December. The retail chain was forced to close for 37 per cent of the available trading days in a year “the like of which none of us
Card Factory faces £10 million pre-tax loss but remains optimistic about the future Read More »
German shops sold more in November 2020, while the unemployment rate was lower than expected over December, according to figures from the Statistisches Bundesamt (Federal Statistical Office) and the Bundesagentur für Arbeit (Federal Employment Agency). German shops reported a 5.6% increase in revenue compared to the same month in 2019 and 1.9 percent compared to
German retail sales rose 4.1 percent in 2020 Read More »
Shops in tier four towns and cities, which faced a nightmare scenario by being put into lockdown ahead of Christmas, saw footfall nosedive by 72 percent compared with the same period in 2019. In London and other large city centres across the UK, losses were as high as 81.8 percent year-on-year. The massive loss in
Tier four towns suffer 72 percent footfall crash Read More »
Fifteen areas across England have been awarded a confirmed £255 million from the Future High Streets Fund. A further 57 areas have received a provisional funding offers totalling up to £576 million and we will be working with them to finalise their proposals. The 15 places who are receiving full funding are: Tamworth Town Centre
Towns to benefit from Future High Streets Fund Read More »
On December 26, Communities Secretary Robert Jenrick announced an £830 million funding boost for high streets, to be targeted at 72 areas in England to help towns recover from the effects of the pandemic and create thousands of jobs. The funds are intended to enable the delivery of ambitious regeneration plans, drawn up by places,
Government allocates a further £830 million for Future High Streets Fund Read More »
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