As entire city centres risk turning into ghost towns, the government has to rethink how to protect jobs
4 years, 4 months ago

As entire city centres risk turning into ghost towns, the government has to rethink how to protect jobs

The Independent  

The wave of job losses is hitting the shore. The reason, of course, is the shift to online, which now accounts for more than 30 per cent of all retail sales, excluding fuel, up from 20 per cent pre-Covid. If the shift to online retailing is matched by the shift to working from home, then it will not just be the high streets that have to find a new role. The Financial Times reported that Merck, the US pharmaceutical giant that uses the name of MSD in Europe, is planning to expand its UK research activities in a £1bn hub near King’s Cross in London. That may not sound much when set alongside the job losses, particularly when many of those jobs are being transferred from smaller offices elsewhere in the UK.

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History of this topic

London fails to match national recovery as commuters stay away
2 years, 10 months ago

London fails to match national recovery as commuters stay away

The Telegraph  

London’s streets are still only half as busy as they were before Covid as the capital’s economy struggles to match the recovery of the rest of the country, owing to a lack of commuters. Valentine Quinio of the Centre for Cities said there were signs of a return to the office in the capital through January, but London will discover …

Retail’s battle with COVID actually saved its stores
3 years ago

Retail’s battle with COVID actually saved its stores

LA Times  

When COVID-19 erupted 21 months ago and upended retailers around the world, it looked like just another chapter in the sad story of an industry’s decline. Retail vs. E-Commerce Since Amazon ignited the online shopping era more than two decades ago, the big question has been how do legacy retailers survive? In China, one of the world’s most sophisticated retail …

Early Christmas shopping boosts UK retail sales to
3 years, 1 month ago

Early Christmas shopping boosts UK retail sales to

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Early Christmas shopping helped British …

UK retail sales fall sharply despite easing COVID pandemic curbs
3 years, 4 months ago

UK retail sales fall sharply despite easing COVID pandemic curbs

India TV News  

The UK's retail sales volumes fell by 2.5 per cent in July from June despite the easing of coronavirus restrictions, but still 5.8 per cent higher than the pre-pandemic levels in February 2020, the Office for National Statistics said. Food store sales volumes dropped monthly by 1.5 per cent in July, following an increase in the previous month when sales …

Retail footfall one-third lower than pre-Covid level despite shop re-openings
3 years, 8 months ago

Retail footfall one-third lower than pre-Covid level despite shop re-openings

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Retail footfall in April was 240.8 per cent higher …

Shoppers faced with gaps on shelves as supermarkets battle with Brexit red tape
3 years, 11 months ago

Shoppers faced with gaps on shelves as supermarkets battle with Brexit red tape

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

'It's Heart-breaking': Britons Mourn Decline of Their High Street as Stores Move Online, Some Shutter Down
4 years ago

'It's Heart-breaking': Britons Mourn Decline of Their High Street as Stores Move Online, Some Shutter Down

News 18  

Browns department store has traded from pride of place on Eastgate Street in the northern English city of Chester since 1791, selling fashion, perfumes and afternoon tea to locals and tourists visiting the historic centre. “I do a vast amount of my shopping online because you don’t have to worry about parking and you can try on things in your …

First coronavirus wave gave online retail a major boost
4 years, 2 months ago

First coronavirus wave gave online retail a major boost

Dutch News  

Online retailers booked an increase in sales of at least 55% during the second quarter of this year, as shops closed because people were urged to stay home. The popularity of online shopping also boosted postal company PostNL, which increased second quarter revenue from parcel deliveries by 28% to €516m. Online retailers outside the Netherlands also benefited from the stay …

Move to online grocery shopping during pandemic is 'irreversible' as three quarters of UK embrace it
4 years, 4 months ago

Move to online grocery shopping during pandemic is 'irreversible' as three quarters of UK embrace it

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

Coronavirus restrictions to ease but not all retailers will be throwing open the doors
4 years, 8 months ago

Coronavirus restrictions to ease but not all retailers will be throwing open the doors

ABC  

While the Queensland Government may have given non-essential shopping the green light, a number of retailers are approaching opening this weekend with caution. "We're really excited to get our stores back up and running, it'd be so lovely to see our customers coming into the store again," she said. "I think the announcement is positive, but I wouldn't expect to …

The shops are closed but we can still order stuff online. What gives?
4 years, 8 months ago

The shops are closed but we can still order stuff online. What gives?

Wired  

Those of us living in city centres during the coronavirus crisis are a little ahead of everyone else in the country. “It won’t be the end, but I think there’ll certainly be a number of stores that won’t be opening again,” says retail analyst Richard Hyman. Intu, which operates many of the country’s major shopping centres, received only 29 per …

Coronavirus sees retail sales rise in February as Australians stockpiled groceries and pharmaceuticals but clothing sales fell
4 years, 9 months ago

Coronavirus sees retail sales rise in February as Australians stockpiled groceries and pharmaceuticals but clothing sales fell

ABC  

Retail sales rose in February but the devil was in the detail, with the impact of the coronavirus pandemic already evident, and economists warning that a short-term boost from panic buying and stockpiling will not last. Key points: The ABS says retail turnover rose 0.5 per cent in February Supermarket and grocery store sales rose 1.1 per cent and department …

Britons form huge queues to purchase toilet roll and strip shelves bare as panic-buying continues
4 years, 9 months ago

Britons form huge queues to purchase toilet roll and strip shelves bare as panic-buying continues

Daily Mail  

Coronavirus panic-buying unleashed carnage on British supermarkets today as hordes of shoppers gutted the nation's food and toilet roll aisles. As the COVID-19 pandemic continued to rock everyday life for millions around the world: Ten over-60s died of the virus in the past 24 hours in the deadliest day of the UK's outbreak so far; An expert warned over 20million …

Retail sales hurt by bushfire crisis, but no sign of coronavirus yet
4 years, 10 months ago

Retail sales hurt by bushfire crisis, but no sign of coronavirus yet

ABC  

Australia's summer bushfire crisis has led to a rough start to the year for retailers but the coronavirus has shown "no apparent impact" so far, according to the latest official figures. Key points: Bushfires were the main reason for retail sales dropping 0.3pc in January It comes after a weak December, with the ABS revising the result to an even …

Outbreak brings challenges, offers future opportunities to retail sector: Survey
4 years, 10 months ago

Outbreak brings challenges, offers future opportunities to retail sector: Survey

China Daily  

A consumer buys vegetables at a grocery store in Zhengzhou, capital of Henan province, on Feb 6. The outbreak of the novel coronavirus epidemic though weighing down China's retail industry, especially brick-and-mortar retailers, also brings new opportunities to the sector, a report by the global measurement and data analytics company Nielsen showed on Thursday. Nielsen compiled research covering key retail …

UK retail sales slide in worst September since 1995, industry data shows
5 years, 3 months ago

UK retail sales slide in worst September since 1995, industry data shows

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

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