The coronavirus pandemic has changed a lot of things, but possibly one of its longest-lasting effects will be on Britain’s high streets, with many shops closing during lockdowns. Retail Analyst Nelson Blackley talks us through how the pandemic is accerlating trends in an ever-evolving high street and for its future, Britain’s high streets need to look back.
Collapse of retail empire – which includes Topshop, Dorothy Perkins and Burton – puts up to 15,000 jobs at risk.
2020 continues to dole out the disappointment.
Businesses have used lockdown as a time to change their product offerings and move to seamless online transactions through Square.
The department store giant has told staff it plans to cut about 14% of its total headcount in the wake of the coronavirus pandemic.
Charity Scope said disabled people 'have been routinely forgotten throughout this crisis' and warned that fears around discrimination had caused 'much distress and anxiety'.
Retail sales tumbled by almost 50% over the past three months.
The proposed scheme, which has already seen success in other countries, would also see every child handed £250 by the government.
With lockdown restrictions easing, non-essential retail stores have been able to open once more, with keen shoppers queueing up to get in.
The retailer faces crisis talks, but its floral frocks and bold homeware still have a legion of fans.