The Future of the Mall, Part 2: Why Developers and Landlords Are Finally Giving Digital the Attention it Deserves retailtouchpoints.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retailtouchpoints.com Daily Mail and Mail on Sunday newspapers.
Footfall stagnates across UK retail drapersonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from drapersonline.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
2 Min Read
LONDON, July 19 (Reuters) - Shopper numbers across Britain will rise by nearly one fifth this week versus the previous week thanks to the lifting of COVID-19 restrictions, market researcher Springboard forecast on Monday.
The British government is removing most pandemic restrictions in England from July 19, so-called “freedom day”, saying a rapid rollout of vaccines has largely broken the link between infections and serious illness or death.
The pandemic has hammered Britain’s retailers, already struggling with high rents and business taxes, tight margins and online competition. Hundreds of store closures and thousands of job losses have been announced.