Retail news

• Further government support needed to save retailers, Sports Direct CFO says

  07-06-2020 16:18 via retailgazette.co.uk
  // Sports Direct finance boss Chris Wootton warns more UK high street stores could go bust if gov does not offer further support
  // He told Sky News that the UK high street was already in “turmoil” prior to the Covid-19 pandemicSports Direct chief financial officer Chris Wootton has reportedly warned that more high street shops risk going out of business without further government intervention during the Covid-19 crisis.
  The finance boss told Sky News’ Sophy Ridge On Sunday pro
  
  Read more

• Store reopenings could cause second wave of Covid-19, experts warn

  07-06-2020 15:40 via retailgazette.co.uk
  // SAGE advisers warn of second wave of coronavirus if shops cannot reopen safely
  // Each shopper will require 108sq ft space to be able to socially distanceExperts have warned that the reopening of shops could cause a second wave of coronavirus as social distancing measures may not be complied.
  Customers need 108sq ft space to be able to socially distance once stores reopen from June 15.
  The Scientific Advisory Group for Emergencies (SAGE) advisers said that stores must give each shopper at lea
  
  Read more

• After Covid we're going to need a serious urban regeneration plan | Larry Elliott

  07-06-2020 11:44
  
  The government must urgently devise a strategy to devolve both power and money to a local levelCoronavirus – latest updatesSee all our coronavirus coverageEven before the arrival of Covid-19, the future for Britain’s high streets looked bleak. For at least two decades there has been talk of how town centres need to be rethought. The pandemic has made the need for action critical.The next few weeks are not going to be a problem. Consumers, having been cooped up for so long, will be ou
  
  Read more

Follow @retailuknws on Twitter!