Footfall to UK city centres may remain stubbornly low, but in the week that kids returned to school for the first time in many months, some adults also felt the time was right to get back to their workplaces.
A new report says many UK retailers created e-tail roles and took other digital actions during lockdown, and also that they plan to focus more on local high streets and less on city centres for their stores.
UK retail footfall continues to strengthen, although it’s still not where stores would want it to be and the return to normality will be slow. Store vacancy rates are up too, further undermining the rate of recovery.
Shareholders of under-pressure UK property firm Hammerson have voted in favour if its rescue plan that includes a right issue valued at £525 million and the £274 million sale of its stake in the VIA Outlets business
Landlords and retailers in shopping areas are pulling out all the stops to boost the physical shopping experience and this week Shaftesbury said it has linked up with Zandra Rhodes to do just that in Seven Dials.
The problems afflicting the UK high street have been illustrated by news from the Local Data Company (LDC) that showed a quarter of former BHS stores remain vacant, even though the retailer collapsed in 2016.
As digital sales become ever more important post-lockdown, more and more companies are investing heavily in the technology behind their e-tail sites and H&M's latest move in this direction is to name Alan Boehme as CTO.