Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Oct 20, 2020

U.K. Retail Closures Paint Bleak Picture for High Street

U.K. high street closures shot up in the first half of 2020 and, as the country moves toward a second lockdown, optimism around a ‘golden quarter' for retailers in the final three months of the year is dwindling, according to PwC. Government restrictions could pose a further threat, especially in the leisure and hospitality industry, which is already struggling due to the coronavirus pandemic. Still, more than 5,000 stores opened this year -- the highest since 2017 -- offering some good news for the sector.

©2020 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search