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Shopping Centres adapt to Covid-19 Since the beginning of the pandemic, and the lockdowns that followed, the question being asked by real estate investors, retailers, shoppers and even local councils is - how will shopping centres survive? A retail sector already under pressure from the shift towards online shopping has been further hit by lockdowns which left non-essential shops in south west London shut for months at a time, with empty units becoming an increasingly common sight as a result. And, while the coronavirus crisis has had a major impact for all retail destinations, shopping...

Shopping Centres adapt to Covid-19 Since the beginning of the pandemic, and the lockdowns that followed, the question being asked by real estate investors, retailers, shoppers and even local councils is - how will shopping centres survive? A retail sector already under pressure from the shift towards online shopping has been further hit by lockdowns which left non-essential shops in south west London shut for months at a time, with empty units becoming an increasingly common sight as a result. And, while the coronavirus crisis has had a major impact for all retail destinations, shopping...

One in seven shops in Britain are vacant with fashion retail premises in shopping centres the hardest hit of all by repeated lockdowns, the British Retail Consortium said today. Unmasking the plight of many of Britain's once-bustling shopping hubs, the BRC report said that one in five shopping centre shops are vacant, and more than one in eight have been empty for over a year. Sky-high rental costs, business rates and the growth of web commerce have hammered bricks-and-mortar retail for years.  But the Covid-19 pandemic has accelerated the demise of a string of big-name brands, with previous...

Ransomware attacks are growing in sophistication, with bigger targets and higher costs. Read more on RaaS, TTPs and protections.

A full break-up remains unlikely, but the venerable retailer has challenges on every front