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It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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Retail rent pressure / Ulster Bank: will it stay or will it go?
Manage episode 285210337 series 2284665
על ידי Inside Business with Ciaran Hancock התגלה על ידי Player FM והקהילה שלנו - זכויות היוצרים שמורות למפרסם, לא ל-Player FM, והשמע מוזרם ישירות מהשרתים שלכם. הירשמו כדי לעקוב אחר עדכונים ב-Player FM, או הדביקו את כתובת העדכונים באפליקציות פודקאסט אחרות.
After almost a year in an out of lockdown, many retailers have seen their premises shuttered for vast majority of the last 52 weeks. A good deal of them have managed to strike rent agreements with their landlords, but some are refusing to make concessions for the pandemic. Ciarán talks to Michael Callaghan, head of commercial finance at Carraig Donn, about how they've been handling the issue with their 42 landlords across the country and the future of the retail sector after coronavirus. They're joined by Mark Paul, The Irish Times business affairs correspondent. Plus: We could find out this week if Ulster Bank is to exit the Irish market, when its UK parent company NatWest publishes full-year results on Friday morning. Joe Brennan has the background on what’s led to this moment and the impact a wind up of the bank would have here.
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