To help with the costs of the pandemic, Chancellor Rishi Sunak gave businesses a "holiday" from paying the property tax. This will continue until the end of June, with discounts in place until next year. Lord Wolfson, the boss of one of the country's most resilient brands, Next, has urged the government to cut business rates to reflect the changing marketplace.
They have become unfair because they no longer reflect the value property against which they're charged," he said, adding that the value of High Street retail properties had fallen dramatically in the crisis "but the business rates bill hasn't reflected that". Covid forced those who normally work in an office to stay at home. Pre-Covid, about , people worked in offices above shops in Oxford Street. Mr Tyrrell doesn't see the area losing out post-Covid.
While many people have become accustomed to buying online over the past year, there's one thing this mode of retail can never offer: human interaction. The next six months really are the key to understand what's going to stick post-Covid. Shipwreck and Selfridges on protected list.
New West End Company. Plenty of stores on the famous shopping street remain boarded up. Debenhams was struggling even before the pandemic. River Island has closed one of its three shops on the street. Topshop: 'I was in absolute awe at the size of the place' Shops in England can open until 10pm post-lockdown A history of the department store. Image source, Getty Images. Rain and fuel chaos kept shoppers away from the high street Rain and fuel chaos kept shoppers away from the high street.
Two-tiered recovery? High Streets struggle as one-in-seven shops sit vacant Two-tiered recovery? If you still do not have enough of the shopping spree , then you could either continue to the right at the Regent Street towards Piccadilly Circus , or turn one blocks later to the right towards the pedestrian zone Carnaby Street. Of course you can also simply continue your walk in the Oxford Street until the underground station Tottenham Court Road.
This area of the shopping street is dominated by smaller shops. But there is another huge Primark store directly opposite the entrance to the underground station. Hello, my name is Wilhelm Balint. I am the author of this web page and the face behind city-walks. I love to experience the unique atmosphere of a city during a walk. Whether crowded tourist attractions or hidden sights , every place can look beautiful with the right viewpoint!
Read more This website uses cookies. By using this website, you agree to the use of cookies. More Info OK. The Oxford Street flagship store of the British retail giant is located at the Marble Arch end of the street. The shop is divided into ranges for every customer, so you can find the collection that works for you. Selfridges opened on Oxford Street in as a ground-breaking department store and now offers over , square feet of retail space. It is the second biggest retail premises in the UK, after Harrods.
Housed in a Grade II listed building, Selfridges offers luxury fashion, beauty, jewellery, technology and great food. Finally, Primark, Oxford St West , is one of the largest Primark stores you'll find, with a huge variety of great value shopping, from fashion to homeware and beauty.
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