Closed UK shop, Boden, with Covid-19 messages Photo by John Cameron on Unsplash

Report: worse to come from Covid-19; retailers despair or adapt

UK retailers experienced a drop in footfall of around 60% in the second week of March, following warnings about the coronavirus outbreak – with worse set to follow, according to new figures from analyst CACI. However, the group predicts that more agile retailers will eventually emerge from the crisis with an advantage. A survey by the group has found that the vast majority of consumers (86%) have made changes to their non-food shopping behaviour, though there have been geographic differences to the response. The research was carried out before the latest restriction…

Read More
Frankfurt Am Main skyline -- Wikipedia

European property market survey tips recovery in 12 months

In Europe, a majority of 75% of real estate professionals expect positive performance of real estate to return in 12 months. That is the combined verdict of over 840 people so far who have responded to PropertyEU/NL Market Barometer in the face of the coronavirus pandemic. Key findings to date include that over 90% of professionals across Europe have currently switched to working from home. The majority also says Covid-19 has made their day-to-day tasks and responsibilities more challenging, rating it as a ‘7’ on a scale of 1-10 (10 being incredibly challenging). Less than 1%…

Read More

AMC top exhibitor, after a year of ‘fevered M&A activity’

Box Office Pro releases annual survey of the top 50 exhibitors in the domestic market. It might not have been a record year, but few will complain that 2019 finished as the second-highest-grossing year on record at the domestic box office. The North American market—constituting all screens in the United States, Canada, and associated territories—brought in $11.4 billion in a dramatic year marked by M&A across the distribution and exhibition landscapes. Disney’s acquisition of 20th Century Fox was completed in the year’s first quarter, helping catapult the studio to a historic $4.3…

Read More