Reports | OzSeeker

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

25th March 202025th March 2020 Esential Retail

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…

European property market survey tips recovery in 12 months

21st March 202021st March 2020 Property EU

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%…

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

7th February 20207th February 2020 OzSeeker

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…