Such a shame 😢
Another major store has shut in Nottingham city centre following a string of closures in the city. Three mobile store has shut up shop on Albert Street in another blow to the area.
East Midlands Chamber chief executive Scott Knowles said: “The direct impact of the pandemic on bricks-and-mortar retail is visible in many cities across the country, and in Nottingham the industry’s struggles have been exacerbated by interrupted development of the former Broadmarsh Centre. “Swift progress in this regeneration project will be crucial in giving investors the confidence to back Nottingham and for businesses to move into vacant units, but recent high street trends also highlight why we must be imaginative in how we envision our future city centres – moving away from a reliance on retail and creating a place to live, work and spend our leisure time.”
He is determined to put an end to high rents and long leases that landlords have previously demanded in the city, by making the units more affordable, with shorter lease periods. ALB have purchased 11 units on Bridlesmith Gate and Lister Gate in an effort to restore quality shopping in Nottingham.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Major new store being built at retail parkIt will have a wide range of products available for shoppers
Read more »
Drama for Glickenhaus, Aston in major crash in Monza WECGlickenhaus’ challenge for a maiden FIA World Endurance Championship win crumbled in spectacular fashion with a mechanical issue at the beginning of the fourth hour, just after racing resumed following a major crash for an Aston Martin GTE car.
Read more »
Major striking new sign appears on city's Broad Marsh siteIt is part of the regeneration of the site
Read more »
Major Water Leak In Commons Chamber Puts Business On HoldThe Palace of Westminster is in a state of disrepair and urgently needs restoration works.
Read more »
Major development set to create more than 500 jobsThe plans look to build an employment space of just under half a million sq. ft.
Read more »