The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9,098.00
Bid: 9,110.00
Ask: 9,114.00
Change: 120.00 (1.34%)
Spread: 4.00 (0.044%)
Open: 9,066.00
High: 9,144.00
Low: 9,008.00
Prev. Close: 8,978.00
NXT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

English shoppers face queues, limited browsing when stores reopen

Tue, 26th May 2020 13:35

LONDON, May 26 (Reuters) - Shoppers face more queuing and
limited ability to try products when England's high street
retailers, department stores and shopping centres reopen next
month after the coronavirus lockdown.

Prime Minister Boris Johnson said on Monday that outdoor
markets and car showrooms in England can reopen from June 1
followed by all other non-essential retail from June 15 if the
government's tests are met.

But the stores will look very different from how they were
when the country went into lockdown on March 23 as they will
have to observe health and safety and social distancing
regulations.

Complying with the government's guidance will bring
complexity to the trading process and higher operating and
capital costs, analysts said.

The guidance for stores, laid out in a 33-page document,
requires more cleaning regimes, queuing systems with one-way
flows and increased signage, and fewer customers in a store at a
time, with shopping with children discouraged.

The reopening only applies to England as retailers in
Scotland, Wales and Northern Ireland have to wait for guidance
from their devolved administrations.

As at supermarkets, which have traded through the lockdown,
check-out areas in English stores will have increased screening,
while store staff will wear protective equipment such as face
masks and gloves. Regular hand sanitisation will be encouraged
for both staff and shoppers.

Customers will also be encouraged to avoid handling products
whilst browsing - a particular problem for clothing retailers.

Fitting rooms should be closed wherever possible, while
goods that have been tried-on or returned by customers should be
stored in a container or separate room for 72 hours, or cleaned,
before being re-displayed on the shop floor.

"Queues outside stores, restricted numbers inside, no
ability to browse with friends, nor to try on (or possibly even
touch) clothes before the purchasing decision will all severely
detract from the shopping experience," said David Beadle of
Moody’s Investors Service.

"As such, prospects of lower revenue and additional costs
will see some retailers keep shops closed initially at least."

Clothing retailer Next said on Monday it would
re-open just 25 stores on June 15.
(Reporting by James Davey; Editing by Susan Fenton)

More News
26 Jun 2023 08:55

LONDON BROKER RATINGS: JPMorgan cuts Lloyds Banking to 'underweight'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
21 Jun 2023 12:33

Elliott mulls potential bid for Reiss - report

(Sharecast News) - Activist investor Elliott Advisors has emerged as a potential suitor for fashion brand Reiss, it was reported on Wednesday.

Read more
21 Jun 2023 11:41

Next a strong UK fashion market outfit as summer weather boosts sales

(Alliance News) - Next PLC is a "clear winner" in the UK fashion market as warm weather boosts its sales, Liberum said.

Read more
20 Jun 2023 11:28

Move over China, India & Brazil are in: TS Lombard

STOXX Europe 600 down 0.5%

*

Read more
20 Jun 2023 10:38

Citi: "Can the bullish momentum continue?"

STOXX Europe 600 down 0.5%

*

Read more
20 Jun 2023 09:35

LONDON BROKER RATINGS: JPMorgan sees negative catalysts for Ocado

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning on Monday:

Read more
20 Jun 2023 09:10

STOXX on the backfoot

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

STOXX ON THE BACKFOOT (0754 GMT)

Read more
19 Jun 2023 17:09

London stocks lag as miners slip; AstraZeneca weighs

AstraZeneca down on report of China business spin off plan

*

Read more
19 Jun 2023 16:53

LONDON MARKET CLOSE: Stocks under pressure from expected BoE hike

(Alliance News) - Stocks in London ended lower on Monday, weighed down by a disappointing post-Covid recovery in China and the increasing expectation that interest rates in the UK will keep pushing higher.

Read more
19 Jun 2023 14:13

UK's Next raises profit outlook on better weather, consumers' wage hikes

Second quarter sales up 9.3% year-on-year

*

Read more
19 Jun 2023 13:47

TOP NEWS: Next ups full-year guidance as sunnier weather lifts sales

(Alliance News) - Next PLC on Monday lifted yearly guidance after enjoying better-than-expected trading in recent weeks due to warmer weather and more consumer spending power.

Read more
19 Jun 2023 13:01

Next lifts FY sales and profit guidance, shares surge

(Sharecast News) - Next surged on Monday after the retailer upgraded its full-year sales and profit guidance following much better-than-expected trading in the last seven weeks, boosted by warmer weather and the impact of pay rises.

Read more
15 Jun 2023 09:12

LONDON BROKER RATINGS: Goldman Sachs cuts Diageo to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
13 Jun 2023 13:02

Next in the process of possibly selling Reiss stake

(Sharecast News) - High street clothing retailer Next is currently engaged in discussions over the potential sale of Reiss, the fashion chain it controls, in a deal that could value Reiss at more than £500m.

Read more
18 May 2023 18:31

IN BRIEF: Next sees sizeable opposition in vote to re-elect chair

Next PLC - Leicester-based clothing and homewares retailer - Proposal to re-elect Chair Michael Roney opposed by just under 21% of votes at annual general meeting. Next notes "significant vote against this resolution". Next will engage with shareholders and provide an update by November 18.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.