Retail
The UK retail sector sits at the heart of most communities, acting as an important barometer on the health of the wider UK economy.
New retail trends are emerging all the time, and the ability to respond quickly to make the most of these opportunities is our priority.
We understand the challenges and economic pressures faced by retailers today, as well as the opportunities presented by the current climate and we have the experience and expertise to help you navigate a wide range of options for the future.
From renegotiating the terms of your lease, to entirely restructuring your business portfolio (and everything in between), we will work collaboratively across different services areas, including our restructuring, real estate and employment teams, to deal with your issues and achieve your overall objectives.
CASE STUDY
The surge in online shopping has changed the way that all retailers view and manage their real estate portfolio. Working with Harrods we supported creating a new disruptive store format called H Beauty.
Expertise
We can deal with all your legal requirements including commercial contracts, employment law and real estate, and including the following:
- Business restructuring and turnaround strategy;
- Company voluntary arrangements, liquidations, receiverships and administrations;
- Workplace contracts, policies and benefits;
- All landlord and tenant work, including variation of leases and renegotiation of lease terms, for example to introduce turnover rent.
Supporting our Retail clients
Acting for Harrods in relation to a temporary lease of an 80,000 square foot store at London Westfield following the outbreak of COVID-19 to facilitate footfall and sale of stock.
Acting for the shareholders in the sale of the digitally led retailer of home and garden products, The Garden Trading Company, to lifestyle retailer, Joules, helping Joules to broaden its product offering and strengthen its digital platform.
Related Services and Sectors
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