Shopping centers: the trade wants a reopening schedule

Face at the closure of shopping centers and department stores over 20,000 m2 in force since Sunday, January 31, the main trade federations are asking the government to “quickly set a timetable for reopening”, considering that the “survival of thousands of stores and their jobs” is at stake. In a joint statement, the ‘Alliance du commerce, Procos, the Conseil du commerce de France, and the National Council of Shopping Centers (CNCC) want the government to “quickly indicate to companies a timetable for reopening all shops” to “avoid further weakening traders of all sizes and prevent the risk of a domino effect that is sure to [survenir] in all territories in the event of retail chain restructuring ”.

At present, “after three months of closures in 2020 and a period of disappointing sales, businesses carry a large stock of goods which increases the financial difficulties of companies, both in terms of their cash flow and their margins”. Faced with these growing difficulties, these professional federations also want to know “the terms of the economic aid that will be put in place”, after the announcement by the Minister of the Economy Bruno Le Maire that “the traders affected would all be, without exception, helped up to the consequences of this closure, ”they recall.

Today, 25,000 department stores and shops in shopping centers have lowered the curtain and “many chain stores have between 30 and 75% of their stores currently closed in shopping centers”, which also puts “at risk. ‘all manufacturers and suppliers’ of the latter. As a result, underline the employers’ organizations of traders, “several thousand employees find themselves without activity and without visibility for their jobs”. “The survival of thousands of stores and their jobs inevitably depends on their rapid reopening,” they conclude.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.