Footfall to retail areas is beginning its long recovery journey and this bodes well for the June 15 reopening of those shops. Retail parks are benefiting and smaller local high streets are also seeing a boost.
Space NK's reopenings could take some time and key stores in central London are likely to remain shut for the foreseeable future. Instead, reopening high street stores near upmarket residential areas will be the focus.
One of the most interesting and impressive retail developments in the UK in recent years, Battersea Power Station, is edging closer to completion with Hugo Boss, Uniqlo and major beauty names taking space there.
Rising sales but falling profits were a feature of Space NK's latest financial year. But analysts were impressed with its overall performance as it made the most of opportunities both in stores and online.