Swimming Pool

Leading retailer is optimistic about the future of Leicester’s Highcross shopping center despite going bankrupt

A receivership could be the “reboot” the Highcross mall needs, say downtown retailers. News of the centre’s situation following huge losses caused some to fear the worst for Leicester’s high street.

Readers claimed Leicester city center has lost some of its appeal in recent years, particularly following the impact of the coronavirus pandemic. However, according to some, the picture is very different for local retailers.

Dominic Gomersall, the managing director of Lumbers Jewelers in the High Street, said businesses like his depended on the success of the Highcross and dismissed any claims that his administration would mean the High Street’s demise.

READ MORE: Exclusive: Massive £60m redevelopment planned for Leicestershire County Cricket Club site

“People remain eager to experience and attendance figures for many downtown shops show trade is good. Saturday trading has re-emerged in Leicester where the variety of leisure, shopping and eating out is like nothing in Leicestershire,” he told LeicestershireLive.

The retail chief added that downtown is the “beating heart” of the surrounding county. While acknowledging the financial difficulties the center has faced, Mr Gomersall said it is still a thriving focal point for the city and believed it would only become more successful if it got out of receivership.

“This should be seen as an opportunity for a highcross reset,” he said. “Obviously if anything untoward were to happen to the Highcross it would have a dramatic impact on the town center but it’s still a very successful mall and I’m sure another company will take over.”

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button