Legal advice for the retail sector
At Royds Withy King, we have been working with some of the biggest and fastest growing retailers in the UK and abroad for more than three decades. We have a fundamental understanding of the unique challenges and needs of retailers in both good times and bad, having worked in most retail sub-sectors, including fashion, jewellery, food, furniture, toys and general merchandise.
Our in-depth knowledge of the sector and our links with many other professional advisors mean that we are well placed to help both large and smaller retailers with a fast, comprehensive and personal service at a competitive price.
Our multi-disciplinary team will work with you and advise on whatever issues your business is facing, whether it’s managing your store portfolio effectively, dealing with employee issues with minimal disruption to your business, settling property or construction disputes, putting in place and enforcing commercial contracts, protecting your brand or ensuring you comply with the current consumer data laws.
Retail is facing enormous change and astute legal guidance is key to sustaining success. We invest time in getting to know you and your business; understanding the commercial context of your operation.
With us by your side, you will not only know where you stand but where you are going next and how you will get there.
We act for some of the biggest retail brands
“We have been working with Royds Withy King for over forty years and rely on their pragmatic approach, commercial awareness and technical know-how to effectively manage our substantial property portfolio.”
Estates & Acquisitions Manager Monsoon Accessorize
Our Retail team are extremely responsive and we act for an impressive roster of national and international branches including;
The Monsoon and Accessorize brands
We provide them with advice on their employment, property, corporate, dispute resolution and intellectual property needs. We also have considerable experience of negotiating and dealing with large scale institutional landlords having placed clients in almost every major shopping centre in the UK.
We understand the retail sector and the pressures it faces
There is likely to be a close correlation between the outcome of Brexit negotiations and the overall health of the retail industry.
- Employment advice e.g. immigration, work visas and new contracts
- Business restructuring – corporate advice
- Logistics contracts may need reviewing
- Property – number and location of premises may need to be re-evaluated.
Retail is one of the industries likely to be hardest hit by GDPR.
- Interpretation and implementation of the regulations
- Full data audit and point of sale data capture
- Dealing with freedom of information requests
- Supplier agreements will need to be checked and updated
- Customer data collection terms and conditions e.g. for loyalty cards
- Employee data implications and issues
- Risk of litigation and disputes.
Clicks v Bricks
Many retailers are struggling to maintain sufficient margins through traditional shop sales in the face of competitive advantage from online sellers. Rising business rates, employment costs, increased online spending, squeeze on household budgets and global tax efficiencies are just some of the pressures facing the retail sector.
- Property portfolio management
- Increased use of CVAs by tenants to minimise rent obligations
- Business restructuring
- Supplier contracts
- Employment issues.