A recent report by the London Assembly Tories reveals that 28,889 incidents of crime against London businesses were reported to the police last year – equating to an average of 80 per day. The crimes include robbery, theft, verbal and physical assault and... Read More
Mergers between larger brands within the retail industry have become commonplace of late, with many firms concerned that the current consumer climate does not provide enough scope for large-scale profit rises when operating alone. While homeware and... Read More
With consumer confidence on the rise, and the retail industry seeing widespread recovery, administrations have slowed significantly in the past year. However, retailers which do not correctly meet the needs of consumers are still at risk – a situation which... Read More
Mergers have proven extremely profitable for a number of companies in recent years, with the lower consumer spending throughout the financial crisis prompting many to combine forces in order to gain access to a wider network of consumers and revenues. One of... Read More
Following reports that shop vacancy rates are at a four year low, the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor makes further good reading for the high street. The report shows that like for like sales in January grew by 3.9... Read More
But significant regional variations persist The high street faced its fair share of problems during the recession contributing to the number of vacant town centre properties. However, since the economy began to pick up last year there has been an upturn in... Read More
During the financial crisis, and throughout the resulting recession, many small businesses on the high street were forced to close as a result of falling footfall and low consumer spending. This led to a rise in commercial property vacancy rates, which was... Read More
As the retail industry picks up the pace of recovery and benefits from a boom in consumer spending, it has become apparent that simply offering low prices is no longer enough to guarantee bumper profits. Instead, consumers are placing greater stock on levels... Read More
A large number of the UK’s high street banks have in the past year decided to cut branch numbers, believing that this will allow them to run more efficiently and avoid another financial crisis of the type which triggered the recession. However, many... Read More
This week, three men were charged after being caught ‘stealing’ food from bins outside an Iceland store in Kentish Town. Following a public outcry the Crown Prosecution Service (CPS) subsequently dropped the charges despite an earlier claim that there was... Read More