The battle of the UK supermarkets has hugely intensified since the end of the recession, with consumers now focused upon quality as opposed to seeking bargains. This has meant that Tesco, which undisputedly held the top spot in the supermarket race for many... Read More
As recently as two years ago, Argos and Homebase were struggling to overcome financial difficulties in the face of the recession, with consumers unwilling to spend on anything other than essentials. In fact, there were those who predicted Argos to become one... Read More
The Government has launched an £8m challenge to help it find hi-tech answers to Britain’s ailing high streets. The initiative — unveiled by Science and Universities Minister David Willetts — will award funds to businesses trialling innovative... Read More
High street vacancy rates fell to their lowest level in three and a half years during December according to a survey conducted by the Local Data Company. Last month 13.9 per cent of high street shops stood empty compared with 14.1 per cent in... Read More
This time five years ago, the retail industry in the UK was shaken by the onslaught of Britain’s longest ever recession. One of the earliest casualties, still regarded as one of the most shocking administrations of recent years, was Woolworths, with the... Read More
The news from the high street over the past few months has been mixed, with some reports pointing towards an improvement in trading and others suggesting that difficulties still remain. The fact is that the picture is mixed. While some locations have... Read More
Last year saw an upturn in consumer confidence as the effects of the economic recovery began to take hold. As a result, many high street chains hoped for a more profitable Christmas trading period than has been seen in the UK for several years, with brands... Read More
Demand for retail and leisure property is expected to soar in selective locations as the economic recovery gathers pace over the next 12 months. The forecast, from Jones Lang Lasalle (JSL), follows a year of more high profile high street casualties and... Read More
This Christmas, as has been the case for many before, the undisputed champion of the high street was undoubtedly John Lewis. With most of the department store chain’s outlets across the country managing to break store records in the run up to Christmas Day,... Read More
The department store chain Debenhams has suffered its second winter of disastrous trading with poor Christmas sales prompting a £30m drop in pre-tax profits. Analysts had been expecting profits of at least £110m for the six months to April, 2014. But... Read More
