Tag: high street



Founder Saves Optical Express from the Brink of Collapse

Posted on 29 July, 2013 by MOVEHUT under Business News

Optical services and laser eye surgery group Optical Express has been rescued from collapse by its founder, preventing the loss of 1,600 jobs in the UK and Ireland. David Moulsdale has bought all the debt that the firm owes to the Royal Bank of... Read More

Church goes Head to Head with Pay Day Lender Wonga

Posted on 25 July, 2013 by Kirsten Kennedy under Business News

During the recession, an influx of payday lenders hit the high street with a vengeance. Families struggling to pay the bills often had no choice but to take out short-term loans with high interest rates, with the result that chains such as Wonga and Quick... Read More

Amazon Penalises Customers for Small Orders

Posted on by MOVEHUT under Business News

Many people have turned to online shopping not only for ease, but also to save money. But Amazon has made a U-turn on its ‘super saver’ delivery for orders under £10, meaning many customers could end up paying more than on the high street. Amazon... Read More

Is it Crazy or Clever to Open a Christmas Shop in July?

Posted on 24 July, 2013 by MOVEHUT under Business News

When we think of July, we usually think of hot weather, a nice beach and a barbeque. But for one shop owner when they think of July, they think of Christmas shopping. Truro Cathedral Yes that’s right, a shop on the high street has opened up in Truro,... Read More

Online Retailers Attack Sales Tax Proposals

Posted on 23 July, 2013 by Neil Bird under Business News

BRC calls for end to spat with high street The bosses of a number of the UK’s biggest e-retailers have joined forces to oppose proposals to introduce an online sales tax. In a letter to the chancellor they describe the suggestion as ‘nonsense’ and... Read More

Thorntons Reports Sales Rise after String of Profit Warnings

Posted on 19 July, 2013 by Kirsten Kennedy under Business News

The retail industry has experienced a significant boost during the current heatwave, with DIY stores, garden centres and supermarkets particularly enjoying their moment in the sun. However, the hot weather has not yielded hugely positive results for all... Read More

One in Seven Properties in Business Rates Arrears

Posted on by Neil Bird under Industry News

250,000 summonses for business rates arrears have been issued by magistrates’ courts in England over the past twelve months, the Grimsey Review has discovered. This equates to roughly one in seven commercial properties, highlighting the burden of the tax on... Read More

Sainsburys Local Stores to Overtake Supermarkets by 2014

Posted on 13 July, 2013 by Kirsten Kennedy under Business News

Supermarkets have been a key aspect of British life for many years, winning over consumers who previously visited a number of smaller high street stores in their weekly grocery shop. However, thanks to the growth of internet shopping in recent years, it seems... Read More

Online Retailers move in on the High Street

Posted on 11 July, 2013 by Kirsten Kennedy under Business News

The retail industry has increasingly become one which relies on computers and smartphones rather than traditional bricks and mortar. Thanks to the variety of apps and e-tailers on offer, consumers may stock check, order and pay for items online, and can now... Read More

Portas Calls for Retail to Residential Conversions to Boost High Street

Posted on by Kirsten Kennedy under Industry News

High street guru Mary Portas has come up with another plan to reduce town centre vacancy rates and increase footfall. The latest review of the Portas Pilots scheme reveals that a consultation will take place over the next six months to examine the benefits of... Read More