Thanks to the technology boom of the early 2000s, a number of specialist electronics companies saturated the market, making the sector one of the most challenging in retail. However, due to a number of high profile administrations including Comet, HMV and... Read More
Last month it was announced that Britain has managed to avoid triple dip recession with a growth of 0.3 per cent in the economy. While this is positive news it does not necessarily mean that the troubles faced by businesses are over – in fact, figures... Read More
According to the latest report from the group's administrator, there has been little demand for JJB Sport's leasehold property portfolio. Administrators from KPMG LLP sold 20 of the group's trading stores to its major rival Sports Direct when it was... Read More
High street banking chains are faced with a difficult position at present – many face accusations of withholding lending from small businesses, while the Government is throwing substantial support behind building societies and alternate lenders in a bid to... Read More
The British Retail Consortium (BRC) and KPMG Retail Sales Monitor has revealed a disappointing drop in April sales thanks to poor weather earlier in the month coupled with continuing economic uncertainty. Like for like sales during the month fell by 2.2 per... Read More
The Portas review has begun to have an impact on the town centres of Britain, with retailers using funds from the government to repaint facades, organise events to draw in consumers and generally bring a feeling of community back to the high street. However,... Read More
Many people love a bargain and so turn to the internet when it comes to buying certain products that they have in mind. But when it comes to browsing, the internet just doesn’t seem to scratch that itch that the high street does. According to a... Read More
Three of the mutuals taken over by Nationwide during the height of the financial crisis are to be rebranded and integrated into the chain’s existing portfolio, significantly adding to Nationwide’s high street presence. However, this move could come with a... Read More
Seven towns have been rewarded for the innovative ways in which they have transformed the fortunes of their high streets. In recognition of their accomplishments, each will receive a share of the £1 million High Street Renewal Fund which was established by... Read More
The retail industry is still attempting to recover after several long years of administrations, falling profits and rock bottom consumer disposable incomes. While the struggles are by no means over yet, glints of hope such as an increase in high street... Read More