Tag: high street



Post Office Workers Stage Further Walkouts

Posted on 6 May, 2013 by MOVEHUT under Business News

Post Office workers have announced plans for their fourth walkout since Easter after the company confirmed plans to relocate 70 of its big high street and city centre branches to retailers. The Communication Workers Union (CWU), said the proposal to... Read More

Queen of the High Street Hits Out at Former Tesco Boss

Posted on 5 May, 2013 by Kirsten Kennedy under Business News

Mary Portas has become one of the most significant characters in the battle to save the high street, with her plan to rejuvenate town centres splitting opinions up and down the country. Like her or loathe her, she certainly stands up for what she believes in... Read More

Home Retail Posts First Argos Sales Rise in Recent Years

Posted on 4 May, 2013 by Kirsten Kennedy under Business News

In direct contrast to recent years, the first quarter of 2013 yielded positive results for the high street. This theme has continued with positive annual results from Home Retail, owners of one of the high street’s key brands. For the first time in... Read More

Greggs Bakery Chain Posts Profit Warning

Posted on 1 May, 2013 by Kirsten Kennedy under Business News

Recently, things have been looking up for the high street, with consumer confidence on the up and higher footfall rates being recorded in Britain’s town centres than has been the case for several years. However, a profits warning posted by one of the high... Read More

Labour Unveils Plans for the High Street

Posted on 27 April, 2013 by Neil Bird under Industry News

A new Labour Party policy review proposes adding a new commercial property use class and handing councils the power to locally determine permitted development rights. The first proposal is designed to halt the proliferation of certain types of premises... Read More

Sports Direct Closes 14 JJB Stores

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

When JJB Sports entered administration last year, it seemed that the already embattled high street was to receive yet another blow. However, a bid from rival chain Sports Direct meant that many of the sportswear firm’s stores would remain operational,... Read More

Branch Sales Deal Between Lloyds and Co-op Falls Through

Posted on 24 April, 2013 by Kirsten Kennedy under Business News

The proposed sale of 632 Lloyds Banking Group branches to the Co-op will no longer go ahead, it has emerged. The Co-op backed out of negotiations earlier this week, blaming the present economic situation and increasing strictness in regulations for its... Read More

Showrooming Browsers Are Killing the High Street

Posted on by MOVEHUT under Business News

Have you ever wandered into a shop, had a browse, found something you liked and checked the price online to see if you can find it cheaper? Well you are not alone. But this type of shopping is killing the high street as many retailers struggle to compete with... Read More

Next Boss Shares Bonus with Staff

Posted on 22 April, 2013 by MOVEHUT under Business News

Chief executive of Next retailer, Lord Wolfson pocketed more than £4.5m last year after a healthy increase in annual profits at the clothing and household furnishings retailer. However he has taken the almost unprecedented step for a FTSE 100 boss of... Read More

Debenhams Plans High Street Expansion

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

Department store Debenhams has announced plans for a major high street expansion despite reporting a fall in profits. In the six months to March, overall profits fell by 5.4 per cent to £120.3 million. Heavily contributing to this issue was a 10 per... Read More