Tag: high street



Rise in Sheffield Retail Property Vacancy Rates

Posted on 10 February, 2013 by Kirsten Kennedy under Industry News

But demand increases for office and industrial space The difficulties facing the high street are familiar to everyone. However, while this is largely an issue for all towns and cities, some are struggling more than others with areas in the north feeling the... Read More

Decline of Pubs Paves Way for Coffee Shops

Posted on 9 February, 2013 by Kirsten Kennedy under Business News

The recession took a great toll on the UK, with everything from leisure properties to the retail industry struggling to bring in enough revenues to keep afloat. However, even though the economy has stabilised consumers remain wary of spending on... Read More

HMV Announces First Wave of Store Closures

Posted on 8 February, 2013 by Kirsten Kennedy under Business News

Administrators for stricken retailer HMV have ended weeks of speculation with the announcement that store closures will be taking place throughout the next few weeks. Following restructuring firm Hilco’s buyout of HMV’s mountain of debt it did seem... Read More

Stricken Jessops Saved from Fire by TV Dragon

Posted on 6 February, 2013 by Kirsten Kennedy under Business News

But will retailer return to the high street? Entrepreneur Peter Jones, famous for his role on hit television series Dragons Den, has been revealed as the successful bidder for stricken camera chain Jessops. While a “number of buyers” have managed to pick... Read More

Sheffield Big Bang Development Gets Green Light

Posted on 5 February, 2013 by Kirsten Kennedy under Commercial Developments

The retail industry has struggled greatly for the past few years, with consumer confidence falling steadily and inflation seeming to climb unendingly as a result of four years of recession in the UK. Trouble in the Eurozone has compounded the issue, with... Read More

Drop in Demand for Retail Space Causes Further Pain for High Street

Posted on 1 February, 2013 by Kirsten Kennedy under Industry News

In times gone by, the high street played a central role in the employment and social opportunities for the majority of British people. Teenagers spent most of their free time and money wandering in and out of shops, while for many people the first stop for a... Read More

H&M to Recycle Clothing in High Street Stores

Posted on 30 January, 2013 by Kirsten Kennedy under Business News

Last year, cosmetics chain Lush came under fire from various sources for a display they chose to put on in the window of a busy London store. The “shock piece” involved a volunteer being put through several ordeals common in animal testing labs and... Read More

Vince Cable Calls for Business Rates Review

Posted on 29 January, 2013 by Kirsten Kennedy under Industry News

Business Secretary Vince Cable has at last responded to calls from industry representatives to examine the benefits of freezing or lowering business rates on commercial property after learning that bill payers don’t believe they will benefit from the... Read More

Britannia Sails Away from the High Street

Posted on by MOVEHUT under Business News

Britannia may have ruled the waves, but it will not be ruling the high street anymore. The Co-operative, which owns Britannia have announced that all their stores will be rebranded as The Co-operative over the next 12 months. The rebranding will have no... Read More

Rise in Retail Employment Not Set to Last Warns Bond Pearce

Posted on by Kirsten Kennedy under Economy

With no change in Britain’s economic outlook, the looming threat of a triple dip recession is becoming increasingly likely. Three retail administrations within the first month of 2013 have added greatly to these fears, as it suggests that yet more retailers... Read More