With the advent of online shopping, traditional high street retailers came under attack from a new generation of rivals. Consumers can now order games, DVDs and CDs from the comfort of their own homes rather than trek around the shops, with their purchases... Read More
Shoe Zone, which acquired Stead and Simpson in January 2008 has announced that it will be closing 90 of their 227 high street stores. The locations of the closures have not yet been announced, but it is understood that around 500 staff will lose their... Read More
Charities and commercial property landlords in Wales will suffer if a proposed cut in business rates relief is approved by the Welsh Assembly - A recent review of the rating system suggests cutting relief on charity shops from 80 per cent to 50 per cent and... Read More
With only a few shopping weeks left until Christmas, consumers have entered into a festive frenzy in order to purchase all their gifts before the day arrives. Yet, due to the boom in popularity of internet shopping, it appears that shoppers wish to be more... Read More
New Look is moving away from teenage fashion and aiming at a more mature customer, as its eyes a return to pre-tax profit and a refinancing of its £1bn of net debt. Chairman Alistair McGeorge, said the fashion chain, owned by private equity groups Permira... Read More
The past few years have been tough for the retail industry, with poor economic conditions ushering in a lull in consumer spending. Add the rise in popularity of internet shopping and the burden of business rates and it’s hardly surprising that... Read More
Even if you don’t have a Facebook or Twitter account, you will more than likely know someone who does. So given that the majority of the UK population are connected in some way or another, should High Streets be utilising this technology more than they... Read More
The summer trading season ushered in a period of hardship for many retailers. The unseasonably wet weather, combined with the excitement of the summer of sport centred around London, meant that consumers were largely distracted and thus unwilling to brave the... Read More
The face of the high street has changed greatly in recent years, as traditional retail chains abandon it for out of town shopping centres and the internet. In their places bookmakers, pawn shops and discount stores have sprung up – all three which have... Read More
With Christmas fast approaching, retailers are preparing for an influx of consumers hitting high streets nationwide over the next few weeks. The traditional Christmas rush usually begins in October and lasts through to the January sales – something that... Read More
