The high street suffered immeasurably at the hands of the recession, with several well-known brands forced into administration and many more being forced to borrow large amounts of money in order to remain operational. While the worst of Britain’s economic... Read More
Sheffield cafe owner says business rates and Costa forced him out Much has been written about the difficulties facing high street retailers. This year there have been a number of notable casualties including JJB Sports, Clinton Cards and Game. A... Read More
Failed electrical retailer Comet, this morning launched a huge ‘fire sale ‘as administrators Deloitte began the process of winding down the business. A notice on the company website announces a ‘massive stock liquidation’ in which everything is... Read More
The collapse of Comet on Friday provides a stark reminder that, despite an improving economic outlook, the climate remains frosty for retailers. This year has seen a crop of leading high street names entering administration. These include JJB Sports, Clinton... Read More
The government has been warned that the proposal to postpone the business rates revaluation until 2017 is the “retail equivalent of the poll tax.” In a heated parliamentary debate MPs also questioned whether the Valuation Office Agency (VOA) was “fit... Read More
Online retailing has been one of the most successful markets during the recession, with many companies managing to offset ailing high street profits using their website counterparts. Even for retailers that base their businesses solely on the internet,... Read More
The double dip recession has taken its toll on all sectors of industry in the UK. However, while there are signs of recovery, especially in the automotive industry, it appears that the retail sector is by no means out of the woods... Read More
A recent report has revealed that town centres will need to advertise themselves as convenient hubs for picking up products ordered online if they are to flourish into the next decade.... Read More
The past few months have seen troubled retailer JJB Sports go through a great deal of turbulence in terms of the future for the business.... Read More
In the past few years, it is fair to say that major high street banking chains have somewhat fallen out of favour with the general public.... Read More
