As consumers remain wary about excessive spending, shops are increasingly lowering their prices as a means of shifting stock and encouraging customers back through their doors. This has seen prices fall for the 18th consecutive month, according to new data... Read More
The Scottish high street was one of the worst-hit victims of the recession, as the lower consumer spending power felt throughout the country was particularly pronounced north of the border. Yet fortunately, like most areas of the UK, Scotland is now beginning... Read More
Lloyds Bank has confirmed that it will close a net 150 branches over the next three years. Although the high street banking chain has not yet revealed which branches are due to close it has revealed that the first wave will occur primarily in urban... Read More
Unseasonably warm weather has taken its toll on retailers, with the milder than expected temperatures putting something of a dampener on the launch of autumn and winter collections, and adversely affecting footfall levels throughout the... Read More
Despite recent reports indicating that retail rents are finally showing signs of growth, the sector remains deeply polarised with high vacancy rates still a feature of many regional markets. However, a new initiative has been launched this week... Read More
Liverpool One — Merseyside’s prestige 170-store prestige retail complex — is playing a major part in filling dozens of empty shop units across the city, claims a new report. According to the National Retail Barometer, published by property... Read More
Although clothing retailer Next has managed to forge ahead of key rival Marks & Spencer for the first time in history, its most recent sales report has failed to live up to expectations. The unseasonably warm weather during September has seen... Read More
Last week, the news that Phones4u had been forced into administration created shockwaves and left thousands of employees fearing for their jobs. Fortunately, it has now emerged that a number of jobs will be saved thanks to telecommunications giant... Read More
As the high street recovery continues to gather pace, many retailers who struggled during the recession are finding their fortunes are slowly beginning to change. One such retailer is JD Sports which, following a much stronger than expected first half, has... Read More
Just weeks after opening of its 250th premises 99p Stores — the penny-cheaper rival to Poundland — has now set its sights on expanding its presence in the Midlands and the north of England. Launched in 2001 from a single store in London’s... Read More
