Tag: Retail Sector



EU Directive to have Big Impact on Retail Industry

Posted on 1 February, 2014 by Kirsten Kennedy under Business News

UK retailers have faced a number of challenges in recent years, with competition from online brands and the rising cost of business rates compounding financial issues caused by the longest recession in recent history. Yet while these issues are now gradually... Read More

Retail School established to create £100m Companies

Posted on 23 January, 2014 by Kirsten Kennedy under Business News

With the high street recovering but still not out of the woods by a long way, ministers continue to seek ways in which small retailers and trade bodies can receive additional support to ensure the success of their businesses. However, it is not only the... Read More

Warehouse Store Plan to Revitalise Walsall Retail Park

Posted on 22 January, 2014 by Kirsten Kennedy under Business News

During the recession, a wave of administrations in the retail industry led to widespread store closures and contributed significantly towards high vacancy rates across the country. However, with business confidence now on the rise and a large number of... Read More

ONS claims Small Retailers are Leading Economic Recovery

Posted on by Kirsten Kennedy under Economy

This time last year, many of the surveys and studies coming from the retail industry showed that small retailers were struggling to keep their heads above water. High business rates, increasing utility bills and low consumer confidence all contributed to the... Read More

Mountain Warehouse to Expand Store Portfolio in 2014

Posted on 17 January, 2014 by Kirsten Kennedy under Business News

Tourism in the UK has taken off in recent years, with the favourable economic conditions and strengthening infrastructure attracting backpackers and holidaymakers seeking luxury alike. Many are seeking the shopping scene and historical attractions in... Read More

Harrods to Close World Famous Pet Store

Posted on by Kirsten Kennedy under Business News

Harrods is one of the best known names in the retail industry, with an illustrious history of selling luxurious goods to the rich and famous. However, one of the most adventurous aspects to the London store is soon to come to an end, as by February the famous... Read More

Retail Spending boosted by Tourism in December

Posted on 16 January, 2014 by Kirsten Kennedy under Business News

Many retailers in the UK have been left disappointed by the Christmas trading period, with chains such as Tesco, Morrisons and Debenhams forced to readjust their annual profits forecast due to a somewhat lacklustre December. However, in key tourism... Read More

Small Suppliers Squeezed as Leading Retailers take Longer to Pay Up

Posted on by Kirsten Kennedy under Business News

Small firms in the UK have taken great steps towards recovery since the end of the recession, with an upturn in both consumer and business confidence driving growth and demand. However, this recovery could be somewhat limited should the current trend of late... Read More

2.2 per cent Plunge in Year on Year High Street Sales Reported

Posted on 9 January, 2014 by Kirsten Kennedy under Business News, Economy

The news from the high street over the past few months has been mixed, with some reports pointing towards an improvement in trading and others suggesting that difficulties still remain. The fact is that the picture is mixed. While some locations have... Read More

Plans for O2 Designer Outlet Revealed

Posted on 8 January, 2014 by Kirsten Kennedy under Commercial Developments

O2 Arena owners AEG Europe have this week revealed plans to establish a 100 unit designer outlet centre to neighbour the iconic entertainment venue, on the scale of market-leading Bicester Village in Oxfordshire. Talks have now begun with property firm Land... Read More