Whiteley, Hampshire’s newest retail and leisure destination, has enjoyed a bumper first month’s trading. Since its official opening, on 23rd May, more than 750,000 visitors have shopped at the 320,000 sq ft scheme including a huge 48,000 on the launch day... Read More
It was only a few weeks ago that high-end furniture retailer Dwell entered administration after a period of sustained financial difficulties. Along with leaving the future of its employees highly uncertain, the company also enraged consumers by... Read More
But it’s bad news for insolvency practice There is good news for the high street this week as new figures from Deloitte show that the number of retailers entering administration fell by a third in the first six months of the year. But while the news will... Read More
Since the demise of JJB Sports, rival chain Sports Direct has been growing both its market share and commercial property portfolio. Chief executive Mike Ashley, who also owns Newcastle United Football Club, has increased the worth of the chain several times... Read More
While consumer confidence has grown in recent months, and May yielded the most positive sales results seen since records began, many stores are still suffering from the problems caused by the poor weather seen earlier this summer. There are concerns that the... Read More
With the economy finally showing signs of improvement shoppers are once more hitting the high street in earnest once more. Despite the fact that inflation remains a little high, the wealth of offers and promotions being rolled out by both commercial... Read More
While the stream of retailers entering administration has slowed greatly since the start of the year, largely due to a boost in consumer confidence, the retail industry is by no means out of the woods yet. This has been made startlingly apparent this week... Read More
Majestic Wine is defying the high street slump, as strong trading in more expensive wines helped offset a slow start to the year. The off-licence group has said sales to “commercial” customers were up 13.6 per cent in the year to April 1. Chief... Read More
During the recession, luxury brands such as Burberry struggled to draw in the crowds as consumers cut back on all but essentials in a bid to save money. However, surprisingly, the one area of the luxury market which remained resilient throughout was Health... Read More
Iconic British toymaker Hornby has posted annual losses, 150 years after the birth of its founder Frank Hornby. The firm, which also owns Corgi and Airfix, posted a pre-tax loss of £3.4 million in the year to March, blaming problems in its supply chain and a... Read More
