Tag: shops



Greggs posts Minor Improvement after Hot Summer eats into Sales

Posted on 13 October, 2013 by Kirsten Kennedy under Business News

The high street has struggled greatly in the past few years, with poor weather driving customers indoors and into the arms of e-tailers only exacerbating the issue of the economic crisis. As a result, chains which previously enjoyed huge success in town... Read More

WH Smith Profits Rise despite Drop in Sales

Posted on 12 October, 2013 by Kirsten Kennedy under Business News

While consumer confidence is once more on the rise, thanks to a squeeze on disposable incomes this is not necessarily translating into steeply rising sales for high street retailers, many of whom are still making losses though at a lower rate than during the... Read More

Tesco revamps Finest Range in Attempt to Win Back Customers

Posted on 11 October, 2013 by MOVEHUT under Business News

Tesco has spent tens of millions relaunching its premium Finest range in the hope of attracting more shoppers who may have stayed away after the horsemeat scandal engulfed the supermarket. Tesco bosses also hope to win business from upmarket rival... Read More

Global Retail Bosses back Stores as Growth Driver

Posted on 10 October, 2013 by Kirsten Kennedy under Business News

The boom in internet shopping has changed the face of the retail industry substantially, with many consumers choosing to order everything from clothing to groceries online. This has caused many retailers to cut back on their store portfolios and instead... Read More

Designer Brands seek to Expand Bond Street Shops

Posted on by Jodee Redmond under Top Properties

The race for space is on in Bond Street and it has led to luxury brands shelling out millions on multi-level megastores. The trend started when Louis Vuitton opened its large outlet store on the street in 2010. Chanel opened its own store on the other side of... Read More

Sheffield Council takes on Ambitious Retail Scheme

Posted on 9 October, 2013 by Kirsten Kennedy under Commercial Developments

Sheffield Council has parted with the original developer behind the city’s Sevenstone scheme and now plans to “go it alone” without entering into a new partnership. The decision follows four years of delays by property firm Hammerson, with financial... Read More

Wolverhampton Retail and Office Development Approved

Posted on by Jodee Redmond under Commercial Developments

A scheme to create new retail and office space at the interchange next to the main city centre bus station in Wolverhampton has been approved. It is anticipated that approximately 250 jobs will be safeguarded or created as a result of the scheme which... Read More

Consumers Expected to Remain Cautious in Run Up to Christmas

Posted on by Kirsten Kennedy under Economy

Traditionally, the run up to Christmas is one of the busiest times in the calendar for retailers, with a flood of consumers desperate to get their hands on the year’s must-have gifts. However, during the recession, shoppers tended to spend more cautiously... Read More

Aldi to Expand Further into UK Grocery Sector

Posted on 4 October, 2013 by MOVEHUT under Business News

Aldi plans to create 6,000 jobs this year after announcing record profits and increasing its market share. The German supermarket has pledged to open 50 new stores in the UK in 2013 after sales soared 40 per cent to £3.9bn in 2012. The retailer said... Read More

Sainsburys Sales Rise as Tesco Profits Fall

Posted on 3 October, 2013 by Kirsten Kennedy under Business News

The supermarket sector is one of the most competitive areas of the retail industry in the UK, with Tesco traditionally holding the number one spot despite stiff competition. However, if recent results are to be believed, the tide could be turning with... Read More