All High street & town centre articles – Page 14
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NewsHotel Chocolat enjoys festive high street boost as it eyes fresh UK expansion
Hotel Chocolat hailed the bounce back of the high street over the Christmas period and unveiled plans to ramp up store expansion over the next three years.
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AnalysisAnalysis: After festive footfall miracle, is bricks-and-mortar having a renaissance?
As a fuller picture of Christmas trading begins to take shape, it is emerging that retailers with stores fared better. Is bricks-and-mortar back for good, or will a new year bring new headaches?
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NewsHammerson proposes workplaces over retail at former John Lewis Grand Central store
Hammerson has submitted plans to repurpose a former John Lewis department store in Birmingham’s Grand Central shopping centre into “modern wellbeing-designed offices”.
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NewsLush hails return to high street and posts record Christmas sales
Lush reported its highest-ever trading month in December, exceeding its forecasts and beating pre-pandemic sales.
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NewsChristmas footfall highest since pandemic as strikes spur shoppers to high street
The number of shoppers visiting high streets and malls rose in 2022, but retail park numbers decreased, the latest figures suggest.
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NewsWilko secures £40m lifeline as it reshuffles non-executive board
General merchandise retailer Wilko has secured a £40m funding lifeline from noted high street lender Hilco and has announced a change at the head of its board.
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NewsUK retailers braced for subdued run-up to Christmas as footfall drops
UK retailers are braced for a subdued run-up to Christmas as the combined cold weather and rail strikes saw footfall to retail destinations drop last week.
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NewsRail strikes decimate high street recovery as footfall plummets
The second day of rail strikes this week, with the prospect of further action to come in the run-up to Christmas, has set back the recovery of stores and sent high street footfall plummeting.
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NewsMonsoon eyes new store openings as profitability recovers
Womenswear retailer Monsoon is bucking the gloom hanging over retail with plans to open new stores in 2023 after returning to profitability this year.
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NewsSuperdry boss Dunkerton in talks over potential buyout
Superdry boss and co-founder Julian Dunkerton has held talks with private equity backers with an eye to a potential buyout of the company.
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GalleryStore gallery: Inside Nothing’s high-tech Soho playground
London-based tech start-up Nothing opened its first bricks-and-mortar store on December 10.
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NewsThird of American candy stores on Oxford Street closed down
One-third of the “rash” of American candy stores operating on Oxford Street have been closed down due to illegal activity and tax evasion, according to Westminster City Council.
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NewsThe Works sales edge up despite cyber attack aftermath
Sales at The Works edged up despite an “increasingly challenging consumer environment” and the aftermath of a cybersecurity attack that forced it to close five stores earlier this year.
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AnalysisAnalysis: Is WHSmith underestimating the power of the high street?
In the same week that Primark and Marks & Spencer lauded the return of shoppers to the high street, WHSmith’s focus remains on its travel business – is it missing a trick?
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NewsRetail sales slow as customers delay spending ahead of Christmas
Retail sales slowed in October as the cost-of-living crisis prompted customers to delay spending ahead of Christmas.
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NewsNew stores recovery threatened by £800m business rates rise
The rate of store vacancies improved in the third quarter across all retail locations, but physical retail’s recovery is in danger of being held back by an £800m increase in business rates costs.
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NewsNew PM Sunak warned 10% business rates rise poses serious threat to retail
New Prime Minister Rishi Sunak has been urged to act on business rates, as the equivalent of a 10% increase next year threatens the survival of many retail businesses.
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NewsThree in four consumers to pare back spending as housing costs soar
Three quarters of consumers are set to cut their discretionary spending this winter to combat soaring costs associated with housing.
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NewsSuperdrug freezes prices on 5,000 branded cosmetics
Superdrug has promised to freeze prices on 5,000 branded beauty products to help shoppers cope with rising inflation.
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NewsFootfall drops for third straight month as cash-strapped customers stay home
Footfall to UK retail destinations dropped for the third month in a row as the cost-of-living crisis kept budget-conscious customers at home.