All High street & town centre articles – Page 20
-
Analysis
Budget: Coronavirus dominates as chancellor breaks out cheque book
In a challenging economic climate dominated by uncertainty over coronavirus, the new chancellor took action to protect business – but business rates reforms have been delayed. Retail Economics chief executive Richard Lim examines the detail.
-
News
Interest rates slashed in emergency move ahead of budget
The Bank of England has this morning announced an emergency cut in interest rates in a bid to shore up the faltering economy hit by the gathering coronavirus outbreak.
-
News
Retail sales growth hampered by storms, says BRC
Retail sales in February were hampered by three named storms during the month, according to the latest BRC-KPMG retail sales monitor.
-
News
Storms wash away gains in February as footfall declines across the board
Three named storms brought record rainfall to the UK during February, driving footfall down and wiping out some of the modest gains made at the start of the year.
-
News
BRC criticises government over business rates recommendations snub
The BRC has criticised the government’s response to the Treasury Select Committee business rates inquiry, saying the recommendations appear to have “fallen on deaf ears”.
-
News
NearSt clinches £2m in new funding from investors
Retail tech start-up NearSt has raised £2m in seed funding from a number of investors, as the Google-backed business looks to drive more footfall to bricks-and-mortar stores.
-
News
Hammerson creates new exec role to drive mixed-use strategy
Institutional landlord Hammerson has created a new executive role to drive forward its City Quarters strategy, which will look to diversify the group’s portfolio away from its reliance on retail.
-
News
Sainsbury’s, Frasers and Shoe Zone plead for business rates reform
The bosses of Sainsbury’s, Frasers Group and Shoe Zone have piled further pressure on new Chancellor Rishi Sunak to reform the business rates system.
-
News
Retailers write to chancellor over £500m transitional relief loss
Chief executives from more than 50 retailers have written to the chancellor calling for action on business rates reform, after it emerged that over £500m has been lost in transitional relief since 2017.
-
News
WHSmith calls for rent payment shake-up for high street stores
WHSmith has called for landlords to review its high street rental agreements following tough trading conditions.
-
News
Shopping centre footfall increases for first time in three years
Shopping centre footfall climbed for the first time in almost three years during January as experts hailed “the start on the road to recovery” for the retail destinations.
-
Analysis
Analysis: Will corporation tax save the high street? Don’t bank on it
Following reports that the Retail Sector Council (RSC) was preparing to recommend an increase in corporation tax to fund a cut in business rates, Retail Week discovers it’s far from a done deal.
-
Analysis
Analysis: No Brexit bongs, but alarm bells could still ring for retail
As the UK leaves the EU tonight, Retail Week looks at what the next 11 months and beyond hold for the retail sector.
-
News
BRC slams latest government proposals on business rates relief
The BRC has criticised the government for not doing enough to support the UK high street, after it proposed increasing retail business rates relief but not the threshold at which it would be available.
-
Opinion
Opinion: Don’t drown your sorrows, there are lessons to learn from pubs
As another retailer collapses into administration, this time 140-year-old department store business Beales, perhaps store chains can learn lessons from another industry that has been through the mill.
-
News
Retail sales fall for fifth consecutive month, say ONS
Retail sales continued to fall during December, according to the latest Office for National Statistics data.
-
Opinion
Opinion: If Flybe deserves a break, why doesn’t retail?
As it emerged that regional airline Flybe was in trouble, ministers scrambled into action to keep the business flying.
-
News
Ikea to open first UK city-centre store format
Ikea has unveiled plans to open a new smaller store concept as part of its plans to make the homeware giant more accessible.
-
Opinion
Opinion: The 2010s, the decade when retailers started to listen
The last decade saw many famous retailers go out of business. Names that we grew up with are no longer with us.
-
News
Shoppers shun ‘Super Saturday’ as footfall declines
Footfall during the Saturday before Christmas declined year on year according to new data.