All High street & town centre articles – Page 23
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NewsNearSt 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.
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NewsHammerson 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.
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NewsSainsbury’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.
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NewsRetailers 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.
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NewsWHSmith 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.
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NewsShopping 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.
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AnalysisAnalysis: 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.
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AnalysisAnalysis: 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.
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NewsBRC 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.
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OpinionOpinion: 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.
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NewsRetail sales fall for fifth consecutive month, say ONS
Retail sales continued to fall during December, according to the latest Office for National Statistics data.
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OpinionOpinion: 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.
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NewsIkea 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.
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OpinionOpinion: 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.
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NewsShoppers shun ‘Super Saturday’ as footfall declines
Footfall during the Saturday before Christmas declined year on year according to new data.
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AnalysisFrom horsemeat to the Crystal Methodist: most memorable moments of the decade
Retail Week looks back at the most groundbreaking retail stories of the 2010s.
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NewsData: Shoppers spent £2bn on Christmas gifts during Black Friday
The struggling UK retail sector may not get the Christmas sales boost it desires, as new research shows many customers did the majority of their festive shopping during the Black Friday sales.
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NewsM&S set to downsize biggest flagship stores
Marks & Spencer is to downsize around 20 of its largest stores in expensive city-centre locations as part of its turnaround plan.
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OpinionElection 2019: Do any of the manifestos offer real hope for retailers?
No sooner had my last column hit the presses than a full complement of manifestos were unveiled.
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OpinionTOFS CEO: A CVA isn’t a quick fix – but it was right for our business
The growth in ecommerce, the much-discussed high rents and business rates, combined with lower high street and retail park footfall and rising wage costs have created the perfect storm in our industry – one that is proving very challenging to weather.