It has been revealed that Amazon paid just £14.95mn in tax on its European business last year, despite making huge profits of £19.57bn and capturing a major slice of the British retail trade. The Luxenbourg-based company’s cross-border arrangements are likely to infuriate smaller and independent businesses which are currently beset from all sides by […]
Amazon escapes huge tax bill Read More »
Shopper numbers fell in the last month as consumers reined in spending on non-essential items and a wetter than average summer kept people indoors and away from both tourist hot spots and the high street. Latest figures from the British Retail Consortium (BRC) and Springboard recorded a 1.1% slip in the four weeks to
A damp month for the high street Read More »
Alan Monahan writes: Retail and consumer goods industries will change more in the next 10 years than they have over the past 40, with traditional stores undergoing a metamorphous to stay relevant as online purchases in most categories grow. But you may be comforted to hear that despite the continued increase in digital commerce, the
Retail Reflections: The future for bricks ‘n’ mortar stores Read More »
The latest addition to Edinburgh’s vibrant retail sector is proving a star attraction for tourists and locals alike. “Diagon House”, 40 Victoria Street, is a unique and immersive shopping experience that Harry Potter fans can’t get enough of. The cobbled Victorian street in Edinburgh’s Old Town, with its colourful shop fronts and variety of independent
Customers queue for Harry Potter Read More »
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