As an incentive for people to shop in person and for online retailers to lease physical stores, international property firm Colliers International suggests that the government should create a two-tiered VAT system where shoppers would be charged 15% for purchases in stores and 22.5% for online transactions. Meanwhie, Tesco chief executive David Lewis has again […]
A survey by the Nottingham Building Society has revealed that 46% of shop owners blame the closure of local bank branches in the last three years for damaging their businesses, while 24% said it contributed to them going out of business within the last five years. Retailers are also being hit by lower footfall, with
Alan Monahan writes: A month ago I mentioned in my column that the British Retail Consortium was calling for a two-year freeze on business rates. Helen Dickinson, its chief executive, has now reopened discussion about the outmoded tax system and the woes of our industry. She doesn’t believe that a successful transformation can be achieved
Retail Reflections: Why small retailers matter Read More »
Last year online retail sales were up 12.1% on average year-on-year, but it can be difficult for buyers and sellers to know where to begin in the huge online marketplace that includes vast ecommerce businesses like Amazon, Alibaba and eBay. To help inform and inspire where to begin, Journalistic.org recommends some online marketplace alternatives. To
Alternatives to Amazon for buying and selling online Read More »
Alan Monahan writes: I was on the way home from Harrogate when I realised that the sharp, stabbing pain in my lower back signalled that I would probably be forced to make a hasty return. Confirmation came quickly. Stopping the car and fishing in my back pocket I found my hotel room key. Stupid boy!
Retail Reflections: Buyers and sellers gear up for Christmas; What Amazon Can’t Do Read More »
June’s good weather resulted in a marginal year-on-year improvement in footfall across the nation’s high streets, delivering the second month of consecutive growth since November 2017. However, retail parks and shopping centres have had ‘an altogether more difficult time’. The overall trend of fewer visits to bricks and mortar stores remains, said British Retail Consortium
Retail news round-up: Footfall and sales; Boost for NEC; John Lewis ‘pilot stores’ Read More »
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