Mary Portas’ “Save the High Street” campaign might just have had the opposite effect as participating towns lost almost 1,000 shops in five years. 12 towns around the country were given a share of the £1.2 million grant as part of a Government-backed scheme headed up by the high profile retail guru, who was charged
Mary Portas Pilot Towns lose 1,000 shops in five years Read More »
Selfridges claims that the pre-Halloween launch of its Christmas window in London’s Oxford Street is a first for any department store worldwide. Some 1,000 metres of red velvet have been used for its ‘With Love From’ theme. Inflation has been blamed for a fall in UK retail sales in September. The Office for National Statistics
Retail news round-up: pre-Halloween launch of Christmas window 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 »
I was pleased to hear that the government is “committed to switching business rates indexation from RPI [retail prices index] to CPI [consumer prices index] from 2020”. More worrying is that legislation will be introduced “in due course”, so let’s hope these aren’t weasel words. The reform could save organisations £1 billion. As many large
Editor’s news round-up Read More »
Alan Monahan writes: While UK online retail sales rose a respectable 12% year-on-year in January, the gifts sector was at an eight-year high – up a staggering 62% YoY, according to IMRG and Capgemini. The average basket value (ABV) for online retailers was recorded as £85 in January – up from £79 a year earlier
Gift sales soar online; shopping frustration; time for reform Read More »
The revelation this weekend that the conservative party put aside concerns about the impact of business rates rises on the high street has prompted renewed calls for a fair deal for British retailers. The Sunday Telegraph reported on February 19 that The Department for Communities and Local Government noted retailers were being “completely clobbered”
Will concerns over business rates finally be heard? Read More »
We use cookies to improve your experience on our site. By using our site you consent to cookies.
See our privacy statement for more information
By signing up to our newsletter you agree with our privacy policy