inflation

Labour shortage and high inflation adversely affecting Dutch retailers

According to Dutch national newspaper, NU.nl, the number of retailers who stopped selling has doubled last year, meaning that high street woes aren’t confined to Britain. As NU.nl reports, several thousand entrepreneurs have given up to avoid getting into debt with the problem being exacerbated by what it describes as pressure from the labour market.

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Alarm bells ring on the high street as cost of living spirals

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Alarm bells are ringing with high street business owners as Chancellor Rishi Sunak prepares to release his Spring Statement today, Wednesday March 23. New ONS figures show that the consumer price index hit 6.2pc in February, up from 5.5pc the previous month and higher than the 6 per cent forecast in the highest annual increase

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Retail news round-up: Debenhams on the edge; In-store and online sales; Westfield is a winner

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There are concerns for the future of Debenhams as the department store chain looks set to post the biggest loss in its 240 years history – almost £500million – and gets ready to close 50 of its 166 stores. The closures may results in as many as 4,000 job losses. There is now even more

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Retail news round-up: Call for two-tier VAT system; looking for value; squeeze on non-essentials

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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

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Retail Reflections: World Cup fever; sales, footfall and staying relevant

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Alan Monahan writes: Of late, to borrow a line from The Fast Show, I’ve been mostly watching the World Cup … in my study, while working at the same time of course. Yes, contrary to popular belief, men are more than capable of multi-tasking, especially where sport is involved. Such acts of decadence are among

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Retail news round-up: consumers value independents; risky business; shoppers prefer debit cards

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Almost half (44%) of British consumers interviewed by YouGov said that the way independent retailers make them feel valued made it more likely they would shop with them. However, just 22% of those polled said they currently visit an independent retailer in the first place, with 44% of those polled stating that, compared to the

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Labour shortage and high inflation adversely affecting Dutch retailers

Alarm bells ring on the high street as cost of living spirals

Retail news round-up: Debenhams on the edge; In-store and online sales; Westfield is a winner

Retail Reflections: World Cup fever; sales, footfall and staying relevant

Retail news round-up: consumers value independents; risky business; shoppers prefer debit cards

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