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

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: Fings ain’t what they used to be, but I’m still a sucker for trade shows

Alan Monahan writes: Were you at Spring Fair? I’ve visited since 1997 and this year it was one of my more enjoyable experiences. Old-timers complain that ‘trade shows aren’t what they used to be’. They’re not – and neither is the gift industry. The online world and fewer shops have seen to that. But at

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Editor’s news round-up

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

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