After 50 years on British high streets Paperchase is on the brink of falling into administration, after a very difficult year for the specialist greetings card and stationery retail chain. The second lockdown in November was a bitter blow for the retailer, which makes a large proportion of its sales in that month. Along with
Paperchase faces administration Read More »
Chancellor Rishi Sunak has announced £4.5 billion will be made available in new grants for businesses required to close due to the national lockdown restrictions. The new one-off grants come in addition to billions of existing business support, including grants worth up to £3,000 for closed businesses, and up to £2,100 per month for impacted
Chancellor announces £4.6 billion in new lockdown grants and 100 percent rates relief Read More »
Responding to news that the French border with the UK has been closed, Andrew Opie, Director of Food & Sustainability at the British Retail Consortium, said: “The closure of France to UK traffic, including accompanied freight poses difficulties for UK capacity to import and export key goods during the busy Christmas period. While goods can
BRC responds to closure of French Border and T4 lockdown Read More »
European home interiors and furniture brand Made.com, has announced that after consistent growth over the past ten years and cumulative sales of £billion, all its 650 staff will be given a stake in the business. With the exception of senior management, staff will receive the same number of share options over the next three years,
Made.com to share profits with staff Read More »
The independent retail sector is in line for a £3.5 billion spending boost, after new research by Bira and Starling Bank has shown that 66% of Brits plan to shop locally this Christmas. The UK is home to more than 400,000 independent stores. When asked why they would opt to buy locally this year, more
Indies set for £3.5 billion spending boost Read More »
There has been a boom in websites and developers supporting local British retailers throughout the lockdowns, with swathes of fantastic community initiatives springing up around Britain and beyond. The British Independent Retailers Association (Bira) is working on a nationwide local shop site. Bira CEO, Andrew Goodacre says the site will “enable retailers to effectively sell
Nimble indies survived by pivoting online to beat lockdown Read More »
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