Potential new retail developments have seen a drop in planning applications, according to a recent report by EMW. In 2015, there were 6,700 applications for new shop builds, compared to 7,360 in the previous year. The lack of applications has seen a... Read More
Last year, the Government announced a review into the business rates system after widespread calls for an overhaul of commercial property tax. This week, the long awaited review has finally been launched and the results are expected to be announced in time... Read More
Despite recent reports indicating that retail rents are finally showing signs of growth, the sector remains deeply polarised with high vacancy rates still a feature of many regional markets. However, a new initiative has been launched this week... Read More
During the recession, charities struggled due to a lack of donations from cash strapped consumers, with many relying upon their high street shops to ensure those in need received suitable help. Fortunately, with the economic recovery in full swing,... Read More
Campaigners in a Cornish town appear to have failed in their bid to prevent the opening of a Costa Coffee branch in a vacant shop. Independent traders in Launceston hoped to emulate the success of Totnes, which won its fight to keep out Costa two years... Read More
But regional variations persist With the latest data from the British Retail Consortium (BRC) showing a positive upturn in non-food sales, many retailers are taking advantage of this improved consumer confidence to expand their operations and move into new... Read More
Vacancy rates have played a huge role in the decline of the high street, with both independent and chain retailers abandoning their premises under the tough economic conditions. Faced with competition from out of town retail parks, where free parking and... Read More
Last week, Movehut revealed that future plans for the high street are causing controversy between local authorities and the government. Under new legislation, empty shop units on the high street could be turned into affordable housing without the requisite... Read More
It has been a year since Queen of Shops Mary Portas was asked for her suggestions to turn around the poor performance of the nation’s town centres. Following Ms Portas’ review, 12 towns across the country were awarded the status of “Portas Pilot... Read More
Nearly one in five shops in Wales now stands vacant following a disappointing spring for retailers as many shoppers escaped the cold weather by staying at home. The latest data from the British Retail Consortium (BRC)/Springboard Retail Footfall... Read More
