Tag: high street



Is the Worst Over for the High Street?

Posted on 20 January, 2015 by Kirsten Kennedy under Business News

During the recession, the overwhelming focus of the retail industry was directed towards the high street and the ensuing drop in occupancy levels that occurred after the financial crisis. However, although street teams such as the Portas Pilots continue to... Read More

High Street endures worst Christmas Trading Period since onset of Recession

Posted on 14 January, 2015 by Kirsten Kennedy under Business News, Economy

Retailers were hoping that the combination of an improving economy and more optimistic consumer outlook would cause Christmas sales to skyrocket, but unfortunately this proved not to be the case. In fact, the high street endured its worst Christmas sales... Read More

Which Retailers will be top of the tree this Christmas?

Posted on 25 December, 2014 by Kirsten Kennedy under Business News

The Christmas trading period is over for another year, and retailers will now be turning their attention to totting up their totals in order to judge how well they performed during this peak season. However, before any results have even been released,... Read More

Winter Wonderland Attractions bring Festive Cheer to the High Street

Posted on 24 December, 2014 by Kirsten Kennedy under Business News

This Christmas, festive attractions have proved immensely popular with members of the public, with many consumers foregoing the opportunity to buy gifts online and instead turning to the local high street to meet their needs. As a result, experts are... Read More

Dixons Carphone reports strong UK and Ireland performance

Posted on 18 December, 2014 by Kirsten Kennedy under Business News

The merger between electrical goods retailer Dixons and mobile phone retailer Carphone Warehouse earlier this year saw two of the strongest brands on the high street unite. As expected, this has had a positive impact upon sales performance, with the newly... Read More

Mary Portas criticises Government for “Slow” Shop Action

Posted on 17 December, 2014 by Kirsten Kennedy under Business News

The Autumn Statement has been largely welcomed by retail bodies, with the much awaited review of business rates the icing on the cake of a programme of funding initiatives for small businesses. However, this week “high street guru” Mary Portas has hit out... Read More

Lunchtime Rush helps Greggs raise Profits Forecast

Posted on 15 December, 2014 by Kirsten Kennedy under Business News

With people leading increasingly busy lives, many office workers place value and speed above all other factors when looking for a bite to eat at lunchtime. This has caused profits at high street bakery chain Greggs to skyrocket, meaning that executives... Read More

Retailers warned of Cost of Early Discounting

Posted on 2 December, 2014 by Kirsten Kennedy under Business News

Retailers are this week in high spirits after a bumper Black Friday which saw the Christmas trading season get off to a strong start. Unfortunately, though, the good mood may not last long after the bells ring in the New Year and they must examine the impact... Read More

JD Sports offloads Bank Fashion Brand

Posted on 28 November, 2014 by Kirsten Kennedy under Business News

Turnaround specialist Hilco Capital made the news in the UK shortly after the recession, when its rescue of entertainment brand HMV from administration led to one of the most pivotal high street recoveries ever witnessed in this country. Now it is hoping that... Read More

Poundland plans expansion as Sales Surge

Posted on 27 November, 2014 by Kirsten Kennedy under Business News

With Christmas fast approaching retailers are gearing up for their busiest time of the year, with many hoping that the festive season will allow them to put behind the woes of a particularly poor first half. However, at discount chain Poundland it is truly... Read More