Tag: shops



High Street Closures fall to Five Year Low

ID:99270041
Posted on 16 October, 2015 by Kirsten Kennedy under Business News

During the past year, the High Street recovery has taken huge steps, with the first half of 2015 seeing shop closures fall to their lowest level in five years according to a new report by PwC and the Local Data Company (LDC). However, rather than this being... Read More

Rent hike warning for Dublin Retailers

Rent-hike-warning-for-Dublin-Retailers
Posted on 23 September, 2015 by Cliff Goodwin under Business News

Retail rents on Dublin’s Grafton Street — once the fifth most expensive main shopping street in the world — are likely to rise by more than 15 per cent, a global real estate services provider has warned. Fuelled by a growing trend in... Read More

French Connection announces Store Closures as Losses Mount

ID:81119396
Posted on 21 September, 2015 by Kirsten Kennedy under Business News

Despite the upturn in the economy fashion has continued to lag behind in terms of recovery in the retail sector. For the vast majority this has seen profits climb only minimally, but others are facing a much more perilous situation – including French... Read More

Property Write Down leads to £51 million Loss for Ladbrokes

Property-Write-Down-leads-to-51-million-Loss-for-Ladbrokes
Posted on 11 August, 2015 by Kirsten Kennedy under Business News

As High Street bookmaker chains continue to struggle against rising gambling taxes and gaming machine duty, Ladbrokes has confirmed that the gap between itself and sector leader William Hill has widened further during the first half of the calendar year.... Read More

Smartphone Shoppers boosting High Street Fashion Sales says BRC

Happy woman holding shopping bags smiling and holding cell phone
Posted on 1 May, 2015 by Kirsten Kennedy under Business News

As retailers continue to embrace omni-channel methods, they are beginning to reap the benefits with a corresponding boost in sales. While competition from online retailers such as ASOS and Amazon continues to be high, initiatives such as click and collect... Read More

Shop Vacancy Rates fall to Five Year Low

Shop-Vacancy-Rates-fall-to Five-Year-Low
Posted on 9 April, 2015 by Kirsten Kennedy under Business News

Shop vacancy rates fell to their lowest level in five years last month as increased consumer confidence translated into greater stability in the retail and leisure sectors. According to figures compiled by the Local Data Company (LDC), the number of... Read More

Easter Eggs at centre of Supermarket Price War

Easter-Eggs-at-centre-of-Supermarket-Price-War
Posted on 2 April, 2015 by Kirsten Kennedy under Business News

The supermarket price war has dominated the grocery industry for the past few years, with retailers increasingly attempting to gain an advantage over their cut price rivals including foreign import brands such as Aldi and Lidl. The latest manifestation of... Read More

UK’s “Unhealthiest High Streets” Revealed

UKs-Unhealthiest-High-Streets-Revealed
Posted on 26 March, 2015 by Kirsten Kennedy under Uncategorised

No-one, least of all landlords, likes to see empty shops blighting the high street. However, many of the occupiers taking up space around the country are not contributing to the overall health of local communities, a new study into the country’s... Read More

Landmark Coventry Department Store on the Market

Landmark-Coventry-Department-Store-on-the-Market
Posted on 28 February, 2015 by Cliff Goodwin under Commercial Sales and Lets

A Midlands city is seeing its biggest retail sell-off in more than three decades after a landmark department store was put on the market with a reported price tag of £2.5m. The Heart of England Co-operative Society — one of the country’s oldest... Read More

Ladbrokes to close 60 Shops as ‘Regulatory Headwinds’ send a Chill through Sector

Ladbrokes-to-close-60-Shops-as-Regulatory-Headwinds-send-a-Chill-through-Sector
Posted on 27 February, 2015 by Kirsten Kennedy under Business News

During the recession bookmakers were one of the few high street success stories, preventing shop occupancy levels falling even further.  Subsequently local authorities have sought to use planning regulations to halt their proliferation amid fears over... Read More