Tag: Empty Shops

Retail industry sees decline in new shop planning applications

Retail industry sees decline in new shop planning applications
Posted on 25 July, 2016 by Editor in Chief under Business News

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

Business Rates Review launch coincides with rise in Empty Shop numbers

Posted on 17 March, 2015 by Kirsten Kennedy under Business News

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

TestTown initiative seeks to tackle High Street Vacancy Rates

Vacant retail shop to let
Posted on 14 October, 2014 by Kirsten Kennedy under Business News

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

MPs keep Charity Shop Tills ringing

Posted on 28 August, 2014 by Kirsten Kennedy under Business News, Economy

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

Cornish Coffee Shop Campaigners fail to curb Costa

Posted on 20 August, 2014 by Neil Bird under Business News

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

Shop Vacancy Rate drops again in May

Posted on 12 June, 2014 by Kirsten Kennedy under Economy

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

Retail Vacancy Rates show Slight Contraction

Posted on 21 August, 2013 by Kirsten Kennedy under Economy

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

Councils Could Lose Millions Under High Street Conversion Plans

Posted on 12 August, 2013 by Kirsten Kennedy under Industry News

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

Portas Pilots Struggling to Make Positive Impact

Posted on 31 May, 2013 by Kirsten Kennedy under Business News

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

Number of Empty Shops in Wales Hits New High

Posted on 23 May, 2013 by MOVEHUT under Economy

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