Tag: shops



Morrisons extends Opening Hours in bid to halt Falling Sales

Posted on 19 August, 2014 by Kirsten Kennedy under Business News

As the supermarket price war rages on, the biggest brands in the country are turning to online and convenience stores as a means of winning customers from rivals. However, Morrisons has now added a new dimension to the competition by announcing it will now... Read More

Further Price Falls in store says British Retail Consortium

Posted on 7 August, 2014 by Kirsten Kennedy under Business News, Economy

Although consumers are benefiting from shop price deflation, which has seen the prices of everything from clothing to electrical goods plummet, retailers are becoming concerned that further lowering of prices will have a negative impact on their profit... Read More

High Street Rejuvenation Plans are failing claims Grimsey

Posted on by Kirsten Kennedy under Business News

Mary Portas’ scheme to reduce retail vacancy rates and breathe life back into town centres is failing, a prominent retail expert claims. Bill Grimsey (pictured, right) says the Government-backed plans for rejuvenation are “over-promising and... Read More

Canary Wharf Group considers Round the Clock Retail Trading

Posted on 5 August, 2014 by Kirsten Kennedy under Business News, Top Properties

As consumers continue to spend following several years of recession, retailers and groups within the industry are seeking ways in which to capitalise on this upturn by boosting footfall levels and dwell times. This could see shops and bars in Canary Wharf... Read More

Supermarket expansion hits Six Year Low

Posted on by Kirsten Kennedy under Commercial Developments

The number of applications for new supermarket space in the UK has now fallen to the lowest level seen since the start of the financial crisis, with only 15.22 million sq ft of shop space currently proposed by the grocery market. According to property... Read More

New Store openings contribute to Next profit forecast hike

Posted on 29 July, 2014 by Kirsten Kennedy under Business News

Although news from the retail industry has been somewhat gloomy of late following a very strong start to the year, clothing and footwear retailers have enjoyed a resurgence in trade thanks to the warm summer weather and higher optimism amongst consumers... Read More

Fortnum & Mason plans Heathrow take-off

Posted on by Kirsten Kennedy under Top Properties, Uncategorised

Fortnum & Mason has long been established as a high quality retailer with a tradition of serving well-heeled customers including members of the Royal family. Last year, in a bid to expand on its history, Fortnum & Mason opened its first new... Read More

Going Dutch: HEMA plans to take on UK Discounters

Posted on 28 July, 2014 by Cliff Goodwin under Business News

After 18 months of planning the Dutch budget retailer HEMA — which already has 660 outlets across Europe — has opened its first two stores in the UK, with a promise of a third before the end of the summer. Placed somewhere between Ikea and the now... Read More

Muddled Retail Statistics reveal little about Strength of Recovery

Posted on by Kirsten Kennedy under Economy

In recent months a wealth of statistics has been used to demonstrate improving conditions on the high street. The fact that much of this evidence appears contradictory only adds to the feeling that the retail recovery remains subject to sharp turns and sudden... Read More

Sports Direct targets International Expansion following Record Breaking leap in Profits

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

For several years now the Sports Direct chain founded by Newcastle United owner Mike Ashley has been a dominant force in the British retail industry, with a raft of high street openings and numerous brand acquisitions propelling it to massive success. Yet... Read More