£10.4bn Black Friday sale promises to alleviate pressure on retailers
Hard-pressed retailers are set for a welcome boost as shoppers get set to spend big on Black Friday 2018, new figures have revealed. more»
High Streets Initiative
Despite being one of the most recognisable symbols of Britain's retail economy, our high streets are under threat. A combination of taxes, shopping behaviour changes and local authority regulation are putting pressure on independent and small retailers. However, our High Streets Initiative will present the manifestation of these threats in real life and explain how the high street can future-proof itself for the next 100 years.
High street crisis worsens with 85,000 jobs lost this year
Figures from the Office for National Statistics, published this weekend by the Observer, reveal that 85,000 jobs have been lost from the UK’s high streets in the first three quarters of this year. more»
High street closures: 14 shops vanishing each day in the UK
A net 1,123 stores vanished from the UK’s top 500 high streets in the first half of this year, according to new figures released by PwC. During this period, 1,569 shops opened while 2,692 closed – amounting to some 14 closures per day. more»
“It’s the real love for what you sell”: Why shopkeepers are UK’s happiest entrepreneurs
Britain’s shopkeepers have higher job satisfaction than any other business owners, according to new survey findings, defying headlines reporting the death of the high street. more»
High streets retailers must not join Amazon in a race to the bottom on Black Friday 2018
Independent retailers have no chance of turning a profit on Black Friday, retail experts have warned, and should join a growing list of big names shunning the US import. more»
Ranked: The UK’s least healthy high streets
The Royal Society for Public Health (RSPH) has published a league table which ranks 70 of the UK’s major cities and towns based on the number of health-promoting businesses on their high streets. more»
High street ATMs could be history in less than 20 years
ATMs could disappear from UK high streets in just 19 years, according to new research from Expert Market, a comparison site for card payment systems. more»
1 in 5 high street retailers are cutting their workforce in the run up to Christmas
A fifth of retailers are planning to cut jobs in the lead up to Christmas as economic woes continue to batter the sector. more»
How intelligent pricing could save Britain’s high street retailers
How can retailers price competitively, outside of simply offering the lowest prices? The solution is simple – businesses must price more intelligently and look beyond damaging quick-fixes. more»
Poor quality online goods are costing retailers billions in product returns
UK retailers are wasting billions of pounds each year because shoppers are fed up with the quality of online goods, new findings have revealed. more»
