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Industry News

Women with shopping bags

Uncertainty ‘deterring retail investment’

Britain’s retailers are holding back from investing due to the uncertainty surrounding the strength of the economy, according to the British Retail Consortium (BRC).

Tesco

Tesco to pay for unemployed placements

Supermarket chain Tesco has revealed it is to start paying young people it recruits as part of the government’s controversial work experience programme.

Blurry people shopping

Shopper footfall up over Christmas

Britain’s retailers attracted more shoppers through their doors over the Christmas period, with new figures indicating a festive boost in footfall.

Oxford Street

Rent gap widening, report claims

A new report has suggested that the gap between Britain’s highest and lowest retail rents is continuing to widen, with those in London outstripping the rest of the UK.

Shopkeeper with technology

Discounting boosts retail sales

Heavy discounting by retailers prompted encouraging retail sales last month, according to the latest set of figures from the Office for National Statistics (ONS).

Car parking town centre

Retailers ‘closed 14 stores a day in 2011’

A new report has indicated that Britain’s chain retailers closed a combined average of 14 stores each day in 2011, adding to worries about the state of UK high streets.

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