Report: Business Rates Not Main Cause of High Street Decline
A new report challenges the narrative that business rates are killing UK high streets. Discover why local income and footfall are the real keys to revival. Read the full analysis.
A new report challenges the narrative that business rates are killing UK high streets. Discover why local income and footfall are the real keys to revival. Read the full analysis.
A former college campus near Oxford Street is set for a 'deep retrofit' into offices, a food hall and retail. Westminster Council calls it a 'highly commendable scheme' set to create hundreds of jobs.
London's luxury Sloane Street has undergone a major green transformation, with over 100 new trees and 20% more pavement space. Discover how this project boosts biodiversity and enhances the shopping experience.
UK food inflation eased to 3% in November, down from 3.7% in October, as Black Friday discounts hit shops. However, experts warn of persistent pressures and challenges ahead for retailers and consumers.
Early Black Friday discounts helped slow UK shop price rises to 0.6% in November, below the three-month average. Read the full analysis from the British Retail Consortium.
Gail's Bakery announces a major UK expansion, opening 40 new sites by February 2026 after creating nearly 500 jobs. The £500m-valued chain sees revenue surge to £278m.
Pets at Home reports 33.5% profit drop to £36.2m as retail business falters. Interim CEO announces urgent action needed to return to retailing roots. Read the full analysis.
B&Q owner Kingfisher boosts profit outlook despite softening UK retail market. Discover how strong management drives success in challenging economic conditions.
Marks & Spencer launches a new Foodhall in Fulham and unveils a 'wish list' of 172 London locations for future stores. Discover the full list of areas under consideration.
City watchdog makes inquiries into WH Smith's accounting blunder that wiped £600m off market value. Read the latest on the retailer's strategic shift.
Which? research shows 8 in 10 Black Friday deals were cheaper at other times. Don't fall for the hype - read our expert advice before you shop this November.
Marks & Spencer reveals plans for 200 new or revamped London food halls, aiming to transform its store estate by 2028. Discover the full list of locations set for expansion.
The new M&S in Clapham Common saw queues stretching down the high street. Discover why this shop launch became a community event and what it says about modern retail.
The Co-op is opening 11 new stores across the UK this week as part of a major expansion plan. Discover the full list of locations and how this boosts local communities.
Co-op invests £70m to create 7,000 life-changing apprenticeships by 2030, focusing on retail, care, and deprived communities. Find out how to apply.
London's New Bond Street has claimed the top spot as the world's most expensive retail destination, with rents soaring 22% to £1,706 per square foot. Discover the details behind this luxury property surge.
Chancellor Rachel Reeves postpones scrapping controversial 'de minimis' tax break for low-cost imports until 2029, despite pressure from British retailers. The move aims to prevent border chaos while generating £500m yearly.
Major retailers including Morrisons, Poundland and Claire's announce widespread closures across Britain. Full list of affected locations and closure dates revealed.
Asos reduces pre-tax losses to £281.6m while launching AI stylists to combat 12% sales decline. Discover how the retailer is tackling serial returners and discount culture.
UK retail sales fell 1.1% in October, a disappointing start to the festive season. Shoppers turned cautious ahead of the Budget and Black Friday. Discover the full impact on the sector.
UK retail sales fell 1.1% in October as consumers delayed purchases ahead of Black Friday. Clothing stores saw the biggest decline. Discover the full impact.
Official figures reveal UK government borrowing reached £17.43bn in October, exceeding forecasts as consumer spending fell unexpectedly. Stay informed about economic developments.
Final UK economic health check before the budget reveals £15bn October borrowing, stagnant retail sales, and a slight energy price cap fall from January. Stay informed on the key data.
JD Sports warns annual profits will be at lower end of forecasts as high youth unemployment and lack of spare cash among under-25s causes a 3.3% sales slide in the UK, its worst-performing market.
Asda has secured nearly £600m through sale-and-leaseback deals for its stores, using the funds to repay looming debt to former owner Walmart. Discover the supermarket's financial strategy.
Asda plans to sell and lease back 24 stores and a distribution centre to raise £568m, a move analysts call a 'sign of weakness' as the supermarket continues to lose market share.
Asda is selling 24 supermarkets and a distribution centre for £568m in a sale-and-leaseback deal. No stores will close, and all staff will remain in place. Read more.
Marks & Spencer unveils two new London food halls in Clapham and Fulham this week, creating over 100 jobs and boosting festive shopping options. Get the first look inside.
WH Smith CEO Carl Cowling resigns following a critical Deloitte audit revealing major operational flaws. Discover how the stock reacted and what's next for the retailer.
Britons spent £3.6bn during Black Friday 2023. Our expert guide reveals how to find genuine bargains, avoid scams and shop responsibly this sales season.