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Economy
London’s store closures return to pre-pandemic levels for first time
Five stores closed each day in Greater London in 2024, with four new stores opening, according to the latest data…
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Economy
BoE holds interest rates at 4.5%
The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last month to…
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Clothing & Shoes
Office sees profits top £100m amid improved trading and new stores
Footwear retailer Office has seen its full-year pre-tax profits more than double to £102.4m as it experienced better trading conditions…
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News
Skills crisis to cost UK retail £23.3bn, study finds
The UK retail sector is grappling with another “severe skills crisis”, with businesses losing an estimated £23.3bn due to inefficiencies…
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Economy
UK GDP unexpectedly falls 0.1% in Jan
The UK economy shrank unexpectedly by 0.1% in January as production in the manufacturing sector struggled, according to the latest…
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Online & Digital
Sophie Ellis-Bextor partnership helps boost Freemans Q4 sales
Online department store Freemans has revealed its partnership with pop star Sophie Ellis-Bextor helped boost its sales 13% during the…
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High Street
Convenience stores victim to over 6.2 million thefts last year, ACS finds
The UK’s local shops recorded an estimated 6.2 million incidents of shop theft last year, compared with 5.6 million in…
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Comment
Tim Waterton: Reinventing customer feedback with HappyOrNot
Tim Waterton, Chief Revenue Officer at HappyOrNot, is on a mission to transform the way businesses gather and act on…
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High Street
Two bidders remain in running for WH Smith high street arm
Only two firms reportedly remain in the running to acquire WH Smith’s high street business, with a possible decision coming…
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High Street
Retail parks lead the way as footfall sees small bounce in February
UK footfall edged up 0.2% in February as the performance from UK retail parks helped footfall increase for the second…
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