East of England
This coverage examines retail developments and regeneration efforts across the East of England, encompassing counties such as Essex, Suffolk, Norfolk, and Cambridgeshire. Reporting includes major projects like Chelmsford’s £195m Beaulieu Park station, part of a broader initiative to enhance transport links and stimulate economic growth in the region. Additionally, the content highlights initiatives such as the East of England Co-op’s £4m retail park development in Ipswich and the transformation of a former department store in Colchester into a new restaurant and retail destination. This information is curated for retail professionals assessing market opportunities, urban regeneration impacts, and the evolving retail landscape in the East of England.
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Aug- 2022 -30 AugustHigh Street
Store closures drop to lowest rate in seven years
Store closures have stabilised to the lowest rate in over seven years, with 6,146 store closures in H1 2022 (-30%) year-on-year from multiple retail operators, compared to 3,888 openings (+11%). According to PwC’s latest Store Openings and Closures report for H1 2022, there were 34 closures, 21 openings, and a…
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1 AugustHigh Street
Shop vacancies fall for third quarter in a row
In the second quarter of 2022, the overall GB vacancy rate decreased to 14.0%, which was 0.1 percentage points better than Q1 and 0.5 percentage points better than the same period last year, according to the BRC. This was the third consecutive quarter of falling vacancy rates. All locations saw…
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Jul- 2022 -1 JulyEconomy
UK SMEs hit by hiring woes despite ‘record’ wage rise
SMEs across the UK are “facing more woes” as they struggle to fill vacancies despite a strong 14.3% increase in year-on-year sales growth and a “record” 5% rise in wages, according to new data from Xero. It found that SMEs are “struggling to compete with big business” when it comes…
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Jun- 2022 -22 JuneEconomy
1 in 3 SMEs struggle with cost of staffing, NatWest report reveals
New research conducted by NatWest Rapid Cash has revealed that 34% of SMEs are struggling with the cost of staffing, which has led to more vacancies across the job market. In addition, 85% of recruiters say businesses are struggling to employ the talent they need, with the challenge starkest in…
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Jun- 2021 -25 JuneSupermarkets
Sainsbury’s to roll out new recycling system in 520 stores
Sainsbury’s has revealed that it will be rolling out a new recycling system in 520 of its supermarkets, allowing customers to recycle all flexible plastic packaging. Following a successful trial in the North East of England, the front of store recycling points will make it easier for customers to make…
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Dec- 2020 -23 DecemberCoronavirus
Labour calls for high street Fightback Fund
Labour has urged the government to “stand up for businesses” through a Hospitality and High Streets Fightback Fund, aimed at supporting businesses hit by the recent Tier 4 restrictions. It comes as almost 175,000 businesses in Tier 4 areas across London, the South East and the East of England have…
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17 DecemberCoronavirus
Restrictions widen as millions enter Tier 3
UK government officials have announced that the majority of the South East and East of England will enter Tier 3 this weekend, as coronavirus cases continue to rise in many parts of the country. Health Secretary Matt Hancock said that the increased restrictions were necessary in order to control the…
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Jul- 2019 -9 JulyAnalysis
Disorderly Brexit could see the UK economy lose out on £22bn a year by 2024
Employers operating in retail most at risk of losing staff A ‘disorderly Brexit’ could see the UK suffer a £22bn reduction in economic output, compared to an ‘orderly Brexit’ – a new study has revealed. The report, developed by workforce management expert Quinyx in collaboration with Development Economics and Censuswide,…
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Jun- 2018 -20 JuneGovernment
Independent retailers feeling ‘optimistic’ about high street future
More than half of the nation’s independent high street retailers are optimistic about the future of their local high street – and four out of five shoppers would miss their local high street if it was no longer there. This is according to new research to launch the government-run Great…
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Mar- 2018 -13 MarchHigh Street
Study finds independent retail and leisure outlet growth is soaring
As multiple stores like New Look, Maplin and Toys ‘R’ Us close, a study by OnBuy.com has found that this has led to a rapid increase in the number of independent retailers. The study from the online retailer considered where multiple stores have declined in comparison to areas independent stores are…
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