Scotland
This coverage explores retail developments and economic conditions across Scotland, featuring reporting on store openings and closures, regional sales trends, employment challenges, and policy decisions affecting the sector. Insights are tailored for retail managers and executives seeking to understand the specific dynamics shaping retail operations in Scottish markets.
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Apr- 2018 -16 AprilEconomy
High street collapse down to higher business rates, says Colliers
Fifteen major retailers or restaurant groups have gone into CVA or administration in the twelve months since the April 2017 Business Rates Revaluation, according to Colliers International, the global commercial real estate agency and consultancy. Ten of those have happened since the beginning of this year – in the last…
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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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Feb- 2018 -12 FebruaryHigh Street
Retail footfall takes a hit with Scotland showing sharpest decline
Footfall in January decreased by 1.6% year-on-year, showing a deeper decrease than the rate seen for January 2017, according to new figures. New British Retail Consortium (BRC) data showed a drop in footfall across all UK regions, with the sharpest decline being seen in Scotland (4.6 %). Despite footfall falling…
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Jan- 2018 -18 JanuaryEconomy
Retail has least business failures, figures show
The retail industry has the lowest number of business failures among all sectors in the UK, new data has revealed. Figures from UK and offshore company agents, Turnerlittle.com, revealed the top 10 industries with highest business “death rates”, and was put together using the Business Demography release, published by ONS…
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17 JanuaryNews
Petrol station retailer signs deal with Wave
RH has signed a three-year deal with national water retailer Wave to supply water and wastewater services which will deliver cost savings of least £67,000. The independent petrol station and forecourt retail company is most well-known for it’s 489 sites in England and Scotland, such as Esso, BP or Shell. Its…
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8 JanuaryUncategorized
Lidl Unveil plans for its largest UK warehouse
Lidl has announced plans to build its largest warehouse yet, creating up to 1,000 new jobs. The supermarket has exchanged contracts with Houghton Regis Management, a consortium of Aviva Investors, LIH and the Diocese of St Albans, on a 58-acre site in Luton. The new regional distribution centre (RDC) will…
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2 JanuaryNews
Co-op to open 100 new food stores in 2018
The Co-op has confirmed plans to open 100 new food stores across the UK in 2018, creating an estimated 1,600 jobs. It comes as part of the £160m investment programme for the community retailer that includes new stores and major refurbishment for a further 150 outlets. More than 20 new…
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