Wales
This coverage highlights retail developments and economic trends specific to Wales, examining store openings and closures, regional sales performance, employment issues, and policy changes affecting the retail sector. Reporting provides retail managers and executives with insights into the unique challenges and opportunities shaping retail operations across Welsh towns and cities.
-
Nov- 2022 -28 NovemberOnline & Digital
Amazon tax bill to rise by £29m next year
Amazon’s business rates are reportedly set to rise by around £28.75m next year, as next year’s business rates are set to heavily impact online retailers, according to new analysis from real estate advisor Altus Group. It warned that the online giant may be faced with paying £100m in extra tax…
Read More » -
15 NovemberHigh Street
Primark launches click and collect service in 25 stores
Primark has unveiled the trial of a new click and collect service that will allow customers to shop for products online and order for delivery to one of the 25 locations available. It is reported that this trial is available across the north west of England, Yorkshire and north Wales,…
Read More » -
15 NovemberHigh Street
Footfall sees modest rise amid consumer nervousness over costs
Footfall rose by just +1.3% across UK retail destinations last week from the week before, after a decline of -7.5% following the school half term in the week before last, according to Springboard. Springboard said that the modest increase indicates “consumer nervousness” in the midst of the cost of living…
Read More » -
7 NovemberHigh Street
Footfall declines 7.5% in week after half-term
Footfall across UK retail destinations declined by -7.5% last week, following a rise of +8.2% in the week before last during the school half term holiday week, according to Springboard. The gap from the 2019 footfall level widened to -9.8% last week from -9% in the week before last indicating…
Read More » -
Oct- 2022 -28 OctoberHigh Street
Store vacancy rate falls but remains below pre-pandemic levels
In the third quarter of 2022, the overall GB vacancy rate decreased to 13.9%, a 0.1% rise from Q2 and 0.6% better than the same period last year, according to the latest monitor from the BRC and Local Data Company. This was the fourth consecutive quarter of falling vacancy rates.…
Read More » -
27 OctoberNews
Passenger named one of the UK’s fastest growing online companies
Outdoor clothing brand Passenger is gearing up for global expansion as it named one of the UK’s fastest growing online companies. The New Forest company – which plants a tree for every order sold – has seen sales more than quadruple from 2019 to £11 million in 2021 as, driven…
Read More » -
26 OctoberFeatures
Henderson Technology celebrates three year collaboration with Gander
Innovative reduced food app, Gander, is marking the three-year anniversary of its Northern Ireland launch in partnership with Henderson Technology. At a time, when the cost-of-living crisis is dominating headlines; showing soaring business costs and reduced disposal incomes – this partnership has proven to be a positive solution to reverse…
Read More » -
18 OctoberNews
Bensons for Beds buys Eve Sleep out of administration
Bensons for Beds has purchased the Eve Sleep brand for an undisclosed sum after the business entered administration yesterday (17 October). Under the transaction, Bensons will acquire Eve Sleep’s intellectual property, the evesleep.co.uk website and all creative, content and communication assets. Bensons intends to retain Eve Sleep as a standalone…
Read More » -
11 OctoberSupermarkets
CMA set to greenlight Morrisons’ McColl’s takeover
The Competition and Markets Authority (CMA) is set to greenlight Morissons’ proposal to acquire McColl’s after accepting proposals for the supermarket giant to sell 28 stores to address competition concerns. It comes as the authority launched an investigation into Morrisons’ proposed £190m purchase of McColl’s-owned stores last July. Following Phase…
Read More » -
5 OctoberNews
Home brewing beer brand Pinter tops list of the UK’s fastest growing online companies
Home brewing beer brand Pinter has topped a new list of the UK’s fastest growing online companies. Pinter, based in Walthamstow, London, has grown sales by more than sixfold (626%) to almost £6 million as beer lovers save money in the cost of living crisis by serving perfect pints they…
Read More »
