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.
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Sep- 2021 -6 SeptemberHigh Street
Nearly 50 high-street stores closed a day in H1, study finds
Over 8,700 chain stores have disappeared from UK retail locations in the first six months of 2021, equating to over 47 stores a day, according to the latest PwC research compiled by the Local Data Company (LDC). The research showed that in total, 3,488 shops opened compared with 8,739 closures,…
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Aug- 2021 -25 AugustHR
UK must follow Scottish example to protect retail workers, says BRC
The British Retail Consortium (BRC) has called upon the UK Government to follow Scottish Parliament in implementing legislation that will better protect retail workers. The new Protection of Workers (Retail and Age-restricted Goods and Services) Act 2021 was unanimously passed in Holyrood, and came into effect on 24 August. Its…
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24 AugustHigh Street
Tesco expands soft plastic sustainability initiative
Tesco has launched a new sustainability initiative whereby shoppers at all of Tesco’s large stores will be able to bring back any soft plastic packaging for recycling. The supermarket expects to collect more than 1000 tonnes a year and will “recycle as much of this material as possible” back into…
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18 AugustClothing & Shoes
Monsoon Accessorize to continue trust support in Afghanistan
Monsoon Accessorize has confirmed that the Monsoon Accessorize Trust will continue to support education projects and communities in Afghanistan following the Taliban’s takeover of the country this past week. The trust has been supporting women and children’s education projects in Kabul for over 20 years, most recently committing to fund…
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4 AugustComment
Why the coming economic boom will be bigger than we think
The world has been turned upside down in the past 18 months, making predictions a tougher game than ever. Economists are used to using metrics like inflation, consumer spending or job markets to predict what would happen. In this new world of Covid, furlough and post-Brexit trade, traditional measures are…
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Jul- 2021 -19 JulyHigh Street
Footfall set to spike amid ‘Freedom Day’
Footfall across the UK is set to rise by 19.7% this week in the wake of ‘Freedom Day’, according to the latest data from Springboard. It comes as restrictions are set to be lifted in England from today (19 July) onwards. According to Springboard, whilst the removal of restrictions in…
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2 JulyCoronavirus
450,000 businesses to be hit by tapered support measures
The retail sector is set to be hit by the tapering off of government support measures, with businesses now set to contribute 10% towards the cost of furlough following measures that came into effect yesterday (1 July). The move will affect an estimated 450,000 businesses, including many retailers, according to…
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1 JulyNews
Innovating retail spaces for a successful future
Whilst the growth of online consumer shopping was highly publicised during the prolonged periods of Covid-19 lockdown, the relaxing of the rules for non-essential retailers in England and Wales has led to a 174% rise in high street footfall. It’s a figure that shows the high street is certainly not…
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Jun- 2021 -7 JuneHigh Street
ACS calls on gov to ensure DRS scheme is ‘workable’ for local shops
The Association of Convenience Stores (ACS) has called on the government to ensure that the deposit return scheme (DRS) which will be introduced in England, Wales and Northern Ireland is workable for local shops and does not leave them out of pocket. The scheme is currently scheduled to be introduced…
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May- 2021 -26 MayGovernment
BRC calls for increased protection as shop worker abuse jumps 7%
The BRC is continuing to push the government for a “statutory offence” for assaulting, threatening, or abusing retail workers, after staff report on average 455 incidents of violence and abuse each day. A study, which was conducted by the group as part of its ‘2021 Retail Crime Survey’, showed that…
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