Wales

Company insolvencies reach five-year high

New figures from the Insolvency Service show the first quarter of 2019 had the second highest underlying level of insolvencies…

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Digital Services Tax extended to include 2% ‘Amazon tax’

High streets government minister, Jake Berry, has promised to extend the Digital Services Tax to include a “2% tax on…

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January posts lowest footfall decline in three years

January footfall declined 0.8% according to the latest data from Ipsos Retail Performance – the lowest decline in three years.…

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F Hinds to save Chapelle stores

Family owned retailer F Hinds, which has 116 stores across England & Wales, has reached an agreement to take on…

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Philip Day eyes M&S and House of Fraser stores

Retail entrepreneur and Edinburgh Wooden Mill boss Philip Day is reportedly in talks to acquire a small number of Marks…

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Retail administrations rise for second consecutive year

The number of retailers entering into administration in 2018 was 125 – compared to 118 in 2017, an increase of…

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Co-op to open 100 new stores in 2019

The Co-op has announced it will open 100 new food stores during 2019 as part of a £200m store investment…

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Welsh high street retailers to get £2,500 each in business rate cuts

The Welsh government has announced it is to give retailers £2,500 each in business rate cuts. Finance secretary, Mark Drakeford…

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Why are retail spaces shrinking across England and Wales?

Across the UK, retailers are struggling to survive. This is down to several factors: years of austerity and low wage…

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Footfall slumps following Black Friday weekend

High street footfall slumped by 5.5% in the week following the Black Friday weekend, according to figures from retail analysts…

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