The venture capitalist pointed to empty storefronts and the country's worsening drug epidemic as evidence of communities breaking down — a trend he said Amazon only advances.
A brand inspired by the Southern lifestyle is planting its flag across the country.
British Land is set to complete a £96 million purchase of Royal Victoria shopping centre in Tunbridge Wells. The property giant has exchanged contracts with Hermes Investment Management to purchase the 300,000sq ft shopping centre, which has been owned by that latter since 2012
A new study has found that independent store openings have grown in all but two regions of the UK as major chains continued to face challenges and general decline. According to data from online retailer OnBuy, which analysed where chain stores have declined in comparison to areas independent stores opened, the North West, West Midlands and Scotland had the highest rate of independent store openings in UK in 2017 – with 230, 194 and 114 independent openings respectively.
Retail footfall continued to fall year-on-year in February across most retail destinations, even before the impact of the snow during the last two weeks. According to the latest Footfall and Vacancies Monitor from the British Retail Consortium (BRC) and Springboard covering January 28 to February 24, year-on-year, footfall decreased by 0.5 per cent. While it is a slowdown compared to the one per cent growth seen in the same period last year, the decline was still less than a third of that recorded in January, lower than the three-month average of -2 per cent decline, and lower that the 12 month average of -0.7 per cent
Tesco has sparked major controversy on social media over a children’s fox hunting costume and has been accused of encouraging children to take part in “bloodsport”.
Retail industry leaders have come together to form a new Retail Sector Council that aims to drive growth and guide it through the changes it is facing. It will be co-chaired by British Retail Consortium (BRC) chairman Richard Pennycook as well as Conservative MP and member of the Department for Business, Energy and Industrial Strategy (BEIS) Andrew Griffiths. The newly-formed council will work to address issues like productivity, skills shortages and adapting to changing consumer behavior
Congratulations on the launch of Houzz Shop in the UK! We’re very excited! Houzz focuses on creating the best home renovation and design experience by bringing everything people need to improve their homes together under one roof. With the Houzz Shop in the UK, people can discover, learn about, and now buy all the products and materials to complete their home projects directly on Houzz. We already have more than 100,000 products and materials from over 2500 sellers from across Europe for purchase directly on the Houzz site and app, and we’re adding more
Farming retail group Countrywide Farmers has become the latest company to fall into administration, placing 735 jobs at risk.
The overall total direct cost of retail crime has risen by six per cent from £660 million to just over £700 million, with crime in all categories growing except for fraud. The latest annual Retail Crime Survey , put together by the British Retail Consortium (BRC), has also revealed a spike in violence against staff causing injury, with the number of incidents – six per 1000 workers – happening at twice the rate of the previous record in last year’s survey