All High Street articles – Page 27
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Comment & OpinionWilko’s woes highlight its unlikely challenge in the cost of living crisis
Perhaps counter-intuitively, the squeeze on incomes is not playing into the hands of the variety discounters
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NewsBusiness rates revaluation: retailers ‘the biggest winners’
In some areas, including Oxford Street in London, shops’ rateable values have fallen by as much as 30%, said Colliers head of business rates John Webber
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NewsSuperdrug launches third-party marketplace with 300 brands
The new markeplace doubles the number of products available on Superdrug.com from today
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Comment & OpinionToday’s budget offers some relief for industry. But questions remain over energy support
Chancellor Jeremy Hunt was keen to look like a man with a viable plan in today’s autumn statement
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NewsPlans for £14bn business rates tax cut over five years announced in autumn statement
The plans also include a new government-funded transitional relief scheme as called for by the British Retail Consortium
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NewsThe Original Factory Shop invites local businesses to showcase their products in stores
Every month, 180 of the retailer’s stores will invite a local maker, artisan or a small craft business to a ‘meet the maker’ session
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NewsSterling Meat Company to boost high street presence with NPIF funding
Northern butchers chain Sterling Meat Company is expanding its food-to-go format after securing a £500k investment
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NewsWilko sells distribution centre to DHL for £48m
The business refinancing will let the homes and garden retailer improve its proposition and customer experience across its 402 stores and online, according to Wilko
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NewsCity News: M&S share renaissance falters on downgrades
A recent renaissance for Marks & Spencer shares came to an end this week as the retailer warned conditions on the high street would be even more challenging next year, with margins under pressure across the sector.
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NewsCity snapshot: Rising costs dent M&S food profits and slowing demand pushes Ocado Retail into the red
Profits have shrunk in Marks & Spencer’s food operation and its online joint venture with Ocado fell to a loss, with the group warning that market conditions would become even more challenging next year.
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NewsCity snapshot: Retail footfall slips back in October
Retail footfall remains almost 12% down on pre-pandemic levels after slipping back further in October amid rising inflation and energy bills
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NewsWilko raises entry-level pay for store and logistics staff
The privately-owned homes and garden retailer is also introducing a temporary further 50p-an-hour hike for logistics staff, lasting until the end of March 2023
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NewsBoots launches drive for 10,000 temp staff over Christmas
The retailer said new employees would be part of its enhanced staff discount programme, which was introduced to provide support during the cost of living crisis
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NewsBoots becomes latest retailer to partner with RangeMe to find new suppliers
It will give brands increased access to Boots’ buying team to help expand ranges, according to the retailer
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NewsPoundland not yet in compliance with rules on products high in fat, sugar or salt
A store visit on Monday (17 October) found non-HFSS compliant chocolates and sweets still lining the checkout queueing area and next to a checkout, contrary to the rules
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Comment & OpinionWaitrose’s free coffee may be grabbing headlines, but its Caffè Nero tie-up is the real news
Waitrose commercial director Charlotte Di Cello has hailed the partnership “an ideal fit” and hinted at “more benefits in the pipeline”
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NewsBoots recovery boosted by heatwave as footfall picks up
An ongoing turnaround at Boots has been boosted by an uptick in footfall at its city centre stores and travel outlets at airports and train stations as consumers prepared for summer holidays
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NewsCity snapshot: UK retail footfall rises to post-pandemic high
UK footfall came within 10% of pre-pandemic levels for the first time in September, despite mounting pressure on consumer spending
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NewsWilko appoints Haulfryn’s Dave Murphy to new position of finance director
He previously served for six years at Pizza Express
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NewsCity snapshot: UK retail sales slump as consumers cut back spending
UK retail sales volumes slumped by 1.6% in August 2022, continuing a downward trend since summer 2021 as inflation and economic uncertainty hits consumer spending