All High Street articles – Page 31
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NewsJerome Saint-Marc stands down as Wilko CEO
Former Bensons for Beds CEO Mark Jackson has been apppointed Wilko CEO designate
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NewsWelsh businesses to get £460m in rates support from government
The Welsh government is also providing over £140m of rates relief for retail, leisure and hospitality businesses
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NewsCity snapshot: Footfall stumbles ahead of Christmas
Total UK footfall decreased by 13.3% in November compared to pre-pandemic levels, according BRC-Sensormatic IQ Footfall Monitor, as the cost of living crisis put off some consumers from visiting the shops
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Category ReportWhy the meal deal could be on life support: Food-to-go category report 2022
Meal deal prices are on the up – and rising labour costs are likely to make the situation critical. How can the supermarkets adapt?
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NewsWilko falls to staggering loss as high streets struggle
Total sales fell by £43.2m to £1.32bn, while like-for-likes dipped by 3.1%, according to accounts newly filed at Companies House
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Analysis & FeaturesWhy M&S is putting ‘Snickers before knickers’
M&S is turning its focus to food and out-of-town retail parks under its store renewal programme. It’s controversial, but the strategy seems to be working
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NewsHolland & Barrett apologises over late payments as owner concludes £700m debt deal
Holland & Barrett has vowed to improve supplier relations amid growing protests from small suppliers over late payments extending past 120 days, with new government data showing the business paid almost 60% of invoices outside its agreed terms
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Comment & OpinionWhy Wahaca may have jumped the gun on menu carbon emissions labelling
A growing number of restaurants are introducing eco-labels, but the source information is far from perfect
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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