Retail News

Retailers rethink returns policies as ‘serial returners’ increase

Some 26% of retailers have seen an increase in the volume of goods being returned in the last two years,…

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Shop vacancy rate rises to highest level in four years

The national town centre vacancy rate rose to 10.2% empty outlets, according to data from the BRC-Springboard Footfall and Vacancies…

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Increase in redeveloped units set to ‘reimagine’ retail

The number of units that were structurally changed or redeveloped (demolished, merged, split or converted for another use such as…

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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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Consumer confidence remains negative in April

Consumer confidence remained at its level of -13 in April according to GfK’s Consumer Confidence Index. Two measures increased and…

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Retail rents fall as pressure on sector continues

High street shop prime rents fell by 1% in the first quarter of the year, according to real estate company…

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74,400 retail jobs lost in first three months of 2019

The retail sector saw a 2.4% year-on-year drop in the number of employees in the first quarter of this year,…

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Shopping centre landlords offer free space to retailers

Revo, the organisation that represents the retail community, has launched a new competition to give budding retail entrepreneurs free space…

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Bristol’s Galleries shopping centre on market for discount £32m

The Galleries shopping centre has been put on the market at a discount rate of £32m, after being originally purchased…

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O2 increases paternity pay leave package to 14 weeks

Mobile network and phone retailer O2 has announced it will increase its paid paternity leave to 14 weeks for all…

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