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High Street
Shop vacancies fall for third quarter in a row
In the second quarter of 2022, the overall GB vacancy rate decreased to 14.0%, which was 0.1 percentage points better…
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People Moves
Ted Baker’s non-executive director steps down
Ted Baker has announced the departure of Andrew Jennings as director of the company. Jennings didn’t seek re-election to the…
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High Street
Iceland warns of costs as energy bill set to double by 2023
Iceland has warned the global impact of energy prices is likely to have an impact on its performance next year.…
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People Moves
JD Sports eyes former B&Q executive as CEO
The Lancashire-based sportswear retailer, JD Sports, is reportedly close to finalising the appointment of Regis Schults as the company’s new…
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Comment
How physical stores can ensure they are refit for the future
The events of the past couple of years have accelerated the pace of change in the retail industry. Retailers have…
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Economy
Consumer confidence remains at historic low in July
UK consumer confidence remained at a historic low of -41 in July, according to GfK’s long-running Consumer Confidence Index. GfK…
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Health & Beauty
Amazon to ‘reinvent’ healthcare with One Medical acquisition
Amazon is set to acquire One Medical for $3.9bn (£3.3bn) following a new merger agreement, in a move that will…
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Economy
Transitional relief could cost retailers over £1bn, BRC warns
Retailers have warned that the failure to fix the “flawed” Transitional Relief system could cost the industry over £1bn between…
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Supermarkets
Aldi to create thousands of jobs in logistics
Aldi has announced its plans to create around 1,000 logistics roles across the UK over the next 12 months. The…
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News
Frasers Group swings to profit but warns of economic headwinds
Frasers Group has reported a “record-breaking” year with pre-tax profits surging to £344.8m in FY22, up from a loss of…
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