Tag Archives: High Street

Geek Retreat moves into Dumfries and stays on track to open 60 stores by end of 2021

The geek culture retailer, Geek Retreat, is continuing on its ambitious plans for the UK with the successful launch of its new store in Dumfries, bringing its total numbers of shops around the country to 28. Situated on Church Crescent and providing five local jobs, the new Geek Retreat store …

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Footfall tipped to rise almost 20 per cent as shoppers hit high streets this ‘Freedom Day’ week

Retail footfall is predicted to rise by 19.7 per cent this week, as shoppers take to high streets and towns now free of the remaining Covid-19 restrictions with face coverings and social distancing no longer mandatory in England. In the latest from the retail analysts, Springboard, footfall is tipped to …

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UK retail enjoys best quarter on record as sales surge 13.1 per cent

Retail sales have seen a record increase over the past three months, amounting to the ‘best quarter on record’ with shoppers returning to stores in force since the easing of lockdown restrictions back in April. According to the latest BRC-KPMG retail sales monitor, total sales in June increased 13.1 per …

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Gap to close all 81 UK and Ireland stores and move online-only to ‘meet shoppers where they are’

Fashion retailer, Gap is exiting the UK high street, with plans to close all 81 stores in the UK and Ireland, the American company has confirmed this week. The decision has been struck following a review of the fashion brand’s operations across Europe and will see the company shift to …

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Disney confirms it’s in ‘consultation with group of UK Stores’ over closures

Disney has confirmed that it is holding consultations with an initial group of stores in the UK about their closure in its first official acknowledgement of speculation that all but its flagship London store was to shut up shop in the UK. Rumours have been circulating that Disney has been …

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Up to 70 of the UK’s shopping centres face closure and redevelopment due to shifting consumer habits

Around 70 shopping centres across the UK are facing the threat of closure owing to the longer lasting impact of the coronavirus pandemic and the lean into online shopping over the past year. Reports suggest that over-expansion of retail space must also be factored in when assessing the current health …

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Mary Portas and Charlotte Tilbury appeal for Shop Out to Help Out scheme to support indie retailers next month

The High Street hero, Mary Portas has issued a plea to the government to support family-run stores with a Shop Out to Help Out scheme upon the lifting of restrictions on non essential retailers this April 12th. Portas has joined major high street names in fashion and beauty, Henry Holland …

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Chancellor ‘considering tax on online giants’ to help payback Government’s Covid spending

Amazon and other major online retailers could be facing a new online sales tax to help the UK pay its debts following extensive borrowing during the pandemic. Treasury sources have confirmed that Chancellor Rishi Sunak is considering initiating a tax that will target companies who have done well out of …

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Boohoo buys Debenhams brand and website – but no rescue of high street stores or workforce

The online fashion giant, Boohoo has bought the Debenhams brand in a £55 million deal that will not include rescuing the retail chain’s physical stores or its workforce. Instead, Boohoo plans to “rebuild and relaunch the Debenhams platform” as it continues in its ambitions to lead the fashion ecommerce market, …

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US retail giant Authentic Brands makes plans for Debenhams and Arcadia Group takeover

The US retail giant, Authentic Brands, has divulged plans for a double takeover of the collapsed department store chain Debenhams and Topshop-owner Arcadia Group. According to a report from The Sunday Telegraph, Authentic Brands, the owner of the New York department store brand, Barneys, has been in talks with the …

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