Brits predict demise of independent retailers on high streets

Posted today - 10:30am |
Money Matters

The survey by KIS Finance also found that 61% of Brits are ‘worried the high street will disappear in the next 10 years’

Retailers cautious despite return to sales growth

Posted Monday |
Money Matters

‘The risk of a disruptive no deal Brexit could see these fortunes reversed,’ said BRC CEO Helen Dickinson

Shop prices ‘still inching up’, says BRC

Posted 7th February |
Money Matters

While non-food prices remain in deflationary territory, the BRC expects to see them begin to rise

British Ceramic Tile falls into administration

Posted 30th January |
Money Matters

The business has ceased trading, with more than 300 people being made redundant

Footfall drops in December despite Christmas shopping

Posted 17th January |
Money Matters

The figures make ‘undeniably strong evidence that retailers can no longer rely on Christmas trading to redeem revenue’

Norcros to buy South African plumbing company

Posted 16th January |
Money Matters

The group looks set to acquire Johannesburg-headquartered House of Plumbing for around £12.1m

‘Worst Christmas for retail since 2008,’ says BRC

Posted 15th January |
Money Matters

The organisation said this means a ‘challenging start to 2019’ for retailers

Revenue increase for AO World in Q3 2019

Posted 11th January |
Money Matters

UK revenue was up by 4.4%, with the group reporting a ‘positive response’ from customers on Black Friday

Deflation on non-food shop prices slows

Posted 10th January |
Money Matters

‘December’s shop price figures underline how tough conditions are in the retail industry,’ said Helen Dickinson

Topps Tiles sees drop in revenue in Q1 2018-19

Posted 9th January |
Money Matters

The group said its priorities remain ‘profitable sales growth and tight control of costs’

Fletcher Building sells Formica Group to Broadview

Posted 18th Dec 2018 |
Money Matters

The laminate manufacturer’s new owner has combined sales of around €700m as well as 2,900 staff

Footfall declines ‘significantly’ in November 2018

Posted 14th Dec 2018 |
Money Matters

The ‘Black Friday effect’ of driving more shopping online during the period is becoming longer, the BRC noted

Mild shop price inflation returns in November

Posted 7th Dec 2018 |
Money Matters

However, prices remained almost unchanged last month, meaning good news for consumers in the Christmas run-up

Travis Perkins to sell plumbing and heating division

Posted 4th Dec 2018 |
Money Matters

The group said it will focus on trade customers and capitalise on Wickes’ advantages in the DIY and KBB markets

Online retailers thrive on Black Friday 2018

Posted 30th Nov 2018 |
Money Matters

Overall footfall declined by 5.4% on the national shopping day this year compared with Black Friday last year

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