Record Stock Levels Amid Brexit Uncertainty: Retailers Struggle with Declining Sales
In October, retailers' stock levels reached their highest point on record, according to the CBI Distributive Trends Survey, likely...
high street
UK Retail Faces Massive Job Losses and Changes Due to Automation
UK retail faces a potential loss of over 500,000 jobs due to automation, reveals the Harvey Nash/KPMG CIO Survey....
Retail Footfall Drops by 10% Over Last Seven Years Amid Brexit Uncertainty
In the last seven years, retail footfall has dropped by 10%, according to recent data from the BRC and...
Record Store Closures in H1 2019: 16 Stores Shut Down Daily
In the first half of 2019, a record-breaking 2868 stores closed down, with an average of 16 shutting daily,...
Fastest Retail Sales Drop Since Financial Crisis, CBI Reports
In a recent study by CBI, retail sales volumes dropped at their fastest rate since 2009, with 58% of...
UK Footfall Plummets in May: High Streets Hit Hardest
In a recent report from the BRC-Springboard Footfall and Vacancies Monitor, footfall declined by 3.5% in May compared to...
Primark Opens Largest Store in Birmingham
In a major expansion, Primark has opened its largest store yet in Birmingham, spanning five floors and boasting new...
Retail Sales Plummet in March Amidst Brexit Uncertainty
In a recent CBI Distributive Trades Survey, retail sales volumes dropped 18% in the year to March, marking a...
Reviving High Streets: Reforming Taxes and Strategies for Survival
In a recent report, the housing, communities, and local government committee called for reforms in outdated policies and an...
UK Retail Sector Struggles: 18,722 Jobs Lost or At Risk Since Christmas Day
In a troubling turn of events, 18,722 retail workers have lost their jobs or face potential job loss since...