Cognitive decline costs pensioners £30,000, warns IFS
New IFS research reveals cognitive decline erodes £30k of wealth for over-65s, urging urgent pension reforms and advance financial planning to protect savings.
Category : Search result: retail decline
Oliver Bonas announces new UK store openings and relocations
Oliver Bonas reveals a wave of new store openings and relocations across England and Scotland before year-end, with 20 more planned for 2025. Discover the full list of locations.
Boxing Day 2025: Shopper Numbers Up 4.4%
Boxing Day proved a 'bumper day' for UK retail as footfall jumped 4.4%, the strongest increase in over ten years. Discover how high streets, retail parks, and coastal towns performed.
Boxing Day footfall jumps 4.4% in biggest surge for 10 years
Boxing Day 2024 delivered a bumper boost for UK retailers, with footfall up 4.4% in the strongest rise for over a decade. Discover where and when shoppers flocked for bargains.
All-Year Christmas Café in Ironbridge Closes Doors
A festive café and shop in Ironbridge that celebrated Christmas daily has shut after six years. Owner Kim Warren cites rising bills and high street decline but will continue trading online.
Telford retail park bids to increase unit size for superstores
British Land applies to boost maximum store size at Telford Forge Retail Park to attract larger retailers, aiming to secure long-term tenancies and support the local economy. Read the full details.
Major UK Shoe Chain Axes 100 Jobs After Sales Plunge
VF Corporation, owner of Vans and The North Face, axes nearly 100 UK jobs after a 10% sales drop. Turnover falls to £321.5m as consumers cut spending. Read the full financial analysis.
Mothercare Plans Rebuild After £1.4m Loss and Sales Fall
Mothercare announces plans to rebuild its UK and global operations despite posting a £1.4m loss and a 25% sales drop. The retailer says it has 'stabilised' and is seeking a new CEO.
Next and Currys warn new worker rules will cut jobs
Retail leaders warn Labour's new workers' rights legislation will lead to fewer jobs and hurt high streets. Read the full industry reaction and analysis.
Scope to close 77 charity shops by March 2026
Disability charity Scope announces plans to close 77 of its 138 UK shops, including in Birmingham, to save £4m. The high street faces rising costs and a shift to online.
Matches Fashion set for UK return in 2026
Matches Fashion is set for a comeback in Britain next year under new owners Joe Wilkinson and Mario Maher. Discover their vision for the revived luxury brand.
River Island to close 33 stores in UK rescue plan
River Island will close 33 UK stores by January's end as part of a restructuring plan to save its retail business. See the full list of affected locations.
Walsall high street has over 40 empty shops
Walsall's once-thriving high street now has over 40 vacant units, with locals describing a 'dying ghost town'. Discover the impact on community and business.
High Street Decline: Retail Footfall Falls in November
New data reveals a 0.8% year-on-year drop in UK retail footfall last month, driven by Autumn Budget tax fears and poor weather. Industry leaders call for a new high street revival plan.
Welsh shopper numbers fall in November, data shows
New figures reveal a 0.4% year-on-year drop in Welsh retail footfall for November, with Cardiff among the hardest-hit UK cities. Retailers now pin hopes on a December surge.
Black Friday slows UK shop price inflation
Black Friday sales led to a slowdown in shop price rises across the UK high street in November, new data reveals. Discover how consumer deals impacted inflation.
McArthurGlen West Midlands to Add 25 New Stores
McArthurGlen Designer Outlet West Midlands is expanding from 75 to 100 stores, creating up to 500 new jobs by 2027. Discover the latest retail growth in Cannock.
Driving habits may be early warning sign of dementia
New research reveals that changes in driving habits, tracked by GPS, can detect mild cognitive impairment with 87% accuracy. Learn how this could lead to safer roads and earlier interventions.
Bearwood traders battle crime and litter crisis
Frustrated Bearwood traders reveal how crime, litter and 24/7 shops are driving customers away. Shop owners consider leaving as area's reputation suffers.
Petrol sales collapse as electric vehicle demand surges
New data reveals a dramatic shift in UK car sales, with electric vehicles capturing over a quarter of the market. Industry leaders warn government policy could jeopardise this green growth.
Pets at Home profits slump 33.5% in worrying report
Pets at Home reports 33.5% profit drop as retail business struggles. Bosses announce urgent action plan including £20 million cost-cutting programme to revive the 34-year-old chain.
Next uses AI scanners to combat shoplifting
Next implements AI 'Thruvision' technology detecting stolen goods hidden in clothing. The system uses body heat detection and has already reduced theft in warehouses. #RetailSecurity
River Island to Close Altrincham Store Amid Restructuring
River Island is shutting its Altrincham store in a major restructuring plan, with 71 more UK locations at risk. Discover the full list of closures and the reasons behind the high street exodus.
JD Sports profit hit by unemployment and warm weather
JD Sports Fashion warns annual profits will be at the lower end of forecasts due to rising UK unemployment and unseasonably warm autumn weather. Discover the full impact on sales.
Claire's closes Richmond store amid UK administration
Claire's accessories store vanishes from Richmond high street as part of major closures following US bankruptcy and UK administration. Find your nearest store.
New M&S and Greggs drive-thru approved for Burton
Plans for a major expansion of Shobnall Retail Park in Burton have been approved, bringing a new M&S, a drive-thru Greggs, and a 24-lane bowling alley. The development will create 150 jobs and add 400 parking spaces. Discover the full details of this exci
Man injured and cars smashed in Birmingham fracas
Armed police raced to a Birmingham retail park after a violent disorder left one man injured and multiple cars damaged. The incident occurred in the early hours of Sunday morning. Contact police with information.
Wales' start-up crisis: Business creation falls 25%
New data reveals Wales faces an entrepreneurial crisis with start-ups declining 25% - nearly double the UK average. Discover the economic impact and urgent solutions needed.
West Midlands house prices fall by up to £109k
House prices in the West Midlands have fallen by as much as £109,000 in a year. Discover the top 10 areas affected and the latest ONS data. Read the full report now.
Starbucks closes 10 UK branches in cost-cutting drive
Starbucks is closing 10 coffee shops across the UK as part of a portfolio review. Discover the full list of affected locations and the reasons behind the closures.
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