All High Street articles – Page 19
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Comment & Opinion
The emotional and financial reaction to JLP employee ownership plans
Proposals to rip up JLP’s long-standing 100% employee ownership model have whipped up a media storm
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Comment & Opinion
Budget fails to alleviate pressure on companies caught in cost of living crossfire
After the chaos unleashed by the mini-budget last November, Jeremy Hunt’s ‘steady as she goes’ budget was not exactly unwelcome – though it left grocery industry participants frustrated that more help isn’t being offered
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News
City News: Greggs shares under pressure as stubborn inflation eats into profits
It was mixed picture for Greggs this week as the high street bakery chain revealed a 23% jump in 2022 revenues to £1.5bn but a mere 1.9% increase in pre-tax profits to £148.3m as soaring inflation ate into the bottom line.
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News
Hotel Chocolat to relaunch free sampling in shops after Covid cancellation
Hotel Chocolat stopped offering free samples to customers during the Covid-19 pandemic
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News
City snapshot: Bakkavor pushes revenues beyond £2bn but soaring costs weigh on profits
Bakkavor has reported a “robust” annual performance as like-for-like revenues exceeded £2bn but profits were weighed down by inflationary headwinds totalling more than £200m
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News
City snapshot: Record store openings drive sales boom for Greggs
Revenues at Greggs have soared as the high street bakery chain opened a record number of new shops in 2022
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Comment & Opinion
Food to go is back but not as we knew it, finds new report
Lumina’s Food to Go Report 2023 shows the market is adapting fast to the cost of living crisis
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News
Poundland launches price comparison campaign
The variety discounter has been comparing its prices to those of Asda, Morrisons and Wilko on in-store posters
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News
Costa Coffee hikes pay for third time this year, as part of £12m investment in staff
Staff will also be paid a cash bonus dependent on store performance
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News
City snapshot: Footfall growth slows as high streets and shopping centres outperform retail parks
According to the monthly BRC-Sensormatic IQ Footfall Monitor UK retail footfall fell back in February after Christmas and the January sales amid concerns that shoppers are making fewer visits to the shops due to pressures on the cost of living
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News
Business rates still ‘broken’ despite savings for retail, says BRC
BRC CEO Helen Dickinson was responding to an announcement from the Treasury this morning that retail’s business rates bill will drop by a fifth from April
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News
Wilko rolls out click & collect to all stores
Any online purchase can be ready to collect from store in as little as three hours, at no extra charge
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Promotional Features
Why changing shopper habits are forcing retailers to adapt
Greater format choice and flexibility are vital to meet evolving customer needs in today’s challenging retail environment. Find out how Post Office is helping retailers adapt to growth in the parcels market.
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News
City snapshot: Retail footfall recovers as workers and tourists return
Retail footfall continues to recover towards pre-pandemic levels in January as the return of office workers and international tourists boosted high street numbers
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Comment & Opinion
Low traffic neighbourhoods are a death knell for independent stores and cafés
Councils forcing these schemes on residents are ignoring the concerns of traders, says Joanna Blythman, food journalist and author of Swallow This
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News
Tesco snaps up Paperchase from administration
The deal involves he Paperchase brand and related intellectual property, rather than the 106 Paperchase stores across the UK, which employ about 820 staff
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News
Poundland plans biggest store opening spree yet
It’s the latest sign of how a recent business rates revaluation is already boosting retailers’ confidence to open more stores, according to property consultancy Colliers
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News
Superdrug urges customers to donate hygiene products
Superdrug’s charity partner, Beauty Banks, has reported an 80% increase in demand in 2022 compared with previous years
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News
City snapshot: UK retail footfall steadily improves in 2022 but remains below pre-Covid levels
Footfall across UK retail destinations remains significantly lower than before the pandemic but improved steadily throughout 2022, a new report has revealed.
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News
Boots relaunches price lock campaign but scales back number of products included
Boots had a long-running price lock on over 1,500 own-label lines in 2022, lasting from June until the end of the year