£1.5bn Business Rates Rise Threatens UK High Street Shops
Major UK retailers face a £1.5bn business rates hike from April 2026, threatening store closures and job losses as the industry warns of a 'tipping point' for the high street.
Category : Search result: high street retail
UK Retail Giant Collapses, Thousands of Jobs at Risk
A major British retail chain has fallen into administration, threatening the futures of hundreds of stores and throwing thousands of employees into uncertainty. Administrators scramble to find a buyer.
Fashion chain to close 106 stores in massive high street blow
A major UK fashion retailer is set to close 106 stores across the country, putting hundreds of jobs at risk in a devastating blow to the British high street.
Reeves: Business Rates Are A Punitive 'High Street Tax'
Chancellor Rachel Reeves vows to overhaul the UK's business rates system, branding it an unfair 'high street tax' that stifles growth and punishes brick-and-mortar retailers. Discover the plan for reform.
Reeves Scraps Business Rates in Major Tax Overhaul
Chancellor Rachel Reeves announces the abolition of the current business rates system, launching a comprehensive review to create a fairer tax regime for UK high streets and level the playing field with online giants.
Sainsbury's Confirms New UK Supermarket Closure
Sainsbury's has confirmed the closure of another large supermarket, impacting jobs and shoppers. Discover the full list of locations affected and the company's new strategic focus.
Primark Profits Soar as Shoppers Return to High Streets
Primark's parent company, ABF, reports a significant surge in sales and profits, driven by post-pandemic demand and new store openings across Europe.
UK Christmas Sales Threatened by Looming Tax Hike
New analysis reveals a 'perfect storm' for UK retailers this Christmas, with a potential sales tax hike threatening to dampen consumer spending during the crucial festive period. Shoppers could face higher prices as the Treasury reviews business rates.
John Lewis & Primark Defy Gloomy Retail Forecast
In a surprising turn, John Lewis and Primark report strong sales growth, challenging the broader retail downturn and offering a glimmer of hope for the UK high street.
UK Phone Shops Lock Doors to Tackle Soaring Thefts
Faced with a dramatic surge in violent robberies, major UK mobile phone retailers are implementing a radical new security protocol: keeping their doors locked during business hours. This desperate measure highlights a growing crisis for high-street retail
Major UK Store Closures: Full September 2024 List
Major retail chains including Boots, M&S and Iceland are shutting multiple stores across Britain this month. See if your local high street is affected.
Beauty chain collapses: 32 stores close, 450 jobs axed
Major UK beauty retailer falls into administration, triggering immediate closure of 32 stores and devastating 450 job losses across the country in latest high street blow.
John Lewis and Primark sales surge defies retail gloom
In a surprising turn, John Lewis and Primark report strong sales growth, challenging the broader retail downturn and offering a glimmer of hope for the UK high street.
Home Bargains Closes All UK Stores for 3 Days in September
Discount retail giant Home Bargains is set to close all its UK stores for three days in September for an extensive staff training programme, promising a revamped customer experience upon reopening.
Claire's to close UK stores in restructuring move
Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.
John Lewis to create 10,000 new jobs in major expansion
John Lewis Partnership announces major expansion plan to create 10,000 new roles in rental services, financial products, and refurbished furniture, marking significant shift in retail strategy.
Giorgio Armani opens new luxury boutique in London's Knightsbridge
Fashion icon Giorgio Armani opens a stunning new concept store in London's Knightsbridge, marking a major expansion for the Italian luxury brand in the UK capital.
M&S Confirms Marble Arch Store Closure Date
Marks & Spencer confirms the closure date for its iconic Marble Arch store, part of a major restructuring plan to shift focus towards out-of-town locations.
CEX staff slammed for 'offensive' retail worker display
Electronics retailer CEX has sparked fury after employees created a controversial window display featuring a mannequin slumped over a till, labelled 'Average Retail Worker'. The stunt has been branded 'disgusting' and 'tone-deaf' by furious customers.
Woman arrested for stealing Slushi Ninja machines from Target
Christine Woodson faces multiple felony charges after police allege she orchestrated a brazen scheme to steal high-value Slushi Ninja machines from Target stores across Virginia in a sophisticated retail crime operation.
Security guard exposes UK's organised shoplifting gang tactics
A veteran supermarket security guard reveals the sophisticated and brazen methods used by organised criminal gangs to plague UK retailers, costing millions and creating a climate of fear for staff and shoppers.
Poundland Shuts 11 More Stores: Full Closure List Revealed
Poundland confirms 11 additional UK stores are set to close permanently in 2024, following a strategic review by parent company Pepco. Discover the full list of affected locations and what it means for the high street.
The Works to close six stores in UK high street shake-up
Another beloved high street name announces a wave of closures across England and Wales, impacting jobs and local communities. Get the full list of affected locations and the reasons behind the decision.
Claire's rescued from administration in last-minute buyer deal
Jewelry and accessory retailer Claire's avoids collapse after a last-minute acquisition deal saves hundreds of UK stores and thousands of jobs. Full details on the rescue plan.
Claire's UK rescued from bankruptcy by new buyer
The iconic accessories chain Claire's has been saved from bankruptcy after a new buyer stepped in to acquire its UK and European operations, securing the future of its British high street stores.
Hobbycraft to Close Six UK Stores in Major Shake-Up
Arts and crafts retailer Hobbycraft is set to close six stores across the UK in a major restructuring plan, putting dozens of jobs at risk. Get the full details on the locations and the company's strategy.
House of Fraser's London Oxford Street Store to Close
The historic House of Fraser store on London's Oxford Street is set to close its doors for good, marking another major blow to the UK's struggling high street and retail sector.
'Scary' UK High Streets Force Shops to Flee
Residents and business owners voice their fears as soaring crime, anti-social behaviour, and neglect turn once-thriving high streets into no-go zones, prompting a retail exodus.
JD Sports UK Sales Slump 4.2% as Confidence Wobbles
JD Sports reports a sharp 4.2% drop in UK sales, blaming fragile consumer confidence and a 'challenging' market. The retail giant's warning signals trouble for the wider high street.
California Police Bust Massive £3.5M Home Depot Theft Ring
Authorities in California have dismantled a sophisticated organised crime ring accused of stealing over £3.5 million in merchandise from Home Depot stores across multiple counties.
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