Category : Search result: retail sector crisis


US Mall Exodus: Crime and Economy Hit Towson Town Center

Maryland's once-thriving Towson Town Center sees a rapid exodus of retailers, with Tommy Bahama, Banana Republic, and Wockenfuss Candies closing. Rising crime and economic pressures mirror a national retail crisis. Read the full analysis.

US Mall Decline Accelerates with Crime and Closures

Another major US shopping centre, Maryland's Towson Town Center, sees a rapid exodus of retailers. Tommy Bahama, Banana Republic, and a local candy store close as crime spikes and footfall plummets. Read the full analysis.

Cheap as Chips sold to Choice after administration

The beloved discount chain Cheap as Chips has been thrown a lifeline after collapsing into administration. Read how the deal with Choice the Discount Store will save hundreds of jobs and reshape the bargain retail sector.

Scope charity shop chain closing 77 stores in 2025

Disability equality charity Scope is shutting 77 high street shops this year, with three closing this weekend. The move puts 200 jobs at risk and impacts 2,000 volunteers. Read the full list of closures.

Black Friday abuse crisis hits UK retail workers

As Black Friday begins, the Retail Trust reveals 77% of shop staff face intimidation. The charity urges shoppers to show respect with simple smiles and thank yous during the festive rush.

Bunnings Faces Pressure to Ban Dogs From Stores

The beloved DIY chain Bunnings finds itself at the centre of a heated national debate as calls intensify to prohibit pets in stores following a series of concerning incidents. As opinions clash between animal lovers and safety advocates, we examine whethe

Australian Public Service Wages Jump 3.4%

New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.

Birmingham Indoor Market faces uncertain future

The iconic Birmingham Indoor Market, a cornerstone of the city's retail landscape for decades, faces an existential threat as traders and shoppers voice fears over its potential closure following redevelopment plans.

M&S shares suffer worst day since pandemic

Marks & Spencer shares experienced their sharpest decline since March 2020 after the retail bellwether warned of weaker profits, sending shockwaves through the UK retail sector.

Carter's announces UK store closures and layoffs

Popular homeware retailer Carter's confirms sweeping store closures and layoffs across Britain, citing inflation, supply chain issues, and changing consumer habits as key factors.

Tourist tax costs UK hospitality £4.1 billion

New research reveals the devastating £4.1 billion economic impact of the tourist tax on UK hospitality, with businesses urging government action to reverse the decline.

Seasalt to open 30 new UK stores in major expansion

Popular Cornish fashion brand Seasalt is embarking on its biggest retail expansion yet, planning to open 30 new stores across the UK and create 350 jobs as demand for their colourful designs continues to grow.

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