Tag Archives: High Street

Government plans for further financial support to Covid-hit retailers

Government ministers are in talks with the Treasury to extend financial support for Covid-19 hit businesses and the current business rates holiday for a retail and hospitality sector that has endured a year of upheaval at the hands of the pandemic. Following warnings from the Labour party of a £50 …

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Small Business Britain urges UK toy shops and companies to enter Small Business Awards

The UK’s small businesses are being urged to get involved with this year’s Small Awards, a nationwide search for the best small firms the country has to offer, conducted by the team behind Small Business Britain. First launched in 2017, the annual awards have 11 unique categories across everything from …

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Chancellor ‘considering tax on online giants’ to help payback Government’s Covid spending

Amazon and other major online retailers could be facing a new online sales tax to help the UK pay its debts following extensive borrowing during the pandemic. Treasury sources have confirmed that Chancellor Rishi Sunak is considering initiating a tax that will target companies who have done well out of …

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BeeZee launches app for online consumers looking to shop with local indie retailers

Independent toy shops lacking the infrastructure to compete with some of the biggest online retailers are being offered a means of leveling the playing field, through the launch of BeeZee – a new app and website that lets users shop locally from their own home. Launched as a means of …

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Debenhams’ co-CEO exits the business following winding-up orders after Boohoo deal

Debenhams’ co-CEO is leaving the business following the issuance of court orders to wind up its operations after the acquisition deal with online retailer Boohoo was struck this week. The co-chief executive, Steven Cook, will be exiting the Debenhams business following a four year stint with the department store chain …

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Owners of Edinburgh’s Jenners ‘will return department store to former glory’ as House of Fraser exits

The owner of Edinburgh’s iconic department store, Jenners, has insisted that it will see it ‘returned to its former glory as a retail destination’ upon the departure of Mike Ashley’s Fraser Group, who will be vacating the premises for good this May. News broke yesterday that the department store building …

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Boohoo buys Debenhams brand and website – but no rescue of high street stores or workforce

The online fashion giant, Boohoo has bought the Debenhams brand in a £55 million deal that will not include rescuing the retail chain’s physical stores or its workforce. Instead, Boohoo plans to “rebuild and relaunch the Debenhams platform” as it continues in its ambitions to lead the fashion ecommerce market, …

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Indie insight: Armadillo Toys’ Lisa Clay on lockdown spirit and being the BTHA’s Ultimate Superhero

For the past 17 years, the independent retailer Armadillo Toys has been supplying the Leeds locals with an offering of traditional toy and games, while embedding itself at the centre of a community of parents and children spanning almost two decades. When the pandemic first struck last year, owner Lisa …

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Retail warns of “revenue-crushing” impact on sector should click-and-collect ban spread

The British Retail Consortium and Scottish Retail Consortium have warned that the curb on non-essential click and collect services could prove ‘disastrous for an already beleaguered retail industry,’ with far wider implications for the UK’s retail sector should the ban widen. The warning has been issued since yesterday’s breaking announcement …

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Whirli learning: Selling toys the Whirligig way – inside the UK’s independent ‘make and do’ retailer

A former teacher-turned-coffee shop owner-turned-managing director of the UK’s biggest independent toy retailer outside of a buying group, Whirligig Toys’ Peter Allinson is a champion of the ‘things to make and do’ toy space. ToyNews takes a look at the working parts to find out what makes this toy retailer …

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