Tag Archives: High Street

Games Workshop staff receive £5000 bonus each as full-year profits spike 69 per cent

A big spike in profit over the last year, confirmed plans to expand in China, and a bonus of £5,000 to each member of staff compound another successful end of year for the UK-based tabletop gaming brand, Games Workshop. In its trading update issued this week, the tabletop figures retailer …

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Freedom Day tipped to spark a nearly 20 per cent increase in high street footfall this week

Retail footfall is predicted to rise by 19.7 per cent this week, as shoppers take to high streets and towns now free of the remaining Covid-19 restrictions with face coverings and social distancing no longer mandatory in England. In the latest from the retail analysts, Springboard, footfall is tipped to …

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John Lewis reveals plans to cut 1,000 jobs amid cost saving and management restructure

The John Lewis Partnership is planning to cut 1,000 jobs across its John Lewis and Waitrose stores in a move to simplify its management structures and cut costs. The business’s owners have said they will aim to find new jobs for those losing their store management roles and would aim …

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UK government considering plans to increase business rates revaluations

The UK government has launched a consultation to consider plans to increase the frequency of business rates revaluations that could see them take place every three years rather than the current five year period. The consultation has been launched by the HM Treasury as part of the government’s wider review …

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UK retail profits could shrink by £8bn in next four years, says research

UK retailers could see profits fall by £8bn in the next four years, according to a new report from Alvarez & Marshal in partnership with Retail Economics, a direct result of the ‘seismic shift’ to ecommerce fuelled by the Covid-19 pandemic. In the report issued by the global services firm, …

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Maybe* Tech searches for Champions to build High Street Guide ahead of Independent’s Day UK

A new search has been launched by the team behind Local Rewards to find 3,600 people from around the UK interested in becoming the champions of their local high streets. Local Rewards is a free to access service that aims to help retailers in towns around the country recover from …

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Thames & Kosmos adds a little Magic to Independent’s Day UK next month

Thames & Kosmos is looking to add a little bit of magic to this year’s Independent’s Day UK, showing its support of the country’s independent toy retailers with a special deal on its popular magic trick ranges. On Saturday, 3rd and Sunday 4th July independent retailers across the UK are …

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Waterstones boss indicates “UK retail boom” following sell-out success of puzzles during pandemic

The boss of the high street book, games, and puzzles retailer, Waterstones has described the UK as ‘going through a retail boom’ as customers choose to spend their money in shops and online, in the wake of foreign travel and with much of the hospitality sector at the mercy of …

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UK sees “strongest sales growth of the pandemic” as May retail increases 10 per cent

Pent up demand for in-store shopping, coupled with the reopening of hospitality and enduring appreciation of the return of non-essential retailers, has helped the UK’s retail scene to the strongest sales growth of the pandemic. On a total sales basis, sales have increased 10 per cent in the four weeks …

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Geek Retreat on track to open first 60 of its planned 100 UK stores

Geek Retreat, the geek culture retailer, gaming café and events venue rolled into one, is on track to open 60 of its planned 100 new stores on UK high streets by the end of 2021, creating 360 jobs around the country. The franchise is on track to meet its previously …

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