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Latest Finance News related to Stores Closing

Ministers expected to soften impact of business rate changes image
Source : Guardian [Read Article] Tuesday 21st of February 2017 09:03:22 PM
....Bryars is particularly irked by the way the revaluation process has benefited online stores at the expense of the high street. “People see independent stores closing and think those businesses couldn’t cut it in the modern world because of the internet,” he said. ...
UK retailers' sales hit by bad weather and early Easter image
Source : Guardian [Read Article] Monday 11th of April 2016 11:01:03 PM
....Some economists had expected the earlier Easter to boost sales, as it has done in previous years when people splash out on seasonal foods and gifts. But the BRC report noted the opposite effect, with pressure on food sales from stores closing on Easter Sunday. ...
Can the high street survive without large chains? image
Source : Telegraph [Read Article] Saturday 14th of March 2015 02:30:06 PM
.... There have been numerous reports about “saving” Britain’s high streets. Closure rates remain stubbornly high, with 16 stores closing daily in the first half of 2014, according to the Local Data Company. ...
New chapter and big questions ahead for DIY empire behind B&Q image
Source : Telegraph [Read Article] Saturday 7th of March 2015 06:00:36 PM
....” . Simon Irwin, analyst at Credit Suisse, said Laury is likely to look at a “refocused version” of the existing strategy rather than “radical change”, with the plan centring on a “restructuring” of B&Q’s property that could involve 30 stores closing. ...
Sainsbury's boss predicts supermarket fightback image
Source : Telegraph [Read Article] Thursday 8th of January 2015 12:11:43 AM
.... Nonetheless, Mr Coupe said the pressure on the industry “has the potential to lead to structural change”, including consolidation. However, he dismissed the prospect of “large numbers” of out-of-town stores closing because “most” food shopping will still be done in traditional supermarkets. ...
Phones 4u axes 1,700 jobs as retailer shuts 362 stores image
Source : Independent [Read Article] Tuesday 23rd of September 2014 09:33:07 AM
....". Breakdowns of stores closing will be available today, administrators said. ...
Breaking the chains on high streets: A movement for independent local loyalty cards plans to go nationwide image
....What started as a regional push to get people shopping locally is spreading across the country, armed with the latest weapons against the chain stores hogging the high street. Independent shops have been badly hit by the financial crisis, with 18 stores closing every day last year across the UK's biggest town centres. ...

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