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Tuesday
Apr222014

Rotherham showing the way to revitalise a high street

High Streets Minister Brandon Lewis

High Streets Minister Brandon Lewis and retail expert Mary Portas today (15 April 2014) visited Rotherham high street in Yorkshire to see first hand how it went from struggling to thriving in only 2 years.

The once challenged town centre has been rejuvenated and become a leading example of what can be achieved by a Portas Pilot and £100,000 of government funding.

Rotherham is showing how high streets can adapt to changing consumer behaviour and become social places which offer something that the internet cannot.

(Read more, www.gov.uk)

Tuesday
Apr222014

UK shops' Easter weekend footfall down 1.9% on 2013, The Guardian 21 Apr 14

Photo: Adrian SherrattRetailers suffered a drop in shopper numbers over the crucial Easter weekend, according to figures that deal a blow to hopes of a bounceback this month after a tough March.

News that footfall in UK shops was down 1.9% on last Easter underscored the fragility of consumer confidence after years of squeezed incomes, according to the retail data company Springboard.

Its figures, which count shoppers out and about and not actual sales, showed that shopping centres fared worst over the weekend while out-of-town retail parks – traditionally boosted by shopping for DIY products on bank holiday weekends – were the best-performing category.

(Read more, The Guardian 21 Apr 14)

Tuesday
Apr082014

Local shops and pubs could get a third extra off tax bill - Gov.UK, 1st April 14

As part of the government’s long-term economic plan, the biggest package of business rate support in over 20 years to help high streets goes live today (1 April 2014), Communities Secretary Eric Pickles announced.

Many businesses already get 100% discount as a result of government policy. The tax changes that come into effect at the start of the new tax year mean nearly 300,000 eligible small shops in England will benefit further. In some cases this could give a typical small shop, pub or restaurant with a rateable value of £10,000 savings of 30% extra or more when compared to last year’s business rate bill.

(Read more, www.gov.uk)

Tuesday
Apr082014

Independent retailers plug high street gaps - The Guardian 25 Mar 14

Research shows the number of independent shops on British high streets has risen every year since 2009 - but growth is slowing. 

A beauty salon: across the country there was a net growth of 762 independent shops last year. Photograph Graham Turner for The Guardian.

Independent mobile phone shops, barbers, tailors and tattoo parlours are becoming the new linchpins of Britain's rapidly changing high streets as the exodus of chain stores continues. 

"As chains cut their links with high streets our towns are showing signs of reverting to older models of economic activity, where they serve the needs of physical customers in physical stores, alter their clothes, style their hair and mend their broken iPhones," said British Independent Retailers Association (BIRA) deputy chief executive Michael Weedon. 

(Read more, www.the guardian.com)

 



Monday
Mar312014

Business booming on in Spennymoor, The Journal 18 March 2014

So many new businesses have set up on Cheapside in Spennymoor that it has been unofficially renamed Enterprise Street. 

A group of new business owners in a County Durham road have launched shops in the last few weeks at such a rate, it is being called Enterprise Street. 

The most recent business to open on Cheapside, Spennymoor, is The Cake House. It is owner Tracy Parnaby's first step into full-time self-employment after taking redundancy from Durham County Council. She was given a loan from Transmit Start-Ups which funded fixture and fittings needed to operate.

(Read more, www.the journal.co.uk)