All Policy & legal articles – Page 39
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NewsDepartment stores could be given protected status
Department stores in England could be given protected status after the body that looks after historic buildings launched a review of high streets across the country.
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NewsMarks & Spencer details Oxford Street redevelopment plans as inquiry date set
Marks & Spencer has elaborated on the public realm and sustainability benefits of the proposed redevelopment of its flagship Oxford Street store ahead of an inquiry into the proposals.
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Analysis‘The days of cheap food are over’ – how food security concerns are fuelling higher prices
With the entire UK state fraying at the seams, surging energy prices, war in Europe and heatwaves have exacerbated worries about the country’s long-term food security
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AnalysisPM for a day: What M&S, Co-op and AO’s leaders would do in the top job
As Rishi Sunak and Liz Truss challenge each other for leadership of the Conservative Party and the country, all eyes are on them for solutions to pressing problems such as the cost-of-living crisis.
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NewsHarrods takes tough line on strike threat
Department store Harrods may take advantage of new legislation and draft in agency workers in the face of strike action.
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Opinion‘As strikes and price rises convulse the country, retailers’ agility stands them in good stead’
With strikes hitting rail, mail and ports, retailers face another challenging summer – but they have the resourcefulness and people to adapt to the turmoil, says George MacDonald
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NewsGovernment fears energy blackouts could lead to empty supermarket shelves
The government has reached out to supermarket leaders to gauge what effect major power outages might have on the UK’s food supply as fears about the energy crisis grow
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NewsIndustry leaders call for police to crack down on surging levels of retail crime
More than 100 industry leaders have signed a letter calling on the police to prioritise retail crime as levels of abuse, violence and antisocial behaviour surge across the country
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NewsRetailers call for ‘urgent action’ on business rates from Sunak and Truss
The Retail Jobs Alliance, which includes many big retailers, has urged Conservative and prime ministerial contenders Rishi Sunak and Liz Truss to address the “unsustainable burden” of business rates
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NewsAddress tight labour market to help combat inflation, urges John Lewis boss
John Lewis Partnership chair Dame Sharon White has cautioned that higher inflation is inevitable unless more people return to work
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Opinion‘As recession looms, how will consumers behave this time around?’
Leaders must look back at how retail fared in 2008, the last prolonged recession in the UK, for indicators of how spending may play out next year, advises PwC consumer markets leader Lisa Hooker
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NewsBank of England warns UK will fall into recession this year as interest rates soar
The Bank of England (BoE) has said the UK economy will crash into a recession by the end of the year as it raised interest rates to their highest point in 27 years.
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NewsRetail calls on Truss and Sunak to address business rates failings
The British Retail Consortium has written to both Conservative leadership contenders to outline the sector’s concerns ahead of the ballot result on September 5.
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AnalysisValue over values – will the cost-of-living crisis slow retail’s sustainability ambitions?
UK retailers tackling the combination of a climate crisis and the largest drop in disposable income in generations are forging strategies with both events in mind
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NewsSunak pledges to ‘save the high street’ with revitalisation plan
Prime ministerial contender Rishi Sunak has unveiled a plan to “save the high street”, as he battles for the Conservative leadership.
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NewsAsda, Asos and Boohoo face CMA probe into ‘green’ claims
The Competition and Markets Authority (CMA) is to investigate the sustainability credentials of online fashion specialists Asos and Boohoo, along with Asda’s George clothing division.
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NewsShop vacancies fall for third quarter in a row
The national store vacancy rate has improved for the third quarter in a row but is still above the pre-pandemic level.
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NewsJD Sports confident of delivering record profit and sales
JD Sports has said it expects to deliver a second straight year of record profits and revenues despite the ongoing cost-of-living crisis ahead of its AGM later today
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NewsTransitional relief will cost retailers £1bn as Frasers boss calls for ‘hard and deep’ cuts
The British Retail Consortium has warned transitional relief could cost retail £1bn over the next three years, as Frasers boss Michael Murray called for drastic government action.
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AnalysisDeep dive: After Bank of England’s horror warning, is your business recession-ready?
Soaring energy prices, growing inflation and nose-diving consumer confidence present a perfect storm for retailers in 2022. What can be done to weather it?