Category : Search result: luxury retail crisis


UK's Best & Worst High Streets Revealed

Exclusive research by the Mirror names Westminster as Britain's top shopping destination, while Blackburn faces a stark struggle. Discover the full ranking and what it means for your local high street.

Seaside Town's High Street Beats UK Retail Crisis

Discover how a classic UK seaside resort is defying the national retail crisis with a bustling high street, independent shops, and a thriving community spirit that's drawing visitors back.

Kmart's Global Takeover: The Aussie Retail Giant's Next Move

The humble Australian discount retailer Kmart is taking the world by storm. Discover how its unique 'hustle' strategy and new Asian mega-store are setting the stage for global retail supremacy, challenging giants like Target and Big W.

Supermarket Squeeze: Seaside Shops Face Extinction

Independent retailers in a picturesque seaside town are fighting for survival as five major supermarkets open within one square mile, creating an unprecedented retail squeeze that threatens the town's unique character.

M&S Profits Surge 58% in Spectacular Turnaround

Marks & Spencer stages a remarkable financial comeback, with profits surging 58% as its bold 'Never the Same Again' transformation strategy delivers results. Discover how food and clothing sales are driving growth.

UK Retail Giant Collapses, Thousands of Jobs at Risk

A major British retail chain has fallen into administration, threatening the futures of hundreds of stores and throwing thousands of employees into uncertainty. Administrators scramble to find a buyer.

John Lewis blames government for Brighton store closure

John Lewis's flagship Brighton store is set to close, with management citing crippling government business rates as a key factor. The decision puts 300 jobs at risk and deals a major blow to the city's retail heart.

Claire's to close UK stores in restructuring move

Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.

CEX staff slammed for 'offensive' retail worker display

Electronics retailer CEX has sparked fury after employees created a controversial window display featuring a mannequin slumped over a till, labelled 'Average Retail Worker'. The stunt has been branded 'disgusting' and 'tone-deaf' by furious customers.

Vashi Dominguez's Jewellery Retailer Collapses into Administration

Exclusive: Vashi Dominguez's high-end jewellery venture, once a glittering success, collapses into administration. Discover the full story behind the downfall of the luxury brand that promised to revolutionise bespoke gems, leaving creditors owed millions

Poundland Shuts 11 More Stores: Full Closure List Revealed

Poundland confirms 11 additional UK stores are set to close permanently in 2024, following a strategic review by parent company Pepco. Discover the full list of affected locations and what it means for the high street.

Louis Vuitton's £160 Lipstick Redefines Luxury Beauty

Louis Vuitton shatters beauty industry norms with a £160 lipstick, strategically repositioning everyday cosmetics as ultra-exclusive luxury items. Discover the strategy behind the most expensive lipstick on the market.

Hobbycraft to Close Six UK Stores in Major Shake-Up

Arts and crafts retailer Hobbycraft is set to close six stores across the UK in a major restructuring plan, putting dozens of jobs at risk. Get the full details on the locations and the company's strategy.

'Scary' UK High Streets Force Shops to Flee

Residents and business owners voice their fears as soaring crime, anti-social behaviour, and neglect turn once-thriving high streets into no-go zones, prompting a retail exodus.

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