Category : Search result: retail decline


Shake Shack to close in San Francisco's iconic mall

Shake Shack will close its San Francisco Centre location on December 14 after the mall's sale. The once-bustling hub, now 9% leased, sold for $133m, a fraction of its $1.2bn value. Read the full story.

Black Friday abuse crisis hits UK retail workers

As Black Friday begins, the Retail Trust reveals 77% of shop staff face intimidation. The charity urges shoppers to show respect with simple smiles and thank yous during the festive rush.

Bunnings Faces Pressure to Ban Dogs From Stores

The beloved DIY chain Bunnings finds itself at the centre of a heated national debate as calls intensify to prohibit pets in stores following a series of concerning incidents. As opinions clash between animal lovers and safety advocates, we examine whethe

Village Shop Closures Threaten Rural Communities

New research reveals how the rapid disappearance of local shops and services is pushing rural communities to the brink, with devastating consequences for elderly residents and local economies.

M&S shares suffer worst day since pandemic

Marks & Spencer shares experienced their sharpest decline since March 2020 after the retail bellwether warned of weaker profits, sending shockwaves through the UK retail sector.

Carter's announces UK store closures and layoffs

Popular homeware retailer Carter's confirms sweeping store closures and layoffs across Britain, citing inflation, supply chain issues, and changing consumer habits as key factors.

Seasalt to open 30 new UK stores in major expansion

Popular Cornish fashion brand Seasalt is embarking on its biggest retail expansion yet, planning to open 30 new stores across the UK and create 350 jobs as demand for their colourful designs continues to grow.

Tesco Extends Dominance as Britain's Retail Giant

Tesco extends its dominance as Britain's largest retailer with strategic price cuts and digital innovation, leaving competitors struggling to keep pace in the fiercely competitive grocery sector.

Starbucks closures signal UK property market worries

As Starbucks shuts stores across the UK, property experts warn this could signal deeper troubles ahead for commercial real estate and the broader housing market. Discover the surprising connection between your daily coffee and property values.

Charity to close nearly 50 shops across UK

The British Heart Foundation reveals devastating plans to shut down dozens of charity shops across the UK, blaming economic pressures and declining donations for the unprecedented closures.

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