Retailers

1.4m jobs at risk as SMEs close, says business sale marketplace

Over 1.4 million jobs in the UK are at risk as hundreds of thousands of small businesses close within the next five years, according to a survey by business sale marketplace Bizdaq. The survey showed that companies are closing at an “alarming rate”, with 363,000 small business owners planning to…

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Jeweller Samer Halimeh NY unveils London flagship store

Samer Halimeh NY has revealed its London flagship store as well as future plans for more retail outlets around the world. The diamond jewellery brand has its headquarters on Fifth Avenue in New York but will make its London store its global flagship, located in Knightsbridge.The brand also has boutiques…

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High business rates force award-winning jeweller to close

An award-winning jeweller has been forced to close his Southport store due to high business rates. Peter Jackson MBE, owner of Peter Jackson the Jewellers, decided to shut his store after 20 years in the area. With other Peter Jackson stores in Preston, Blackburn, Bury and Carlisle, the Southport outlet…

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UK high street sees increase in card payments

There was an increase in payments made with debit and credit cards in the first quarter of the year, data from payment processor, Worldpay, has revealed. The UK high street saw an overall average year-on-year increase of 1.5% in card payments. Worldpay suggest that this is due to the weakening…

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Watchshop.com launches sunglasses boutique

Online watch and jewellery retailer Watchshop.com has added a sunglasses boutique to its portfolio. The retailer is currently working with nine brands, including Ray-Ban, Nike and Emporio Armani, for its new venture. The brand roster is expected to grow in the coming months with the addition of classic styles and…

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UK retail sales drop as inflation rises

UK retail sales dropped by 1.8% in March marking the largest year on year decline since 2010 and exceeding economists’ predictions of a 0.5% decline. Coinciding with the rise of inflation, the volume of goods sold in store and online fell 1.4% in the first quarter of the year. The…

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Anja Potze shortlisted for Small Award

Fine diamond and pearl jeweller Anja Potze has been shortlisted in the inaugural Small Awards in association with Facebook. The awards have been established to recognise the achievements of small and micro businesses. Worcester-based Anja Potze Fine Jewellery, has been recognised in the ‘Heart of Gold’ category which focuses on…

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London leads European retail market for third consecutive year

Central London remains the retail market leader in Europe according to a report from global real estate advisors, Colliers International. The report said its ongoing success is due to greater numbers of Britons and tourists spending more in the capital than any other market. The figures showed that London had…

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Family-owned jewellers in Cambridgeshire to close down

A third generation jewellery retailer in St Neots, Cambridgeshire, is to close down after a drop in footfall left the owner with no choice. Julian Freeman, owner of high street jeweller A Freeman, has now launched a closing down sale with the store set to close its doors for the final…

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UK retailers fail to lift sales despite higher footfall

 Despite positive footfall levels in March, sales for UK retailers failed to grow. According to accountancy firm BDO’s High Street Sales Tracker (HSST), UK retailers have failed to grow sales for the fourth month in a row, with like-for-like sales flat (0%) in March despite warmer weather and Mother’s day…

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