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Tag: Scottish Retail Consortium

'Stark figures'

Footfall down by a fifth amid ‘tepid’ return of shoppers

Prince St retail shopping
Shopper numbers are well down on pre-pandemic levels Retailers are seeing only a ‘tepid’ return of shoppers with footfall in Scotland down by a fifth on pre-pandemic figures. Scotland isRead More

Sluggish retail

Footfall lower as shoppers remain cautious

St James Quarter interior
St James Quarter opened at the end of June (pic: Terry Murden) Shopper visits to retail destinations in July showed a small improvement on the previous month, but footfall continuesRead More

Daily Business Live

Energy prices to rise | slow return to shops | Capita | LSE

gas, Ofgem, price caps
REFRESH PAGE FOR UPDATES 11.30am: Morrisons agrees new bid Supermarket group Morrisons has accepted an increased takeover offer worth £6.7 billion from a consortium led by Softbank-owned Fortress Investment Group.Read More

Vacancies rising

One in six shops empty amid new calls for action

Shop-vacancies-on-Princes-Street
Shop vacancies on Princes Street (pic: Terry Murden) One in six shops are now vacant in Scotland and shopping centre across the UK are seeing around 20%, or one inRead More

Daily Business Live

Shops’ office plea; latest FNZ ruling; car sales fall

Intu Braehead
REFRESH PAGE FOR UPDATES 5pm: Shares edge higher London stocks managed to end the week in positive territory as strong construction data gave a lift to housebuilders, while travel stocksRead More

Stark new data

One in seven Scots shops now stands empty

empty shops in Glasgow
Shop vacancies are rising (pic: Terry Murden) One in seven shops in Scotland now stands empty as the crisis in the retail sector shows no sign of easing. The worstRead More

January uplift in sales

New Year cheer for retailers as shoppers spend again

Next Straiton
Sales have picked up at the start of the year   A pick-up in sales in January has provided some new year cheer for hard-pressed retailers and raised hopes thatRead More

Spike in empty units

Shop vacancies rise in Scotland amid call to curb costs

Austin Reed shop closure
Shops are falling vacant at a faster rate in Scotland compared to the rest of the UK with almost one in eight unites now empty. The town centre vacancy rate forRead More

Discounting fails to lure shoppers

Worst Christmas sales for Scots retailers in 20 years

Sale shop retail
Even discounting failed to lure shoppers   Scottish retailers suffered their worst Christmas in 20 years as heavy discounting failed to lure enough shoppers into a festive spending spree. SalesRead More

Call to cut business rates

Retailers and BCC call for decisive action on Budget and Brexit

David Lonsdale
David Lonsdale: ‘investment will be more critical’ (pic: Terry Murden)   Business groups are today calling for decisive action from the UK and Scottish governments on the Holyrood Budget andRead More