The Works boss quits after recent profit warnings
The Works boss Kevin Keaney has stepped down after nearly nine years at the helm just two months after a shock profit warning sent its shares tumbling.
high street
Mike Ashley’s Frasers Group calls for urgent business rates reform
Mike Ashley’s retail group has written to the Prime Minister, urging the Government to reform the business rates system to ease current high street turmoil.
H Samuel’s departure from £1.5 million Dundee home confirmed
Jewellery chain H Samuel's departure from Dundee has been all-but-confirmed after a planning application to rebrand the store was approved by planners.
High street shoppers ‘want fewer vaping stores and more family-run firms’
Shoppers want to see fewer vaping and betting stores in their local high street and more family-run businesses including bakeries and butchers, a survey has found.
Shoe Zone calls for rate cuts to avoid high street closures as profits slide
The boss of Shoe Zone has called for urgent business rate reductions to avoid high street store closures as the retailer posted lower annual profits.
Discounts and online spending drive retail sales higher in December
Retail sales have nudged higher over the past month on the back of early discounting and strong online sales, according to new figures.
Chocolate store in Dundee city centre to close its doors this month
Shoppers have expressed their disappointment following the imminent closure of another prominent business on the Murraygate.
Next boosts forecasts after bumper Christmas sales beat expectations
Retailer Next has increased its profit forecast for the past year after posting higher sales than predicted in last two months of 2019.
Mike Ashley urges Boris Johnson to fix business rates or risk store closures
Sports Direct boss Mike Ashley has launched a furious attack on the Government, demanding a change to the business rates system which he said is no longer fit for purpose.
‘Two benches, a bin and a bike rack’ – Dundee councillors ask for more from £500k high street pot
Councillors have given proposals for how to spend some of a £500,000 high street fund the thumbs-up - but not before making suggestions on how to spend it better.
Lacklustre November for retailers as shoppers held spending until Black Friday
High street retailers suffered a lacklustre November in the critical build-up to Christmas as shoppers held off on spending ahead of Black Friday, figures show.
Clintons card chain secures rescue deal to safeguard 2,500 jobs
Around 2,500 jobs have been secured at Clintons after the greetings card chain was sold back to its existing owners as part of a rescue deal.
Dragons’ Den star weighs bids to sell Jessops camera chain
Dragons’ Den star Peter Jones is considering a sale of camera chain Jessops, as he battles to secure the future of the high street stores.
Man accused of church bank card theft in Dundee
A man has been accused of stealing a bank card from a church before using it to buy goods worth almost £100.
Man allegedly attacked woman after acting in ‘racially-aggravated’ manner towards two other people
A 24-year-old man is to stand trial over claims he attacked a woman after acting in a racially-aggravated manner towards two other people.
Labour business rates review could see landlord tax in bid to revive high street
Labour has said it will launch a review into business rates which could place an extra tax on property landlords in a bid to protect UK high streets.
Gourmet Burger Kitchen losses weighed down by raft of restaurant closures
Gourmet Burger Kitchen saw losses dive for the past year after it took a hit of almost £16m hit from the closure of 24 of its restaurants.
‘We are absolutely heartbroken:’ Mediterranean restaurant Giza closes just months after opening
A city centre restaurant has been forced to close its doors just months after opening.
High Street to be hit by ‘perfect storm’ this Christmas
High street sales collapsed in the last week of October amid political upheaval as retailers face a “perfect storm” in the crucial Christmas trading period, figures suggest.
2,500 jobs at risk as Mothercare lines up administrators for UK business
Mothercare has announced plans to place its UK retail business in administration, putting around 2,500 jobs at risk.