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The Latest Breaking News from Kien Tan

Rate of UK shop closures expected to rise after budget tax changes – report

More than 12,800 stores shut in 2024, down on 2023, but extra costs expected to take toll this year, study suggests

The Guardian - UK

Boxing Day footfall down on UK high streets despite discounts

Data may reflect shift in behaviour influenced by cost of living crisis or front-loading of spending

The Guardian - UK

UK retail footfall dips again as Storm Bert and later Black Friday hit sales

Shopping centres worst affected but high streets and retail parks also down as total drops for second month in a row

The Guardian - UK

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Chemist, pub and bank closures lead to 2,300 more empty UK stores, survey finds

Worst net closures so far this year are on high streets, while retail parks and shopping centres fare better

The Guardian - UK

Sun, sea and sales … Britain’s delayed summer arrives to thaw the retail chill

After a difficult period on the high street, base rates are falling, temperatures are rising and things are looking up

The Guardian - UK

Shops and restaurants hope for ‘halo’ effect of Labour win and big weekend of sport

Consumer spending expected to rise during England’s Euro 2024 match and Andy Murray’s Wimbledon swan song

The Guardian - UK

Members only: are loyalty card discounts a good deal for UK consumers?

The number of retailers offering special prices for members has soared. We asks if the price cuts are as good as they seem

The Guardian - UK

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Analysts split on whether 2023 will bring booming Black Friday sales

Eye-catching discounts are everywhere in the lead up to Black Friday—and they're especially enticing to shoppers amid a cost-of-living crisis.

Fortune

UK retailers launch discounting blitz after month of falling sales

Up to 50% discounts as cost of living crisis hits shopping budgets and mild weather leaves winter styles unsold

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