Cotswold Outdoor in Norwich. Picture: Newman Associates Supplied It has been revealed that a “significant number” of Cotswold Outdoor sites could be in the firing line for a round of store closures. That could include a store in Norwich’s city centre on Theatre Street, and in Ipswich’s Tavern Street. There is also a store in Bury St Edmunds. AS Adventure, the holding company for the Cotswold Company as well as Snow + Rock, is reportedly close to appointing advisers to work on a shop closure programme.Details of the plans are at an early stage, and no concrete decisions have yet been made about UK closures. The Cotswold Outdoor company are in competition with Mountain Warehouse, which this week reported blockbuster festive sales.The company said that cooler weather had boosted sales – though whether this had the same impact for Cotsworld Outdoor sales has not been reported. Cotsworld Outdoor would be one in a string of high street closures, a reflection … [Read more...] about Is Cotsworld Outdoor the next high street shop to go?
High street shopping centre
PUBLISHED: 07:52 09 November 2018 | UPDATED: 07:52 09 November 2018 Ipswich town centre Picture: SUZANNE DAY Retailers are battling the worst trading conditions in five years, with high street shops closing at a rate of about 14 a day in the first half of this year, a study reveals. A study of 500 high streets by accountants PricewaterhouseCoopers and the Local Data Company found 2,692 stores have vanished in the first six month of the year - roughly 14 a day.The rate is similar to the same period in 2017, although there has been a dramatic fall in the number of openings year-on-year.Compared with 2,342 shops opening their doors in the first six months of last year, there were 1,569 openings between January 1 and June 30.Greater London and the South East were the worst hit by closures of chains, followed by the Midlands, the North East and East of England, it found.The growth of internet shopping, business rates, the rise of “in-home leisure” - people preferring to … [Read more...] about East of England among regions hit as UK suffers loss of 14 high street shops a day
PUBLISHED: 12:47 02 June 2018 | UPDATED: 12:58 02 June 2018 Ellis Barker Tony Welham has opened his new shop in Sailmakers. From left: Dana Godbold, Kelly and Tony Welham, Olive Sewell, Samantha Farrow and Rachael Halls Picture: SARAH LUCY BROWN Archant A bespoke furniture maker who has overcome mental health issues to launch his own business achieved a huge milestone last week when he opened a shop in Ipswich. Tony Welham at his new shop in Sailmakers Picture: SARAH LUCY BROWN Tony Welham, who was diagnosed with bipolar disorder two years ago, opened his Skydan furniture shop in Sailmakers Shopping Centre on Friday - named after his 21-year-old daughter, Skye, and son, Dan, 19. “None of the items I make are ever the same – they’re always unique in some way,” said Mr Welham, who designs all of the products himself. “They are one-off pieces of furniture. “Kids are going crazy for my outdoor mud kitchens, which encourage children to get out … [Read more...] about Ipswich father overcomes mental health issues to open Skydan furniture store in Sailmakers Shopping Centre
There have been turbulent times on the high street with some retailers struggling amid challenging conditions. Picture: ANTONY KELLY Archant Norfolk 2018 Thousands of shops could close as the retail sector lurches deeper into “crisis”, claims a new report which offers suggestions for how the high street should evolve. Jarrolds wine bar and delicatessen have been successful in boosting footfall. Picture: DENISE BRADLEY Nearly one in 20 stores (4.8%) in Norfolk is predicted to close within four years as retailers continue to battle with online competition and changing consumer habits, according to the Centre for Retail Research. But, the county looks to have come off better than the rest of the East of England which is facing a forecast 8.1% fall in the number of stores over five years, and outperforming the national prediction of 18.4%. However, retailers are already taking steps to adapt by providing experiences for customers and making their stores a destination, as … [Read more...] about The high street must adapt as report warns of hundreds of Norfolk store closures
Construction work has begun on a £210 million overhaul of Hounslow's High Street, complete with one of west London's tallest buildings. The new High Street Quarter, expected to be completed by 2021, will bring 528 homes, along with a new multiplex cinema, shops and office space. The development will include a 27-storey residential tower, which will be one of the tallest buildings in west London and one of the tallest residential buildings in the country. At the centre of the scheme will lie a new town square for Hounslow, acting as a focal point for the town as well as an events and performance space. Cineworld has announced that it will be taking up residence in the cineplex, which will be the only building in the quarter not to have residential accommodation built on top of it. The new High Street Quarter will be close to both Hounslow Central and Hounslow East Tube stations for commuters heading into central London or Heathrow Airport, which lies just 10 minutes to the west. … [Read more...] about Construction work to transform Hounslow High Street begins