Tag Archive for High Street retailing and shops

Hot Business News Today

Gerald Ratner: ‘I don’t think it’s right that there’s such a stigma attached to failure. It’s a British disease’

by Timothy Adler • January 14, 2021 • 0 Comments

Originally written by Timothy Adler on Small Business
Welcome to Small Business Snippets, the podcast from SmallBusiness.co.uk. Today’s guest is Gerald Ratner, author, motivational speaker and businessman.
We discuss the decline of the high street and how Gerald reinvented himself after one of the biggest setbacks of his career.
Listen to it in the media player below.

You can also catch our episodes with:

Entrepreneur and TV presenter, Trinny Woodall
Pub owner and bartender on Channel 4’s First Dates, Merlin Griffiths
Founder and chairman of Pimlico (formerly Pimlico Plumbers), Charlie Mullins
Retail expert and former Dragon, Theo Paphitis
Author and boardroom expert, John Tusa
Digital guru and investor, Sherry Coutu
Entrepreneur and former Dragon, Rachel Elnaugh
Businesswoman and Dragon, Deborah Meaden
Entrepreneur and The Apprentice 2005 candidate, Tim Campbell
Gousto CEO, Timo Boldt
Entrepreneur and The Apprentice 2018 candidate, Jackie Fast
Investor and former Dragon, Piers Linney
Investment fund manager, Nicola Horlick
Supermodel turned entrepreneur, Caprice

We’ve got podcast episodes from the first series looking at:

How one business owner’s mental breakdown caused her to see trolls from her past
How one entrepreneur hired a videographer to track their every move and build their business brand
How funding a business led one entrepreneur to stress-related alopecia
One entrepreneur’s first professional public speaking engagement
Adapting to UK life and learning English before starting a business
Securing

Hot Business News Today

Gerald Ratner: ‘I don’t think it’s right that there’s such a stigma attached to failure. It’s a British disease’

by Timothy Adler • January 14, 2021 • 0 Comments

We’ve got podcast episodes from the first series looking at:

Hot Business News Today

4 ways small shops can reinvent themselves post coronavirus

by Chris Giddins • June 3, 2020 • 0 Comments

Originally written by Chris Giddins on Small Business
With the Government announcing that shops will be allowed to open from June 15, small shops across the country have been thinking through what to do post coronavirus.
In the face of an incredibly tough retail environment and consumer habits still far from “normal”, reserves of ingenuity and grit will be required. As plans are put together, there are a range of key considerations that businesses must consider in order to re-open safely and successfully.
It won’t be business as usual
We know that the way businesses operate must change. With new Government regulations released on how retailers must keep their stores COVID-19 free, including strict cleaning and hygiene guidelines and advice on keeping the two-metre distance rule, the number one priority for everyone is people’s safety.
But as business owners adapt their stores and consumer shopping habits change, the way we buy will change and it won’t necessarily be for the better.
Without innovation, the experience of visiting your local store will be a tedious process of long queues to stare at products through Perspex screens. This crisis requires creative solutions from retailers to bring back the sense of community, excitement and enjoyment that the high street

Hot Business News Today

Hike corporation tax to cut business rates, urge retail bosses

by Timothy Adler • February 6, 2020 • 0 Comments

Originally written by Timothy Adler on Small Business
Retail bosses will call for the Treasury to increase corporation tax in order to cut business rates by £6bn.
A sub-committee of the Retail Sector Council is reportedly calling for the Treasury to raise corporation tax by 2 per cent to 23 per cent to raise around £6bn a year by 2022/23. Other proposals cover VAT reform and tax and property cost transparency.
The group will make the recommendations in a document to be shared across Whitehall in the coming weeks, Sky News has reported.
According to Sky News, the extra revenue would be used to reduce the business rate multiplier to around 40p in the pound.
Corporation tax is currently 19 per cent for UK companies. During the election, Labour proposed increasing the rate to 26 per cent (with a lower 21 per cent rate for businesses with annual turnover of under £300,000).
High street decline
The Retail Sector Council was set up in 2018 to help address the decline of the UK high street and increase the productivity of the retail sector.
It is currently co-chaired by small business minister Kelly Tolhurst and former Co-op chief executive Richard Pennycook, who is also the chair of department store chain