Wednesday, January 19, 2022

Tag: retail

Enfield Council calls for more powers to reject AGC applications

Enfield Council calls for more powers to reject agc applications
Ahead of a gambling review, local authorities - still riled up by the now defunct FOBT - are becoming restless at their inability to reject licence applications for gambling premises on the high street. Enfield Council are calling for more power from government, but will that call get heard before the upcoming review, or will high street gaming have time to continue its clean up of the reputational mess left by B2 machines?

PwC pre-Christmas survey results show it’s a case of swings and roundabouts for businesses on the high street

PwC Christmas Survey results swings and roundabouts for businesses on high street
With one in four consumers intending to spend more this festive season, PwC is predicting a total spend of £21 billion - a 12 percent year-on-year increase - but there are significant challenges facing high street retailers.

British Retail Consortium: Retail sales getting back on track ahead of Christmas

High street spending British Retail Consortium
Confident consumers are back on the high street spending ahead of Christmas although fears mount of inflationary price rises.

Shop vacancy rate plateaus but over 14 percent of high street premises still remain unoccupied

British Retail Consortium shop vacancy rate plateaus 14 percent high street premises remain unoccupied
The latest figures from the British Retail Consortium provide some grounds for optimism but the fact remains that 10 percent of high street shops have been empty for over a year.

Blueprint make powerful statement of intent with launch of three new WOW! factor cabinets and 14-day delivery commitment

Blueprint Operations team ACOS 2021
Blueprint Operations pulled out all of the stops at ACOS showing three high impact cabinets that deliver an interactive experience as well as looking the part in contemporary retail environments.

Autumn Budget Industry Response

industry response Autumn Budget ©UK Parliament_Jessica Taylor
It wasn’t worth waiting up all night for Santa but Bacta did take some positives from the chancellor’s budget statement. Business rates reduction, beer duty freeze and the prospect of extra cash percolating around the system are all good for the sector. But still no MGD cut which is really what the industry needs.

High street retail returns and online falls as normality resumes for Entain

Entain Ladbrokes Coral high street retail
Entain, the owner of Ladbrokes Coral and subject of recent takeover bids, has reported a rise in retail but a fall in online growth as gaming revenues trend back towards pre-covid parameters.

British Retail Consortium urges Treasury to reduce business rates burden

tax British Retail Consortium budget call
New report shows damaging impact of ‘shops tax’ on the levelling up agenda predicting further shop closures and job losses across the country. Time has run out for the restrictive business rates tax regime.

Entain brings online instore in retail revamp

Entain brings online in-store retail revamp
Entain has confirmed 30 “betting shops of the future” will open across the country this year, as the group embarks on a digitisation initiative to remodel core sites in the UK and Italy.

Machine investment driving increase in spend per visit at Mecca

Rank Group machine investment Mecca Bingo
A month after publishing its pandemic-affected preliminarily results, Rank Group published its annual report that revealed the recovery of its Mecca brand is underway with a focus on Cat B3 and C helping to increase expenditure per visit by 20 percent.

Retail shop closures continue but arcades offer a chink of light for high street’s long term recovery

retail High Street recovery
Britain’s high streets may be doing a little better than last year - but nearly 9,000 closures in the first half of 2021 is still not good.

Latest CBI survey shows ‘sun shining’ on retail

High Streets shoppers retail CBI survey
Re-opening of hospitality and the success of the vaccination programme is driving confidence as consumers hit the high streets.

IoD survey shows confidence at a record high but cashflow support needed for hospitality

Busy shopping arcade IoD survey
Business optimism is at its highest level since the IoD began recording its members confidence in July 2016, but chief economist identifies vulnerability of hospitality and risk of rising inflation.

Clacton tops hotel search ranking

Clacton tops hotel search ranking
A study by travel retail analyst Salesfire has revealed that Google searches for hotels in Clacton-on-Sea increased 175 percent in April and May, with the Essex resort topping the list of most searched UK holiday destinations.

Conway Brothers expand into retail

Conway Brothers expand in to retail
Northern Irish amusement operators the Conway Brothers have expanded into new territory, with a 2,000 sq ft retail and petrol station in Cookstown.

Which? secures big name retailer backing to protect cash

Which - retailer backing to protect cash retail
Up to 10m people in the UK are dependent on cash and Which? has secured the support of retailers and the government to protect them.

OKTO unlocks digital payments directly on to Regal gaming machines across UK pubs

Okto.wallet Regal Gaming UK Pubs
Regal Gaming has raised the bar for pubgoers with the introduction of OKTO.WALLET which allows machine players across the UK to make secure, cashless, mobile payments.

Welsh government offers support for hospitality and leisure supply chain businesses

Welsh government offers support for hospitality and leisure supply chain businesses
After being left to fend for themselves under pandemic conditions for more than a year, eligible supply chain businesses in Wales will receive up to £25k from the newly re-elected government in its latest support package.

William Hill’s betting shops up for sale

William Hill shops up for sale
All of William Hill’s 1,400 high street betting shops are up for grabs this summer as new parent company Caesars Entertainment looks to cash in on its unwanted assets.

SB Machines launches three new children’s rides for 2021

SB Machines 2021 machines
SB Machines are getting ready for the industry’s reopening. And it’s an impressive return to action for the Porthcawl company with three new launches for the anticipated summer boom.

Record 48-stores close a day in UK

Retail High Street closures
Latest data captures the crisis on Britain’s high streets - but the worse is still to come, according to Accountancy firm PwC.

It’s the economy stupid? Can AGC contribution of £126.8m annually to UK treasury persuade the government to reopen arcades in April

AGC UK Economy Contribution reopening
A new report from the Centre for Economics and Business Research has revealed the total value of UK adult gaming centres as calls grow for a reopening date that’s in-line with other non-essential retail.

Ready to re-open with cashless? Consumers will expect the option from day one

Simon Dorsen OKTO cashless payment solution
As more and more retail operations increasingly implement cashless systems ahead of reopening to the public, OKTO’s Director of Gaming Simon Dorsen spoke to Coinslot about how the fintech firm’s digital payment solution, OKTO.WALLET has been specifically designed with the leisure and hospitality industry’s main concerns in mind; user friendly, affordability, security and social responsibility as well as the universality that consumers are craving for.

Italian operators protest government closure

Milan operators protest
Over 180 Italian amusement operators have taken to the streets in Rome and Milan to protest the government’s prolonged closure of video arcades, slot houses and casinos, despite reopening restaurants and non-essential retail.

OGTech integration essential for retail success says OKTO chief

OKTO retail cashless payments
Digital payments firm OKTO has predicted that gaming establishments will have to embrace digital payments and self-service systems in order to attract customers back to the retail environment.

Steve Sharp gets straight to the point in his first interview as GBG Chairman

Steve Sharp new chair Gambling Business Group
Gambling Business Group chairman Steve Sharp believes the industry is facing some of the biggest challenges in its history - challenges that demand a strategic as opposed to a shotgun response.   You became GBG chairman at the start of the year, what are your impressions of the organisation? Steve Sharp: The stand-out aspect for me has been the sheer volume...

Coin-op pushed into the slow lane on government’s roadmap to recovery

roadmap to recovery
It wasn’t the roadmap the coin-op industry was hoping for, nor needed. Instead of driving in the fast lane towards recovery, Boris Johnson’s plan to get Britain’s business traffic moving again shunted coin-op on to the hard shoulder.

Retail body argues for early return of non-essential retail as lockdown costs sector £22bn

High Street retail lockdown costs
Action on rates, rents and grants is essential to drive non-essential retail recovery and provide the support to kick-start the broader economy. And that must include the high street amusements and leisure offerings.   The British Retail Consortium has made a powerful case for lifting the restrictions on non-essential retail at the earliest opportunity alongside a robust programme of financial assistance...

Retail in turmoil as footfall for January declines by 78 percent

Retail High Street turmoil
The size of the task facing businesses reliant on high street footfall, including pubs and AGCs, has been put into stark relief based on the latest research findings from the British Retail Consortium (BRC).

Supply chain: Locked down and locked out of government support measures

Cashino Bromley Sascha Blodau Gauselmann
“The consequences of not having a robust supply chain would, in my opinion, have disastrous consequences for the industry,” argues Gauselmann UK’s GM Sascha Blodau.