Tuesday, January 19, 2021

Tag: retail

Camelot to fast track National Lottery age limit increase

Camelot National Lottery
You will have to be over-18 to play The National Lottery from next summer. Operators Camelot have responded to government intent to raise the age limit by October next year, putting plans in action to get the job done earlier.

No dice: Tier 3 arcades to remain shut despite industry lobbying

No 10 Downing St
The government has said its decision to close Tier 3 AGCs - despite LBOs staying open - hinges on a reclassification of arcades as “entertainment” instead of “non-essential retail”. Bacta and AGC operators disagree and plan to continue their call to re-open

Rents, Rates and Re-opening: The three Rs that government needs to learn if the high street is to recover

high street retailers fear lockdown
With footfall for the first week of November plummeting by 75 percent year on year, businesses that rely on a healthy high street including pubs, AGCs and bingo halls are praying for a timely end to lockdown. Last week 61 CEOs warned of the scale of the problem in a letter to The Times.

High street retailers warn of Nightmare November with £1.6bn a week meltdown in lost sales

Shuttered high street retailers lockdown retail
British retail is facing a ‘bloodbath’ as sales crumble and high street venues shutter. Are you listening Boris Johnson?

Bacta survey reveals almost a third of jobs lost as industry hits breaking point

Bacta survey shocking redundancy reports
As the Government announces further restrictions - including a curfew of 10pm for pubs - a survey of members carried out by Bacta last week reveals shocking rates of redundancy, with almost a third of the workforce having already lost their jobs or with their jobs at imminent risk. The government needs to act now.

Will Hill retail nosedives by over 60 per cent

Will Hill retail financials
They weren’t expecting it to be good and it wasn’t: with the latest financials from national bookkeeping chain William Hill detailing company-wide like-for-like revenues down by nearly a third (31 per cent) throughout the first half of 2020, with takings across its retail division plunging by over 61 per cent.

William Hill to shut 119 betting shops

William Hill closures
William Hill is set to permanently close 119 of its UK betting shops due to the economic impact of Covid-19 on the retail environment.

William Hill retail momentum halted by lockdown

William Hill retail momentum halted
William Hill retail business was climbing its way out of a FOBT-shaped hole quite nicely until Covid-19 struck, but now the firm faces its biggest challenge yet.

Roundtable keeps government engaged with industry thinking

Minister for gambling Nigel Huddleston government’s stakeholder roundtable sessions
The Minister responsible for gambling, Nigel Huddleston MP, and his team at the Department for Digital, Culture, Media & Sport, have been congratulated for ‘the way in which the department has communicated with the industry and for the level of support provided by government during what is a particularly difficult time for business.’

Mannings granted planning permission for Beach Street construction

Mannings Amusements Felixstowe
Felixstowe planners have granted Manning’s Amusement permission to break ground on the permanent site for its Beach Street shipping container retail complex.

Outstanding retail is absolutely in the detail argues Merkur Cashino COO, Mark Schertle

Merkur Cashino Watford Opening
At Merkur Cashino the aim is to ensure that every millimetre of the customer journey is perfect as the brand continues to raise the bar on the high street. Coinslot talks to Mark Schertle.   Your background is in food retail regarded as being one of the most intensely competitive sectors on the high street. What lessons/insights/philosophies have you brought with...

GVC Holdings balance retail revenue fall with optimistic outlook towards new horizons

GVC Holdings retail revenue
Though predictions concerning the number of shop closures have fallen, GVC Holdings will still be closing 900 outlets in the next two years

Club 3000 Bingo relaunch online presence with commitment to retail

Coinslot - Club 3000
Online and retail bingo operator Club 3000 Bingo has recently had a radical relaunch of their online presence, both in the main website for retail operations and for the company’s e-gaming arm. Brian Fraser, owner of Club 3000 Bingo and an experienced veteran of the industry, explains the company’s new plans.   With the relaunch of your website, what kind of...