Independents hold fast on early discounting
Drapers reported last week that independent retailers UK-wide were seeing a sharp uptake in footfall as a result of the warm weather - making up for a
Source: drapersonline.com
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Industry verdict on the 'empty shop bill'
The government announced last week (19 April) that local authorities will be able to force landlords to rent commercial property on high streets through a
Source: drapersonline.com
'Buy now, pay later' regulations welcomed
On Thursday, the Treasury launched a consultation of its proposals to regulate the "buy now, pay later" (BNPL) market, which will remain open for
Source: drapersonline.com
Retailers raise a glass to reopening of restaurants and pubs
One month since "non-essential" retail reopened in England and Wales on 12 April, retailers say the outlook is positive. Regional stores and independents
Source: drapersonline.com
Regulation will 'build trust' in buy-now-pay-later market
Regulation will ‘build trust’ in buy-now-pay-later market Regulation will help clear-up product confusion and build trust in the buy-now-pay-later (BNPL) market, industry experts have said. Yesterday, the government announced plans to regulate the BNPL market. This followed the publication of the Woolard Review, an evaluation of the unsecured payment market launched in September. As part of the review’s proposals, BNPL products will be regulated by the Financial Conduct Authority (FCA), and customers will be able to escalate complaints to the Financial Ombudsman. Lenders will also be re...
Source: drapersonline.com