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Family-run jewellers celebrates its centenary by giving back to the community.

17 Jul 2023

A family-run jewellers in Kendal, which reaches its centenary this year, is putting giving back to the community at the heart of its celebrations.
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Independent retailer wins judicial review case over deposit return scheme.

4 Jul 2023

Independent convenience retailer Abdul Majid has won a judicial review case against Circularity Scotland, which was appointed by the Scottish government in 2021 to administer Scotland’s... Read more…

Asics reported to have halted supplies to UK independent sports shops.

4 Jul 2023

The Guardian has reported independent sports retailers saying their businesses are under threat after Asics said it was cutting off supply to hundreds of small UK outlets, joining Nike and... Read more…

Half of young European consumers find it acceptable to buy fakes.

4 Jul 2023

A new study on the perception of consumers towards intellectual property published by the European Union Intellectual Property Office (EUIPO) has found that although 80% of Europeans believe... Read more…

Elmy Cycles featured in Daily Express ahead of Independents’ Day weekend.

29 Jun 2023

With this Saturday and Sunday marking Independents’ Day weekend, the culmination of the annual campaign to promote independent retailers around the UK, ACT member Elmy Cycles in Ipswich... Read more…

“AI has the potential to revolutionise the way retailers operate,” says Theo Paphitis

28 Jun 2023

Former Dragon Theo Paphitis has predicted retail will be revolutionised by AI technology.
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The Association of Convenience Stores publish their Crime Report of 2023

23 Jun 2023

The report estimates that there were over 1.1m incidents of theft reported last year. The most commonly stolen items as reported by retailers are meat, alcohol and confectionery –... Read more…

How fine food retail can be part of the solution to ultra-processed food

19 Jun 2023

Scientists and researchers have compelling data, showing ultra-processed food could be responsible for several health conditions – a recent piece in Speciality Food Magazine set out to... Read more…

PayPoint launches digital shopper marketing platform

19 Jun 2023

Retailers will be able to drive customer spend, digital media use, push new product development and increase sales and distribution, claims PayPoint, following the launch of a new digital... Read more…

High streets of the future will need to think beyond retail, says new report

19 Jun 2023

Just 42% of people in the UK rate their local high street as good or very good, according to the latest Legal & General Rebuilding Britain Index.
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Federation of Independent Retailers says more needed to be done to support smaller businesses in Wales

Posted on in Business News

Whilst it has welcomed some elements of the Welsh Retail Action plan, the Federation of Independent Retailers (the Fed) said more is needed to be done to support smaller businesses.

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The Fed claimed that the extension of business rate relief through 2023 and 2024; the creation of a new scheme to support those facing an increase in rate liability; and provision of non-domestic rate relief of up to 75%, were positive steps.

However, it stated that the intended increased support for retail workers seemed to benefit bigger businesses, such as the supermarket chains, and raised the question of how the government would help smaller independents with staff development.

The Fed’s National President Jason Birks said: “While it is good to see that the retail action plan recognises the important contribution that smaller retailers make to the economy and local communities, we feel it doesn’t offer much in the way of assurances to those businesses.

“We believe our organisation should have a seat on the Wales Retail Forum so that the issues affecting our members, many of whom are newsagents and local convenience stores, are taken into serious consideration.

“Retail crime continues to be an area of major concern for our members, with shoplifting, physical and verbal abuse faced by many on a daily basis.

“While we fully support initiatives such as the ‘Be Kind’ campaign and appreciate the government looking out for retail workers, it needs to look at the root causes of this rise of abuse and how to reduce it through the establishment of business crime partnerships and initiatives.

“The retail action plan forms a good basis of ideas, but more communication is needed on the timescale of the rollout and details of the plan, and how the Welsh government and the Wales Retail Forum intend to meet their goals.”

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