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Nearly two thirds of consumers committed to sustainability despite cost-of-living pressures

2 Feb 2023

A new report from Shopify has shown that sustainability conscious shopping is on the rise. Consumer interest in green products has remained robust, despite inflation and other economic... Read more…

Shop price inflation hits record heights & peak is yet to arrive

2 Feb 2023

Shop prices have reached record highs after inflation accelerated in January, with a warning that the peak is yet to arrive.
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Proposed deposit return scheme could put strain on indie retailers

2 Feb 2023

A new deposit return scheme announced by the Government to make it easier for people to recycle plastic bottles and drink cans will put a strain on independent retailers, according to industry... Read more…

Shop occupancy rates improve despite cost-of-living crisis

30 Jan 2023

The number of shops lying vacant on British high streets fell during the final three months of 2022, despite pressure on both companies and consumers from the rising cost of living.
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Bike Europe has reported Halfords’ financial statement demonstrating that cycling sales have dropped to pre-covid levels.

18 Jan 2023

The article reports that, in 2021, Halfords saw its annual cycling sales double and stocks dry up. However, by the middle of 2022, it says, warning signs were appearing as inflation and supply... Read more…

Seaside town bucks the trend with indie retail thriving

16 Jan 2023

Weston-super-Mare seems to be one town in the UK bucking the national trend, with new shops opening and businesses reporting an increase in trade, according to a report by Bristol Live.
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Indie bookshop numbers hit 10-year high in 2022 defying tough retail climate

16 Jan 2023

The number of independent bookshops in the UK and Ireland climbed to a 10-year high in 2022, as the book trade defied the odds in an otherwise tough year for high street retailers.
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New King’s banknotes to enter circulation by mid-2024

12 Jan 2023

New banknotes featuring King Charles are to enter circulation by mid-2024. The King’s portrait will appear on four polymer banknotes (£5, £10, £20, and £50).... Read more…

Government scales back energy bill support for businesses

12 Jan 2023

The government has announced it is to scale back support for businesses and their energy bills after warning that the current level of help was too expensive.
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Sector expertise and user experience counts when it comes to retail finance

10 Jan 2023

With retail finance schemes remaining a preferable route for retailers to boost sales during recession than the financial hit required by heavy product discounting, the Association of Cycle... Read more…

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Seaside town bucks the trend with indie retail thriving

Posted on in Business News, Cycles News

Weston-super-Mare seems to be one town in the UK bucking the national trend, with new shops opening and businesses reporting an increase in trade, according to a report by Bristol Live.

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The bike hub has seen local e-bike retailer UFO grow their well-known local business and expand into an additional space and now offers a bike hire scheme for visitors and residents. Popular Bristol based coffee business, Can’t Dance Coffee, has also expanded, bringing its coffee and baked delights to what was previously the Food Court.

Traders in The Sovereign say they have seen an increase in footfall over the past few months - some which has been attributed to the additional 500,000 visitors coming to Weston-super-Mare .

The Sovereign manager Alan Smith said the centre offered a good retail mix.
“Moving away from just mainstream retailers is essential for the continued growth of The Sovereign. Thanks to the support of the local community we can grow and bring more local retailers."
Other new businesses have sprung up in Weston High Street over the last year, including Imagination Fascination play centre, Maxxisave in the former Argos store and the Captain Kandy sweet shop on the High Street. Orchard Meadows has also welcomed some new faces including Vintage Abs clothes shop and Christopher’s Chocolates.

Although Weston does still have several empty shops, retailers said its future is looking good. Weston BID chairman and town centre trader Paul Batts said: “We have a really good selection of independent shops, especially in Grove Village and Orchard Meadows.
 
“We have also seen new, specialist and unique businesses opening in our areas and in the High Street in some of the smaller units. We are noticing post pandemic that people are more interested in supporting their local independent shops and our independent offering in Weston is getting stronger and stronger, making it a great shopping destination all year round.”

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