Recent developments continue to shape the landscape of
Highstreet. In some areas, Highstreet is expanding its insurance footprint, for instance in
Florida with the acquisition of
Flagler Insurance Agency and in the
Northwest by acquiring Columbia Insurance. The firm is also expanding into Kentucky through the purchase of
RISE Partners. Nevertheless, disruptions prevail. The UK high-street is fighting against threats of theft, violence, and unrest, alongside struggling with the impact of ongoing riots on footfall. However, Cardiff Queen Street was recently named the best high street in the UK, despite the issues. There’s growth in the retail sector too, with store openings and tenant roster expansions occurring within the Metro Atlanta High Street development. Yet, challenges in the retail sector persist, as evidenced by major high street retailers launching advent calendars amidst heatwave and card shop closures. Meanwhile,
High Street Equity Partners is investing in Sober Sidekick, and financial support is provided for High Street residential projects.
High Street Capital raised $247.5m for their sixth fund, and CIVC Partners are investing in Highstreet IT Solutions. Amid all these, there are concerns about the impact of private equity on the future of Britain’s High Street, calling for continued vigilance.
Highstreet News Analytics from Tue, 07 Nov 2023 08:00:00 GMT to Tue, 13 Aug 2024 16:09:49 GMT -
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- Innovation 6
- Information 8
- Rumor -4
