Edinburgh
This coverage focuses on retail activity in Edinburgh, including store openings and closures, investment initiatives, local consumer trends, and regional trading performance. Reporting highlights how retailers tailor strategy, site selection, and marketing to the city’s unique economic, cultural, and tourist landscape — offering insight for executives, managers, and professionals overseeing retail operations in Scotland’s capital.
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Jul- 2024 -18 JulyDepartment Stores
Dunelm FY profits ahead of expectations amid strong Q4
Dunelm has revealed it expects profits for the full year to be ahead of expectations after it saw a strong end to Q4. The homewares retailer has seen its total sales for the year grow 4% to £1.7bn driven by volume despite a “challenging consumer environment”. PBT is now expected…
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10 JulyHigh Street
EWM, Bonmarche and Peacocks return to profitability
The owners of Edinburgh Woollen Mill (EWM), Bonmarche and Peacocks, have revealed that all three brands have returned to profitability. Purepay Retail said that Bonmarche and EWM delivered turnover of £195m for the year to February 2023, while operating profit increased to £8.07m, up from a loss of £19.3m the…
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5 JulyHigh Street
Taylor Swift and Euros boost footfall amid damp June
Taylor Swift’s UK tour and the Euros helped strengthen footfall during a very wet June as total UK footfall decreased by 2.3% in June (YoY), up from -3.6% in May, according to the latest figures from the British Retail Consortium (BRC). On a segment basis, high street footfall decreased by…
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Jun- 2024 -20 JuneSupermarkets
Lidl to hold contractor events as it seeks new stores
Lidl is set to host a series of events aimed at forging new relationships and engaging with existing partners, as it looks to open hundreds of new stores in Great Britain. The events are set to take place from July in Newcastle, Glasgow, Birmingham and Southampton. Hosted by members of…
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May- 2024 -29 MayNews
Poundland introduces new £3 meal deal
Poundland has today (28 May) launched its brand new £3 meal deal with sandwiches, salads and snacks. The new ranges raise the bar as Poundland introduces new options from high quality companies that already supply other multiple retailers such as M&S. What sets Poundland’s offer apart is that the price…
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24 MayNews
Ryman Design opens new store in Edinburgh
High-street stationer Ryman has announced the launch of a new Ryman Design Store, set to open in Edinburgh today (24 May). The store is the latest addition to a growing number of Ryman Design stores across the UK, following the opening of the London Bishopsgate in June 2023, and London…
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3 MayNews
Today’s news in brief-3/5/24
Asda, following strong FY23 financial results, has successfully refinanced £3.2bn of debt, pushing maturities into the next decade. This included issuing significant high-yield bonds and extending its revolving credit facility to October 2028. The refinancing reflects Asda’s robust performance and investor confidence after Moody’s recent upgrade. The Works has completed…
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3 MayHigh Street
Retailers face slow start to Spring as footfall declines 7.2% in April
Retailers experienced a slow start to Spring as total UK footfall decreased by 7.2% in April (YoY), down from -1.3% in March, according to the latest figures from the BRC. However, the BRC revealed the figures were slightly distorted due to the earlier Easter which led to tough comparables. High…
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Apr- 2024 -30 AprilNews
Lidl announces plans to open hundreds of new sites
Lidl has unveiled plans to open hundreds of new stores across the country, creating thousands of new jobs. This follows a year of significant investment in its infrastructure to further strengthen operations, during which Lidl opened its largest global warehouse in Luton. The discounter grocer has also been optimising and…
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Mar- 2024 -15 MarchDIY
Bensons For Beds returns to profitability in FY23
Bensons For Beds has reported a return to profitability as turnover grew by 7.5% to £257.5m for the 53 weeks to September 2023, along with reported EBITDA profits of just over £1.5m from a previous loss of £15.4m. The bed retailer has attributed its performance to the implementation of its…
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