England
This coverage focuses on retail developments, trends, and performance across England. Reporting includes store openings and closures, regional economic factors, consumer behaviour, property developments, and strategic initiatives by national and local retailers. Designed for executives and managers, it offers insights into operating successfully within England’s diverse retail landscape.
-
Sep- 2024 -23 SeptemberSport & Leisure
American Golf LFL sales up 1.8% despite poor weather
American Golf has revealed its LFL sales were up 1.8% during the six months from February-August 2024 despite wet weather likely deterring demand. The golf retailer said the performance comes amid “standout results for newly refurbished stores” which helped lead to an increase in market share of 1.4% LFL. The…
Read More » -
19 SeptemberEconomy
BoE holds interest rates at 5%
The Bank of England (BoE) has decided to hold interest rates at 5% this month, having lowered them for the first time in four years in August. The bank voted by a majority of 8-1 to keep the rate the same in a bid to help “sustain growth and employment”.…
Read More » -
18 SeptemberNews
Today’s news in brief-18/9/24
UK inflation held steady at 2.2% in August, unchanged from July and slightly above the Bank of England’s 2% target. The stability came despite falling food and energy prices, offset by a 1.2% rise in transport costs, driven notably by a 22.2% increase in air fares. Clothing and retail prices…
Read More » -
18 SeptemberEconomy
Inflation holds steady at 2.2% in August
The rate of inflation remained steady at 2.2% in August, unchanged since July, yet is still above the Bank of England’s target of 2%.Although food and energy prices continued to fall over the month, this was in part offset by transport, where prices rose by 1.2% in the month. This…
Read More » -
17 SeptemberNews
Cribbs Mall secures three new retailers
Cribbs Mall has secured lettings with three retailers who will take a combined 2,340 sq ft of space at the shopping centre. Sportswear manufacturer Castore, jewellers Austen and Blake, and make-up specialist Kiko Milano will occupy 573 sq ft, 967 sq ft, and 800 sq ft units respectively and help…
Read More » -
6 SeptemberNews
Today’s news in brief-6/9/24
Burberry, a fixture in the FTSE 100 for the past 15 years, has been demoted to the FTSE 250 following a steep decline in its share price, which has plummeted by around 50% over the last six months. The luxury fashion house has been hit hard by a slowdown in…
Read More » -
6 SeptemberGovernment
CBI boss calls for gov to fix ‘antiquated’ rates system
CBI CEO Rain Newton-Smith has called on the government to fix the “antiquated” business rates rules in England to boost investment and grow the economy. Ahead of the Autumn Budget, the CBI convened firms from 12 sectors, including retail and manufacturing, to develop cross-economy solutions for a competitive and transparent…
Read More » -
5 SeptemberElectrical
Currys revenues up 5% amid strong Euros performance
Currys has seen its UK and Ireland revenues jump 5% like-for-like in the 17 weeks ended 24 August 2024. The electronics retailer has put this jump down to England’s run to the European Championship final and encouraging the early adoption of AI computing products. It has also seen strong growth…
Read More » -
Aug- 2024 -30 AugustSupermarkets
Sainsbury’s acquires 10 Homebase stores
Sainsbury’s has announced that it has acquired 10 stores from HHGL Limited, trading as Homebase, for conversion into Sainsbury’s supermarkets. The acquired stores are in key target locations that will grow Sainsbury’s supermarket coverage across England, Northern Ireland and Scotland. Once they are converted, the shop floor area of the…
Read More » -
27 AugustClothing & Shoes
Barbour opens new concept store in Covent Garden
British luxury lifestyle brand Barbour has opened at 37 Neal Street in Covent Garden’s Seven Dials neighbourhood. The historic retailer’s store is centred around its design concept of New Heritage, which celebrates its dual identity as both “historic in legacy and contemporary in design”. In a nod to Barbour’s 130-year…
Read More »
