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.
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May- 2021 -12 MayHigh Street
Young shoppers main drivers of high street footfall, data finds
Millenials are the primary drivers of high street footfall in the UK since non-essential retail stores in England reopened on 12 April, according to new data from global payments platform Adyen. Over a third (34%) of young people surveyed by the service said that they missed physical stores while they…
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7 MaySupermarkets
10p plastic bag charge to be enforced from 21 May
The single-use carrier bag charge is set to double from 5p to 10p and be extended to all businesses in England from 21 May. As a result of the charge, which has seen a 95% cut in plastic bag sales in supermarkets since 2015, the average person in England now…
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Apr- 2021 -30 AprilHigh Street
Card Factory trading performance ‘exceeds expectations’
Card Factory has announced that its performance following the reopening of stores in England and Wales “exceeded its expectations”. The company has also revealed that it has agreed headline terms for refinancing of the group with its current syndicate of commercial lending banks, with a further update due in the…
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23 AprilAdvice
Getting ready for the post-covid retail boom
From being in the grip of the second wave in a bleak mid-Winter two months ago with so much uncertainty and anxiety there really has been a remarkable turnaround due to the determination of all to fix this situation. A majority of the population have been vaccinated and sunnier days…
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22 AprilProperty
Hammerson offloads retail park portfolio for £330m
Hammerson has confirmed the sale of its portfolio of seven retail park assets to Brookfield for £330m cash proceeds, concluding Hammerson’s exit from the UK retail parks sector. The final amount marked an 8% discount to the 31 December 2020 book value of £357m. The portfolio comprises 205,000m² of space…
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21 AprilNews
UK inflation rises to 0.7% in March
Rising fuel, clothing and transport helped UK inflation rise to 0.7% in the 12 months to March, up from 0.4% recorded in February. The latest figures from the Office for National Statistics (ONS) revealed that the largest upward contribution to the CPIH 12-month inflation rate came from transport (0.44 percentage…
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20 AprilClothing & Shoes
Primark to repay furlough relief despite seeing HY profits halve
The owner of Primark, Associated British Foods (ABF), has revealed that it intends to repay £121m in relief repayment, despite profits falling 50% to £319m for the 24 weeks ended 27 February 2021. The government support schemes enabled the company to preserve its entire 65,000 workforce for Primark. While overall…
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9 AprilHigh Street
Total UK footfall decreases by 69%, BRC tracker finds
Total UK footfall decreased by 68.7% in March (Yo2Y), marking only a 4.9% improvement from February, according to the latest British Retail Consortium (BRC) Sensormatic tracker. The data, which covered the five weeks from 28 February to 3 April 2021, showed that the footfall drop in March was above the…
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8 AprilDepartment Stores
Debenhams to reopen its stores one last time
Debenhams has announced that it will reopen its stores in England and Wales on 12 April to complete its final closing down sale. The sale will offer limited-time bargains, with up to 70% off fashion and home products and up to 50% off beauty and fragrance lines. The reopening is…
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8 AprilHigh Street
Retailers rally behind hospitality and reject Covid status certificates
Retailers have rallied behind pubs and clubs in their rejection of Covid status certificates, according to The Guardian. The news follows on from the announcement made by the prime minister last Sunday to confirm the reopening of shops in England from 12 April 2021. In his announcement, Boris Johnson suggested…
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