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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Feb- 2025 -10 FebruaryHealth & Beauty
Aesop opens new store in Victoria Leeds
Luxury skincare brand Aesop has opened a new shop in Victoria Leeds, marking the brand’s first store opening in 2025 and debut in the North of England. Aesop has joined Victoria Leeds’ premium tenant mix with a 753 sq ft unit alongside fellow best-in-class beauty brands, Le Labo, L’Occitane, and…
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6 FebruaryEconomy
BoE cuts interest rates to 4.5%
The Bank of England (BoE) has voted to cut interest rates from 4.75% to 4.5%, the lowest level since June 2023, but warned that GDP growth has been “weaker than expected”. At its meeting this week, the bank’s monetary policy committee voted by a majority of 7–2 to reduce the…
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4 FebruaryNews-In-Brief
Today’s news in brief-4/2/25
Shein’s planned £50bn London IPO is under threat due to potential US tariff reforms and ongoing allegations of forced labor in its supply chain. Former President Donald Trump’s proposal to eliminate the ‘de minimis’ tax rule—which allows duty-free imports of small packages under $800 from China, Canada, and Mexico—could significantly…
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4 FebruaryClothing & Shoes
Mango to open 20 new UK stores in 2025
Mango has announced that it is aiming to open 20 new UK stores in 2025 as part of its 2024-2026 Strategic Plan. The plan will concentrate in London, with six openings, as well as central England, Scotland, Northern Ireland and the arrival in Cardiff. One of the company’s six openings…
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Jan- 2025 -16 JanuaryEconomy
UK economy narrowly returns to growth in November
The UK economy narrowly returned to growth in November as real gross domestic product (GDP) increased 0.1%, largely because of a growth in services. The increase comes after two consecutive months of decline, however, real GDP is estimated to have shown no growth in the three months to November 2024,…
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15 JanuaryNews-In-Brief
Today’s news in brief-15/1/25
Inflation in the UK unexpectedly fell to 2.5% in December, marking its first decline in three months, according to the ONS. The decrease, attributed to reduced hotel and tobacco prices despite rising fuel costs, exceeded expectations, as analysts had predicted inflation would remain steady at 2.6%. While inflation remains above…
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15 JanuaryEconomy
Inflation unexpectedly falls to 2.5% in December
The rate of Consumer Price Index inflation unexpectedly fell one percentage point to 2.5% in December, dipping for the first time in three months, according to the Office for National Statistics (ONS). It comes as hotel prices fell and tobacco costs eased, which have been credited with helping offset a…
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13 JanuaryHealth & Beauty
Boots sales rise 8.1% in Q1
Boots has delivered a “strong” first quarter with total comparable retail sales up 8.1% YoY for the three months ended 30 November 2024. The UK’s leading health and beauty retailer saw growth across all categories and channels, on top of a “significant increase” in the prior year. Boots’ digital sales…
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Dec- 2024 -24 DecemberHigh Street
Footfall rises ahead of Christmas but remains lower than 2023 levels
Footfall rose for the second consecutive week last week across all UK retail destinations with retail parks and shopping centres paving the way, according to MRI Software’s new data. However, levels were still considerably lower than the same week last year. For the week to 22 December, footfall rose by…
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19 DecemberEconomy
BoE holds interest rates at 4.75%
The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation and wage growth. At its meeting this week, the bank’s monetary policy committee voted by a majority of 6–3 to maintain the current rate. Three members voted to reduce interest rates…
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