Footfall
This coverage explores footfall trends and their impact on the UK retail sector. Reporting includes data on shopper visits, analysis of high street and shopping centre traffic, seasonal fluctuations, and the effectiveness of initiatives to drive in-store engagement. Designed for retail executives and managers, it offers insights to inform operational planning, marketing strategies, and store performance evaluations.
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Nov- 2024 -7 NovemberNews
Mamas and Papas sales hit ‘record’ £154m in FY24
Mamas and Papas has reported record sales of £154.3m, up 7.1%, for the 12 months to 31st March 2024. Sales across its 36 UK concessions with M&S and Next grew 48% in the period thanks to six additional destinations as well as the full-year sales impact from 15 new locations…
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6 NovemberFeatures
How to prepare your store for the holiday season
Act early and hire extra staff As mentioned earlier, the holiday season tends to attract more people to stores and this can sometimes make the store management overwhelmed especially if they are understaffed. Hiring additional staff for the festive period can significantly ease the holiday rush for retail businesses. With…
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5 NovemberClothing & Shoes
Primark profits rise by 51% to £1.1bn in FY24
Primark has seen its operating profits soar by 51% to £1.1bn in the year ended 14 September 2024, as the group hailed a “substantial” improvement in profitability and strong returns amid ongoing investment. Associated British Foods reported that sales for the group rose by 6% to £9.4bn over the year,…
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4 NovemberNews-In-Brief
Today’s news in brief-4/11/24
Asda co-owner Mohsin Issa and partner Victoria Price have taken a substantial stake in the Manchester-based secondhand clothing platform GoThrift through their new investment fund, Boulder Investco. Established to support high-growth UK startups, Boulder Investco has also committed £10m to the Liverpool-based protein supplement company Applied Nutrition. Issa, a key…
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4 NovemberClothing & Shoes
Schuh profits rise by 56.8% to £21m in FY results
Schuh has reported that pre-tax profits rose by 56.8% to £21m in the year ended 3 February 2024, as sales and footfall were both on the rise. In its recently filed accounts with Companies House, the footwear retailer reported that turnover increased 7.4% to £380.8m and EBITDA reached £28m, a…
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Oct- 2024 -31 OctoberEconomy
Budget reaction: Retail warns that higher costs will hamper investment
The retail industry has warned that increased costs following the Autumn Budget may hit businesses hard, with retailers facing higher costs amid new measures that come into place next April, with some warning the sector will face over £2.5bn in new costs in 2025.Yesterday, chancellor Rachel Reeves announced a series…
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31 OctoberClothing & Shoes
Dune posts £3.9m loss amid ‘challenging’ trading
Dune has reported an operating loss of £3.9m for the 52 weeks period ended 27 January 2024, compared with operating profit of £7.6m recorded the previous year. The group’s gross profit also declined from £69m to £68.2m, while EBITDA fell from £10.9m to £4.9m. Additionally, the brand’s turnover remained flat…
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23 OctoberShopping Centres
LDO secures French Connection and Rituals stores
The outlet shopping destination in Wembley Park, London Designer Outlet (LDO), has announced the arrival of French Connection and Rituals. Having agreed a three-year lease, French Connection has opened a 1,919 sq ft store, while Rituals is set to open its latest 2,434 sq ft store at the end of…
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22 OctoberClothing & Shoes
Sosandar HY losses narrow to £0.7m
Women’s fashion brand Sosandar has revealed that its losses narrowed to £0.7m, from a loss of £1.3m, for the six-month period ended 30 September 2024 as a result of margin enhancement and continued careful cost management. Overall, the group’s revenues fell from £22.2m in the prior year to £16.2m as…
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16 OctoberSport & Leisure
Sports Direct to open new store at Trafford Palazzo in 2025
North West shopping and leisure destination, Trafford Palazzo, has secured Sports Direct as its latest occupier on a long-term agreement for early 2025. Due to open a 40,000 sq ft space in the new year, this latest Manchester Sports Direct will stock brands such as Nike, Adidas, Puma and ASICS,…
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