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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Jul- 2024 -26 JulyClothing & Shoes
Hobbs to open at Trafford Centre
British womenswear brand Hobbs has announced that it is set to open at Trafford Centre this autumn. The new 4,000 square foot store, located on Upper Regent Crescent, will stock the brand’s mainline range, as well as the store’s limited-edition collections and petite ranges. Hobbs has recently re-evaluated the look…
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25 JulyNews
Hammerson upbeat despite £517m loss
Hammerson has hailed a “strong performance” in the first half of the year ended 30 June despite experiencing a £517m loss. It said the loss was due primarily to a reclassification of the Value Retail stake “from a carrying value of £1.1bn” that the company sold on 22 July for…
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22 JulyDepartment Stores
Saudi wealth fund looks to up Selfridges stake to 50%
Saudi Arabia’s Public Investment Fund has reportedly made an offer to raise its stake in Selfridges from 10% to 50%, according to documents seen by Bloomberg News.The move comes after the department store’s co-owner Signa fell into insolvency earlier this year. The PIF currently owns a 10% share in the…
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19 JulyNews
Retail sales fall by 1.2% in June
UK retail sales volumes fell 1.2% in June 2024 as poor weather conditions for the time of year continued, according to the Office for National Statistics. New figures reveal that sales volumes fell across most sectors, with department stores and clothing retailers broadly returning to their Q1 (Jan to Mar)…
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19 JulyNews
UK consumer confidence improves in July
UK consumer confidence has increased one point in July to -13, according to GfK’s long-running index. The survey revealed that two measures were up, one was down and two were unchanged in comparison to last month’s announcement. The index measuring changes in personal finances during the last year was up…
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5 JulyNews
Today’s news in brief-5/7/24
The British Retail Consortium (BRC) has urged Keir Starmer and the Labour Party to swiftly address their campaign promises after their overwhelming victory in the general election, securing over 400 seats with a majority of around 170. The Confederation of British Industry (CBI) congratulated Starmer, stressing the importance of delivering…
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5 JulyNews
The O2 sales increase 10% in H1
The O2 has revealed that it has seen a 10% increase in sales and a 15.5% uplift in footfall during the first half of the year. The destination also saw a 15% increase in sales for Outlet Shopping at The O2, bolstered by the recent openings of Castore and All…
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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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4 JulyNews
Castore opens new flagship shop at centre:mk
Sportswear brand Castore has recently announced the official opening of its regional flagship store at centre:mk. Located on centre:mk’s premium Silbury Arcade, Castore’s investment into centre:mk marks a new regional retail endeavour for the brand. Occupying 865 sq ft, the new regional flagship store is home to the brand’s complete…
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Jun- 2024 -28 JuneHigh Street
Boots sees 13th straight quarter of market share growth
Boots has revealed that it has posted a 13th consecutive quarter of market share growth for the three months ended 31 May 2024. The health and beauty retailer saw a retail sales increase of 6% in the period compared with a 13% increase in the same period last year. Furthermore,…
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