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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Jan- 2024 -2 JanuarySupermarkets
Aldi and Lidl see record-breaking Christmas
Discount supermarkets Aldi and Lidl have both experienced record-breaking Christmas periods. Aldi posted sales over £1.5bn in the four weeks to 24 December, an 8% increase year-on-year, while Lidl sales jumped 12% year-on-year. Aldi reported that Friday 22 December was its busiest trading day with over 2.5 million customers visiting…
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Dec- 2023 -21 DecemberNews
Nike Rise to open at Trinity Leeds in 2024
Nike has announced that it will bring its concept store, Nike Rise, to Trinity Leeds next year. The retailer will join a number of international brands who have signed at the centre this year. The 10,000 sq ft Nike Rise store aims to enhance shopping experiences through innovative digital experiences…
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8 DecemberAnalysis
What’s in store for retailers in 2024?
The announcement made by Chancellor Jeremy Hunt in the Autumn Budget has unveiled a series of measures aimed at bolstering the UK economy, with the aim to particularly benefit retail. Hunt believes that the reduction in National Insurance, the freezing of business rates, and increments in the National Living Wage…
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7 DecemberNews
Today’s news in brief-7/12/23
Kelso, an activist shareholder in THG, has intensified its campaign for THG to clarify its plans to separate its three business divisions. Kelso believes that splitting the divisions (beauty, nutrition, and ecommerce services) would bridge the gap between THG’s share price and its true value. The shareholder has written to…
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7 DecemberNews
Castle Quarter signs first Korean supermarket in Norwich
Castle Quarter, Norwich’s social, leisure and lifestyle destination, is to be the home of Norwich’s first dedicated Korean supermarket, Itaewon, following the arrival of new food retailers at the scheme. Itaewon has taken unit 12 at Castle Quarter, totalling 1,664 sq ft, on a new ten-year lease. Increasing numbers of…
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7 DecemberNews
Black Friday 2023 surpasses 2019 levels
Black Friday weekend was the busiest day of 2023, slightly surpassing 2019’s figures, according to new figures released today (7 December) by New West End Company. Driving uplift was early morning shoppers, with higher footfall concentrated between 8am – 12pm. This is likely down to the rise in savvy spenders,…
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5 DecemberNews
Lounge opens pop-up at Liverpool One
Underwear brand Lounge has launched its Christmas pop-up store on Liverpool One’s South John Street that will run until December 23. The 4,000 sq ft store delivers a premium shopping experience showcasing the brand’s range of lingerie, loungewear, and nightwear. Championing its ‘Comfort Made Sexy’ tagline, the store offers fully…
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1 DecemberNews
Today’s news in brief- 1/11/23
Matthew Moulding, the founder of THG, has acquired a 3.2% stake in Kelso Group, a shareholder critical of THG’s business leadership. Moulding’s investment of approximately £300,000 comes amid Kelso’s consistent claims that THG is undervalued, advocating for the separation of its divisions. Kelso, launched in 2022, raised £3m to invest…
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1 DecemberHigh Street
Early signs of footfall recovery ahead of festive trading, BRC finds
The retail sector experienced early signs of footfall recovery in November as total UK footfall decreased by 0.7% in November(YoY), an improvement on -5.7% in October, according to the latest data from the BRC. High Street footfall decreased by 1.7%, an improvement on -4.6% in October, whereas Retail Parks again…
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Nov- 2023 -30 NovemberNews
EG Group EBITDA falls to $345m in Q3 following Asda acquisition
EG Group, the global food services and petrol forecourts operator, has revealed that its EBITDA dipped 18% to $345m (£272m) in Q3 2023. The group attributed the decline to the impact of lower fuel volumes and a competitive environment in the quarter, as well as comparisons with the exceptional fuel…
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