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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Apr- 2021 -27 AprilSupermarkets
Grocery sales rise 5.7%
Take-home grocery sales rose 5.7% for the 12 weeks to 18 April 2021, according to data analytics and brand consulting company Kantar. The group’s figures also show a 6.5% growth for the four-weeks prior to 18 April, reflecting increasing consumer confidence in physical retail. Kantar found that the over-65 community…
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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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20 AprilNews
Search begins to find the UK’s fastest growing online retailers
One of the world’s leading Digital Operations Platforms has launched its search for the inaugural ‘Lightning 50’, a league table of the UK’s fastest growing e-commerce businesses of the last 12 months. The list has been launched to celebrate the fastest-growing UK retailers following findings from internal research that two…
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20 AprilCoronavirus
Reopening week sees footfall jump by 87.8%
Footfall in UK retail destinations rose by 87.8% last week following the reopening of non-essential stores on Monday 12 April, according to the latest figures from Springboard. Springboard found that UK high streets experienced a 93.2% rise and shopping centres saw an even higher increase in footfall at 126.6%. In…
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20 AprilProperty
Hammerson to slash rents by 30%
Hammerson has announced it is planning to slash rents for retail tenants by around 30% as non-essential shops prepare to reopen. Mark Bourgeois, the group’s managing director, said: “We reckon across the board and our business we’ll probably reduce rents from their peak by about 30% so we are really…
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19 AprilAnalysis
How retailers can optimise their digital strategies for a post-lockdown world
As we pass the anniversary of the first national lockdown, many retailers are pausing to reflect on how the past year has impacted their business. While some have struggled to adapt others have thrived, seeing restrictions as an opportunity to attract new customers through Google Shopping and e-commerce platforms. With…
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16 AprilComment
Real time data underpins retail success with unpredictable shoppers
We live in unprecedented times and for retailers this challenging environment throws a new curve ball each week. Shopper behaviour is not easy to predict in normal circumstances and Covid-19 has exacerbated this challenge. This can, for example, be seen in foot traffic to stores – a key indicator of shopper…
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15 AprilClothing & Shoes
Hobbs sees FY20 turnover fall to £133m
Hobbs, the women’s clothing, footwear, and accessories retailer, saw its turnover for the year ended 28 March 2020 fall 1.8% to £133m. The group’s adjusted EBITDA for the period also declined, falling £1.7m from £21.9m in FY 2019 to £20.2m in FY 2020. Operating profit and profit after tax at…
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14 AprilCoronavirus
First day of reopening sees UK footfall rise 155%
The first day of reopening saw footfall in UK retail destinations rose yesterday by +155.2% from the same day last week, and by +225.2% in shopping centres, according to the latest data from Springboard. It found the rise in footfall in high streets was slightly lower at +176.1% and was…
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12 AprilAnalysis
How John Lewis plans to bounce back
In 2007, upmarket retail giant John Lewis revealed plans for an ambitious expansion scheme, which aimed to double the size of its business. At the time, the company only had 26 sites across the UK and the £700m investment was created to increase its high street presence: bringing a further…
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