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- 2020 -20 JanuaryProperty
Intu seeks £1bn of emergency funds
Intu has announced it will seek to raise equity in its efforts to fix its balance sheet. The commercial real estate giant said it was a “number one priority” to make progress in its strategy to fix the balance sheet, which included targeting an equity raise alongside its full year…
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17 JanuaryHigh Street
Moss Bros sales slip in half-year results
Men’s fashion retailer Moss Bros has reported a 3% decrease in total sales for the 24-week period ended 11 January 2020. Hire sales, which accounted for just under 8% of group revenue in the period, slumped by 17.7% on a like-for-like basis. Additionally, total retail sales, including e-commerce and wholesale,…
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17 JanuaryHigh Street
Paphitis delivers ‘resilient’ full year and Christmas performance
The Paphitis retail group has reported a ‘resilient’ performance amid ‘challenging’ conditions in both its full year and Christmas results. Total revenue for Ryman increased by 1.4% to £129.9m in the full financial year, while EBITDA increased 6.5% to £8.2m. This reflected “new categories, development of related services and customer…
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16 JanuaryAnalysis
How in-store experiences will shape gaming retail in 2020 and beyond
A little over a year ago the Entertainment Retailer Association (ERA) announced that the gaming market accounted for more than half of the entire UK entertainment sector at more than £3.8bn, making it bigger than video and music combined. The top games released that year included FIFA 2019, Red Dead…
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15 JanuaryFeatures
How catering to older consumers can help save the high street
2019 was the “worst year on record” for retail according to figures released by the BRC last week, with commentators quick to blame the rise of internet shopping or the impact of Brexit, but the reality can be seen to be much more complex. Across the UK, high streets are…
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15 JanuaryClothing & Shoes
Quiz sales tumble amid ‘challenging’ Christmas
Quiz suffered a “disappointing” period of Christmas sales, as group revenue fell by 9.3% over the seven week period ended 4 January 2020. The retailer said it experienced a reduction in footfall compared with the prior year, which resulted in stores and concessions revenue decreasing by 7%. The group also…
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14 JanuaryHigh Street
DFS profits to meet expectations despite ‘challenging’ trading
Furniture retailer DFS has said it expects full-year profits to be “broadly in line” with market expectations of £50m-£53.6m, despite a “challenging” trading period which saw half-year sales decline. For the 26-week period to 29 December 2019, DFS revealed that gross sales decreased by 6% compared with the “comparatively strong”…
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13 JanuaryHigh Street
December footfall hit by Black Friday
Footfall dropped 2.5% in December, according to the latest figures from Springboard’s footfall monitor and insights. The data provider said this came as “no surprise”, as December footfall has only increased once since 2009. Despite this, the fall was at the “upper end of the scale of decline”. The “noticeable”…
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10 JanuaryHigh Street
B&M reports ‘slower performance than anticipated’ in its third quarter
B&M has reported a “slower performance than anticipated”, despite a 9.3% increase in group revenues during its third quarter. Over the 13 weeks to 28 December, revenues across its UK stores increased by 8.8% including like-for-like growth of 0.3% for the quarter, against the “backdrop of a challenging broader retail…
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9 JanuaryAnalysis
Who would have thought skinny jeans could be anyone’s undoing?
It’s not often that the business pages give you a good belly laugh. But today we have the spectacle of Marks & Spencer blaming its poor Christmas trading results partly on an oversupply of skinny jeans for men. Apparently customer surveys revealed that the high street bellwether’s ranges were “too…
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