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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Feb- 2020 -11 FebruarySport & Leisure
Shoppers could ‘lose out’ in JD Footasylum merger, says CMA
The Competition and Markets Authority (CMA) has provisionally found that the proposed £90m takeover of Footasylum by sportswear rival JD Sports “could leave shoppers worse off, both in-store and online”. After its initial Phase 1 review raised potential competition concerns, the CMA’s in-depth Phase 2 investigation has provisionally found that…
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10 FebruaryHigh Street
Shopping centre footfall rises for first time in three years
Consumers were “attracted back” to shopping centres in January, according to Springboard’s latest footfall monitor. Shopping centre footfall increased by 0.2% against the year prior, which was the first month with an increase since March 2017, and the third month in a four-year period when footfall rose. Meanwhile, footfall in…
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7 FebruaryLuxury Goods
Burberry warns on sales impact from coronavirus outbreak
Luxury fashion retailer Burberry has warned that its sales for the year ended March 2020 will be impacted by the recent coronavirus outbreak. Burberry said its recent guidance for the current financial year “predates the impact”, and currently 24 of its 64 stores in mainland China are closed with remaining…
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6 FebruaryHigh Street
63% of midlands shoppers want to support independents, survey reveals
A new survey on the shopping habits of residents in Birmingham, Derby, Leicester, Lincoln and Nottingham has revealed that 63% of all respondents consider it “highly important to support local businesses and independent retailers”. Retail PR group Cartwright Communications, which conducted the survey, said that at a time when “empty…
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Jan- 2020 -28 JanuaryShopping Centres
Intu continues disposals by offloading Spanish shopping centre
Shopping centre owner Intu has offloaded its second Spanish shopping centre as it attempts to fix its balance sheet. The company confirmed that a joint venture company through affiliates of Intu properties and Canada Pension Plan Investment Board has exchanged contracts to sell Intu Asturias shopping centre to the ECE…
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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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