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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Aug- 2019 -6 AugustAdvice
How to ensure bricks & mortar stores thrive in a shifting marketplace
Gone are the days when brands can get away with being all things to all people. A brand must build equity and position itself correctly to thrive. The three most important factors brands need to bear in mind when navigating a shifting market are: Be relevant – listen and respond…
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5 AugustSupermarkets
Tesco announces 4,500 job cuts across its Metro stores
‘Big Four’ grocer Tesco has announced it is to cut 4,500 jobs from its Metro stores across the UK. The job cuts come as part of the supermarket’s plans to “simplify and reduce processes and administrative tasks” across all of its 153 Metro stores. The company said the format was…
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5 AugustComment
Spotlight: Retailers defying the high street doom and gloom
Joules British clothing retailer Joules has continued to defy the high street gloom over the past two years, and so far has not buckled under the pressures of ‘brexit uncertainty’ and the shift in consumer tastes and trends. Originally established as Joule & Sons in 1977 by Ian Joule, the…
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1 AugustShopping Centres
Westfield’s UK net rental income down 3.1% amid Brexit ‘uncertainty’
Shopping centre giant Westfield has reported a 3.1% decrease in net rental income for its UK operations, covering the half year period ending 31 July. In the trade update, the landlord conglomerate said vacancy stood at 8.7%, primarily driven by some non-renewals,the impact of retailer bankruptcies, and the delays in…
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Jul- 2019 -30 JulyPeople Moves
Centre manager appointed for upcoming Waterloo development
Commercial Developer LCR has appointed Lynne Glover as centre manager for its new development Waterloo.London. She brings over 30 years’ experience in the retail industry, joining from Angel Central Shopping Centre, where she acted as centre manager for nine years. She previously worked for CBRE, Savills, Debenhams and Buro Four.…
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17 JulyAdvice
Four key trends for the rest of the retail year
As retailers strive to find ways to innovate and attract customers back to the high street, we are seeing new trends emerge on the high street. Currently, a growing number of bricks-and-mortar stores investing in their behind the scenes framework and technology platforms in order to improve productivity, efficiency and…
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15 JulyHigh Street
Retail footfall ‘slumps’ in June
Footfall declined by 2.9% in June, attributed to the “exceptional and ongoing disruptive political and economic period”, according to retail intelligence firm Springboard. On a three-month basis, footfall decreased by 2.4%, and the six and 12–month averages were found to be -1.3% and -1.7% respectively. High street footfall also declined…
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1 JulyHigh Street
Boots confirms closures of 200 stores
Health and beauty retailer Boots has confirmed it is set to close 200 stores in the UK, after receiving confirmation from its parent company Walgreens Boots Alliance. The store closures will affect underperforming stores, in “walking distance” of other Boots locations and will represent 8% of the retailer’s UK stores…
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Jun- 2019 -25 JuneHigh Street
EWM income rises after acquisitions
Retailer Edinburgh Woollen Mill (EWM) has announced a significant increase in revenue to £936m for the 18-month period to August 2018, compared to the 12-month period to February 2017, which included the purchase of Jaeger after it went into administration. The results, which were published on Companies House, also saw…
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24 JuneAdvice
Why experiential retail has never been more important
Picture the scene: A 400m maze with 8ft high walls and a tree-house retreat as its centrepiece, with yoga sessions held on its roof; immersive, interactive light shows that enchant young and old alike; exclusive events with global online influencers and 90s boyband popstars. These types of experiences are a…
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