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- 2019 -18 AprilShopping Centres
Kuwait-based investors acquire 50% stake of Intu Derby
Intu properties and Cale Street Investments LP, an investment firm backed by the Kuwait Investment Office, London, have announced the establishment of a 50/50 joint venture for the Intu Derby shopping centre. The real estate investment firm will acquire for cash the 50% interest for consideration which values their share…
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16 AprilHigh Street
Card Factory profits fall as footfall hits LFL sales
Card Factory has reported in its latest full-year results that profit before tax fell by 8.3% to £66.6m as its like-for-like sales stagnated with a 0.1% decrease. The company attributed the fall in sales to a decrease in footfall across its 972 stores and a “tough consumer environment”. However its…
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16 AprilAnalysis
The future of wireless retail technology
Digital transformation, although a term thrown around a lot within all industries, refers to changes made to business models in order to keep up with changing consumer behaviours. This comes as a reaction to digital developments across the board that means businesses can streamline processes, to provide a more effective,…
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15 AprilEconomy
Springboard predicts Easter weekend footfall to ‘bounce back’
According to retail experts Springboard, Easter weekend UK footfall is forecast to rise by +2.1%, bringing a “sigh of relief” to high streets and retail parks in what has been a challenging year. The forecast expects a “bounce back” over the key trading period from what was a poor Easter…
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12 AprilHigh Street
March sees first YOY non-food footfall rise
March saw the first year-on-year rise in footfall in non-food stores for over two years rising by 1.6% since February, according to Ipsos’ Retail Performance Retail Traffic Index. Average weekly footfall was also up on the previous month, by 4.4% and was up across all parts of the UK. Ipsos…
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10 AprilAdvice
Are security cameras the future of retail?
Ask somebody what they immediately think about when someone mentions CCTV and their mind often jumps to the idea of; being watched, invasion of privacy or even the phrase ‘Big Brother’. The tussle between security over privacy remains, but there are new benefits that may be changing the balance in…
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5 AprilAdvice
The global online opportunity for luxury retailers and brands
The global luxury retail industry does not show any sign of slowing down, with the market expected to grow by 3-5% YoY to reach €320-365bn by 2025. Though the luxury sector has been well-known for its initial hesitation to expand online, its steady growth can be attributed to the increased…
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4 AprilAnalysis
Securing the future of the UK high street
UK High Streets have reached a ‘tipping point’. That was the view of a recently published parliamentary inquiry report on UK high streets. The shift to online sales (now accounting for 20% of all retail sales); the upward revaluation of business rates, previous planning policies; and local authority financing constraints…
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Mar- 2019 -26 MarchClothing & Shoes
Moss Bros suffers £4.2m loss in 2018
Men’s fashion retailer Moss Bros has reported statutory loss before tax of £4.2m for the year ending 26 January 2019. This included store fixed asset impairment charges and dilapidation provisions of £2.6m and reorganisation and employee related charges of £1.2m. EBITDA fell to £6.6m during the year, compared with £13.3m…
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25 MarchAnalysis
Designing the stores of the future
The ever-increasing shift to online shopping, powered by e-tail giants such as Amazon, and the rise of mobile and social commerce dovetailing the consumer desire for experiences, have impacted the British high street. While retailers are under severe pressure, this is far from the end of physical retail stores. Many…
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