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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Sep- 2018 -21 SeptemberClothing & Shoes
Moss Bros’ revenue drops as hot weather and World Cup ‘distraction’ affects sales
Menswear retailer Moss Bros has reported a drop in revenue and sales in its half year financial results, covering the period from 28 January 2018 to 28 July 2018. The retailer’s total group revenue, excluding VAT, was down by 3.3% and fell to to £64.5m compared with the previous year.…
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20 SeptemberClothing & Shoes
Cath Kidston clarifies store review reports
Cath Kidston has clarified reports that it is to undergo a formal portfolio review and instead said that it is reviewing individual branches as leases come up for renewal. The fashion retailer, which has 65 stores across the UK, stressed it is looking to move stores where leases are coming…
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19 SeptemberAdvice
How retailers can harness Halloween to drive engagement
Each year Halloween generates a huge amount of hype among consumers, making it a pivotal holiday for retailers. Indeed, Halloween sales continue to grow, generating £310m in 2016, increasing to £320m in 2017, according to Mintel. But how can retailers continue to drive awareness and footfall during this competitive retail…
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12 SeptemberComment
How can retailers utilise queuing psychology?
Retailers must do everything they can to ensure that for customers, their waiting time at the till is not perceived as a negative experience that mars their shopping trip. Harnessing effective queuing measures could be key to maximising customer retention. It’s well reported that competition among brick-and-mortar retailers is now…
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10 SeptemberHigh Street
August footfall down 1.6% despite some retail park growth
Retail footfall dropped by 1.6% in August despite seeing rare retail park growth in the East and South West of the UK. The figures are according to the British Retail Consortium (BRC) and Springboard’s footfall and vacancies monitor with August seeing a sharper decline than the 0.8% experienced in July,…
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4 SeptemberAdvice
How retailers can turn the store of the future into a reality
The face of retail is rapidly changing with a significant increase in online shopping and reduced footfall in high-street stores. But rather than fighting against online retail, brands are using technology to offer a version of what draws customers to the online experience. Many retailers are re-imagining the brick-and-mortar shopping…
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4 SeptemberEconomy
Footfall ‘better than expected’ in August
Footfall fell by 4.1% in August compared with the same month last year, according to the Ipsos retail footfall tracker. Despite the drop, analysts described footfall levels as “better than expected” as the pace of year-on-year footfall decline slowed in August. Ipsos said this might be down to the success…
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Aug- 2018 -30 AugustShopping Centres
Unibail-Rodamco-Westfield posts 14.5% profit rise after Westfield acquisition
Unibail-Rodamco-Westfield has reported a 14.5% jump in H1 profits boosted by its recently acquired Westfield shopping centres. Europe’s largest property firm finalised the acquisition of Australian shopping mall giant Westfield in early June which includes both Westfield London and Westfield Stratford in the UK. The firm said profits in the…
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22 AugustClothing & Shoes
TK Maxx parent company announces 12% sales increase
The parent company of TK Maxx, TJX, has announced it has seen a 12% increase in net sales for the last financial year, double last years figure. Comparable store sales for the company’s European division rose to 4% over the last quarter from just 1% over the same quarter the…
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21 AugustHigh Street
Office Outlet announces CVA proposal
Stationery retailer Office Outlet has announced a company voluntary arrangement (CVA) proposal to restructure its UK store estate as part of its ongoing turnaround strategy. The retail chain formerly known as Staples has spent the last two years performing an operational restructuring which it said has “significantly improved” its store…
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