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- 2018 -10 AprilHigh Street
Card Factory posts £14.6m drop in full-year profits
Card Factory has posted a £14.6m drop in its full-year profits which it has attributed to the weak pound and soaring wage costs. Pre-tax profits for the fiscal year ending January 31 were £72.6m, down 12.3% on the previous year. This is despite the card and gift retailer’s revenues increasing…
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5 AprilShopping Centres
Hammerson delays Intu takeover amid Klépierre approach
Hammerson has delayed it acquisition of British rival Intu while the intentions of French shopping centre giant Klépierre “remain unclear”. In a trading update for Hammerson’s first quarter ending 31 March 2018, it said it does not intend to finalise shareholder documents in relation to the takeover of Intu while…
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Mar- 2018 -28 MarchOnline & Digital
Online retail orders on the up
Online retail delivery order volumes were up 7% year-on-year in February, according to the latest data from the IMRG MetaPack UK Delivery Index. The month-on-month drop from January in terms of volume was expected, though the 21% decline was sharper than it has been over recent years. This sharp drop…
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27 MarchHigh Street
Select seeks CVA putting 2,000 jobs at risk
Genus UK, the parent company of fashion retailer Select, is seeking a Company Voluntary Arrangement (CVA) that would allow it to slash rents in its 183 stores. While the group said it currently has no plans to close any stores, the CVA proposal includes an option for landlords to “take…
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21 MarchHigh Street
Moss Bros shares plummet amid profit warning
Moss Bros has seen its shares plummet as much as 30% as it warned its full year profits would come in below expectations – the second such warning this year. At the time of writing the company has seen its shares recover slightly at a 22% decrease. The suit retailer…
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12 MarchHigh Street
Retail footfall drops in February
Retail footfall decreased by 0.5% in February 2018, and is a major decline compared with the rate of 1.0% seen the previous year. According to the British Retail Consortium (BRC) this figure is better than the three-month average of -2.0% and the twelve-month average of -0.7%. However, Greater London and…
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1 MarchEconomy
Shoppers shun high street for online as January sees strongest growth since 2013
Online retail delivery order volumes were up 20.6% year-on-year in January, according to the latest data from the IMRG MetaPack UK Delivery Index. This was the strongest January growth for online order volumes since 2013. During the same period, footfall fell to its lowest January rate in five years –…
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Feb- 2018 -27 FebruaryNews
Hammerson Intu takeover plans still firm
Shopping centre owner Hammerson will continue with its plans to takeover rival Intu for £3.4bn. This was announced as the firm revealed that net rental income increased by 6.9% year-on-year from £346.5m to £370.4m. Hammerson showed its interest in purchasing Intu in December and has announced a new £1.5bn credit…
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22 FebruaryAdvice
An algorithmic approach to more personalised customer relationships
Personalisation in retail is not new – this is what retailers have been doing since the days of the little black book. However, machine learning and automation of marketing and loyalty communications are proving to be game changers in terms of delivering individual experiences, more efficiently. Increasingly we are seeing…
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20 FebruaryClothing & Shoes
Online retail sales see 13.9% year on year growth
UK online retail sales were up 13.9% year-on-year (YoY) in January, according to the latest figures from the IMRG Capgemini e-Retail Sales Index. With rainfall above average in January, and the lowest January high street footfall recorded in five years, consumers turned to online shopping in the beginning of the…
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