Greater London
This coverage focuses on retail trends, developments, and performance across Greater London, highlighting store openings, leasing activity, consumer footfall, and economic factors shaping the region. Reporting is tailored for retail executives, property managers, and planners interested in location strategy, market dynamics, and commercial opportunities in the UK’s largest retail market.
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Jul- 2021 -27 JulyCoronavirus
Footfall rises 3.3% but ‘pingdemic’ slows growth
Footfall across UK retail destinations rose by 3.3% last week from the week before, however the hot weather and cautiousness around the ‘pingdemic’ slowed growth throughout the week. According to the latest figures from Springboard, footfall rose in all three destination types, but it revealed that the 4.1% increase in…
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Jun- 2021 -8 JuneHigh Street
Half term and warm weather boosts footfall
Footfall across UK retail destinations rose by 11.6% last week from the week before, including a 17.4% increase in high streets, according to the latest figures from Springboard. Across last week Springboard also found a 8.7% increase in footfall in shopping centres and a 2.3% increase in retail parks. In…
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Apr- 2021 -7 AprilHigh Street
UK retail footfall rises as lockdown comes to end
Footfall across all retail destinations in the UK has jumped by 8.5% in the last week, from the week before, as consumers prepare for the country’s exit from lockdown. Retail parks and high streets saw a footfall increase of 9% and 9.7%, according to data analyst Springboard. Meanwhile, footfall in…
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Mar- 2021 -26 MarchHigh Street
Majestic accelerates expansion with new Beaconsfield site
Majestic, the specialist wine retailer, has opened the doors of a new store in Beaconsfield, Greater London, as part of a wider strategy targeting future growth across the country. The move now puts the total number of stores for the 40 year old retailer at over 200. The retailer revealed…
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Feb- 2021 -23 FebruaryCoronavirus
Footfall rises for fifth consecutive week
Footfall across UK retail destinations rose by 6.8% last week against the week before, marking the fifth consecutive week of uplift ahead of the PM’s highly anticipated ‘roadmap’ announcement yesterday. According to the latest data from Springboard, this was only a fifth less than the rise of 8.5% in the…
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12 FebruaryClothing & Shoes
Boohoo seeks larger London office following acquisition spree
Online fashion retailer Boohoo is reportedly seeking a larger London office following its recent acquisition spree that saw its purchases of a number of Arcadia brands and the Debenhams brand. According to the Evening Standard, Boohoo is looking to upgrade from its current London office in Euston Tower to a…
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12 FebruaryNews
Vacant units in City of London almost double amid pandemic
The number of vacant units in the City of London increased by 47% from 174 at the end of 2019 to 255 at the end of 2020, according to new research by retail data consultancy the Local Data Company This equated to an increase in vacancy rate in the City…
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2 FebruaryHigh Street
Footfall remains above first lockdown levels despite poor weather
Footfall across UK retail destinations rose by just +0.4% last week from the week before as poor weather deterred high street shoppers, according to the latest data from retail experts Springboard. It found that there was a “noticeable increase” in visits to retail parks as footfall rose by +4.7% and…
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Dec- 2020 -11 DecemberNews
Sainsbury’s creates 12,000 seasonal jobs
Sainsbury’s has announced its created 12,000 seasonal roles and increased its digital offer to help cope with the peak Christmas season. The supermarket also announced the increase in holiday rates pay to £9.30 per hour, the reportedly highest rate of pay of the major supermarkets. Colleagues working in Greater London…
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Sep- 2020 -3 SeptemberHigh Street
Retail vacancy rate reaches six-year high
Retail shop vacancies have reached a six-year high due to the impact of the coronavirus pandemic, according to new research from Springboard. The research found the UK vacancy rate rose to 10.8% in July up from 9.8% in January, which means it is now at the highest level since January…
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