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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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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Aug- 2020 -25 AugustHigh Street
UK footfall accelerates fourfold
Footfall in UK retail destinations rose by 4.1% last week against the week before, marking a “significant” acceleration in the prior week’s rise of 0.8%, and 1.8% rise in the same week last year. According to the latest data from Springboard, this was largely driven by rises in footfall of…
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Jul- 2020 -15 JulySupermarkets
Aldi doubles Deliveroo trial size
Aldi is extending its current trial with Deliveroo into 11 new stores, including five more in London and launching in Greater Manchester and Cambridge for the first time. The extension more than doubles the number of stores currently running the trial partnership after eight stores in Nottinghamshire introduced the Deliveroo…
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May- 2020 -18 MayCoronavirus
Shoppers remain cautious amid lockdown easing, says Springboard
Footfall across bricks and mortar destinations increased by 3.3% between 11 May and 16 May, marking a “cautious” return of footfall, according to Springboard. The latest data from the insights group marked the fourth weekly footfall increase in six weeks, but was “more modest” than the rise of 11.7% in…
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15 MayCoronavirus
Sainsbury’s expands Chop Chop delivery service to outside of London
Sainsbury’s has announced the expansion of its Chop Chop bicycle delivery service to 20 cities in the UK, as it rolls out the scheme outside of London for the first time. The service, which enables customers to order up to 20 products from the ‘Big four’ grocer via the Chop…
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