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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May- 2019 -13 MayEconomy
Shop vacancy rate rises to highest level in four years
The national town centre vacancy rate rose to 10.2% empty outlets, according to data from the BRC-Springboard Footfall and Vacancies Monitor. This is an increase on the previous quarter’s 9.9% rise and the highest vacancy rate seen since April 2015. In the four weeks from 31 March to 27 April,…
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Mar- 2019 -11 MarchHigh Street
Feb footfall signals 15th month of decline
Footfall fell by 2% in February, a significant decline compared with the previous year, when it fell by 0.2%, and marks the fifteenth consecutive month of decline. According to the BRC’s figures it was also the weakest February in five years. High street footfall was found to have declined by 1.9%, marking seven consecutive months of weakening…
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Aug- 2018 -30 AugustAnalysis
How accessible are shopping centres in the UK?
In 2016, the UK’s population peaked at 65.6 million. Reportedly, 18% of the population were aged 65 and over. With an ageing population, are businesses accommodating for elderly people and their differing needs? Similarly, are they making themselves accessible to those with disabilities? Despite Britain’s disabled population having a spending…
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May- 2018 -14 MayHigh Street
Wet start to April dampens retail footfall
Footfall in April decreased by 3.3%, which is a significant decline compared to the 1.6% increase seen the previous year. New data from retail intelligence firm Springboard revealed that there has been no growth in footfall for any UK region for two consecutive months. Most regions saw a slower rate…
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Apr- 2018 -16 AprilHigh Street
March retail footfall sees steepest decline in eight years
Footfall in March decreased by 6%, compared with the positive rate of 1.3% seen in March 2017. There was no growth in footfall for any UK regions, and the most notable declines (year-on-year) were seen in Greater London, -7.5%, the South East, -6.5%, and in the East Midlands, -5.6%. Growth…
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Mar- 2018 -13 MarchHigh Street
Study finds independent retail and leisure outlet growth is soaring
As multiple stores like New Look, Maplin and Toys ‘R’ Us close, a study by OnBuy.com has found that this has led to a rapid increase in the number of independent retailers. The study from the online retailer considered where multiple stores have declined in comparison to areas independent stores are…
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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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Jan- 2018 -8 JanuaryUncategorized
Lidl Unveil plans for its largest UK warehouse
Lidl has announced plans to build its largest warehouse yet, creating up to 1,000 new jobs. The supermarket has exchanged contracts with Houghton Regis Management, a consortium of Aviva Investors, LIH and the Diocese of St Albans, on a 58-acre site in Luton. The new regional distribution centre (RDC) will…
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Nov- 2017 -16 NovemberUncategorized
New £1.4bn Westfield Croydon centre gets council green light
A new Westfield shopping centre – London’s third – has been given the go-ahead by Croydon Council. Construction on the £1.4 billion redevelopment proposal for the Whitgift Shopping Centre by the Croydon Partnership – the joint venture between Westfield and Hammerson – was unanimously given the green light by members…
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