High Street
This coverage explores the state and evolution of the UK high street, with reporting on store openings and closures, footfall trends, redevelopment projects, policy impacts, and changing consumer behaviour. Insights are designed to help retail managers and executives understand the challenges and opportunities shaping high street retail operations and strategy.
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Jun- 2021 -4 JuneClothing & Shoes
Fashion and lifestyle sales almost double in May
Lifestyle and fashion retailers recorded strong performances through the first full month of post-lockdown activity with sustained online sales helping to bolster overall growth, according to BDO’s latest High Street Sales Tracker (HSST). BDO revealed that the lifestyle category saw total like-for-like sales reach their highest result on record, as…
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May- 2021 -28 MayHigh Street
Retail NI welcomes top up grants
Retail NI has welcomed the commencement of the issuing of £72.3m in top up grants to Northern Irish businesses that remained open during the most recent restrictions. Over 13,000 trading businesses were unable to receive the most recent financial support, but their “trade and footfall” was still impacted as a…
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19 MayAnalysis
The Great Covid Experiment – Is the Pure-play Retailer Dead?
A year of enforced change in buying habits where pretty much everything went online is set to revert to “the new normal”. Yes, the Covid pandemic accelerated the shift to online; but is the future of retail really digital only? While in the short to medium term, there will remain…
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19 MayShopping Centres
South Gloucestershire Council completes £10m shopping centre purchase
South Gloucestershire Council has revealed that it has completed the acquisition of the Kings Chase Shopping Centre and car park in Kingswood for £10m in a step towards regenerating the Town Centre. The investment, which was awarded funding by the government on 26 December 2020, and completion of the purchase…
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14 MayAnalysis
The return to the high street: friend or foe?
With our clocks adjusted to British Summer Time and Government guidelines easing off shopping restrictions for non-essential shopping, the return to the high street is back in swing. However, with non-essential shops implementing social distancing measures to ensure they remain as safe as they can be, the handling of stock…
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13 MayOnline & Digital
Online sales in April ‘impressive’ despite high street reopening
Online retail sales have continued to grow in April, rising 10.2% year-on-year, despite the reopening of the high street and against strong figures for April 2020. According to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers, there was still some evidence…
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12 MayHigh Street
Young shoppers main drivers of high street footfall, data finds
Millenials are the primary drivers of high street footfall in the UK since non-essential retail stores in England reopened on 12 April, according to new data from global payments platform Adyen. Over a third (34%) of young people surveyed by the service said that they missed physical stores while they…
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7 MayHigh Street
Fashion and lifestyle sales see record surge amid reopening
Retailers reported record results across fashion, lifestyle and homeware and sustained growth of online sales in April, as consumer confidence was boosted by the easing of lockdown and progress with the COVID-19 vaccination programme, according to BDO. BDO’s High Street Sales Tracker (HSST) found that non-store like for like sales…
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4 MayHigh Street
WH Smith mulls takeover of Dixons Carphone’s airport stores
WH Smith is reportedly eyeing up a takeover of Dixons Carphone’s airport stores, after the electronics business closed 35 of its travel shops following the effects of the pandemic. According to The Telegraph, Carl Cowling, WH Smith’s chief CEO, said the exit was “another opportunity” to roll out its own…
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Apr- 2021 -29 AprilHigh Street
WH Smith launches fundraise to open 100 new travel stores
WH Smith has unveiled plans to open around 100 new travel stores after launching a £325 bond offering in convertible bonds, despite reporting losses in its half-year results. The group, which also secured a £250m revolving credit facility with an extended maturity to 2025, said the funds will aid the…
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