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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Apr- 2021 -23 AprilAdvice
Getting ready for the post-covid retail boom
From being in the grip of the second wave in a bleak mid-Winter two months ago with so much uncertainty and anxiety there really has been a remarkable turnaround due to the determination of all to fix this situation. A majority of the population have been vaccinated and sunnier days…
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20 AprilNews
Search begins to find the UK’s fastest growing online retailers
One of the world’s leading Digital Operations Platforms has launched its search for the inaugural ‘Lightning 50’, a league table of the UK’s fastest growing e-commerce businesses of the last 12 months. The list has been launched to celebrate the fastest-growing UK retailers following findings from internal research that two…
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12 AprilHigh Street
Monsoon opens new boutique store in London
Monsoon has opened a new boutique store today (12 April) On London’s Marylebone High Street. The store is part of a “refresh of Monsoon”, taking the brand “back to its roots”, and aims to celebrate its “heritage, craft and commitment to sustainability and ethical trade”. The Marylebone High Street location…
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Mar- 2021 -24 MarchHigh Street
Tui to close 48 high street sites
Tui, the travel operator, has announced that it is closing 48 of its UK high street sites, impacting 273 jobs in the process. The group’s decision follows the proposed shutting of 166 Tui sites, in turn affecting 900 jobs, that was announced in July 2020 as the pandemic continues to…
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24 MarchCoronavirus
Over 11,000 high street shops shut in 2020, study finds
Over 11,000 stores closed on UK high streets last year and another 18,000 could follow in 2021, according to the latest research from the Local Data Company. The figures come as 9,887 chain stores were forced to close last year with an additional 1,442 independent stores shuttering their doors for…
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23 MarchHigh Street
High street footfall rises 4% ahead of lockdown anniversary
Footfall across UK retail destinations rose by +0.5% last week ahead of the one-year anniversary of the first national lockdown , wholly driven by a +4% increase in high streets according to the latest data from retail experts Springboard. During the week, footfall in both retail parks and shopping centres…
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19 MarchAnalysis
Lidl & Aldi – Location, Location, Location
The demise of the high street and the evolution that part of retail is currently experiencing is extremely well documented. But one area that is not so well covered is the rise of Lidl & Aldi and their move towards dominance in the extremely valuable food retail market. This is…
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9 MarchHigh Street
WH Smith lockdown trading exceeds expectations
WH Smith has revealed that the group has delivered a “better than expected performance” during the latest lockdown period. According to the high street retailer, it has “adapted well” to the evolving trading environment and despite reduced footfall, revenue in its High Street business in January 2021 was at 74%…
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5 MarchHigh Street
Sales fall 3.1% in Feb despite record online sales
Shuttered high street shops contributed to a 3.1% decline in total like-for-like sales in February but fashion and homeware helped drive online sales to a record high, new figures from accountancy and business advisory firm BDO LLP reveal. According to BDO’s High Street Sales Tracker (HSST), total like-for-like (LFL) sales,…
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4 MarchHigh Street
February footfall rises across all destinations despite lockdown
Footfall across UK retail destinations rose by 16% in February against the previous month, despite the continuation of lockdown and ongoing restrictions on non-essential retail. According to Springboard’s latest footfall monitor, this marks the largest month-on-month increase for February since its footfall data first became available in 2009. Footfall rose…
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