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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Jul- 2021 -9 JulyHigh Street
June sees LFL retail sales rise by 52.1%
Total like-for-like (LFL) retail sales increased by 52.1% in June, according to the latest BDO’s High Street Sales Tracker. The tracker also revealed that retail sales jumped 41.7% in the third week of June from a “poor base” of 7.07% for the same week last year when non-essential retailers began…
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6 JulyAdvice
Retail sector valuations in the current climate
The current pandemic has caused widespread disruption to the retail sector, with many struggling to maintain a healthy cashflow and revenues and profits down on previous years. Knowing the different types of valuation methods and when to use them can help business owners know what their company is worth now, helping to support their…
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Jun- 2021 -8 JuneHigh Street
Majority of young shoppers name social media as gateway to local retailers
Over a third (37%) of shoppers have named social media as one of the primary ways they would discover a new local retailer, a number which rose to 55% for 18-34-year-olds. The findings come from a new survey commissioned by NFU Mutual, which has partnered with Maybe to provide retail…
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7 JuneSupermarkets
Sainsbury’s expands Neighbourhood Hub stores
Sainsbury’s has announced the expansion of its Neighbourhood Hub stores initiative across the UK. The new format is a food-led extension of the supermarket chain’s convenience offering, with sites in Woodhall Spa, Midhurst and Bishop’s Waltham As part of Sainsbury’s latest endeavour, a series of upgrades have taken place to…
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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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