Hull
This coverage focuses on retail developments in Hull, highlighting key business movements within the city’s retail sector. Explore updates on new store openings, changes in the retail landscape, local shopping centre performance, and strategic shifts from major retailers. With insights tailored for professionals in retail operations, brand management, and business development, this content provides valuable updates to support decision-making and strategy within Hull’s retail market.
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May- 2023 -9 MayHigh Street
Coronation Day footfall down by 20%
On Coronation Day, footfall across all UK retail destinations was -20.6% lower than the previous Saturday, and -24.6% lower between 10am and 3pm, as the event “somewhat inevitably” drew customers away from stores. However, according to the latest findings from Springboard, the coronation did lead to an uplift in footfall…
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May- 2021 -10 MayHigh Street
JTF Central eyes 50-shop UK portfolio
Discount retail chain JTF Central is set to open 50 high street sites across the UK, following its upcoming debut launch in Hull. The new venture, which will operate as an extension to JTF Mega Discount Warehouse, is set to create 2,000 jobs. The wider group currently trades with a…
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Aug- 2019 -13 AugustFeatures
Mike Ashley’s high street monopoly
Over the past two years retail tycoon Mike Ashley has been treating the UK high street as his very own personal Monopoly board. However instead of desires to develop houses and hotels on his newly acquired property, Ashley has the grander vision of ‘saving the UK high street’ and turning…
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Feb- 2019 -26 FebruaryHigh Street
Angling Direct acquires Chapmans Angling for £1.4m
Angling Direct, the specialist fishing tackle and equipment retailer, has acquired fishing tackle retailer Chapmans Angling for £1.4m payable in cash and includes stock at Valuation. Chapmans Angling, which has two stores in Scunthorpe and Hull, generated revenues of over £3m and profit before tax of £43,000 last year. Angling Direct…
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18 FebruaryDepartment Stores
Philip Day eyes M&S and House of Fraser stores
Retail entrepreneur and Edinburgh Wooden Mill boss Philip Day is reportedly in talks to acquire a small number of Marks and Spencer and House of Fraser stores that are set to close. According to the Sunday Telegraph, Day is aiming to turn the stores into branches of his Days department…
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Jan- 2019 -15 JanuaryHigh Street
M&S store closures to affect 1,045 jobs
Marks and Spencer has confirmed 17 stores which are set to close within its plans to shutter over 100 stores to “reshape” its estate and become more relevant to customers. These closures are expected to affect 1,045 jobs and the retailer said it will enter a period of consultation with…
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Dec- 2018 -5 DecemberAnalysis
Why are retail spaces shrinking across England and Wales?
Across the UK, retailers are struggling to survive. This is down to several factors: years of austerity and low wage growth has meant that households have less spending power, the cost of imported goods has risen – as has the national minimum wage – and the trend of “bricks to…
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Nov- 2018 -13 NovemberDepartment Stores
House of Fraser could see ‘significant’ number of further store closures
House of Fraser is set for a “significant” number of further store closures after landlords reportedly refused to agree to owner Mike Ashley’s new leasing terms. According to the Sunday Times, the Sports Direct boss met with agents at retail estate agency CBRE last week to discuss the stores to…
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Sep- 2018 -25 SeptemberDepartment Stores
Three further House of Fraser stores to shutter due to ‘greedy landlords’
House of Fraser has announced it is to close three further stores in Hull, Edinburgh and Swindon, with new owner Mike Ashley saying he was unable to agree terms with “greedy landlords”. The retailer is currently in consultation with staff at the affected stores, and said its Bath store was…
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Jul- 2018 -19 JulyHigh Street
Poundworld distribution centres for the chopping block
The administrators of Poundworld, Deloitte, have announced that the retailer’s distribution centre operations will be closing on Friday 20 July. They also announced the closure of a further 78 stores, which will see 907 employees lose their jobs when the stores shutter on either Thursday 26 July or Sunday 29…
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