London
This coverage focuses on retail activity, trends, and developments in London, a central hub of the UK retail industry. Reporting highlights flagship store openings, property developments, regional economic factors, consumer behaviour, and strategic moves by both international and domestic brands. Tailored for retail executives and managers, it offers insights into operating and competing in one of the world’s most dynamic retail markets.
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Nov- 2021 -5 NovemberCoronavirus
£1.2bn to be spent in West End this Christmas, says NWEC
Despite a “strong recovery in footfall”, West End retailers are facing a “challenging festive period” due to the continued absence of high spending international travellers, with the New West End Company predicting just £1.2bn being spent this Christmas. The latest figures from NWEC, which represents 600 retail, restaurant, hotel and…
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5 NovemberHigh Street
Dobbies opens third little dobbies in London
Dobbies Garden Centres has announced the opening of its third little dobbies store in London, located in Richmond, as it continues the roll-out of the new concept across the country. Located at 54 George Street, this is the fifth site in the UK, following Westbourne Grove, Chiswick and Clifton which…
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4 NovemberClothing & Shoes
Superdry welcomes strong Autumn trading
Superdry has welcomed an “encouraging” start to its Autumn trading season, with revenue up by 8.8% against last year in the eight weeks to 23 October, and by 17.2% against the same period in FY20. While the group welcomed an improvement in its retail channel performance across the eight-week period,…
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4 NovemberEconomy
Footfall improves during October
October footfall saw a “noticeable improvement” to -13.4% lower than in 2019 compared with -17.4% in September, according to the latest figures from Springboard. The final week of the month, which included the October school half term, was “pivotal” in boosting footfall, shifting the average from -14.3% over the first…
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3 NovemberSupermarkets
Aldi to open 15 new stores before end of year
Aldi is set to open 15 new stores across the UK before the end of the year. The supermarket group, which currently has more than 930 UK stores, will open in new locations including Edinburgh (25 November), Orpington (2 December) and Poole (16 December). The new openings form part of…
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2 NovemberProperty
Landsec to acquire U and I Group for £190m
Landsec has reached an agreement to acquire urban regeneration group U and I for a total of £190m, at a price of 149p per share. The retail landlord said the move would combine U and I’s front-end development capabilities, placemaking skills and portfolio of core regeneration projects with Landsec’s “development…
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2 NovemberEconomy
Footfall surges during half-term break
Footfall across UK retail destinations rose by 11.1% last week from the week before, according to latest data from Springboard. This is just shy of the 11.6% week on week increase in the week before the late May bank holiday. High streets and shopping centres benefited the most with rises…
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Oct- 2021 -27 OctoberProperty
Ikea to open in former Topshop Oxford Street site
A new Ikea store is set to open its doors in the heart of London with a new location at Topshop’s former Oxford Street site. The new store is planned to open in autumn 2023, and will have a focus on home-furnishing accessories, with a full range available to buy…
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26 OctoberHigh Street
Footfall declines in lead up to half-term
Footfall across retail destinations declined by -1.5% across the UK in the last week, according to retail intelligence experts Springboard. This drop was driven by a -3.6% decline in footfall in high streets, whilst footfall rose marginally in both retail parks by +0.9% and shopping centres by +0.4%. Whilst footfall…
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25 OctoberSupply Chain
UK logistics space falls to ‘record low’, report finds
Logistics and industrial space across the UK has fallen to a “record low”, with demand rising amid the 16.1 sq ft already taken in Q3, according to new data from Cushman and Wakefield. It found that 48.9m sq ft was taken so far this year, with 2021 on track to…
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