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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Oct- 2021 -18 OctoberProperty
Landsec rent collection improves in September
Landsec has noted that its latest collection day recorded payment for 85% of the net rent due on 29 September. This was a marked improvement against the 81% collected for the June quarter date on 21 June. Regional retail paid 83% of rent against the 73% collected in June, whilst…
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15 OctoberEconomy
ProCook considers London IPO
ProCook has announced it is considering an initial public offering on the main market of the London Stock Exchange. Should ProCook proceed with the IPO, it said the admission would be to the premium listing segment of the Official List of the FCA and to trading on the main market…
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8 OctoberDepartment Stores
John Lewis Partnership to open LGV Driver Academy
The John Lewis Partnership is set to open an LGV Driver Academy next month, in a bid to train drivers in 13 weeks to sit the DVLA LGV theory and practical safety tests and tackle the current drivers shortage. It has pledged to train up to 90 people per year…
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7 OctoberElectrical
Amazon opens first four-star store in the UK
Amazon has announced that it has opened its first four-star store outside of the US which offers a curated range of products in Bluewater, just southeast of central London. The store offers products that have been rated four stars and above, are top sellers, or are trending on Amazon.co.uk. The…
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6 OctoberClothing & Shoes
Asos unveils new global ad campaign
Asos has unveiled a new “broad reach”, multi-territory advertising campaign that is set to target its core twenty-something female customers. The three-month, seven figure, high frequency activity will run across VOD, social and programmatic channels in the UK, France and the US. The campaign has been developed by ASOS Creative…
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5 OctoberDepartment Stores
New retail brands set to open at Battersea Power Station
Battersea Power Station has announced that further retail brands are set to open in the grade II* listed building. Some of the latest British and international retail brands planning to open on its premises include: Ralph Lauren, Calvin Klein, Tommy Hilfiger, Ray-Ban, L’Occitane, The Body Shop and Mango. Developers at…
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1 OctoberHigh Street
New West End Company unveils £5bn investment into London’s West End
The New West End Company, which represents 600 businesses on Oxford Street, Regent Street, Bond Street and in Mayfair, has announced details regarding a collective planned £5bn capital investment into London’s West End. It revealed the investment is to be spread across 22 existing and new West End developments, aimed…
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Sep- 2021 -28 SeptemberOnline & Digital
Moonpig ups full-year guidance amid ‘strong’ trading
Moonpig has announced it is raising its revenue guidance for FY22 amid a period of “strong” trading, and now expects to report between £270m and £285m in revenue for the period. In the latest update on its performance from 30 April 2021 to date, the group said that trade remains…
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28 SeptemberHigh Street
Return to offices boosts city footfall
Footfall across UK retail destinations rose by +2.7% last week from the week before, rising by +3.7% in high streets, +2.3% in shopping centres and +0.9% in retail parks. A return to offices saw a particular boost in activity, as footfall in central London and large city centres outside of…
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27 SeptemberNews
Landsec offloads two retail parks in £54m deal
Landsec, one of the largest real estate companies in Europe, has announced the sale of two retail parks. The two disposals, Derwent Howe Retail Park, a 120,000 sq ft site located in Workington, Cumbria and Blackpool Retail Park, were sold for £54.3m. It said this represents an average 15% premium…
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