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.
-
Apr- 2021 -28 AprilAdvice
Unlocking the future of in-store shopping – with our phones
Amazon Fresh still seems surreal (at least for some shoppers, for whom it feels a bit too closely like theft!). It’s a relatively new concept in the UK, with just three Amazon stores live at time of writing. But everything else surrounding the Fresh concept is already second nature, and…
Read More » -
26 AprilHigh Street
Poundland owner confirms Polish IPO
Poundland owner, Pepco Group, has confirmed plans to go ahead with a listing on the Polish stock market that could value the company at around £3.9bn. The firm, which operates the Pepco and Dealz brands in Europe, had planned to go public in 2020 with a dual listing in London…
Read More » -
23 AprilPeople Moves
Hammerson names new chief development and repositioning officer
Hammerson has announced that Harry Badham has been appointed to the role of chief development and asset repositioning officer. Badham joins from AXA IM Alts where he was UK head of development. During his time here he led £3.5bn of “major” investment, development and repositioning projects from start to completion…
Read More » -
20 AprilCoronavirus
Reopening week sees footfall jump by 87.8%
Footfall in UK retail destinations rose by 87.8% last week following the reopening of non-essential stores on Monday 12 April, according to the latest figures from Springboard. Springboard found that UK high streets experienced a 93.2% rise and shopping centres saw an even higher increase in footfall at 126.6%. In…
Read More » -
19 AprilHigh Street
Poundland owner eyes £4bn IPO
Pepco Group, the owner of Poundland and Dealz, is reportedly set to pursue a £3.9bn initial public offering (IPO) on the Polish market in the coming months. According to Sky News, the group’s management team and shareholders alike have snubbed London in favour of Warsaw due to the firm’s large…
Read More » -
16 AprilOnline & Digital
MusicMagpie plans £208m London float
MusicMagpie, the e-commerce retail business, has announced plans for a £208m float on the London Stock Exchange. The proposed admission to trading on AIM would place 7,772,020 new ordinary shares and 49,415,850 existing ordinary shares of one pence each, both at a placing price of 193 pence. The new shares…
Read More » -
16 AprilSupermarkets
Sainsbury’s opens new Wapping London Dock site, creating 21 jobs
Sainsbury’s has launched a new Wapping London Dock local store, creating 21 jobs for the area. According to the grocer, the new site will serve nearby residents and will be a “convenient and fresh destination” for commuters and visitors to the neighbourhood. The new store also features an instore bakery…
Read More » -
14 AprilCoronavirus
First day of reopening sees UK footfall rise 155%
The first day of reopening saw footfall in UK retail destinations rose yesterday by +155.2% from the same day last week, and by +225.2% in shopping centres, according to the latest data from Springboard. It found the rise in footfall in high streets was slightly lower at +176.1% and was…
Read More » -
13 AprilClothing & Shoes
Boohoo acquires new office in Soho for £72m
Boohoo has announced that it has acquired a new office in Soho for the group’s London-based brands for £72m. The new office is intended to become home for all London-based product, marketing, technology and central support teams, offering flexible working for approximately 600 employees. The news follows the retailer’s recent…
Read More » -
13 AprilSupermarkets
Sainsbury’s expands Deliveroo partnership
Deliveroo has expanded its partnership with Sainsbury’s with a new two year contract, which will allow customers to order grocery goods via the food delivery app. The trial was initially launched in 10 stores last November, however a further 22 stores in London will be added to the offering. In…
Read More »
