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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Mar- 2021 -24 MarchOnline & Digital
Amazon to reduce Deliveroo stake at IPO
Amazon’s stake in Deliveroo will fall to 11.5% following the group’s IPO, according to the IPO prospectus. The fall represents a 4.3% decline from Amazon’s current 15.8% stake, as roughly 23.3 million shares are to be sold, raising between £90.87m and £107.18m. This exit opportunity, alongside a dilution in its…
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23 MarchOnline & Digital
Faire launches UK operations
Faire, an online wholesale marketplace, has announced its launch in the UK and Netherlands. Founded in 2017, the provider of tools and technology to small businesses has since grown 200% year-on-year. Faire is now valued at $2.5bn (£1.9bn) and serves over 170,000 independent retailers across the USA, with its brand…
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23 MarchHigh Street
High street footfall rises 4% ahead of lockdown anniversary
Footfall across UK retail destinations rose by +0.5% last week ahead of the one-year anniversary of the first national lockdown , wholly driven by a +4% increase in high streets according to the latest data from retail experts Springboard. During the week, footfall in both retail parks and shopping centres…
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22 MarchAnalysis
Amazon Fresh and the rise of automation in retail
Years ago when someone walked into a shop and emerged without paying, it usually resulted in an arrest and a possible visit to the local magistrate’s court. However, in the digitally-driven 21st Century, this practice has started to be actively encouraged as a means to ease the shopping experience for…
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19 MarchAnalysis
Lidl & Aldi – Location, Location, Location
The demise of the high street and the evolution that part of retail is currently experiencing is extremely well documented. But one area that is not so well covered is the rise of Lidl & Aldi and their move towards dominance in the extremely valuable food retail market. This is…
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18 MarchNews
Ocado revenue soars amid ‘dramatic’ shift to online
Ocado has announced that retail revenue soared by 40% in its first quarter ended 28 February 2021, amid a “dramatic and permanent” shift towards online shopping in light of the pandemic. Average orders per week were up by 2.5% against the first quarter of 2020, while the average order size…
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17 MarchAnalysis
Happy Shopping: Bringing a little emotion to ecommerce
Happy shoppers loyally return, they generate more value, they advocate and create more business. It’s the ultimate goal for every direct-to-consumer business. But happiness is a fickle thing, how can a business make every customer happy? Especially in a digital commerce experience that has to deliver at scale? A helpful…
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17 MarchSupermarkets
Jiffy secures £2.6m funding to aid UK launch
Jiffy, a new online supermarket, has raised £2.6m in an initial seed-funding round to support its UK launch. The investment round was led by venture capital fund LVL1 Group, and joined by AddVenture, TA Ventures, Vladimir Kholiaznikov, as well as a number of angel investors. With a leadership team comprising…
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17 MarchClothing & Shoes
Laura Ashley to debut Next collection
Laura Ashley has announced it will launch its spring 2021 collection with Next online and in 48 stores. The group previously launched a partnership with Next after it was rescued by the Gordon Brothers from administration. The collection will feature Laura Ashley’s homeware, alongside an array of new designs with…
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16 MarchHigh Street
Footfall rises for seventh consecutive week
Footfall across UK retail destinations rose for the seventh time in eight consecutive weeks last week, up 7% according to the latest Springboard data. Footfall rose on five of the seven days last week, increasing by 10% on each day between Thursday and Saturday with a peak of 14.1% on…
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