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 worldโs most dynamic retail markets.
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Sep- 2020 -22 SeptemberHigh Street
Footfall rises despite โrule of sixโ
Footfall across all retail destinations in the UK rose by 2.4% over the last week, despite the governmentโs new โrule of sixโ social distancing measure, according to data from analytics company Springboard. High street retailers saw a footfall increase of 5.2%, while shopping centres and retail parks saw a decrease…
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21 SeptemberComment
The window of opportunity for pop-ups
The Coronavirus pandemic and subsequent events of this year have exacerbated the ongoing decline of the British high street, with footfall falling by 81% in April and 48% in July, according to the British Retail Consortium. From John Lewis to Carphone Warehouse to House of Fraser, it seems that no…
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18 SeptemberCoronavirus
Mayor of London urges government to extend business rates holiday
The mayor of London, Sadiq Khan, and London Councils have joined together to urge the Government to extend the business rates holiday and help protect thousands of jobs in London and across the country. Businesses in the retail, hospitality, leisure and childcare sectors are currently benefiting from 100% relief from…
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14 SeptemberSupermarkets
Aldi to trial click and collect
Major supermarket chain Aldi has announced it will begin its first UK trial for a click-and-collect service from today (14 September). The supermarket is currently running a trial of the service for Aldi colleagues from a store in the Midlands and plans to extend that to customers in the coming…
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9 SeptemberNews
Iceland creates 3,000 jobs to meet online demand
Iceland has created 3,000 new jobs to cope with the extra demand for online shopping deliveries since the beginning of lockdown, according to the company. The supermarket chain has increased the number of delivery drivers and in-store staff for picking online orders in recent months. Online delivery orders have soared…
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3 SeptemberEconomy
UK small business sector โplaguedโ by late payment issues
UK freelancers and small business owners continue to be plagued by the problem of late payment, according to new research by cloud accounting software company Freeagent. Analysis of over two million invoices sent by FreeAgent customers between January 2019 and June 2020 has revealed the โstartling impactโ of late payment…
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3 SeptemberOnline & Digital
Amazon creates 10,000 permanent UK jobs
Amazon has announced that 10,000 new permanent roles are being created across the UK, bringing its total full-time UK workforce to more than 40,000. The company has already added 3,000 permanent jobs across its fulfillment centres, sort centres and delivery stations. A further 7,000 new roles will be added by…
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3 SeptemberHigh Street
Retail vacancy rate reaches six-year high
Retail shop vacancies have reached a six-year high due to the impact of the coronavirus pandemic, according to new research from Springboard. The research found the UK vacancy rate rose to 10.8% in July up from 9.8% in January, which means it is now at the highest level since January…
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Aug- 2020 -27 AugustOnline & Digital
The Hut Group unveils ยฃ4.5bn IPO plan
Online retailer The Hut Group (THG) has confirmed its intention to launch a stock market flotation that values the company at around ยฃ4.5bn.ย The group plans to raise ยฃ920m through the sale which, according to Sky News, could lead to its founder Matthew Moulding receiving up to ยฃ700.ย It cites…
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26 AugustOnline & Digital
Online returns hotspots revealed by Royal Mail
Royal Mail has revealed the areas in the UK where customers have returned the most amount of items from online orders from purchases made during lockdown.ย ย The group saw a 25% increase in returns traffic against last year, as consumers โreflected on some of their hastier purchasesโ. St Albans was…
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