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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Dec- 2019 -20 DecemberShopping Centres
Westfield named best shopping centre in the UK
Westfield London and Westfield Stratford has been named the best shopping centres in the UK, for the second year running. According to GlobalData’s Top 50 Shopping Centres Report for 2019, Bluewater in Greenhithe, Kent was ranked in third place, followed by Intu Trafford Centre in Manchester. Intu Lakeside, Sheffield’s Meadowhall…
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11 DecemberAdvice
Preventing seasonal staff from becoming the Nightmare Before Christmas
As we approach the busiest shopping months of the year, many retailers will look to hire additional staff on short-term contracts to allow for the anticipated customer demand. In fact, a cursory search on one of the UK’s top job sites indeed.co.uk shows no less than 5,000 “Christmas” jobs advertised…
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10 DecemberBusiness Bites
Want to know who will win the election? Watch the pound
In recent years there has been a lot of talk about how badly wrong pollsters can get it. Nobody thought Trump would win, nobody thought Leave would win the referendum, indeed even elections have been too close to call. Though it now feels like a different historical epoch to look…
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6 DecemberHigh Street
Sports Direct seeking Lillywhites London lease sale
Sports Direct has reportedly put the lease for its Lillywhites store in Piccadilly Circus up for sale. According to The Guardian, the 97-year lease for the 67,000 sq ft building has been put on the market, as landlord Criterion Capital, conducts rent review talks. Lillywhites has been trading at the…
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Nov- 2019 -22 NovemberClothing & Shoes
Skopes receives £6m investment to fund 15-store expansion drive
Leeds-based menswear retailer, Skopes, is set to “significantly expand” its national high street presence with 15 new stores, after securing a £6m funding package. The brand, which celebrated its 70th anniversary last year, plans to open the 15 stores across the UK over the next two to three years. The…
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20 NovemberHigh Street
Arlo & Jacob to open fifth UK store with new London flagship
Arlo and Jacob has revealed plans to open its fifth flagship showroom in Islington, London, set to launch in January 2020. The furniture brand claims to “defy the high street slow down” after opening four showrooms within 18 months. The showroom will be be situated at Islington Square at the…
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13 NovemberEconomy
British Land profits slip in half-year results
British Land has reported a decrease in pre-tax profits for its first half, as its underlying pre-tax profits dropped from £169m to £158m in the six months to the end of September. British Land’s portfolio fell by 4.3%, as revenue also dropped by 34% to £328m. The value of the…
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13 NovemberHigh Street
£2.9bn investment set to ‘transform’ London’s Oxford Street
The New West End Company, the representative of Oxford, Bond and Regent Street businesses, has announced the 1,000 day countdown to when a total of £2.9bn will be invested within a one mile radius of Oxford Street by 2022. According to the group, this is set to be a “significant…
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11 NovemberSupermarkets
Lidl eyes 230 new stores by 2023
German discount supermarket chain Lidl is set to increase its rate of expansion by opening 230 new stores in the next three years. According to the Sunday Times, Lidl’s UK chief executive Christian Hartnagel said he plans to take the company’s store state to 1000 by 2023. This would see…
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11 NovemberHigh Street
Brexit woes and wet weather dampen October footfall
Retail footfall faced further decline in the month of October, according to new figures from the BRC-Springboard Footfall and Vacancies Monitor. Footfall in non-food stores fell -6.2% from October of the previous year, whilst shopper numbers fell significantly by -3.2%. Reduced footfall was felt in all sectors of retail, across…
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