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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Jan- 2020 -20 JanuaryHigh Street
Gordon Brown to receive nearly ยฃ1m following Links of London collapse
Restructuring firm Gordon Brown is set to receive a near ยฃ1m payout after it helped to close down British jewellery brand Links of London. According to a report by the Telegraph on Sunday, the firm assisted by selling โleftoverโ earrings, bracelets and necklaces. It also helped to shut the retailers…
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17 JanuaryHigh Street
Paphitis delivers โresilientโ full year and Christmas performance
The Paphitis retail group has reported a โresilientโ performance amid โchallengingโ conditions in both its full year and Christmas results.ย Total revenue for Ryman increased by 1.4% to ยฃ129.9m in the full financial year, while EBITDA increased 6.5% to ยฃ8.2m. This reflected โnew categories, development of related services and customer…
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9 JanuaryAnalysis
Who would have thought skinny jeans could be anyoneโs undoing?
Itโs not often that the business pages give you a good belly laugh. But today we have the spectacle of Marks & Spencer blaming its poor Christmas trading results partly on an oversupply of skinny jeans for men. Apparently customer surveys revealed that the high street bellwetherโs ranges were โtoo…
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6 JanuaryDepartment Stores
Debenhams announces 19 store closures
Debenhams has announced the closure of 19 of its UK stores, resulting in 660 job losses.ย ย The department store, which entered administration in April last year, launched its CVA in the same month. The closures are due to take place during the next fortnight, with stores closing from 11 January,…
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3 JanuaryClothing & Shoes
Arcadia Group confirms Westfield Stratford Topshop closure
Arcadia group has confirmed its Topshop and Topman sites at London Westfield Stratford City will close, Drapers reports. The two-storey shop, which opened in September 201,ย is closing as its lease comes to an end. The closure is not part of the companies seven CVAs which were passed in June.…
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2 JanuaryHigh Street
Boxing Day footfall falls to lowest level since 2010
Retail footfall decreased by 10.6% on Boxing Day in 2019, and marks the largest decrease in footfall since 2010. The research from Springboard found the decline to be larger than the last two years combined for the period. In 2018 footfall was 4.2% lower than in 2017 and in 2017…
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2 JanuaryNews
Co-Operative Food expands through online delivery service
The Co-Operative Group has revealed plans for a โmajorโ online expansion. The company announced its plans to offer same-day delivery service across more than 100 UK cities, expanding its same-day online city-centre deliveries to 650 participating stores. The rollout will also include services from the groupโs online shop, which uses…
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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.ย According to GlobalDataโs 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, Sheffieldโs 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 UKโs top job sites indeed.co.uk shows no less than 5,000 โChristmasโ 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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