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.
-
Dec- 2019 -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…
Read More » -
Nov- 2019 -22 NovemberClothing & Shoes
Skopes receives ยฃ6m investment to fund 15-store expansion drive
Leeds-based menswear retailer, Skopes, is set to โsignificantly expandโ its national high street presence with 15 new stores, after securing a ยฃ6m 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…
Read More » -
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 โdefy the high street slow downโ after opening four showrooms within 18 months. The showroom will be be situated at Islington Square at the…
Read More » -
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 ยฃ169m to ยฃ158m in the six months to the end of September. British Landโs portfolio fell by 4.3%, as revenue also dropped by 34% to ยฃ328m. The value of the…
Read More » -
13 NovemberHigh Street
ยฃ2.9bn investment set to โtransformโ Londonโs 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 ยฃ2.9bn will be invested within a one mile radius of Oxford Street by 2022. According to the group, this is set to be a โsignificant…
Read More » -
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.ย According to the Sunday Times, Lidlโs UK chief executive Christian Hartnagel said he plans to take the companyโs store state to 1000 by 2023. This would see…
Read More » -
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%.ย Reduced footfall was felt in all sectors of retail, across…
Read More » -
5 NovemberHigh Street
Footfall tumbles further in October
New figures from the Retail Traffic Index show a continued slide in footfall over the month of October. The figures, published today by Ipsos Retail Performance, revealed a year-on-year fall of -6.2% in non-food store visits across the month.ย Footfall did, however, show improvement against the previous two months, which…
Read More » -
Oct- 2019 -30 OctoberComment
What retailers can learn from the success of Downton Abbey
The film adaptation of the award-winning period drama, Downton Abbey, made its highly anticipated debut in cinemas recently. The film, which follows the lives of Downton Abbeyโs well-loved residents – the Crawley family and its household staff โ has currently amassed ยฃ27.3m, topping the cinema box office at home in…
Read More » -
30 OctoberClothing & Shoes
Sports Direct: CMA published ‘inaccurate’ market data in Footasylum probe
Sports Direct has claimed the Competition and Markets Authority (CMA) has published โinaccurate estimatesโ of its market share data during its investigation into of competitors JD Sportsโ ยฃ90m takeover of Footasylum. In a statement published on the London Stock Exchange, Sports Direct said it had noted that during the CMAโs…
Read More »
