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.
-
May- 2019 -2 MayEconomy
Increase in redeveloped units set to ‘reimagine’ retail
The number of units that were structurally changed or redeveloped (demolished, merged, split or converted for another use such as residential or logistics) increased by 32% in 2018 as landlords and place managers work to “reimagine requirements” for bricks-and-mortar retailing. A new report released by retail location insight business, Local…
Read More » -
Apr- 2019 -30 AprilSupermarkets
Sainsbury’s launches UK’s first till-free grocery store
Sainsbury’s has launched the UK’s first till-free grocery store at Holborn Circus. The store has been refurbished to remove the checkout area and tills with customer feedback from the experiment helping Sainsbury’s further develop its SmartShop Scan, Pay and Go app before being rolled out more widely. All customers will…
Read More » -
29 AprilClothing & Shoes
Kurt Geiger owner mulls £450m sale to US fashion giants
The private equity firm which owns Kurt Geiger is reportedly mulling over a sale of footwear and accessories retailer to some of America’s fashion giants for around £450m. According to The Telegraph, Cinven has reportedly held “fireside chats” with potential buyers including Steve Madden, Michael Kors and Coach. If a…
Read More » -
29 AprilClothing & Shoes
Loewe opens flagship store in London
Spanish fashion retailer, Loewe, has announced it has opened a new flagship store on New Bond Street in London after a year-long refurbishment project at the premises. The new three-floor Casa Loewe store will replace the luxury retailer’s Mount Street premises as Loewe’s only London store. The retailer will showcase…
Read More » -
18 AprilShopping Centres
Kuwait-based investors acquire 50% stake of Intu Derby
Intu properties and Cale Street Investments LP, an investment firm backed by the Kuwait Investment Office, London, have announced the establishment of a 50/50 joint venture for the Intu Derby shopping centre. The real estate investment firm will acquire for cash the 50% interest for consideration which values their share…
Read More » -
17 AprilEconomy
Shopping centre landlords offer free space to retailers
Revo, the organisation that represents the retail community, has launched a new competition to give budding retail entrepreneurs free space in shopping centres and help with marketing. The organisation driving retail placemaking across Britain and Ireland has launched a major new campaign to find the next generation of retail talent…
Read More » -
4 AprilAnalysis
Securing the future of the UK high street
UK High Streets have reached a ‘tipping point’. That was the view of a recently published parliamentary inquiry report on UK high streets. The shift to online sales (now accounting for 20% of all retail sales); the upward revaluation of business rates, previous planning policies; and local authority financing constraints…
Read More » -
3 AprilSupermarkets
Aldi sees double digit sales growth in March
Budget supermarket Aldi saw sales increase by 10.6% for the 12 weeks to 24 March 2019, according to new figures from Kantar. The research, data and insight company said the results helped the grocer to achieve a new “record high” market share of 8%, and some 13 million households visited…
Read More » -
3 AprilDIY
Topps Tiles paves way to recovery after 2018 profit fall
Topps Tiles has announced it has seen its revenues remain flat for the six months leading up to 30 March 2019, as it looks to recover from a profit fall in 2018. When announcing its first half results in November 2018, the tile retailer said it was stockpiling supplies ahead…
Read More » -
1 AprilHigh Street
Cambridge named UK’s ‘leading retail location’ for second time
Cambridge has again been named as the UK’s leading retail location according to a list scoring Britain’s best and worst retail centres. The university city topped a list of 1,000 retail centres, compiled by strategic retail property consultancy, Harper Dennis Hobbs (HDH). The HDH 2019 Vitality Index determines the retail…
Read More »
