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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May- 2019 -17 MaySupermarkets
Waitrose & Partners plans to โtrebleโ size of online operations
Waitrose and Partners has announced plans to treble the size of its online grocery operation to a ยฃ1bn business over the next three years, working in partnership with Today Development Partners (TDP) . According to the grocer, the move with TDP, which is headed by Jonathan Faiman and Mo Gawdat,…
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16 MayAnalysis
The state of the UK high street in 2019
We may only be in the first half of the 2019 but there has already been a continuation of 2018โs disastrous year for the UK high street. In recent weeks weโve seen Debenhams slide into administration with other household names like fashion retailer Select and off-license group Oddbins both close…
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13 MayEconomy
Shop vacancy rate rises to highest level in four years
The national town centre vacancy rate rose to 10.2% empty outlets, according to data from the BRC-Springboard Footfall and Vacancies Monitor. This is an increase on the previous quarterโs 9.9% rise and the highest vacancy rate seen since April 2015. In the four weeks from 31 March to 27 April,…
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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 โreimagine requirementsโ for bricks-and-mortar retailing. A new report released by retail location insight business, Local…
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Apr- 2019 -30 AprilSupermarkets
Sainsburyโs launches UKโs first till-free grocery store
Sainsburyโs has launched the UKโs 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 Sainsburyโs further develop its SmartShop Scan, Pay and Go app before being rolled out more widely. All customers will…
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29 AprilClothing & Shoes
Kurt Geiger owner mulls ยฃ450m 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 Americaโs fashion giants for around ยฃ450m. According to The Telegraph, Cinven has reportedly held โfireside chatsโ with potential buyers including Steve Madden, Michael Kors and Coach. If a…
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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 retailerโs Mount Street premises as Loeweโs only London store. The retailer will showcase…
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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…
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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…
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4 AprilAnalysis
Securing the future of the UK high street
UK High Streets have reached a โtipping pointโ. 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…
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