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- 2018 -13 DecemberClothing & Shoes
Russell and Bromley sees 55% profit plunge
Footwear retailer Russell and Bromley has announced a 55% fall in profits in the year to 31 December 2017. The fall represents the company’s third consecutive year of falling profits after it also announced that turnover dipped by 6% to £100.6m across the same period. The retailer called the challenges…
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10 DecemberOnline & Digital
Amazon eyes London’s West End for cashierless store
Amazon is planning to open one of its cashierless Amazon Go stores near Oxford Circus in London’s West End, its first in the UK. According to The Sunday Telegraph the opening of a UK store, which will the company’s UK flagship, is being orchestrated by Amazon’s US arm and not…
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5 DecemberAnalysis
Why are retail spaces shrinking across England and Wales?
Across the UK, retailers are struggling to survive. This is down to several factors: years of austerity and low wage growth has meant that households have less spending power, the cost of imported goods has risen – as has the national minimum wage – and the trend of “bricks to…
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4 DecemberClothing & Shoes
ASOS appoints Mark Holland as chief operating officer
ASOS has announced the appointment of Mark Holland to the newly-created role of chief operating officer. A member of ASOS’ executive board, Holland has worked for ASOS for six years. His most recent position was supply chain director, where he oversaw ASOS’ global trading, customer care and supply chain functions.…
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4 DecemberShopping Centres
Most ‘disability friendly’ shopping centres in Northern Ireland named
New research has found the most “disability friendly” shopping centres in Northern Ireland, with Bloomfield in Bangor coming out on top. The research by lift provider, Olympic Lifts, has looked at the accessibility features of shopping centres across Northern Ireland, and has named 10 centres as the most disability friendly.…
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Nov- 2018 -28 NovemberAdvice
Time to end painful queue, returns and changing room dramas
Zara in the UK introduced self-service in some of its London flagship sites earlier in 2018, as the fashion retailer upgraded its showcase store to highlight its technological and customer service prowess. Its Westfield Stratford City store, in isolation, has been touted as a place where the digital meets the…
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28 NovemberClothing & Shoes
H&M to scrap Cheap Monday brand leaving 80 jobs affected
H&M has announced it is to close down its Cheap Monday brand blaming “a negative trend in the Cheap Monday’s sales and profits over a long time”. The fashion retailer said the fashion industry is “in a period of extensive change as a result of ongoing digitalisation” and as such…
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27 NovemberComment
Retail footfall: How to improve your store in 2019
Geaves Surfaces has looked into the UK retail industry to find the answers. Highlighting the market’s facts and figures, they’ve taken examples from leading stores around the world that are changing physical retail for the good, bringing customers back to their stores and offering something they cannot find online. What’s…
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23 November
Amazon responds amid Black Friday warehouse protests
Amazon has responded to claims made by workers’ union GMB calling working conditions “inhumane” as “simply wrong”, as employees from some of its UK warehouses mounted protests this Black Friday. Hundreds of Amazon warehouse workers have protested at the online retail giant’s warehouses in Rugeley, Swansea, Peterborough, Milton Keynes…
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22 NovemberDIY
Ikea’s ‘business transformation’ leaves 350 UK and Irish jobs at risk
DIY giant Ikea has announced that 350 jobs, out of the 12,100 UK and Ireland roles, may be made redundant during the next two years as part of its ‘business transformation’. Ikea’s owner, Ingka Group, said its transformation plan is “assessing all parts of the organisation” and is simplifying it…
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