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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Feb- 2025 -28 FebruarySupermarkets
Whole Foods to open first new UK site since 2014
Whole Foods Market has announced it is set to open its first new UK site since 2014 on London’s King’s Roads. Whole Foods Market has more than 535 stores in the US, UK and Canada, with nearly 90 stores in the pipeline. In 2024, the grocer announced and opened a…
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28 FebruaryGovernment
London Mayor launches proposal to pedestrianise Oxford Street
The Mayor of London Sadiq Khan has today (28 February) launched a public consultation on proposals to pedestrianise Oxford Street. Oxford Street is an area of critical national economic importance, with an estimated annual contribution to London’s economy of £25bn in 2022. But the area has suffered in recent years…
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26 FebruaryProperty
Hammerson rental income falls as it slashes net debt
Hammerson has seen its gross rental income fall from £208m to £189m for the year ended 31 December 2024. As a result, the company posted a loss of £526m, up from a £51m loss in the previous year, with the company putting £497m of this loss down to impairment in…
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24 FebruaryNews-In-Brief
Today’s news in brief-24/2/25
Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a challenging final quarter and intensified competition from rival Temu. Shein’s declining profitability complicates its efforts to secure regulatory approval for a London listing, with some investors urging a valuation reduction…
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24 FebruaryOnline & Digital
Shein profits falter ahead of planned London IPO
Shein’s profits reportedly dropped by 40% to $1bn (£791m) in 2024 as the online retailer suffered a difficult final quarter and battled competition from rival Temu, According to the Financial Times According to two people who spoke to the paper, sales for the full year increased by 19% to $38bn…
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24 FebruaryHigh Street
DFS appoints former Holland and Barrett CEO as NED
DFS Furniture has announced the appointment of former Holland and Barrett CEO Tony Buffin as an independent non-executive director. Buffin was the leader of the health and wellness retailer between 2019 and 2021 and will join the DFS board with immediate effect. He is also the chair of Nobia AB,…
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21 FebruarySupermarkets
Aldi to invest £67m in existing stores in 2025
Aldi has announced it is set to invest £67m in upgrading its existing stores in 2025. The UK’s fourth largest supermarket has spent almost £600m on store upgrades since 2017, and with the first phase of these updates nearly complete, Aldi is moving on to the next stage of its…
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19 FebruaryNews-In-Brief
Today’s news in brief-19/2/25
Inflation in the UK reached its highest level in 10 months, hitting 3% in January 2025, up from 2.5% in December 2024, according to the Office for National Statistics (ONS). Key drivers included rising air fares, private school fees, and food and drink prices. Air fares did not fall as…
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19 FebruaryClothing & Shoes
Club L London turnover doubles to £44m in 2024
Fashion retailer Club L London is targeting international expansion after turnover doubled to £44.4m during the year ended 31 March 2024. According to newly-filed accounts at Companies House, the company achieved a £29.5m turnover in 2023. The Manchester-headquartered retailer said that the increase in turnover happened despite a backdrop in…
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18 FebruaryClothing & Shoes
AllSaints opens new store in Birmingham’s Bullring
AllSaints has announced the opening of its first store of 2025 in Birmingham’s Bullring, a shopping and dining destination located in the heart of the city. The new store spans 3,207 sq ft, spread across two floors, and is located on the upper level of the Bullring, in a site…
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