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.
-
Nov- 2023 -27 NovemberNews
Footfall jumps 7.9% during Black Friday
Black Friday footfall jumped by 7.9% against the week previous across all UK retail destinations, providing retailers with a much needed boost during the Golden Quarter, according to the latest figures from MRI Software. Much of the uplift was driven by Black Friday itself, with destinations benefiting from increased footfall…
Read More » -
24 NovemberFeatures
In conversation with Mikkel Grene, CEO of Søstrene Grene
Can you tell us about your career leading up to becoming CEO of the family business? My parents founded Søstrene Grene only one year after I was born, so Søstrene Grene has always been part of my life. In my younger years, I was not sure whether I wanted to…
Read More » -
24 NovemberFeatures
Better than forecasted: how is Black Friday 2023 doing?
According to last week’s release from MRI Software, Black Friday 2023 is going to be underwhelming for retailers compared to pre-pandemic levels. Does this still hold true? Can you expand further? At MRI Software what we predicted last week was that Black Friday would weaken compared with previous years and…
Read More » -
21 NovemberNews
Footfall improves ahead of Black Friday
Footfall edged up 0.4% in the week before Black Friday across all retail destinations, new data from MRI Software suggests. High streets recorded the strongest performance where footfall rose 1%. Shopping centres also witnessed a modest rise in footfall of 0.6%, however retail parks saw footfall decline by 1.3% from…
Read More » -
21 NovemberSupermarkets
M&S granted Judicial Review over Marble Arch redevelopment
M&S has received permission from the High Court to apply for Judicial Review for the redevelopment of the retailer’s Marble Arch store. The green light for Judicial Review comes after the Secretary of State for Levelling Up, Housing and Communities, Michael Gove, refused planning permission for the retailer’s Central London…
Read More » -
20 NovemberNews
Under Armour to debut location at The O2
Sports apparel brand Under Armour will be making its London outlet debut at the The O2 in early December. Under Armour will be opening a 3,949 sq ft unit on the lower level of outlet shopping at The O2, neighbouring anchor stores Nike and adidas. It will stock a selection…
Read More » -
20 NovemberDepartment Stores
Fortnum and Mason boss urges gov to scrap tourist tax
Fortnum and Mason boss Tom Athron has urged the government to scrap the tourist tax or risk businesses losing sales revenue to Paris, in an interview with This Is Money. Athron, chief executive of the luxury food store, stated that Paris was a “very attractive” destination for tourists due to…
Read More » -
17 NovemberNews
Luxury perfumier Creed opens flagship Covent Garden store
Shaftesbury Capital has announced that Creed, the luxury authentic perfume house, has opened its flagship store in Covent Garden, unveiling its new store design and third standalone boutique in the UK. Dedicated to the creation of artisan fragrances, heritage brand Creed has garnered a reputation as “one of the world’s…
Read More » -
17 NovemberNews
Halfords joins bid to rescue Wiggle
Halfords is reportedly among a group of retailers expressing interest in buying online sports retailer Wiggle, Sky News has reported. The retailer is said to have put up a bid to snap up Wiggle, joining Frasers Group, the owner of Sports Direct and Evans Cycles. Next is also believed to…
Read More » -
17 NovemberEntertainment
HMV to return to iconic Oxford St flagship
HMV is set to return to its iconic Oxford Street location this month, four years after it first shuttered the flagship site. The music retailer will return to 363 Oxford Street, home of the first HMV store which opened in 1921, on 24 November. According to HMV, the reopening of…
Read More »
