Office
This coverage examines Office’s strategy, operations, and role within the UK footwear retail sector. Reporting highlights store performance, online initiatives, product trends, marketing campaigns, financial results, and leadership decisions. Focused on commercial outcomes and brand positioning, it offers insights for retail professionals managing footwear, fashion, and multi-channel retail businesses.
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Jun- 2022 -5 JuneFeatures
Less hands make light work: easing impact financial stress on UK retailers
Almost every person in the UK has been affected by the various economic issues currently plaguing post-pandemic pockets. While discretionary spending is reigned in for the majority, many are forced to re-evaluate even essential purchases. When consumers face financial pressures, the effects soon filter through to afflict retailers. At the…
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1 JuneEconomy
Almost half of businesses hit with price increases
Approximately half (48%) of businesses currently trading have reported that the prices of materials, goods, or services bought in April 2022 had increased from March 2022, while 23% reported that prices sold had increased across the same period. According to the Office for National Statistics (ONS), the wholesale and retail…
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May- 2022 -31 MayHigh Street
UK footfall forecast to rise by 8% over Jubilee weekend
Following a modest rise in footfall last week, retail experts expect the Platinum Jubilee and school half term holiday to cause footfall in retail destinations to surge by as much as +8% over the bank holiday weekend. According to Springboard, it anticipates an uplift of as much as +10% in…
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18 MayEconomy
Inflation hits 40-year high
UK inflation has hit its highest level in 40 years during the month of April, driven by the rising cost of energy bills. The figure, according to the latest figures from the Office of National Statistics (ONS), was up from 7% in March. The ONS said that around 75% of…
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16 MayHigh Street
Post-Covid UK Footfall recovery worsens
Footfall in UK retail destinations declined by -0.7% last week from the week before, a consequence of drops in footfall in both retail parks (-1.8%) and shopping centres (-2.3%) whilst in high streets footfall rose modestly by +0.7%. This meant that the gap from the 2019 footfall level widened to…
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13 MayPeople Moves
JD Sports appoints new non-executive director
JD Sports Fashion Plc has announced the appointment of Suzi Williams as a non-executive director, effective 16 May 2022. Williams has spent 30 years running global consumer brands and businesses for blue chip companies, including Procter andGamble, Orange and the BBC. As chief marketing officer at BT Group Plc, she…
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3 MayFeatures
Missguided: what went wrong?
As the face of online shopping for young women around the world, Missguided has faced its fair share of troubles despite its ever-present popularity within the fast fashion industry. Now the company is eyeing potential buyers, it puts into question the future of the business. Since its launch in March…
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Apr- 2022 -26 AprilPeople Moves
Wilko welcomes new retail director
Wilko has announced the appointment of Amanda Jones as its new retail director, with Jones set to assume the role this coming July. She joins the group’s leadership team from Post Office Ltd, where she is currently Retail and Franchise Network director. According to the group, she will bring “strong”…
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22 AprilEconomy
Retail sales tumble amid cost of living crisis
Retail sales fell by 1.4% last month as consumers reduced their spending amid the cost of living crisis. This marked a much steeper decline than the fall of 0.5% reported in February 2022, revised from a previous fall of 0.3%. According to the Office for National Statistics (ONS), the biggest…
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13 AprilEconomy
UK inflation hits 7% amid rising fuel costs
The annual rate of inflation has hit a new 30-year record with a rise of 7% in the 12 months to March 2022, up from 6.2% in February, with rising prices for motor fuels resulting in the largest upward contribution to the monthly rate. According to the Office for National…
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