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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Oct- 2021 -26 OctoberHigh Street
Footfall declines in lead up to half-term
Footfall across retail destinations declined by -1.5% across the UK in the last week, according to retail intelligence experts Springboard. This drop was driven by a -3.6% decline in footfall in high streets, whilst footfall rose marginally in both retail parks by +0.9% and shopping centres by +0.4%. Whilst footfall…
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25 OctoberSupermarkets
Co-op embarks on £1.5m store makeover amid new Boyes concession
Co-op is undertaking a more than £1.5m programme of improvements to transform the 17,000 sq ft store in Mablethorpe, including the creation of a Boyes home and family department store concession. Co-op’s Seacroft Road store will remain open during the 12 week programme of works which are set to conclude…
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22 OctoberEconomy
September retail sales fall 0.2%, ONS reveals
September retail sales volumes fell by 0.2% and by 2.6% when compared with the same period in 2020, according to the latest Office of National Statistics (ONS) results. Non-food stores reported a fall of 1.4% in sales volumes in September 2021, which was mainly due to a 9.3% decrease in…
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21 OctoberAdvice
Last chance saloon
Is the writing on the wall for eCommerce? Customers have relied on online retail for 18 months, with repeated lockdowns contributing to an extraordinary spike in growth – online now contributes 36% of retail revenue compared to just 16% pre-pandemic. Yet, while some of this new buying behaviour is likely…
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20 OctoberEconomy
UK Inflation falls to 3.1% despite rising fuel costs
UK inflation fell slightly in September to 3.1% despite rising fuel costs, according to the latest figures from the Office of National Statistics (ONS). The figure is down from 3.2% in August but still remains much higher than the Bank of England’s target of 2%. The largest upward contribution to…
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Sep- 2021 -21 SeptemberHigh Street
Four in five shops to shut without business rates reform, says BRC
Some 83% of retailers would reportedly be forced to close shops without the introduction of a business rates reform as a part of the Government’s upcoming review. According to research conducted by the British Retail Consortium (BRC), 85% of those retailers surveyed recognised business rates as either an “extremely” or…
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17 SeptemberHigh Street
Retail sales fall 0.9% in August, ONS reveals
Retail sales volumes fell by 0.9% in August 2021, marking the second consecutive month-on-month decline, according to the latest Office of National Statistics (ONS) data. Despite the drop in sales, the results still remained 4.6% higher than their pre-pandemic February 2020 levels. Online sales rose to 27.7% in August from…
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15 SeptemberEconomy
Inflation sees biggest jump on record in August
UK inflation saw its largest jump since records began in August, as the rate spiked to 3.2% in a 12 month period, up from 2% year-on-year in July. Despite the rate soaring past the Government’s 2% inflation target, the Office for National Statistics’ (ONS) claimed that this “is likely to…
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14 SeptemberHigh Street
Footfall declines 4.2% despite signs of office return
Footfall in UK retail destinations declined by -4.2% last week from the week before, despite Central London starting to show signs of an office return for workers, according to the latest data from Springboard. The greatest declines occurred in shopping centres and retail parks, down -7.7% and -4.7% respectively, but…
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10 SeptemberHigh Street
UK economic growth slows, ONS reveals
UK economic growth slowed down in July, growing by 0.1% compared with 1% in June 2021, according to the latest data by the Office of National Statistics (ONS). With the spread of the Delta variant and the “pingdemic” taking its hold in July, gross domestic product (GDP) still remains 2.1%…
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