Scotland
This coverage explores retail developments and economic conditions across Scotland, featuring reporting on store openings and closures, regional sales trends, employment challenges, and policy decisions affecting the sector. Insights are tailored for retail managers and executives seeking to understand the specific dynamics shaping retail operations in Scottish markets.
-
Oct- 2023 -2 OctoberGovernment
Retail bosses demand action over rising retail crime
Retail bosses from some 88 companies have signed a letter to the Home Secretary, Suella Braverman, demanding action over rising rates of retail crime. The retail industry has demanded that the government create a standalone offence of assaulting or abusing retail workers, with tougher sentences for offenders to act as…
Read More » -
Sep- 2023 -15 SeptemberLuxury Goods
Johnstons of Elgin profits fall 15% in FY22
Scottish luxury cashmere retailer, Johnstons of Elgin, has revealed that its profit before tax dropped by 15.3% to £3.3m in FY22, down from £3.9m in the prior year. This is despite reporting “record” sales, which grew 26% on the previous year from £66.4m to £83.5m. According to the retailer, its…
Read More » -
8 SeptemberNews
Sainsbury’s to use best-before dates on milk from next year
Sainsbury’s has announced it will be swapping use-by dates for best-before dates across its own-brand milk range, making it the biggest UK retailer to make this change. The move will affect 44 products in total, including all fresh and organic milk sold across England, Scotland, and Wales, and will apply…
Read More » -
6 SeptemberNews
Caledonia Park signs Hobbs and Phase Eight
Railpen has recently announced that Phase Eight and Hobbs have signed at Caledonia Park, Scotland’s premium designer outlet village. The two brands will be sharing a 3.035 sq ft unity with a dual fascia, which is set to open in Q4. The new store will mark Hobbs’ first Scottish outlet…
Read More » -
4 SeptemberSupermarkets
Tesco staff offered body cameras as physical assaults rise
Tesco’s chief executive, Ken Murphy, has confirmed that the supermarket chain has equipped its members of staff with body-worn cameras, after seeing physical assaults rise by a third in a year. Writing to the Mail on Sunday, Murphy said that as a result, he has called for a change in…
Read More » -
4 SeptemberNews
UK footfall falls by 1.6% in August
Total UK footfall decreased by 1.6% in August (YoY), down from a rise of +1.8% in July, the BRC has said. According to new data covering the four weeks from July 30 to August 26, high street footfall decreased by 0.9% in August (YoY), down from +1.6% in July. Shopping…
Read More » -
Aug- 2023 -22 AugustGovernment
Bottle recycling scheme to cost at least £1.8bn a year, warns BRC
The British Retail Consortium (BRC) has warned that government plans to introduce a bottle recycling scheme could cost the industry £1.8bn a year from 2025. The BRC also stated that this figure does not include the hundreds of millions that would be needed to set up a body to run…
Read More » -
15 AugustHigh Street
Summer holidays sees high street footfall up 4.8%
Footfall across all UK retail destinations increased by 0.7%, driven by high streets where footfall rose by +4.8% from the week before, according to the latest data from MRI Springboard. The rise has been credited to the school summer holidays with coastal towns also seeing a 2.3% increase. In contrast,…
Read More » -
Jul- 2023 -28 JulyHigh Street
UK loses 6,000 storefronts in five years
The UK high street has lost over 6,000 storefronts in the past five years as the vacancy rate increased to 13.9% in Q2 2023, according to the latest figures from the BRC-LDC Vacancy Monitor. The Q2 performance was 0.1 percentage points worse than Q1, however it is 0.1 percentage point…
Read More » -
11 JulyNews
Waitrose announces partnership with UberEats
Waitrose has announced plans to grow its position in on-demand grocery shopping and the convenience sector with a new multi-year partnership with UberEats. The partnership has now launched on the UberEats platform in five initial London stores, including John Barnes in Finchley Road, West Hampstead, Clerkenwell, St Katharine Docks and…
Read More »
