South West England
This coverage explores retail developments and market dynamics across South West England. Reporting highlights store openings, property transactions, high street and retail park trends, as well as the strategies of national chains and independent businesses in the region. Insights are designed for retail professionals evaluating opportunities, challenges, and consumer behaviour within this diverse and economically significant part of the UK.
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Jun- 2024 -17 JuneNews
Today’s news in brief-17/6/24
Superdry’s shareholders have approved a restructuring plan to rescue the company from financial difficulties. This plan, following the approval of creditors, includes a £10m equity raise and delisting from the stock market. Founder Julian Dunkerton will underwrite the equity raise, which the company believes will provide sufficient liquidity for its…
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17 JuneEconomy
Peak international spending returns to pre-pandemic levels, ONS finds
Spending by international visitors in August, the traditional UK high season, has largely recovered since the Covid-19 pandemic, according to the latest figures from the Office for National Statistics (ONS) and Visa. The ONS found that places in the UK with the highest concentration of seasonal spend by international tourists…
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May- 2021 -26 MaySupermarkets
The Spar Group sees H1 profits rise 28%
The Spar Group has revealed that its operating profit for the six months ended 31 March 2021 grew 28% to R1.7bn (£86.8m) from R1.3bn (£66.4m) the previous year, reflecting “exceptionally strong performances” in European countries. Turnover also increased by 7.5% to R64.2bn (£3.2bn) from R59.7bn (£3.05bn) despite sales slowing “significantly”…
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Feb- 2019 -22 FebruaryHigh Street
January posts lowest footfall decline in three years
January footfall declined 0.8% according to the latest data from Ipsos Retail Performance – the lowest decline in three years. Ipsos said the figures indicate that Britain’s shoppers “are getting on with the certainties of everyday living” despite the uncertainties of Brexit.Further figures showed that year-on-year deficits over three…
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Aug- 2018 -6 AugustHigh Street
Footfall drops in July as customers avoid high street in heatwave
The heatwave drew customers away from the high street in July, as footfall fell by 10.8% compared with the same month in 2017. According to the Ipsos Retail Traffic Index, footfall was down in all regions compared with July 2017 with Scotland and Northern Ireland seeing 6.5% less shoppers on…
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