Watford
This coverage examines retail activity, store developments, and market trends in Watford, providing insight into the town’s role as a regional retail destination. Reporting highlights new openings, property investments, consumer behaviour, and economic factors shaping retail performance in the area. Retail executives, managers, and stakeholders can use this content to inform decisions on operations, expansion, and strategy in Watford.
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Dec- 2019 -20 DecemberShopping Centres
Westfield named best shopping centre in the UK
Westfield London and Westfield Stratford has been named the best shopping centres in the UK, for the second year running. According to GlobalData’s Top 50 Shopping Centres Report for 2019, Bluewater in Greenhithe, Kent was ranked in third place, followed by Intu Trafford Centre in Manchester. Intu Lakeside, Sheffield’s Meadowhall…
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Nov- 2019 -11 NovemberSupermarkets
Lidl eyes 230 new stores by 2023
German discount supermarket chain Lidl is set to increase its rate of expansion by opening 230 new stores in the next three years. According to the Sunday Times, Lidl’s UK chief executive Christian Hartnagel said he plans to take the company’s store state to 1000 by 2023. This would see…
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Jun- 2019 -13 JuneSupermarkets
Lidl to open first central London store amid £500m expansion
Lidl has announced a £500m expansion plan for London, which will see the grocer open its first store in the West End. The investment is planned for the next five years, and will enable Lidl to open over 40 new outlets in London, including in Alperton, East Acton, Hackbridge and…
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May- 2019 -24 MayHigh Street
Mothercare swings to £87.3m loss in 2018
Mothercare has reported losses before tax of £87.3m for the year ending 30 March 2019. UK like-for-like sales declined by 8.9% compared with the prior year, which the retailer said was “exacerbated” in the first half by reduced consumer confidence in the brand following the group’s refinancing, together with “wider…
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Feb- 2019 -6 FebruaryHigh Street
Brighthouse to close 30 stores
Rent-to-own retailer BrightHouse has announced it is to close 30 stores putting up to 350 jobs at risk. The news of the company plans to close 10% of its portfolio over the next two months comes after it reported a pre-tax loss of £22.1m from £19.9m in the same period…
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Oct- 2018 -25 OctoberDepartment Stores
Debenhams to close 50 stores amid record £491m loss
Debenhams has announced it will close 50 stores after reporting a record annual loss of £491.5m in the year to 1 September. The embattled department store said it will close almost a third of its 165 stores in the next three to five years leading to the loss of around…
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19 OctoberShopping Centres
Westfield London named UK’s top shopping centre
Westfield London has been named the UK’s best performing shopping centre according to new research. The research by GlobalData also placed Westfield’s Stratford City in second and Bluewater in third. The shopping centres were ranked on performance (footfall, sales, turnover, dwell time), potential (shopper spending and five year forecasts), provision…
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9 OctoberClothing & Shoes
G-Star Raw to open new UK stores following Portas appointment
Dutch fashion brand, G-Star Raw, is to open four new UK stores in London, Manchester, Watford and Lakeside following the appointment of Portas as its lead strategic agency. The group recently opened a 2,500 sq ft store in Sheffield’s Meadowhall, which became the brand’s first store under its new retail…
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Jul- 2018 -26 JulyShopping Centres
Intu issues rental growth warning, CEO to leave
Intu Properties has warned of lower rental income growth for the full year and also announced that CEO David Fischel is to step down. In its half-year results for the period ending 30 June Intu reported like-for-like net rental income rose by 1.3% at the lower end of its previous…
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Jun- 2018 -19 JuneComment
‘What’s In Store For You’ – Can PPC drive store sales?
Pay-per-click (PPC) advertising has traditionally been seen as a tool to drive online sales. However, with developments in technology – and the way in which we can track the customer journey – PPC is also becoming an important tool for driving in-store sales. With growing numbers of high street stores…
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