Westfield
This coverage examines Westfield’s role in the UK retail landscape, with reporting on shopping centre operations, tenant strategies, leasing activity, marketing initiatives, and consumer engagement. Insight focuses on how Westfield’s developments influence footfall, brand presence, and retail performance — serving the needs of executives, managers, and professionals overseeing operations and partnerships within major retail destinations.
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Jan- 2019 -24 JanuaryComment
Three common factors among retail survivors
It is hard to remember a time when analysts were not being harbingers of doom for the British high street. 2018 saw Toys R Us and Maplin disappear while House of Fraser, Claire’s and Superdry are three of many retailers who have announced profit warnings or store closure. Why are…
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8 JanuaryOnline & Digital
Missguided posts £46.7m loss
Online fashion retailer Missguided has posted a £46.7m loss in its financial results for the 53 weeks ending 1 April 2018 in what it described as an “extremely challenging” year. This is compared with a loss of £1.6m in the 2017. The company said its profitability was “severely impacted” by…
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Dec- 2018 -14 DecemberAdvice
How can e-tailers transform the high-street?
While 14 shops close every day in the UK, a number of e-tailers are moving into the physical retail space trying their hand at bringing the online experience offline via immersive and experiential activations. This is hardly surprising, given shoppers continue to crave real-life, tangible experiences. But what does this…
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13 DecemberClothing & Shoes
Russell and Bromley sees 55% profit plunge
Footwear retailer Russell and Bromley has announced a 55% fall in profits in the year to 31 December 2017. The fall represents the company’s third consecutive year of falling profits after it also announced that turnover dipped by 6% to £100.6m across the same period. The retailer called the challenges…
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5 DecemberAnalysis
Why are retail spaces shrinking across England and Wales?
Across the UK, retailers are struggling to survive. This is down to several factors: years of austerity and low wage growth has meant that households have less spending power, the cost of imported goods has risen – as has the national minimum wage – and the trend of “bricks to…
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Nov- 2018 -28 NovemberAdvice
Time to end painful queue, returns and changing room dramas
Zara in the UK introduced self-service in some of its London flagship sites earlier in 2018, as the fashion retailer upgraded its showcase store to highlight its technological and customer service prowess. Its Westfield Stratford City store, in isolation, has been touted as a place where the digital meets the…
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19 NovemberHigh Street
London’s West End remains ‘best-performing’ European shopping destination
London’s West End has retained its position as the best-performing retail centre in Europe, according to figures from independent retail real estate agency, Harper Dennis Hobbs (HDH). With a market share worth almost €10.4bn, (£9.2bn) HDH said the West End is “continuing to thrive”, even with competition from new retail…
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Oct- 2018 -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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2 OctoberHigh Street
M&S launches checkout free ‘Mobile, Pay, Go’ service
Marks and Spencer has launched a new “checkout free” service called ‘Mobile, Pay, Go’ at six London stores ahead of Christmas, allowing customers to pick up lunch in “under 40 seconds”. The retailer will roll out the service, previously trialled in its Edgware Road and Waterside stores to West Hampstead,…
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Sep- 2018 -21 SeptemberClothing & Shoes
Moss Bros’ revenue drops as hot weather and World Cup ‘distraction’ affects sales
Menswear retailer Moss Bros has reported a drop in revenue and sales in its half year financial results, covering the period from 28 January 2018 to 28 July 2018. The retailer’s total group revenue, excluding VAT, was down by 3.3% and fell to to £64.5m compared with the previous year.…
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