Footfall across UK destinations rose by a meagre 0.9% week-on-week in the last seven days (11-17 July). But expect footfall to jump almost 20% this 'Freedom Week' across the country, predicts Springboard.
Two pieces of good news for Monday. Consumers are now the most eager they’ve been to spend in 13 years, and consumer confidence is at its strongest since the end of 2019. That’s according to PwC and Deloitte surveys.
Following earlier news that Amanda Holden and Davina McCall had become ambassadors for N Brown’s JD Williams brand, the company has now unveiled its relaunch campaign starring the pair.
One of the key malls in the former Intu portfolio -- Birmingham’s Merry Hill — is to see big investment from new operator Ellandi to make it a more compelling destination and one that's future-proofed.
As so-called Freedom Day arrives in England, and Covid restriction are eased in other UK nations, retailers are facing major problems in trying to get back to normal.
Etro is looking to future-proof its business and has revealed a “strategic partnership” with L Catterton Europe that it said will be the “start of a new phase of growth”
UK online retail group Very could be in line for a stock market listing. Its private owners in the Barclay family are reportedly considering a possible flotation or sale of the business early in 2022.
The UK government has launched a new long-term strategy to “evolve and regenerate” England’s battered high streets. It wants to turn them into “thriving places to work, visit and live… breathing life into town centres”.
Independent retail businesses could see closures accelerating post-pandemic with debt at such firms having risen five-fold compared to the pre-Covid period, a report has claimed.
Yet more positive news on commercial landlord rent collection and UK retail performance. Hammerson, the owner/operator of the Bullring & Grand Central in Birmingham, said footfall trends “remain encouraging”.
As so-called Freedom day approaches on Monday, there’s still a certain amount of nervousness among retailers in England (and their customers) over the ending of the legal requirement to wear face coverings in-store.
Pan-European budget retailer Pepco talked of a “resilient rebound in trading [with] strategic momentum maintained” on Thursday as it delivered its Q3 results.
Department store Liberty has filed its results for the year to the end of January and said that it was "significantly impacted" by the three separate Covid lockdown in the UK that dented footfall to its London flagship.
The house of Karl Lagerfeld is to open a luxury villa estate named Karl Lagerfeld Villas Marbellas by end 2021 in a deal with Sierra Bianca Estates.
Retail giant John Lewis Partnership is planning to cut as many as 1,000 jobs as it shakes up store management at its John Lewis department stores chain and it's Waitrose supermarkets.
