More than 200 UK shopping centres, collectively worth around £7 billion, are at risk of closure if their owners fail to secure fresh equity for refinancing and ‘much-needed redevelopment’, according to asset management company APAM. Retail sales growth slowed in the year to October, following four consecutive months of firm sales during the summer, according
Online retail parcel delivery order volumes were up + 13.9% year on year in April, according to IMRG data. Easter fell early this year (in March), so a dip in volumes may have been expected in April due to a tough comparator with last year, when Easter was in April. However, the monthly decline on
Retail news round-up: Online parcels; falling prices; worst and best retailers Read More »
Shop prices continued to fall in April, representing the deepest period of deflation since February last year, according to the BRC and Nielsen. There have now been five years of shop price deflation. Overall, there was a 1% decline last month, although non-food prices fell 2.2% compared to March when they were down by 1.9%.
Retail news round-up: Deflation; people who lie on their CVs; multiple difficulties Read More »
Total like-for-like in-store sales were down by -10.1% in March from a flat base last year, according to BDO’s High Street Sales Tracker. BDO said that the second worst month on record was primarily due to the severe winter weather. Footfall dropped by -3.3% over the four-day Easter weekend from Easter last year, but Springboard
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