Up to the minute research by the Local Data Company (LDC) and the British Independent Retailers Association (bira) shows that traditional independent shops opened significantly more shops than in the same period last year, whilst the national chains (with more than five stores nationally) continued to see a fall. Key growth sectors have been
Boom in independent store openings as multiples decline Read More »
A new Salmon Insights white paper addresses ‘The dominance and threat of Amazon’ and ‘why brands need to start fighting back fast’. It says that with nearly 40% of online UK spend going through Amazon, and clear signals of the retail giant’s intent to own the interfaces that connect sectors to their customers, savvy businesses
Retail news round-up Read More »
Shopper numbers fell in the last month as consumers reined in spending on non-essential items and a wetter than average summer kept people indoors and away from both tourist hot spots and the high street. Latest figures from the British Retail Consortium (BRC) and Springboard recorded a 1.1% slip in the four weeks to
A damp month for the high street Read More »
Australian stationery retailer Smiggle is considering ramping up its UK store opening programme as sales continue to accelerate, defying the gloom hanging over the high street. Managing director John Cheston told the Press Association that after pausing following last year’s referendum result, Smiggle has its foot back on the gas. He said: “After the
Smiggle set to ramp up UK store openings Read More »
Alan Monahan writes: Following publication of the latest Consumer Price Inflation figures, the British Retail Consortium predicts that retailers are in for “a tricky few months”. Data from the Office for National Statistics shows that consumers in the UK faced rising inflation in May, while Labour Market Statistics reveal a fall in total
Retail Reflections: tricky times ahead and tips for retailers Read More »
Value retailer B&M has raised its store target up from 850 to 950 following a big profit spike and strong sales growth, as the value sector as a whole continues to gain ground on Britain’s high streets. Card Factory, Poundland, Aldi, Lidl and Wilko have also seen their fortunes surge over the past few
B&M plots further growth Read More »
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