Swedish homeware giant, Ikea, has taken on Topshops’ former flagship store on Oxford Street, London, paying £378 million for the iconic retail site in a transaction due to be completed in January 2022. The new London store is scheduled to open in autumn of 2023 and follows the already planned launch of a store in
Ikea to take over former Topshop flagship store in London Read More »
According to the Office of National Statistics, retail sales volumes fell by 0.2% in September 2021, pulled down by lower sales in non-food stores as household goods stores sales volumes fell by 9.3% compared with August. Non-food stores as a whole saw monthly sales volumes fall by 1.4% in September 2021 and were 1.7% below
Indie retailers assess trading conditions ahead of Christmas Read More »
Iconic toy retailer, Hamleys, has announced its top ten Christmas toy predictions for 2021, revealing the toys they predict will be at the top of Santa’s wish list this year, including a number of items that will encourage families to spend time playing together over the festive season. The top 10 list includes: Playmobil City
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Tents, air fryers, trampolines and Crocs were among the products that defined the last 12 months, according to this year’s Shop, Live, Look report by John Lewis. The report, which looks back at the products and trends that shaped the year, found that UK consumers adapted to lockdown by redesigning their living spaces to make
John Lewis 2021 Shopping Trends Report Read More »
According to retail analyst, Springboard, from Sunday 21st November through to Saturday 4th January, it is predicted that footfall across all UK retail destinations will average -17% lower than 2019, continuing the current trajectory seen in September 2021 with footfall down -17.4%. The anticipated supply issues facing retailers this year is likely to lead to
Christmas trading threatened by supply issues Read More »
With input from over 3,500 exhibitors, buyers and partners, the organiser of Spring Fair, Hyve Group, has announced that it will become a four-day show. The new show dates run from Sunday 6th – Wednesday 9th February 2022 at NEC Birmingham and will include the introduction of late-night openings until 7.30pm on the Sunday and
Spring Fair becomes 4 day show with late night openings Read More »
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