All Retail parks & out-of-town articles – Page 3
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Data
Footfall declines as cautious shoppers rein in weekend spending
Retail footfall decreased in March as shoppers began to limit their spending on leisure-based trips as the cost-of-living crisis deepens.
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News
British Land splashes out £94m on three new retail parks
British Land has acquired three retail parks for £94m and sold its 50% stake in another out-of-town retail destination in Preston.
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Data
The health of UK bricks-and-mortar retail in six charts
After the best part of two years of intermittent lockdowns and store closures, 2022 was the first post-pandemic year retailers could trade without restrictions.
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News
Exclusive: Dwindling retail space under pressure as new development hits 20-year low
Pressure is being applied to new retail stock at a time when desire for new physical space is peaking and construction starts reached a 20-year low.
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Data
February footfall rises after strong half-term and weekend spending
Retail footfall in February saw a sharp increase due to the school half-term and greater weekend spending.
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Data
UK retail sales inch up in January
UK retail sales started the year positively, following a dip in December, according to the latest figures from the Office for National Statistics.
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News
New year footfall hit by strikes and economic uncertainty
Retail footfall in January has dropped significantly compared to the previous month due to train strikes and cash-strapped customers spending less after the festive season.
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News
Pets at Home ups profit outlook as Christmas sales rise
Pets at Home has increased FY2023 profit guidance by £5m following strong Christmas trading and has appointed a new chief consumer officer.
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Interview
Interview: Jollyes CEO Joe Wykes on expansion, competition and staff happiness
From new store openings to Christmas trading results, petcare retailer Jollyes is celebrating a year of record-breaking and chief executive Joe Wykes has no intention of taking his foot off the accelerator
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News
Retail footfall shows green shoots of post-pandemic recovery
Footfall increased across retail over the 12 months of 2022, slightly improving from pandemic figures.
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Analysis
Analysis: After festive footfall miracle, is bricks-and-mortar having a renaissance?
As a fuller picture of Christmas trading begins to take shape, it is emerging that retailers with stores fared better. Is bricks-and-mortar back for good, or will a new year bring new headaches?
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News
Christmas footfall highest since pandemic as strikes spur shoppers to high street
The number of shoppers visiting high streets and malls rose in 2022, but retail park numbers decreased, the latest figures suggest.
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News
UK retailers braced for subdued run-up to Christmas as footfall drops
UK retailers are braced for a subdued run-up to Christmas as the combined cold weather and rail strikes saw footfall to retail destinations drop last week.
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Retail Voice
How to jump on the electric vehicle charging bandwagon
As electric car sales continue to motor ahead, Diebold Nixdorf’s Reint Jan Holterman examines how retailers can benefit from this booming market and drive sales.
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News
Wickes embarks on new store opening programme
Wickes is set to begin a new store opening programme to address areas where it is underrepresented throughout the UK.
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News
New stores recovery threatened by £800m business rates rise
The rate of store vacancies improved in the third quarter across all retail locations, but physical retail’s recovery is in danger of being held back by an £800m increase in business rates costs.
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News
Footfall weakens across UK but regional cost-of-living divide emerges
While retail footfall has fallen across all parts of the UK, the cost-of-living crisis is deepening existing financial disparities between North and South.
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News
Shop vacancies fall for third quarter in a row
The national store vacancy rate has improved for the third quarter in a row but is still above the pre-pandemic level.
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News
Footfall hammered by cost-of-living concerns despite platinum jubilee boost
Shopper numbers were boosted by the platinum jubilee in June, but footfall is expected to remain behind pre-pandemic levels for the “foreseeable future” as the cost-of-living crisis impacts consumer behaviour.
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News
Ikea earmarks €1bn to adapt London stores for ecommerce
Ikea is set to spend €3bn throughout 2023 on adapting its iconic out-of-town big-box stores to double up as ecommerce distribution centres.