Tag : retail
Footfall dips in week before ChristmasSubscription
Footfall across UK retail destinations dipped by 1% year on year in the week to 23 December, new data has found.
Shoppers are expected to spend £52m across London’s West End today (26 December), up 4% on last year as people take advantage of the weakness of sterling.
High street fashion sales fall Subscription
Like-for-like fashion sales on the high street have dropped by 5.26% in the penultimate week before Christmas, marking a sixth consecutive week of decline.
Shaftesbury buys more Seven Dials spaceSubscription
Shaftesbury has bought 5,200 sq ft of retail space in London’s Seven Dials for £24.6m.
Debenhams names new fashion and home bossSubscription
Debenhams has appointed Steven Cook as its new fashion and home managing director.
John Lewis has posted a dip in overall fashion sales in the week to 16 December, but its own-brand offering has bucked the trend with 7.6% growth.
Harvey Nichols' revamp bites into bottom lineSubscription
Luxury retailer Harvey Nichols has posted a £6.7m loss before tax for its latest financial year, as ongoing refurbishment at its Knightsbridge flagship continues to eat into profits.
Footfall to surge on 'panic Thursday'Subscription
High street footfall is expected to rise by a 60% on Thursday (21 December) compared with a normal Thursday, as shoppers shift from buying online to physical stores.
Christmas discounting to overtake Black FridaySubscription
More retailers will offer promotions in the final week before Christmas Day than during the Black Friday weekend, says auditor PwC.
High street sales dip in early DecemberSubscription
Like-for-like sales from clothing and footwear stores on the high street dropped last week, according to accountancy firm BDO’s tracker.