Footfall in UK retail destinations rose a modest 0.5% last week, despite continuing poor weather. And that albeit mildly positive number was driven by a stronger showing across high streets, particularly in London.
There’s a heap of consumer cash waiting to be spent -- £40 billion to be precise. That’s the amount of lockdown savings Britons are only too willing to splurge in the post-Covid economic recovery, research has found.
Addington Capital is out to help investors and landowners “redress the balance in our tired retail spaces and town centres”. So the property investment and management group has signed regeneration expert Nigel Turner.
Pradera Lateral is the surprise choice to manage the Trafford Centre. Its appointment follows a “competitive” tender process, with little-known Pradera beating industry giant Westfield to oversee the Manchester mall.
A growing number of fashion brands and retailers are switching from traditional clearance channels to its premium e-commerce marketplace for fashion and beauty, Secret Sales claims after its first year in business.
Independent lifestyle brand Oliver Bonas is to open its first store in Essex, with the 78-store retailer securing a 1,788 square foot regional flagship at Aquila Holdings-owned and operated Bond Street mall in Chelmsford.
Natura & Co, the Brazil-based owner of The Body Shop, Avon and Aesop, said it saw another quarter of double-digit revenue growth in Q1, easily beating the wider global Cosmetics, Fragrance, and Toiletries market.
John Lewis unveils its revamped Edinburgh store on Friday after a major refurbishment. The focus is on making the store a must-visit destination, with experiences and expertise that can’t be replicated online.