Calmer waters economically, but mounting headwinds elsewhere – it will not be plain sailing for the UK retail market in 2016.
On the one hand, the picture is positive. The macro economy is in a healthy state going into the New
Today The Local Data Company’s latest report on vacancy rates entitled ‘Mind the Gap’ will be presented at LDC’s 11th Retail Summit at the offices Freshfields Bruckhaus Deringer in London. It analyses over 3,000 town centres, shopping centres and retail
Footfall in August was 1.1% down on a year ago, down on the 0.6% fall in July and below the three-month average of a 0.8% decline, according to he August BRC-Springboard Footfall Monitor. Out-of-town reported the only rise, 2.9% higher
Footfall in May was 0.2% down on a year ago, marginally down on the 0.1% fall in April and below the three-month average of a 0.6% increase, according to the latest BRC-Springboard Footfall Monitor. Footfall on the high street was 0.9%
An independent review of the planning system has revealed that the Government’s Town Centre First policies are failing, as councils across the country approve millions of square feet of new out of town retail development. The report analysed a
Discount retailers are currently expanding aggressively and are significantly changing the out-of-town retail landscape, according to Knight Frank’s recent out-of-town retail and leisure research report. Leading discount retailers have some of the highest profit margins within the retail sector. Customers
Retailer demand will continue to be driven primarily by the structural changes being brought about by the internet, while the sluggish economic outlook will dampen overall activity, according to the latest retail research by property firm, Knight Frank. Central London
Growth in supermarket expansion out of town will hurt town centres, according to the ACS (Association of Convenience Stores). New figures from commercial real estate adviser CB Richard Ellis show 80% of planned supermarket building will be out of town.
Consumer behaviour analyst Experian FootFall expects the Bank Holiday bonanza – incorporating the Easter Weekend, Royal Wedding and May Day – will lead to mixed performances in shopper footfall numbers. According to Experian FootFall, while the Easter Bank Holiday has