Footfall

Boohoo seeks larger London office following acquisition spree

Online fashion retailer Boohoo is reportedly seeking a larger London office following its recent acquisition spree that saw its purchases…

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Vacant units in City of London almost double amid pandemic

The number of vacant units in the City of London increased by 47% from 174 at the end of 2019…

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Westfield owner to ‘significantly reduce’ exposure in US

Unibail-Rodamco-Westfield (URW) has revealed it will “significantly reduce” its financial exposure to the US and instead focus on its UK…

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Ted Baker Q4 sales fall 47% amid low occasionwear demand

Clothing retailer Ted Baker reported that Q4 group revenues fell by 47% during the 13-week period ending 30 January 2021.…

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How the fashion industry can survive and thrive post-lockdown

Back when the effects of the coronavirus pandemic first hit in March 2020, everyone seemed to expect the worst for…

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Retail footfall drops 65.6% in first full month of third lockdown

Retail footfall has declined 65.6% in January compared with a 41.9% drop in December, as the first full month of…

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13,000 Scottish retail jobs were lost before Covid-19, SRC reveals

13,000 Scottish retail jobs were lost between 2016-2018, a new paper by the Scottish Retail Consortium (SRC) reveals.  The report…

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Footfall remains above first lockdown levels despite poor weather

Footfall across UK retail destinations rose by just +0.4% last week from the week before as poor weather deterred high…

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Card Factory to receive one month covenant breaches waiver

Card Factory has been issued a one month extension to covenant breaches by banks until 28 February 2021. Earlier this…

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Poundland owner reports Q1 sales drop

Pepco Group, which owns brands such as Poundland in the UK, has reported a like-for-like sales decline of 2.1% in…

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