Latest Articles in Retail

Clothing markets and stalls among fastest-growing industries

As British consumers navigate their Christmas shopping lists this season, new data suggests a shift in clothing retail dynamics across the UK's high streets. Analysis by payment solutions provider SumUp, drawing on Office for National Statistics data, reveals an unexpected transformation in consumer shopping patterns over the past five years....

Retail

Industry insiders give their reaction to latest ONS figures

British clothing and footwear retailers suffered their sharpest year-on-year decline since January 2022, with sales falling 2.6 per cent in November, marking the second consecutive monthly decrease. The Office for National Statistics' (ONS) latest retail monitor, which concluded on November 23, captured only a partial picture of consumer...

Retail

UK retail sales marginally rise in November as consumers hold back spending

New figures from the Office for National Statistics (ONS) have shown a marginal rise in retail sales volumes for the month of November, a slight increase that was offset by consumers waiting for discount periods in the following month. According to the data, sales were estimated to have risen by 0.2 percent, following a fall of 0.7 percent in...

Retail|Beauty

Boots reveal biggest beauty trends of 2024

K-beauty, blusher, hyaluronic acid and bespoke haircare are among the most in-demand products across beauty and wellness in 2024, according to British retailer Boots. As the UK’s leading health and beauty retailer, Boots stocks more than 600 healthcare brands and over 500 beauty brands, and it has analysed search and sales data from across the...

Retail

Perfect Moment opens first seasonal European store in the Alps

Skiwear brand Perfect Moment is continuing on its retail expansion, this time with the opening of its first seasonal store in Europe. The new location is within the Alps ski resort, Kitzbühel, in Tirol, Austria, where special in-store events will aptly tie into the surroundings. The store itself will house select items from the company’s...

Retail

Urban Outfitters and Gymshark among retailers accused of hiring festive workers without basic rights

A new report has accused a number of UK retailers of hiring young “freelance” employees via hiring apps that leave them without basic employment rights. According to The Observer, Urban Outfitters, Gymshark and Uniqlo are understood to be among those carrying out such practices as they fill out staff in preparation for the festive season. Such...

Retail

Landsec secures 92 percent stake in Liverpool One

Real estate firm Landsec has announced the acquisition of a 92 percent stake in UK shopping centre Liverpool One, for an overall consideration of 490 million pounds. The stake was snapped up from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), which previously held a 69 percent stake, and property group Grosvenor, which...

Retail

Shopping malls see comeback in pre-holiday surge

U.S. shopping mall foot traffic delivered a robust performance in November, signalling a potential renaissance for brick-and-mortar retail that could extend into the December shopping season, according to the latest industry data. The revival is particularly noteworthy for indoor shopping centres, which registered a 6.4 percent year-over-year...

Retail|In Pictures

Madewell marks opening of new flagship store in SoHo, NYC

Madewell has officially opened the doors of the newest flagship store in SoHo, New York City. Exterior of Madewell's new flagship store in SoHo, NYC Credits: Madewell Situated at 565 Broadway, the new flagship store from the denim and apparel brand spans 6,512 square feet and marks Madewell’s return to the neighborhood. Madewell originally...

Retail|Beauty

Charlotte Tilbury to “significantly” upsize Covent Garden store

Beauty brand Charlotte Tilbury has confirmed it will “significantly” upsize its flagship store in Covent Garden, London, following what it calls “stellar success” at the location. In a statement, Charlotte Tilbury said it would be relocating from its neighbourhood boutique to a larger, more prominent anchor unit on the corner of the Royal Opera...

Retail

Alo Yoga opens debut store in the Republic of Ireland

US fashion and athleisure brand Alo Yoga has opened its first Irish store on Dublin's Grafton Street as part of its continued European expansion plans. Located at 62 Grafton Street, Dublin, the store launch aims to bring “a touch of Los Angeles wellness into the heart of Ireland,” with specially curated events and community classes, including...

Retail|In Pictures

In Pictures: Schuh unveils gender neutral format at new Westfield White City store

Footwear retailer Schuh has opened a new hybrid store at Westfield London White City, which has taken on a gender neutral format while catering to both adults and kids. Throughout the 2,800 square metre space, the retailer intends to exhibit a shopping experience that encourages self-expression, as seen in a layout of brands and sportswear that...