Early signs of the confidence shown by workers returning to their offices saw a boost for UK high street footfall in the latest week. Footfall across UK retail destinations rose 1.5%, according to Springboard.
Two key executives who helped to shape UK retail died in the last few days. Paul Myners was the former chairman of M&S and Landsec and John Sainsbury was the driving force behind the supermarket chain for 23 years.
Fashion, art, retail and technology are drawn together in a first-of-its-kind, multi-layered cultural collab featuring the work of artist Victor Vasarely and fashion house Paco Rabanne at Selfridges’ London store.
Year-on-year comparisons across the pandemic landscape can make interesting reading. That’s why UK online retail in 2021 recorded its worst-ever year for growth, but still managed a “rather good” performance.
Big appointment for Landsec. The UK commercial property giant has hired Remco Simon to the newly-created role of managing director – Strategy and Capital Markets. Effective immediately, the will report to CEO Mark Allan.
Urban Outfitters Inc. reported on Tuesday double-digit revenue growth for the 2021 holiday season, compared to the same two-month period in 2019, driven by strong growth in the U.S. group's digital channel.
Wilko is to close 15 stores in 2022, it announced on Tuesday. The value-focused general merchandise retailer that also sells beauty products has reviewed its store estate as a result of a number of leases ending.
Consumer spending on essential items grew in December by as much as 13.7% on a two-year basis, but clothing saw slower growth and department stores also lagged compared to supermarkets and discounters.