In the third quarter of 2020, the overall GB vacancy rate increased to 13.2%, from 12.4% in Q2. This was the ninth consecutive quarter of increasing vacancy rates, from Q2 2018. All locations saw an increase in vacancies in Q3, with Shopping centre vacancies increasing to 16.3% from Q2’s 14.3%. On the high street, vacancies […]
Period Covered: 01 – 07 October 2020 Shop Prices fell by 1.2% in October compared to a 1.6% decline in September. This decline is below the 12-month average price decrease of 1.1%, but above the 6-month average price decrease of 1.6%, respectively. Non-Food prices fell by 2.7% in October compared to a decline of 3.2% […]
The home delivery expert ParcelHero says that online sales are set to overtake spending in physical stores for the first time this Christmas as Brits brace for a Covid Christmas. In Christmas 2019, Britain’s shoppers spent over £78bn on Christmas presents and food. ParcelHero says we look set to spend around the same amount again […]
Brixton Village landlord, Hondo Enterprises, today announces the signing of six new occupiers to its diverse and vibrant marketplace. The thriving destination, which has been built on the rich heritage of the area, will welcome two new restaurants and four independent retailers, all of which are slated to open in November. The signings total a […]
Leading lendtech company, DivideBuy, has revealed the results of its partnership with the Barista Club, the leading online service for Sage Barista coffee machines. DivideBuy’s point-of-sale finance solution allows the Barista Club’s customers to split their payments into monthly instalments, so that the cost of the coffee machine can be spread over a period of […]
Today’s Office of National Statistics (ONS) retail sales figures for September showed the much-heralded resurgence in retail sales continued as overall spending rose 3.4% year-on-year. Online sales had the biggest growth again year-on-year, up 53%. Leading the online charge were department stores’ online sales. September was the month pre-orders opened for the Play Station 5 […]
Responding to the latest ONS Retail Sales Index figures, which showed an 5.8% increase in overall sales (retail sales excluding fuel: J3L2), Helen Dickinson, chief executive of the British Retail Consortium, said: “The retail recovery remains fragile as the industry enters the all-important Christmas period, with November and December typically accounting for over a fifth […]
New research from the National Discount Scheme, My VIP Card, shows that less than 1 in 4 (23%) of shoppers intend to shop locally this Christmas. Due to concerns over the continued rise in Covid cases and also for convenience, the majority of shoppers intend to use online giants, such as Amazon, to deliver all […]
A Midlands homeware and storage group is riding the crest of the homeware boom and considering options for expansion with the support of Lloyds Bank. Cookes Group, which celebrates its 75th anniversary in 2021, initially received a £200k Coronavirus Business Interruption Loan (CBIL) from Lloyds Bank to support the overheads of its three trading businesses […]
As part of its strategy to increase cyber resilience amongst retailers, the British Retail Consortium (BRC) has worked alongside experts at the National Cyber Security Centre (NCSC), a part of GCHQ, to develop a new toolkit which supports business leaders take steps to reduce the threat of a successful attack. The Cyber Resilience Toolkit for […]
29/09/2020
Edition 287 – August/September 2020
Leadership By Business Money group editor Robert Lefroy UK CEOs leading the w...
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