In the first quarter of 2022, the overall GB vacancy rate decreased to 14.1%, which was a 0.3 percentage point down from Q4 2021. This was only the second quarter of falling vacancy rates since Q1 2018. All locations saw a decrease in vacancies in Q1, with Shopping Centre vacancies falling to 19.0%, down from […]
Specialist business property adviser, Christie & Co is pleased to report Johnstown Village Convenience Store in Wrexham, Wales has been sold at well over asking price, to an experienced operator from the south of England. Funding for the sale was secured by Christie & Co’s sister company, Christie Finance. Ideally positioned along Johnstown’s high street, […]
The pandemic has meant much of retail bounced between being open and closed, significantly impacting sales and changing consumer behaviours. In March 2020, non-essential retail stores began to close, pushing many consumers to buy goods online. In this context, while all comparisons are provided on a year-on-year (YoY) basis, those focused on online/in-store have also […]
Covering the five weeks 27 February – 02 April 2022 Since the pandemic started, much of retail has bounced between being open and closed, impacting footfall significantly. To make meaningful comparisons to changes in footfall, all figures are compared to their pre-pandemic (2019) levels. This means our 2022 figures are year-on-three-years (Yo3Y). However, we have […]
Period Covered: 01 – 07 March 2022 Shop Price annual inflation accelerated to 2.1% in March, up from 1.8% in February. This is above the 12- and 6-month average price increases of 0.1% and 1.1%, respectively. This marks the highest rate of inflation since September 2011. Food inflation accelerated to 3.3% in March, up from […]
Responding to the latest ONS Retail Sales Index figures, which showed 10.0% year-on-year sales growth in January (value, non-seasonally adjusted retail sales excluding fuel: J3L2), Helen Dickinson, chief executive of the British Retail Consortium, said: “Sales growth fell slightly in February as rising concerns about inflation appeared to dampen consumer appetites. Stronger sales results could […]
Responding to the latest CPI inflation figures which show headline inflation at 6.2%, and food inflation at 5.1%, Helen Dickinson, chief executive of the British Retail Consortium, said: “Rising inflation remains a significant concern for the economy, squeezing household incomes and increasing cost pressures on retailers. For the second month in a row, Transport saw […]
Customers should expect changes in the way they shop online from today, in a move to combat online fraud. The changes are a result of new Strong Customer Authentication (SCA) requirements, a set of rules that will change how you confirm your identity when making online purchases. While SCA rules have applied to a small […]
The pandemic has meant much of retail bounced between being open and closed, significantly impacting sales and changing consumer behaviours. In February 2021, non-essential retail stores were closed, pushing many consumers to buy goods online. In this context, while all comparisons are provided on a year-on-year (YoY) basis, those focused on online/in-store have also been […]
Covering the four weeks 30 January – 26 February 2022 Since the pandemic started, much of retail has bounced between being open and closed, impacting footfall significantly. To make meaningful comparisons to changes in footfall, all figures since March 2021 are compared to their pre-pandemic levels (year-on-2-years, Yo2Y), rather than year-on-year. According to BRC-Sensormatic IQ […]
