Santander UK is supporting gemstone jewellery, craft retailer and TV shopping broadcaster Gemporia Partnership with a funding package worth more than £30m. Included in the funding package is a five-year £25m term loan that supports repayment of existing facilities following the sale of Gemporia Partnership to an Employee Ownership Trust in 2017. The funding enables […]
Retail sales grew at the sharpest pace since December 2014 in the year to August, while orders growth hit a survey record high, according to the latest CBI quarterly Distributive Trades Survey. Sales were also viewed as above average for the time of year, to the greatest extent since September 2015. The survey of 104 […]
The home delivery expert ParcelHero says it warned the government as early as 9 July that ‘Freedom Day’ plans to relax Covid measures would backfire. Now the latest Office for National Statistics (ONS) retail sales figures reveal a shocking -2.5% decrease in the amount of goods sold during the month. A growth in sales of […]
Responding to the latest ONS Retail Sales Index figures, which showed a 3.7% year-on-year increase in overall sales (non-seasonally adjusted retail sales excluding fuel: J3L2), Helen Dickinson, chief executive of the British Retail Consortium, said: “The fifth consecutive month of rising sales is a testament to the perseverance and innovation of retailers who continue to […]
Shoppers may be flooding back to high streets and shopping centres, but online sales are still booming. According to the home delivery expert ParcelHero, our shopping habits post-Covid will result in e-commerce levelling out at around 25% of all retail sales. That means that UK internet sales will be worth around £12.8bn annually. ParcelHero’s head […]
After recording the steepest drops in the history of the Index for two months in a row, the fall in online retail sales appears to be slowing – down just -9.6% year-on-year (YoY) in July. That is according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 […]
Covering the four weeks 4 – 31 July 2021 On a Total basis, sales increased by 6.4% in July, against a growth of 3.2% in July 2020. This is below the 3-month average growth of 14.7% and the 12-month average growth of 10.4%. On a 2-year basis, Total retail sales grew by 9.1%. UK retail […]
Covering the four weeks 04 July – 31 July 2021 2020 was a turbulent year in which much of retail bounced between being open and closed, impacting footfall significantly. To make meaningful comparisons to changes in footfall, all 2021 figures are compared with 2019 (pre-pandemic). This means our 2021 figures are now year-on-two-years (Yo2Y), rather […]
In the second quarter of 2021, the overall GB vacancy rate increased to 14.5%, from 14.1% in Q1. It was 2.1 percentage points higher than in the same point in 2020. It is now over three years of increasing vacancy rates, from Q1 2018. All locations saw an increase in vacancies in Q2, with Shopping […]
Period Covered: 01 – 07 July 2021 Shop Price deflation accelerated to 1.2% year-on-year in July compared to June’s decrease of 0.7%. This is a slower rate of decline than the 12- and 6-month average price decreases of 1.6% and 1.4%, respectively. Non-food deflation accelerated to 1.8% in July, compared to a fall of 1.0% […]
