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Retail revenue rises at London airports although traffic falls
Posted by Michael Bond on 31st Jul 09
The operator of Heathrow, Gatwick and Stansted airports in London is reporting a 12.8 per cent revenue increase for the first half of 2009, as compared with the same period last year, to £1.15bn – in spite of a 7.4 per cent decline in passenger numbers. Gross retail income was reported up by 1.7 per [...]
(Read More)Tesco to replace Falkirk eyesore with new supermarket
Posted by Rob Jones on 19th Jun 09
www.tesco.com UK supermarket giant Tesco has revealed its plans to build a store in Falkirk that would see the creation of more than 200 jobs. The plans for retailer’s new 35,000 square foot supermarket on the site of the former Wrangler Jeans factory in Camelon are on public display.
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June retail sales bolstered by positive economic outlook
Posted by Kim Newbold on 16th Jun 09
www.bdo.co.uk BDO Stoy Hayward has published sales figures in its High Street Sales Tracker for the week ended 7 June showing a rise in total UK sales of 2.8 per cent, as compared with the same period last year. This is the strongest gain in over eight weeks. The non-fashion retail sector reported sales that [...]
(Read More)Study shows more UK shop closures expected
Posted by Steven Allen on 15th Jun 09
www.datamonitor.com According to consumer responses in a recent survey, the retail landscape in Australia, Canada, the UK and the US will see further changes before the economic crisis ends. Independent market analysis firm Datamonitor published the results of its study, the “Recession and Recovery Research Programme”, providing an up-to-date report on the impact of the [...]
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Tesco exec says risks to recovery remain
Posted by Rob Jones on 12th Jun 09
www.tesco.com The head of the UK’s largest retailer has commented that the sector continues to struggle in the most difficult trading conditions he has seen, and that although there are signs of improving customer confidence, risks to recovery still exist. “The situation in the high street is very fluid at the moment,” Terry Leady, the [...]
(Read More)Cautious outlook still evident in UK retail sector
Posted by Rob Jones on 5th Jun 09
www.diy.com Although there’s a positive outlook for the weather in Britain over the coming months, retail executives are still not saying there’s any real relief in sight for the gloom that has permeated their sector for several months. Retail chains from B&Q to New Look are reporting strong financial results, but company leaders are asserting [...]
(Read More)John Lewis exec cautions retail recovery not imminent
Posted by Rob Jones on 29th May 09
www.johnlewis.com Jeremy Collins, the head of development for UK retailer John Lewis, has recently commented on the difficulties facing the retail construction and fit out market in the current downturn. He warned that although there has been a minor recovery in retail sales figures in the last two months, retailers will be remaining cautious about [...]
(Read More)March retail sales in UK show improvement
Posted by Michael Bond on 27th Apr 09
www.statistics.gov.uk In March, retail sales in the UK increased, after experiencing a sharp fall in the previous month, according to the newest figures released by the Office for National Statistics (ONS). Sales volumes were up by 0.3 per cent in March over February when sales had fallen by two per cent. March sales were also [...]
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