Covid-19 ‘doughnut effect’ creates retail opportunities in outer London, experts say October 28, 2020 Outer London boroughs have recovered faster from the coronavirus restrictions than the city centre, creating a “doughnut effect”, which could provide new opportunities for retailers and landlords, experts have said. Research by estate agent Savills showed that in the six weeks to 23 October footfall in the City and Westminster was down 72 per cent [...]
Woolworths may not be making a return, but our love of retail is October 28, 2020 Admit it, you did it, I did it, we all did it at least once — pinching from the pick n mix at your local Woolworths. And sadly, all that came to an end in December 2008, when all remaining Woolworths stores were shuttered for good. As a nation we mourned. We mourned the loss [...]
Has an unverified Woolworths twitter account pranked Britain? Probably. October 27, 2020 An unverified Twitter account claiming to belong to Woolworths emerged this morning, sparking a media frenzy and a social media storm
Why M&S’ relegation from the FTSE 100 doesn’t mean the death of the High Street September 20, 2019 Marks and Spencer (M&S) is set to be relegated from the FTSE 100 after the close of business today. This will be the first time that the company has lost its blue chip status. The UK retailer was a founder member of the FTSE 100 and a stalwart of the UK High Street. But its [...]
Kodak shows how to compete with startups if you’re a heritage brand March 25, 2019 The digitalisation of our world has given with one hand and taken away with the other. It has created opportunities for new companies, and made household names such as Amstrad computers and Woolworths entirely redundant. Technological advancements have facilitated the emergence of startups that thrive on disrupting traditional business models. However, the decline of established [...]
It’s time for brands to let their old products pass away February 11, 2019 Corporate giants in the fast-moving consumer goods (FMCG) sector have been sitting on their hands for the past decade, waiting for the startup bubble to burst so that they can rule the supermarket shelves once again. They’ve been dozing, and are only now realising that these plucky challengers aren’t going away. The number of brands [...]
Debenhams supplier issue could be ‘nail in the coffin’ for department store November 15, 2018 Supplier problems that have reportedly hit Debenhams could be the “nail in the coffin” for the embattled department store, according to industry experts. A number of high street suppliers stopped working with the 240-year-old store after credit insurers reduced their protection, trade magazine Drapers reported. “They really need to implement strategic change in the business, [...]
Out with the old, in with the new UK high street September 26, 2018 A tale of two retailers dominated the high street yesterday – Next’s shares jumped nearly eight per cent after the fashion giant lifted its full-year profit guidance while Card Factory’s shares lost a tenth of their value after profits were off-message. Read more: Next nudges up profit guidance after blistering summer The diverging fortunes [...]
We meet Annabel Karmel, the celebrity cook who leaves children hungry for more May 14, 2018 Annabel Karmel comes bounding into the room like a bundle of sunshine. With her yellow dress and immaculate makeup, she seems a world apart from the drab Bloomsbury bar where we meet. For millions of parents, Karmel is a household name, with major supermarkets stocking her baby and toddler food. It was her first book, [...]
FTSE 100 history: how the index has changed over 33 years July 3, 2017 The FTSE 100 index has just seen one of its quarterly changes with security firm G4S and real estate investment trust Segro promoted to the top 100. Although perhaps small in themselves, these regular events have changed the face of the UK’s leading index since it was formed in 1984. For the many investors whose [...]