Retail news

• Online surge powers US retailers’ festive sales

  26-12-2018 19:04 via ft.com
  Total sales in the run-up to Christmas rose 5.1%, the biggest jump in six years
  
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• 'I like to get my hands on things': Boxing Day shoppers hit the sales

  26-12-2018 18:09
  Shoppers in Sheffield and London say they enjoy the buzz of buying in personDespite concerns that the rise of internet shopping is taking its toll on retailers, the Boxing Day sales at Meadowhall shopping centre on the outskirts of Sheffield seemed as busy as ever. Shoppers arrived at 6am to find there were already long queues for the bigger stores and by 10am cafes were packed with exhausted looking families slumped over cups of coffee, surrounded by bags.“Walking along some of the aisles
  
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• Councils to bid for share of £675m fund to invigorate English high streets

  26-12-2018 15:24
  Fund designed to combat impact of online shopping and help create community hubsCouncils in England are being invited to bid for a share in a new £675m government fund set up to help reinvigorate their beleaguered high streets.The so-called future high street fund was announced by the chancellor, Philip Hammond, in the budget, and is intended to allow high streets to combat the challenges of the growing influence of online shopping by turning town centres into “vibrant community hubs
  
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• Boxing Day sales draw fewer UK shoppers

  26-12-2018 14:53
  Number of visitors to shopping centres, high streets and retail parks down 4.2% year on yearThe number of shoppers visiting retailers on Boxing Day has fallen for the third year in a row as worries about the economy and the rise of internet shopping takes its toll on high streets.The average number of visitors to shopping centres, high streets and retail parks, had slid 4.2% year-on-year by midday Wednesday, according to data from analysts at Springboard. Continue reading...
  
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• Boxing Day sales off to less than stunning start

  26-12-2018 14:48 via ft.com
  Number of people visiting the shops said to be down 3% compared with last year
  
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• Boxing Day sales get off to a less than stunning start

  26-12-2018 14:48 via ft.com
  Group representing London’s West End retailers reports fall in number of shoppers
  
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• Realtors strike gold in warehouses thanks to ecommerce

  26-12-2018 14:00 via ft.com
  Rents in industrial real estate defy broader downturn caused by rising rates
  
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• Ecommerce delivers warehouse gold rush

  26-12-2018 14:00 via ft.com
  Rents in industrial real estate defy broader downturn as rates rise
  
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• Ecommerce delivers warehouse gold ruah

  26-12-2018 14:00 via ft.com
  Rents in industrial real estate defy broader downturn as rates rise
  
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• London's West End sees Boxing Day bounce

  26-12-2018 12:14 via theretailbulletin.com
  New figures for the festive period have shown that shoppers are on track to spend £50 million in London’s West End in the Boxing Day sales.
  
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• Why did Aldi sell me a Christmas tree I couldn't carry?

  26-12-2018 08:00
  Sending back a large item that turned out not to be as described proved almost impossibleI bought an artificial Christmas tree from Aldi’s website for £44.99 which was described as being supplied in a box with a handle and having hinged branches. When I started setting it up, I realised the branches on the top third of the tree were not hinged, and it was in a box with no handle.I called customer services as the tree was not as described and was told the only option was to return it.
  
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• Councils to bid for share of £675m fund to invigorate UK high streets

  26-12-2018 01:01
  The future high street fund is designed to combat impact of online shopping and help turn town centres into community hubsLocal councils are being invited to bid for a share in a new £675m government fund set up to help reinvigorate the country’s beleaguered high streets.The so-called future high street fund was announced by the chancellor, Philip Hammond, in the budget, and is intended to allow high streets to combat the challenges of the growing influence of online shopping by turn
  
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• Bumper Boxing Day crowds expected on UK’s ailing high streets

  26-12-2018 01:01
  Pre-dawn queues likely but overall Christmas trading is likely to disappoint retailersMillions of Britons are expected to make their annual pilgrimage to the Boxing Day sales despite the event having been hijacked by last month’s Black Friday spree.Some of the country’s biggest shopping centres are predicting bumper crowds as retailers slash the price of winter clothing, homewares and household gadgets to make way for spring ranges. Continue reading...
  
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