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Retail Update - May 2015
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Posted At: 22 May 2015 13:00 PM
Related Categories: Retail, Retailers |
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Since our last update, Blott appointed administrators, shut stores and was acquired by Tinc, another quirky stationery retailer who will re-open some stores and trade them under licence for six months from the administrator. read more...
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The growth of Costa – it keeps going
Posted At: 12 May 2015 16:48 PM
Related Categories: Retail, Retailers
Having recently announced another growth in sales by 6% with underlying profits increasing by over 20%, Costa has now been named the UK’s favourite coffee shop for the fifth year in succession. In London, the most competitive area of this market, 39% of participants said Costa was their favourite, 16% more than its nearest rival, Starbucks. read more...
Retail Update - April 2015
Posted At: 24 April 2015 11:00 AM
Related Categories: Administrations, Retail, Retailers
Continuing the trend seen last month there have been no reported administrations on the FSP Retailer Database, signalling improved sentiment in UK shoppers. This is evidenced by GfK’s Consumer Confidence Index being at its highest level for almost 13 years at +4, having recorded a rise of eight points in just three months. read more...
Retailer Spotlight: Hotel Chocolat
Posted At: 30 March 2015 00:58 AM
Related Categories: Retailers
Founded in 1993, Hotel Chocolat has been in the spotlight recently as it overtakes rival Thorntons’ profit figures for the first time ever.
Hotel Chocolat originally set out as a small brand which aimed to provide consumers with a better choice of chocolate than those available in supermarkets. Set apart as one of the world’s few chocolate makers to grow cocoa, the Hotel Chocolat vision was to connect this with luxury chocolate making and retailing. The brand has grown to include a restaurant, hotel, beauty range, and plantation spa in Saint Lucia. Such is its success, it now has a UK portfolio of 81 stores, 35 concessions in John Lewis and 10 cocoa bar-cafes.
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Retail Update - March 2015
Posted At: 27 March 2015 00:38 AM
Related Categories: Retail, Retailers
There have been no reported administrations since our last update, and a number of new retailers proposing to enter the UK market; showing increased confidence in the UK market. This is evidenced by retail sales increasing by more than expected in February as prices dropped to their lowest level for almost 20 years. read more...
Retailer Spotlight: Holland & Barrett
Posted At: 09 March 2015 12:56 PM
Related Categories: Retailers
Holland and Barrett has recently announced plans to expand its head offices in Nuneaton with the creation of 30 new jobs following a period of sustained success. Retail Week reported that the health food and nutritional supplements retailer will also be adding 40 new roles across different departments in the business over the next six months, alongside 200 new jobs in its stores nationwide. read more...
Retail Update - February 2015
Posted At: 25 February 2015 11:26 AM
Related Categories: Administrations, Retail, Retail Statistics, Retailers
FSP’s retailer database has recorded one administration since our January update, bakery retailer Cooplands of Doncaster. Cooplands underwent a pre-pack administration process which saw the closure of 39 stores and the loss of 300 jobs. ReSolve acquired the remaining 42 shops. read more...
Retail Update - January 2015
Posted At: 28 January 2015 10:00 AM
Related Categories: Administrations, Retail, Retailers
Since our last update, and indeed since the start of 2015, there have been two administrations recorded on SnapShop – Bank (06/01) and USC (16/01) – with Austin Reed announcing a Company Voluntary Arrangement and store closures (26/01). read more...
Foyles: The revival of the book
Posted At: 21 January 2015 00:49 AM
Related Categories: Retailers
The decline of the physical book market came at a particularly difficult time when the recession hit, affecting much of the high street. Independent shops, particularly, were badly affected as it coincided with the rise of e-books and devices, such as the Kindle. Since that time, the number of bookshops, both chain and independent, has declined by 9.5%, with approximately 2,547 bookshops currently still trading. read more...
Retail Update - December 2014
Posted At: 18 December 2014 15:12 PM
Related Categories: Administrations, Retailer At Risk, Retailers
With Christmas fast approaching, it is pleasing to note that other than Mexx – which had very little UK presence left following financial troubles in 2008 and has now been declared bankrupt... read more...
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