SnapShop Retailer Directory Search

You are here: Home | Blog | SnapShop Monthly Summary August 2013

SnapShop Blog

SnapShop Monthly Summary August 2013

 

Posted At: 15 August 2013 14:21 PM
Related Categories: Retail, Retailers

 

Having asked, on the SnapShop Blog in July, if the UK was turning a corner in its recovery, it seems to be that all news items are stressing the point. With consumer confidence rising; the Bank of England providing stability; house prices on the up and a slight easing in inflation, the news this month has had a rather more positive sentiment than of late.

The positive news isn’t confined to the UK, as we hear this week that the Eurozone has moved out of recession with the economy growing by 0.3% in the second quarter.

Back in the UK and the government thought it had hit upon a sound idea to kill two birds, with its proposal to ease the planning rules. The idea is that town centre properties could be converted to residential use. However, these have been met with only cautious approval, with many commentators showing some support for the general philosophy, mixed with concerns as to how this would take shape.

Meanwhile the Crown Estate is doing its bit to ensure high street retailing lives on, by opening some of its prime real estate in Piccadilly to small independent retailers where pop-up shops will showcase the wares of 10 fledgling retailers, in a celebration of British products.

The latest technological innovation means that Richmond High Street in West London has become the first in Britain to introduce facial recognition payment technology, allowing shoppers to pay on their mobile phone and be recognised by their first name and picture.

In property news, preparations are underway for the refurbishment of The Mailbox in Birmingham and Intu’s plans to build a £17m restaurant quarter within Newcastle's Eldon Square shopping centre have been recommended for approval.

SnapShop records of successes and failures this month go from the excitement surrounding the UK launch of J Crew, through the reverberations of the Internacionale pre-pack which sees them taking a tough stance in rent negotiations, to textile retailer Mostyns being the only casualty in the month.
 

Comments Comments (0) Twitter Twitter


Comments...

There are no comments for this entry.



Add a Comment:

Please Note: Comment moderation is enabled. Your comment will not appear until approved. Although we ask for your email address for verification purposes, only the name you enter will show against your comment.

 
Name *
Email Address *  
Website
Comments *
 
 
 
The opinions expressed herein are the personal opinion of the author and are not intended as statements of fact and do not represent the view of SnapShop or Pragma in any way.

Subscribe

Enter your email address below
to receive SnapShop blogs
straight to your inbox.
 

Blog Roll:

Hurlbut & Associates
Insight-Driven Retail Blog
James Hall, Telegraph
Marketing Cloud Blog
Retail Consultancy Blog
Retail Contrarian
Retail Technology Blog
Retail Week Comment
Spotlight on German Retail

Archives By Category:

Administrations (71)
And Finally (22)
Christmas (5)
Co-operative Retail (1)
Environmental (6)
E-tailing (13)
Finance & Investment Management (3)
FSP News (4)
Future of Retailing (24)
General (63)
Jane Norman (1)
Media (4)
Retail (137)
Retail Marketing (3)
Retail Property (12)
Retail Statistics (40)
Retail Suppliers (8)
Retailer At Risk (6)
Retailers (193)
SnapShop Developments (3)
Social Commentary (34)
Store Closures (22)
Town & Shopping Centre Management (14)
Womenswear Retailer (3)

Recent Entries:

Retailer View - Weird Fish
Retailer View - Monki
Retailer View - Boden
Retailer View - The Entertainer
Retail Update - November 2018

Recent Comments:

Retail Spotlight – The changing face of leisure
Really interesting sector changes you've highlighted. We have also noticed a sharp rise in the 24 ho... more
Cost of Cash Set to Rise
We have seen growing investment amongst retail clients wanting to get ahead of this trend. it will ... more
And Finally - Surreal
Does my app look big in this, hehe, got to try the Ann Summe... more
Who's next?
Thanks Dave. Sports Direct International has very strong leadership and its accounts have been recor... more
Who's next?
Interesting stuff, it doesn't look like long before they will go under. Any ideas on why sports dire... more
Twitter LinkedIn
Privacy PolicyTerms of Use

Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how customers use our website.
Our site won't work without them. By continuing to use our website you accept our use of cookies. Find out more about cookies. ×