SnapShop Retailer Directory Search

You are here: Home | Blog | SnapShop Monthly Summary - May 2014

SnapShop Blog

SnapShop Monthly Summary - May 2014


Posted At: 22 May 2014 15:49 PM
Related Categories: Administrations, Retail Statistics


Consumer confidence continues to improve, as evidenced with a 6.2% rise in UK retail sales during April according to ONS figures, in which some £28bn was spent over the course of the month. UK online sales grew by 13.3%, suggesting that the wider consumer recovery remains on track. The rise in sales comes after a footfall decline of 0.1%.

There were no reported administrations on SnapShop during May, however administrators at Internacionale have confirmed the business will be wound down. It’s a similar story at Paul Simon, where administrators have announced that the remaining stores will close by mid-June following a restricted level of interest from potential purchasers.

On a brighter note, Hereford’s 310,000sqft Old Market scheme opened its doors at the beginning of May. Old Market is the only significant retail development to open this year, and is the first major development in Hereford for 25 years.

Annual spending by overseas visitors is predicted to grow by 34% to over £27bn by 2017 in the UK
, according to The Tourist Dynamics report from Barclays, indicating the resilience of the luxury goods market in the UK.

The continuing expansion of multiple operators and symbol groups in the convenience sector has led to a new analysis of the market being carried out by IGD and WRBM, the results of which reveal that the sector is expected to grow by more than 30% over the next five years, generating an additional £12bn in extra sales.

Finally, the BRC continues in its battle to tackle the issue of business rates, joining forces with representatives from the leisure sector and other high street businesses and manufacturers to strengthen its calls for the Government to reform the system. The BRC will publish the next phase of its work on business rates at the end of June.

Comments Comments (0) Twitter Twitter


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 *  
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.


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. ×