West End ‘extremely concerned about long-term survival’ as new guidance comes into force December 13, 2021 Central London retailers are hopeful eager Christmas shoppers will offset the absence of office workers in the capital this month while warning businesses are running out of cash. New West End Company, which represents 600 brands, restaurants and businesses in the West End, said footfall for the week of 6 December was up three per [...]
Opening of The Victory pub in London Waterloo gives UK’s rail state rail operator a boost May 2, 2024 The opening of The Victory pub at London Waterloo has helped boost sales per sq ft to an annual average of £2,507.
Central London Alliance calls on Treasury to reinstate tax-free shopping and generate an estimated £10 billion January 31, 2024 Ahead of the budget announcement on 6 March 2024, Central London Alliance (CLA) has submitted a proposal calling for the Treasury to reinstate tax-free shopping in efforts to help the retail sector recover from post-pandemic challenges. CLA backs requests by the retailers to reintroduce the scheme allowing foreign visitors to the UK to shop tax-free. [...]
Boxpark sets sight on new Camden location as it takes over Buck Street Market June 5, 2024 Boxpark will come to Camden, as the trendy hospitality firm has taken over Buck Street Market with plans for a “comprehensive renovation” of the site. Boxpark said on Tuesday it had agreed a long-term property management deal with Places for London, Transport for London’s Property Company, for Camden’s shipping container food and retail complex, Buck [...]
Bicester Village: Shoppers eyeing bargains on luxury help sales and profits surge May 23, 2024 Shoppers seeking a bargain on luxury helped the company behind Bicester Village, which was founded by the family that owns the Empire State Building in New York, increase its sales and profits last year, according to newly-filed accounts.
Amazon hit with ‘biggest ever’ UK class action in £1bn legal case June 6, 2024 The 'biggest ever' class action will be filed to a London Tribunal against Amazon over allegation it has illegally misused data and manipulated its Buy Box
Black Friday: London footfall up 13 per cent as cash-strapped Brits sniff out deals November 24, 2023 Central London saw a 13 per cent week-on-week jump in footfall this morning as shoppers flocked to the West-End to sniff out some Black Friday deals, in a much needed boost for retailers. The sales bonanza is an important day in the retail calendar as it kicks starts the start of the festive shopping season. [...]
PrimaryBid gets backing from SoftBank in $190m funding round February 21, 2022 London-based retail investment platform PrimaryBid has today closed a $190m funding round as readies to ramp up its growth across Europe and the US.
Inflation still the number one concern for London Businesses, LCCI finds, but confidence improves February 16, 2024 Inflation is still the number one concern for London firms found the London Chamber of Commerce andIndustry (LCCI). In its CAPITAL 500 London Quarterly Economic Survey, published on January 24 th, found that 66 per centof companies said they were more concerned about inflation in Q4 of 2023 than previous quarters,while four in 10 (41 [...]
London businesses pin hopes on Black Friday for sales boost after washout summer October 26, 2023 Black Friday, which starts on the 24th of November, is often seen as the start of the Christmas shopping period for many customers and high street stores.