A Week on the High Street - 22nd May

22 May 2019 by Local Data Company


LEISURE

Pret a Manger owners JAB Holdings has agreed to buy smaller rival sandwich chain Eat JAB Holdings, who bought Pret last year has reached an agreement to buy around 90 sites that will all be turned into their vegetarian-only stores.  Veggie Pret was created following successful trials in London and Manchester in response to consumer demand for vegetarian and vegan options. 

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It’s a small world after all – the increasing demand for world cuisines in the UK

20 May 2019 by James Anderson

The palettes of restaurant-goers appear to have changed dramatically over the last three years. Back in 2016, Local Data Company data showed that the fastest growing cuisine at that point was American/Burger restaurants (chains like TGI Fridays, Gourmet Burger Kitchen, Byron among other burger restaurants and steakhouses) but the scene has changed significantly since then. In 2019, American restaurants have fallen to become one of the fastest declining restaurant categories highlighting the nation’s changing tastes, but also the saturation that took the bite out of the burger market.

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A Week on the High Street - 15th May

15 May 2019 by Local Data Company

LEISURE

Rosa’s Thai founders Alex and Saiphin Moore are to open a new grab-and-go Chinese-inspired noodle shop called Hoh Sek at London’s St Katherine’s Dock next month. Described as ‘a modern edgy Asian approach to noodles serving authentic broths with a bit of London style’, the daytime menu will feature six main noodle dishes that will be adapted with the addition of more sides for the evening offering. 

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Rethinking the rental model, really knowing your customer and converting space for community services, a round-up of the 19th Retail and Leisure Trends Summit

09 May 2019 by Sarah Phillips

Last week we held our 19th Retail and Leisure Trends Summit at the BDO offices at Baker Street. The theme for this event was ‘Retail Done Differently’ and we were lucky to be joined by some fantastic guest speakers including Sophie Michael from BDO LLP, Will Charnley from SeaSalt, Andrew Thompson from Appear Here and Emma Mackenzie from NewRiver REIT.

If you weren’t able to make the event here’s a brief overview of the topics that were discussed:

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A Week on the High Street - 8th May

08 May 2019 by Local Data Company

LEISURE

Co-founder of Junkyard Golf, Matthew Lake, has confirmed expansion plans with their sights set on two further venues in London as well as Glasgow, Edinburgh, Newcastle, Birmingham, Sheffield and Bristol. The leisure operator, that currently has sites in Leeds, London, Manchester and Oxford has seen over 2.5 million visitors since they opened their first site in 2016. 

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Our latest analysis on market change over 2018 is out now!

02 May 2019 by Sarah Phillips

Today we have released our latest report which quantifies all the market change across the physical retail and leisure landscape over 2018. From the raft of CVAs, administrations and other closure programs launched by retailers to the explosive growth of service categories such as barbers and nail salons - 2018 was a year marked by change.

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Press Release: The evolution of bricks and mortar retailing gathers pace as redevelopment of units increases by 32%

02 May 2019 by Sarah Phillips

The number of units that were structurally changed or redeveloped (demolished, merged, split or converted for another use such as residential or logistics) increased by 32% in 2018 as landlords and place managers work to re-imagine requirements for bricks and mortar retailing. A new report released today by retail location insight business the Local Data Company reviews changes across over 650,000 retail and leisure units to analyse the rate of UK market change in 2018. The number of units being redeveloped increased from 2,646 in 2016, to 2,706 in 2017 and jumped to 3,577 in 2018. This year-on-year increase shows the growing trend for landlords to reconsider how existing retail stock is best used to meet the changing needs of consumers.

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The impact of the extinction rebellion protest on Easter footfall in London's West End

29 April 2019 by James Anderson

Last week saw hundreds of passionate 'Extinction Rebellion' protesters hit the streets of London, protesting to raise awareness of the impact of climate change across the world. The impact on traffic, commuters and businesses has been widely reported, with retailers' sales being hit hard during the week. I wanted to take a look at the impact on footfall across this area, with our SmartStreetSensors being active in this area, comparing the Easter week last year (week 13) and the slightly later Easter this year (week 16). Here are some of my top-line findings:

 

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Meet the speakers joining us at our 19th Retail and Leisure Trends Summit

24 April 2019 by Sarah Phillips
Next Wednesday we'll be hosting our 19th Retail and Leisure Trends Summit at BDOs' Baker Street office in central London. The theme for this event is 'Retail Done Differently' and as usual, we have invited some fantastic speakers to join us who will provide an insight into how their businesses are challenging the status quo and are delivering excellent results. We are thrilled with the caliber of speakers who will be joining us, and we would like to take the opportunity to introduce a bit about them below:
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A Week on the High Street - 24th April

24 April 2019 by Local Data Company

LEISURE

VNK and Italian brewery, Baladin have come together to open a new dining concept in the recently revitalised Triangle district in Camden Lock Market. Italian Alley has opened in five restored railway arches and offers five different Italian eateries each one representing a different region or hero ingredient of Italy. 

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