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A Week on the High Street - 17th April

17 April 2019 by Local Data Company

LEISURE

Market Halls is to open a new flagship venue in London’s Oxford Street on the site previously occupied by BHS.  The third site for the group will have space for 800 covers over three floors with twelve kitchens, four bars, a children’s play area, events spaces and a demo kitchen. It is understood that the group will also open in Intu Lakeside later in the year and have their sights on a few more London locations before expanding further afield.

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A Week on the High Street - 10th April

10 April 2019 by Local Data Company

LEISURE

Following the opening of Gloria's first UK based site, founders of French restaurant group Big Mamma have announced ‘big plans’ for London with a second restaurant on the cards. The hope is that the ‘tongue-in-cheek’ approach will be the difference between them and their mid-market Italian competitors. Opening from breakfast until midnight, the restaurant aims to transport diners to Italy with a ‘capri in the seventies look’.

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A Week on the High Street - 3rd April

03 April 2019 by Local Data Company

LEISURE

Taster, a delivery-only kitchen concept that launched in Paris in June 2017 is to open in London following a trial in Hackney. Having worked with a number of consultants, Taster has developed three pan-Asian brands:  Vietnamese Mission Saigon; Hawaiian poke bowl kitchen O Ke Kai and Korean fried chicken brand Out-Fry. Working with Deliveroo amongst others they promote themselves as offering ‘restaurant-quality meals’ delivered direct to the consumer.

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BDO’s High Street Sales Tracker

21 February 2018 by Local Data Company

The High Street Sales Tracker (HSST) is a weekly report on like-for-like retail sales which is compiled from retail contributors across the UK. HSST works by bringing together the results of retailers with not only a physical presence but also those with multi-channels and those purely online. BDO collate the data and create a like-for-like measure and through the trends and analysis that they have available, issue a weekly report alongside more in-depth reports. This offers contributors an accurate way of benchmarking their performance against others in the market and against the general consumer shopping patterns. The HSST covers fashion, homewares and lifestyle, in-store and online.

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Retail chain store closures fall to 14 stores a day- the lowest level since 2010, say PwC and The Local Data Company

13 November 2017 by Local Data Company
  • Lowest number of store closures since 2010
  • Tobacconists, beauticians and coffee shops thriving
  • Shoe shops, women’s clothing and charity shops declining

Despite the advance of online retail and a testing economy, the number of chain retail outlets closing on Great Britain’s high streets is at its lowest level for seven years, PwC research compiled by the Local Data Company (LDC) reveals.

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In a year of red hot economic change one statistic has frozen

15 December 2016 by Local Data Company

Britain’s retail vacancy rate remained stuck at 12.3% in November. The number of vacant shops has now varied by no more than one in a thousand, net, for the past nine months, new figures from LDC show.

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[Press Release] Vacancy rates in limbo as fourth quarter begins: Improvement has flattened – stays flat

18 November 2016 by Local Data Company

Britain’s retail vacancy rate has now varied from 12.3% by no more than 0.1% in the past eight months, decreasing just -0.1% in October from 12.4% in September.

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Growth in independent High Street stores drives a return to the black for independent retailers across GB

01 November 2016 by Local Data Company

Data released today by LDC and British Independent Retailers Association (bira) shows that traditional independent shops opened slightly more shops than were closed in H1 2016 in Britain’s town centres, whilst the national chains continued to see a fall. Independent shops saw an increase of +4 shops (+0.00%) in H1 2016. This is a reversal from the net decline of -194 shops (-0.07%) in H1 2015. A net growth of +200 units in H1 2016 on the High Streets, was one of the main drivers in the growth of independent retailing in H1 2016.

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PwC/LDC openings and closures in Top 500 towns across GB in H1 2016

27 October 2016 by Local Data Company

Retailers closing 15 stores a day as the high street continues to reshape, says PwC and LDC.


• Lowest number of store openings since 2011
• Tobacconists, estate agents and jewellers thriving
• ‘Fintech’ advances see click and collect services booming

In the first six months of 2016, 2,656 shops closed on Great Britain’s high streets, a rate of 15 stores a day, PwC research compiled by the Local Data Company (LDC) reveals.

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[Press Release] Improvement in vacancy rates on pause in third quarter

13 October 2016 by Local Data Company

The picture across Great Britain – improvement flattens

Britain’s shop vacancy marginally increased to 12.4% in September from 12.3% in August. Annually this is down -0.5% from the same period last year (September 2015).

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