Percentage of vacant BHS stores drops by nearly 20% at 3rd year anniversary as landlords repurpose space

28 August 2019 by Ronald Nyakairu

The collapse of BHS three years ago marked the start of a period of turmoil for UK Department stores which is still being felt today and if anything, has intensified. Looking at our data covering the past 12 months (August 18 – August 19) there has been a significant drop in numbers of department stores across a variety of locations types; spaces which were once anchored by some of the biggest names in retail.

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Six key considerations for location planning in a rapidly changing retail and leisure market

17 July 2019 by Ronald Nyakairu

At the Local Data Company, we are always amazed by the rate of change across the UK retail and leisure market which sits at about 20% each year, as retailers, leisure brands and thousands of independent entrepreneurs open and close stores, acknowledging the need to be ever more agile in today’s turbulent landscape.  

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Mall metamorphosis  – how are shopping centres adapting to changing consumer demands?

27 February 2019 by Ronald Nyakairu

As we are in the middle of the reporting season for the major shopping centre owners (REIT’s), I wanted to shine a spotlight on the shopping centre market to understand the changes across the top 100 shopping centres by size over the past few years. I'm going to share the changes we have been tracking, and what I think the future might look like for these important retail schemes.

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Up for sale - the Hammerson retail park portfolio

07 August 2018 by Ronald Nyakairu

In July’s half year results Hammerson announced a change in strategy to shift focus more on their premium outlet and shopping centre schemes. To allow for this focus, they are expected to dispose of their retail park portfolio, selling off their 14 retail parks, the largest being the Central Retail Park in Falkirk and the smallest the Brent South Shopping Park in North London. With this news, I am going to use LDC data to understand the portfolio’s strengths and weaknesses as well as any potential opportunities for prospective buyers. My analysis will look at the occupancy rates across the portfolio, the LDC Health Index rating and the occupier covenants based on their historical openings and closures and the performance of their respective categories.

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Sainsbury’s and Asda – under the bonnet of a potential merger

02 May 2018 by Ronald Nyakairu

This week came the bold announcement of the potential merger between two of the Big 4 supermarkets, Sainsbury’s and Asda. On Monday, Sainsbury’s and Asda stepped up to the podium and gave their rationale behind the deal with a presentation to the market, media interviews and the odd sing song (42nd Street is a great show to be fair).

Using LDC’s online location analysis tool (LDO) alongside market share data, we have looked at the potential fall out of the merger to understand what the CMA may have in store for Sainsbury’s and Asda when investigations begin.

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How LDC data can shed light on One New Change's shopping centre strategy

06 July 2017 by Ronald Nyakairu

A key part of decision making is having accurate and timely data. This is even more important when managing a £540m mixed development scheme in the centre of London, which is one of the most diverse cities in the world. LDC data has been reviewed to understand the challenges, opportunities and strategies that can be applied to the management of One New Change Shopping Centre in central London.

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Analysis: Furniture, Bedroom, Textiles, Carpet and Kitchen stores across GB

02 March 2017 by Ronald Nyakairu

LDC have researched the historical trends in the British bulky goods sector (stores which sell home furniture, baths, kitchens, beds, tiles and carpets), focusing on the growth or decline of the traditional retail park occupiers. This analysis looked at the five year trends (2012 to 2017) across the Furniture, Kitchens, Carpets and Textiles sectors. These categories are all facing intense pressure from growing online sales so we decided to look closer at their performance.

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