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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[PRESS RELEASE] High Street exits remain at historic high as openings slump to lowest levels on record - What now for retailers?

A record net 2,481 stores disappeared from Great Britain’s top 500 high s treets in 2018. In total, 3,372 shops opened, compared to 5,833 closures. (2017 net loss: -1,772 stores), according to PwC research compiled by the Local Data Company (LDC).
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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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Moving in: the trend for retailers sharing space continues

20 March 2019 by James Anderson

Retailers sharing space (concessions or store-within-a-store) is not necessarily a new concept. Historically we have seen a plethora of brands operating under one roof in department stores, which until more recent times has been a successful channel for many retailers. However, with recent market changes, the need for retailers to think outside the box for new ways to share space has given rise to a whole range of possibilities

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An interview with Ryan De Oliveira, Co-Founder of speciality coffee shop, the Attendant

13 March 2019 by Lucy Stainton

I have to declare an interest here, I’m a total coffee addict and the move to bigger offices in Clerkenwell last year has only served to fuel my vice with a plethora of amazing independent concepts within a short walk of our HQ. However, despite the trend towards ever-increasing coffee consumption, the market still faces challenges and interestingly in London we have seen a, perhaps unexpected, decrease of independent coffee shops in the last 12 months. Is it the increased competition, higher rents and rates or challenges from the multiples which is causing a slow down? We are huge supporters of founder-led businesses as well as champions of great new concepts and very strong coffee, so it was a real pleasure to chat to Ryan, who alongside his business partner founded The Attendant, a must-visit if you are ever near their Clerkenwell, Shoreditch or Fitzrovia venues...

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Celebrating the LDC team on International Women’s Day

06 March 2019 by Sarah Phillips

Friday 8th March is International Women’s Day and how better to acknowledge it than celebrating all the amazing women (and men) that we are lucky to have working at The Local Data Company. As of today, 56% of LDC staff are female and are working in roles across sales and marketing, technology and operations; from entry-level right up to director. Happily, this increases to 60% when focusing only on the senior leadership team, which is a stat that we are incredibly proud to share. 

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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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How has the British high street changed since 2012?

13 February 2019 by Sarah Phillips

2012 was a year of challenges for the retail sector. With the country back in a recession, things were not easy for retailers. Spending was reducing and consumers were extremely cautious as they struggled to pay their bills. The move to online shopping was really starting to take hold and retailers were increasingly investing in digital to cater for the new generation of consumer. This was especially true for fashion retailers, who, according to the British Retail Consortium,were enjoying growth in both online and offline at this point. This would come to a halt in 2016 as the scales tipped in favour of online (Source: FT.com).

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What impact do Christmas markets really have on footfall?

07 February 2019 by James Anderson

Christmas is once again a distant memory - we’ve taken down our trees, put away the decorations and Britain’s festive market stalls have closed until they are dusted off once again at the end of this year. We’ve seen big changes in the last decade in Christmas markets; an increase in number, duration, size, and ultimately popularity, but the key question still remains – are Christmas markets having a significant impact on footfall levels?

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