After a month of indulgence, the beginning of a new year gives us a chance to start a fresh. January is the month where we all look to make (and break within a couple of weeks) new year resolutions. Dry January is a challenge that is widely accepted in an effort to get fit or to simply make up for all that happened in December. Something that is rapidly increasing in popularity is Veganuary, a challenge which simply involves eating vegan throughout January. 

Wherever you look, whether it is your weekly online shop, your digital wallet on your phone or your Smart TV, it is clear to see that technology is making its way into every aspect of modern life.  

Just one of the trends we have been tracking over this year at LDC is the increasing focus on all things health and wellbeing, which continues to have a profound impact on the market. For example, in May this year, the ONS released 2017 data on alcohol consumption in the UK which indicated a rise in the number of people that claimed to be teetotal in 16-24, 25-44 and 45-64 age groups. (Source: ONS, May 2018). In line with these figures, we recently released data revealing a significant decrease in the number of pubs, a trend most likely to be linked to the changes in drinking behaviour outlined by the ONS.

Nike’s rethinking of its entire distribution strategy has created some of the most interesting and thoughtful retail ideas of the moment. Nike by Melrose is the physical embodiment of the company’s 2017 edict to their wholesale channel that they would in future directly support only those retail partners that offer a differentiated experience. This will lead, they anticipate, to a reduction from 30,000 supported retail partners to just 40 worldwide.

Last week saw our 18^th Retail and Leisure Trends Summit, held at the beautiful BCLP LLP offices at London Bridge. We had some fantastic speakers who joined us to discuss the theme of ‘Driving Retail Intelligence with Big Data’. For those that missed the event, here is a short round-up of the day:

LDC's latest bi-annual report is out today and provides an update on the impact of market activity across the first six months of this year.

Over the past few years, the growing number of charity shops has been one of the many topics of debate across the country. The social benefits of these stores can’t be denied, offering those in need a source of low-cost clothing, homewares and support during tough economic times. Aside from the benefits to customers, charity shops also raise money, awareness and exposure of social issues for a broad range of causes. Volunteer staff also benefit from working in these stores, being a first job for many or a way to build confidence and learn new skills. However the business rate relief they enjoy means that they can occupy valuable units at a fraction other retailers would be required to pay. 

In a world where more and more people are looking to spend their money on experiences over products, physical retail has become an important way for brands to build emotional connections with their fans. Particularly through pop-ups, which give brands the flexibility to be more specific in where, when and how they attract an audience and therefore become a far more effective way to grow the business over bombarding the masses with generic campaigns.

The UK toy industry generates approximately £2 billion in revenue annually (Source: IBIS World). There are currently 1,079 toy stores in operation across the country, many of which I’m sure have seen a recent surge in sales as parents look to buy items to keep children entertained for the long stretch of the summer holidays. There are currently four main players in this market, these being The Entertainer, The Early Learning Centre, Toymaster and Smyths. Of the 1,079, these top four make up 433 of the total (40%) and then another 42% are independent shops. Openings and closures across these four companies have been relatively stable in the past 12 months, with any closures representing less than 5%. 

Whether you pronounce it Preemark, Primark or Primarni, there is no doubt that you’ll have come across Primark – the value fashion and homewares retailer that has become a staple of British high streets and shopping centres. Known for its quick fashion, basic styles and most prominently, small price tags, Primark has a distinctive offer within the fashion market, with many opting to love or hate the brand.