Financial
Card payments accounted for more than £4 in every £5 spent in 2020, says BRC
Terry Clark - 0
Card payments accounted for more than £4 in every £5 spent in 2020, British Retail Consortium (BRC) figures show.
Debit and credit card transactions accounted for 81% of the value of spending last year, up from 78% in 2019.
Debit cards accounted for over half (54%) of all transactions by volume for the first time.
The impact of the coronavirus pandemic and...
Pret a Manger has said it will open more than 200 UK shops over the next two years, after securing a further £100 million cash injection.
The sandwich and coffee chain was battered by the pandemic but said it has seen its city centre sites recover further in recent weeks as more workers have returned to the office.
The company revealed...
Canada Life Asset Management, jointly represented by ARC Retail and Colliers International, has signed JD Sports Fashion plc to prominent premises in Cheltenham’s Regent Arcade, as the latest bolstering of the town’s retail and leisure offering.
A new lease has been agreed with the British sports-fashion retailer on a 11,000 sq ft store, with plans to open before Christmas in...
In celebration of five decades in music, one of the world’s most iconic bands, Queen, will feature in a dedicated experiential pop-up shop on Carnaby Street opening later this month.
The Shop, ‘Queen The Greatest’ will open on Tuesday 28th September 2021 until January 2022 with a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with...
Hackett London has announced its new campaign with legendary British racing driver and Formula 1 world champion, Jenson Button, for the unveiling of the Autumn-Winter 21 collection.
With this exciting new collaboration, the British menswear brand celebrates the fascinating lifestyle of Hackett men. Under the concept “Embrace the Curves of Life'', Hackett London underscores the importance of living the exciting...
Icon Outlet has revealed it experienced a record-setting August across three key metrics compared to the same month in 2019. Sales increased by 24%, average transaction value grew by 11%, and footfall rose by 10% versus the same benchmarks in August 2019.
The record-setting performance has been driven by the continued enhancement of Icon Outlet’s offer, with five new brands...
Landsec has announced the opening of a standalone store for Carvela, the women’s footwear and accessories specialist retailer, at Bluewater in Kent.
The 1,200 sq ft unit, adjacent to Apple on Upper Guildhall, forms the brand’s seventh bricks-and-mortar store in the UK, and its first in the South East. Showcasing its innovative new range of shoes, bags and accessories, Carvela...
Victoria Square has announced the signing of Craghoppers, the global outdoor and adventure travel specialist, for its debut stand-alone brand store in Northern Ireland.
Craghoppers has spent over 55 years curating technical and innovative clothing and accessories for its customers’ adventures. With an emphasis on lightweight, waterproof and insulating outerwear, the 2,387 sq ft Craghoppers store is set to open...
Next has agreed a deal to run Gap’s business in the UK and Ireland as a franchise partner.
However, the move will not spark a return for Gap’s high street operations, after the retail giant revealed plans in July to axe its 81 stores in the region.
The move will see the two firms form a joint venture – with 51%...
Aldi is trialling its first checkout-free store to allow customers to shop at the supermarket and exit without the need to pay at a till.
The discount supermarket chain said the store is in London but declined to give further details of the location of the trial site.
It said shoppers will scan a smartphone app to enter the store and...