Pandemic

De Beers sees demand fall in 2022 despite rising revenues

De Beers has announced that it saw a negative demand growth in 2022 as a result of increased Covid restrictions…

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Trade bodies urge Govt to reform ‘broken’ apprenticeship levy

Four trade bodies within UK retail and hospitality, including the BRC, have called on the government to reform the “broken”…

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Vacancy rates improve to 13.8% in Q4

The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than…

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Footfall improves throughout 2022 but remains 14% behind 2019

UK footfall improved throughout 2022, but there still remains a “significant” 14.2% gap to pre-pandemic 2019 levels, according to Springboard’s…

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Beaverbrooks sees record December sales

Jewellery retailer Beaverbrooks has announced record breaking December sales with an 8% increase compared with 2021. The retailer also stated…

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No Christmas boost as retail sales volumes fall 1%

Retail sales volumes fell by 1% in December 2022 after a 0.5% fall in November 2022, according to data from…

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Laings announces £60m turnover in post-pandemic rebound

Retail jeweller Laings has announced a 62% increase in turnover, up to £60m, in its results for the year ended…

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Footfall rises 5.4% amid ‘cause for optimism’, Springboard says

Footfall rose by +5.4% across all UK retail destinations last week from the week before, with increases across all three…

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Store vacancy rate falls but remains below pre-pandemic levels

In the third quarter of 2022, the overall GB vacancy rate decreased to 13.9%, a 0.1% rise from Q2 and…

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City centre footfall increases as workers return to the office

Footfall across UK retail destinations rose marginally by +0.8% last week from the week before as performance was boosted by…

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