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The Retail Pulse FSP Retail Business Consultants April 2015
Retailer Births & Deaths
There were 0 administrations recorded in April. There were 5 new additions to the FSP Retailer Database in April, with 2 new retailers proposing to enter the UK market: US concept Potbelly Sandwich Shop, which will make its UK debut in June on 'The Street' part of Westfield Stratford, and Danish concept Duka PC which specialises in computer solutions for the older generation.
Retail Burn This month, as usual, the big national chains attract the most press. The most talked about retailers, according to the Retail Burn, include: Costa, Nando's, Subway, Evans Cycles, Jones Bootmaker, McDonald's, BHS, Thorntons, Shoe Zone and Bank. The retailer with the highest number of positive news articles in April was Costa, having posted strong full year results and announced it will open 569 new coffee shops in the UK over the next five years, taking its total to 4,292. At the other end of the scale is Bank, with the news that its remaining stores were to close by the end of April.
Hot 100 The Hot 100 in April 2015 included; Launching a budget mobile network that promises
to offer the “best value 4G” in the UK, Carphone Warehouse Opening a Collection store on London's Sloane Street, Michael Kors Opening in Sheffield's Meadowhall, White Stuff Opening at intu Derby and SouthGate Bath, Office Appoints new chairman and posts moderate Q3 growth, Dunelm Mill Opening at Manchester's Trafford Centre, Cath Kidston Launches dedicated US ecommerce site and acquires four UK stores from a franchise partner, Pandora Jewellery Halfyear profits up, WH Smith plc These sustainable businesses have substantial sales, a healthy profit and have maintained good financial health.
Retail News Index
The FSP Retail News Index is a 3 month moving average measure of sentiment in reported retail news stories. The April RNI index for All Retailers, at 104, has decreased by 1. Leisure, at 114, has increased by 3. Clothing & Footwear, at 93, has decreased by 1. Household, at 102, has decreased by 2. Personal, at 100, has increased by 6. Grocery, at 97, has decreased by 6. Food & Beverage, at 109, has decreased by 2. For the full report, click here. FSP on average reviews over 350 unique items of retailer news. Each article is scored according to sentiment. RNI is the sum of these scores indexed against 2005 and averaged over a three month period. The RNI time series for all retailers starts from May 2002.
Product Focus
Strategic Approach to Centre Performance FSP has a wide range of products, experiences and insights which can prove invaluable in assisting landlords build their relationships with tenants. The STAR system provides the platform to record, analyse and report performance at tenant, merchandise category, centre and portfolio level; catchment and demographic analysis helps link performance to the location; quantitative research provides insight into the behavioural patterns of shoppers whilst qualitative research answers the ‘why?’
Thank you for taking the time to read this if you found it useful, please feel free to forward this email to a friend. Retail Pulse data derived from SnapShop.co.uk 01494 474740 fspretail@fspretail.com If you no longer wish to receive the Retail Pulse from FSP, you can unsubscribe here