Affluent Nordic cities are attracting international retailers as they broaden EU expansion plans, Jonathan Bayfield explains why. Louis Vuitton, Michael Kors, Boggi and Superdry: these are just a few of the international brands that have expanded across the Nordics in recent years with JLL’s guidance. As economic conditions improve across the Eurozone, retailers are entering […]
Blogs by Jonathan
We’ve all used the internet to research a product before purchasing it. With the ease of reading online reviews written by other users beforehand, as well as using smartphones while shopping, it is now clearly essential to research products online or on your mobile before making a purchase. The growth of e-commerce and what effect […]
I am thrilled to see that, in the last week, eBay and Argos have announced that they have entered an agreement to extend eBay’s offering of click-and-collect services via Argos’s store portfolio. http://www.jllblog.com/EMEARetail/
Being a Chelsea FC season ticket holder, Russian money is something that I have been very well aware of for some years now. Roman Abramovich has believe it or not been involved with Chelsea FC for ten years, as the British press widely reported earlier this year. Russian money and the increased spending power of […]
As Jones Lang LaSalle noted in our recent report ‘London’s West End: Review and Outlook’, London is now arguably the restaurant capital of the world, with the West End at its epicentre. London’s dining industry is in good health; in a recent Zagat survey, 40% of diners claimed that London’s dining scene is better today […]
I love living and working in London, and cannot think of a better place to shop in the world than London’s West End. Nowhere has such a variety of shopping streets and districts. Whether it is marvelling at the size of the jewels on Bond Street, trying out the latest Apple product in the Regent […]
Pureplay retailer, ASOS, announced earlier this week, that it will offer 15-minute delivery slots to its customers. This is the latest move by a UK retailer to raise the stakes in terms of online convenience for the consumer, following House of Fraser’s announcement of Drive-Thru Click and Collect and Morrisons’ tie-up with Ocado. The service […]
One of the most notable news items this week for the retail sector is that the proportion of cash transactions at the point of sale decreased 10 per cent last year. According to the British Retail Consortium’s (BRC) Cost of Payment Collection Survey, consumers are embracing alternative ways to shop using new technology. However, paying […]
Department store House of Fraser (HOF) has announced that like-for-like sales increased at record levels at 3.3 per cent to £1.2 billion over the last full year as the group has achieved growth across all categories, according to figures released last week. In the 52 weeks ended January 26th 2013, adjusted EBITDA rose 4.3 per […]
After a substantial amount of speculation, supermarket Morrisons will finally have an online grocery retail presence, after launching its new agreement with Ocado this week. The deal has, however, not gone unnoticed by competing supermarket Waitrose, who also have an arrangement with the delivery firm. The introduction of e-retailing for Morrisons at the end of […]
One of the big stories in the UK retail sector this week is that customers at British Land’s shopping centres will be able to enjoy free Wi-Fi later this year. As many of you know, for me, this is really great news! British Land’s full shopping centre portfolio will benefit from the deal with BT […]
A number of announcements this week have further illustrated how truly multi-channel the retail sector is becoming. Selfridges have announced they are set to open a drive-thru click-and-collect service at its London flagship store. The department store is going to adapt a forecourt space off the side of its Oxford Street site so that customers […]
Some positive news this week, as the UK economy managed to exceed analysts’ expectations and achieve growth of 0.3% in Q1, thus avoiding an unprecedented triple dip recession, and providing a timely boost to sentiment after an uncertain beginning to 2013. Unfortunately, notwithstanding this progression, the UK’s GDP is still 2.6% below its pre-recession peak […]
Three months after joining Jones Lang LaSalle as a graduate in the Retail Research team – I thought I should have a look into where I think the current retail market is and peer into its future. The shopping centre or high street of yesterday is a thing of the past. Customers, myself very much […]