Scottish retail sales saw a modest increase of 1.3% in September compared to the same period last year, marking the third consecutive month of growth.
Retail
Glasgow-based fashion retailer QUIZ has announced plans to open between five and ten new UK stores over the next 12 months, with a focus on London and the south. The expansion is driven by a successful new operational strategy, which has contributed to strong like-for-like summer sales and a 20% upl
Shopper footfall across Scotland experienced its sharpest decline since June, falling by 2.3% in September compared to the previous year.
Investor confidence in Scotland’s prime city centre retail and leisure markets is growing, with renewed interest in Glasgow and Edinburgh, according to the latest research from Lismore. This revival is being driven by strong tenant demand, attractive entry yields, and emerging signs of rental
The Scottish Retail Consortium (SRC) has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors, ahead of the Chancellor of the Exchequer’s Budget next month. In response to a written parliamentary question from Michelle Thomson MSP,
Scottish retail sales saw a welcome return to growth in August, providing a much-needed boost for the sector after a lacklustre few months.
Scottish retail footfall fell for the fourth consecutive month in August, sparking nervousness among retailers as they approach the critical "golden quarter" trading period.
The Scottish Retail Consortium (SRC) has voiced concerns after the publication of the latest Recorded Crime in Scotland statistics which show a 17% rise in shop thefts over the past year, to over 47,000 incidents. David Lonsdale, director of the Scottish Retail Consortium, said: “It&rsquo
Scottish retail sales fell by 0.5% in real terms last month as growing economic uncertainty prompted consumers to reduce their spending.
Scottish high streets saw shopper numbers fall again in July, with footfall dropping by 1.3% year-on-year.
Retailers are warning that UK government tax policies are driving up prices and threatening jobs, a new survey from the British Retail Consortium (BRC) has revealed.
Scottish retail sales saw a significant upturn in April, with total sales increasing by 4.5% compared to the same period in 2024.
UK real estate investment firm Praxis has completed the acquisition of Glasgow's St Enoch Shopping Centre, in a deal estimated to be worth £50m. The 12-acre site occupies a prime location at the intersection of Buchanan Street and Argyle Street, adjacent to Glasgow Central Train Station. The s
Aberdeen shopping centre and leisure complex Union Square is set to change ownership in an investment deal worth £111 million. The deal has been sealed by UK-listed retail property giant Hammerson, with completion expected by the end of the first quarter of 2024.
There has been a 2.7% decrease in Scottish retail footfall, slightly better than the UK average of 2.8% year-on-year during the period of 31 December 2023 to 27 January 2024, the latest SRC-Sensormatic IQ data reveals.