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Market Commentary

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Weekly Retail & Leisure News - 07​ December, 2015

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Black Friday boosts John Lewis, Sainsbury’s and Topps Tiles

Black Friday helped John Lewis record its biggest ever week of trading, as sales via its website rose 15.5%. The company registered sales of £187.7m in the week to November 28, 4.8% more than the same week last year, as a strong day online on Black Friday was followed by a 9.3% rise in stores on Saturday. Meanwhile, Sainsbury’s announced that it sold two and half times the value of Black Friday goods than last year, despite a slow start to the discount day in its stores.

Topps Tiles also announced very positive results last week for the period covering Black Friday. The country’s biggest tile specialist revealed that in the two months to start of December, its LFLs rose 3.3%. The retailer has now cornered a third of the UK tiling market, with the continuing “do it for me” trend helping them achieve record annual sales to October.

In other news, a number of food & beverage operators have announced expansion plans in the UK market, capitalising on the increasing trend for consumers to eat out. Costa has launched Costa Fresco, moving away from its traditional coffee focus, aiming to achieve more food sales, while Second Cup, the Canadian café chain, has announced plans to enter the UK. Additionally, a number of restaurant chains have announced expansion plans this week, including Byron, Five Guys, Côte, Burger and Lobster, Chilango and M Restaurants. These developments reinforce JLL Research’s recent predictions that across Europe, foodservice in shopping centres will rise from 15% today to at least 20% in total over the next decade.

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