Industry News

Feb- 2022 -

4 February

West End footfall resurges as Plan B is scrapped

London’s West End has welcomed a “promising” boost to its footfall in the first full week following the end of Plan B restrictions. Weekend footfall reached the highest level since November 2021, hitting 79% of pre-pandemic levels. It was also up by 11% against the previous weekend as more consumers…

4 February

Lintbells names Fiona Hope as new CEO

Lintbells, parent company of YuMOVE, has announced that Fiona Hope, chief commercial officer (CCO), will step into the CEO role from the beginning of February. It also revealed Lintbells co-founder and current CEO, Dr John Howie DL will step into the innovation role to put “greater focus” on Lintbells’ pipeline…

4 February

Over 70% of consumers concerned about environmental issues

Over 70% of consumers are concerned about environmental and sustainability issues, according to the TWC’s ‘Do good, feel good’ report. The report also confirmed that sustainability concerns are already influencing where they are shopping for groceries – and will do so more in the future. Over a third of consumers…

3 February

Pets 2 Places welcomes first franchisee

Pet transport service Pets 2 Places Limited has welcomed their first franchisee in Solihull. It revealed Nic Hughes, 50, launched the Solihull site in January 2022 in order to help pet owners in the town who would otherwise be struggling to get their pets to essential appointments such as the…

3 February

BoE raises interest rates to 0.5%

The Bank of England (BoE) has raised interest rates for the second time in three months to 0.5%, up from 0.25% previously. The BoE Monetary Policy Committee (MPC) confirmed it voted by a majority of 5-4 to increase Bank Rate by 0.25 percentage points, to 0.5%. Interestingly, it revealed those…

3 February

Energy price cap to rise 54% from April

Retail bosses are braced for a spending squeeze after it was revealed the energy price cap is set to increase by 54% from 1 April amid a “record” increase in global gas prices, in a move that is set to affect approximately 22 million customers. Energy regulator Ofgem announced that…

3 February

Jan footfall 20% down on 2019 figures

Footfall in UK retail destinations weakened in January, reaching a gap of -20.8% from the 2019 level versus -18.6% in December, according to Springboard. It said that the drop in levels was driven by a “poorer relative performance in high streets and shopping centres”. However, it said it was “a…

2 February

Shop price inflation surges to 1.5%

Shop Price annual inflation accelerated to 1.5% in January, up from 0.8% in December, according to latest research from the British Retail Consortium (BRC). This is taken from the period covering 1 – 7 January 2022 and reveals it is above the 12-month average decrease of 0.6 and six-month average…

2 February

PetQuip to host pavilion for UK firms at Superzoo

PetQuip has reached an agreement with the organisers of Superzoo to host a pavilion for UK firms for the first time at the Las Vegas show, which takes place on 22-25 August 2022. The PetQuip said its team will offer a “comprehensive package of export advice, market information, logistical support…

1 February

Biomega names new chief commercial officer

Biomega, a European biosciences company who develops and delivers ingredients to the global nutrition and petcare industries, has appointed Silke Middendorf to chief commercial officer. In what the company calls the “next significant commercial step forward for the business”, Middendorf will be responsible for leading the marketing and sales strategies…