January footfall: Cheers all round for UK high streets?

OK, first question: Did UK shoppers hit the stores in January? Yes! That was the resounding answer from the latest footfall stats released today by the British Retail Consortium and Springboard. In fact, footfall rose 1.2% year-on-year. It may be a small number in universal terms but in terms of store footfall it was big……

Gap, Banana Republic, Old Navy: Must do better

It’s a funny thing about Gap Inc but it’s one company that has always shown itself able to make a profit, however tough it finds sales growth. I’ve been following this company’s results for 17 years now and the sales picture has been bad for most of that time. But in reporting its January and…