Wake Up to Money Last Orders
Dec 29, 2025
Join Simon Noble, Chief Executive of Cezanne HR, Jane Sydenham, Investment Director at Rathbones, and Clive Chesser, Chief Executive of Pure Gym, as they navigate the current landscape of retail and hospitality. They discuss the delayed consumer spending due to budget concerns, the integration of leisure into shopping experiences, and Clive's insights on how weight-loss drugs should complement exercise. Expect a deep dive into gym trends, the changing after-work culture, and the future outlook for hospitality after a challenging year.
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Footfall Rose But Spending Delayed
- Boxing Day footfall hit a ten-year high but spending shifted and came later in the day.
- Shoppers also sought leisure (cinema, meals), suggesting destinations must offer experiences, not just stores.
Unpredictable Footfall Raises Operational Risk
- Simon Noble says unpredictable footfall makes staffing and service delivery much harder for retailers and leisure venues.
- Businesses need better demand visibility to schedule labour and protect customer experience.
Design Destinations, Not Just Shops
- Mix retail with leisure (cinema, gyms, restaurants) to increase dwell time and resilience.
- Cultivate 'good neighbours' to make a location a destination rather than a collection of shops.