Monthly Archives: December 2012



Mega Monday sees Thousands Flock to the Internet

Posted on 5 December, 2012 by Kirsten Kennedy under Business News

With only a few shopping weeks left until Christmas, consumers have entered into a festive frenzy in order to purchase all their gifts before the day arrives. Yet, due to the boom in popularity of internet shopping, it appears that shoppers wish to be more... Read More

Christmas Shopping Season off to Flying Start

Posted on by Kirsten Kennedy under Economy

The past few years have taken their toll on the retail industry, with many chains being forced to liquidate or downsize as a result of reduced consumer spending. Even during the Christmas season, which is traditionally a boom time for retailers, revenues... Read More

US Commercial Rents Rise as Vacancies Fall

Posted on 4 December, 2012 by Jodee Redmond under Worldwide Property News

Most major US commercial markets are showing signs of slow improvement according to the National Association of Realtors' quarterly commercial real estate forecast. The market is currently building momentum, and the increased demand is directly related to... Read More

Race to Save Twinkies

Posted on by Kirsten Kennedy under Business News

The global economic crisis has had an effect upon many businesses internationally, with not even the strongest retailer safe in these difficult times. But it was a shock to learn that Hostess Brands, the US powerhouse which owns the Twinkies, Ho Ho’s and... Read More

UK Commercial Property Values Fall for Twelfth Straight Month

Posted on by Jodee Redmond under Industry News

October marked the twelfth straight month that UK commercial property values fell due the country's sluggish economy, according to figures released by Investment Property Databank (IPD). The average value of warehouses, offices and stores fell by 0.3... Read More

European Commission Calls Foul Play on Minimum Alcohol Pricing

Posted on by Kirsten Kennedy under Business News

For the majority of consumers in Britain, picking up a crate of beer or a bottle of wine with the weekly shop remained one of the few affordable luxuries during the recession, giving pressurised shoppers a chance to relax with a glass of their favourite... Read More

Portas Joins Battle of Primrose Hill

Posted on 3 December, 2012 by Neil Bird under Business News

Last month we reported that celebrities including Sadie Frost and Sam Taylor-Wood are backing a campaign against beauty chain Space NK opening a branch in Primrose Hill. The opposition stems from a desire to protect independent retailers by keeping the area... Read More

Thomas Cook Announces Further Losses

Posted on by MOVEHUT under Business News

A disastrous year for Thomas Cook has been brought to light as the travel company announced that losses increased to £485 million in a period in which the company nearly collapsed and its chief executive resigned. The company suffered from lower... Read More

Dixons Retail Makes Play for Comet Customers

Posted on by Kirsten Kennedy under Business News

As we have previously reported that the collapse of electrical specialists Comet could leave 6,000 staff jobless by Christmas. However, for Comet’s top rivals the closure of so many branches provides an opportunity to expand their customer base. Comet's... Read More

Manila in Throes of Commercial Property Boom

Posted on by Jodee Redmond under Worldwide Property News

Manila, the capital city of the Philippines, is currently experiencing a property boom the likes of which has not been in 20 years. This is believed to be due to the changing perception of the area, which until quite recently had not been a place where... Read More