As the Big Four supermarkets continue to struggle against the discounters, many are making the decision to cut back on large store openings as a means of expanding their convenience networks. However, it has emerged that discount brand Aldi is engaging in the... Read More
With completion not expected until 2016, the developer behind Leeds' Victoria Gate project says the £150m retail complex is already one-third let. Work started in April on the Hammerson-backed scheme, to include one of the largest John Lewis stores... Read More
Thanks to the upcoming HS2 project, combined with an increasingly buoyant local economy, commercial property in the West Midlands is enjoying one of its strongest revivals to date. Along with industrial units, this has seen the office market enjoy a period of... Read More
Supermarkets are having a very difficult time of late, with the Big Four facing increasing levels of competition from discount rivals such as Aldi and Lidl. As a result of falling sales and plummeting market share, therefore, Sainsbury’s has this week... Read More
TK Maxx — the European brand of US department store chain TJ Maxx — is opening a 30,000sq ft flagship store within Edinburgh's St Andrew Square development. Already the largest new retail letting in the city centre since the 2011 opening of Primark,... Read More
Tesco, once the most dominant retailer in the grocery market, has suffered a number of losses in the past few years, with profit warnings, falling sales and a plunge in market share all contributing to bringing the group back down to earth with a bang.... Read More
The developers behind the £30m transformation of Manchester's Corn Exchange have confirmed that at least a dozen caterers have already sign up for space at the prestige-dining destination. Building work on the Grade II listed building is set to be... Read More
The majority of Scotland's third quarter commercial deals were squeezed into the two weeks following the independence "No" vote, one of the country's biggest property organisations has claimed. More than £962m worth of Scottish commercial, retail and... Read More
A Cheshire commercial development has signed its seventh new tenant in as many weeks. Bank Quay House, on Warrington’s Sankey Street, is owned and directly managed by Python Properties, a property company focusing on bespoke high-quality town centre... Read More
Council planners have given the go-ahead for the rolling redevelopment of the former European headquarters of pharmaceutical giant Pfizer. Developer Discovery Park Ltd (DPL) bought the 180-acre site — just north of Sandwich in Kent — when Pfizer... Read More
