The retail sector takes another hit this week as convenience chain, My Local, has entered administration, with 1,200 jobs at risk. There have already been 90 stores closed, with a further three to be shut imminently, which will leave just 32 stores... Read More
The supermarket price war rages on, and many UK brands are beginning to feel the strain of competing with European discounter brands such as Lidl and Aldi. One of the greatest casualties so far has been Morrisons, which has announced a new wave of closures... Read More
As regional areas continue to gain an increased amount of interest from developers seeking space for retail and leisure complexes, cinema operators are engaging in renewed programmes of expansion which largely stalled in the early years of the recession.... Read More
Like the majority of Britain’s supermarket chains, Morrisons has suffered repeatedly in recent years at the hands of discounters such as Aldi and Lidl which have offered consumers an alternative to the traditional “Big Four” template which dominated the... Read More
The supermarket price war has been escalating recently as the traditional leading grocery retailers attempt to win back consumers from discounters such as Aldi and Lidl. While this technique has appeared unsuccessful to date, it seems that two of the Big Four... Read More
Development Securities has used the profit from an investment portfolio to acquire the non-food element of a North-East shopping centre. The London-based company paid more than £19m to acquire a 185,000 sq ft share of The Killingworth Centre from supermarket... Read More
Major retail and leisure developments were something of a trend in 2014 and seem set to continue this year thanks to the continuing improvements within the economic climate. This has allowed the debate over the future of the former Morrisons headquarters in... Read More
Although most supermarket brands in the UK are struggling to attract custom at present, Morrisons has consistently been the worst performer out of the “big four”, with its failure to launch an online service until well after its key rivals and minimal... Read More
The big supermarket chains, such as Tesco and Morrisons, are facing a slight challenge in 2015, as larger store openings are seeing a decline. With customers having other alternatives like online shopping, as well as the smaller discount stores of Aldi and... Read More
The supermarket sector is one of the most competitive in British retailing, with the top four constantly attempting to outdo each other with special offers, price comparisons and consumer ratings. However, while Tesco, Asda and Sainsbury’s have tended to... Read More
