The second phase of the redevelopment of Longbridge has been approved. The latest scheme involving St Modwen’s 468 acre site, the former home of MG Rover, will see the construction of a 150,000 sq ft Marks & Spencer store along with 45,000 sq ft of... Read More
During the recession, many upcoming development projects ground to a halt as banks and investors were reluctant to pump money into commercial schemes. Fortunately, economic growth has provided a kick-start to long-stalled projects – one of which is the... Read More
As the High Street recovery continues to build, with sales of non-food items growing steadily for the first time since the recession, local authorities and shopping centre owners are keen to examine opportunities to further lift footfall levels within town... Read More
As the economic recovery continues to gather momentum and consumer confidence heads towards pre-recession levels, many retailers have seen their profits rise and bottom line strengthen. Until recently, this recovery has failed to positively affect clothing... Read More
The plight of beleaguered shop keepers has been raised in Parliament by an MP who claims that one-in-ten retailers in her North-East constituency pay more in business rates than they do in rent. Speaking during an adjournment debate with high street... Read More
Since the plastic bag tax was introduced in Wales, the country has seen a vast reduction in the number of carrier bags dispensed by retailers and a rise in households choosing to recycle during the weekly shop. However, new research has indicated that when... Read More
InfraRed Capital Partners has exchanged contracts for the purchase of Mill Gate shopping centre in Bury from Scottish Widows Investment Partnership. The deal for the 400,000 sq ft centre, is worth £52m. It adds to Infrared's portfolio in the region,... Read More
Scottish rail bosses have failed to spot a prime money making opportunity by not transforming Waverley station into a shopping venue, a retail expert has claimed. The suggestion comes from Leigh Sparks, a professor of retail studies at Stirling... Read More
Deal increases exposure to the South East Britain’s biggest commercial property owner has confirmed the acquisition of a stake in Kent’s Bluewater Shopping Centre following the recent sale of Sunderland’s prime retail centre, The Bridges, and the... Read More
Newcastle planners have been accused of condemning businesses in the city’s biggest retail centre to “a downward spiral of decline”. The warning comes from Intu –which owns the city’s Eldon Square shopping centre (pictured) – in the face of... Read More
