Luxury supermarket chain Waitrose, owned by the John Lewis Partnership, will open a total of 26 new stores in 2014, bringing its range of quality goods to new areas in a bid to capitalise on a consumer desire for high quality following several years of... Read More
Turkington Holdings — which made a loss of more than £25m in 2012 — has continued its sell-off strategy with the £2m disposal of a Northern Ireland leisure park. The sale of Eastpoint Leisure Park, near Dundonald, for around £2.2m is the latest... Read More
The Piece Hall, a Georgian building at the heart of Halifax, is to undergo a major renovation. As a result Calderdale Council has now closed the building to public access in order to allow work to create a new visitors’ centre and overall refurbishment to... Read More
Leeds Arndale Centre has been snapped up by the Schroder Real Estate Investment Trust in a deal worth £16.23 million. The 125,384 square foot shopping centre was placed on the market back in October of last year and garnered a reasonable amount of attention... Read More
This time last year, many of the surveys and studies coming from the retail industry showed that small retailers were struggling to keep their heads above water. High business rates, increasing utility bills and low consumer confidence all contributed to the... Read More
It has been announced that work will begin on the long-awaited Riverside development in Stafford, which has been delayed since last since September. The £70 million shopping complex will contain a total of 18 retail units, along with a six screen... Read More
Sainsbury’s now owns and operates more Local convenience stores than traditional supermarkets for the first time in its history. The brand this week opened its 594th convenience store in Balsall Common, Coventry, and is continuing to set a rapid pace... Read More
GVA — the UK’s largest independent commercial property consultancy — has sold one of B&Q’s biggest outlets to an overseas investor for £20m. The agent was appointed to market the home improvement site at White Rose Way last September and... Read More
High street vacancy rates fell to their lowest level in three and a half years during December according to a survey conducted by the Local Data Company. Last month 13.9 per cent of high street shops stood empty compared with 14.1 per cent in... Read More
With the uplift in consumer confidence first seen early last year continuing to build in momentum, investors are increasingly choosing to channel funds into developments which encourage large scale spending. At the forefront of this commercial property boom... Read More
