Dubai's commercial property market is undergoing a period of growth in most of its key areas as the emirate's economy improves and occupier demand is on the rise. The increase is centered on submarkets in the central region, such as Business Bay,... Read More
It’s hoped a multi-million pound shopping development for Croydon will boost the area’s recovery after the devastating 2011 riots. The £1bn Westfield mall — overwhelmingly approved by council planners and backed by London’s Mayor Boris Johnson... Read More
During the recession, a wealth of brands entering administration provided investment opportunities for existing retail groups willing to take a risk, with several seeing their decisions pay off now as consumer confidence rises. This has been the case for the... Read More
Land Securities, has revealed plans for a further two retail projects in key locations. Oxford and Glasgow are both to benefit from the creation of extensive and modern retail developments, with the initial groundwork expected to start in the coming months in... Read More
Tie Rack has become the latest retailer to announce the cessation of high street trading. The chain has now launched a closing down sale in order to shift stock before closing its 44 UK stores, with all trade in town and city centres due to finish by the end... Read More
Although UK store administrations have slowed dramatically since the start of the year, several brands are finding a lack of consumer demand and shrinking profit margins challenges which prove to be insurmountable in the long run. As a result, administrations... Read More
Sainsbury's has posted a half-year pre-tax profit of £433m, a rise of 9.1 per cent compared to the same time last year. The supermarket chain said the results were “strong” considering the “tough trading environment”. The report continues... Read More
UK retailers are experiencing something of a boom in sales at present, with the British economy picking up and yielding some positive results in the retail industry. Yet for many, the slow pace of growth has left them keen to chase a higher volume of sales in... Read More
John Lewis is to open a department store at Westfield shopping centre in West London. The 230,000 sq. ft. branch covering an impressive four floors will be one of the biggest in Britain and will anchor a £1 billion extension of the shopping centre,... Read More
While the economy may be improving and consumers have once more begun to spend, small retailers across the country still find themselves struggling to make ends meet. In part, this is due to the internet shopping craze, which has seen consumers browsing the... Read More
