During the recession the appeal for larger, more expensive fashion houses waned as consumers sought clothing which both looked good and adhered to a strict budget. This meant that, while brands such as Mulberry and Burberry struggled to meet sales targets,... Read More
British Land has announced that it has signed an agreement to purchase 50 per cent of SouthGate in Bath from Multi Southgate (LP) Limited for £101 million. The other 50 per cent of the property is owned by Aviva Investors. The acquisition is expected to be... Read More
In recent months popular fashion chains such as Abercrombie and Fitch have posted steadily weakening sales results, harking back to the recession when many retailers failed to meet sales targets. Fortunately, though, other brands have managed to achieve... Read More
The John Lewis Partnership is widely renowned as a powerhouse of British retailing, with the recent recession barely managing to dent profits for either the John Lewis or Waitrose chains. This has allowed the group to rapidly expand and innovate in a bid to... Read More
Ten years ago, the retail environment in the UK was much different to the situation of today. Internet shopping was not the overwhelming force it is now and high streets remained popular with consumers, leading to a surge in large-scale retail developments... Read More
There was a time when Oxford Street’s reputation had fallen to such an extent that many regarded it as a dismal shopping destination. Today, thanks to what has been described as a ‘phoenix-like transformation,’ Europe’s busiest shopping street is... Read More
Canary Wharf Group has announced that another six retail brands will open at the Jubilee Place Shopping Mall expansion in early November. In addition to the nine retail brands already announced, Michael Kors, Tiger of Sweden, Monica Vinader, Schuh, Godiva and... Read More
Vacancy rates have played a huge role in the decline of the high street, with both independent and chain retailers abandoning their premises under the tough economic conditions. Faced with competition from out of town retail parks, where free parking and... Read More
High street guru Mary Portas has been frustrated in her bid to rejuvenate town centres. Claims that funding initiatives have failed to work one year after the launch of her campaign have somewhat marred her attempts to turn things around, while some critics... Read More
The former Wickes boss leading the latest study of the high street has dismissed one of the key recommendations of the Portas Review. Bill Grimsey argues that Mary Portas’ proposal to switch the business rates multiplier from the retail price index (RPI) to... Read More
