Tag: Retail Property



Deputy PM Blasts Sheffield Council over Stalled Retail Development

Posted on 25 July, 2013 by Jodee Redmond under Commercial Developments

Sheffield City Council has been advised to "get its act together" and take action to deal with the future of the Sevenstone retail scheme after failing to publicly reveal the result of its supposed "crunch" talks. Deputy PM and Sheffield Hallam MP, Nick... Read More

Is it Crazy or Clever to Open a Christmas Shop in July?

Posted on 24 July, 2013 by MOVEHUT under Business News

When we think of July, we usually think of hot weather, a nice beach and a barbeque. But for one shop owner when they think of July, they think of Christmas shopping. Truro Cathedral Yes that’s right, a shop on the high street has opened up in Truro,... Read More

Sports Direct Posts Results of Record Year

Posted on 23 July, 2013 by Kirsten Kennedy under Business News

Sports Direct has become something of an unstoppable force in the UK, with majority shareholder Mike Ashley steadily building an empire on the bones of collapsed rival chains such as JJB Sports. It is hardly surprising, then, that the past year has proven to... Read More

Mothercare Releases Positive First Quarter Results

Posted on 22 July, 2013 by Kirsten Kennedy under Business News

While no retailers can be said to have coasted through the recession unscathed, Mothercare suffered particularly at the hands of the economic downturn. Online competition from e-tailers such as Amazon and the ever-expanding market for baby clothing from... Read More

Thorntons Reports Sales Rise after String of Profit Warnings

Posted on 19 July, 2013 by Kirsten Kennedy under Business News

The retail industry has experienced a significant boost during the current heatwave, with DIY stores, garden centres and supermarkets particularly enjoying their moment in the sun. However, the hot weather has not yielded hugely positive results for all... Read More

Morrisons Claims Shoppers are Still Struggling as it Plans Expansion

Posted on 17 July, 2013 by Kirsten Kennedy under Economy

While the economy is showing positive signs of recovery, there is still a long way to go. Inflation remains at a worrying level, and this in turn is having a negative effect on consumers – especially those still struggling with pay freezes or very low... Read More

Leap in Profits Welcomed by Superdry

Posted on 14 July, 2013 by Kirsten Kennedy under Business News

The recession took a heavy toll on retailers, with both high street brands and luxury labels struggling to keep their heads above water. However, with the economy slowly recovering, many of these firms are now experiencing a welcome return to form as... Read More

Strong Menswear Sales help Burberry Return to Profit

Posted on 12 July, 2013 by Kirsten Kennedy under Business News

During the global financial crisis, consumers were forced to tighten their belts and cut down on non-essentials. This had a huge impact on luxury brands including Mulberry and Burberry, who tend to perform well in overall UK sales yet saw a huge reduction in... Read More

Dalston Shopping Destination to Make Way for New Development

Posted on by Neil Bird under Commercial Developments

Dalston’s Kingsland Shopping Centre is set to be demolished to make way for a new mixed use development that could also threaten the future of a popular community garden. The owner of the centre, commercial property company Criterion Capital, is... Read More

Portas Calls for Retail to Residential Conversions to Boost High Street

Posted on 11 July, 2013 by Kirsten Kennedy under Industry News

High street guru Mary Portas has come up with another plan to reduce town centre vacancy rates and increase footfall. The latest review of the Portas Pilots scheme reveals that a consultation will take place over the next six months to examine the benefits of... Read More