With Britain finally basking in some long-awaited sunshine, it appears that the spirits of people across the country have somewhat risen. Yet it is not only consumers celebrating the glorious weather, as retailers have been given something to celebrate with... Read More
B&Q owner Kingfisher has said first-quarter profits fell by nearly 30 per cent after sales were affected by weak demand and the cold snap. Trade profits at Kingfisher, which also owns Screwfix in the UK and Castorama in France, fell to £114m for... Read More
Many retailers have spent the past few years cutting back on their commercial property portfolios or failing to renew lease agreements. However, confectionary chain Hotel Chocolat has made the decision to seek a number of franchise partners in order to... Read More
Dutch pension fund service provider PGGM Private Real Estate Fund has entered into a new venture with IAGM Retail Fund, a subsidiary of Inland American Real Estate Trust. Dallas skyline PGGM's head of private real estate, Guido Verhoef, described the... Read More
Birmingham’s Mailbox is to get a major facelift to accompany the regeneration of the city centre. The announcement was made by Brocton Capital and Milligan Retail, the partnership which owns the £127 million building. The Mailbox opened in 1998 and... Read More
British Land has announced that Meadowhall, Yorkshire's leading retail destination, has become one of the world's first shopping centres to offer virtual gift cards. Shoppers at Meadowhall can now buy dedicated digital ‘V-Cards' that are redeemable... Read More
The traditional high street newsagent is battling for survival as supermarket giants push into the convenience store market, according to the boss of Britain’s largest chain of managed convenience stores and newsagents. Britain’s largest food... Read More
The rise of internet shopping has caused severe problems on the high street as more consumers turn from traditional shopping methods in favour of having their items delivered straight to their doors. Now a new report has revealed the repercussions of this... Read More
Last summer the Olympics, and especially the success of Team GB on the medals front, caused a sporting boom in the UK which boosted the profits of specialist retailers at a time where any small rise in fortune was to be welcomed. Car parts and bicycle... Read More
After retail sales were hit by unexpectedly deep snowfall in March, many were hoping that last month would signal the start of a more positive spring/summer season than has been seen for quite some time on the high street. Unfortunately, figures released... Read More
