Tag: Retail Property



Mothercare Posts Further Losses

Posted on 25 May, 2013 by Kirsten Kennedy under Business News

Mothercare was once the store all new mothers in the UK relied upon to provide them with their every need, whether this was a pram, reasonably priced clothing or even just some advice. However, the boom of internet shopping and an increasing number of chains... Read More

Morrisons Agrees Deal with Ocado

Posted on by MOVEHUT under Business News

Morrisons, Britain’s fourth largest supermarket chain, is going into business with online retail grocer Ocado. Morrisons says it has agreed an online food tie-up with Ocado that will enable the group to launch an online grocery service by January... Read More

Poundland Drops Prices to Undercut Rivals

Posted on 24 May, 2013 by MOVEHUT under Business News

Poundland has begun an audacious price-war by charging consumers just 97p in locations where arch rivals including 99p Stores have opened up. Jim McCarthy, Poundland chief executive said the price drop is part of the retailer’s “competitor... Read More

Number of Empty Shops in Wales Hits New High

Posted on 23 May, 2013 by MOVEHUT under Economy

Nearly one in five shops in Wales now stands vacant following a disappointing spring for retailers as many shoppers escaped the cold weather by staying at home. The latest data from the British Retail Consortium (BRC)/Springboard Retail Footfall... Read More

Marks and Spencer posts Dramatic Profits Drop

Posted on by Kirsten Kennedy under Business News

Marks and Spencer (M&S) has been hitting the headlines for all the wrong reasons recently, with high profile resignations and consumer dissatisfaction plaguing the once-spotless profile of one of the UK’s most iconic brands. Now it has emerged... Read More

New Shrewsbury Shopping Development Postponed Indefinitely

Posted on by Kirsten Kennedy under Commercial Developments

After several tough years, the retail industry is beginning to get back on its feet with several high profile chains managing to post greater profits than have been seen since pre-recession 2008. In turn, this has had a positive effect upon developers, with... Read More

Whiteley Shopping Centre Opens its Doors

Posted on by Neil Bird under Top Properties

The wait is over. Today Hampshire’s Whiteley Shopping Centre finally opens its doors following an on-off planning saga lasting six years. The event will be marked by five days of celebrations, beginning with an outside broadcast by Wave FM, prior to the... Read More

British Land warns Stores to Step up Technology or become Obsolete

Posted on 21 May, 2013 by Kirsten Kennedy under Business News

For some time now the internet has been playing a prominent role in the British retail environment, with consumers increasingly turning to online stores such as Amazon and play.com in order to make their everyday purchases. Even the grocery sector has been... Read More

Scottish Retail Results Remain Positive

Posted on by Kirsten Kennedy under Economy

The retail industry seems set on a path of recovery, with nationwide results indicating an improvement in consumer confidence and a leap in footfall in high street shops up and down the country. However, with Easter falling in March rather than April this... Read More

Marks and Spencer Launches New Clothing Range

Posted on 20 May, 2013 by MOVEHUT under Business News

Marks and Spencer has revealed a new clothing collection and a strategy that it hopes will reverse declining sales. The High Street chain said that its new autumn/winter collection will put “quality and style back” into M&S clothing. With... Read More