While gaining employment may still be an issue for the jobseekers of the UK, the situation has improved markedly since this time last year. And according to the latest figures released by the British Retail Consortium (BRC), growth in the retail sector has... Read More
Off-shore buyers are pouring hundreds of millions of dollars into indirect retail property investment, according to Savills Australia. Major investors include the Abu Dhabi Investment Authority and the Canadian Pension Plan Investment Board, which... Read More
New laws designed to limit the cost of legal aid could cause problems for retailers defending accident claims, according to commercial property agent Prop-Search. The changes may prove hazardous to small businesses – even if they are found not to be at... Read More
When JJB Sports entered administration last year, it seemed that the already embattled high street was to receive yet another blow. However, a bid from rival chain Sports Direct meant that many of the sportswear firm’s stores would remain operational,... Read More
Department store Debenhams has announced plans for a major high street expansion despite reporting a fall in profits. In the six months to March, overall profits fell by 5.4 per cent to £120.3 million. Heavily contributing to this issue was a 10 per... Read More
Upmarket supermarket Waitrose is set to sell wonky carrots and knobbly potatoes grown in local schools under a new nationwide scheme supported by gardener Alan Titchmarsh. The supermarket's new ‘grow and sell’ campaign aims to encourage 7 to 11 year-olds... Read More
Restructuring specialist Hilco has sealed a deal to rescue DVD and music retailer HMV. Hilco, which already owns HMV Canada, said it had acquired 132 HMV shops and all nine branches of the Fopp chain in a deal that could protect 2,500 jobs. HMV, the... Read More
Liverpool’s Clayton Square Shopping Centre has been sold to InfraRed Capital Partners by Land Securities. The 170,000 sq ft centre comprises 34 separate shop units, with existing tenants including popular high street names such as Boots, the Body Shop and... Read More
The mammoth Trinity Leeds shopping complex may have hit the headlines recently with its modern take on high street shopping, yet the focus in the northern city has now very much moved onto a more traditional retail experience. Leeds Kirkgate Market has been a... Read More
Over the past 10 years, retail property rents in Hong Kong have increased several times in locations like Causeway Bay and other prime shopping districts. These areas are home to luxury stores that attract numerous tourists from mainland China. These... Read More