Tag: Retail Property



The Changing Face of the High Street

Posted on 1 March, 2013 by MOVEHUT under Economy

In its heyday when walking around the high street there were varieties of different kinds of shops, which had something for everyone. You could get a new outfit from one store and a pair of shoes from another, not to mention a bottle of wine from an... Read More

Shops in Bristol City Centre Buck Poor UK Retail Trend

Posted on 27 February, 2013 by Kirsten Kennedy under Economy

The chief executive of business and tourism body Destination Bristol, John Hirst, has revealed that the southern city is managing to do what few others in the UK can – sustain and even post growth in its retail sector. In fact, the number of sales posted by... Read More

John Lewis Prepares to Axe 325 Managerial Posts

Posted on 15 February, 2013 by Kirsten Kennedy under Business News

Surprise Move Follows Successful Christmas The Christmas trading period was far from the turnaround in consumer confidence hoped for by the retailers of the UK, with many failing to match sales figures from previous year despite the end of the recession. In... Read More

British Land Expands Retail Portfolio

Posted on by Neil Bird under Commercial Sales and Lets

British Land has added to its retail portfolio in a deal that sees the property company assume ownership of Ealing Broadway Shopping Centre. The 300,000 sq ft mall is the centrepiece of a £184m deal with Dutch fund Wereldhave which has now withdrawn from the... Read More

Small Shop Closures are Progress Says Ex Tesco Boss

Posted on 12 February, 2013 by Jodee Redmond under Business News

Former Tesco boss Sir Terry Leahy believes the rise of supermarkets and the closure of small shops is simply "part of progress." He made the comments while speaking on BBC Radio 4's Desert Island Discs. Sir Terry also described some high streets as... Read More

Retail Sales Rise in January Despite Snow

Posted on by MOVEHUT under Business News

The latest retail figures reveal that sales grew at their fastest rate in 13 months in January despite widespread snow across the country.  According to the British Retail Consortium (BRC) last month's like-for-like retail sales were up 1.9 per cent on the... Read More

Forum at the Helm of High Street Action

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

For some time now it has been clear that town centres and high streets have been failing to attract the custom they once did. Even when inclement weather is not playing a role in keeping the nation’s consumers indoors, the discounted prices of internet... Read More

Rise in Sheffield Retail Property Vacancy Rates

Posted on 10 February, 2013 by Kirsten Kennedy under Industry News

But demand increases for office and industrial space The difficulties facing the high street are familiar to everyone. However, while this is largely an issue for all towns and cities, some are struggling more than others with areas in the north feeling the... Read More

Marks and Spencer Plans European Expansion

Posted on 9 February, 2013 by Kirsten Kennedy under Business News

With the current economic situation both in Britain and on mainland Europe, many chains are being incredibly cautious about expanding their portfolio of retail commercial properties on the continent. In fact, the majority of British retailers operating... Read More

HMV Announces First Wave of Store Closures

Posted on 8 February, 2013 by Kirsten Kennedy under Business News

Administrators for stricken retailer HMV have ended weeks of speculation with the announcement that store closures will be taking place throughout the next few weeks. Following restructuring firm Hilco’s buyout of HMV’s mountain of debt it did seem... Read More