Tag: retail



West Yorkshire Sees Shopping Centre Development Surge

shoppers in a big shopping center with elevators
Posted on 22 November, 2014 by Kirsten Kennedy under Business News, Economy

Although a number of shopping centre developments have been approved or pitched lately, in the UK overall shopping centre development has remained at a level first seen at the beginning of the financial crisis. However, West Yorkshire has somewhat bucked this... Read More

“Game changing” Master Plan for Oldham Town Centre Revealed

Posted on 21 November, 2014 by Kirsten Kennedy under Business News, Commercial Developments

As the north comes more prominently into focus with property investors from both the UK and overseas, local authorities in regions such as Greater Manchester are keen to highlight the positive impact an acquisition in the area could have. Along with providing... Read More

Kingsway Shopping Centre bought by Queensberry Real Estate

kingsway shopping centre bought by queensberry real estate
Posted on 19 October, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets

Investment into retail commercial properties is beginning to reach pre-recession levels once more, indicating that businesses and individuals are becoming more confident about a long-term recovery within the retail industry. Shopping centres, in particular,... Read More

Sainsbury’s Reports Third Consecutive Quarterly Sales Drop

Sainsburys reports third consecutive quarterly sales drop
Posted on 2 October, 2014 by Kirsten Kennedy under Business News

Supermarkets have experienced a poor run in 2014 so far, with all of the Big Four reporting consistently falling sales as consumers turn to discount brands for their weekly shop. Unfortunately, it appears that this negative fortune is set to continue as... Read More

Bonmarche – The High Street’s Best Kept Secret

bonmarche-the-high-streets-best-kept-secret
Posted on 18 August, 2014 by Cliff Goodwin under Business News

Less than two years after it went into administration a West Yorkshire-based clothing retailer has unveiled multi-million pound expansion plans — making it one of the fastest growing companies on the high street. On the brink of bankruptcy — and... Read More

Calgary Commercial Real Estate’s Double-Digit Returns Best in Canada

calgary-commercial-real-estates-double-digit-returns-best-in-canada
Posted on by Jodee Redmond under Industry News

Calgary had a total return of 11.1 percent for the year ending June 30, according to the REALpac/IPD Canada Quarterly Property Index. This figure was high enough to make it the best in Canada. Edmonton, at 10.8 percent, and Toronto, at 10.1 percent, both... Read More

Sainsbury’s Speaks Out Against Longer Sunday Trading Hours

Posted on 14 July, 2014 by Kirsten Kennedy under Business News

During the Olympic Games, an influx of visitors to the UK provided a welcome boost for retail businesses, with tourism spending for 2012 rocketing as a result. In part, this was due to the relaxation of Sunday trading laws, allowing larger stores to open for... Read More

Thorntons Closes 36 Stores as Business Rebalance Continues

Thorntons-closes-36-Stores-as-Business-Rebalance-Continues
Posted on by Kirsten Kennedy under Business News, Economy

High Street retailers may be enjoying a relatively profitable period at present due to the upturn in the economy, but this does not necessarily mean that their future successes are guaranteed. Factors such as changing consumer spending habits, high levels of... Read More

Dubai Unveils World’s First Climate-Controlled City

Dubai-Unveils-Worlds-First-Climate-Controlled-City
Posted on 13 July, 2014 by Cliff Goodwin under Worldwide Property News

First it was the world’s tallest building, then a hotel shaped like a sail. Now, even before work has finished on its palm tree shaped archipelago of luxury properties, Dubai has unveiled plans for its biggest project yet - the world’s largest shopping... Read More

Developers acquire Durham Shopping Centre in £12 million Deal

Developers-acquire-Durham-Shopping-Centre-in-12 million-Deal
Posted on 11 July, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Retail acquisitions have risen hugely in recent months as developers seek to cash in on the improving consumer climate, with a number of high profile deals being completed in regional areas throughout the UK. This week, London based property firm Clearbell... Read More