Tag: shops



Primark becomes new Anchor at Whitefriars Canterbury

Posted on 30 June, 2014 by Kirsten Kennedy under Top Properties

As the economic recovery continues to gather momentum and consumer confidence heads towards pre-recession levels, many retailers have seen their profits rise and bottom line strengthen. Until recently, this recovery has failed to positively affect clothing... Read More

Plastic Bag Tax set to cost Households £5 per year

Posted on 29 June, 2014 by Kirsten Kennedy under Business News

Since the plastic bag tax was introduced in Wales, the country has seen a vast reduction in the number of carrier bags dispensed by retailers and a rise in households choosing to recycle during the weekly shop. However, new research has indicated that when... Read More

Bury Shopping Centre sold in £52m Deal

Posted on 28 June, 2014 by Jodee Redmond under Commercial Sales and Lets

InfraRed Capital Partners has exchanged contracts for the purchase of Mill Gate shopping centre in Bury from Scottish Widows Investment Partnership. The deal for the 400,000 sq ft centre, is worth £52m. It adds to Infrared's portfolio in the region,... Read More

Waverley Station urged to maximise its Retail Potential

Posted on 27 June, 2014 by Cliff Goodwin under Business News

Scottish rail bosses have failed to spot a prime money making opportunity by not transforming Waverley station into a shopping venue, a retail expert has claimed. The suggestion comes from Leigh Sparks, a professor of retail studies at Stirling... Read More

Retail Sales fall flat in June

Posted on by Kirsten Kennedy under Economy

For many retailers, hopes were raised that the launch of the 2014 World Cup, in combination with the warm weather experienced across the majority of the UK in recent weeks, would equate to a huge increase in consumer spending in June. However, if recent data... Read More

Land Securities confirms acquisition of Bluewater stake following sale of Sunderland and Dundee Centres

Posted on 26 June, 2014 by admin under Commercial Sales and Lets

Deal increases exposure to the South East Britain’s biggest commercial property owner has confirmed the acquisition of a stake in Kent’s Bluewater Shopping Centre following the recent sale of Sunderland’s prime retail centre, The Bridges, and the... Read More

Intu warns of a Shopping Centre too far for Newcastle

Posted on by Cliff Goodwin under Commercial Developments

Newcastle planners have been accused of condemning businesses in the city’s biggest retail centre to “a downward spiral of decline”. The warning comes from Intu –which owns the city’s Eldon Square shopping centre (pictured) – in the face of... Read More

UK’s “Worst Shopping District” to be Redeveloped

Posted on 22 June, 2014 by Kirsten Kennedy under Commercial Developments

A London shopping precinct, named as “Britain’s worst shopping district” by the BBC, is being redeveloped in order to encourage local consumers to spend within the area. Although Leegate Shopping Centre in Lee, enjoyed popularity when it first... Read More

China Building Half of World’s Shopping Malls

Posted on 20 June, 2014 by Cliff Goodwin under Worldwide Property News

Communist or former communist states are proving the hungriest when it comes to developing western-style shopping malls — with China leading the pack with almost 19 million sq ft of retail space under construction. According to the international real... Read More

Retail Park plans rejected by Maidstone Councillors

Posted on 19 June, 2014 by Kirsten Kennedy under Commercial Developments

Maidstone councillors have refused to grant planning permission for an out of town shopping centre located in Newnham Court. The plans, submitted by Land Securities, would have seen the area receive an £85 million investment, with the proposed centre... Read More