As shopping centres throughout the country continue to sign up for renovations designed to attract new retailer tenants, one Chester complex has already found its initiative to be a success before work has even begun. Both TK Maxx and Sports Direct have... Read More
Plans for the redevelopment of Wolverhampton’s Mander Centre have been recommended for approval. Should the £30 million project go ahead, it will see a large portion of the centre which was previously occupied by TJ Hughes demolished. In its place, a... Read More
As consumer confidence continues to improve, luxury retailers have seen a distinct upturn in sales, with seasonal events such as Christmas and Easter coinciding with a far greater consumer spend than has been seen in several years. However, not all have... Read More
Sheffield Council is spending £55m of its own money in an attempt to salvage the city’s doomed new Retail Quarter. The £400m project suffered a major blow last year when developer Hammerson pulled out of the shopping centre scheme. The council cash... Read More
Home Retail Group struggled hugely during the recession, with sales dropping consistently at both its Argos and Homebase stores as consumers battled to save money. However, a combination of the economic recovery and the warmer weather has seen the group... Read More
IKEA — the world's largest furniture retailer — is preparing to open its first shopping mall in China as part of a £952m shift in its Asian retail strategy. Two more shopping centres will follow next year. The Swedish furniture chain has confirmed... Read More
The supermarket price war continues to rage on in the UK, with retailers Tesco, Asda, Morrison’s and Sainsbury’s lowering prices consistently in a bid to compete with imported discounters like Aldi and Lidl. However, new industry data has revealed that... Read More
But regional variations persist With the latest data from the British Retail Consortium (BRC) showing a positive upturn in non-food sales, many retailers are taking advantage of this improved consumer confidence to expand their operations and move into new... Read More
Last week, a report by property agent CBRE showed that London has become the most popular city in the world for international retailers seeking to expand into new markets, paving the way for these companies to grow in other areas of the UK. Now, it has... Read More
The retail industry remains one of the slowest areas of the British economy to gain full recovery status, yet this does not mean that all retailers within the sector are struggling. Conversely, budget retailers in both the supermarket and fashion categories... Read More
