Discount retailers have become key drivers of growth in the UK retail industry, yet a common misconception is that only the grocery industry has been affected by a consumer desire to save. This is not in any way true, as budget fashion brand Primark’s... Read More
Discount shops proved to be one of the few success stories on the high street during the recession, frequently taking-up properties vacated by struggling retailers. This trend has continued with names such as Aldi, Lidl and Poundland all increasing their... Read More
After disappointing figures from the retail industry in March, many were hoping that the late timing of Easter would allow the high street to rebound in April. However, new data from retail data company Springboard indicates that, despite the sunny weather... Read More
Development Securities has acquired The Mall Shopping Centre in Armagh, Northern Ireland for £7.4 million. The Mall was first built in 1998, and since then has grown in prestige with the result that it now generates a net operating income of £748,000 per... Read More
As consumers continue to remain wary of excessive spending after four long years of recession, retailers are having to pull out all the stops in order to attract a higher level of footfall as a means of lifting sales. This has seen many unique concepts... Read More
Dublin is among six cities pressing the Irish government to extend its proposed Living City tax relief scheme to include offices as well as retail properties and private homes. Described as a “pilot project for urban regeneration”, the initiative was... Read More
Greater Manchester Pension Fund — which manages am £11bn pension pot for the 10 local authorities in Greater Manchester— has just spent £10m on buying a run-down shopping centre. The 17-shop precinct at Chorlton, four miles from the city centre,... Read More
Amidst the rise of the discounters in the supermarket sector, the established ‘Big Four’ have seen their profits fall as more and more consumers choose to conserve cash by shopping elsewhere. This has taken an especially strong toll on traditional market... Read More
Earls Court date coincides with shop acquisition plans In the world of fashion, few events attract international interest quite like the annual Victoria’s Secret Fashion Show. Now, London is set to cash in on a piece of the action as the US brand has... Read More
Iconic British brands play a huge part in the country’s economy, with both domestic customers and visitors from overseas attracted to the established prestige of stores such as Fortnum and Mason, Harrods and Selfridges. The latter has particularly enjoyed... Read More
