Tag: shops



Leeds Arndale Centre sold to New Investor

Posted on 22 January, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Leeds Arndale Centre has been snapped up by the Schroder Real Estate Investment Trust in a deal worth £16.23 million. The 125,384 square foot shopping centre was placed on the market back in October of last year and garnered a reasonable amount of attention... Read More

ONS claims Small Retailers are Leading Economic Recovery

Posted on by Kirsten Kennedy under Economy

This time last year, many of the surveys and studies coming from the retail industry showed that small retailers were struggling to keep their heads above water. High business rates, increasing utility bills and low consumer confidence all contributed to the... Read More

Allied London promotes Media and Arts Quarter on Coronation Street Site

Posted on 21 January, 2014 by Neil Bird under Commercial Developments

Manchester’s old Granada Studios, where Coronation Street was filmed for over 50 years, is being marketed as a city centre media and arts quarter by developers Allied London. Allied London's Spinningfields development The 13.5 acre site, adjacent to... Read More

Home Retail Group forecasts Strong Profits for Full Year Trading

Posted on by Kirsten Kennedy under Business News

As recently as two years ago, Argos and Homebase were struggling to overcome financial difficulties in the face of the recession, with consumers unwilling to spend on anything other than essentials. In fact, there were those who predicted Argos to become one... Read More

Work begins on new Stafford Shopping Centre

Posted on 20 January, 2014 by Kirsten Kennedy under Commercial Developments

It has been announced that work will begin on the long-awaited Riverside development in Stafford, which has been delayed since last since September. The £70 million shopping complex will contain a total of 18 retail units, along with a six screen... Read More

Mountain Warehouse to Expand Store Portfolio in 2014

Posted on 17 January, 2014 by Kirsten Kennedy under Business News

Tourism in the UK has taken off in recent years, with the favourable economic conditions and strengthening infrastructure attracting backpackers and holidaymakers seeking luxury alike. Many are seeking the shopping scene and historical attractions in... Read More

Harrods to Close World Famous Pet Store

Posted on by Kirsten Kennedy under Business News

Harrods is one of the best known names in the retail industry, with an illustrious history of selling luxurious goods to the rich and famous. However, one of the most adventurous aspects to the London store is soon to come to an end, as by February the famous... Read More

Sports Direct swaps Debenhams Shares for Options

Posted on by Cliff Goodwin under Business News

In a complex piece of financial engineering, Sports Direct has sold its 4.6 per cent stake in the department store chain Debenhams — just four days after spending £46m to acquire the shares. The sports retailer — whose controversial boss Mike... Read More

Retail Spending boosted by Tourism in December

Posted on 16 January, 2014 by Kirsten Kennedy under Business News

Many retailers in the UK have been left disappointed by the Christmas trading period, with chains such as Tesco, Morrisons and Debenhams forced to readjust their annual profits forecast due to a somewhat lacklustre December. However, in key tourism... Read More

Small Suppliers Squeezed as Leading Retailers take Longer to Pay Up

Posted on by Kirsten Kennedy under Business News

Small firms in the UK have taken great steps towards recovery since the end of the recession, with an upturn in both consumer and business confidence driving growth and demand. However, this recovery could be somewhat limited should the current trend of late... Read More