Tag: shops



Plans for O2 Designer Outlet Revealed

Posted on 8 January, 2014 by Kirsten Kennedy under Commercial Developments

O2 Arena owners AEG Europe have this week revealed plans to establish a 100 unit designer outlet centre to neighbour the iconic entertainment venue, on the scale of market-leading Bicester Village in Oxfordshire. Talks have now begun with property firm Land... Read More

Marks and Spencer expected to post Poor Christmas Trading Results

Posted on by Kirsten Kennedy under Business News

Last year saw an upturn in consumer confidence as the effects of the economic recovery began to take hold. As a result, many high street chains hoped for a more profitable Christmas trading period than has been seen in the UK for several years, with brands... Read More

Peterborough Shopping Centre sold in £202 Million Deal

Posted on 7 January, 2014 by Kirsten Kennedy under Commercial Sales and Lets

With the uplift in consumer confidence first seen early last year continuing to build in momentum, investors are increasingly choosing to channel funds into developments which encourage large scale spending. At the forefront of this commercial property boom... Read More

Demand for Retail and Leisure Property Expected to Soar in ‘Pockets of Gold’

Posted on by Neil Bird under Industry News

Demand for retail and leisure property is expected to soar in selective locations as the economic recovery gathers pace over the next 12 months. The forecast, from Jones Lang Lasalle (JSL), follows a year of more high profile high street casualties and... Read More

John Lewis reveals Ambitious Growth Plans for Next Decade

Posted on 6 January, 2014 by Kirsten Kennedy under Business News

This Christmas, as has been the case for many before, the undisputed champion of the high street was undoubtedly John Lewis. With most of the department store chain’s outlets across the country managing to break store records in the run up to Christmas Day,... Read More

Debenhams Profits Warning Prompts Resignation

Posted on 3 January, 2014 by Cliff Goodwin under Business News

The department store chain Debenhams has suffered its second winter of disastrous trading with poor Christmas sales prompting a £30m drop in pre-tax profits. Analysts had been expecting profits of at least £110m for the six months to April, 2014. But... Read More

Broadgate Redevelopment to Expand Retail Offer

Posted on by Neil Bird under Commercial Developments, Commercial Sales and Lets

British Land and new joint owners GIC have unveiled plans to redevelop Broadgate, the 32 acre office and retail complex in the City of London. The plans follow the acquisition of a 50 per cent stake in the estate by GIC from Blackstone which is... Read More

Work to Begin on Stalled Bradford Shopping Centre

Posted on 2 January, 2014 by Kirsten Kennedy under Commercial Developments

2013 was a promising year for developers, with the improvement in the UK’s economic situation allowing planned developments to get back on track. Fortunately, it appears that this enthusiasm for large scale projects has continued into the New Year, with a... Read More

The Benefits of Opening on Christmas Day

Posted on 25 December, 2013 by Kirsten Kennedy under Business News

T’was the night before Christmas, and Mum was aflutter, as the milk had gone off and she’d run out of butter. Consumers across the UK today will be thrown into a panic as supermarkets close their doors for a 24 hour period, which in the modern world of... Read More

Christmas pushes West End Sales up by Ten Per Cent

Posted on by Kirsten Kennedy under Business News

Christmas has finally arrived, giving retailers and consumers a much needed rest following the shopping frenzy of the past few weeks. This window of respite has certainly been earned by retailers in the West End in particular, with bosses in the popular... Read More