Despite the number of empty shops in Scotland reaching a two-year high, the country’s commercial property market is well on the road to recovery. According to the Scottish Retail Consortium just over 11 per cent of retail premises north of the border... Read More
Land Securities has made the decision to increase the floor space of the food court located in the White Rose Shopping Centre, Leeds. A £7 million investment will see the facility triple in size, taking the food court from the present 7,000 sq ft to a space... Read More
Pressure is mounting on the Chancellor after the Telegraph yesterday added its voice to the growing chorus calling for a freeze in Business Rates. In making the call, the newspaper joins the British Retail Consortium (BRC), the British Chambers of... Read More
Although UK store administrations have slowed dramatically since the start of the year, several brands are finding a lack of consumer demand and shrinking profit margins challenges which prove to be insurmountable in the long run. As a result, administrations... Read More
Sainsbury's has posted a half-year pre-tax profit of £433m, a rise of 9.1 per cent compared to the same time last year. The supermarket chain said the results were “strong” considering the “tough trading environment”. The report continues... Read More
UK retailers are experiencing something of a boom in sales at present, with the British economy picking up and yielding some positive results in the retail industry. Yet for many, the slow pace of growth has left them keen to chase a higher volume of sales in... Read More
John Lewis is to open a department store at Westfield shopping centre in West London. The 230,000 sq. ft. branch covering an impressive four floors will be one of the biggest in Britain and will anchor a £1 billion extension of the shopping centre,... Read More
Locals have mixed feelings about a £55 million commercial development proposal in Middlesbrough. The proposal involves the construction of a £35 million retail and leisure scheme in the Middlehaven area of the town, as well as the £20 million... Read More
With Christmas fast approaching, British consumers will soon enter into a frenzy of shopping to pick up gifts for their family and friends. However, it seems that while we Brits enjoy spending hard earned cash on our loved ones, we are a little more reluctant... Read More
With economic recovery in full swing and Christmas looming, British consumers have begun spending in earnest once more. This is good news for the retail industry, especially for brands that have a strong consumer following and are known for reliability and... Read More