Retail news – Page 3
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NewsOxford Street set for ‘once-in-a-generation’ transformation, report finds
Report shows Oxford Street Programme to improve ‘the nation’s high street’ could boost sales by £2.8bn a year.
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NewsFPG acquires Washington Retail Park in Sunderland
The deal follows the firm’s purchase of the Moorland Centre Retail Park in Lincoln late last year.
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OnlineSupermarket Income REIT’s net tangible assets fall but pre-tax losses are slashed
The value of the group’s supermarkets portfolio fell 3.2% in the last six months of 2023 to £1.68bn.
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OnlineMetrocentre posts 17% profit rise as recovery from pandemic continues
Footfall and occupancy are up at UK’s second largest shopping destination.
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NewsA&o Hostels seeks office and retail properties for £427.5m expansion drive
The UK in included as firm seeks wide range of properties for pan-European expansion plan.
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OnlineGPE signs TK Maxx London flagship store at West End scheme
The brand’s new space comprises 22,500 sq ft on the ground and first floor, with a 70ft Oxford Street frontage.
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NewsNetwork Rail and Lambeth Council unveil plans to transform Waterloo Station
Third-busiest UK transport hub to be remodelled to include new concourses with retail, leisure and office space.
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OnlineCapReg delays publication of annual figures
Regional retail investor’s new auditor has requested more time to compile annual results.
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NewsTime Retail Partners announces internal promotion and hire from JLL
The retail consultancy has promoted Alice Deadman to director and taken on Lucy McGowan-Scanlon as associate director.
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NewsM&S Oxford Street victory is not the final word in key planning debate
Michael Gove could yet restate his case for rejecting scheme, say experts.
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NewsColliers urges Hunt to scrap business rate rises in Spring Budget
The firm wants the chancellor to reduce the multiplier across the board.
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NewsSector ‘breathes sigh of relief’ after High Court overturns Gove’s M&S decision
Experts have asked Gove to take note of the verdict and not cause further delay to the scheme.
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NewsM&S wins High Court battle against Gove over Marble Arch rebuild
Mrs Justice Lieven said the government had misunderstood planning policies and made flawed or unexplained decisions.
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OnlineHammerson weighs Value Retail options as annual figures show recovery
Chief executive Rita-Rose Gagné has said the group is considering its options on the £1.9m holding.
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NewsThe Body Shop to close a further 75 stores, but 116 will remain open
Beauty retailer confirms 489 staff will be made redundant as individual stores are closed.
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NewsCurrys rejects second bid from American investment firm
The US firm’s latest offer valued the electrical retailer at 67p per share.
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NewsLululemon to upsize flagship West End store
The store will mark a 130% increase from its current store at The Yards in Convent Garden.
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NewsECF doubles fund to £400m to support placemaking in England
Injection of an additional £200m of equity and debt has expanded the English Cities Fund .
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OnlineHammerson completes £500m non-core disposal programme with Aberdeen deal
Hammerson has completed its non-core disposal programme following the sale of it Union Square shopping centre for £111m.
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NewsGo Outdoors signs new letting at former Wilko store in Metrocentre
The outdoor clothing and equipment retailer will open the new store later this year.
