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All Retail articles
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NewsApple and Tesla visionary to lead Verge Motorcycles’ global store expansion
Electric superbike company Verge Motorcycles has brought in George Blankenship, the man who brought to life Apple and Tesla’s first stores, to lead its global store expansion strategy.
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NewsGovernment announces £1.1bn fund to regenerate 55 towns
The government has announced a £1.1bn levelling-up cash injection to fund long-term development plans for 55 towns across the UK and put “funding in the hands of local people”.
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NewsDr Martens steps into new store on Oxford Street
Footwear brand Dr Martens has chosen London’s Oxford Street for its newest store amid an uptick in activity on London’s premier shopping street.
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NewsJohn Lewis chair to step down at end of term
John Lewis Partnership boss Dame Sharon White, who led the group’s first foray into real estate, is to step down after five years in the top job, making her the firm’s shortest-serving chair.
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NewsJohn Lewis planning £150m sale and leaseback of Waitrose stores
John Lewis Partnership (JLP) is reportedly planning to sell a dozen of its Waitrose stores in a sale-and-leaseback scheme aiming to raise an estimated £150m.
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NewsLegal & General’s prominent Edinburgh development put up for sale
Legal & General (L&G) is seeking offers for the former Debenhams store on Edinburgh’s Princes Street, a former flagship retail site with planning consents for a £50m redevelopment and change of use.
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NewsBPF demands changes to ‘fundamentally unfair’ empty rates relief policy
The British Property Federation (BPF) has called for empty rates relief for shops to be extended from three to 12 months, with the government consultation on the matter set to close today (28 September).
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NewsCrown Estate welcomes four flagship Regent Street stores
The Crown Estate has announced four new global flagship store lettings in Regent Street.
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NewsLeisure assets prove popular in Acuitus’ £31m September sale
An Odeon cinema in Hastings was snapped up for £250,000 above its guide price just before the start of Acuitus’s latest auction on 21 September, which raised £31.39m, with 85% of the lots offered sold.
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NewsFootasylum opens 20,000 sq ft Oxford Street flagship store
Streetwear and sportswear retailer Footasylum opened a 20,000 sq ft London flagship store last week at 73-89 Oxford Street, which was previously occupied by New Look.
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OnlineBritish Land confident for financial year despite Meta lease surrender for £149m
British Land confirmed it had received a payment of £149m, reportedly equivalent to about seven years’ rent, from social media giant Meta, which surrendered the lease it had agreed for the former’s 1 Triton Square in London’s Regent’s Place.
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InsightAvison Young’s Lesley Males on whether the concept of the department store is truly dead
The decline of the department store sector has been under way for the last 10 years. Around 85% of those occupied by the former ‘traditional’ operators have closed, with problems increasing since the collapse of BHS. This begs the question of whether the concept of the department store is truly ...
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NewsRetail sales volumes rebound in August
Retail sales volumes lifted by 0.4% in August 2023, partially recovering from a fall of 1.1% in July 2023, new research from the Office for National Statistics (ONS) has found.
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NewsWaterstones owner poised for The Body Shop takeover
Waterstones owner Elliott Advisers is reportedly working towards a takeover of The Body Shop.
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OnlineNTA slumps at Supermarket Income REIT despite soaring rental income
The value of net-tangible assets (NTA) at Supermarket Income REIT slumped 19% in the year to the end of June, the company has revealed in its annual results.
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OnlineCommercial property transactions plummet 73% but retail and leisure offer ‘silver lining’
Commercial property transactions fell 67% in the past six months, while the total value of commercial deals plunged 73% to £3.7bn, research from Sirius Property Finance has revealed.
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OnlineBritish Land upgrades retail park rental growth estimate
British Land has upgraded its forecasts for rental growth in it retail park portfolio from between 2% and 4% to between 3% and 5% in response to demand for space.
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NewsThe Conran Shop opens new London flagship store in Sloane Square
The Conran Shop has opened a new flagship store in London’s Sloane Square.
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OnlineBritish Land and Norges put £750m price on Meadowhall, despite denying sale plan
British Land and Norway’s sovereign wealth fund Norges are understood to have appointed CBRE to investigate the £750m sale of its Meadowhall shopping centre in Sheffield.
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NewsRaven Rose and Stonebrook London merge to form new agency
Matter.London, a specialist agency focusing on retail and leisure acquisitions, has launched following the merger of Raven Rose and Stonebrook London.
