All Retail articles
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InsightThe supermarkets’ finest hour
The new decade started with worrying tensions between Iran and the US, which forced crude oil prices to spike to more than $70 a barrel.
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News
Edinburgh and Glasgow see sharpest decline in shoppers
Retail footfall in some UK cities fell far more steeply than in others in the weeks running up to the nationwide lockdown, data from footfall tracker Purple shows.
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News
Retail landlords suffer big Q1 rent shortfalls
WHSmith, New Look and Pret are among high street names to withhold payment
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News
Intu gets tough with tenants that refuse to pay rent
Intu has threatened to serve ’statutory demands’ to some tenants that have refused to pay their quarterly rent.
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News
Mall loan defaults for second time in a year
Default was triggered following revaluation of trio of UK shopping centres
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Professional
Commercial landlords forced to find new rent arrangements
After Coronavirus Act bans evictions, landlords have to decide whether to defer, suspend or reduce rents due
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Online
Next plans sale and leaseback of HQ and warehouses
Fashion retailer Next has appointed agents to dispose of its Leicester HQ to mitigate the hit to its business by Covid-19.
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Online
Poundland to temporarily close 100 stores
Poundland is closing 100 stores this week in response to the spread of Covid-19.
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Online
CapReg cuts back on capex as it collects only half of quarterly rents
Capital Regional has collected 50% of second quarter rent from tenants as the Covid-19 health crisis impacts on the UK economy.
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Online
NewRiver reliance on grocery and ‘essential stores’ pays off during lockdown
NewRiver has said over a third of its retail assets remain open during the health crisis, as supermarket pharmacies and other essential services stay open during the lockdown.
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News
Dunelm warehouse sold for £2.2m
A warehouse let to Dunelm in Halifax, Yorkshire, has been sold to property investor Parkside Props for £2.2m.
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Online
BrightHouse collapses into administration
The UK’s biggest rent-to-own operator, BrightHouse, has collapsed into administration.
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Online
Cushman & Wakefield makes redundancies
Cushman Wakefield is making redundancies as part of a “long term strategic review.”
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Online
Hammerson collects 37% of second quarter rent and suspends final dividend to mitigate Covid-19 impact
Hammerson collected just 37% of the latest quarterly rent bill in the UK, but is vowing to help tenants through the Covid-19 crisis.
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Online
Next closes operations and stops taking orders
High street retailer Next has temporarily closed its online, warehousing and distributions operations, and has stopped taking online orders.
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News
Jack Wills announces more store closures
Over the last week Jack Wills announced 22 stores will permanently close, bringing total store closures to 33 since their acquisition in August 2019.
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Online
Chiquito will not reopen several stores after Covid-19 lockdown
The Restaurant Group is appointing administrators for its Tex-Mex restaurant chain Chiquito and 61 of its 80 branches will not reopen.
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Online
Mike Ashley apologises for Sports Direct coronavirus response
Sports Direct owner Mike Ashley has written an open letter of apology after the chain came under fire for announcing it would remain open during the Coronavirus lockdown in the UK.
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Online
U+I disposes of three assets for a total of £22.4m
U+I has disposed of the Crown Glass shopping centre in Nailsea for £11.5m, the remaining two units at The Killingworth Centre in Newcastle for £7.5m and 89-107 Queen Street in Cardiff for £3.75m.
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Online
H&M threatens to leave UK leases early
Fast fashion retailer Hennes Mauritz (H M) is petitioning its UK landlords to allow it to exit its leases if sales don’t recover following the Covid-19 pandemic.
