All Retail articles
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Online
NewRiver sells 90% stake in Northern Ireland retail park
NewRiver has sold 90% of its interest in Sprucefield Retail Park, Lisburn, Northern Ireland, for £34.7m.
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Insight
Hospitality faces a knockout punch
Editor: It really is turning into the fight of the century for the hospitality sector .
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News
Private equity bidding war for Asda reaches its denouement
TDR Capital reported to be frontrunner in battle with Apollo Global Management for Walmart-owned retailer
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Insight
Shops aren’t dead, just evolving
Covid-19 has affected every aspect of our lives. In retail, it has accelerated and amplified challenges that were already weighing down the industry. The impact has been brutal and far-reaching. However, if history teaches us one thing, it’s that challenging times reward those who act.
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Online
Just over 12% of retail rents collected on September quarter day
UK retailers have paid just over 12% of rent for the last quarter so far, with commercial landlords scraping in just over 22% at quarter rent day on 29 September.
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Online
Avison Young cities index warns of slowdown in recovery
A new index measuring the economic activity of cities has found that the UK has significantly slowed down in its recovery after reaching a peak earlier this month.
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Online
Hammerson appoints first woman to top job
Hammerson has appointed Rita-Rose Gagné as chief executive, the first woman to take the role.
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Online
More than £3bn of rent lost since start of lockdown, research finds
More than £3bn of rent has been lost by property investors since the start of lockdown, according to Remit Consulting, in a situation which it said is unlikely to improve in the final quarter of the year.
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Online
B&M to open up to 45 new stores as profits surge
Discount retailer B M is set to open up to 45 new stores later this year after profits and sales soared.
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Online
Boutique bowling concept Lane7 to open at St James Quarter
St James Quarter has signed boutique bowling and gaming operator Lane7 at its shopping galleria.
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Online
Retail rent arrears to exceed £2bn after third quarter
Retail property industry trade body Revo has warned that rent arrears could pass £2bn after today’s rent quarter day.
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Online
Aldi to open 100 more stores as part of £1.3bn UK investment drive
Budget supermarket chain Aldi has pledged to open 100 new stores by the end of 2021, creating 4,000 jobs, as part of a £1.3bn investment drive into the UK.
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News
Pizza Hut CVA approved
Pizza Hut’s company voluntary arrangement (CVA) has been approved by landlords in a move which will see the pizza chain close 29 of its 244 restaurants across the UK.
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News
Sir Philip Green puts Burton’s former HQ up for sale for £80m
Sir Philip Green is looking for £80m for Burton’s former London headquarters.
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Online
Downing given go ahead for First Street co-living scheme
Downing has secured permission for a new co-living development at the First Street scheme in Manchester.
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Professional
The future of working is flexible
We were already heading towards the adoption of flexible working practices for businesses and more flexible rent and leasing arrangements across the retail and office sectors. However, the Covid-19 crisis has accelerated the rate of this change.
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News
Itsu 'may not' exist in a year’s time, says founder
The founder of itsu has said that the sushi chain “may not” exist in a year’s time.
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Insight
We will suffer without offices
I was so furious following the exemption of grouse hunting from the ‘rule of six’, and then even more incensed following the New Look CVA and how the insane and immoral transfer of value from UK property owners to generally offshore private equity now seems to be OK, that I ...
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News
Listed propcos collected just 67% of June quarter day rents
Retail and leisure struggled to bounce back from lockdown, but alternative property classes fared better.
