All Retail articles
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News
Newcore Capital seals £30m deal for east London Tesco site
The asset was purchased on behalf of the company’s latest value-add vehicle, Newcore Strategic Solutions.
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Planning policy holding back Westminster development, report finds
The Delivering Good Growth in Westminster report claims an additional 14m sq ft of commercial space could be delivered.
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Time Retail Partners gains B Corp status
B Corps are businesses that meet the highest standard of verified social and environmental performance.
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Olympia appoints head of placemaking and estate operations director
The London regeneration project has appointed Rachele Caltagirone and Andrew Thomson to its team.
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Northampton shopping centre to be transformed into entertainment hub
The project to redevelop the Market Walk Shopping Centre site will cost over £12m.
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LGPS Central acquires Goodmayes Retail Park
The retail park is located in an area that is expected to see ”significant regeneration and growth”.
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Next slashes annual rent bill by almost £7m as profits hit record £918m
The group renewed 56 leases in the year to January 2024 and cut occupancy cost by nearly a third.
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Knowsley Council buys chunk of Cavendish Walk shopping centre from receivers
The council plans to develop homes, office space and a hotel on the site.
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DTZ Investors snaps up Goodmayes Retail Park for LGPS Central fund
Tenants at the park include Wickes, B&M, Currys and The Gym.
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Supermarket Income REIT pays £34.7m for Stoke Tesco store
The firm purchased the store using revolving credit facility.
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Experts believe UK retail sector has a more stable year in store
A calmer period is anticipated despite recent administrations and M&A activity.
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Abercrombie & Fitch to set up shop on Oxford Street
The retailer has signed a multi-year lease for two floors in the mixed-use retail and office building.
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Abu Dhabi sovereign wealth fund shelves Liverpool One sale
Landsec was reportedly close to concluding a £350m for ADIA’s stake in the shopping centre.
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ESTAMA UK wins contracts to manage three more shopping centres
Addition of Birchwood, Weston, and Byron Place shopping centres take the number of assets the firm manages to 17.
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Store closures expected as Ted Baker calls in administrators
Parent company Authentic Brands Group (ABG) is seeking a new partner for the brand.
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Currys announces profit outlook boost despite takeover collapse
Post-New Year trading sales “have been stronger than expected”, the retailer said in a stock exchange notice.
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Selfridges seeks parent company cash to repay loans as Saudi fund eyes stake
Iconic London department store faces a £27.3m loan repayment deadline.
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Online
John Lewis axes plans for housing to contribute 40% of profits
Last October the group announced it entered the BTR market and launched a management services business.
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M&S given three weeks to update Gove on flagship store plans
The retail giant has the opportunity to resubmit plans to rebuild its Oxford Street store.
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FPG acquires Washington Retail Park in Sunderland
The deal follows the firm’s purchase of the Moorland Centre Retail Park in Lincoln late last year.