All Retail articles – Page 26
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Markets
A northern retail powerhouse
Fenwick’s £40m refurb is just one of several Tyne & Wear retail revivals.
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Insight
Retail faces sharp downturn in 2023
Marks & Spencer and Tesco are the latest in a list of major high-street stores that reported better-than-expected sales over the Christmas period. Bricks-and-mortar retailers had taken a bit of a battering in the months prior as inflation hit and rolling industrial strikes affected footfall, so a positive result over ...
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News
Godwin signs up Wendy’s for first UK drive-through
Godwin Developments is to add the first UK drive-through outlet for burger chain Wendy’s at its purpose-built roadside retail development Brampton Hut Services in Huntingdon, Cambridgeshire.
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News
Hammerson unveils plans for major office overhaul of Birmingham John Lewis
Hammerson has submitted plans to turn the former John Lewis store in Birmingham’s Grand Central shopping centre into a major office development.
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News
Landsec set to line up former Debenhams chair as next chairman
Development giant Landsec looks set to announce former Debenhams chair Sir Ian Cheshire as its next chairman.
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News
Stetson to make UK debut at Shaftesbury’s Seven Dials
Heritage hat brand Stetson has signed a deal with West End landlord Shaftesbury to open its debut UK store at 58 Neal Street in Seven Dials, central London.
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Online
Supermarket Income REIT takes additional £196m stake in Sainsbury portfolio
Supermarket Income REIT has paid £196m for British Airways Pension Trustees’ 25.5% stake in the Sainsbury’s Reversion Portfolio (SRP) .
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Online
GPE achieves record annual lettings after just nine months
Great Portland Estates has beat its annual leasing record after just nine months of its financial year.
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Online
SEGRO buys Slough shopping park
SEGRO has paid Royal London Asset Management £120m to acquire the Bath Road Shopping Park in Slough, Berkshire.
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News
M&S to take over former Debenhams store at Trafford Centre
Marks and Spencer (M&S) has signed up for a new 135,000 sq ft store in Manchester’s Trafford Centre, taking over the another of Debenhams’ former stores.
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News
Aviva sells Manchester’s Corn Exchange to Middle Eastern investor
Manchester’s historic Corn Exchange has been sold by Aviva to a private investor from the Middle East for around £43m.
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Insight
Options UK’s Christine Hallett on why opportunity knocks with SSAS
Against a backdrop of rising inflation, political uncertainty and widespread industrial action, the pandemic’s lingering effect upon commercial property values has been striking.
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News
Shop closures up 50% in ‘brutal year’, says CRR
The Centre for Retail Research (CRR) has said 17,145 shops closed in the UK in 2022 in what it described as a “brutal year” for the retail sector.
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News
ADG’s plans for Peterlee retail centre submitted
Yorkshire developer Almscliffe Dhesi Group (ADG) has submitted plans to Durham County Council for a 13,027 sq ft retail centre on the outskirts of Peterlee, County Durham.
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News
Sports Direct to take flagship Dublin store
Frasers Group has purchased the 200,000 sq ft Dublin Zara store, formerly home to Debenhams, for its Sports Direct brand.
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News
M&S takes 100,000 sq ft at Grosvenor’s Liverpool ONE
Marks & Spencer (M&S) is taking 100,000 sq ft in the former Debenhams building at Grosvenor’s Liverpool ONE development.
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News
Retail consultancy Harper Dennis Hobbs rebrands as Newmark
London-based retail property consultancy Harper Dennis Hobbs has rebranded as Newmark.
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Online
LondonMetric JV buys resi site on London’s Old Kent Road
LondonMetric has acquired a retail asset in south east London from an open-ended property fund for £38m through one of its joint ventures.
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Insight
Rates reform would boost Oxford Street’s revival
We welcome the recent figures from Savills showing Oxford Street is on the brink of a generational change, with 1.32m sq ft of office schemes proposed in the next five years – driven by market demand and the West End’s attraction to workers as a destination in itself.
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News
Carter Jonas hired as agent for Chippenham shopping centre
Consultancy Carter Jonas has been appointed as the sole leasing agent on Emery Gate shopping centre in Chippenham, acquired by developer Acorn Property Group in August.