All Retail articles – Page 3
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News
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.
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Oxford Street set for ‘once-in-a-generation’ transformation, report finds
Report shows Oxford Street Programme to improve ‘the nation’s high street’ could boost sales by £2.8bn a year.
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Online
Supermarket Income REIT’s net tangible assets fall but pre-tax losses are slashed
The value of the group’s supermarkets portfolio fell 3.2% in the last six months of 2023 to £1.68bn.
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A&o Hostels seeks office and retail properties for £427.5m expansion drive
The UK in included as firm seeks wide range of properties for pan-European expansion plan.
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Online
Metrocentre posts 17% profit rise as recovery from pandemic continues
Footfall and occupancy are up at UK’s second largest shopping destination.
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Network Rail and Lambeth Council unveil plans to transform Waterloo Station
Third-busiest UK transport hub to be remodelled to include new concourses with retail, leisure and office space.
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Online
GPE signs TK Maxx London flagship store at West End scheme
The brand’s new space comprises 22,500 sq ft on the ground and first floor, with a 70ft Oxford Street frontage.
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Online
CapReg delays publication of annual figures
Regional retail investor’s new auditor has requested more time to compile annual results.
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Time Retail Partners announces internal promotion and hire from JLL
The retail consultancy has promoted Alice Deadman to director and taken on Lucy McGowan-Scanlon as associate director.
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M&S Oxford Street victory is not the final word in key planning debate
Michael Gove could yet restate his case for rejecting scheme, say experts.
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Colliers urges Hunt to scrap business rate rises in Spring Budget
The firm wants the chancellor to reduce the multiplier across the board.