According to research from Savills, department stores located in shopping centres saw a growth of 11.2 per cent in like for like sales during Q1 2013 compared to the same period in 2012.
Stationery with function and form coming to Intu Lakeside, Manchester Arndale and Trinity Leeds
The latest Retail Sales Monitor from the British Retail Consortium and KPMG showed UK retail sales values were down 2.2% on a like-for-like basis from April 2012, when they had declined 3.3% on the preceding year. On a total basis, sales were down 0.6%, against a 1.0% decline in April 2012.
A group of influential retail analysts believes UK retail could have turned the corner. In its report for the first quarter of 2013 the KPMG/Ipsos Retail Think Tank was able to report better news at last for the UK retail sector, although a significant increase in the health of the industry is unlikely to arrive any time soon.
Pop-up private dining room The Pink Shed is set to welcome a variety of Leeds’ best restaurants and bars when it opens for two weeks of surprise dining on Friday 24 May.
New signings take Gloucester Quays’ quayside extension above 85 per cent pre-let
PopUp Britain, the retail arm of national enterprise campaign StartUp Britain, has selected The Mall Camberley as the first shopping centre in the UK to host an initiative developed to support high street entrepreneurs of the future.
Experian has used Retailscape, its new retail ranking tool, to reveal which UK retail centres have the strongest market potential.
Asian food franchise Wok&Go has launched a search to find 10 new restaurant locations across the UK during 2013/14
Footwear retailer tReds has signed three new stores as part of its UK expansion programme
High street fashion retailer selects Cushman & Wakefield for expansion
Crystal and jewellery retailer Swarovski is launching a new jewellery concept and has appointed Harper Dennis Hobbs to help secure the first UK stores
Delivery company ByBox has expanded its Manchester footprint with the installation of lockers at Peel Land and Property’s Trafford Retail Park and Peel Centre Stockport.
A new study, commissioned by research consultants Latimer Appleby, quantified some of the key behaviours of UK shoppers
The spate of retailer failures in the wake of the December quarter day has proved an opportunity for Morrisons to grab market share for its M Local convenience format
The future of the HMV store at Merseyway shopping centre in Stockport has been secured for the immediate future after a deal was struck with Deloitte, administrators to the troubled entertainment chain.
McArthurGlen’s Cheshire Oaks Designer Outlet has announced that sales for the brands which undertook WorldHost training have risen by 10 per cent since the centre achieved WorldHost Destination status last year.
The retail scene in Ireland has suffered the same depressed start to 2013 as the UK. But agents insist there are grounds for selective optimism
Gordon Brothers Europe acquires 264-store UK video rental business
Savills survey finds spending on leisure services has been more resilient then spending on other services
German baker Ditsch has appointed Cushman & Wakefield to advise as it looks to expand across the UK
Investment in the retail sector fell by 40 per cent in 2012 in comparison to the previous year according to Lambert Smith Hampton’s latest research.
The latest Retail Sales Monitor from the British Retail Consortium and KPMG found that UK retail sales values were up 1.9 per cent on a like-for-like basis from January 2012, when they were down 0.3 per cent on the preceding year.
January has clearly been a tough trading period for shopping centres.
Retail properties in the top European locations are performing independently from the local property markets as a whole according to the latest study by Patrizia Immobilien, which studied retail revenues in 26 major European cities since 2001.
Savills appointed to advise on Republic store portfolio by the joint administrators
Lavazza Espression appoints Cushman & Wakefield to advise on UK expansion
Analysis by The Local Data Company of retailers hitting administration, including Stead & Simpson, Jessops, Comet, HMV and Blockbuster stores, show that over 1,400 stores are at risk of closure (or have closed) creating some big holes on the high street.
JLL analysis shows majority of UK retailers saw sales growth over Christmas sales period
Michael Taylor
Deloitte appointed administrators to 528-branch DVD rental chain
Michael Taylor
According to Cushman & Wakefield sentiment in the out-of-town occupier market was stable in the third quarter of 2012, albeit slightly subdued on the back of disappointing sales figures. There was still a strong preference for dominant retail parks in prime locations where trading was stronger; however, with affordability still the key tenant driver, rental growth was extremely limited.
The latest Retail Sales Monitor from the British Retail Consortium and KPMG found that UK retail sales values were up 0.4 per cent on a like-for-like basis from November 2011, when they were down 1.6 per cent on the preceding year. On a total basis, UK retail sales were up 1.8 per cent, against a 0.7 per cent rise in November 2011.
It has continued to be a challenging year for all retailers in the UK, but early signs indicate an optimistic period for shopping centres in the run up to Christmas according to Diane Wehrle, research director at Springboard.
Adminisators to pull down the shutters on photographic chain with immediate effect
Branch numbers boosted by continuing growth in leisure and catering markets
BRC-KPMG Retail Sales Monitor for December 2012 reveals subdued sales
PwC have been appointed joint administrators of high street photography specialist, The Jessop Group.
The number of retailers falling into administration in 2012 increased by 6% compared with 2011, according to Deloitte
No-growth environment likely to continue well into 2013, according to British Retail Consortium
Burger King franchisees acquire four new restaurants covering more than 11,000 sq ft
Ashley Blake, head of retail property management at Land Securities, told the ICSC Retail Asset Management Conference in London that leisure is key to its strategy.
Cooking demonstrations, street food vendors and pop-up market stalls to feature in multi-million pound ‘Trinity Kitchen’ concept.
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