Tag: high street



UK High Street Takes Biggest Hit in April Since 2008

Retail Performance
Posted on 6 May, 2016 by Chris Grigorovsky under Business News, Economy

As long standing retailers BHS and Austin Reed entered into administration, the UK high street experienced its worst month since November 2008, according to BDO. High street retailers recorded a 6.1% fall year-on-year in April, with the fashion sector... Read More

Regional High Street Investment Down in Q1 2016 but Outlook Still Positive

Manchester Shopping
Posted on 4 May, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

New figures from Cushman & Wakefield have revealed investment in UK regional high street retail assets was down by 10% on last year. This however has not tarnished overall performance of the sector in Q1, as a total of 44 assets were transacted at a... Read More

UK Retail Warehouse Market sees Better Occupier Demand

Retail Warehouse
Posted on 26 April, 2016 by Chris Grigorovsky under Industry News

Better occupier demand in UK retail warehouses has resulted in the lowest level of vacant space on UK retail parks since 2006, according to a report by Colliers International. The Heading out of Town report found that investment volumes in retail... Read More

BHS Files for Administration

BHS
Posted on 25 April, 2016 by Chris Grigorovsky under Business News, Economy

High Street Retailer British Home Stores has had "no alternative" and officially gone into administration following a struggle with £1.3bn worth of debts. For 88 years, the department store has been a mainstay in UK high streets but now it faces a... Read More

Judgement Day Awaits BHS Today

BHS
Posted on by Chris Grigorovsky under Business News, Economy, Industry News

Iconic high street retailer BHS is facing uncertainty today, as the store could be filing for administration due to £1.3bn of debt and a stand-off between its owner and the biggest lender. The store’s original majority stakeholder and owner of... Read More

Midlands’ Retail Sector Sees Landmark Year

Midlands Retail Sector Sees Landmark Year
Posted on 3 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

According to sector analysts, West Midlands consumers are starting to return to in-store shopping as their purchasing habits evolve. Meeting in Birmingham, representatives from BDO, Lambert Smith Hampton and the Mailbox, discuss retail sector trends... Read More

Top Central London High Street Stores See 9% Rents Jump in Q4

Top Central London High Street Stores See 9% Rents Jump in Q4
Posted on 28 January, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

The latest Prime Rents and Yields Monitor from CBRE shows that prime Central London shops saw rents increase by 9.0% in the fourth quarter, which is the fastest growth in the sector since 1988. Throughout the whole of 2015, rents in the capital's... Read More

Radical New Model Aimed to Revitalise Britain’s High Streets

Radical New Model Aimed to Revitalise Britain's High Streets
Posted on 19 January, 2016 by admin under Business News, Economy, Industry News

A new hard-hitting report has been proposed which introduces a radical new model that will inevitably help get investment back into Britain's high streets. The Town Centre Investment Zones report was launched by a collection of property industry... Read More

High Street Closures fall to Five Year Low

ID:99270041
Posted on 16 October, 2015 by Kirsten Kennedy under Business News

During the past year, the High Street recovery has taken huge steps, with the first half of 2015 seeing shop closures fall to their lowest level in five years according to a new report by PwC and the Local Data Company (LDC). However, rather than this being... Read More

Smartphone Shoppers boosting High Street Fashion Sales says BRC

Happy woman holding shopping bags smiling and holding cell phone
Posted on 1 May, 2015 by Kirsten Kennedy under Business News

As retailers continue to embrace omni-channel methods, they are beginning to reap the benefits with a corresponding boost in sales. While competition from online retailers such as ASOS and Amazon continues to be high, initiatives such as click and collect... Read More