Tag: shopping



Thousand Jobs at Risk as Austin Reed Set to Close All Stores

Thousand jobs at risk as Austin Reed set to close all stores
Posted on 2 June, 2016 by Chris Grigorovsky under Business News, Economy

High street retail has taken another hit, as this week saw administrators announce that menswear clothing brand, Austin Reed, is set to close all 120 of its stores, putting 1,000 jobs at risk. The 116-year-old retailer is set to wind-down as there were... Read More

Are Shop Amalgamations the Saviour of Retail?

Are shop amalgamations the saviour of retail
Posted on 18 May, 2016 by Chris Grigorovsky under Business News, Economy

The retail sector has experienced its share of fall backs over the past month. One of the most prominent establishments on the UK high street, BHS, received a major blow after it entered into administration at the end of April. This was then followed by... Read More

BHS Files for Administration

Judgement day awaits BHS today
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

London’s West End Named Top Retail Destination in Europe

London’s West End Named Top Retail Destination in Europe
Posted on 16 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

A new 2016 Global Retail Destination Index launched today at MIPIM, has revealed London as top retail destination in Europe. Created by New West End Company and commissioned with Savills, the “Window to the world” report has ranked London’s West... 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

intu Experiences Record Breaking Cyber Monday

Intu experiences record breaking cyber Monday
Posted on 3 December, 2015 by Chris Grigorovsky under Business News, Economy, Industry News

Leading developer, owner and manager of prime regional shopping centres in the UK, intu, has reported a record breaking Cyber Monday with 125,000 visitors, a 127 per cent uplift from an average day. After the successful strong footfall of Black Friday... Read More

Will Black Friday Be Deemed “Black My-Day” Once Again?

Will Black Friday Be Deemed Black My-Day Once Again
Posted on 2 November, 2015 by Chris Grigorovsky under Business News, Commercial Developments, Economy

After the monumental success that was Black Friday 2014, where, according to Hammerson's Shopper Tribes Report, 66 per cent of consumers used this as an opportunity to treat themselves rather than acquiring Christmas gifts (Black My-Day), retailers are... Read More

Carillion Signs £800m Sunderland Regeneration Joint Venture

Construction work site
Posted on 13 November, 2014 by Cliff Goodwin under Business News, Commercial Developments, Commercial Sales and Lets

A brewery site, which has stood empty for 14 years, is to become a high-tech business centre as part of a 20-year rolling redevelopment of Sunderland city centre. Construction and services giant Carillion has signed a pioneering deal with the city council... Read More

Flexible Leasing Structure gives Designer Outlet Villages the Edge

Flexible-Leasing-Structure-gives-Designer-Outlet-Villages-the-Edge
Posted on 8 October, 2014 by Kirsten Kennedy under Top Properties

One of the key legacies of the recession has been an apparent desire on behalf of consumers to continue to seek bargains wherever possible, whether they are shopping for weekly groceries or high end luxury items. This has seen out of town designer outlets... Read More

Get in the Festive Spirit at Manchester Christmas Markets

Get-in-the-Festive-Spirit-at-Manchester-Christmas-Markets
Posted on 20 December, 2013 by Neil Bird under Business News

This weekend provides the last opportunity for shoppers to catch Manchester’s world famous Christmas Markets.  Now in its 15th year, the annual array of over 300 stalls has become a hugely popular destination that has put the city firmly on the festive... Read More