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
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
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
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
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
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
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
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
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
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
