Tag: shops



Interest Rate Fears dampen June Retail Sales

Posted on 16 July, 2014 by Kirsten Kennedy under Economy

Retail sales have been steadily growing since the end of 2013 with uplift in consumer confidence together with a hike in real wages creating a more positive environment for retailers. However, the latest figures from the British Retail Consortium (BRC) and... Read More

Michael Kors to open Flagship Store on Regent Street

Posted on 11 July, 2014 by Kirsten Kennedy under Top Properties

As international retailers continue to flock to London, competition for prime locations amongst top designers has begun to reach fever pitch. Now, luxury designer brand Michael Kors is to open a 15,000 sq ft flagship store on Regent Street, which it believes... Read More

Shop Prices Fall at Fastest Rate in 8 Years says BRC

Posted on 10 July, 2014 by Kirsten Kennedy under Economy

Although the economic improvements have led to an increase in consumer spending, retailers are now facing a new problem; increased competition within the retail industry from both discounters and their market rivals. This has seen stores dropping prices in a... Read More

Store Closures Possible at struggling Mamas and Papas

Posted on 8 July, 2014 by Kirsten Kennedy under Business News, Economy

Although consumer confidence has improved since the recession, a combination of low wage growth and changing spending habits continues to affect high street retailers. This has led to several popular names voicing concerns for the future with upmarket pram... Read More

Sell off allows Tycoons to keep control of Prestige Shopping Centres

Posted on by Cliff Goodwin under Commercial Sales and Lets

A £700m retail property sell off has allowed two of Northern Ireland’s most prominent businessmen to retain control of their Foyleside and Forestside shopping centres. The disposal was ordered by Ulster Bank which wants to reduce its exposure on loans used... Read More

Retail Rents on the rise in North West and West Midlands

Posted on 7 July, 2014 by Kirsten Kennedy under Industry News

As the economic recovery continues to gather pace, regional areas are beginning to feel the benefits that were for some time limited only to London and the South East. Although wide variations remain, the regional commercial property markets have been showing... Read More

Poundland Sets Sights on 1,000 Shops as Sales approach £1 Billion Mark

Posted on 3 July, 2014 by Kirsten Kennedy under Business News

Amid the changing consumer habits in the UK at present, discount stores are expanding at a previously unknown rate as households attempt to cut down on spending and stick to a weekly budget. This has played a huge part in Poundland’s hugely successful year,... Read More

La Senza enters Administration for Second Time in Two Years

Posted on 2 July, 2014 by Kirsten Kennedy under Business News, Economy

Since the end of the recession, the number of high street retail administrations has reduced markedly, leading many analysts to hope that recovery is in full swing within the retail sector. Unfortunately the latest news from La Senza indicates that there is... Read More

IKEA adds Sheffield to its Global Network

Posted on by Cliff Goodwin under Business News

South Yorkshire is getting its first IKEA after planners approved plans for the £60m regeneration of a former Sheffield wire manufacturing site. It’s hoped the scheme will create at least 400 jobs. The Swedish furniture giant — which each year... Read More

Plans for Farnborough Shopping Centre Expansion Revealed

Posted on 1 July, 2014 by Kirsten Kennedy under Commercial Developments

As the High Street recovery continues to build, with sales of non-food items growing steadily for the first time since the recession, local authorities and shopping centre owners are keen to examine opportunities to further lift footfall levels within town... Read More