All Shopping centres articles – Page 15
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News
Westfield’s UK income hit by retail CVAs and leasing delays
Westfield’s UK rental income over the first half of the year fell amid an increase in vacancies due to the rash of retail CVAs and administrations and delays with leasing due to Brexit.
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Gallery
In pictures: Samsung’s King’s Cross store – a new take on tech
Samsung has unveiled an eye-catching ‘showcase’ at London’s King’s Cross. Stores editor John Ryan takes a tour.
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News
Intu launches ‘transformational’ strategy as rental income slumps
Shopping centre owner Intu has launched what it has dubbed a “transformational” five-year strategy as it bids to arrest tumbling rental income and asset values.
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News
Hammerson eyes leisure and co-working space as future anchors
Hammerson is looking to leisure concepts, contemporary fashion brands and co-working space as future anchors for its flagship schemes, as it continues to alter its tenant mix away from retail.
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News
Agenda: Next, Pets at Home and Travis Perkins update
Retail Week looks ahead to the next seven days with updates from Next, Pets at Home, Travis Perkins, Hammerson and Intu all on the agenda.
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Analysis
Retail property 2030: fewer shops, cheaper rents, indie anchors
As declining footfall, spiralling business rates and the ongoing penetration of ecommerce lead to a perfect storm for the shop, Retail Week looks at what the future holds for retail property.
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News
UK retailers suffer ‘summer slump’ as footfall falls in June
UK retailers suffered a tough start to summer, as footfall dropped across high streets and shopping centres, though retail parks saw a marginal uptick.
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News
UK retailers suffer worst May in six years as footfall plummets
UK retailers suffered the steepest level of monthly footfall decline in six years during May, according to the latest figures from the British Retail Consortium.
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News
Big four shopping centre landlords face 'long-term risk' from CVAs
One fifth of shopping centre floorspace being let by the four biggest real estate investment trusts is to retailers in administration or with shrinking sales, according to new analysis by UBS.
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News
Boxpark boss Wade: Retail 'on the edge of a precipice'
Boxpark boss Roger Wade has warned retail is “on the edge of a precipice” and urged the government to intervene to save Britain’s high streets.
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Analysis
Analysis: Is Westfield delay making Croydon a retail graveyard?
Westfield and Hammerson’s new £1.4bn Croydon mega-mall was heralded as a catalyst for regeneration. However, construction is delayed, the scheme is ‘under review’ and traders are being forced to shut up shop. Hugh Radojev investigates
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News
Vacancy rates at highest level for four years as footfall declines
National town vacancy rates were at their highest in four years, as high street footfall declined again, according to new figures from the BRC.
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News
Intu warns CVA glut will hit rental income
Intu has warned its rental income will fall below expectations this year following a “higher than expected level of CVAs”.
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News
High street benefits as Easter sun draws shoppers
Retail footfall climbed over the Easter holiday when shoppers hit the high street as the sun shone.
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News
High street to lead Easter footfall revival
Retailers can expect much improved footfall across the long Easter weekend, driven by warmer weather and when holiday falls in the calendar.
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News
Data: The 50 most vibrant retail locations in the UK
For the second year in a row, Cambridge has beat a host of central London locations to be named the best-quality retail destination in the UK.
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News
Data: The 50 worst retail locations in the UK
Shopping destinations in Newcastle, Glasgow, Birmingham, London and Liverpool have been named among the worst-quality retail locations in Britain.
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News
Arcadia draws up planned store closure list
Arcadia has drawn up a list of almost 70 stores it wants to offload as it continues to consider launching a company voluntary arrangement.
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News
Retail footfall in decline for 15th consecutive month
Shopper numbers plummeted by 2% last month, marking the “weakest February in five years”.
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Analysis
Analysis: How will shopping centre flux impact retailers?
Property giants Hammerson and Intu intend to sell off a raft of assets and ramp up their focus on residential units and hotels in an effort to rejuvenate their portfolios including flagship malls. Retail Week examines what the strategy means for the future of retailers in shopping centres.