All Shopping centres articles – Page 5
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News
Exclusive: Dwindling retail space under pressure as new development hits 20-year low
Pressure is being applied to new retail stock at a time when desire for new physical space is peaking and construction starts reached a 20-year low.
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Data
February footfall rises after strong half-term and weekend spending
Retail footfall in February saw a sharp increase due to the school half-term and greater weekend spending.
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News
Primark creates 250 new jobs as it doubles down on Stratford flagship
Primark is to double the size of its Westfield Stratford City store as part of its pledge to invest in new shops across the UK.
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Data
UK retail sales inch up in January
UK retail sales started the year positively, following a dip in December, according to the latest figures from the Office for National Statistics.
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News
Mike Ashley in talks to become rivals’ landlord with £100m shopping centre investment
Mike Ashley is poised to invest up to £100m in shopping centres in a bet that rising footfall will boost their popularity.
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News
New year footfall hit by strikes and economic uncertainty
Retail footfall in January has dropped significantly compared to the previous month due to train strikes and cash-strapped customers spending less after the festive season.
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News
Store vacancies fall as retail boosted by tourism and office working
The number of unoccupied stores has dropped for the fifth consecutive quarter, according to vacancy rate figures from the BRC-LDC Vacancy Monitor.
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News
Retail footfall shows green shoots of post-pandemic recovery
Footfall increased across retail over the 12 months of 2022, slightly improving from pandemic figures.
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News
Hammerson to diversify Bullring and Grand Central with VR experiences
Sandbox VR, an advanced virtual reality experience, is set to open its largest unit and first UK location outside London this summer in the Bullring and Grand Central, Birmingham.
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Analysis
Analysis: After festive footfall miracle, is bricks-and-mortar having a renaissance?
As a fuller picture of Christmas trading begins to take shape, it is emerging that retailers with stores fared better. Is bricks-and-mortar back for good, or will a new year bring new headaches?
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News
Christmas footfall highest since pandemic as strikes spur shoppers to high street
The number of shoppers visiting high streets and malls rose in 2022, but retail park numbers decreased, the latest figures suggest.
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News
UK retailers braced for subdued run-up to Christmas as footfall drops
UK retailers are braced for a subdued run-up to Christmas as the combined cold weather and rail strikes saw footfall to retail destinations drop last week.
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News
New stores recovery threatened by £800m business rates rise
The rate of store vacancies improved in the third quarter across all retail locations, but physical retail’s recovery is in danger of being held back by an £800m increase in business rates costs.
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Gallery
In pictures: Battersea shopping centre powers innovation at Zara, The Body Shop and Adidas
Battersea Power Station switched the lights back on today, opening its doors to unveil the long-awaited shopping mall south of the River Thames.
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News
Footfall drops for third straight month as cash-strapped customers stay home
Footfall to UK retail destinations dropped for the third month in a row as the cost-of-living crisis kept budget-conscious customers at home.
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News
Data: Store closures slow in ‘remarkable’ post-pandemic retail recovery
The recovery of physical retail stores and leisure destinations has been “remarkable” given the ongoing economic headwinds facing the sector, according to a new report.
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Analysis
Authentic Brands – the conglomerate bidding to put Ted Baker back in fashion
Authentic Brands is a name that’s been mentioned in British retail acquisitions lately, but who is the retail conglomerate, and where could it be looking next?
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News
Flannels and Sports Direct secure Next Beauty & Home store for new flagship
Frasers Group has swooped on the Next Beauty & Home store in the Metrocentre in Gateshead as the site for a new two-in-one North East flagship.
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News
Footfall weakens across UK but regional cost-of-living divide emerges
While retail footfall has fallen across all parts of the UK, the cost-of-living crisis is deepening existing financial disparities between North and South.
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News
Shop vacancies fall for third quarter in a row
The national store vacancy rate has improved for the third quarter in a row but is still above the pre-pandemic level.