All Retail parks & out-of-town articles
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News
British Land has bought seven more retail parks in a £441m deal
Institutional landlord giant British Land has tapped up shareholders for £300m as it snaps up seven more retail parks.
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News
September footfall saw a decline driven by floods and low consumer confidence
Retail footfall in September declined as widespread flooding, children going back to school and falling consumer confidence affected traffic.
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News
Landlord Hammerson has sold its Bicester Village stake for £1.5bn
Hammerson has completed the £1.5bn sale of its joint venture in Bicester Village to a newly created private equity firm.
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News
Experiential high streets and social media are set to drive footfall over golden quarter
Experiential high streets and social media are set to drive retail footfall over peak season, according to MRI Software’s outlook shared exclusively with Retail Week.
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Data
Convenience on the up, chemists shuttered – the factors affecting store openings and closures
Net store closures of chain outlets in the UK reached 12.5 a day in the first half of 2024, averaging 38 closures and 25.5 openings per day according to new data from PwC and Green Street. Retail Week delves into the data to explore the factors impacting openings and closures
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News
August retail footfall has seen a ‘marginal’ rise despite summer holidays and UK riots
Retail footfall in August saw a “marginal” uplift in a month that usually sees shoppers on summer getaways.
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Data
Ranking: The UK’s top-performing designer outlet centres
As Hammerson sells its stake in Bicester Village owner Value Retail, we teamed up with JDM Retail to reveal the ultimate ranking of the UK’s top-performing designer outlet centres
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News
British Land taps into ‘significant growth market’ with first ever healthcare leases
British Land has leased over 10,000 sq ft of space to healthcare providers for the first time at its Crownpoint Retail Park in Greater Manchester, Retail Week can reveal.
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News
Carpetright: full list of stores rescued from administration by Tapi
Tapi has swooped in to buy rival Carpetright in a multimillion-pound deal but has selected just 54 stores to take over from the retailer.
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News
Landlord Hammerson sells Bicester Village to LVMH-backed private equity firm
Landlord Hammerson has sold its entire stake in Value Retail, the owner of Bicester Village luxury retail park in Oxfordshire, in a £1.5bn deal, which it said would generate around £600m in cash proceeds.
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Analysis
What does the latest footfall data tell us about the state of summer retail?
As the latest retail footfall data from MRI Software shows a “dismal start” to the summer, despite a boost from the Euros, Retail Week sits down with marketing and insights director Jenni Matthews to discuss the impact
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News
Major retail landlord calls for rates review by next government
British Land head of asset management for retail parks, Matt Reed, has told Retail Week more needs to be done to deal with business rates.
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News
Warmer weather and bank holidays boost May retail footfall
Retail footfall in May received a boost as warm weather and two bank holidays helped drive customers to shops.
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News
Marks & Spencer to make ‘biggest single store investment’ in Fosse Park
Marks & Spencer is to undertake its “biggest single renewal investment to date” with an overhaul of its store in Fosse Park, Leicester.
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News
London Marathon helps boost April retail footfall
Retail footfall in April saw a monthly rise of 1.2% across all destinations as shoppers made their way to high streets, battling bad weather conditions and rail strike disruptions.
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Analysis
How retail parks are reinventing themselves with a ‘hybrid’ offer
As retail parks continue to deliver strong footfall and a more diverse mix of shops, Retail Week visits Nugent Shopping Park in Orpington to see what the latest trends are in successful locations
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News
Retail footfall sees ‘modest’ rise boosted by Easter weekend
Retail footfall in March increased across all destinations as the Easter weekend helped boost footfall.
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News
February footfall ‘saved’ by half-term holiday shoppers
Retail footfall across all locations increased in February as the school half-term drove shoppers to stores.
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News
Retail footfall rallies as shoppers stay ‘bargain-focused’
Retail footfall continued on its downward trajectory in January compared to the previous year, but it improved from December as consumers remained “particularly bargain-focused”.
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News
Retail footfall resilient despite storms and strikes
Footfall across all UK retail destinations was resilient in January despite disruptions caused by rail strikes, according to the latest MRI Software data.