All Shopping centres articles – Page 12
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OpinionThe Secret Retailer: ‘Financial cliff edge looms without rent standstill deal’
We have to secure an extension to the moratorium on landlords taking action against retailers that do not pay rent.
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NewsLondon and Southeast bounce back as rate of footfall growth jumps fourfold
Retail footfall across the UK jumped 4.1% last week, driven by surges in Greater London and the Southeast.
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NewsAmazon in talks to convert JC Penney stores into fulfilment centres
Amazon is currently negotiating with JC Penney and Sears mall owner Simon Property Group to turn its abandoned department stores into Amazon distribution centres.
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AnalysisWeek eight of trading post-lockdown – what you need to know
Retail footfall across the UK jumped 3.8% last week, as the ‘eat out to help out’ scheme gave a much-needed boost to destinations, albeit largely after 6pm.
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NewsProperty sector calls for £1.75bn ‘bounceback’ grant to stave off closures
Five industry trade bodies have called on the government to cover 50% of unpaid rents across the retail, hospitality and leisure sectors in a bid to stave off further closures and job losses.
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AnalysisFour ways retail landlords are ditching the rents status quo
Like so much else in the retail sector, the pandemic has accelerated existing trends in the retail property market. Retail Week looks at the actions taken by landlords Hammerson and the Crown Estate, and what they mean for the future of the industry
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AnalysisWill ‘eat out to help out’ bring shoppers back to stores?
The government’s ‘eat out to help out’ scheme launched on Monday and there are hopes that retailers could feel a halo effect after diners flocked to shopping locations for a cheap bite.
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AnalysisWeek seven of trading post-lockdown – what you need to know
Footfall across all shopping destinations in the UK inched up marginally last week due to a combination of mandatory face masks in stores and the unpredictable weather conditions.
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NewsRetail vacancy rates climb as government scales back relief funds
Vacancy rates across UK shopping destinations increased to 12.4% in the second quarter of 2020, compared with 12.2% in the first quarter.
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NewsWestfield hails ‘encouraging’ footfall in reopened malls
Property giant Unibail-Rodamco-Westfield (URW) has hailed an “encouraging footfall recovery” at its malls since they reopened following lockdown.
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AnalysisWeek six of trading post-lockdown – what you need to know
Footfall levels continued to inch up last week, despite the introduction of mandatory face masks and unseasonably wet weather over the weekend in England.
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NewsWeek five of trading post-lockdown – the data you need to know
While footfall increased for the fifth straight week since non-essential stores were allowed to reopen, the level of increase appears to be tapering off and is still well short of normal levels.
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NewsIntu slashes head office roles as future of centres hangs in the balance
Embattled landlord Intu has slashed jobs at both its London head office and one of its subsidiary property companies after collapsing into administration earlier this month.
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AnalysisWeek four of trading post-lockdown – what you need to know
Footfall more than doubled week on week in the fourth week of trading since lockdown restrictions were lifted, buoyed by the reopening of the hospitality sector.
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GalleryIn pictures: Harrods’ new concept Outlet store at Westfield London
To help clear excess stock that could not be sold due to the coronavirus pandemic, Harrods has launched its first outlet store in Westfield London.
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OpinionOpinion: Summer statement cements retail’s place as UK’s invisible industry
There was hope, rather than expectation, that chancellor Rishi Sunak would offer retailers a lifeline this week.
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AnalysisWeek three of trading post-lockdown – what you need to know
With all retail stores across the UK permitted to reopen from June 29, footfall improved week on week in almost all shopping destinations in week three.
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NewsLandsec hails ‘encouraging’ footfall and reinstates dividend despite rents dip
Landsec has hailed “encouraging” levels of footfall in its centres and will reinstate its shareholder dividend from November, despite retail occupants dragging their feet with rents.
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NewsFace coverings to be mandatory in Scottish shops from next week
The use of face masks or other coverings will become mandatory in shops in Scotland from July 9 as part of the country’s easing of lockdown restrictions.
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GalleryIn pictures: The retailers opening new stores in lockdown
While many retailers have tightened their belts to counter the impact of the coronavirus pandemic, some have used the time to launch new concept stores to expand their reach.